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OCR for page 7
I. Investments
OCR for page 8
SCHEDULE 1
Endowment and Trust Investment Funds - Description of Funds
for the Year Ended June 30, 1997
I. ENDOWMENT
A. Unrestricted
1. NAS
Agassiz Fund - Bequest of Alexander Agassiz, a member of the Academy.
Carnegie Fund - Balance of gift of $5,000,000 of the Carnegie Corporation of
New York, for the purposes of the National Academy of Sciences
National Research Council, $1,725,000 of which has been used to cover
the cost of the Academy building and the acquisition of other property.
Commonwealth Fund - A grant of the Commonwealth Fund for capital endow-
ment of the Academy.
Carl Eckart Fund - Bequest of Carl Eckart received for the general purposes of
the Academy.
Ford Foundation Fund - A grant of the Ford Foundation for capital endowment
of the Academy.
Henrietta and Alexander Hollaender Fund - A bequest to the Academy from
Dr. Alexander and Mrs. Henrietta Hollaender.
Grayce B. Kerr Fund - A grant from Gravce B. Kerr Fund for the General n~r-
poses of the Academy.
- = ~-r~-
Nealley Fund - Bequest of George True Nealley for the general purposes of the
Academy.
Simon Ramo Fund - A gift from Simon Ramo for the general purposes of the
Academy.
Rockefeller Foundation Fund - A grant of The Rockefeller Foundation to the
National Academy of Sciences for general purposes.
Dorothea and Herbert Simon Fund - A gift from Dorothea and Herbert Simon
for the general purposes of the Academy.
Sloan Foundation Endowment Fund - A grant of the Alfred P. Sloan Founda-
tion for the general purposes of the Academy.
Amy Prudden Turner Fund - Bequest of Amy Prudden Turner for the general
purposes of the Academy to serve as a memorial to her husband Scott and
herself.
Anonymous Endowment Fund - A gift for the general purposes of the Acade-
my from a donor who wishes to remain anonymous.
General Endowment Fund - Bequest of David Lloyd Fillman and others for the
general purposes of the Academy. By action of the Council, the Interna-
tional Critical Tables were transferred into this fund during fiscal year
1976, and the proceeds from the sale of the Audubon Folios were trans-
ferred in fiscal year 1981.
Members Endowment Fund - Contributions from various members to be used
for the general purposes of the Academy.
8
Capital Contribution
Column 2 of Schedule 1A
Permanently Temporarily
Restricted Restricted Unrestricted
5O,OOO
3,275,000
500,000
5,000,000
250,000
19,556
14,000
180,095
1,000,000
7,146,660
2,223,978
479,602
500,000
,000,000
29,662
3,149,745
OCR for page 9
SCHEDULE 1
Endowment and Trust Investment Funds - Description of Funds
for the Year Ended .lurze 30, 1997
National Academy of Sciences Reserve Fund
Subtotal
2. IOM
General Endowment Fund - Contributions from various sources including
members of the Institute of Medicine, for capital endowment of the IOM.
Robert Wood Johnson Foundation Fund - An endowment grant, the income
from which is to be used for core support of the Institute of Medicine.
Henry J. Kaiser Family Foundation Fund - Contribution to an endowment fund
to support core activities of the Institute of Medicine. The grant indicates
the Foundation's view that the Institute of Medicine is of great importance
to the development of sound social policy related to health. In 1989 this
grant was amended by the Kaiser Family Foundation to provide for trans-
fer of $250,000 as a matching contribution to the IOM endowment con-
tribution to the IOM's Food and Nutrition Board.
John D. and Catherine T. MacArthur Foundation Fund - A grant to be used
9,659,289
480,s23
s,ooo,ooo
488,48s
exclusively as a permanent endowment to the Institute of Medicine, the
income from which is restricted to the general purposes of the Institute. s,ooo,ooo
Pharmaceutical Endowment Fund - Contributions of $250,000, over a period of
5 years, from Glaxo, Inc., and $10,000 from Eli Lilly Company, income from
which is to be used for the general purposes of the Institute of Medicine.
Miscellaneous Private Sector - Contributions of Kaiser Permanente to be used
for the core support requirements of the Institute of Medicine.
Subtotal
B. Restricted for Specific Purpose
1. Program
a. WAS
Basic Science Fund - Earth Sciences - Contribution from an anonymous donor
to match a gift from the Palisades Geophysical Institution of New York.
Together these contributions will be used to establish the Maurice Ewing
and Planetary Sciences Fund of the National Academy of Sciences.
Thomas Lincoln Casey Fund - Bequest of Thomas L. Casey as a memorial to
his father, Thomas Lincoln Casey, to be used in the advancement of engi
neering in all its applications.
Cecil and Ida Green Fund - A gift from Cecil and Ida Green for the general
purposes of the Academy.
Blakeslee Fund - Bequest of Albert Francis Blakeslee, the income of which is
to be used in support of genetics research.
Capital Contribution
Column 2 of Schedule 1A
Permanently Temporarily
Restricted Restricted Unrestricted
5,159,009
259,448
26,346
11,254,802
500,000
258,081
467,256
886,902
9
OCR for page 10
SCHEDULE 1
Endowment and Trust Investment Funds - Description of Funds
for the Year Ended June 30, 1997
Arthur L. Day Fund - A bequest of Arthur L. Day, a member of the Academy,
for the purpose of advancing studies of the physics of the earth.
