PROSPECTUS - The Pew Charitable Trusts

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2 An explosion of scientific discovery began to pervade daily life. Medical diagnosis and treatment improved, often bringing cures to illnesses that had once been veritable death sentences. Manufacturing became more efficient, and the greater production could satisfy the material needs of an expanding population. Yet the rapid pace of advancement brought corollary challenges. The Panic of 1907 shook confidence in the financial institutions that had become the bedrock of the economy. Ever larger and more densely populated cities compounded tragedy, whether caused by forces of nature, such as the San Francisco earthquake of 1906, or the by-product of urbanization that produced slum dwellings and child labor in factories. Pioneering the techniques that would later define the standards of American investigative reporting and photojournalism, Upton Sinclair and Lewis Hines gave voice to the voiceless of the American Century—the poor, immigrants, children—in ways that shocked the conscience and often led to reform. Equally profound, for the first time people began to confront the reality that there are limits to the bounty of our planet’s natural resources. Through it all, America endured. It endured, as it always does, by returning to a fundamental proposition built into our founding documents: Change can meet challenge when it is grounded in continuity, a principle that has proven durable even in tumultuous times. For our nation, J. Howard Pew described this principle in his belief that “Government can help by safeguarding the common man’s right to be himself—all of himself. It can protect against monopoly, tyranny, extortion and every infringement of human rights. When it shall have done this much, it will have served its highest purpose.” For The Pew Charitable Trusts, as we seek to both weather and capitalize upon the realities of our shifting economic and policy landscape, we must ask ourselves how we will serve our “highest purpose.” We will do so by adhering to our core values of integrity, openness to ideas and diversity of opinion; remaining steadfast in our dedication to results, accountability and transparency; and continually placing our highest standard and greatest faith in the power of knowledge. In short, we meet the challenges driven by change while we remain grounded in continuity. Throughout this Prospectus are specific examples of the type of projects we are engaged in to improve public policy, inform the public and stimulate civic life. To drive our mission, we look back into history and forward to the future. “America is searching for a better life, not an easier life,” observed Joseph Newton Pew Jr., another founder of the Trusts. Those words resonate as clearly now as they would have at the dawn of the American Century or on the floor of the Constitutional Convention at our new nation’s birth. No patriots ever took up arms against the British or endured the hardships of forging a nation because they thought it would be easy. No early-20th-century aviator saw conquering the skies as an exercise in simplicity. And no clear-thinking leader today would fail to recognize the significant challenges that lie ahead. At Pew, we are already implementing the types of changes that can best position us to meet these challenges. We have enhanced our in-house capabilities and streamlined many organizational functions. We are reaching out to new partners and forging new collaborations to maximize resources. We are planning thoughtfully, given the difficult financial circumstances, and focusing our priorities in the areas where we can have the greatest impact. We are improving efficiencies, learning from our successes, addressing our shortcomings and remaining nimble, prepared to meet and embrace uncertainty. In sum, through the demands and difficulties of change, we have strengthened our resolve to stay true to our guiding principles and unleash the power of knowledge to address the world’s most pressing issues. As we did yesterday and will do tomorrow, we remain sound stewards of Pew’s resources and commit them to best serving the public interest. Sincerely, Rebecca W. Rimel President and Chief Executive Officer
Pew Prospectus 2009 3 Table of Contents 1 Message from the President 4 IMPROVING PUBLIC POLICY 6 Economic Policy 8 Health and Human Services Policy 10 Pew Center on the States 12 Pew Environment Group 14 INFORMING THE PUBLIC 16 Information Initiatives 18 STIMULATING CIVIC LIFE 20 Culture 22 Pew Fund for Health and Human Services in Philadelphia 24 Civic Initiatives 26 PHILANTHROPIC SERVICES AND GOVERNMENT RELATIONS 30 PLANNING AND EVALUATION 34 2008 MILESTONES 43 FINANCIAL INFORMATION 2008 44 PEW LEADERSHIP
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