WilliamJ.

ClintonFoundation
BoardPacket
Financials
December11,2012

TableofContents

1.
2.
3.
4.

ProjectedCashPosition12/31/12
FoundationStatementofActivity&2013Budget
FoundationSummaryNotes
2012ProjectedStatementofActivity
1.
GeneralFoundationDepartments
2.
ProgramSupportDepartments
3.
InitiativesNonClimate
CGSGI
CGI
HealthMatters
CDI
EconomicOpportunityInitiative
HaitiPrograms
4.
InitiativesClimate
5.
PresidentialCenter

5.

2013Budget
1.
GeneralFoundationDepartments
2.
ProgramSupportDepartments
3.
InitiativesNonClimate
CGSGI
CGI
HealthMatters
CDI
EconomicOpportunityInitiative
HaitiPrograms
4.
InitiativesClimate
5.
PresidentialCenter

WilliamJ.ClintonFoundation
ProjectedCashPosition
ForYearEndingDecember31,2012
(000)Omitted

12/31/2011

12/31/2012

Projected
Increase/(Decrease)
2012over2011
$
%

Cash
Unrestricted
QuasiEndowment
CGI
HaitiRelief
CGSGI(HeldinTrust)
TotalCash

$11,632
$12,632
20,000 20,000
3,129 10,500
2,621 2,327
13,589 12,769
$50,971
$58,228

$1,000

7,371
(294)
(820)
$7,257

9%
0%
236%
11%
6%
14%

Receivables
CHAI
SheikhMohammed
C40Foundation
100WomeninHedgeFunds
CGSGI
TotalReceivables

$4,700
4,000
4,200
1,000
1,100
$15,000

($900)
2,000
(200)
(1,000)
400
$300

19%
50%
5%
100%
36%
2%

FinanicalsCash

$3,800
6,000
4,000

1,500
$15,300

Page1.

WilliamJ.ClintonFoundation
SummaryStatementOfActivitiesandBudget
ForYearEndingDecember31,2013
(000)Omitted

2011
Actual

2012
Projected

2013
Budget

Revenue
Contributions
Sponsorships
Memberships
OperatingIncome&Speeches

$49,370
17,199
8,832
3,933

$36,879
16,038
10,906
5,588

$43,293
24,520
12,480
6,776

TotalRevenue

Note
1
2
2

3
4
5

8
9
10
11

12

13
14
15

16
17
18

Projected
Increase/(Decrease)
2013over2012
$
%
$6,414
8,482
1,574
1,188

17%
53%
14%
21%

79,334 69,411 87,069

17,658

25%

Expenses
GeneralOperations
Finance/Admin/Legal
HumanResources
NewYorkAdmin.
NewYorkIT
Marketing
Development
Correspondence
TripRelated/Scheduling

3,254
492
2,400
1,120
1,354
8,780
296
2,737

3,388
932
2,111
833
2,351
3,310
355
2,816

3,214
1,160
1,446
1,148
2,402
4,918
354
1,999

(174)
228
(665)
315
51
1,608
(0)
(817)

5%
24%
31%
38%
2%
49%
0%
29%

ProgramSupport
CVC
InternProgram
Legacy
ForeignPolicy

86
35
234

186
261
334
273

416
313
505
465

230
52
171
192

124%
20%
51%
70%

Grants
AHGGrant
CHAISupport
RwandaScholars(Hendrix)

2,370
4,000
3,605

2,180
4,000

2,000
2,500
250

(180)
(1,500)
250

8%
38%
0%

Initiatives/Programs
CGSGI
CGI
HealthMatters
CDI
EconomicOpporunityInit.
Haiti
USClimate
CCI
AsiaClimate
PresidentialCenter
TotalExpenses

5,909
19,078

1,584
494
3,343
1,301
10,365
181
8,394
81,410

5,281
17,229
139
2,046
354
662
1,428
8,828
399
8,213
67,910

6,703
27,000
1,768
3,848
227
555
2,011
10,913
643
8,089
84,847

1,422
9,771
1,629
1,802
(127)
(107)
583
2,085
244
(124)
16,937

27%
57%
1172%
88%
36%
16%
41%
24%
61%
2%
25%

$1,501

$2,222

NetSurplus/(Deficit)

FinanicalsSummary

($2,076)

$721

Page1.

