Exhibit 3
Alternatives Allocations of Specific Large Foundations, 1997–2007
Fund
Percentage in Alternatives
Survey Code
12/31/1997
12/31/2002
12/31/2007
A
7%
32%
36%
B
22
43
49
C
2
10
21
D
14
38
52
E
18
42
48
F
8
12
16
G
1
5
50
H
0
na
54
I
na
21
52
J
na
na
46
K
16
28
42
L
13
26
52