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Ford Foundation Annual Report 1998







Historical Summary


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Fifteen Year Summary
Fiscal Years 1984-1998 in millions
1998 1997 1996 1995 1994 1993
Investments
Market value at end of year $9,501.2 $9,432.8 $8,035.3 $7,372.9 $6,475.5 $6,821.4
Cost at end of year 7,161.5 6,652.2 6,140.9 5,692.2 5,471.2 5,360.3
Increase (decrease) in unrealized appreciation on investments (440.9) 886.2 213.8 676.3 (456.8) 36.8
Realized capital gains 745.6 748.3 626.5 339.1 257.1 549.2
Fund Balance at end of year 9,426.2 9,352.0 7,961.0 7,290.3 6,422.8 6,732.3
Income and Expenditures
Dividends and interest income 341.3 256.6 272.3 247.2 232.1 248.2
Program activities 516.9 433.4 366.9 339.5 301.1 326.1
Investment management, general management, depreciation and provision for current federal excise tax 59.5 57.7 53.5 48.9 45.3 46.2