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The work you make possible PRESIDENT CLINTON’S FIRST CAMPAIGN FOR NATIONAL OFFICE HAD A SIMPLE AND unifying theme: Putting People First. This message reflected his belief that every person deserves a chance to succeed, everyone has a responsibility to act, and we all do better when we work together. From its founding, the Clinton Foundation has been guided by this same set of principles. You’ll find these reflected in this 2018 impact report and its new format – an interactive magazine that puts first the stories of the people who are part of our Foundation community. Because of the generous support of individuals, corporations, foundations, and other organizations, our work has helped countless people across the country and around the world. “People First” magazine tells the story of how the Clinton Foundation is working together with our partners to create economic opportunity, improve public health, and inspire civic engagement and service. Throughout the magazine, you’ll meet young civic leaders, committed change-makers, social entrepreneurs, health professionals, and volunteers – all people making a difference and improving lives every day. We believe these stories matter, and we hope you’re inspired by the caring leadership and commitment the stories reveal. We know you have many choices in the work and organizations you choose to support through your charitable giving. You can be confident that we make the most of every single dollar that is contributed; our top ratings from charity evaluators like Charity Navigator, CharityWatch, GuideStar, and the Better Business Bureau reflect that continued commitment. Our work continues, and you are a vital partner. We must do everything we can to put people first and empower people to live their best life stories. On behalf of President Clinton, Chelsea Clinton, our Board of Directors, and everyone at the Clinton Foundation, we thank you for your trust and continued generosity and support. We’re honored that you choose to support our efforts to build a better future for children, families, and communities around the world. Kevin Thurm Chief Executive Officer Clinton Foundation

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Page 1: The work you make possible - Clinton Foundation...The work you make possible PRESIDENT CLINTON’S FIRST CAMPAIGN FOR NATIONAL OFFICE HAD A SIMPLE AND unifying theme: Putting People

The work you make possible

PRESIDENT CLINTON’S FIRST CAMPAIGN FOR NATIONAL OFFICE HAD A SIMPLE AND unifying theme: Putting People First. This message reflected his belief that every person deserves a chance to succeed, everyone has a responsibility to act, and we all do better when we work together.

From its founding, the Clinton Foundation has been guided by this same set of principles. You’ll fi nd these refl ected in this 2018 impact report and its new format – an interactive magazine that puts fi rst the stories of the people who are part of our Foundation community.

Because of the generous support of individuals, corporations, foundations, and other organizations, our work has helped countless people across the country and around the world. “People First” magazine tells the story of how the Clinton Foundation is working together with our partners to create economic opportunity, improve public health, and inspire civic engagement and service.

Throughout the magazine, you’ll meet young civic leaders, committed change-makers, social entrepreneurs, health professionals, and volunteers – all people making a difference and improving lives every day. We believe these stories matter, and we hope you’re inspired by the caring leadership and commitment the stories reveal.

We know you have many choices in the work and organizations you choose to support through your charitable giving. You can be confi dent that we make the most of every single dollar that is contributed; our top ratings from charity evaluators like Charity Navigator, CharityWatch, GuideStar, and the Better Business Bureau refl ect that continued commitment.

Our work continues, and you are a vital partner. We must do everything we can to put people first and empower people to live their best life stories.

On behalf of President Clinton, Chelsea Clinton, our Board of Directors, and everyone at the Clinton Foundation, we thank you for your trust and continued generosity and support. We’re honored that you choose to support our efforts to build a better future for children, families, and communities around the world.

Kevin ThurmChief Executive Offi cerClinton Foundation

Page 2: The work you make possible - Clinton Foundation...The work you make possible PRESIDENT CLINTON’S FIRST CAMPAIGN FOR NATIONAL OFFICE HAD A SIMPLE AND unifying theme: Putting People

2017 FINANCIALSConsolidated Statement of Activities Year Ended December 31, 2017 | GAAP Basis | Excerpted from audited financials

REVENUE AND SUPPORT Contributions $22,843,211

Grants 3,695,764

Net investment return 22,823,181

Other Revenue 7,461,309

Total Revenue and Support 56,823,465

OPERATING EXPENSES % OF OPERATING EXPENSES

Program Services

Economic Opportunity 20,803,619 (36.9%)

Civic Engagement 15,417,175 (27.3%)

Public Health 6,312,188 (11.2%)

Management and General 11,047,385 (19.6%)

Fundraising 2,798,446 (5.0%)

Total Operating Expenses 56,378,813

Provision for Uncollectible Pledges 3,708,969

Total Expenses $60,087,782

Change in Net Assets (3,264,317)

Net Assets, Beginning of Year 326,735,196

Net Assets, End of Year $323,470,879

2017 OPERATING EXPENSES Programs 75.4%

Management and General 19.6%

Fundraising 5.0%

ASSETS

Cash and Cash Equivalents

Unrestricted $6,579,989

Restricted 3,611,176

Fixed Assets and Other

Property and Equipment, Net 92,504,590

Investments

Endowment 171,877,383

Programmatic and Other Investments 13,573,966

Total Investments 185,451,349

Inventory and Prepaid Expenses 1,514,682

Multiyear Pledges and Grants Receivable 38,115,867

Accounts Receivable 1,268,870

Loan Receivable 659,510

Total Assets $329,706,033

LIABILITIES AND NET ASSETS

Liabilities

Accounts Payable and Accrued Expenses 4,796,152

Deferred Revenue 1,439,002

Total Liabilities 6,235,154

Net Assets 323,470,879

Total Liabilities and Net Assets $329,706,033

Consolidated Statement of Financial Position As of December 31, 2017 | GAAP Basis | Excerpted from audited financials

In March 2017, the Clinton Health Access Initiative (CHAI) became a fully independent entity and as required by GAAP accounting was reported as a discontinued operation in the Clinton Foundation’s audited financial statements for 2017. The financial summaries above exclude CHAI’s financial information in order to present the statements of activities and financial position on an ongoing basis. Please refer to the 2017 Clinton Foundation audited financials for details of the CHAI transition. CHAI’s work and impact continue as an independent entity.