I thought to simplify the problem by 'inserting' the text into the image. In Preview, I pasted the image and added the caption and exported it to a new file.

In Word I Insert>Object>From File, then resize inside of Word2008. While the screen version shows the footnote at the bottom of the (first) page, again:

The Preview and Printed Version Still Prints the Footnote At The Top Of The Page, but the footnote number and divider line above it are properly positioned at the bottom.

I've done all I can think of. Can anyone help? With 125 views, I wonder what is wrong with my question that it is not producing mac-specific responses.