92 Report of the President 



Trustees' General Account. — The systematic develop- 

 ment of both the scientific and educational work of the Museum 

 is wholly dependent upon the funds of the General Account. 

 The appropriation of the City is intended to provide for the 

 care of the building. The Trustees' General Account must 

 provide the specimens and the exhibits to go in the build- 

 ing. The total net receipts in this account for the year are 

 $187,150.68, a sum $23,137.81 greater than the income of 

 1911, and the largest amount that has ever been available. 

 The generous personal contributions of the Trustees, amount- 

 ing to $48,850, in addition to their gifts for special purposes, 

 are conspicuous in causing this increase. The principal items 

 of income are as follows: 



Interest on General Endowment Fund $57,247 75 



Interest on Morris K. Jesup Fund 50,991 97 



Annual and Sustaining Members 25,265 00 



Personal Contributions of Trustees 48,850 00 



Trustees' Special Funds Account. — When a Patron desig- 

 nates a particular purpose for which his contribution is made, 

 the money is deposited in the Special Funds Account. In such 

 case his gift becomes a special fund, or a part of a special 

 fund if there are other contributors. In other words, the 

 Special Funds Account is made up of several independent 

 special funds, each of which the Treasurer treats as if it were 

 a separate account. The income is a fluctuating amount, since 

 it is dependent on the interest of patrons in special collections 

 or objects. It is gratifying to report that the receipts have 

 exceeded those of any previous year and amount to the splen- 

 did total of $78,427.80. 



We wish to express our heartiest thanks to the many Mem- 

 bers and other friends whose generosity has enabled us to 

 secure valuable collections and prosecute many researches. 



Trustees' Permanent Endowment Account. — The 

 growth of the permanent endowment has not kept pace with 

 the development of the collections and the scientific work 

 of the institution. The year 191 2 witnessed an increase of 

 $17,100, the items of which are $5,000 generously subscribed 

 by Anna B. Bliss, and $12,100 (fees of Patrons, Fellows and 