Global Commons Project Fund
Capital Contribution
Column 2 of Schedule 1A
Permanently Temporarily
Restricted Restricted Unrestricted
2,662,514
39,0s8
W. K. Kellogg Foundation Fund - A grant of the W. K. Kellogg Foundation for
an endowment in the areas of education, health, and agriculture. The
income will be used to fund studies and other activities within these com
munications and individuals, such as enhancing the quality of U.S. edu
cation, assuring access to quality health care in an era of rapidly rising
cost, assessing the role of biotechnology in the future of agriculture, and
similar issues as they arise.
Kobelt Fund - Bequest of Nina I. Kobelt to be used for research scholarships
for worthy students.
Andrew W. Mellon Foundation Fund - A grant from the Andrew W. Mellon
Foundation to endow a program of Academy-initiated studies.
Frank Press Fund for Dissemination and Outreach - Established with contri
butions from members of the Presidents' Circle of the NAS and the IOM.
The income from the fund is to support a variety of dissemination and out
reach activities that seek to share Academy complex knowledge and
resources with the policy-making community and the general public. 1,108,405
Scientists and Engineers for the Future Fund - Contribution from an individ
ual who wishes to remain anonymous. The income from this fund is used
to support educational projects focused on maintaining the health of
American science and technology by ensuring an adequate supply of well
prepared American scientists and engineers for the future.
Arts in the Academy Fund - Contribution from various sources for sponsoring
free cultural programs of merit for local residents and for providing a plat
form for musicians and artists.
Biology and Biotechnology Fund - Contributions from various individuals to
be used for studies and other activities that address emerging research and
policy issues affecting biology and biotechnology, especially cross-disci
plinary aspects and those involving the interface of science, technology,
and commerce and used for dissemination and outreach efforts that seek
to inform policy makers about the findings of the results.
The Coca Cola Foundation Fund - A grant to be used for initiatives in precol
lege science and mathematics education.
Postretirement Benefits. see note 10 in the footnotes to the Financial Statements.
Postemplo~ment Benefits. see note 10 in the footnotes to the Financial Statements.
State Street Fund
Subtotal
10
20,000,000
,000,000
,000,000
3,934
420,232
50,000
296,593
277,000
2,027,982
802,179
28,396,382 573,593 2,830,161
OCR for page 11
SCHEDULE 1
Endowment and Trust Investment Funds - Description of Funds
for the Year Ended June 30, 1997
b. NAS - Member Endowments
Anthropology Fund
Board on Chemical Sciences Fund
Board on Earth Sciences Fund
Board on Mathematical Sciences Fund
Board on Physical Sciences Fund
Board on Physics and Astronomy Fund
Committee on Human Rights Fund
Committee on International Security and Arms Control Fund
Committee on Life Sciences Fund
Embryology Fund
Environmental Studies Fund
Math and Science Education Endowment Fund
NAS Class I Fund
Section 14 Chemistry Discretionary Fund
The Family and Community Well-Being Fund
Abel Wolman Lecture Fund
Subtotal
c. lOM
Distinguished Scholar Fund - Contributions from various IOM members to
permit the selection of one or more persons of senior caliber to spend a
period of time at the IOM in scholarly pursuits related to key program ini
tiatives.
Food and Nutrition Board Fund - Grant of $250,000 to the Institute of Medi
cine as a contribution to the endowment fund to support core activities of
the Food and Nutrition Board. This award was contingent upon the Insti
tute of Medicine transferring a matching amount from the 1986 unre
stricted contribution from the Kaiser Family for general core support of
the Institute. Further contributions to the FNB endowment would be
matched in accordance with the earlier grant.
Food and Nutrition Board Corporations Fund - Contributions from Monsanto
Company and Nestle, USA, Inc. to provide support for FNB activities. 125,000
Food and Nutrition Board Members Fund - Contributions from various mem
bers to be used for general purposes of the Food and Nutrition Board.
Howard Hughes Medical Institute Fund - Contribution for the exclusive use of
the Institute of Medicine to initiate and maintain a program of studies whose
purpose is to foster the translation of science into advances in health.
Women's Health Issues Fund - Contribution from Syntex (U.S.A.), Inc., to be
used for purposes related to women's health issues.
Capital Contribution
Column 2 of Schedule 1A
Permanently Temporarily
Restricted Restricted Unrestricted
250
31,050
2,025
1,300
450
100
62,077
23,800
9,965
976
200
400
750
11,100
1,000
200
145,643
11,750
Subtotal
525,000
2,200
5,000,000
20,000
5,683,950
11
OCR for page 12
.J
Endowment and Trust Investment Funds - Description of Funds
for the Year Ended June 30, 1997
2. Prizes and Awards
a. HAS
American Psychological Association Science Directorate Fund - A gift from
the APA to conduct activities that will help inform the public of the
knowledge base, a value and importance of behavioral science research.
Applied Mathematics and Numerical Analysis Fund - Gift of the Internation
al Business Machines Corporation for an award to recognize outstanding
work in applied mathematics and numerical analysis by a candidate
whose work has been carried out in institutions located in North America.
The fund principal is not restricted.
Arctowski Fund - Bequest of Jane Arctowska in memory of Henryk Arctow-
ski for a medal to recognize contributions to studies in solar physics and
solar-terrestrial relationships.
B. ache Fund - Bequest of Alexander Dallas B. ache a member of the Academy
, ,
to aid researchers in physical and natural sciences.
Blaauw Fund - Bequest of Marianne Blaauw to establish the Edmond and
Marianne Blaauw Fund to support research in the field of ophthalmology.
