REPORT OF THE EXECUTIVE COMMITTEE OF THE BOARD OF 

 REGENTS OF THE SMITHSONIAN INSTITUTION FOR THE 

 YEAR ENDED JUNE 30, 1923 



To the Board of Regents of the Smithsonian Institution: 



Your executive committee respectfully submits the following re- 

 port in relation to the funds, receipts, and disbursements of the Insti- 

 tution and a statement of the appropriations by Congress for the 

 National Museum, the International Exchanges, the Bureau of Amer- 

 ican Ethnology, the National Zoological Park, the Astrophysical 

 Observatory, the International Catalogue of Scientific Literature, 

 and the National Gallery of Art, for the fiscal year ended June 30, 

 1923: 



SMITHSONIAN INSTITUTION 



Condition of the fund July 1, 1923 



The sum of $1,000,000 deposited in the Treasury of the United 

 States under act of Congress is a permanent fund, having been ac- 

 cumulated by the deposit of savings and bequests from time to time. 

 Subsequent bequests and gifts and the income therefrom, when so 

 required, are invested in approved securities. The several specific 

 funds so invested are now constituted as follows and classed as the 

 consolidated fund : 



Avery fund $27, 689. 80 



Virginia Purdy Bacon fund 48, 300. 00 



Lucy H. Baird fund 1, 285. 58 



Chamberlain fund 35, 000. 00 



Hamilton fund 500. 00 



Caroline Henry fund 1, 023. 00 



Hodgkins general fund 37,275.00 



Bruce Hughes fund 11, 194. 76 



Morris Loeb fund 2, 390. 00 



Lucy T. and George W. Poore fund 10, 055. 00 



Addison T. Reid fund 4, 419. 00 



Rhees fund 238. 00 



George K. Sanford fund 451. 00 



Smithson fund 1, 429. 14 



Charles D. and Mary Vaux Walcott research fund 11, 520. 00 



Total consolidated fund * 192, 770. 28 



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