AARP Foundation Consolidated Statement of Activities
For the years ended December 31, 2009 and 2008 (in thousands)
2009
2008
oPERATiNG REVENUE
Grant revenue
Contributions
In-kind contributions
Investment income designated for operations
Other
Total operating revenue
$103,106
14,794
25,857
747
440
144,944
$88,665
36,545
25,122
709
399
151,440
EXPENSES
Program services:
WorkSearch
Tax-Aide
Legal advocacy
Other programs
Total program services
Supporting services:
Fundraising
Management and general
Total supporting services
Total expenses
Change in net assets from operations
109,517
11,408
4,653
13,080
138,658
98,717
11,641
5,491
13,878
129,727
11,734
6,228
17,962
156,620
( 11,676)
15,862
6,465
22,327
152,054
(614)
Other changes in net assets:
Investment income (loss) in excess of amounts
designated for operations
Change in value of charitable gift annuities
CHANGE IN NET ASSETS
NET ASSETS, BEGINNING OF YEAR
NET ASSETS, END OF YEAR
11,580
(535)
(631)
55,478
$54,847
( 20,151)
(291)
( 21,056)
76,534
