REPORT OF THE EXECUTIVE COMMITTEE OF 
THE BOARD OF REGENTS OF THE SMITH- 
SONTAN INSTITUTION 
FOR THE YEAR ENDED JUNE 30, 1946 
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 
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 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 unrestricted use of the Institution) 
Partly deposited in United States Treasury at 6 percent and partly invested 
in stocks, bonds, ete. 
Income 
Investment present 
year 
Parent fund (original Smithson bequest, plus accumulated savings) ___-______- $728, 878.29 | $43, 701. 53 
Subsequent bequests, gifts, etc., partly deposited in the United States Treasury 
and partly invested in the Consolidated Fund; 
Aweryapeobert S..and Tydia, bequest fund. —=----_-_.-=-- 2.2 61, 770. 56 2, 155, 61 
NG OWATIOHIE ARON GILG 2 ene ee Se eR ee ee es Se 315, 455. 63 10, $89. 98 
Habel, Dr. 8., bequestiftindsc < Siena SSE er a Ee PL eg eae 500. 00 30. 00 
Hachenberg, George P. and Caroline, bequest fonds seen ek anon 4, 079. 43 142. 08 
Hamilton, James, bequest fund__-___-__-____-------__---- - Sane ADA SAL ART 2, 909. 47 164. 26 
Henry, Caroline, bequest fund). 2-2. teeta ek eh ae ed 1, 226: 77 42.73 
Hodgkins ThomasGs(peneral gin ce ee ee ene 146, 412. 95 8, 019. 25 
Rhees, William Jones, bequest fund____.........__-___-_-- Rey shee 1, 069. 87 52.11 
Sanford, George H., THAUeLESVaya EMIS TEs Coup oe tN et 2, 002. 96 97.45 
Witherspoon. LnomasvAcsmemorialifund.o.------ 2022. o ee eee 130, 900. 34 4, 559. 12 
Special fund, stock in reorganized closed banks____--_.___-_-.-._..--_-_-_-- 2, 280. 00 527. 69 
NO Ge Seen ene een ee mC ene SES Neh sD a ey a cs Ph 658, 607. 98 26, 780. 18 
G@iranid \te tal Os eee ete eee ee EN 1, 387, 486. 27 70, 481. 71 
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