REPORT OF THE EXECUTIVE COMMITTEE OF THE BOARD OF 

 REGENTS OF THE SMITHSONIAN INSTITUTION FOR THE 

 YEAR ENDING JUNE 30, 1920. 



To the Board of Regents of the Smithsonian Institution: 



Your executive committee respectfully submits the following re- 

 port in relation to the funds, receipts, and disbursements of the insti- 

 tution and a statement of the appropriations by Congress for the 

 National Museum, the international exchanges, the Bureau of Ameri- 

 can Ethnology, the National Zoological Park, the Astrophysical Ob- 

 servatory, the International Catalogue of Scientific Literature, etc., 

 for the year ending June 30, 1920, together with balances of previous 

 appropriations : 



SMITHSONIAN INSTITUTION. 



Condition of the fund July i, 1920. 



The sum of $1,000,000 deposited in the Treasury of the United 

 States under act of Congress is a permanent fund, having been ac- 

 cumulated by the deposit of bequests from time to time. Subsequent 

 bequests and the income therefrom are invested in approved securi- 

 ties. The several specific funds so invested are now constituted as 

 follows and classed as the consolidated fund : 



Hodgkins general fund $37,275.00 



Rhees fund 117. 00 



Avery fund 16,898.84 



Addison T. Reid fund 2,150.00 



Lucy T. and George W. Poore fund 4, 96S.0O 



George K. Sanford fund 221.00 



Kmithson fund 1,304.00 



Chamberlain fund 10,000.00 



Bruce Hughes fund 8, 355. 93 



Hamilton fund 500. 00 



Lucy H. Baird fund ,— 1, 106. 25 



Total consolidated fund 82, 896. 02 



Several lots of unimproved land near the city of Lowell, Mass., 



forming a part of the legacy known as the Lucy T. and George W. 



Poore fund, were sold during the year and the sum of $440.07 was 



realized and invested. 



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