REPORT OF THE EXECUTIVE COMMITTEE OF 

 THE BOARD OF REGENTS OF THE SMITH- 

 SONIAN INSTITUTION 



FOB THE YEAR ENDED JUNE 30, 1938 



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 orginal 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 withheld during the 

 lifetime of Madame de la Batut, brought the fund to the 

 amount of $550 000. 00 



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. 



To these gifts has been added capital from savings on income, 

 gain from sale of securities, etc., bringing the total endowment 

 for general purposes to the amount of 1, 150, 703. 76 



The Institution holds also a number of endowment gifts, the 

 income of each being restricted to specific use. These are invested 

 and stand on the books of the Institution as follows : 



Abbott, William L., fund, bequest to the Institution $101, 108. 02 



Arthur, James, fund, income for investigations and study of sun 



and lecture on the sun 39 ggg 13 



Bacon, Virginia Purdy, fund, for a traveling scholarship to investi- 

 gate fauna of countries other than the United States 49, 719. 73 



Baird, Lucy H., fund, for creating a memorial to Secretary Baird__ 14, 225. 49 

 Barstow, Frederic D„ fund, for purchase of animals for the 



Zoological Park 754 gg 



Canfield collection fund, for increase and care of the Canfleld 



collection of minerals 37 955 1(3 



Casey, Thomas L., fund, for maintenance of the Casey collection 



and promotion of researches relating to Coleoptera 7, 669. 52 



Chamberlain, Francis Lea, fund, for increase and promotion of 



Isaac Lea collection of gems and mollusks 27, 946. 29 



Hillyer, Virgil, fund, for increase and care of Virgil Hillyer collection 



of lighting objects 6 52 2. 24 



Hitchcock, Dr. Albert S., Library fund, for care of Hitchcock Agro- 



stological Library -^ 1Q0 g7 



Hodgkins fund, specific, for increase and diffusion of more exact 



knowledge in regard to nature and properties of atmospheric air__ 100, 000. 00 



121 



