1999

A N N U A L R E P O R T

By Elmer Johnson
President and Chief Executive Officer
The Aspen Institute

BOARD OF TRUSTEES
Officers
Ann McLaughlin, Chairman
Henry E. Catto,
Vice Chairman
Lester Crown, Vice Chairman
William Mayer,
Vice Chairman
Elmer W. Johnson,
President and CEO
Members
Mervyn L. Adelson
Paul F. Anderson
Prince Bandar Bin Sultan
Raymond Barre
Mercedes Bass
Berl Bernhard
James C. Calaway
Stephen L. Carter
Michael A. Chowdry
Peter F. Cundill
Andrea Cunningham
William L. Davis
Al Dietsch
William H. Donaldson
Sandra Feldman
Henrietta Holsman Fore
Jack D. Furst
David Gergen
Alma L. Gildenhorn
Gerald Greenwald
Sidney Harman
Rita E. Hauser
Nina Rodale Houghton
Ann Frasher Hudson
Peter Kann
Yotaro Kobayashi
David H. Koch
Timothy K. Krauskopf
Leonard A. Lauder
Gerald M. Levin
Frederic V. Malek
John P. Mascotte
Olivier Mellerio
*
Philip Merrill Philip M. Hawley
Elinor Bunin Munroe Irvine O. Hockaday, Jr.
Constance Berry Newman Shirley Hufstedler
William A. Nitze Robert S. Ingersoll
Olara A. Otunnu Kinichi Kadono
Hisashi Owada Hahn-Been Lee
Elaine Pagels-Greenawalt Robert H. Malott
John J. Phelan, Jr. Elizabeth J. McCormack
Lord Charles Powell of George C. McGhee
Bayswater, KCMG Donald C. McKinlay
Lynda Resnick Martin Meyerson
Ann W. Richards Robert A. Mosbacher
Johnathan Rodgers Paul H. Nitze
Carlo Scognamiglio Seizo Ota
Albert H. Small James A. Perkins
Kathy Daubert Smith Burnell R. Roberts
Andrew L. Stern Frederick P. Rose
Alexander B. Trowbridge Lloyd G. Schermer
Linda J. Wachner Jack Sheinkman
Arnold R. Weber Maurice F. Strong
Leslie H. Wexner Haruo Suzuki
Frederick B. Whittemore Phillips Talbot
Michael H. Wilson Solomon D. Trujillo
Alice Young, Esq. Glenn E. Watts
A. George Weidenfeld
Trustees Emeriti Clifton R. Wharton, Jr.
Lester E. Anderson Dolores Wharton
Winton M. Blount Leonard Woodcock
Rodrigo Botero Thomas H. Wyman
John Brademas
Charles L. Brown Honorary Trustees
Alan Bullock Mortimer J. Adler
Lisle C. Carter, Jr. Robert O. Anderson
Jack G. Clarke Douglas Fraser
William T. Coleman, Jr. Yoshizo Ikeda
Umberto Colombo Howard W. Johnson
Lodwrick M. Cook Henry A. Kissinger
Francis Mading Deng David T. McLaughlin
Paul Deutz Robert S. McNamara
Marion Grn Dnhoff Edzard Reuter
James L. Ferguson Warren B. Rudman
Marvin L. Goldberger Joseph E. Slater
Jacqueline Grapin Cyrus R. Vance
Najeeb E. Halaby Paul A. Volcker
*May, 2000
1999 Annual Report
 FROM THE CHAIRMAN
Nineteen ninety-nine was a major turning point in the history of the
Institute. In May, the board of trustees initiated a management reorganiza-
tion designed to maintain the stability of the organization while greatly
enhancing its management strength.
On June 1 the board of trustees asked one of its members, Elmer Johnson,
to assume the position of president and chief executive officer of the Aspen
Institute. By the end of the year, with the support of the board, Elmer com-
pleted a number of important executive changes, putting in place a strong
team of highly-engaged professionals dedicated to the Aspen mission. The
new team immediately focused on the clear articulation of the strategic
direction for the Institute, and revitalized the seminar programs within the
framework of the new strategic vision, which Elmer articulated in detail in
his monograph, The Challenges of Leadership.
Elmer also laid the foundation for a series of 50th anniversary celebrations
throughout the year 2000, projecting his vision to an even broader Aspen
audience. These changes have brought a renewed sense of commitment to
the trustees and the extended Aspen family. As we move into the next half-
century with this momentum, I am condent that the Institute's best years
are just ahead.
Sincerely,

Ann McLaughlin

2
FROM THE PRESIDENT
In the twelve years that I have been associated with the Institute as a trustee
and executive committee member, and since June 1 as president and chief
executive officer, I have never been so optimistic about our future:
Our Policy and Seminar Programs are working together more
closely than ever before to develop new ways in which each can
reinforce and complement the activities and purposes of the other.
We are developing a much stronger relationship with the Aspen
community, and the Society of Fellows is becoming an ever more
important source of wise counsel and nancial support.
We are focusing more sharply on our mission to challenge younger
executives and policy makers to think about the critical issues of
the new century and about their leadership roles: the Socrates
Society, the Henry Crown Fellowship Program, and the Young
Executive Program.
We are focusing on the development of an active alumni relations
program that will substantially augment the number of Seminar
and Policy Program attendees who keep coming back to Aspen. In
the long run, moreover, this alumni base will make a huge differ-
ence in broadening our nancial base.
With the core efforts in place, the Aspen Institute can reach more widely
and more deeply than ever before to fulll its missionto leverage the
power of leaders to improve the conditions for human well-being. We
focus on leaders, not because they are more important than other human
beingsthey are notbut because the human condition depends so pro-
foundly on how well leaders perform their roles and responsibilities.
Our work has never been more urgent, given the paucity of leaders that
measure up to the awesome challenges that confront our globe. And our
prospect for success has never been brighter.
Sincerely,

Elmer W. Johnson

3
 SEMINARS
J A N E T F R O E T S C H E R , SENIOR VICE PRESIDENT,
SEMINARS AND COMMUNICATIONS

Senior executives and policy makers come to the Aspen Institute to further develop in
the arts of leadership and judgment. The Aspen Institute Seminar Programs focus on
developing enlightened and responsible leaders by bringing the classical wisdom of
the ages to the current challenges of leadership. Through dialogue with their peers,
seminar participants gain understanding into the importance of core values to leader-
ship, and how these conicting values are often at the heart of the complex decisions
they are called upon to make
For almost 50 years, the Executive Seminar has brought leaders together to discuss
the enduring ideals of great thinkers such as Aristotle, Confucius, John Locke, and
Martin Luther King, Jr. As a result of this text-based dialogue and reection, partici-
pants return to their leadership responsibilities with a new decision-making frame-
work informed by their own more clearly dened values and a better understanding
of the values of others.
In 1999, the Aspen Institute Executive Seminar was held 13 times; each seminar with
a diverse group of twenty-some leaders from the elds of government, nance, high-
tech, media, education, and the arts.
1999 seminars also included:

LEADING CORPORATE CHANGE

Explores the practices of men and women who have successfully demonstrated the art of
leadership and allows participants to apply these lessons to their own leadership situations.
SHAPING THE 21ST CENTURY CORPORATION
Focuses on the fundamental challenges facing the business corporation today and its
changing role in the evolving global society.
YOUNG EXECUTIVE PROGRAM
Offers emerging leaders the Executive Seminar experience augmented by small group
discussions with top-level executives from leading organizations.
THE CHINESE IN THE GLOBAL COMMUNITY
Explores China and its emerging position in the world community, and the changing
impact of the West on East Asia.
SOCRATES SOCIETY FORUM
Brings together a select and diverse group of young leaders to explore timeless issues
of leaders, as well as current dilemmas of the digital age.
WYE FACULTY SEMINAR
Assists professors from small to midsize colleges and universities relate their teaching
to broad issues of citizenship in the American body politic.

