2011 financial summary (audited)

Revenue (in thousands)
Foundations$157,961
US government 92,352
Other governments, nongovernmental organizations (NGOs), multilaterals 24,848
Individuals/other 6,093
Investments 1,384
Corporations 1,200
Total revenue $283,838
Expenses (in thousands)
Program services
PROGRAMS:
Emerging and epidemic diseases $37,703
Health technologies 14,609
Maternal and child health 11,771
Reproductive health 8,419
Vaccines and immunization 37,898
Cross-program initiatives 1,083
Subtotal programs 111,483
Program subawards 132,696
Subtotal program services $244,179
Support services
Management and general $36,785
Bid and proposal 1,964
Fundraising 1,430
Subtotal support services $40,179
Total expenses $284,358

Assets and liabilities

Assets (in thousands)
Contributions and awards receivable $399,183
Invested grant funds 298,871
Cash and cash equivalents 18,222
Other 28,671
Total assets $744,947
Net assets and liabilities (in thousands)
Net assets
Temporarily restricted $655,890
Unrestricted 17,629
Permanently restricted 3,370
Total net assets $676,889
Total liabilities $68,058
Total net assets and liabilities $744,947

Figures are presented in US dollars.

Notes: The above financial summary is an excerpt from PATH’s audited financial statements, which are audited by the firm Clark Nuber P.S. Full copies are available on our website at www.path.org.

PATH is an international, nonprofit, nongovernmental organization. Our mission is to improve the health of people around the world by advancing technologies, strengthening systems, and encouraging healthy behaviors. Contributions to PATH are tax-exempt under US IRS code 501(c)(3).