Report of the Executive Committee of the Board of 

 Regents of the Smithsonian Institution 



For the Year Ended June 30, 1951 



To the Board of Regents of the Smithsonian Institution: 



Your executive committee respectively submits the following report 

 in relation to the funds of the Smithsonian Institution, together 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 Smithson was £104,960 8s. 6d. — 

 $508,318.40. Refunds of money expended in prosecution of the claim, 

 freights, insurance, and other incidental expenses, together with pay- 

 ment 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, the income from which may be used for the general 

 work of the Institution. These, including the original bequest, plus 

 savings, are listed below, together with the income for the present 

 year. 



ENDOWMENT FUNDS 

 (Income for the unrestricted use of the Institution) 



Partly deposited in the United States Treasury at 6 percent and partly invested 

 in stocks, bonds, and other holdings 



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