REPORT OF THE EXECUTIVE COMMITTEE OF 

 THE BOARD OF REGENTS OF THE SMITH- 

 SONIAN INSTITUTION 



FOE THE YEAE ENDED JUNE 30, 1940 



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, 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. — 

 $508,318.46. 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 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, 794. 10 



Endowment fund, from gifts, income, etc 255, 037. 25 



Habel, Dr. S., bequest fund 50O. 00 



Hachenberg, George P. and Caroline, bequest fund 4, 081. 70 



Hamilton, James, bequest fund 2,909.72 



Henry, Caroline, bequest fund 1,227.52 



Hodgkins, Thomas G., fund 146,675.45 



Parent fund 728, 879. 04 



Rhees, William Jones, bequest fund 1, 070. 15 



Sanford, George H., memorial fund 2, 003. 61 



Witherspoon, Thomas A., memorial fund 130,982.00 



Special fund 1, 400. 00 



Total endowment for general work of the Institution 1, 326, 560. 44 



The Institution holds also a number of endowment gifts and other 

 funds, 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 $104, 662. 96 



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



and lecture on the sun 40, 592. 03 



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