REPORT OF THE EXECUTIVE COMMITTEE OP 

 THE BOARD OF REGENTS OF THE SMITH- 

 SONIAN INSTITUTION 



FOR THE YEAR ENDED JUNE 30, 1941 



To the Board of Regents of the Smithsonian Institution: 



Your executive committee respectfully submits the following 

 report in relation to the funds of the Smithsonian Institution, to- 

 gether with a statement of the appropriations by Congress for the 

 Government bureaus in the administrative charge of the Institution. 



SMITHSONIAN ENDOWMENT FUND 



The original bequest of James Smithsou was £104,960 8s. 6d. — 

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

 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 fund to the amount 

 of $550,000. 



Since the original bequest the Institution 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., and they now stand on the 

 books of the Institution as follows : 



Avery, Robert S. and Lydia T., bequest fund $51, 445. 64 



Endowment fund, from gifts, income, etc 258,328.92 



Habel, Dr. S., bequest fund 500.00 



Hachenbei'g, George P. and Caroline, bequest fund 4, 044. 06 



Hamilton, James, bequest fund 2, 905. 94 



Henry, Caroline, bequest fund 1, 216. 20 



Hodgkins, Thomas G., fund 146,392.62 



Parent fund 728, 867. 62 



Rhees, William Jones, bequest fund 1, 065. 72 



Sanford, George H., memorial fund 1,995.18 



Witherspoon, Thomas A., memorial fund 129,774.35 



Special fund 1, 400. 00 



Total endowment for general work of the Institution 1, 327, 936. 25 



The Institution holds also a number of endowment gifts, the 

 income 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 $103, 969. 99 



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



sun and lecture on the sun 40, 217, 77 



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

 vestigate fauna of countries other than the United States 50, 381. 96 



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