Social Development  We are committed through our  Social, Employment and Human Rights Policy to building  and m aintaining positive relationships with our Papuan  neighb ors through dialogue and by supporting mutually  struct ured programs to provide opportunities for social,  educat ional and economic development and comprehen- sive,  modern medical care and public health programs  and f acilities. Our policy commits us to conducting our  operat ions in a manner consistent with the Universal  Declar ation of Human Rights. This policy, as amended in  2004 t o expand and articulate its scope more effectively,  is avai lable on our web site (www.fcx.com). • The University of Indonesia study found that from  1992-2004, our economic impact for Indonesia totaled  $33  billion, almost 2 percent of the gross domestic  pro duct of Indonesia, and more than 55 percent of the  gross domestic product of Papua. • We a re the largest private employer in Papua and one  of t he largest in Indonesia. At the end of 2004, PT  Free port Indonesia directly employed 7,858 workers  with another 1,570 contract workers providing services  dire ctly to PT Freeport Indonesia. Of this total work- force of 9,428, approximately 2,400 or 25 percent are  Pap uans, plus an additional 550 Papuan apprentices.  • PT F reeport Indonesia’s operations support additional  empl oyment through privatized companies and other  cont ractors providing services for our operations, brin ging the total of those employed by or serving PT F reeport Indonesia to approximately 18,700. • To measure the effectiveness of our programs and  to find ways to improve them, we engaged the  International Center for Corporate Accountability (I CCA)  to audit the implementation of our Social, Employm ent  and Human Rights Policy. During 2004, ICCA team s  traveled to Papua to conduct the audit. Their findin gs  and recommendations and the Company’s response will be made public in 2005. • We endorsed the joint U.S. Department of State-Brit ish  Foreign Office Voluntary Principles on Human Right s  and Security, and have assigned the lead role in dev el- oping and monitoring company policy on human rig hts  to Judge Gabrielle K. McDonald, former President o f  the International Criminal Tribunal for the former Yugoslavia and an Advisory Director on our Board  of Directors.  • In both 2003 and 2004,  BusinessWeek  magazine p u b- lished the results of its surveys ranking America’s to p philanthropic companies, and each year named  Freeport-McMoRan Copper & Gold Inc. as America’s  most  philanthropic company in terms of cash given as a percentage of revenues. This is largely attributable  to  the Partnership Fund. • For Papuans in our operations area, the Partnership  Fund has built and expanded two modern hospitals  and  a system of community clinics to support comprehensi ve  public health programs sponsored by the fund. Th e  Partnership Fund has built schools, community facili ties  and housing and has provided scholarships, trainin g and  business opportunities. • Since 1996, PT Freeport Indonesia and our joint ven- ture partner, Rio Tinto plc, have committed a portion  of mining revenues to benefit the local community  through the Freeport Partnership Fund for Community  Development, which is managed by a board of local  community and church leaders. Contributions, includ- ing those of our joint venture partner, were $19 million  in 2004, and the total contributions to the fund are  approximately $152 million since inception.  Highlights Making a  Difference Oursuccessisdeterminednotonlyby  themarkets,butbyourcredibilityin  thecommunitieswhereweoperate. 2004 ANNUAL REPORT  | 13