WilliamJ.ClintonFoundation
SummaryStatementOfActivitiesandBudget
Notes
1

In2011,theDecadeofDifferenceeventaddedroughly$11minrevenuesand$6min
expensesofwhichdidnotrecurin2012.

DuetotheinternationalexpansionofCGI,itsexpectedrevenuesfor2013haveincreased.

HRborethesubscriptioncostforitsnewinformationsystem,Workday,in2012($80k).The
remainingchangeismostlyfullyearcostsforpersonnelhiredin2012,aswellastheadditionof
aconsultantforinternationalcomplianceissues.

Thedeclinein2013costsisaproductofpersonnelmovement,bothinterdepartmentaland
locationbased(from77WaterStreettotheWJCoffice).

Theproposed2013NewYorkITbudgetincreaserepresentsthecostofrequestednetwork
andinfrastructureupgrades,stillunderreview.

Developmentincreasedheadcountin2012.Increasein2013budgetisaresultoffullyearcosts
associatedwiththeadditionalpersonnel,aswellasanexpansioninthenumberofeventstobeheld.
ThisincreaseispartiallyoffsetbytheabsenceofthenonrecurringDecadeofDifferenceWeekend(Note1.)

Schedulingsheadcountdeclinedfromeight(8)personstotwo(2)in2012,leadingto2013s
budgetdecline.AnAfricatripisnotexpectedfor2013.TheForeignPolicydepartmentstravel
expenseshavebeenconvertedtotheirownlineitemin2013.

Reflectiveofanexpansioninbothstaffandtrips.

TheInterndepartmentplansonhostinganInternReunion,thepriceofwhichisreflectedin
the2013budget.

10

ReflectiveofthereallocationofstaffaswellasrentcostsfortheD.C.office.Alsoincludes
thecostoftwo(2)symposiums.

11

Seenote7.

12

DecreaseassumeswinddowninEthiopiansupportandnoreceiptofSheikhfundsbyendofyear.

13

HealthMatterswillbeexpandingin2013.

14

CDIisexpandingitsanchorfarmprogramin2013.

15

Reflectiveofadeclineinheadcount.

16

USClimatehasrequestedadditionalresourcestosupporttheHealReplicationPrograms
supportofreplicationpartners.Inaddition,theUSAFLCIOprogramhasrequestedadditional
personnelforthescaleupofenergyinvestmentvehicles.

17

ReflectiveofthenewAustralianDCEEsupportedforestryprograminKenya,aswellasthe
NORADsupportedIslandDieselreductionprogramexpansion.Increasesarepartiallyoffsetby
theC40programmovingcompletelyundertheC40Foundationsauspices.

18

TheAsiaClimategroupisworkingonbuildingaretrofitprograminIndonesiawithfundingfrom
JamesRiady.

FinanicalsSummary

Page2.

WilliamJ.ClintonFoundation
BoardPacket
Financials
December11,2012

StatementofActivity
Foryearending12/31/2012
1.
2.
3.

4.
5.

