Financial Report

The Population Council delivers solutions that lead to more effective programs, policies, and technologies that improve lives. We closely monitor our financial status and remain committed to the fiscal discipline necessary to maintain the Council’s record of accomplishments.

Activity
Without Donor Restrictions
With Donor Restrictions
Total 2019
Operating revenue
Grants and contributions Without Donor Restrictions: $53,038,606 With Donor Restrictions: 1,114,432 Total 2019: 54,153,038
Royalties Without Donor Restrictions: 23,224,814 With Donor Restrictions: Total 2019: 23,224,814
Investment return, net Without Donor Restrictions: 16,530,534 With Donor Restrictions: 2,810,823 Total 2019: 19,341,357
Other Without Donor Restrictions: 152,518 With Donor Restrictions: Total 2019: 152,518
Net assets released from restrictions Without Donor Restrictions: 1,206,470 With Donor Restrictions: (1,206,470) Total 2019:
Total operating revenue Without Donor Restrictions: 94,152,942 With Donor Restrictions: 2,718,785 Total 2019: 96,871,727
Operating expenses
Program services:
Social and behavioral sciences Without Donor Restrictions: 46,100,666 With Donor Restrictions: Total 2019: 46,100,666
Biomedical research Without Donor Restrictions: 11,600,683 With Donor Restrictions: Total 2019: 11,600,683
Total program services Without Donor Restrictions: 57,701,349 With Donor Restrictions: Total 2019: 57,701,349
Supporting services:
Management and general Without Donor Restrictions: 12,419,800 With Donor Restrictions: Total 2019: 12,419,800
Fund-raising Without Donor Restrictions: 661,742 With Donor Restrictions: Total 2019: 661,742
Total supporting services Without Donor Restrictions: 13,081,542 With Donor Restrictions: Total 2019: 13,081,542
Total operating expenses Without Donor Restrictions: 70,782,891 With Donor Restrictions: Total 2019: 70,782,891
Excess of operating revenue over operating expenses Without Donor Restrictions: 23,370,051 With Donor Restrictions: 2,718,785 Total 2019: 26,088,836
Other changes in net assets:
Postretirement benefit changes other than net periodic benefit cost Without Donor Restrictions: (462,988) With Donor Restrictions: Total 2019: (462,988)
Net periodic benefit costs other than service cost Without Donor Restrictions: (314,317) With Donor Restrictions: Total 2019: (314,317)
Transfer from endowments Without Donor Restrictions: 1,350,052 With Donor Restrictions: (1,350,052) Total 2019:
Increase in net assets Without Donor Restrictions: 23,942,798 With Donor Restrictions: 1,368,733 Total 2019: 25,311,531
Net assets at beginning of year Without Donor Restrictions: 89,746,422 With Donor Restrictions: 16,884,256 Total 2019: 106,630,678
Net assets at end of year Without Donor Restrictions: 113,689,220 With Donor Restrictions: 18,252,989 Total 2019: 131,942,209
Assets
2019
Cash and cash equivalents $8,230,102
Grants and contributions receivable, net
U.S. government agencies 3,524,707
Other 5,796,079
Other receivables 1,270,171
Prepaid expenses and other assets 1,074,995
Investments 140,306,710
Fixed assets, net 9,657,118
Total assets 169,859,882
Liabilities and Net Assets
Liabilities:
Accounts payable, accrued expenses, and other liabilities $3,556,613
Awards, contracts, and fellowships payable 2,110,063
Program advances 16,984,531
Deferred revenue 186,484
Loans payable 2,792,372
Deferred rent credit, net 5,072,120
Accrued lease obligation 25,907
Postretirement medical benefits payable 7,189,583
Total liabilities 37,917,673
Net assets:
Net assets without donor restrictions:
General undesignated 1,087,081
The John D. Rockefeller 3rd Memorial Funds 112,602,139
Total net assets without donor restrictions 113,689,220
Net assets with donor restrictions:
Purpose or time restricted 12,767,213
Restricted by donors in perpetuity 5,485,776
Total net assets with donor restrictions 18,252,989
Total net assets 131,942,209
Total liabilities and net assets $169,859,882