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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