GeneralFoundationDepartments
ProgramSupportDepartments
InitiativesNonClimate
CGSGI
CGI
HealthMatters
CDI
EconomicOpportunityInitiative
HaitiPrograms
InitiativesClimatePrograms
PresidentialCenter

GeneralFoundation
ProjectedStatementOfActivities
ForYearEndingDecember31,2012
(000)Omitted
Finance
Admin
Legal

HR

NY
Admin

NY
IT

Revenues
Contributions
Speeches
Sponsorships
OperatingIncome*
TotalRevenues

$0
671

725
1,396

$0


246
246

$0


73
73

$0

$0
$21,076

1,450

22,526

Expenses
Personnel
Salary
Benefits
PersonnelOther
ConsultantFees
TotalPersonnel

1,285
323
233
88
1,929

550
112
109
51
822

355
54
43
137
589

543
95
51

688

711 867
116 96
66 76
515 1,106
1,408 2,145

261
66
26

353

624
48
42
21
735

OperatingExpenses
Insurance
LegalandAccountingFees
BankChargesandMerchantFees
ComputerSoftwareandHardware
OfficeandSupplies
Technology
Dues,Taxes,Subs&Publications
Maintenance
Postage&Shipping
Printing
Utilities
Rent/LeaseExpense
Telecom
TotalOperatingExpenses

330
393
50
282
38
5
11

19
1

14
43
1,187

81

87

81

19
102
44
8
134
809
160
1,357

91
10
16
1

1
118

14
2

30

4
88

0
139

111
29
22

12
1
67
42

1
1
286

8




6
14

97
16

48

13
13

0
11

7
55

26

9

27

39
157

92
260 65
422 422
8 1
2

2
184
7
698 766

TotalTravel

115

13

109

106

113

2,030

TotalExpenses

3,388

932

2,111

833

2,351

3,310

355

2,816

ProgramExpenses
Catering
Marketing
DirectProgram/Events
MediaProduction
EmailandWeb
TrainingandDevelopment
FundraisingExpense
Other
TotalProgramExpenses

NETSURPLUS/(DEFICIT)
($1,992)
($687)
($2,038)
($833)
*OperatingIncomein2012includesoverheadchargesbilledouttoC40,CGSGI,andCGI
FinanicalsProjected2012

NY
Marketing

($2,351)

Dev

$19,216

Correspond

Trips

$0

($355)

$0

2
38

($2,816)

Page1.

ProgramSupport
ProjectedStatementOfActivities
ForYearEndingDecember31,2012
(000)Omitted

CVC

Intern

Foreign
Policy

Legacy

Revenues
Contributions
TotalRevenues

$10
10

Expenses
Personnel
Salary
Benefits
PersonnelOther
ConsultantFees
TotalPersonnel

114
16
10

140

154
22
13
2
190

210
37
17
60
323

198
38
17

253

OperatingExpenses
Furnishings&Fixtures
OfficeSupplies
DuesSubs&Publications
Shipping
Telecom
TotalOperatingExpenses

17

2
20

ProgramExpenses
ProgramEventExpense
Catering
ComputerHardware
OtherDirectProgram
TotalProgramExpenses

2
15

62
78

TotalTravel

25

10

18

TotalExpenses

186

272

334

273

NETSURPLUS/(DEFICIT)

FinanicalsProjected2012

$0

($186)

($261)

$0

($334)

$0

($273)

Page2.

CGSGI,CGI,HealthMatters,CDI,EOI,Haiti
ProjectedStatementOfActivities
ForYearEndingDecember31,2012
(000)Omitted

CGSGI

CGI

Health
Matters

CDI

Economic
Opportunity
Initiative

Haiti

Revenues
Contributions
Sponsorships
Memberships
OperatingIncome
Programs
Investments
TotalOperatingIncome
TotalRevenues

$5,281

$82
14,496
10,906

$50

$484

$4

$889

5,281

25,484

50

571
1
572
1,056

889

Expenses
Personnel
Salary&Taxes
Benefits
PersonnelOther
ConsultantFees
TotalPersonnel

926
108
229
97
1,360

5,399
874
399
2,578
9,251

58
12
5
62
137

631
96
83
1
812

281
44
22

347

172
32
15
73
292

OperatingExpenses
CreditCardFees
GeneralAdministration
Insurance
Marketing
Occupancy
OfficeConsumables
Bank&Miscellaeneous
Technology
Telecom/Email
Travel
Legal&AcctingFees
TotalOperatingExpenses

