As of 31 December 2018, our net assets were approximately $172 million, which is net of approximately $396 million already committed to grantees. At year-end, Atlantic’s endowment consisted of cash, short-term investments and government securities.*
Combined Financial Statements
Files are in PDF format.
* For accounting purposes, certain operating entities under United States generally accepted accounting principles (GAAP) must be recorded at cost. Atlantic, for investment purposes, re-values these entities at market value through an on-going monitoring process of its endowment assets.