THE FOUNDATION

Gov. Rockefeller was committed to social justice because he knew that we couldn’t afford to leave anyone behind.

Building on Governor Winthrop Rockefeller’s legacy, WRF’s mission is to improve the lives of all Arkansans in three interrelated areas: education; economic development; and economic, racial, and social justice. It’s About Social Justice is just a sample of the action we are taking in Arkansas to advance social justice thanks to the leadership of WRF’s grantee partners. Visit our website to learn more about:

Education Justice

The Arkansas Campaign for Grade-Level Reading and ForwARd Arkansas bring Arkansans together to realize our vision that every Arkansas student is prepared to read at grade level by the end of third grade and graduates high school ready to succeed in college and the workplace. The Arkansas Public Policy Panel, Arkansas Advocates for Children and Families, and Rural Community Alliance are just a few of our grantee partners leading the charge to advance education justice in Arkansas.

Economic Justice

Expect More Arkansas shows how communities can demand change, form partnerships, and create innovative solutions to increase the number of Arkansans with the degrees and certificates they need to earn high-skilled jobs that pay family-supporting wages. Arkansas Community Colleges, the Northwest Arkansas Workers Justice Center, the state’s network of Volunteer Income Tax Assistance (VITA) providers, and the Arkansas Asset Funders Network are some of our grantee partners committed to promoting economic justice.

Social Justice

For more than a decade, WRF has used research, grantmaking, and other philanthropic tools to support immigrant integration in Arkansas. A Profile of Immigrants in Arkansas shows the positive impact immigrant families have on Arkansas communities and our state’s economy. We have also partnered with Philander Smith College (PSC) and Auburn Theological Seminary to re-imagine PSC’s Social Justice Institute as a hub for social justice innovation, planning, and action for the South.

Statements of Financial Position

December 31, 2016 and 2015

	2016	2015
Assets
Cash and cash equivalents	$0006,004,590	$0003,532,465
Accrued interest receivable and other assets	147,951	174,731
Contributions receivable	22,250	22,250
Investment securities	115,549,293	123,209,125
Program‐related investments, at cost	6,472,931	6,251,230
Mission‐related investments, at cost	955,000	425,000
Certificates of deposit	457,918	454,153
Property and equipment, net	121,625	152,440
Total Assets	$0129,731,558	$0134,221,394

Liabilities and Net Assets
Liabilities
Accounts Payable	$0000137,352	$0000133,740
Grants Payable	2,605,215	3,483,080
Other liabilities	187,922	172,181
Total Liabilities	2,930,489	3,789,001

Net Assets – Unrestricted	126,801,069	130,432,393

Total Liabilities and Net Assets	$0129,731,558	$0134,221,394

Statements of Activities

For the Years Ended December 31, 2016 and 2015

	2016	2015
UNRESTRICTED SUPPORT, REVENUES AND GAINS (LOSSES)
Grants and contributions	$000089,000	$0000179,000
Investment return	3,499,802	(3,168,502)
Total Support, Revenues and Gains (Losses)	3,588,802	(2,989,502)

EXPENSES
Program Services
Grants	3,575,680	4,222,495
Program administration	1,829,098	2,187,936
Total Program Service Expenses	5,404,778	6,410,431

Supporting Activities
Investment management expense	526,182	536,505
General administration	1,240,939	1,249,148
Federal excise tax	48,227	108,277
Total Supporting Activity Expenses	1,815,348	1,893,930

Total Expenses	7,220,126	8,304,361

DECREASE IN NET ASSETS	(3,631,324)	(11,293,863)

NET ASSETS, BEGINNING OF YEAR	130,432,393	141,726,256

NET ASSETS, END OF YEAR	$0126,801,069	$0130,432,393

2016 Board of Directors
(Term ended December 2016)

David G. Rainey, Ed.D.

Dumas, AR
Jerry Adams

President & Chief Executive Officer

Arkansas Research Alliance
Conway, AR
Frederick (Freddie) Black

Chairman

South Region, Simmons First Bank
Lake Village, AR
René Bryce-Laporte

Principal

Bryce-Laporte Information & Consulting
Washington, D.C.
Helen Dorado Alessi

Executive Director

Long Beach Latino Civic Association
Long Beach, NY
Susan Harriman, M.Ed.

(Term ended March 2016)

Policy & Special Projects Director

Arkansas Department of Education
Little Rock, AR
Kilolo Kijakazi

Institute Fellow

The Urban Institute
Washington, D.C.
Mike Malone

Northwest Arkansas Coordinator

Springdale, AR
Lisenne Rockefeller

President & Chair

The Winrock Group, Inc. and Winrock Farms, Inc.
Little Rock, AR
Victoria (Vicki) Saviers

Little Rock, AR
Chris Vincent

Wealth Management Advisor, Merrill Lynch, Monk, Mitchell & Williams

Little Rock, AR
Calvin White, Jr., Ph.D.

Director of African & African American Studies

University of Arkansas Department of History
Fayetteville, AR
Rosa Velázquez

Executive Director

Arkansas Coalition for DREAM
DeQueen, AR