9
7
38
81
25
13
7
34

33
248

58
1
1
667
77
465
57
53
139
1
10
1,530

18
27
41
1
23

118

158

14
2

11

185

ProgramExpenses
Grants
Commodities
EventProduction
OtherProgram
PartnerPayments
TotalProgramExpenses

993
204
15
2,157

3,368

5,670
362

6,032

1,000
18
1,017

8
19
73

100

TotalTravel

306

415

100

85

TotalExpenses

5,281

17,228

139

2,046

354

662

$0

$8,256

NETSURPLUS/(DEFICIT)

FinanicalsProjected2012

($89)

($990)

($351)

$227

Page3.

ClimatePrograms
ProjectedStatementOfActivities
ForYearEndingDecember31,2012
(000)Omitted
USClimate
US
AFLCIO

Heal2.0

Heal
Replication

Asia
Climate

Forestry

CCI
Clean
Energy

C40

Total

Revenues
Contributions
OperatingIncome
TotalRevenues

$0
$0
$0

$288
$81
$369

$292
$10
$302

$50
$0
$50

$1,995
$0
$1,995

$2,570
$0
$2,570

$3,772
$0
$3,772

$8,967
$91
$9,058

$226
$0
$0
$6
$0
$232

$724
$9
$150
$11
$0
$894

$225
$2
$56
$19
$0
$302

$351
$14
$0
$34
$0
$399

$625
$41
$1,131
$198
$0
$1,995

$1,710
$45
$889
$418
$0
$3,062

$2,863
$146
$469
$294
$0
$3,772

$6,723
$257
$2,696
$979
$0
$10,655

($232)

($525)

$0

$0

($492)

$0

($1,597)

Expenses
Personnel
Office
Program
Travel
Other
TotalExpenses

NETSURPLUS/(DEFICIT)

FinanicalsProjected2012

($349)

Page4.

PresidentialCenter
ProjectedStatementOfActivities
ForYearEndingDecember31,2012
(000)Omitted

Admin

Marketing
&Dev.

Visitor
Services

Exhibits&
Education EventProg. Facilities

FortyTwo

Revenues
Contributions
Sponsorships
OperatingIncome
Admissions
Events
CafeandStoreSales
Reimbursements
TotalOperatingIncome
TotalRevenues

$0
2

$36
46

$0

$0

$0
44

175

175
176

21

21
103

12

12
56

Expenses
Personnel
Salary&Taxes
Benefits
PersonnelOther
ConsultantFees
TotalPersonnel

366
102
31
17
516

124
23
12
105
264

149
45
12

207

60
17
5

81

OperatingExpenses
Caf/StoreCostofSales
Construction
CreditCardFees
Insurance
Marketing
Occupancy
OfficeConsumables
Bank&Miscellaeneous
Technology
Telecom/Email
TotalOperatingExpenses

107
24
36
83

3
56
309

126

11

1
138

48

1
49

ProgramExpenses
Grants
EventProduction
LibraryExhibits
OtherDirectProgram
TotalProgramExpenses

7
157

8
172

TotalTravel

14

TotalExpenses

1,011

NETSURPLUS/(DEFICIT)

FinanicalsProjected2012

($835)

$0

$36
92

309

1,740
252
252 2,049
252 2,049

700

700
700

175
342
2,440
252
3,209
3,337

348
91
28
6
473

962
265
92
4
1,323

248
93
22

363

2,257
636
202
132
3,227

25

25

145

35

181

368

1,318
179

4
13
1,881

729

48
75
81
29

962

371

13

42
1
59
37
4
1
529

1,100
368
13
107
411
1,430
497
66
10
72
4,074

4
4

382
182
34
598

43
11
55

14

3
17

1
1

21
539
225
62
847

30

10

64

403

263

106

809

2,412

2,307

902

8,212

($263)

($106)

($752)

($2,160)

$0

Total

($300)

$0

Museum
Store

($258)

($202)

($4,875)

Page5.