John J. C arty Fund - Gift of the American Telephone and Telegraph Company in
honor of John J. C arty for an award to recognize noteworthy and distin-
guished accomplishments in any field of science within the charter of the
Academy.
Chemistry in Service to Society Fund - Gift of E. I. du Pont de Nemours &
Company for an award to recognize contributions to chemistry, either in
fundamental science or its application, that clearly satisfy a societal need.
Comstock Fund - Gift of Cyrus B. Comstock for an award to recognize inves-
tigations in electricity, magnetism, or radiant energy by a citizen of North
America.
Draper Fund - Gift of Mrs. Henry Draper in memory of her husband for an
award to recognize investigations in astronomical physics.
Elliot Fund - Gift of Margaret Henderson Elliot in memory of Daniel Giraud
Elliot for an award to recognize meritorious work in zoology or paleon-
tology published within a three- to five-year period.
Estes Fund - Gift of William K. and Katherine W. Estes for an award to rec-
ognize research in the cognitive or behavioral sciences that advances
understanding of problems or issues relating to the risk of nuclear war.
Gibbs Brothers Fund - Gift of William Francis Gibbs and Frederic H. Gibbs to
found the Gibbs Brothers Medal for outstanding contributions in the field
of naval architecture and marine engineering.
Gibbs Fund - Established by gift of Wolcott Gibbs, a member of the Academy,
and increased by a bequest of the late Morris Loeb in 1914 for the pro-
motion of research in chemistry.
Gould Fund - Gift of Mrs. Alice Bache Gould in memory of her father, a for-
mer member of the Academy, for the promotion of research in astronomy;
1 ~
SCHEDULE 1
Capital Contribution
Column 2 of Schedule 1A
Permanently Temporarily
Restricted Restricted Unrestricted
30,000
9s,736
60,000
2s,000
0,400
6,000
8,000
79,849
24,000
5,173
OCR for page 13
SCHEDULE 1
Endowment and Trust Investment Funds - Description of Funds
for the Year Ended June 30, 1997
bequest of $20,000 from the estate of Alice B ache Gould received in
1954, and bequest of $10,000 from the estate of Elizabeth Chandler Hock-
ley in 1979.
Joseph Henry Fund - Contributions by Fairman Rogers, Joseph Patterson,
George W. Childs, and others as an expression of their respect and esteem
for Joseph Henry, for the establishment of a fund to assist meritorious
investigators, especially in the direction of original research.
Hollaender Fund - Bequest of Henrietta Hollaender in memory of Alexander
Hollaender for an award to recognize an outstanding biophysicist.
Hunsaker Fund - Gift of Mr. and Mrs. Jerome C. Hunsaker for an award to rec-
ognize contributions in aeronautical engineering.
Industrial Application of Science Fund - Gift of the International Business
Machines Corporation in honor of Ralph E. Gomory for an award to rec-
ognize work of intrinsic scientific importance and with significant, bene-
ficial applications in industry.
Franklin Livingston Hunt Fund - Bequest of Franklin Livingston Hunt for aid
to research in physics, chemistry, and preventive medicine. A portion of
the income may also be used from time to time to provide a medal to be
known as the Franklin Livingston Hunt Medal for distinguished accom-
plishment in scientific research.
Kovalenko Fund - Gift of Michael S. Kovalenko in memory of Jessie Steven-
son Kovalenko for an award to recognize important contributions to the
medical sciences.
Marsh Fund - Bequest of Othniel Charles Marsh, a member of the Academy,
to promote original research in the natural sciences.
George P. Merrill Fund - Gift of Mrs. George P. Merrill, the income from
which is to be used for studies of meteors, meteorites, and space.
Molecular Biology Fund - Gift of the Monsanto Company for an award to rec-
ognize recent notable discovery in molecular biology by a young scientist
who is a U.S. citizen.
Murray Fund - Gift of the late Sir John Murray to found the Alexander Agassiz
Gold Medal in honor of a former member and president of the Academy,
to be awarded for original contributions to the science of oceanography.
National Academy of Sciences Award in Mathematics - Gift of the American
Mathematical Society in honor of its centennial to recognize excellence of
research in the mathematical sciences published within the past ten years.
National Academy of Sciences Award in Neurosciences - Gift of the FIDIA
Research Foundation to recognize extraordinary contributions to progress
in the fields of neuroscience.
National Academy of Sciences Fund for Sciences and Technology in Interna-
tional Affairs - Contributions from Cecil and Ida Green, J. Erik Jonsson,
Jerome B. Wiesner, and Academy sources to establish the National Acad-
emy of Sciences Fund for Sciences and Technology in International
Affairs in honor of Walter A. Rosenblith.
Capital Contribution
Column 2 of Schedule 1A
Permanently Temporarily
Restricted Restricted Unrestricted
50,000
39,740
00,000
24,750
179,046
10,465
44,086
0,000
10,000
421,374
6,000
181,838
140,206
49,119
13
OCR for page 14
SCHEDULE 1
Endowment and Trust Investment Funds - Description of Funds
for the Year Ended June 30, 1997
Pradel Fund - A bequest of Jules Pradel to be applied to work on the human
central nervous system and allied subjects.
H. P. Robertson Lectureship Fund - Contributions by friends of H. P. Robert
son, foreign secretary of the Academy, to establish a lectureship under
which distinguished scientists would be invited from anywhere in the
world to present lectures to be known as the Robertson Memorial Lecture
of the National Academy of Sciences.
Helen P. Smith Fund - Bequest of Helen P. Smith in memory of Gilbert Mor
gan Smith to recognize excellence in published research on marine fresh
water algae.
