Prudential Checklist

THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES

SUPPLEMENTARY INFORMATION - CONTINUED

CONSOLIDATING STATEMENT OF CHANGES IN NET ASSETS

Year ended December 31, 2018 __________

With donor restrictions

Without donor restrictions

Controlling

Noncontrolling

Controlling Operation Pathways

Net Assets

All Real Estate Entities

The NHP Foundation

Operation Pathways

All Real Estate Entities

Consolidated eliminations

Interstate

Subtotal

Total

Total

Beginning balance, January 1, 2018

$

25,010,419

$

(81,622,109)

$

55,535,912

$

22,424,428

$

77,960,340

$

58,696

$

78,019,036

$

111,654,882

$

(339,592)

$

832,312

Transfers in

-

-

-

(7,292,393)

7,639,023

346,630

-

346,630

-

346,630

Capital contributions from noncontrolling interests, net of syndication costs

-

28,037,043

-

-

-

-

-

-

28,037,043

28,037,043

Contributions from / (distributions to) controlling interests

-

(2,517,256)

2,517,256

-

-

-

-

-

-

-

Other changes in equity

-

-

-

(137,435)

137,435

-

-

-

-

-

Transfer of net assets

-

-

(1,189,333)

-

(1,189,333)

1,189,333

-

-

-

Excess of expenses over revenue attributable to noncontrolling interests Excess of revenue over expenses (expenses over revenue) attributable to the Organization

-

-

-

-

-

-

(9,558,861)

(9,558,861)

-

(9,558,861)

2,622,738

(293,910)

(82,765)

2,249,040

(7,564,762)

(3,069,659)

-

(3,069,659)

(7,572)

(3,077,231)

$

51,623,550

$

42,091,943

$

93,715,493

$

51,124

$

93,766,617

$

114,277,620

$

(633,502)

$

749,547

$

16,123,042

$

(78,893,157)

Ending balance, December 31, 2018

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