4
SEMINARS
COLLABORATIVE SEMINARS
In 1999, the Aspen Institute was again called upon to develop special seminars
designed to meet the needs of individual corporations and organizations. These tai-
lored programs were met with great acclaim from participants from AT&T, the
Federal Executives Institute, the Chief Executives Organization, the Longue Vue
House & Garden, Niagara Institute, and the Office of the Cook County Public
Defender (Chicago, IL). In an annual tradition, Mortimer Adler led two Adler
Reunion Seminars on Truth in Religion and Reforming Education.
THE HENRY CROWN FELLOWSHIP PROGRAM
The newest program in the Aspen Institute seminar portfolio is the Henry Crown
Fellowship Program. Honoring the career of Chicago industrialist Henry Crown
(1896-1990), this two-year program is designed to model community-spirited leader-
ship for the emerging generation of corporate leaders. The inaugural class was grad-
uated in 1999. Twenty Henry Crown Fellows are chosen each year from hundreds of
high-achieving nominees to address social responsibilities of leadership in the era of
global capitalism.

HENRY CROWN FELLOWSHIP 1997 INAUGURAL CLASS

Michela Alioto, Vice President and Director of Marketing, Amici Winery
Laurence D. Belfer, Vice-Chairman and COO, Belco Oil & Gas Corporation
Aneel Bhusri, General Partner, Greylock Management
Beth A. Brooke, Vice-Chair, Strategy and Corporate Development, Ernst & Young,
Washington, D.C.
Deborah A. Coleman, Partner in SmartForest Ventures
Gabrielle Greene, Managing Partner, BE/Greenwich Street Capital
Philip L. Harris, Partner, Winston & Strawn
John Hillen, Senior Vice President, Island ECN
Steve Kirsch, Founder and Former Chairman, Infoseek Corporation
The Rev. James A. Kowalski, Rector, St. Lukes Episcopal Parish
Timothy K. Krauskopf, Chief Executive Officer, Parlano, Inc.
Gary Lauder, Partner, Lauder Partners
Jay Marshall, Principal, Jay Alix & Associates
Teresa McBride, CEO, McBride and Associates, Inc.
Kim Pendergast, Founder and President, The Pendergast Group, Inc.
John W. Rogers, Jr., Founder, Chairman, and CEO, Ariel Capital Management and
Ariel Mutual Funds
Deborah R. Simon, Executive Vice President and COO, Methodist Medical Center
of Illinois
David Singer, President and CEO of GeneSoft, Inc.
Danny Villanueva, CEO, Crown Services Inc.
Gary White, Former Vice Chair and CEO, Gymboree Corporation
William Wrigley, Jr., President and CEO, Wm. WRIGLEY Jr. Company

5
 POLICY PROGRAMS
CHARLES M. FIRESTONE, EXECUTIVE VICE PRESIDENT,
POLICY PROGRAMS

Each of the fteen Policy Programs is an effective and impartial forum for inquiry and
dialogue on some the most challenging issues facing democratic societies today. By
developing new thinking, options, recommendations, and initiatives, the Programs
seek constructive solutions within the policymaking process, ever mindful of their
impact on the potential for human fulllment and the importance of human values.
Taken as a whole, the Programs share three characteristics.
Each brings together leaders whose diverse perspectives will enrich discussion.
Each engages in inquiry and informed dialogue as it considers and frames the
most important issues of our time.
Each explores the complexity and tension of competing human and democratic
values in ways that are designed to lead to better decision-making.
In 1999, the founding of a new Program, as well as the increased number and quali-
ty of internal projects within many of the Programs continues a strong pattern of
growth at the Institute. The Democracy and Citizenship Program took shape under
the direction of former Congressman David Skaggs and Co-Director Deborah Both.
It conducted the second Congressional Bipartisan Retreat, which was aimed at fos-
tering a positive atmosphere of greater civil dialogue in the U.S. House of
Representatives. It also launched the Young Voters Project, which is exploring ways
in which to involve 18-24 year olds in the democratic process.
The Initiative for Social Innovation in Business conducted its rst Business Leaders
Dialogue under the co-chairmanship of Peter Kann and Percy Barnevik, CEOs of
Dow Jones and Investor AB, respectively. This international roundtable dialogue of
22 leaders from business, government and the non-prot sector from ve continents
examined the roles that they will need to assume in order to create both business suc-
cess and the conditions for healthy and stable communities.
But the most signicant aspect of the year was the sweeping success of the existing pro-
grams and projects. Perhaps most visible among these important activities was the con-
ference on The International Poverty Gap: Investing in People and Technology to
Build Sustainable Pathways Out, which was held in October at the Carter Center in
Atlanta, Georgia. The conference, moderated by New York Times columnist Thomas
Friedman and U.N. official Shashi Thoroor, featured keynote speeches from former
presidents Jimmy Carter of the United States and Nelson Mandela of South Africa.
Recommendations from the conference are likely to lead to poverty-alleviation actions
throughout the world. The conference also resulted in an article by Sun Microsystems
Chief Scientist Bill Joy in Wired magazine questioning the future direction of technol-
ogy; and Thomas Friedman included some anecdotal information he gained at the
conference in a subsequent edition of his bestseller, The Lexus and the Olive Tree.

6
POLICY PROGRAMS
The Aspen Strategy Group and Norton Press initiated a new publication series, Aspen Policy
Books. The series will showcase its conference papers in a new format, Memos to the
President, bringing them to a wider audience of policy-makers, students, and the interest-
ed lay public.
In 1999, 15 Policy Programs expended more than $15 million, and published 20 reports,15
working papers, and a ever-growing number of online policy updates and newsletters.
1999 POLICY PROGRAMS
Aspen Strategy Group
Robert B. Zoellick and Philip D. Zelikow, Co-Directors
Mary Catherine Andrews, Associate Director
Communications and Society Program
Charles M. Firestone, Executive Director
Amy Garmer, Associate Director
Community Strategies Group
T. Meriwether Jones, Director
Janet Topolsky, Associate Director
Congressional Program
Dick Clark, Director
Democracy and Citizenship Program
David Skaggs, Executive Director
Deborah Both, Co-Director
Domestic Strategy Group
David T. Ellwood, Director
Karen Lynn Dyson, Associate Director
Economic Opportunities Program
Peggy Clark, Director
Amy Kays, Deputy Director
Program on Education in a Changing Society
Michael OKeefe and Michael Timpane, Co-Chairmen
Nancy Pelz-Paget, Director
Program on Energy, the Economy, and the Environment
John A. Riggs, Director
Susan Wade, Associate Director
Initiative for Social Innovation through Business
Judith Samuelson, Executive Director
International Peace, Security, and Prosperity Program
Nancy Bearg Dyke, Director
Justice and Society Program
Alice H. Henkin, Director
Nonprot Sector and Philanthropy Program
Alan J. Abramson, Director
Cinthia Schuman, Associate Director
Roundtable on Comprehensive Community Initiatives
Anne Kubisch and Karen Fulbright-Anderson, Co-Directors
Program on the World Economy
E. Gerald Corrigan and William D. Eberle, Co-Chairmen
Joan E. Lovett, Director
7
 INTERNATIONAL PARTNERS
C H A R L E S M . F I R E S T O N E , E X E C U T I V E V I C E P R E S I D E N T,
I N T E R N AT I O N A L A C T I V I T I E S
One of the greatest strengths of the Aspen Institute is its international network of
partners: Aspen Institute Berlin, Institut Aspen France, Aspen Institute Italia, and
Aspen Institute Japan. In each case, the partner has an independent indigenous board
of directors, with interlocking directorships for the chairs and presidents of each part-
ner on the boards of each of the others. The international network is governed by an
international coordinating committee over which the president of the Aspen Institute
USA presides. The Institute and the partners also have ongoing working relationships
with organizations in other countries such as the Confederation of Indian Industry in
India, and the Cranlana Programme in Australia.

