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MacArthur Foundation - 2022 Audited Financials PDF
webCredibility Rating
4/5
High(4)High quality. Established institution or organization with editorial oversight and accountability.
Rating inherited from publication venue: MacArthur Foundation
This financial document is relevant only tangentially to AI safety — MacArthur Foundation funds some technology governance and global security work, but this PDF itself is a routine nonprofit audit, not a research or policy resource.
Metadata
Importance: 8/100organizational reportreference
Summary
This document contains the official audited financial statements for the John D. and Catherine T. MacArthur Foundation for the fiscal year 2022. It provides a transparent accounting of the foundation's assets, liabilities, revenues, and expenditures, including grants made across its program areas. MacArthur Foundation funds various initiatives relevant to technology governance and existential risk mitigation.
Key Points
- •Provides audited financial data for MacArthur Foundation's 2022 fiscal year, including total assets and investment portfolio performance.
- •Details grant expenditures across MacArthur's program areas, which include technology policy, climate, and global security initiatives.
- •Demonstrates the foundation's overall financial health and grantmaking capacity relevant to assessing funding flows in AI governance and safety spaces.
- •Audited by an independent accounting firm, ensuring credibility and compliance with nonprofit financial reporting standards.
- •Useful for researchers tracking philanthropic funding of AI safety, policy, and existential risk organizations.
Cited by 1 page
| Page | Type | Quality |
|---|---|---|
| MacArthur Foundation | Organization | 65.0 |
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JOHN D. AND CATHERINE T.
MACARTHUR FOUNDATION
Consolidated Financial Statements
December 31, 2022 and 2021
(With Independent Auditors’ Report Thereon)
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JOHN D. AND CATHERINE T.
MACARTHUR FOUNDATION
Table of Contents
Page(s)
Independent Auditors’ Report 1–2
Consolidated Financial Statements:
Consolidated Statements of Financial Position 3
Consolidated Statements of Activities 4
Consolidated Statements of Cash flows 5
Notes to Consolidated Financial Statements 6–22
Supplementary Information:
Consolidating Statements of Financial Position 23
Consolidating Statements of Activities 24
Consolidating Statements of Cash flows 25
-- 2 of 28 --
KPMG LLP
Aon Center
Suite 5500
200 E. Randolph Street
Chicago, IL 60601-6436
KPMG LLP, a Delaware limited liability partnership and a member firm of
the KPMG global organization of independent member firms affiliated with
KPMG International Limited, a private English company limited by guarantee.
Independent Auditors’ Report
The Board of Directors
John D. and Catherine T. MacArthur Foundation:
Opinion
We have audited the consolidated financial statements of John D. and Catherine T. MacArthur Foundation (the
Foundation), which comprise the consolidated statements of financial position as of December 31, 2022 and
2021, and the related consolidated statements of activities and cash flows for the years then ended, and the
related notes to the consolidated financial statements.
In our opinion, the accompanying consolidated financial statements present fairly, in all material respects, the
financial position of the Foundation as of December 31, 2022 and 2021, and the results of its operations and its
cash flows for the years then ended in accordance with U.S. generally accepted accounting principles.
Basis for Opinion
We conducted our audits in accordance with auditing standards generally accepted in the United States of
America (GAAS). Our responsibilities under those standards are further described in the Auditors’
Responsibilities for the Audit of the Consolidated Financial Statements section of our report. We are required to
be independent of the Foundation and to meet our other ethical responsibilities, in accordance with the relevant
ethical requirements relating to our audits. We believe that the audit evidence we have obtained is sufficient
and appropriate to provide a basis for our audit opinion.
Responsibilities of Management for the Consolidated Financial Statements
Management is responsible for the preparation and fair presentation of the consolidated financial statements in
accordance with U.S. generally accepted accounting principles, and for the design, implementation, and
maintenance of internal control relevant to the preparation and fair presentation of consolidated financial
statements that are free from material misstatement, whether due to fraud or error.
In preparing the consolidated financial statements, management is required to evaluate whether there are
conditions or events, cons
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