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The Wenner-Gren Foundation

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2005 Annual Report

Financial Statements for 2005

Audited Financial Statements

Statements of Activities (Exhibit A)

Statements of Activities -- Years Ended December 31, 2005 and 2004

Balance Sheets (Exhibit B)

Balance Sheet -- December 31, 2005 and 2004

Statements of Cash Flows (Exhibit C)

Statements of Cash Flows -- Years Ended December 31, 2005 and 2004

Notes to Financial Statements (Exhibit D)

Notes to Financial Statements -- December 31, 2005 and 2004

Schedule 1

Schedule of Administrative Expenses -- Year Ended December 31, 2006