Mrs. J. Lawrence Smith Fund - Gift of Mrs. J. Lawrence Smith in memory of
her husband to recognize investigations of meteoric bodies.
Thompson Fund - Gift of Mrs. Mary Clark Thompson to recognize important
service to geology and paleontology.
Troland Fund - Bequest of Leonard T. Troland for research awards to young
investigators (age 40 or younger) to recognize unusual achievement and
to further empirical research in psychology regarding the relationships of
consciousness and the physical world.
Waksman Fund - Gift of the Foundation for Microbiology for an award of
$5,000 every 2 years to be known as the Selman A. Waksman Award in
Microbiology. The contributions from the Foundation may be fully
expended for the intended purpose.
Walcott Fund - Gift of Mary Vaux Walcott in honor of Charles Doolittle Wal
cott to recognize and stimulate research in pre-Cambrian and Cambrian
life and history.
G. K. Warren Fund - Gift of Emily B. Warren in memory of G. K. Warren to
recognize noteworthy and distinguished accomplishment in fluviatile
geology and closely related aspects of the geological sciences.
Watson Fund - Bequest of James C. Watson to recognize contributions to the
science of astronomy.
Subtotal
b. IOM
Gustav O. Lienhard Award - Initially established by an annual grant award in
1986, the Robert Wood Johnson Foundation in 1991 approved a grant for
endowment of the Gustav O. Lienhard Award to be given annually in recog
nition of an outstanding contribution to the advancement of health care. 1,200,000
Rhoda and Bernard G. Sarnat International Prize in Mental Health - A grant
from Rhoda and Bernard G. Sarnat for the purpose of honoring an indi
vidual, group, or organization for distinguished accomplishments in the
field of mental health.
Subtotal
14
Capital Contribution
Column 2 of Schedule 1A
Permanently Temporarily
Restricted Restricted Unrestricted
16,392
20,32s
67,107
8,000
10,000
sos'3ss
s,ooo
15,000
2s,000
2,3s4,264
1,200,000
OCR for page 15
SCHEDULE 1
Endowment and Trust Investment Funds - Description of Funds
for the Year Ended .lune 30, 1997
3. The National Academies' Corporation (TNAC) - An endowment from
The Arnold and Mabel Beckman Foundation for operating and program uses.
The Beckman endowment is invested by NAS on behalf of TNAC.
Subtotal
4. Woods Hole
Peter C. Cornell Trust Fund - To memorialize Detlev W. Bronk, a former
member and president of the Academy, for his contributions to science
and the nation and to recognize the leadership and notable accomplish
ments of John S. Coleman as a member of the Academy's staff. The gift
may be fully expended for its intended purpose.
J. Erik Jonsson Woods Hole Fund - A gift for He Woods Hole Study Center of the
NAS in honor of J. Erik Jonsson, one of the founders of Texas Instruments
and a former mayor of Dallas. The donor wishes to remain anonymous. 2,002,500
Penzance Foundation Fund - A grant for the J. Erik Jonsson Woods Hole Study
Center especially for support of the property's Clark Carriage House.
Woods Hole Endowment- Contributrions from the Brown Foundation and var
ious individuals for maintenance of the Woods Hole Study Center.
Woods Hole Fund- Contributions from various individuals for maintenance of
the Woods Hole Study Center.
Richard King Mellon Foundation Fund - Grant from the Richard King Mellon
Foundation for maintenance of the building and grounds at the Woods
Hole Study Center.
Subtotal
5. PEAS
Billings Fund - Bequest of Mrs. Mary Ann Palmer Draper (Mrs. Henry Drap
er) to support the publication of the Proceedings of the National Academy
of Sciences or for other purposes to be determined by the Academy.
Subtotal
ll. FUNDS FUNCTIONING AS ENDOWMENT
A. NAS - Prizes and Awards
Henry G. Booker Fellowship Fund - Contributions from various individuals to pro
vide a travel grant to one young American radio scientist to attend each Inter
national Union of Radio Science Assembly as a Henry G. Booker Fellow.
Subtotal
Capital Contribution
Column 2 of Schedule 1A
Permanently Temporarily
Restricted Restricted Unrestricted
11,340,737
11,340,737
100,000
502,500
727,063
12,874
50,000
3,294,937 100,000
50,102
50,102
15,826
15,826
15
OCR for page 16
SCHEDULE 1
Endowment and Trust Investment Funds - Description of Funds
for the Year Ended June 30, 1997
B. PEAS
Proceedings of the National Academy of Sciences Fund
Subtotal
C. TNAC Capital Fund
Subtotal
III. RESTRICTED CONTRIBUTIONS
A. NAS
1. Program
Basic Science Fund - Various - Contributions from American Telephone and Tele-
graph Corporation, Atlantic Richfield Foundation, Dow Chemical Corporation,
E. I. du Pont de Nemours and Company, International Business Machines Cor-
poration, Merck and Company, Monsanto Company, Shell Oil Companies
Foundation, and Standard Oil Company to support studies designed to strength-
en the basic natural sciences - physics, chemistry, mathematics, and biology.
Slipher Fund - Bequest of V. M. Slipher, a member of the Academy, to be used
as determined by the Academy. The bequest principal is managed by Val-
ley National Bank, Phoenix, Arizona, which makes periodic income dis-
tributions to the Academy. Income distributions may be fully disbursed
by the Academy in the year of receipt.
