Report of the Executive Committee 



of the Board of Regents of the 



Smithsonian Institution 



For the Year Ended June 30, 1954 



To the Board of Regents of the Smithsonian Institution: 



Your executive committee respectfully svibmits the following report 

 in relation to tlie 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, and other incidental exi)enses, 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 



Fiind 



Investment 



Income 

 present year 



Parent Fund (original Smithson bequest, plus accumulated savings) 



Subsequent bequests, gifts, and other funds, partly deposited in the U. S 

 Treasury and partly invested In the consolidated fund: 



Abbott, W. L., special fund .-. 



Avery, Robert S., and Lydla, bequest fund... 



Endowment fund 



Habel, Dr. S., bequest fund. 



Hachenberg, George P. and Caroline, bequest fund 



Hamilton, James, bequest fund 



Henry, Caroline, bequest fund. 



Hodgkins, Thomas O. (general gift) 



Porter, Henry Kirke. memorial fund 



Rhees, William Jones, bequest fund 



Sanford, George H., memorial fund. 



Wltherspoon, Thomas A., memorial fund ._ 



Total 



Qrand total 



$729,001.82 



$43, 725. 93 



1,816,977.98 



98, 975. 17 



169 