Each of the Institute international partners has a unique blend of seminars and poli-
cy conferences. Highlighted here are activities that are conducted in conjunction or
cooperation with the Aspen Institute USA.

Most visible among the collaborative activities was the Aspen Global Leaders
Seminar, hosted by Aspen France at the Chteau de Bagnols. This seminar, which
was inaugurated in 1998, convenes chief executives from throughout the world in a
brief but intensive values seminar.

Aspen Italia hosts a semi-annual series of Aspen Seminars for Leaders each spring and
fall at the Villa d'Este on the shores of Lake Como. In 1999, these seminars again includ-
ed a seminar on leadership in the digital age, conducted in cooperation with Aspen USA's
Communications and Society Program. Aspen Italia also modeled some of its other con-
ferences on programs by the World Economy and Justice and Society programs.

Aspen Berlin hosted a conference of the Aspen Strategy Group in Berlin, and also
conducted a project on trans-Atlantic leadership that convened leaders in
Washington, DC. Aspen Japan concentrated primarily in developing an Executive
Seminar in Japanese with predominantly Asian writings. They also hosted the Pacic
Rim conference of the Energy, Environment and the Economy program in 1999.

Each of these partners also cooperate with each other in activities such as the Franco-
German Dialogue, and every other year, a conference on the Information Society
which is hosted by Aspen France in partnership with Aspen Italia and Aspen USA.

8
FINANCIAL REPORT
A M Y M A R G E R U M , S E N I O R V I C E P R E S I D E N T,
A D M I N I S T R AT I O N A N D F I N A N C E

The Aspen Institute maintained a strong nancial position in 1999. Total assets
increased over 1998 comparative gures of $73.7 million to $74.2 million. Net assets
were 93 percent of total assets, ending the year at $69 million. Total liabilities were
held at 7 percent of total assets, or $5.2 million.

Current operations generated $30.1 million in revenue, which was a marginal

decrease of $563,000 from restated 1998 revenue of $30.6 million. Project grants con-
tinued to be the major funding source and stayed at the 1998 level of 49 percent of
total revenue. Percentages of total revenue contributed by other sources changed
within 3 percentage points of 1998 levels.
Investment Income/Other 7%
Gifts and Contributions 19%
Project Grants 49%
Conference and Seminar Fees 25%

Operating expenses in 1999 were $28.5 million compared to $25.7 million in 1998.
Changes in percentage of total expenses were seen in all areas but General Business
and Administration, which remained at the 1998 level of 15 percent. The percentage
of expenses attributed to Policy and Restricted Programs rose by four percent. Other
areas changed within a three-percentage point range.
Fund Raising and Development 6%
Seminars 8%
General Business/Administration 15%
Campus Activity 16%
Policy and Restricted Programs 55%

The Aspen Institute, Aspen Meadows, Inc., our for-prot subsidiary, generated $5.7
million in revenue before intercompany eliminations. Shareholders equity decreased
by $96,813, or 8 percent from 1998.

The Institutes nancial position continues to be strong. We continue to grow both

nancially and programmatically due to the cooperative efforts by the Institutes
trustees, all departments, and the generous support from foundations, corporations
and individuals.

For detailed nancial information, please contact:

Finance Department, The Aspen Institute, P.O. Box 222, Queenstown, MD 21658.

9
THE ASPEN INSTITUTE AND SUBSIDIARY
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
AS OF DECEMBER 31, 1999
(1998 FOR COMPARATIVE PURPOSES ONLY)

Current Plant Endowment

Operations Fund Fund

ASSETS
Current Assets
Cash $ 369,352 $ 4,110 $ 845,823
Short-term investments 9,049,053

Total Cash and Cash Equivalents 9,418,405 4,110 845,823

Accounts receivable
Trade, net of allowance of $ 23,282
and $ 23,543 respectively 773,252 92,971
Due to / from subsidiary 456
Grants 4,280,205
Pledges 1,097,385 298,876 25,000
Due to / from other funds 3,151,650 (3,226,272) 74,622
Inventories
Prepaid expenses 1,022,547
Deferred facility usage - Townhouses

Total Current Assets 19,743,900 (2,923,286) 1,038,416

Property and Equipment, Net 35,142,092

Other Assets
Security and other deposits 98,991
Investments 3,353,182 12,869,924
Grants receivable, net of discount of $ 549,072 and
$ 465,081 respectively 1,932,453
Pledges receivable, net of allowance and interest
discount of $ 405,008 and $ 177,803 respectively 820,900 25,092
Loan origination fees, net 42,459
Deferred facility usage - Townhouses
Investment in subsidiaries 467,789
Deferred income tax benet

Total Other Assets 6,673,315 67,551 12,869,924

TOTAL ASSETS $26,417,215 $32,286,357 $13,908,340

 Aspen Aspen Inter- 1999 1998
Institute Meadows Company Consolidated Consolidated
Total Total Eliminations Total Total

$1,219,285 $599,210 $1,818,495 $ 720,248

9,049,053 9,049,053 11,588,756

10,268,338 599,210 10,867,548 12,309,004

866,223 394,004 1,260,227 1,239,126

456 ($456)
4,280,205 4,280,205 4,835,657
1,421,261 1,421,261 1,433,706

54,683 54,683 46,033

1,022,547 18,432 1,040,979 374,209
3,500

17,859,030 1,066,329 (456) 18,924,903 20,241,235

35,142,092 877,661 36,019,753 36,521,740

98,991 4,631 103,622 154,471

16,223,106 16,223,106 15,099,565

1,932,453 1,932,453 1,299,776

845,992 845,992 136,655

42,459 42,459 84,918
36,000
467,789 (467,789)
200,238 200,238 200,238

19,610,790 200,238 (463,158) 19,347,870 17,011,623

$72,611,912 $2,144,228 ($463,614) $74,292,526 $73,774,598

THE ASPEN INSTITUTE AND SUBSIDIARY
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
AS OF DECEMBER 31, 1999
(1998 FOR COMPARATIVE PURPOSES ONLY)

Current Plant Endowment

Operations Fund Fund

LIABILITIES, NET ASSETS

AND STOCKHOLDERS' EQUITY
Current Liabilities
Accounts payable and accrued expenses $941,378 $5,196
Due to / from subsidiary
Payroll and related liabilities 484,052
Unexpended grant receipts
Customer deposits 492,061
Deferred revenue 182,939
Deferred rent abatement
Note payable - current 75,000 465,000
Capital lease - current
Bond payable - current 300,000

Total Current Liabilities 2,175,430 770,196

Long-Term Liabilities
Notes payable 514,173 100,000
Capital lease
Bond payable

Total Long-Term Liabilities 514,173 100,000

Total Liabilities 2,689,603 870,196

Net Assets
Unrestricted 5,214,995 31,092,192 $12,054,463
Temporarily restricted 18,512,617 323,969
Permanently restricted 1,853,877

Stockholders Equity
Capital stock, $1 par value; 1,000 shares
authorized, issued and outstanding
Additional paid in capital
Retained earnings

Total Net Assets and Stockholders' Equity 23,727,613 31,416,161 13,908,340

TOTAL LIABILITIES, NET ASSETS, AND

STOCKHOLDERS EQUITY $26,417,215 $32,286,357 $13,908,340
 Aspen Aspen Inter- 1999 1998
Institute Meadows Company Consolidated Consolidated
Total Total Eliminations Total Total