2. Prizes and Awards
Levison Memorial Fund - Contributions from various sources established by
the Council of the National Academy of Sciences to encourage staff
development, training, and commitment within the Commission on
Behavioral and Social Sciences and Education (CBASSE). Funds will be
made available on a case-by-case basis as supplemental support for devel-
opment activities. A prize may be awarded to CBASSE staff who exert
notable and unusual effort toward improving the quality of working life in
CBASSE.
Richard Lounsbery Award - Established by Vera Lounsbery in memory of her
husband, Richard Lounsbery and supported by the Lounsbery Foundation
to recognize extraordinary scientific achievement in biology and medi-
cine. Intended to stimulate reciprocal scientific exchanges between the
United States and France, the award is given in alternate years to Ameri-
can and French scientists, and additional funds are available to the recip
16
Capital Contribution
Column 2 of Schedule 1A
Permanently Temporarily
Restricted Restricted Unrestricted
,000,000
,000,000
,093,660
,093,660
OCR for page 17
SCHEDULE 1
Endowment and Trust Investment Funds - Description of Funds
for the Year Ended June 30, 1997
lent to visit research institutions in France, if he or she is Amencan, or in
the United States, if he or she is French. These annual contributions may
be fully disbursed in the year of the award.
National Academy of Sciences Award for Initiatives in Research - Established
by AT & T Bell Laboratones in honor of William 0. Baker and support-
ed currently by Bell Laboratories, Lucent Technologies to recognize inno-
vative young scientists and to encourage research likely to lead toward
new capabilities for human benefit. These annual contributions may be
fully disbursed in the year of the award.
National Academy of Sciences Award in Chemical Sciences - The award is
given for innovative research in the chemical sciences that in the broadest
sense contributes to a better understanding of the natural sciences and to
the benefit of humanity.
National Academy of Sciences Award in Scientific Reviewing - Supported by
Annual Reviews, Inc. and the Institute for Scientific Information in honor
of J. Murray Luck to recognize excellence is scientific reviewing. These
annual contributions may be fully disbursed in the year of the award.
Selman A. Waksman Award in Microbiology - Established by the Foundation
for Microbiology to recognize excellence in the field of microbiology.
These contributions may be fully disbursed in the year of the award.
NAS Support Staff Award - Contributions from venous sources for annual
awards for outstanding members of the National Research Council's
administrative staff. These contributions may be fully disbursed in the
year of the award.
Grand Total
Capital Contribution
Column 2 of Schedule 1A
Permanently Temporarily
Restricted Restricted Unrestricted
83,395,932 2,767,2s3 7,989, 158
Note: Items that have a " " in the Capital Contribution column are those with no contribution this year but that have activity in the investment pool. In
most cases, there is short-term investment activity.
17
OCR for page 18
SCHEDULE 1-A
Endowment and Trust Investment Funds - Financial Detail
of Funds from Inception for the Year Ended June 30, 1997
ENDOWMENT AND TRUST INVESTMENT POOL
Cumulative
Reinvestment Cumulative Total
A. Endowment
1. Unrestricted
a. NAS
Agassiz Fund
Carnegie Fund
Commonwealth Fund
Carl Eckart Fund
Ford Foundation Fund
Number of Cumulative Fund
Participating Reinvestment Cumulative Total Cash and Equity
Capital Capital of Earned Realized Pooled Short-Term Accrued Mine 30.
Units Contribution Income Gains Investments Investments Income
~7
1997
$ so,ooo
3,275,000
500,000
479,602
5,000,000
$ 50,857 $
3,444,053
200,939
1 17,592
2,018,865
195,320$ 296,177
13,437,08120,156,134
613,4571,314,396
393,992991,186
6,172,91513,191,780
$ - $
177 $
133,866
8,604
16,814
56,220
296,354
20,290,000
1,323,000
1,008,000
13,248,000
Henrietta and Alexander Hollaender
Fund1,1 17.04500,00032,75640,613573,369-17,631591,000
GrayceB.Kerr Fund521.44250,00026,48018,072294,552-(6,552)288,000
National Academy of Sciences Reserve
Fund1 15.25-37,83122,09959,930-1,000,0001,059,930
Nealley Fund252.7319,55625,03376,489121,078-(5,078)116,000
Simon Ramo Fund36.5514,0001,9633,60319,566-43420,000
Rockefeller Foundation Fund5,257.631,000,000414,7201,275,8732,690,593-11,4072,702,000
Dorothea and Herbert Simon Fund563.39180,09531,15490,107301,356-644302,000
Sloan Foundation Fund5,259.651,000,000414,8751,275,2882,690,163-11,8372,702,000
Amy Prudden Turner Fund145.1029,6629,33941,80480,805-19581,000
Anonymous Endowment Fund16,364.127,146,660759,321835,5548,741,535_(236,535)8,505,000
General Endowment Fund9,572.003,149,745540,7131,179,4794,869,937-21,5684,891,505
Members Endowment Fund4,868.332,223,978193,324197,5992,614,901-13,0992,628,000
119,040.17 24,818,298 $ 8,319,815 $ 25,869,345 $ 59,007,458 $ - $1,044,331 $ 60,051,789
~-
b. IOM
General Endowment Fund 1,220.55 $ 480,956 $ 173,209 $ 54,964 $ 709,129 $ - $ (3,129) $ 706,000
Robert Wood Johnson Foundation Fund 13,748.85 5,000,000 1,287,981 873,576 7,161,557 - 30,443 7,192,000
Henry J. Kaiser Family Foundation
Fund 1,084.18 488,485 55,391 29,391 573,267 - 1,733 575,000
John D. and Catherine T.
