2014 Financials

Grant Appropriations and Payments

In 2014, the Dyson Foundation paid out grants totaling $17,889,192*. New approved grants, net of cancellations and amendments, were $20,163,180. The Foundation incurred approximately $2,329,159 of charitable program and administrative costs.

(*Net of any returned grant funds.)

Investment Income

The preliminary 2014 net* investment gain was $4.9 million, a decrease from 2013 which registered a net gain of $29.1 million.

(*Net of investment management expenses and deferred excise tax.)

Assets

The fair market value of the Foundation's assets at the end of 2014 was $239.8 million, of which $234.9 million represents the investment portfolio. The overall decrease in assets from December 31, 2013 was $10.6 million.

(Source for investment income and assets: 2014 Audited Financial Statement.)

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