$946,574 $789,590 $1,736,164 $2,697,490

456 ($456)
484,052 484,052 407,708

492,061 383,617 875,678 666,398

182,939 182,939 249,209
20,353
540,000 450,934 990,934 425,266
14,355 14,355 24,161
300,000 300,000 550,000

2,945,626 1,638,952 (456) 4,584,122 5,040,585

614,173 614,173 200,000

42,118 42,118 55,326
300,000

614,173 42,118 656,291 555,326

3,559,799 1,681,070 (456) 5,240,413 5,595,911

48,361,650 48,361,650 47,827,851

18,836,586 18,836,586 18,734,709
1,853,877 1,853,877 1,616,127

1,000 (1,000)
1,835,746 (1,835,746)
(1,373,588) 1,373,588

69,052,113 463,158 (463,158) 69,052,113 68,178,687

$72,611,912 $2,144,228 $(463,614) $74,292,526 $73,774,598

THE ASPEN INSTITUTE AND SUBSIDIARY
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
AS OF DECEMBER 31, 1999
Current Plant Endowment
(1998 FOR COMPARATIVE PURPOSES ONLY)
Operations Fund Fund

Changes in Unrestricted Net Assets

Revenues and gains
Contributions $5,736,675 $232,858
Project grants 15,000
Conference and seminar fees 7,394,734
Net investment income 640,544 5,350 $659,584
Net realized gain/(loss) from sales of investments 33,506 743 269,085
Net unrealized gain/(loss) on investments 610,415
Gain on sale of assets 3,560 (39,500)
Rental income 346,197
Miscellaneous income 530,035 11
Equity in subsidiary (96,813)
Total Unrestricted Revenues and Gains 14,603,438 199,462 1,539,084

Net Assets Released from Restrictions

Satisfaction of program restriction 14,481,627
Expiration of time restrictions 256,712
Total Net Assets Released from Restrictions 14,481,627 256,712

Transfers
Boardapproved investment
income used for operations 686,889 (686,889)
Total Unrestricted Revenues, Gains,
and Other Support 29,771,954 456,174 852,195
Expenses
Seminars 2,384,429
Campus activities 4,489,318
Policy programs 15,189,991
Other restricted programs 496,917
International activities 97,414
Fund raising and development 1,610,416
General and administrative 4,190,380 1,893,683 193,976
Total Expenses 28,458,865 1,893,683 193,976

Increase (Decrease) in Unrestricted Net Assets 1,313,089 (1,437,509) 658,219

Changes in Temporarily Restricted Net Assets
Revenues and gains
Contributions 203,000 14,395
Project grants 14,622,821
Total Temporarily Restricted Revenues and Gains 14,825,821 14,395

Net Assets Released from Restrictions

Satisfaction of program restriction (14,481,627) (
Expiration of time restrictions (256,712)
Total Net Assets Released from Restrictions (14,481,627) (256,712) (

Increase (Decrease) in Temporarily Restricted

Net Assets 344,194 (242,317)

Changes in Permanently Restricted Net Assets

Project grants 237,750
Increase in Permanently Restricted Net Assets 237,750
Total Increase (Decrease) in Net Assets 1,657,283 (1,679,826) 895,969

Net Assets at Beginning of Year (Restated) 22,070,329 33,095,987 13,012,371

Net Assets at End of Year $23,727,612 $31,416,161 $13,908,340
 Aspen Aspen Inter- 1999 1998
Institute Meadows Company Consolidated Consolidated
Total Total Eliminations Total Total

$5,969,533 $5,969,533 $4,604,749

$15,000 $15,000 $35,750
7,394,734 $5,611,895 ($1,342,986) 11,663,643 12,378,581
1,305,478 1,305,478 1,269,788
303,334 303,334 (61,928)
610,415 610,415 (325,795)
(35,940) (35,940) 328,034
346,197 (284,861) 61,336 46,549
530,046 85,967 616,013 251,827
(96,813) 96,813
16,341,984 5,697,862 (1,531,034) 20,508,812 18,527,555

14,481,627 14,481,627 12,057,257

256,712 256,712 516,190
14,738,339 14,738,339 12,573,447

31,080,323 5,697,862 (1,531,034) 35,247,151 31,101,002

2,384,429 2,384,429 2,843,329

4,489,318 4,408,138 (1,342,986) 7,554,470 7,038,705
15,189,991 15,189,991 12,729,757
496,917 496,917 462,834
97,414 97,414 31,690
1,610,416 1,610,416 1,149,398
6,278,039 1,386,537 (284,861) 7,379,715 7,156,724
30,546,524 5,794,675 (1,627,847) 34,713,352 31,412,437

533,799 (96,813) 96,813 533,799 (311,435)

217,395 217,395 812,079

14,622,821 14,622,821 15,423,304
14,840,216 14,840,216 16,235,383

(14,481,627) (14,481,627) (12,057,257)

(256,712) (256,712) (516,190)
(14,738,339) (14,738,339) (12,573,447)

101,877 101,877 3,661,936

237,750 237,750 41,000

237,750 237,750 41,000
873,426 (96,813) 96,813 873,426 3,391,501

68,178,687 (1,276,775) 1,276,775 68,178,687 64,787,186

$69,052,113 $(1,373,588) $1,373,588 $69,052,113 $68,178,687
 INSTITUTIONAL ADVANCEMENT
C Y N T H I A N . B U N I S K I , S E N I O R V I C E P R E S I D E N T,
I N S T I T U T I O N A L A D VA N C E M E N T

Unrestricted funds in 1999 grew to more than $3 million, an impressive seven percent
over the 1998 level, thanks to the support of the extended Aspen Institute community.
Unrestricted giving opportunities included, among others, the Annual Fund, the Summer
Benet Dinner, the Annual Fall Dinner, and membership in the Society of Fellows.
An important milestone of the year was the addition of former Aspen Mayor John Bennett
as a vice president to serve in the Aspen office. Johns principal responsibility is to
strengthen the relationship of the Institute with the Aspen community through special
programming, community involvement, and the media.
Members of the Society of Fellows continued to provide key nancial support to the
Institute in 1999. While the Fellows membership dues are considered a contribution to
the Institute, the Institute does provide modest benets for membership. The Institute
annually conducts two very popular symposia for Society of Fellows members. In
February, over 35 Fellows convened for the winter symposium on the topic, Work and
Future Society, Understanding the Changes, Making the Transition.
The summer symposium, held in July, was attended by more than 150 Fellows. The topic
of this event was The United States and the 21st Century Global Economy. The con-
ference was moderated by Institute trustee David Gergen and veteran journalist Daniel
Schorr, and included more than 15 panelists, notably Bill Joy, chief scientist of Sun
Microsystems, and Romanian Ambassador Mircea Geoana.
Once again, net proceeds from two successful Institute dinners provided more than
$750,000 in revenue to the Institute. The Summer Benet, held on the Aspen Meadows
campus on July 31, featured the Right Honorable Brian Mulrooney as the keynote speak-
er. The 16th Annual Awards Dinner, held on November 4, was co-chaired by Ann Nitze
and William Mayer and raised over $600,000. The dinner was held at the Essex House in
New York City, and honored General Colin Powell, who received the Henry Crown
Leadership Award, the Honorable Dianne Feinstein, recipient of the Public Sector Award,
and Dr. Sidney Harman, recipient of the Corporate Leadership Award.
In August 1999, the rst graduating class of the Henry Crown Fellows Program pledged
$100,000 to the Aspen Institute. This gracious gift, which was a wonderful surprise to the
Institute, will be invested in seminar program enhancement.
The unique program work of the Aspen Institute would not be possible without the gen-
erous support of many individuals, foundations, and corporations. We are grateful for
every giftno matter how large or how small. We are especially appreciative of the
extraordinary participation we receive from the trustees and Society of Fellows members.
Their outstanding nancial contribution and volunteer service provide the Institute with
the critical support necessary to fulll its mission and develop new program initiatives.

