2004 annual report home president's letter programs financials leadership

Grants Paid

Summary of grants paid by program area for the year ended December 31, 2004.
Amounts in thousands.

Program Area 2004 2003
Education $      720,919 $      531,232
Global Health 447,003 576,624
Pacific Northwest 38,188 44,473
Special Projects & Other 29,801 14,463
Global Libraries 25,199 18,432
Totals $  1,261,110 $  1,185,224

This chart represents grants paid out by the foundation. These numbers differ from grant expenses per our audited financial statements, which are shown on an accrual basis as required by generally accepted accounting principles (GAAP).