﻿Report 
  of 
  the 
  President. 
  47 
  

  

  educational 
  work 
  with 
  the 
  public 
  schools 
  have 
  so 
  increased 
  

   the 
  cost 
  of 
  maintenance 
  that 
  the 
  reduced 
  contribution 
  of 
  the 
  

   City 
  has 
  been 
  insufficient 
  to 
  meet 
  the 
  running 
  expenses. 
  On 
  

   this 
  account 
  there 
  has 
  been 
  the 
  large 
  deficit 
  of 
  $26,828.52, 
  

   which 
  has 
  been 
  met 
  by 
  contributions 
  of 
  the 
  Trustees. 
  This 
  

   diversion 
  of 
  the 
  gifts 
  of 
  Trustees 
  and 
  of 
  endowment 
  funds 
  to 
  

   maintenance 
  purposes 
  is 
  a 
  direct 
  loss 
  to 
  the 
  City 
  and 
  to 
  the 
  

   public 
  because 
  it 
  retards 
  the 
  growth 
  of 
  the 
  collections 
  and 
  

   the 
  enrichment 
  of 
  the 
  exhibition 
  halls. 
  

  

  Trustees 
  General 
  Account. 
  — 
  The 
  chief 
  items 
  of 
  income 
  

   of 
  the 
  General 
  Account 
  have 
  been 
  the 
  interest 
  on 
  the 
  Per- 
  

   manent 
  Endowment, 
  $48,317.50; 
  receipts 
  from 
  Life 
  Member- 
  

   ship, 
  $1,900, 
  and 
  receipts 
  from 
  Annual 
  Membership, 
  $15,300, 
  

   the 
  total 
  net 
  receipts 
  having 
  been 
  $83,244,27. 
  

  

  Inasmuch 
  as 
  the 
  money 
  from 
  the 
  City 
  cannot 
  be 
  used 
  for 
  

   the 
  purchase 
  of 
  specimens, 
  for 
  publications 
  or 
  for 
  exploring 
  

   expeditions, 
  the 
  funds 
  of 
  the 
  General 
  Account 
  have 
  to 
  be 
  

   applied 
  to 
  these 
  purposes. 
  It 
  will 
  be 
  seen, 
  therefore, 
  that 
  for 
  

   the 
  normal 
  growth 
  of 
  the 
  institution 
  a 
  large 
  increase 
  of 
  the 
  

   General 
  Fund 
  is 
  urgently 
  needed. 
  

  

  Trustees 
  Special 
  Funds 
  Account. 
  — 
  In 
  former 
  reports 
  

   this 
  account 
  has 
  been 
  designated 
  as 
  the 
  " 
  Endowment 
  and 
  

   Investment 
  Account," 
  but 
  the 
  name 
  has 
  been 
  changed 
  to 
  

   " 
  Special 
  Funds 
  Account," 
  as 
  it 
  consists 
  wholly 
  of 
  funds 
  

   contributed 
  for 
  special 
  purposes. 
  Not 
  infrequently 
  friends 
  of 
  

   the 
  Museum 
  become 
  interested 
  in 
  some 
  particular 
  kind 
  of 
  

   work, 
  for 
  instance, 
  the 
  bird 
  groups, 
  exploring 
  for 
  fossils, 
  

   etc., 
  and 
  desire 
  their 
  contributions 
  to 
  be 
  applied 
  to 
  specific 
  

   purposes. 
  In 
  such 
  cases, 
  the 
  funds 
  provided 
  are 
  deposited 
  in 
  

   the 
  Special 
  Funds 
  Account 
  and 
  disbursements 
  are 
  made 
  there- 
  

   from 
  in 
  accordance 
  with 
  the 
  wishes 
  of 
  the 
  contributors. 
  

  

  The 
  subscriptions 
  for 
  special 
  purposes 
  have 
  been 
  very 
  

   generous, 
  amounting 
  to 
  $66,488.63 
  for 
  the 
  year. 
  Had 
  it 
  not 
  

   been 
  for 
  this 
  substantial 
  support 
  by 
  friends 
  of 
  the 
  Museum, 
  

   it 
  would 
  have 
  been 
  necessary 
  to 
  abandon 
  important 
  field 
  

  

  