REPORT OF THE EXECUTIVE COMMITTEE OF 
THE BOARD OF REGENTS OF THE SMITH- 
SONIAN INSTITUTION 
FOR THE YEAR ENDED JUNE 30, 1944 
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 with- 
held 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. These, including the original bequest, 
plus savings, are listed below, together with the income for the present year. 
ENDOWMENT FUNDS 
(Income for unrestricted use of the Institution) 
Partly deposited in U. S. Treasury at 6 percent and partly invested in stocks, 
bonds, etc. 
Income pres- 
Investment ent year 
Parent fund (original Smithson bequest, plus accumulated savings) .-_-__-_- $728, 845. 38 $43, 700. 77 
Subsequent bequests, gifts, etc., partly deposited in the U. S. Treasury and 
partly invested in the Consolidated Fund: 
Avery, Robert S. and Lydia, bequest fund-_.............__.___-__-__-- 50, 766. 70 2, 133. 13 
Endowment, from gifts, income, etc.-....-........-.------------------ 283, 751. 87 9, 988. 86 
Habel} Dr:\8:; bequesttunds s8 see or a 500. 00 30. 00 
Hachenberg, George P. and Caroline, bequest fund_____...___________- 3, 971. 01 139. 66 
Hamilton; James, bequest tund os 7 . on) ae NI ee en eee 2, 898. 60 164. 00 
Henry, Caroline’ bequest fand 22-2 Ce a ae eee 1, 194.17 41, 98 
Hodgkins; ‘Thomas'iG_; fand (general) oo. ee ee 145, 841. 56 8, 009. 54 
Rhees! William’ Jones; bequest fund. 255) 2 es eee 1, 057. 12 51. 80 
Sanford; |Georzge: H., memorial find) 32 ae 1, 978. 97 96. 89 
Witherspoon, Thomas A., memorial fund__....___._..._.--_________-_- 127, 421. 29 4, 481. 58 
Special fund, stock in reorganized closed banks_____..-_.__.__--_______ 1, 400. 00 70. 00 
620, 781. 29 25, 207. 44 
Total cic hoe See Seach ee ee ee ee 1, 349, 626. 67 68, 908. 51 
