REPORT OF THE EXECUTIVE COMMITTEE OF 
THE BOARD OF REGENTS OF THE SMITHSON- 
IAN INSTITUTION 
FOR THE YEAR ENDED JUNE 30, 1949 
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 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 United States Treasury at 6 percent and partly invested in 
stocks, bonds, etc. 
Income pres- 
Investment ent year 
Parent fund (original Smithson bequest, plus accumulated savings) --_-- $728, 878. 50 $43, 710. 56 
Subsequent bequests, gifts, ete., partly deposited in the U. S. Treasury 
and partly invested in the consolidated fund: 
Avery, Robert S., and Lydia, bequest fund____.-----.--..--__------- 54, 072. 23 2, 527. 92 
Endowmentitnd se ee ee eee eee 337, 608. 80 14, 220. 74 
Habel Dress bequest tun Gases ae tee ee ee eee 500. 00 30. 00 
Hachenberg, George P. and Caroline, bequest fund_-_--.--_---------- 4, 080. 11 171. 87 
Hamilton I AINES A DOG UCL tne eee ee 2, 909. 54 167. 26 
Henry. 1 Carolina sboqiestiun deme ne neon noe eee eee ene e meee 1, 226. 97 51.70 
HodgkinssDhomas|Gs (general) gitteeee ne een enn en een ee cones 146, 418. 02 8, 241. 27 
Porter so enryskirke memorial (und) sesso ee en ee ee 290, 547. 80 12, 238, 39 
Rhees William’ Jones) bequest fund. _- = 2 seer 1, 069. 95 55. 65 
Sanford) GeorgeiH.. memorial fund 222s soso) no ee ee 2,003. 12 104. 04 
Witherspoon® Thomas Av imoemorialifund)-s) eee eens ee eee 130, 922. 14 5, 514. 70 
Special fund, stock in reorganized closed banks-__--_--_--------------- 2, 280. 00 160. 00 
ea ——————————_—_——_ 
RO ta] Se ea ene ee ean ee eee ee te See ee 973, 638. 68 43, 483. 54 
Grand’totale ss. eae he oe as Se 8 ee ees eee ee 1, 702, 517. 18 87, 194. 10 
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