﻿REPORT 
  OF 
  EXECUTIVE 
  COMMITTEE 
  147 
  

  

  Invested 
  in 
  approved 
  securities 
  — 
  Continued. 
  

   Investments 
  of 
  Freer 
  endowment 
  — 
  

  

  Bonds 
  $2, 
  785, 
  000. 
  34 
  

  

  Stocks 
  2, 
  360, 
  553. 
  68 
  

  

  Real 
  estate 
  first-mortgage 
  notes 
  90, 
  500. 
  00 
  

  

  $5, 
  236, 
  054. 
  02 
  

  

  Total 
  investments 
  6, 
  884, 
  443. 
  47 
  

  

  Income 
  from 
  investments 
  for 
  present 
  year 
  

  

  On 
  $1,000,000 
  deposited 
  in 
  United 
  States 
  Treasury 
  at 
  6 
  per 
  cent__ 
  $60, 
  000. 
  00 
  

   On 
  $648,389.45 
  invested 
  in 
  stoclis 
  and 
  bonds 
  other 
  than 
  Freer 
  en- 
  

   dowment 
  at 
  4.71 
  per 
  cent 
  30, 
  582. 
  77 
  

  

  Total 
  income 
  other 
  than 
  Freer 
  endowment 
  90, 
  582. 
  77 
  

  

  FREER 
  ENDOWMENT 
  

  

  On 
  $5,236,054.02 
  invested 
  in 
  stocks, 
  bonds, 
  etc., 
  at 
  about 
  5.39 
  

  

  per 
  cent 
  282, 
  435. 
  13 
  

  

  Total 
  income 
  from 
  investments 
  373,017.90 
  

  

  Statement 
  of 
  the 
  annual 
  income 
  of 
  the 
  Institution 
  from 
  ail 
  sources^ 
  

  

  Cash 
  balance 
  on 
  hand 
  June 
  30, 
  1928 
  $238, 
  369. 
  41 
  

  

  Receipts 
  : 
  

  

  Cash 
  from 
  invested 
  endowments 
  and 
  from 
  mis- 
  

   cellaneous 
  sources 
  for 
  general 
  use 
  of 
  the 
  

   Institution 
  $61, 
  309. 
  56 
  

  

  Cash 
  for 
  increase 
  of 
  endowments 
  for 
  specific 
  

  

  use 
  3, 
  000. 
  00 
  

  

  Cash 
  for 
  increase 
  of 
  endowments 
  for 
  general 
  

  

  use 
  6, 
  535. 
  00 
  

  

  Cash 
  gifts 
  for 
  specific 
  use 
  (not 
  to 
  be 
  invested). 
  50, 
  111. 
  01 
  

  

  Cash 
  received 
  as 
  royalties 
  from 
  sales 
  of 
  Smith- 
  

   sonian 
  scientific 
  series 
  ^ 
  14, 
  454. 
  01 
  

  

  Cash 
  gain 
  from 
  sale, 
  etc., 
  of 
  securities 
  (to 
  be 
  

  

  invested) 
  22,944.95 
  

  

  Cash 
  income 
  from 
  endowments 
  for 
  specific 
  use 
  

   other 
  than 
  Freer 
  endowment, 
  and 
  from 
  mis- 
  

   cellaneous 
  sources 
  82, 
  425. 
  70 
  

  

  Total 
  receipts 
  other 
  than 
  Freer 
  endowment 
  240,780.23 
  

  

  Cash 
  income 
  from 
  Freer 
  endowment 
  — 
  

  

  Income 
  from 
  investments 
  282, 
  435. 
  13 
  

  

  Gain 
  from 
  sale, 
  etc., 
  of 
  securities 
  (to 
  be 
  

  

  invested) 
  940, 
  476. 
  80 
  

  

  1 
  , 
  222, 
  911 
  . 
  93 
  

  

  Total 
  1, 
  702, 
  061. 
  57 
  

  

  1 
  This 
  statement 
  does 
  not 
  include 
  Government 
  appropriations 
  under 
  the 
  administrative 
  

   charge 
  of 
  the 
  Institution. 
  

  

  ^ 
  Under 
  resolution 
  of 
  the 
  Board 
  of 
  Regents, 
  three-fourths 
  of 
  this 
  income 
  is 
  credited 
  

   to 
  the 
  permanent 
  endowment 
  fund 
  of 
  the 
  Institution 
  and 
  one-fourth 
  is 
  made 
  expendable 
  

   for 
  general 
  purposes. 
  

  

  82322—30 
  11 
  

  

  