MacArthur Foundation Fund 13,568.55 5,000,000 1,202,612 982,148 7,184,760 - 30,240 7,215,000
Pharmaceutical Endowment Fund 612.97 259,448 51,144 16,912 327,504 - 3,496 331,000
Miscellaneous - Private Sector Fund 72.59 26,346 11,935 2,226 40,507 - (507) 40~000
30,307.69 $ 1 1,255,235 $ 2,782,272 $ 1,959,217 $ 15,996,724 $ - $ 62,276 $ 16,059,000
2. Restricted for Specific Purpose
a. Program
i,
i. NAS - Outside Sources
Arts in the Academy Fund 10.68 $ 3,934 $ 1,651 $ 357 $ 5,942 $ - $ 58 6,000
Basic Science Fund - Earth Sciences 1,063.41 500,000 52,419 51,484 603,903 - 3,097 607,000
Biology and Biotechnology Fund 971.79 420,232 34,975 28,018 483,225 - 2,775 486,000
Blakeslee Fund 2,687.53 886,902 165,664 358,898 1,411,464 - 5,536 1,417,000
Thomas Lincoln Casey Fund 6,857.84 258,081 1,471,198 1,675,001 3,404,280 - 16,720 3,421,000
Coca Cola Foundation Endowment
Fund 1 18.45 50,000 7,183 4,451 61,634 - 366 62,000
Arthur L. Day Fund 16,380.15 2,662,514 2,646,852 2,685,551 7,994,917 - 30,083 8,025,000
Cecil and Ida Green Fund 1,549.70 $ 467,256 $ 77,336 $ 266,996 $ 811,588 $ $ 4,412 $ 816,000
Global Commons Project Fund 100.12 39,058 12,464 2,827 54,349 - 349 54,698
18
OCR for page 19
SCHEDULE 1-A
Endowment and Trust Investment Funds - Financial Detail
of Funds from Inception for the Year Ended June 30, 1997
ENDOWMENT AND TRUST INVESTMENT POOL
Number ofCumulativeFund
Participating Reinvestment Cumulative Total Cash and Equity
CapitalCapital of Earned Realized Pooled Short-Term Accrued June30,
Units Contribution Income Gains Investments Investments Income 1997
Houston Advanced Research Center ~-13,078 (5,O78) 8,OOO
W. K. Kellogg Foundation Fund 44,361.77 20,000,000 1,410,485 1,850,384 23,260,869- 99,131 23,360,000
Kobelt Fund 2,106.28 296,593 283,845 482,128 1,062,566- 4,434 1,067,000
Andrew W. Mellon Foundation Fund 2,437.42 1,000,000 143,214 109,689 1,252,903- 6,097 1,259,000
Postemployment Benefits 1,428.02 802,173 80,833 29,032 912,038- 1,962 914,000
Postretirement Benefits 3,471.59 2,027,976 170,629 56,544 2,255,149- 7,851 2,263,000
Frank Press Fund for Dissemination
and Outreach 2,209.32 1,108,879 159,519 66,842 1,335,240- 3,760 1,339,000
Scientists and Encineers for the
Future Fund 2,711.57 1,000,000 72,611
State Street Fund - 277,000
88,465.64 $ 31,800,598 $ 6,790,878 $
~i. NAS - Members Endowment (s)
Anthropology Fund
Board on Chemical Sciences Fund
Board on Earth Sciences Fund
Board on Mathematical Sciences Fund
Board on Physical Sciences Fund
Board on Physics and Astronomy Fund
Committee on Human Rights Fund
Committee on International Security
and Arms Control Fund
Committee on Life Sciences Fund
Embryology Fund
Environmental Studies Fund
Math and Science Education
Endowment Fund
NAS Class I Fund
Section 14 Chemistry
Discretionary Fund
The Family and Community Well-Being
Fund
Abel Wolman Lecture Fund
0.53
100.22
6.14
3.56
0.21
0.88
148.82
69.31
25.23
2.57
0.44
0.74
2.25
32.85
2.82
0.22
396.79
82,3001,154,91 1-
-277,000-
7,750,502$ 46,336,036$ 13,078 $ 133,584 $
250
3 1,050
2,025
1,300
450
100
62,076
23,800
9,965
976
200
400
750
,100
as
18,558
1,222
599
94
39
19,696
1 1,301
3,083
299
87
70
390
5,750
20
3,959
235
134
26
10
4,094
2,516
829
83
15
90
82
1,195
365
53,567
3,482
2,033
570
149
85,866
37,617
13,877
1,358
302
560
1,222
18,045
1,0005271 121,639
200437250
145,642$ 61,853$ 13,407$ 220,902
5,089 1,160,000
(53,000) 224,000
46,482,698
q7 - UP - UP
1,134
383
365
53,567
3,482
2,033
570
149
87,000
38,000
13,877
1,358
302
560
1,222
(18)18,027
_ _1,639
_ -250
$ - $ 1,499$ 222,401
iii. IOM
Distinguished Scholar Fund38.18$ 11,750$ 8,113$ 1,324$ 21,187$ -$ -$ 21,187
Food and Nutrition Board1,539.14525,000245,93953,743824,682-4,318829,000
Food and Nutrition Board
Corporations Fund405.07125,00080,96612,696218,662-1,338220,000
Food and Nutrition Board
Members Fund12.402,2004,2233796,802-1987,000
Howard Hughes Medical
Institute Fund12,421.795,000,0001,128,301686,1056,814,406-(32,406)6,782,000
Women's Health Issues Fund47.7220,0006,7461,36128,107-(107)28,000
14,464.30 $ 5,683,950 $ 1,474,288 $ 755,608 $ 7,913,846 $ - $ (26,659) $ 7,887,187
19
OCR for page 20
SCHEDULE 1-A
Endowment and Trust Investment Funds - Financial Detail
of Funds from Inception for the Year Ended June 30, :1997
ENDOWMENT AND TRUST INVESTMENT POOL
Number of Cumulative
Participating Reinvestment Cumulative Total Cash and
Capital Capital of Earned Realized Pooled Short-Term Accrued
Units Contribution Income Gains Investments Investments Income
