REPORT OF THE EXECUTIVE COMMITTEE 225 



ment fund for the operation of the Gallery. The fund now amounts 

 to $9,721,210.13. 



SUMMARY OF ENDOWMENTS 



Invested endowment for general purposes $2, 429, 459. 09 



Invested endowment for specific purposes other than Freer 

 endowment 2, 441, 891. 50 



Total invested endowment other than Freer 4, 871, 350. 59 



Freer invested endowment for specific purposes 9, 721, 210. 13 



Total invested endowment for all purposes $14, 592, 5G0. 72 



CLASSIFICATION OF INVESTMENTS 



Deposited in the U.S. Treasury at 6 percent per annum, as 



authorized in the U.S. Revised Statutes, sec. 5591 $1, 000, 000. 00 



Investments other than Freer endowment (cost or market 

 value at date acquired) : 



Bonds ?1, 5.30, G33. 40 



Stocks 2, 29.J, 685. 77 



Real estate and mortgages 28, 756. 00 



Uninvested capital 16, 275. 42 



3, 871, 350. 59 

 Total investments other than Freer endowment $4, 871, 350. 59 



Investments of Freer endowment (cost or market value at date 

 acquired) : 



Bonds $4, 993, 135. 06 



Stocks 4, 724, 660. 49 



Uninvested capital 3, 414. 58 



9, 721, 210. 13 

 Total investments $14, 592. 560. 72 