16
TRUSTEE SUPPORT
Mr. and Mrs. Mervyn Adelson
Mr. and Mrs. Paul Anderson
Prince Bandar bin Sultan
Mr. Raymond Barre
Mr. and Mrs. Sid R. Bass
Mr. and Mrs. Berl Bernhard
Mr. and Mrs. James C. Calaway
The Honorable and Mrs. Henry E. Catto
Mr. and Mrs. Michael Chowdry
Mr. and Mrs. Jack Clarke*
Mr. and Mrs. Lodwrick M. Cook*
Mr. and Mrs. Lester Crown
Mr. and Mrs. Peter Cundill
Mr. and Mrs. William Davis
Mr. and Mrs. Alfred J. Dietsch
Mr. and Mrs. William H. Donaldson
Mr. and Mrs. James L. Ferguson*
Henrietta Holsman Fore and Richard Fore
Mr. and Mrs. David Gergen
The Honorable and Mrs. Joseph Gildenhorn
Mr. and Mrs. Marvin Goldberger*
Mr. and Mrs. Gerald Greenwald
Mr. and Mrs. Najeeb E. Halaby*
Dr. Sidney Harman and the
Honorable Jane F. Harman*
Mr. and Mrs. Gustave M. Hauser
Mr. and Mrs. Irvine O. Hockaday, Jr.*
Mrs. Arthur A. Houghton, Jr.
Mr. and Mrs. Edward Hudson
Mr. and Mrs. Seth M. Hufstedler*
Ambassador and Mrs. Robert S. Ingersoll*
Mr. and Mrs. Elmer W. Johnson
Mr. Peter Kann and Ms. Karen E. House
Dr. and Mrs. Henry A. Kissinger*
Mr. and Mrs. David H. Koch
Mr. and Mrs. Leonard A. Lauder
Mr. and Mrs. Gerald M. Levin
The Honorable and Mrs. Frederic V. Malek
Mr. and Mrs. Robert H. Malott*
Mr. and Mrs. John P. Mascotte
Mr. and Mrs. William E. Mayer
Mr. and Mrs. George C. McGhee*
The Honorable Ann McLaughlin
Mr. and Mrs. David T. McLaughlin*
Mr. and Mrs. Olivier Mellerio
Mr. and Mrs. Philip Merrill
Dr. and Mrs. Martin Meyerson*
Mr. Robert A. Mosbacher, Sr.*
Elinor Bunin Munroe and George Munroe
Mr. and Mrs. William Nitze
Professor Elaine Pagels and Kent Greenawalt
Mr. and Mrs. John Phelan
Sir Charles and Lady Carla Powell
Lynda R. Resnick and Stewart Resnick
Mr. and Mrs. Edzard Reuter
The Honorable Ann W. Richards
The Honorable and Mrs. Warren B. Rudman*
Mr. and Mrs. Lloyd G. Schermer*
Mr. and Mrs. Albert H. Small
Ms. Kathy D. Smith
Mr. and Mrs. Andrew L. Stern
Mr. and Mrs. Phillips Talbot
Mr. and Mrs. Alexander Trowbridge
Mr. and Mrs. Solomon D. Trujillo
Mr. and Mrs. Paul A. Volcker*
Ms. Linda J. Wachner
Mr. and Mrs. Arnold R. Weber
Mr. and Mrs. Leslie H. Wexner
Dolores Wharton and Clifton Wharton*
Mr. and Mrs. Frederick B. Whittemore
Mr. and Mrs. Michael H. Wilson
Mr. Thomas G. Wyman*
Alice Young and Thomas B. Shortall*
*Honorary or Emeriti
Note: With a gift of $5,000 or above, a trustee
becomes a Society of Fellows member.
17
 SOCIETY OF FELLOWS MEMBERS
Lifetime Fellows
Mortimer Adler
Mr. and Mrs. Robert O. Anderson
Mr. and Mrs. Alvin I. Brown
Mr. and Mrs. Theodore A. Burtis
Dale Coudert
Ian M. Cumming
Irving B. and Joan W. Harris
Mrs. Page Lee Hufty
Mr. Viktor Kozeny
Mrs. Ludka Kozeny
Mr. and Mrs. Christopher Makins
Paul and Frances Martinson
Mr. and Mrs. George P. Mitchell
Mr. and Mrs. Paul Mosbacher
Mrs. John M. Musser
Mr. and Mrs. William A. Nitze
Arthur M. Pappas
Mr. and Mrs. Gregor G. Peterson
Nina Rosenwald
Mr. and Mrs. Thomas W. Smith
Chairman's Society
Bill and Sara Joy
President's Society
Jane and Michael Eisner
Melva Bucksbaum
Christine and Sheldon Gordon
Nancy and Miles Rubin
Linda and Jay Sandrich
Ronald Simms
Selim K. Zilkha
Aspen Leaf Society
Mr. and Mrs. Frederick Adler
Stuart M. and Lotta B. Brafman
Matthew and Kay Bucksbaum
John F. Cogan, Jr. and Mary L. Cornille
Mr. and Mrs. J. Lester Crain
Michael Dornemann
Mr. and Mrs. David Dreman
A. Huda and Samia Farouki
18
The Honorable Dianne Feinstein and
Richard C. Blum
Mr. and Mrs. Jerry E. Finger
Mr. and Mrs. Michael Goldberg
Mr. and Mrs. William N. Guthrie
Gerald D. Hines
C.A. Kalman
Diana Jacobs Kalman
Laura and Gary Lauder
Mr. and Mrs. Perry and Abbe Lane Leff
Nancy and Jeffrey Marcus
Nancy and Peter Meinig
The Honorable and Mrs. Edward N. Ney
Mr. and Mrs. John Oxley
Dr. and Mrs. Emanuel Papper
Norman and Cheryl Perlmutter
Mr. and Mrs. Richard G. Powell
Mr. and Mrs. Paul C. Schorr, III
Mr. and Mrs. William T. Solomon
Peter and Shelly Thigpen
Ralph and Leah Wanger
Mr. and Mrs. Charles Wyly
Harriet and Jerome Zimmerman
Mortimer B. Zuckerman
Fellows
Mr. Roger Aaron
Albert Abramson
John W. Adams
Bunny Adler
Mrs. Robert H. Allen
Mr. Charles F. Allison, III
Carolyn Alper and Milton Mulitz
Ann Simmons Alspaugh
Mr. and Mrs. Paul Bancroft, III
Ms. Rita Bass
Mr. Michael J. Batza, Jr.
Jameson A. Baxter and Reginald R. Baxter
Dr. George S. Bayoud
Michael and Kathleen Beatty
W. Mason Beekley, III
Mr. Arthur Bellis
SOCIETY OF FELLOWS MEMBERS
Walter C. Bentson
Robert and Meta Berger
Stuart and Wilma Bernstein
Mr. and Mrs. Luciano Berti
R. Harwood (Woody) Beville and
Judith Beville
Irwin and Rita Blitt
David M. and Helen (Livingstone) Bogle
Ms. Ann S. Bowers
Mark A. Bradley
Mr. Eli Broad
Barbara and Bill Broeder
Kenneth M. and Karin J. Campia
Mr. John F. Cannon
Mr. and Mrs. Richard P. Case
Merle C. Chambers and Hugh A. Grant
Mr. David Chazen
Suzanne F. Cohen
Communities Foundation of Texas
Ms. Adrianne Clingan
Mr. & Mrs. Paul and Bunni Copaken
Mr. Patrick Curry
Esther Leonard DeVos
Ms. Susan R. Dial
Mr. and Mrs. David Dibner
Ms. Lucy S. Dikeou
Edward Dominik
Marcia and John Donnell
Mr. and Mrs. David Dreman
Thomas and Connie Duckworth
Richard and Elizabeth Dubin
Georgiana deRopp Ducas
Edward W. Easton
Richard and Gail Elden
Richard and Cornelia Elmore
Gail and Alfred Engelberg
Mr. and Mrs. Alan S. Englander
Marja Engler
Ruthe Eppler
The Honorable and Mrs. Melvyn J. Estrin
Judy Estrin
Anne Farish
Ann Ferrell
Mr. and Mrs. Thomas K. Figge
Emilio and Ana Julia Figueredo
Mr. and Mrs. Jerry E. Finger
Mr. and Mrs. Aaron Fleck
Kathryn Fleck
Merrill Ford
Barry Friedberg and Charlotte Moss
Mr. and Mrs. Henry F. Frigon
Ms. Gloria Garrett
Gideon I. Gartner
Mr. and Mrs. Charles C. Gates
Lanny and Judy Gertler
Ellen Berland Gibbs
Mr. David A. Gitlitz
Lee Godfrey
Mr. Richard E. Gold
Susanne H. Goldstein
O. Alfred Granum, CLU
Jude and Leonard Green
Audrey and Arthur N. Greenberg
Mr. Ronald Greenberg
Betty Grindlay
Mr. and Mrs. Harold Grinspoon
Sheila and Patrick Gross
Mr. Peter Gruber and Ms. Patricia Murphy
Mrs. Paul W. Guenzel
Gordon and Lulie Gund
Mr. Stephen Gunther
Ms. Donna L. Gunther-Brown
Leo S. Guthman
Mr. and Mrs. Charles Hale
Mr. and Mrs. William H. Hamm III
Edward and Julia Hansen
Gordon A. Hardy
Robert and Donna Harper
Mr. and Mrs. James R. Hedges
Reuben L. Hedlund
Cynthia Heelan
Mr. and Mrs. Warner Heineman
Mr. and Mrs. Morton Heller
Bob and Sue Helm
19
 SOCIETY OF FELLOWS MEMBERS
Barnett C. Helzberg, Jr. Mr. John S. Lillard
Shirley Moody Henly Frank Lorenzo
Juliane Heyman Mr. and Mrs. Robert E. Lorton
Mrs. Mary Hirsch Ms. Mary Ralph Lowe
Alberta Davis Hogg Mr. and Mrs. Jim Lowrey
Phyllis S. Hojel Mr. and Mrs. Sheldon B. Lubar
Mr. and Mrs. Daniel A. Honig Paul and Ann Lux
Mr. Joseph A. Hornberger III Mr. Lee R. Lyon
Susan H. Horsey John and Holly Madigan
Mr. Leonard Horwin Mr. and Mrs. Austin Marquis
Mr. and Mrs. William R. Hough Mr. Robert H. Matt
Richard M. Hunt Mr. John P. McBride
Fern Hurst Mr. and Mrs. Thomas McCloskey
Mr. Robert J. Hurst Mrs. William H. McCluskey
Mr. and Mrs. J.R. Hyde, III Betty R. Mcgowin
Ms. Mary Ann Hyde Henry P. Rip McIntosh, IV
Ann Reisner Jacobson Mr. J. Alec Merriam
Mr. and Mrs. John Jellinek Mr. Arthur I. Meyer
Ms. Joy S. Johnson Julienne M. Michel
Marjorie C. Kastman Mr. Charles D. Miller
William W. Karatz Paul Mogin
Mr. Gerald Katcher Mr. and Mrs. William A. Montgomery
Dr. and Mrs. Harold Katkov Mr. and Mrs. Kenneth N.C.B. Moore
Dick and Sylvia Kaufman Peter W. Mullin
Mr. and Mrs. Garnett L. Keith Mr. Raymond D. Nasher
Donald G. Kempf, Jr. Mr. James A. Nathan
James C. and Sherry Kempner Judith E. Neisser
Robert D. Kennedy Hermine Nessen
Jeffrey L. Kenner Mr. Schalon Newton
Patricia L. Krongard Jeannette T. Nichols
Mrs. Ishik A. Kubali-Camoglu Mrs. Geoffrey Oelsner
Lawrence Ladin Mr. and Mrs. Kenneth A. Owen
David H. Langstaff Edmund Pabst
Mr. and Mrs. Garland Lasater John N. Palmer
Kay Lawrence Patricia S. Patterson
Linda and Ken Lay Susan and Paul E. Penn
Lowell H. Lebermann Mr. and Mrs. Edwin L. Phelps
Mr. and Mrs. Rob LeBuhn Pamela Phillips
Mr. and Mrs. Julian and Betty Lehman Mr. and Mrs. Aaron Samuel Podhurst
Laurence F. LeJeune Ms. Mary Polite
Noel and Harriette Levine Gladys P. Preston
Nancy Levinson Mrs. Charles P. Preston