WilliamJ.ClintonFoundation
BoardPacket
Financials
December11,2012

2013Budget

1.
2.
3.

4.
5.

GeneralFoundationDepartments
ProgramSupportDepartments
InitiativesNonCimate
CGSGI
CGI
HealthMatters
CDI
EconomicOpportunityInitiative
HaitiPrograms
InitiativesClimate
PresidentialCenter

GeneralFoundation
Budget
ForYearEndingDecember31,2013
(000)Omitted
Finance
Admin
Legal

HR

NY
Admin

NY
IT

Revenues
Contributions
Speeches
OperatingIncome
TotalRevenues

$0
750
35
785

$0

$0

$0

$0
$24,000

24,000

Expenses
Personnel
Salary
Benefits
PersonnelOther
ConsultantFees
TotalPersonnel

1,410
259
203
70
1,942

630
118
87
100
935

196
24
16
9
245

514
91
38
11
654

849 1,066
149 138
60 460
170 710
1,228 2,373

261
38
23

322

158
28
12

199

387
290
60
172
12
42
6
22
20

30

107
2
11
5

95
4

83
51
3
77
794

326
36
11
4

60

34

33

65

139
26
20
20
11

150
60

1,018

155

1,106

436

132

426

11
16

ProgramExpenses
Catering
Marketing
DirectProgram/Events
MediaProduction
EmailandWeb
TrainingandDevelopment
FundraisingExpense
Other
TotalProgramExpenses

110
20

20
150

0
28

30

55

35

90

24
27

51

367
600

967

50
25
650
60
48
5
425
1
1,264

TotalTravel

103

40

75

855

16

1,800

TotalExpenses

3,214

1,160

1,446

1,148

2,402

4,918

354

1,999

OperatingExpenses
Insurance
LegalandAccountingFees
BankChargesandMerchantFees
ComputerSoftwareandHardware
OfficeandSupplies
Technology
Dues,Taxes,Subs&Publications
Maintenance
Postage&Shipping
Printing
Utilities
Rent/LeaseExpense
Telecom
TotalOperatingExpenses

NETSURPLUS/(DEFICIT)

FinanicalsBudget2013

($2,429)

($1,160)

($1,446)

($1,148)

NY
Marketing

($2,402)

Dev

$19,082

Correspond

Trips

$0

($354)

$0

($1,999)

Page1.

ProgramSupport
Budget
ForYearEndingDecember31,2013
(000)Omitted

CVC

NYIntern

Legacy

Foreign
Policy

Expenses
Personnel
Salary
Benefits
PersonnelOther
ConsultantFees
TotalPersonnel

$268
34
22

323

$157
22
12
2
194

$298
46
19
60
423

$323
60
26

409

OperatingExpenses
OfficeEquipmentExpense
OfficeSupplies
DuesSubs&Publications
Shipping
Telecom
Rent/LeaseExpense
Printing
TotalOperatingExpenses

4
1

5
7

16

1
4

10

ProgramExpenses
ProgramEventExpense
Catering
MediaExpense
ComputerHardware
OtherDirectProgram
TotalProgram

35
5

67
107

50

54

1
1

TotalTravel

85

10

12

45

TotalExpenses

416

313

505

465

NETSURPLUS/(DEFICIT)

FinanicalsBudget2013

($416)

($313)

($505)

($465)

Page2.

