+ 138.1 + 42.2 C O N T R I B U T I O N S — 64.4 — 8.6 0.8 — 6.9 I N V E S T M E N T R E T U R N S G R A N T S A P P R O V E D G R A N T - M A K I N G E X P E N S E S O T H E R ( N E T ) A D M I N I S T R AT I V E E X P E N S E † In 2008,The Pittsburgh Foundation made a conscious effort to combat the financial struggles in our community with an increase in grants despite a dip in our assets. NET ASSET BRIDGE DO LLARS (IN MILLIONS) 2016NetAssets 2017 Net Assets* $1109.8 $1209.3 08† 09 10 11 12 13 14 15 16 17 ASSET GROWTH OVER 10 YEARS DO LLARS (IN MILLIONS) $1200 $1000 $800 $600 $400 $200 0 $1143$99 $1241 ThePittsburghFoundation SupportingOrganizations GRANTMAKING OVER 10 YEARS DO LLARS (IN MILLIONS) 08† 09 10 11 12 13 14 15 16 17 $44.5 ThePittsburghFoundation SupportingOrganizations $64.4 $70 $60 $50 $40 $30 $20 $10 0 * Assets net of grants payable, fiscal agent funds and other liabilities totaling $32.1 million. TotalGrants TotalAssets $19.9 51 RE PO RT TO TH E CO MMU N ITY THE PITTSBURGH FOUNDATION