﻿48 
  Report 
  of 
  the 
  President. 
  

  

  explorations 
  and 
  to 
  lose 
  rare 
  collections 
  of 
  much 
  scientific 
  

   and 
  popular 
  interest 
  which 
  probably 
  never 
  would 
  have 
  been 
  

   secured 
  for 
  New 
  York. 
  

  

  Trustees 
  Permanent 
  Endowment. 
  — 
  Two 
  important 
  addi- 
  

   tions 
  have 
  been 
  made 
  to 
  the 
  Permanent 
  Endowment 
  during 
  

   the 
  year: 
  from 
  Mrs. 
  John 
  B. 
  Trevor, 
  who 
  has 
  long 
  been 
  a 
  

   generous 
  supporter 
  of 
  the 
  Museum's 
  work, 
  was 
  received 
  

   $10,000, 
  making 
  the 
  total 
  of 
  the 
  John 
  B. 
  Trevor 
  Fund 
  $25,000 
  ; 
  

   by 
  the 
  bequest 
  of 
  Benjamin 
  P. 
  Davis 
  (a 
  Member 
  of 
  the 
  

   Museum 
  for 
  nine 
  years), 
  $25,000 
  was 
  added 
  to 
  the 
  endow- 
  

   ment, 
  payment 
  being 
  made 
  in 
  stocks 
  and 
  cash. 
  These 
  

   substantial 
  contributions 
  increase 
  the 
  par 
  value 
  of 
  the 
  Per- 
  

   manent 
  Endowment 
  to 
  $1,047,750, 
  the 
  interest 
  on 
  which, 
  

   $48,317.50, 
  constitutes 
  the 
  chief 
  source 
  of 
  income 
  of 
  the 
  

   General 
  Account. 
  

  

  It 
  is 
  on 
  this 
  income 
  that 
  the 
  Museum 
  is 
  largely 
  dependent 
  for 
  

   its 
  development, 
  and 
  the 
  increase 
  of 
  the 
  Permanent 
  Endowment 
  

   is 
  imperative 
  if 
  the 
  Museum 
  is 
  to 
  retain 
  the 
  position 
  that 
  it 
  now 
  

   holds 
  among 
  scientific 
  institutions 
  both 
  in 
  this 
  country 
  and 
  

   abroad. 
  

  

  Very 
  respectfully 
  yours, 
  

  

  Henry 
  Fairfield 
  Osborn, 
  President. 
  

  

  April, 
  1908. 
  

  

  