CGSGI,CGI,HealthMatters,CDI,EOI,Haiti
Budget
ForYearEndingDecember31,2013
(000)Omitted

CGSGI

CGI

Health
Matters

CDI

Economic
Opportunity
Initiative

Haiti

Revenues
Contributions
Sponsorships
Memberships
OperatingIncome
Programs
Investments
Misc.
TotalOperatingIncome
TotalRevenues

$6,703

$0
24,520
12,480

$850

$583

6,703

37,000

850

2,328

2,328
2,911

Expenses
Personnel
Salary&Taxes
Benefits
PersonnelOther
ConsultantFees
TotalPersonnel

1,294
4
39
231
1,568

8,000

8,000

681
43
92
322
1,138

848
105
130
6
1,089

109
14
9

132

187
27
35
86
335

OperatingExpenses
Insurance
Marketing
Occupancy
OfficeConsumables
Bank&Miscellaeneous
Technology
Telecom/Email
Travel
Legal&AcctingFees
TotalOperatingExpenses

230

230

1,000

1,000

2,000

32

14
142

188

30
67
5

23

131

35

35

10

30

40

ProgramExpenses
Grants
Commodities
EventProduction
OtherProgram
PartnerPayments
TotalProgramExpenses

425

4,200

4,625

17,000

17,000

442

442

402

1,998
48
2,448

40

40

100

100

TotalTravel

280

180

20

80

TotalExpenses

6,703

27,000

1,768

3,848

227

555

$0

$10,000

NETSURPLUS/(DEFICIT)

FinanicalsBudget2013

($918)

($937)

$0

($227)

$0

($555)

Page3.

ClimatePrograms
Budget
ForYearEndingDecember31,2013
(000)Omitted

USClimate
US
AFLCIO

CCI

Heal2.0

Heal
Replication

Asia
Climate

Forestry

Clean
Energy

Total

$0

$0
313
313

$0
216
216

$580

580

$7,858

7,858

$2,471

2,471

$10,908
529
11,438

440

4
36

479

661
71
97
6
11
845

526
10
76
73
2
687

388
84
36
135

643

903
287
6,558
195

7,943

1,027 3,945
143 594
1,361 8,132
440 885

13
2,971 13,568

Revenues
Contributions
Operations
TotalRevenues

Expenses
Personnel
Office
Program
Travel
Other
TotalExpenses

NETSURPLUS/(DEFICIT)

FinanicalsBudget2013

($479)

($531)

($471)

($63)

($85)

($500)

($2,130)

Page4.

PresidentialCenter
Budget
ForYearEndingDecember31,2013
(000)Omitted

Admin

Marketing
&Dev.

Visitor
Services

Exhibits&
Education EventProg. Facilities

FortyTwo

Museum
Store

$0

$0

$250

Total

Revenues
Contributions
OperatingIncome
Admissions
Events
CafeandStoreSales
Reimbursements
TotalOperatingIncome
TotalRevenues

217

37
254
254 250

19

19
19

260

1,686
250
250 1,946
250 1,946

665

665
665

217
260
2,369
287
3,134
3,384

Expenses
Personnel
Salary
Benefits
PersonnelOther
ConsultantFees
TotalPersonnel

425
104
37

566

162
31
12
164
370

162
52
13

226

59
19
4

83

368
95
28

491

952
315
76

1,343

205
70
21
1
297

2,343
686
192
165
3,385

OperatingExpenses
Caf/StoreCostofSales
Construction
CreditCardFees
Insurance
Marketing
Occupancy
OfficeConsumables
Bank&Miscellaeneous
Technology
Telecom/Email
TotalOperatingExpenses

111

170

281

208

49

256

71

73

26

34

297
11
25

333

50

1,164
120

9
1,343

589

245

834

356

17

52

60
10
4
1
500

945
50
17
111
583
1,175
747
10
6
10
3,654

ProgramExpenses
Grants
EventProduction
LibraryExhibits
OtherDirectProgram
TotalProgramExpenses

7
25

28
59

33

33

26
26

328
212

540

251

251

12

12

1
1

7
398
462
54
920

TotalTravel

25

78

130

TotalExpenses

930

660

332

120

960

2,091

2,189

807

8,089

NETSURPLUS/(DEFICIT)

FinanicalsBudget2013

$0

($676)

$250

($410)

$0

($332)

$0

($120)

$0

($941)

$0

($1,841)

($243)

($142)

($4,705)

Page5.