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Ford Foundation - General »
Ford Foundation Annual Report 1966
Principal Fund Statement for the year
ended September 30, 1966
| Principal Fund Balance at
beginning of year |
|
$3,459,381,755 |
| Excess of net proceeds of
sales of 2,829,738 shares of Ford Motor Company stock over the
carrying value at September 30, 1965 |
$40,544,576 |
|
| Excess of market value
over carrying value of 1,858,266 shares of Ford Motor Company stock
transferred to grantees in payment of grants, less related
expenses |
29,026,143 |
|
| Increase arising from
adjustment in the carrying value of Ford Motor Company Class A
Stock (See footnote page 58) |
138,693,844 |
|
| Net loss on dispositions
of other securities |
(1,872,282) |
206,392,281 |
| Principal Fund Balance at
end of year |
|
$3,665,774,036 |
Summary
of Fund Balances
| Principal Fund Balance, as
above |
|
$3,665,774,036 |
| Cumulative excess of
grants, projects, and expenses over income from establishment
(1936) to September 30, 1966 (page 60) |
|
(1,052,251,965) |
|
|
$2,613,522,071 |
| Appropriations reserved
for future grants and projects |
|
(135,537,677) |
| Fund Balances at September
30, 1966 |
|
$2,477,984,394 |