Fund
Equity
June 30,
1997
b. Prizes and Awards
i. NAS
American Psychological Association
Science Directorate Fund
Applied Mathematics and Numerical
Analysis Fund
Henryk Arctowski Fund
Bache Fund
Blaauw Fund
John J. Carty Fund
Comstock Fund
Draper Fund
Elliot Fund
Estes Award in Social and Behavioral
Sciences
Gibbs Brothers Fund
Gibbs Fund
Ralph E. Gomory Award for the
Application of Science
Gould Fund
Joseph Henry Fund
Alexander Hollaender Award in
Biophysics
Hunsaker Fund
Hunt Fund
Kovalenko Fund
Marsh Fund
George P. Merrill Fund
Monsanto Award in Molecular
Biology
Murray Fund
NAS Award for Chemistry in
Service to Society
NAS Award in Mathematics
NAS Award in Neurosciences
NAS Fund for Sciences and
Technology in International Affairs
Pradel Fund
H. P. Robertson Lectureship Fund
Helen P. Smith Fund
Mrs. J. Lawrence Smith Fund
Thompson Fund
Troland Fund
Waksman Award
Walcott Fund
G. K. Warren Fund
Watson Fund
5 1.50
2,476.25
451.83
920.75
673.32
598.3 1
253.88
168.20
237.03
269.43
157.92
421.11
756.10
513.54
292.26
309.52
144.82
1,001.86
226.86
83.28
1,030.21
206.50
370.96
403.28
177.93
601.86
226.45
489.46
541.21
226.47
3,492.81
79.31
162.04
1,037.69
30,000 $ 2,674 $
95,736
60,000
71,299
25,000
10,400
6,000
8,000
79,849
24,000
5,173
179,046
50,000
39,740
100,000
24,750
10,465
44,086
10,000
10,000
421,374
6,000
181,838
140,206
49,119
16,392
20,325
67, 107
8,000
10,000
505,359
5,000
15,000
25,000
742,960
16,317
151,139
185,089
177,924
71,948
39,368
39,455
60,5 16
27,271
27,686
107,978
24,575
48,943
78,874
52,225
281,570
18,597
12,497
67,594
50,913
5,854
59,773
42,117
227,759
50,744
103,661
159,435
53,742
954,204
10,092
41,288
328,543
1,018$ 33,692 $ - $ 308 $ 34,000
439,5011,278,197
138,283214,600
219,568442,006
146,629356,7 18
101,468289,792
61,951139,899
36,58183,949
15,357
58,255
42,921
17,682
205,006
177,103
9,885
62,157
17,522
193,961
74,654
19,889
69,896
23,772
10,631
134,661
142,77 1
75,365
224,414
362,984
241,418
158,828
165,781
80,212
519,617
103,25 1
42,386
558,864
80,685
198,323
27,579(579)
1,803
1,400
1,994
(3,718)
1,208
(3,899)
(1,949)
(1,661)
(9,771)
9,635
(2,414)
1,016
1,582
1,172
219
788
2,383
(251)
(2,386)
(9,864)
315
_1.677
50,501
17,373 217,352 - (5,352)
8,432
78,987
47,090
90,992
1 15,181
60,244
773,246
21,867
32,133
183,320
99,668
323,138
1 18,159
261,760
282,616
123,986
2,232,809
36,959
88,42 1
536,863
1,862
2,159
(4,760)
(1,616)
14
- 2,041
579
- 1,137
27,000
1,280,000
216,000
444,000
353,000
291,000
136,000
82,000
1 33,000
133,000
85,000
222,000
364,000
243,000
160,000
166,000
81,000
522,000
103,000
40,000
549,000
81,000
200,000
50,501
212,000
99,668
325,000
120,318
257,000
281,000
124,000
2,232,809
39,000
89,000
538,000
19,053.95 $ 2,354,264 $ 4,323,325 $ 3,572,555 $ 10,250,144 $ 78,080 $ (14,928) $ 10,313,296
OCR for page 21
SCHEDULE 1-A
Endowment and Trust Investment Funds - Financial Detail
of Funds from Inception for the Year Ended Mine 30, 1997
ENDOWMENT AND TRUST INVESTMENT POOL
Number of Cumulative
Participating Reinvestment Cumulative Total Cash and
Capital Capital of Earned Realized Pooled Short-Term Accrued
Units Contribution Income Gains Investments Investments Income
Fund
Equity
June 30,
1997
ii. IOM
Gustav O. Lienhard Award2,963.98 $ 1,200,000$ 244,985$ 102,158$ 1,547,143$ - $ (16,143) $ 1,531,000
Rhonda and Bernard G. Sarnat
International Prize in
Mental Health - - - _ _ 46,246 (21,246)25,000
2,963.98 1,200,000 244,985 102,158 1,547,143 46,246 (37,389)1,556,000
c. The National Academies' Corporation 21,935.46 11,340,737 590,683 613,358 12,544,778 - 49,22212,594,000
21,935.46 $ 1 1,340,737 $ 590,683 $ 613,358 $ 12,544,778 $ - $ 49,222$ 12,594,000
d. Woods Hole
Peter C. Cornell Fund 278.33 $ 100,000 $ 19,096 $ 33,423 $ 152,519 $ 0 $ 1,481$ 154,000
J. Erik Jonsson Woods Hole Fund 4,847.54 2,002,500 477,693 167,004 2,647,197 - 9,8032,657,000
Richard King Mellon Foundation
Fund 215.20 50,000 48,569 19,286 117,855 - 1,145119,000
Penzance Foundation Fund 1,213.65 502,500 119,088 41,411 662,999 - 4,001667,000
Woods Hole Endowment Fund 1,088.07 727,063 8,847 7,912 743,822 1,178745,000
Woods Hole Fund 45.00 12,874 8,248 3,254 24,376 - 1,62426,000
7,687.79 $ 3,394,937 $ 681,541 $ 272,290 $ 4,348,768 $ - $ 19,232$ 4,368,000
e. Proceedings of the National Academy
of Sciences
Billings Fund 590.02 $ 50,102 $ 141,406 $ 106,417 $ 297,925 $ - $ 3,075$ 301,000
590.02 $ 50,102 $ 141,406 $ 106,417 $ 297,925 $ - $ 3,075$ 301,000
2.
