The Heckscher Foundation for Children

Consolidated Statement
of Net Assets at Fair Value

The Heckscher Foundation for Children

December 31, 2008

Securities / Cash   $211,347,422
Other Investments   8,445,615
Real Estate at 2008 Appraised Value   2,136,500
Real Estate at Cost   12,249,006
     
Total   $234,178,543