REPORT OF THE EXECUTIVE COMMITTEE OF 

 THE BOARD OF REGENTS OF THE SMITH- 

 SONIAN INSTITUTION 



FOE THE YEAK ENDED JUNE 30, 1945 



To the Board of Regents of the Smithsonian Institution: 



Your executive committee respectfully submits the following re- 

 port in relation to the funds of the Smithsonian Institution, together 

 with a statement of the appropriations by Congress for the Govern- 

 ment 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 U. S. Treasury at 6 percent and partly invested in stocks, 



bonds, etc. 



Parent Fund (original Smithson bequest, plus accumulated savings) 



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. 



Endowment, from gifts 



Habcl, Dr. S., bequest fund 



Hachenberg. George P. and Caroline, bequest fund 



Hamilton, James, bequest fund 



Henry, Caroline, bequest fund 



Hodgkins, Thomas G. (general) gift 



Rhees, William Jones, bequest fund 



Sanford, George H., memorial fund. 



Withcrspoon, Thomas A., memorial fund._ 



Special fund, stock in reorganized closed banks 



Total 



115 