20
SOCIETY OF FELLOWS MEMBERS
Mrs. Charles H. Price, II Vivian and Tom Waldeck
Deak Price Mrs. John M. Walker
Mr. and Mrs. Edward Randall, III Mr. and Mrs. Roger Wallace
Mr. and Mrs. George J. Records Mr. Jonas Weil
Robert and Myra Rich Ms. Betty J. Weiss
Judith Roaman Mr. William Wesson
Mr. and Mrs. F. George Robinson Tex Williams
Arthur Rock The Honorable Philip D. Winn
Dr. Judith Rodin and Mr. Paul Verkuil Mr. and Mrs. Herbert J. Winter
Robert A. Rosenfeld, Esq. Mary and Hugh Wise
Mr. and Mrs. Edwin M. Roth Mr. M. Richard Wyman
Warren J. Rubin Dr. and Mrs. David M. Yocum
Phoebe Massey Ryerson Mr. and Mrs. Karl Zeisler
Ms. Laura B. Sachar Mrs. Victor Zurcher
Arlene and Chester Salomon
Mr. Joshua Saslove
Yasuhiko Sata
Frances G. Scaife
Howard R. and Gloria Scharlin
Mr. and Mrs. David T. Schiff
Mr. and Mrs. Ronald I. Schroeder
Robert J. Schultz
Lois Siegel
Charles and Sandra Simon
Dr. Michael Singer
Mr. James Baker Sitrick
Mrs. Edward A. Smith
Michelle Smith
Emily and Jerry Spiegel
Paul Staley
Bob Stearns
Donald J. Stone
Curt and Fleur Strand
Dr. Barry S. and Evelyn M. Strauch
Mr. and Mrs. John M. Sullivan
Deborah L. Talbot
Robert Taylor, III
Mr. and Mrs. J. Frank Travis
Dr. and Mrs. Terry Turkat
Mr. Dennis H. Vaugn
Mrs. Sue J. Volk
Ulrich Voswinckel

