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Ford Foundation Annual Report 1963







Principal Fund Statement

for the year ended September 30, 1963
Principal Fund Balance at September 30, 1962 $2,891,450,441
Excess of net proceeds of disposition of 202,045 shares of Ford Motor Company stock over the carrying value at September 30, 1962 $3,290,348
Excess of net proceeds of sales of other securities over carrying value 3,357,295
Increase arising from adjustment authorized by the Board of Trustees in the carrying value as of September 30, 1963, of 50,436,025 shares of Ford Motor Company Class A Stock from $28 to $30 per share, representing the approximate equity per share as indicated by the December 31, 1962 financial statements of the Company 100,872,050 107,519,693
Principal Fund Balance at September 30, 1963 $2,998,970,134

Summary of Fund Balances

Principal Fund, as above $2,998,970,134
Excess of grants, projects, and expenses over income from establishment (1936) to September 30, 1963 (page 82) (598,777,657)
$2,400,192,477
Appropriated for future grants and projects (112,515,511)
Balance at September 30, 1963 $2,287,676,966