Status

Current Asset Allocation

This chart shows our Foundation’s current asset allocation and SMSIs within each asset class. SMSIs are shown relative to the asset class itself, and as a percentage of the overall portfolio. Of our Foundation’s total assets, 23% are currently invested in SMSIs with the remaining 77% invested in Other Investments.

Current Asset Allocation as of January 29, 2008

As indicated by this chart we currently have diversification of SMSIs across different asset classes including Private Equity, Low Correlated Equity in the Highly Managed Low Beta asset class, International Equity, US Large Cap Equity, Hedged Equity in the Highly Managed Beta asset class, Real Estate and Commodities.

However, the majority of our SMSIs (in terms of dollars) fall into two asset classes: Private Equity and US Large Cap Equity. Therefore we are focusing on adding SMSI opportunities in the Hedged Equity and Low Correlated Equity space.

Current Category Allocation

This chart shows our Foundation’s current category allocation (including Other Investments) as a percentage of our overall portfolio. Individual SMSIs in each category are indicated.

Current Category Allocation as of January 29, 2008

Approximately 14% of our overall portfolio is currently invested in three Sustainability Investments: Neuberger Berman, Zouk Ventures, and Generation.

We are at the beginning of our implementation of Mission Related Investments. To date we have made the following three Mission Related Investments: Micro-Vest Equity Fund, Sail Safe Water LP (Water Health International), and Beartooth Capital.

We started our Program Related Investments in 2005 with an average annual allocation of 1%. So far we have made two Program Related Investments: MicroVest Debt Fund and Pico Bonito LLC. It is our intent to continue with a 1% PRI investment on an annual basis.

Almost 6% of our overall portfolio is currently invested in the following three Social Component Investments: The Children’s Investment Fund, Legacy Ventures III and IV.

Please note that all of the values above represent actual capital invested, not commitments of capital which may be drawn down over multiple years.