REPORT OF THE EXECUTIVE COMMITTEE OF 

 THE BOARD OF REGENTS OF THE SMITH- 

 SONIAN INSTITUTION 



FOR THE YEAR ENDED JUNE 30. 1939 



To the Board of Regents of the Smithsonian Institution: 



Your executive committee respectfully submits the following re- 

 port in relation to the funds of the Smithsonian Institution, together 

 with a statement of the appropriations by Congress for the Govern- 

 ment bureaus in the administrative charge of the Institution. 



SMITPISONIAN ENDOWMENT FUND 



The original bequest of James Smithson was £104,960 Ss 6d — 

 $508,318.46. Refunds of money expended in prosecution of the 

 claim, freights, insurance, etc., together with payment into the 

 fund of the sum of £5,015, which had been withheld during the 

 lifetime of Madame de la Batut, brought the fvmd to the 

 amount of $550, 000. 00 



Since the original bequest the Instution has received gifts from 

 various sources chiefly in the years prior to 1893, the income 

 from which may be used for the general work of the Institution. 



To these gifts has been added capital from savings on income, 

 gain from sale of securities, etc., bringing the total endowment 

 for general purposes to the amount of 1, 172, 937. 49 



The Institution holds also a number of endowment gifts, the in- 

 come of each being restricted to specific use. These are invested 

 and stand on the books of the Institution as follows : 



Abbott, William L., fund, bequest to the Institution $105, 889. a5 



Arthur, James, fund, income for investigations and study of sun 

 and lecture on the s\m 39, 763. 75 



Bacon, Virginia Purdy, fund, for a traveling scholarship to investi- 

 gate favma of countries other than the United States 49, 813. 20 



Baird, Lucy H., fund, for creating a memorial to Secretary Baird— 15, 054. 58 



Barstow, Frederic D., fund, for purchase of animals for the 

 Zoological Park 756. 30 



Canfield Collection fund, for increase and care of the Canfield col- 

 lection of minerals 38, 027. 52 



Casey, Thomas L., fund, for maintenance of the Casey collection 



and promotion of researches relating to Coleoptera 7, 683. 94 



Chamberlain, Francis Lea, fund, for increase and promotion of 

 Isaac Lea collection of gems and mollusks 27, 998. 83 



Hillyer, Virgil, fund, for increase and care of VirgU Hillyer collec- 

 tion of lighting objects 6,534.50 



Hitchcock, Dr. Albert S., Library fund, for care of Hitchcock 

 Agrostological Library 1, 262. 42 



Hodgkins fund, si)ecific, for increase and diffusion of more exact 

 knowledge in regard to nature and properties of atmospheric air_ 100, 000. 00 



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