22 



CARNKGIE INSTITUTION OF WASHINGTON. 



, „ The aggregate receipts from interest on endowment, 



Summary of Re- , -...ii-.^r 



ceipts and Expendi- irom interest on bond investments, from interest on de- 



tures of the Insti- posits in banks, from sales of publications, from refund 

 tuhon to Date. . i • n • i . ^ 



on grants and miscellaneous items to date is $3,515,069.54, 



as shown by the following table : 



* Includes $48,000 received from sale of bond. 



The purposes for which funds have been appropriated by the Board of 

 Trustees of the Institution may be summarily classified under five heads, 

 namely: (i) investments in bonds and on account of Administration Build- 

 ing; (2) large projects; (3) minor projects, special projects, and research 

 associates and assistants; (4) publications; (5) administration. The actual 

 expenditures under these heads for each year since the foundation of the 

 Institution are shown in the followins: table: 



*This amount includes an investment of $94,722.22 of the surplus cash account in bonds as follows : 

 $50,000 Northern Pacific-Great Northern 4 per cent joint bonds, Chicago, Burlington and 



Quincy collateral, July, 1921. 

 $50,000 Lake Shore and .Michigan Southern Railway 4 per cent debenture bonds. 



On account of site for and construction of the Administration Building 

 of the Institution, and on account of real estate, buildings, and ec|uipment 

 of departmental establishments, the following sums have been expended : 



