7 8 Report of the President 



fund. As these contributions are almost always for the pur- 

 chase of collections or the support of field parties, the moneys 

 of this account form an important item of income in the 

 development of the scientific work of the Museum. These 

 contributions in 191 1 have amounted to the splendid total of 

 $54,700 78, a sum which has enabled the Museum to become 

 the possessor of several rare collections and to undertake ex- 

 plorations which otherwise would have been impossible. 



Trustees Permanent Endowment Account. — It is a 

 source of regret that we cannot report a greater increase in 

 the funds of the Permanent Endowment. One substantial 

 contribution has been received, namely, $25,070.37, from the 

 estate of Charles E. Tilford, in settlement of the terms of 

 his bequest. The total endowment at the close of 191 1 was 

 $2*367, 7 16. 28. In the last analysis the progressive and 

 systematic development of the Museum, both in its scientific 

 and educational work, is directly dependent on the Permanent 

 Endowment. It will be seen, therefore, that the increase of 

 the endowment has become imperative. 



Respectfully submitted, 



Henry Fairfield Osborn 

 February 5, 191 2 President 



