Bill & Melinda Gates Foundation Financial Statement Gates Learning Foundation Financial Statement Bill & Melinda Gates Statement of Activities Gates Learning Foundation Statement of Activities

Bill & Melinda Gates Foundation Statement of Activities For the Twelve Month Period Ending December 31, 1999 (in Millions) Net Investment Income $ 276.4 Contributions 14,038.0 Total Income & Contributions 14,314.4 Grants Awarded 2,026.6 Program & Administrative Expenses 2.6 Federal Excise Taxes 147.3 Total Expenses 2,176.5 Increase in Unrestricted Net Assets $ 12,137.9