REPORT OF THE EXECUTIVE COMMITTEE 119 



CASH BALANCES, RECEIPTS, AND DISBURSEMENTS DURING 

 FISCAL YEAR 1945 ' 



Cash balance on hand June 30, 1944 $719, 314. 48 



Receipts : 



Cash income from various sources for general 

 work of the Institution $88,398.91 



Cash gifts and contributions expendable for 

 special scientific objects (not for investment). 7, 343. 27 



Cash gifts for special scientific work (to be in- 

 vested) 10, 150. 00 



Cash income from endowments for specific use 

 other than Freer endowment and from mis- 

 cellaneous sources (including refund of tem- 

 porary advances) 154,112.47 



Cash capital from sale, call of securities, etc. 



(for investment) 362,791.36 



Total receipts other than Freer endowment 622, 796. 01 



Cash income from Freer endowment 212, 552. 69 



Cash capital from sale, call of securities, etc. 



(for investment) 1, 425, 529. 25 



Total receipts from Freer endowment 1, 638, 081. 94 



Total 2, 980, 192. 43 



Disbursements : 



From funds for general work of the Institution : 



Buildings — care, repairs, and alterations 3, 220. 00 



Furniture and fixtures 251. 98 



General administration 23, 721. 92 



Library 2, 832. 60 



Publications (comprising preparation, 



printing and distribution) 20, 964. 34 



Researches and explorations 17, 397. 14 



68, 387. 98 



From funds for specific use other than Freer 

 endowment : 



Investments made from gifts and from sav- 

 ings on income 37, 313. 60 



Other expenditures, consisting largely of 

 research work, travel, increase and care 

 of special collections, etc., from income 

 of endowment funds, and from cash gifts 

 for specific use (including temporary 



advances ) 121, 478. 77 



Reinvestment of cash capital from sale, call 



of securities, etc 349, 971. 04 



Cost of handling securities, fee of invest- 

 ment counsel, and accrued interest on 



bonds purchased 3, 781. 25 



512, 544. 66 



1 This statement does not include Government appropriations under the administrative 

 charge of the Institution. 



