KEPOET OF THE EXECUTIVE COMMITTEE 161 



Original endowment for expenses of gallery $1, 958, 591. 42 



Total capital gain from investments of savings from income 416, 079. 26 



Total capital gain from stock dividends, sale, etc., of securities. . 2, 993, 040. 83 



Total capital as per last report $5, 300, 929. 50 



Capital gain from investment of savings from 



income during the year ended June 30, 1931. _ 5, 697. 95 



Capital gain from stock dividends, sale of securi- 

 ties, etc., during the year ended June 30, 1931- 61, 084. 06 



Total Freer endowment for specific pur- 

 poses 5,367,711.51 5,367,711.51 



SUMMARY 



Invested endowment for general purposes 1, 045, 965. 33 



Invested endowment for specific purposes other than Freer 



endowment 701,916. 19 



Total invested endowment other than Freer endowment. _ 1, 747, 881. 52 

 Freer invested endowment for specific purposes 5,367,711.51 



Total invested endowment for all purposes 7, 115,593.03 



CLASSIFICATION OF INVESTMENTS 



Deposited in the United States Treasury at 6 per cent per annum 

 as authorized in the United States Revised Statutes, section 



5591 1,000,000.00 



Investments other than Freer endowment: 



Bonds $266,688. 61 



Stocks 465, 308. 45 



Real estate first-mortgage notes 11,500. 00 



Uninvested capital 4, 384. 46 



747, 881. 52 



Total investments other than Freer endowment 1, 747, 881. 52 



Investments of Freer endowment: 



Bonds $2, 651, 049. 48 



Stocks 2, 634, 982. 42 



Real estate first-mortgage notes 67, 000. 00 



Uninvested capital 14, 679. 61 



5,367,711.51 



Total investments 7, 115, 593. 03 



