East-West Center Annual Report 2001

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[ 54 ]East-West Center Foundation Financial ReviewEast-West Center FoundationStatement of Financial PositionSeptember 30, 2001ASSETSCurrent AssetsCash and cash equivalents $ 818,764Marketable securities 218,459Due from East-West Center 202,729Total current assets 1,239,952Property and EquipmentOffice furniture and equipment 15,165Less accumulated depreciation 15,165—Other AssetsInvestments 478,841$ 1,718,793LIABILITIES AND NET ASSETSNet AssetsUnrestricted $ 368,840Temporarily restricted 871,112Permanently restricted 478,841$ 1,718,793East-West Center FoundationStatement of Cash FlowsYear Ended September 30, 2001Increase (Decrease) in Cash and Cash EquivalentsCash flows from operating activitiesChange in net assets $ (120,476)Adjustments to reconcile change in net assetsto net cash provided by operating activities:Gain on sale of investments (15,851)Change in net unrealized gainor loss on investments 232,224Increase in:Due from East-West Center (76,295)Total adjustments 140,078Net cash provided by operating activities 19,602Cash flows from investing activitiesProceeds from the sale/redemption of investments 115,446Purchase of investments (340,550)Net cash used in investing activities (225,104)Net Decrease in Cash and Cash Equivalents (205,502)Cash and cash equivalents at beginning of fiscal year 1,024,266Cash and cash equivalents at end of fiscal year $ 818,764East-West Center Foundation Statement of ActivitiesYear Ended September 30, 2001 Temporarily PermanentlyUnrestricted Restricted Restricted TotalSupport and RevenueGifts $ 101,188 $ 150,240 $ — $ 251,428Interest income 17,654 61,678 — 79,332Fundraising income 112,682 — — 112,682Net realized and unrealized losses (66,842) (149,531) — (216,373)Temporarily restricted net assets released from restrictionsSatisfaction of usage restrictions 152,127 (152,127) — —Total support and revenue 316,809 (89,740) — 227,069ExpensesProgram servicesGrants and allocations to East-West Center 141,188 — — 141,188Supporting servicesManagement and general 175,395 — — 175,395Fundraising 30,962 — — 30,962206,357 — — 206,357Total expenses 347,545 — — 347,545Change in Net Assets (30,736) (89,740) — (120,476)Net Assets at Beginning of Fiscal Year 399,576 960,852 478,841 1,839,269Net Assets at End of Fiscal Year $ 368,840 $ 871,112 $ 478,841 $ 1,718,793
[ 55 ]East-West CenterBoard ofGovernorsand OfficersBoard ChairThe HonorableGeorge R. AriyoshiOf CounselWatanabe, Ing andKawashimaHonolulu, Hawai‘iBoard Vice-ChairRichard L. CollinsPresidentCollins and CompanyArlington, VirginiaAppointed by theGovernor of Hawai‘iLyn F. AnzaiVice President,General Counseland Corporate SecretaryHawaiian AirlinesHonolulu, Hawai‘iJoan M. BicksonRegional Director ofHuman ResourcesBudget Rent-A-CarHonolulu, Hawai‘iLawrence M. JohnsonChairman of the Boardand Chief ExecutiveOfficer (Retired)Pacific CenturyFinancial CorporationHonolulu, Hawai‘iWayne T. MiyaoSenior Vice PresidentCorporate MarketingCity BankHonolulu, Hawai‘iAppointed by theSecretary of StateThe HonorableLily Lee ChenPresidentThe Dialogue FoundationGlendale, CaliforniaPatrick J. GriffinPresidentGriffin, Johnson, Dover& Stewart, Inc.Washington, D.C.William J. PerryStanford UniversityCenter for InternationalSecurity & CooperationStanford, CaliforniaLinda Chu TakayamaAttorney-at-LawHonolulu, Hawai‘iElected MembersRonnie C. ChanChairman,Hang Lung GroupHang LungDevelopment Co., Ltd.Hong KongMahn-Je KimFormer DeputyPrime Minister& Member of theNational AssemblySeoul, KoreaHis ExcellencyThe Right HonorableRatu Sir KamiseseK.T. MaraRepublic of the Fiji IslandsSuva, FijiEx-Officio MembersThe HonorableBenjamin CayetanoGovernorState of Hawai‘iHonolulu, Hawai‘iThe HonorablePatricia S. HarrisonAssistant Secretary ofState for Educational& Cultural AffairsU.S. Department of StateWashington, D.C.Evan S. DobellePresidentUniversity of Hawai‘iHonolulu, Hawai‘iChairman of the EWCADaniel BermanEducation ConsultantLaie, Hawai‘iOfficersPresidentCharles E. MorrisonTreasurer &Director ofAdministrationRicky KubotaAssistant Treasurer &ControllerClinton NonakaCorporate SecretaryCarleen GumapacSoshitsu Sen XVGrand MasterUrasenke Tradition of TeaKyoto, JapanRatan N. TataChairmanTata Industries LimitedMumbai, India
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2001HIGHLIGHTS[ Page 4 ]RESEARCH[ P
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[ 2 ]countries, and a sense of comm
Page 6 and 7: [ 4 ]2001HighlightsThe East-WestCen
Page 9: [ 7 ]East-West CenterLaunches New S
Page 12 and 13: [ 10 ]Research HighlightsTaiwan:Dem
Page 14 and 15: [ 12 ]Asian Youth at RiskAlarm has
Page 16 and 17: [ 14 ]Pacific IslandsDevelopment Pr
Page 18 and 19: [ 16 ]EducationPlanning for the Asi
Page 20 and 21: [ 18 ]The ASDP network now includes
Page 22 and 23: [ 20 ]East-West SeminarsFirst Asia
Page 24 and 25: [ 22 ]Participants in theNew Genera
Page 26 and 27: [ 24 ]OutreachInternationalEducatio
Page 28 and 29: [ 26 ]“Bamboo in Japanese Culture
Page 30 and 31: [ 28 ]PublicationsEast-West Center
Page 32 and 33: [ 30 ]No. 4No. 123No. 56No. 57No. 5
Page 34 and 35: [ 32 ]No. 30No. 31No. 32No. 33No. 3
Page 36 and 37: [ 34 ]Reports and ProceedingsKey Is
Page 38 and 39: [ 36 ]Supporting the CenterEWC Work
Page 40 and 41: [ 38 ]East-West CenterFoundationThe
Page 42 and 43: [ 40 ]AlumniThe EWCA On-LineCommuni
Page 44 and 45: [ 42 ]VisitingFellows andScholars
Page 46 and 47: [ 44 ]East-West Center Participant
Page 48 and 49: [ 46 ]2001East-West CenterAssociati
Page 50 and 51: [ 48 ]Mary C. ForestieriMr. & Mrs.
Page 52 and 53: [ 50 ]East-West Center Financial Re
Page 54 and 55: [ 52 ]Consolidated Statement of Cha
Page 58: [ 56 ]East-West CenterProgram Direc
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East-West Center Annual Report 2001

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