21
 INDIVIDUAL DONORS
Mary Beth and Stanley Adelman Roland T. Bryan
Ms. Elsie V. Aidinoff Joan Budd
Mr. Larry Aldrich Mr. and Mrs. James Bulkley
Michela Alioto Cynthia and Drew Buniski
Mr. Anthony Allgood Mr. Melvin L. Burstein
Daniel Alpert Mr. Herb Buscher
Joe and Debbie Amato Mr. Daniel Cannon
Ms. Diane Anderson Mr. Dennis Carruth
Lester E. Anderson Mr. Clayton C. Carter
Marcia and Eugene Applebaum Jennifer Carter
Mr. and Mrs. R. William Ayres Dr. and Mrs. Robert S. Carter
Edgar H. Bachrach Mrs. Eugene B. Casey
Ellen M. Balaguer Lisa and George Cattermole
William and Joan Ball Red Cavaney
Harry W. Barrick, Jr. Mr. Paul Chanin
Carol Batchelder Mr. and Mrs. John H. Cheek, Jr.
Walter F. Bauer Mr. and Mrs. Peter Cheney
Michael Behrendt Mr. and Mrs. Michael W. Coffield, Esq.
Mr. Randy Beier Avern Cohn
Laurence Belfer Deborah Coleman
Mr. and Mrs. Samuel Bell, Jr. Dr. J. Scott Colley
Mrs. Fabianne Benedict Mary Commager
Barbi Benton Mr. William R. and Mrs. Judith Cottle
Mr. Carl R. Bergman Dr. Robert J. Craig
Sheila L. Birnbaum The Crown Family
Nancy and Robert Blank Laura Curry
Dudley F. Blodget Mr. Ronald Dalby
Sheila Blodget John Damgard
Lawrence and Susan Blount Harry Dammer
Neil G. Bluhm Mr. David K. Danciger
Albert and Mickey F. Boersma Diana Daniels
Ann B. Bossert Mrs. Mary H. Dayton
Robert R. Bourke James H. Degraffenreidt, Jr.
Tina Brackenbush Lawrence M. Denton
Charles W. Brady Susan Webb De Saint Phalle
Abdulmagid A. Breish Mr. William J. Devers
Sally Breul Dr. Richard A. DeWall
Mr. and Mrs. Claude F. Brice, Jr. Mr. and Mrs. Nicholas DeWolf
Beth Brooke Jeannie Diefenderfer
Ms. Markell Brooks Mr. and Mrs. Joseph C. Doherty
Mrs. Darrell F. Brown Mr. Buzz Dopkin
David C. Bryan Michael Douglas

22
INDIVIDUAL DONORS
Max Downham
Mr. and Mrs. Frank W. Draper
Kenneth M. Duberstein
Dr. and Mrs. John C. Dumler
Mr. Wally W. Durham
Mrs. Charles B. Edison
Mr. John H. Ellerman
James R. Ellis
Dr. and Mrs. Ralph L. Engle
Mr. and Mrs. Charles E. Ennis
George and Sandra Eskin
Mr. and Mrs. Floyd R. Evans, Jr.
Mr. Hugh Evans, Jr.
Ms. Suzanne Farver
Mr. Richard C. Fenton
Mrs. Elizabeth Fergus
Felix R. Fernandez
Donald J. Fleisher
Marc and Karen Friedberg
Col. and Mrs. James B. Foster, Jr.
James S. Frank
Mr. and Mrs. William M. Freestate
Mr. and Mrs. James R. Friel, Jr.
Mrs. James Friel
Dr. William Fulkerson
Robert W. Galvin
Mary Jane Garth
Ms. Petra Macia Galindo
Mrs. Emslie N. Gault
William Geary
Harvey and Sylvia Glickman
Sandy Godfrey
Mr. James A. Goodman
William and Gretchen Gorog
Mr. and Mrs. William H. Gossard
Mr. Richard D. Gottlieb
George Gradow
Mr. B.A. Grasseld
Gabrielle Green
Mr. and Mrs. Clivie Haley, Jr.
George Hamilton
Mark Hanson
Mr. Troy Hanson
Mr. and Mrs. Y. Fitzhugh Hardcastle
Philip Harris
Mr. Robert A. Harvey
Mr. Robert L. Hawkins
Jesse and Hetta Heath
Mr. Robert A. Hefner, III
Peggy Heim
Mr. Don Henley
John A. Henry, III
Gail Hilson
Dr. John Hillen
Ruth and Lloyd Hinton
Michael Hirsch
Morrie and Edith Hirsch
Mr. Thomas Y. Hobart, Jr.
Mr. David Hoff
Mr. Stanley A. Hoffberger
Muriel Hoffman
Col. and Mrs. Robert A. Holden
Rich and Suzanne Hood
Mr. and Mrs. S. Roger Horchow
Richard and Marcy Horvitz
Gerald D. Hosier
James R. Houghton
Mr. and Mrs. Harry J. Hubbard
Tom and Lorry Hubbard
John Hughes
Bill and Sally Hurt
Patricia M. Hynes
Mr. Charles B. Israel
Roe Jasen
Mr. Don Johnson
James A. Johnson
Dr. Parviz Kambin
John and Alaynce Kane
Mr. Alex Kaufman
Ann and Stephen Kaufman
Jill Kaufman
Dr. Robert Kearns
George and Bicky Kellner
Ms. Kathryn Kershow
23
 INDIVIDUAL DONORS
Mr. and Mrs. Warren Kershow Mr. and Mrs.George V. McGowan
James V. Kimsey Charles McLean
Steven Kirsch John Mencke
Thomas R. Knowlton Gail Merriam
Gail Cottingham Koch Sam Michaels
The Rev. James A. Kowalski Mrs. Ann F. Miller
Mark and Karen Kram Mrs. Jean C. Miller
Tom Krause Daniel J. Monaco
Timothy Krauskopf Mr. John Moore
Dr. and Mrs. Shepard Krech, Jr. Phyllis A. Moriarty
David and Elizabeth Kruidenier Mr. Darrell C. Morrow
Mr. Karl G. Larson Richard M. Morrow
Marilyn and Earl Latterman Mr. Joseph H. Mrskos, Jr.
Gary Lauder Mr. R.M. Murray, Jr.
Janice Lecoq George Nelson
Mr. and Mrs. Henry M. Lederer, Jr. The Honorable Pauline Newman
Mr. Henry A. Lee Mr. Miller Nichols
Dan and Lynne Levinson Mr. Barry J. Noonan
Barry and Terry Lind Sam and Colleen Nunn
Ms. Jennet B. Lingle Mr. William T. O'Donnell, Jr.
Barbara Linhart Randall Oliphant
Scott D. Livie Janet P. Oller
Gerald and Janet Lockwood Mrs. Margaret D. Orem
Mr. and Mrs. Anthony LoFrisco Carol S. Parks
Mr. and Mrs. Paul M. Long Andrew M. Paul
Wayne and Mary Frances Luke Mr. Tom Payne
Robert and Mary Lupo Kim Pendergast
Mr. and Mrs. A. A. MacGlashan, III Jordon and Essie Perlmutter
Mr. and Mrs. Scott MacGlashan Peter J. Pettibone
Paul and Linda Makosky Mr. Arthur Pster
William F. Maletz Mr. and Mrs. J.O. Pippin, Jr.
Michael and Amy Malone Louis F. Polk, Jr.
Mr. and Mrs. David G. Manning Henry and Roselle Poole
Mrs. Mary E. Manning William H. Pope
George L. Markus, Jr. Mr. David Press
Joseph Marshall Mrs. Carol Price
Mrs. William G. Martin David D. Price
Isao S. Matsuura Dr. Mark Purnell
Dr. Maura McAuliffe Frank Ramondo, Jr.
Davy H. McCall Mr. David Ratcliff
Mr. James R. McDade Roy L. Reardon
Mr. William H. McElnea, Jr. Dr. and Mrs. Harry Rhodes

