43 
Eiendowment Increment Fund 
One of the most regrettable results of reduced income was the 
necessity during 1935 of expending the larger part of the interest 
income of the Endowment Increment Account, by special authori- 
zation of the Governing Committee. Normally, this income is 
added to the principal each vear and invested. The exceptional 
expenses of the Twenty-Fifth Anniversary celebration were largely 
met from this fund. We can only hope it may not be necessary 
to draw on this income again. By the Endowment Increment 
plan, inaugurated in January, 1921, $130,380.94 have been added 
to the permanent endowment fund of the Garden up to December 
SLs SE Se 
Collections Tund 
The amounts contributed to this fund, annually solicited, have 
been as follows during the past nine years: 
1927 1928 1929 1930-1931 = 1932, «1933 1934-1935 
$9,882 $7,420 $7,282 $6,539 $6,762 $6,157 $6,134 $5,807 $5,747 
During the year, it was necessary, with the consent of the donors, 
to use $2,500.00 of the amount contributed, to supplement the per- 
sonal service payrolls, leaving only $3,247.00 to enrich the library, 
the herbarium, and the collection of living plants. This did not 
mean foregoing luxuries, it meant going without necessities. “The 
contributions have fallen off 42% from 1927 to 1935. 
Edward Jackson Bequest * 
Mr. Edward Jackson, a resident and merchant of Brooklyn, 
died on April 28, 1935. In his will he left a bequest of $5000 to 
the Brooklyn Institute of Arts and Sciences for the use of the 
Botanic Garden, to be known as the “ Edward Jackson Fund.” 
A substantial part of the estate was represented by mortgage 
certificates. According to our latest information, the value of 
these certificates was being determined and the estate was not 
— 
settled. 
* For form of bequest to the Brooklyn Botanic Garden, see the page pre- 
ceding the frontispiece of this Report. 
