124 ANNUAL REPORT SMITHSONIAN INSTITUTION, 1925 



The total amount of dividends and interest received by the Insti- 

 tution from the Freer estate during the year for all purposes was 

 $231,073.64. 



The itemized report of the auditor. The Cajjital Audit Co., certified 

 public accountants, is filed in the office of the secretary. 



DETAILED SURVEY OF FINANCIAL OPERATIONS 



Parent fund 



Balance on hand or in time deposits, July 1, 1924 $4, 476. 59 



Receipts : 



Income, consisting of interest and receipts from mis- 

 cellaneous sources available for general purposes- $57, GOG. 84 

 International exchanges, repaj'ments to the Insti- 

 tution 4, 900. 22 



Total receipts 62, 507. 06 



Total resources for general purposes 66,983.65 



General expenditures : 



Care and repair of buildings «. $7,576.16 



Furniture and fixtui-es 981. 16 



General administration 24,337.63 



Library 3, 133. 47 



Publications (comprising preparation, printing, and 



distribution) 15, 003. 68 



Researches and explorations 4,774.77 



International exchanges , 4, 114. 33' 



Total general expenditures 59,921.20 



Balance June 80, 1925 7,062.45 



Funds for specific objects, inciuding payment and return of funds advanced for 

 field expenses and othei- temporary iransnctions during the year 



Balance on hand or in time deposits July 1, 1924 $66, 854. 84 



Receipts : 



Avery fund $3,416.42 



Virginia Purdy Bacon fund 12,009.52 



Lucy H. Baird fund 118. 20 



Frances Lea Chamberlain fund 2,758.00 



Fred. G. Cottrell fund 3, 750. 00 



Endowment fund (general) 210.00 



Endowment campaign expense fund 2, 000. CK) 



Far East exijodition fund 2, 000. 00 



David C. Graham fund 200. 00 



Dr. W. L. Abbott Haitian botanical expedition 500. 00 



Hamilton fund 189.40 



Harriiiian trust fund 12,546.25 



Caroline Henry fund 96. 13 



Hodgkins fund, six^cific 7, 015. 40 



Bruce Hughes fund 1,087.44 



Morris Loeb fund 3,065.79 



National Gallery of Art building plans fund 264. 55 