24
INDIVIDUAL DONORS
Mr. and Mrs. J. Thomas Rhodes, Sr. Mr. Enzo Viscusi
Mr. and Mrs. Sylvester V. Roberts Richard B. Wachenfeld
John W. Rogers, Jr. Ms. Theresa Walden
Peggy R. Rogers Christopher Walling
Mr. and Mrs. Philip Rosen Donald R. and Ruth Ann Walls
Mr. Gary Rosenau Mr. Dick Walsh
Mr. Howard Rosenbloom Mrs. James P. Warburg
Professor Albert and Mrs. Barbara Rosenthal Lynne and Lindy Ward
Philip Rothblum Mr. Everett Warner
Mr. Curtis L. Roy Perry and Terrie Waughtal
Mr. and Mrs. William R. Russell, Jr. Derek and Magaret Weatherley
Sana H. Sabbagh Glorianne L. Webster
Flora L. Sanders Dr. Patricia Weiss
Mr. Thomas C. Sando Stanley A. Weiss
Mr. Omar Sawaf Gary White
Dr. and Mrs. Richard J. Schoeb Mr. Kenneth R. Whiting
Linda Schuerholz Ruth Whyte
Dr. Richard F. Schwerdt Mr. and Mrs. Russell B. Wight, Jr.
Mrs. Margaret O. Scott Johannes Willenpart
Mr. Gordon Segal Jennifer Leigh Williams
The Honorable Felice K. Shea Warren Williamson, III
Mr. Robert Shook Mr. George B. Wombwell
John Silberman Mr. and Mrs. Walter E. Woodford, Jr.
David Singer William Wrigley, Jr.
Aggie Skirball Patricia W. Wroten
William and Maria Smithburg Mr. Thomas G. Wyman
Jane G. Sparks Kano Yamamoto
Mrs. Richard A. Springs, Jr. Mr. Bernie Young
Mr. and Mrs. Benjamin F. Stewart Donald H. Young
Mr. and Mrs. Edward H. Stewart Carl Zillig
Ned and Deborah Stiles Mr. Mario Zoccoli
Mr. Evelyn M. Strauch Mr. Mortimer Zuckerman
Mr. Craig D. Sutherland
Mr. and Mrs. James E. Sylvanus
Mr. and Mrs. William. Z. Sylvester
Mr. George E. Tener
Mary D. Thompson
Joel I. Tirschwell
Mr. James Toffey
Mr. James Treadwell
Stanley A. Twardy, Jr.
Henrik and Christina Vanderlip

25
 CORPORATE AND FOUNDATION SUPPORT
ABB US Power Generation Businesses
Aetna, Inc.
American Airlines
America Online, Inc.
American Petroleum Institute
Ameritech Foundation
Aramco Services Company
ARCO
Arete Corporation
Armstrong World Industries
Asia Foundation
A.T. Kearney
Atlas Air
AT&T
Automatic Data Processing, Inc.
Baltimore Gas & Electric
Bankers Trust Company
Bell Atlantic Corporation
Bell Atlantic Telesector Resources
The Bilger Foundation
Blinken Foundation
Booz, Allen & Hamilton
Bristol-Meyers Squibb Company
BT North America
Cable & Wireless
Cablevision Systems Corporation
The Gordon and Mary Cain Foundation
California Endowment
Camas Shiely Masonry Products Division
Carnegie Corporation of New York
Annie E. Casey Foundation
CB Richard Ellis
26
CBS Corporation
The Center for Global Partnership
The Chase Manhattan Corporation
Myron and Patricia Cherry Philanthropic Fund
Children's Television Workshop
Cinergy Services, Inc.
Citicorp, NA
Citigroup Foundation
The Edna McConnell Clark Foundation
Cleary, Gottlieb, Steen & Hamilton
Communications Planning
Consumers Energy
Corporation for Enterprise Development
Cox Enterprises, Inc.
Arie and Ida Crown Memorial
The Henry and Gladys Crown Charitable
Trust Fund
The Nathan Cummings Foundation, Inc.
Daimler Chrysler AG
Christel DeHaan Family Foundation
Delta Air Lines
Desai Capital Management
The Walt Disney Company & ABC, Inc.
Donaldson, Lufkin & Jenrette
Dow Jones Foundation
Paul Dragoumis Associates, Inc.
Eastman Kodak
Edison Electric Institute
EDS Corporation
Electric Power Research Institute
The Energy Foundation
Enron Corporation
CORPORATE AND FOUNDATION SUPPORT
Exxon Corporation Ewing Marion Kauffman Foundation
Fannie Mae Foundation Kellogg's Corporate Citizenship Fund
Ford Foundation W.K. Kellogg Foundation
Friel Foundation (SEW Friel) Kirkland & Ellis
Gas Research Institute The John S. and James L. Knight Foundation
Gates Learning Foundation Lenfest Group
General Dynamics Levi Strauss Foundation
GE Fund The Henry Luce Foundation, Inc.
General Motors Corporation The John D. and Catherine T. MacArthur
Foundation
Georgia-Pacic Corporation
MaMaMedia, Inc.
Giant Food Inc.
The Markle Foundation
The Gillette Company
MCI WorldCom
Goldman, Sachs & Co.
McKinsey & Company, Inc.
GPU Service, Inc.
Merrill Lynch & Co., Inc.
Grey Advertising Inc.
Microsoft Corporation
GTE Service Corporation
Motorola, Inc.
Hagler Bailly, Inc.
Charles Stewart Mott Foundation
HandsNet
MPT Japan
Harman International Industries, Inc.
National Academy of Sciences
Hazen Polsky Foundation, Inc.
NBC
Heidrick & Struggles, Inc.
Network Solutions, Inc.
Hitachi Foundation
New England Financial
Holsman International
New York Community Trust
IBM Corporation
New York Stock Exchange, Inc.
Institute for International Monetary Affairs
Nortel Networks
Intel Corporation
Northpoint Communications, Inc.
Intermedia Communications Inc.
Northwest Airlines
International Bank for Reconstruction and
Development Novell, Inc.
International Monetary Fund NTT
Robert Wood Johnson Foundation Open Society Institute
Jones, Day, Reavis & Pogue Oracle Corporation

27
 CORPORATE AND FOUNDATION SUPPORT
The David & Lucile Packard Foundation Starr Foundation
Pacic Gas and Electric Company Summit Foundation
Pew Charitable Trusts TDS Telecom
Pzer, Inc. Telefonos de Mexico
Philips Electronics Television USA
Philip Morris Teligent, Inc.
Pittman Family Foundation TGW Limited Partnership
Ploughshares Fund TIAA-CREF
Potomac Electric Power Company Time Warner Inc.
Rhne Group LLC Trigen Energy Corporation
Rockefeller Brothers Fund, Inc. Union Oil Company of California
Rockefeller Foundation United Airlines
The Rouse Company University of Kentucky Research Foundation
Royal Embassy of Saudi Arabia US West
Rubin-Wollman Foundation, Inc. Verner, Liipfert, Bernhard, McPherson & Hand
Ruhrgas AG The Viro Fund
Santa Fe Center Vulcan Materials Company Foundation
SBC Communications, Inc. E.M. Warburg, Pincus & Co., LLC
The John Schreiber Group Warnaco Inc.
Scheuer Associates Foundation, Inc. Weil, Gotshal & Manges LLP
Sempra Energy Witco Corporation
Solomon, Zauderer, Ellenhorn, Frischer & Sharp The Wolfensohn Family Foundation
Southern California Edison Company Xerox Corporation
Southern Company Services, Inc. Zoologic Inc.
Sprint P C S

IN-KIND CONTRIBUTIONS
The Este Lauder Companies, Inc. Kirkland and Ellis
The Franklin Mint Ann McLaughlin
Nina Rodale Houghton Solomon, Zauderer, Ellenhorn, Frischer & Sharp
Elmer Johnson

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The Aspen Institute
Offices and Facilities Worldwide
The Aspen Institute
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INTERNATIONAL PARTNERS
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