B. Funds Functioning as Endowment
1. NAS - Prizes and Awards
Henry G. Booker Fellowship Fund
Proceedings of the National Academy
of Sciences
Proceedings of the National Academy
of Sciences Fund
3 1.69 $
15,826 $ 2,960 $ 827 $ 19,613 $ - $ (513.00) $ 19,100
3,441.13 1,000,000 639,924 257,681 1,897,605 - 13,985 1,91 1,590
3. The National Academies' Corporation
The National Academies' Corporation
Capital Fund 1,993.741,093,66082,72046,4001,222,780-4,2201,227,000
5,466.56$ 2,109,486$ 725,604$ 304,908$ 3,139,998$ -$ 17,692$ 3,157,690
C. Restricted Contributions
1. NAS
a. Program
Basic Science Fund - Various
Slipher Fund
Prizes and Awards
Levison Memorial Fund
Richard Lounsbery Foundation Award
NAS Award for Initiatives in Research
NAS Award in Chemical Sciences
NAS Award in Scientific Reviewing
NAS Support Staff Award
b.
TOTAL
$ 1,101 $ -
-93,553
(2,553)
1,624
376
(77)
(18)
(18)
(5)
1,494(494)
1,101
91,000
2,000
(77)
(18)
(18)
(5)
1,000
o.oo $ - $ - $ - $ - $ 97,772 $ (2,789) $ 94,983
310,372.35 $ 94,153,249 $ 26,136,650 $ 41,319,765 $161,609,664 $ 235,175 $1,249,146 $163,088,043
21
OCR for page 22
SCHEDULE 1-B
Endowment arid Trust Investment Funds - Financial Detail
of Fur'ds for Current Fiscal Year
A. Endowment
1. Unrestricted
A. NAS
($ in thousands)
ENDOWMENT AND TRUST INVESTMENT POOL
Fund Fund
Equity Expenditures Equity
June 30, IncomeCapitaland June 30,
1996ContributionsEarnedGainsTransfers 1997
Agassiz Fund$ 279$ -$ 27$ 8$ (18) $ 296
Carnegie Fund19,045-1,872577(1,204) $ 20,290
Commonwealth Fund1,248-11133(69) $ 1,323
Carl Eckart Fund920219825(56) $ 1,008
Ford Foundation Fund12,524-1,087334(697) $ 13,248
Henrietta and Alexander Hollaender Fund558-4815(30) $ 591
Grayce B. Kerr Fund273-227(14) $ 288
National Academy of Sciences Reserve Fund1,036-4810(34) $ 1,060
Nealley Fund109-113(7) $ 116
Simon Ramo Fund19_2_(1) $ 20
Rockefeller Foundation Fund2,553-22369(143) $ 2,702
Dorothea and Herbert Simon Fund26620238(15) $ 302
Sloan Foundation Fund2,553-22369(143) $ 2,702
Amy Prudden Turner Fund65-614(4) $ 81
Anonymous Endowment Fund8,320-422208(445) $ 8,505
General Endowment Fund4,623-407121(260) $ 4,892
Members Endowment Fund2,39310120259(127) $ 2.628
$ 56,784$ 142$ 4,832$ 1,560$ (3,267) $ 60,052
B. IOM
General Endowment Fund$ 632$ 10$ 49$ 15
Robert Wood Johnson Foundation Fund6,441-575176
Henry J. Kaiser Family Foundation Fund516-4514
John D. and Catherine T. MacArthur Foundation Fund6,473-568174
Pharmaceutical Endowment Fund297-268
Miscellaneous - Private Sector Fund37-3
706
7,192
575
7,215
331
40
$ 14,396 $ 10 $ 1,266 $ 387 $ -$ 16,059
2. Restricted for Specific Purpose
a. Program
1L T ~
i. BAD - uuts~ce Sources
Arts in the academy Fund$ 5$ -$ 1$ - $ - $ 6
Basic Science Fund - Earth Sciences548-4514 - $ 607
Biology and Biotechnology Fund457-4113 (25) $ 486
Blakeslee Fund1,348-11635 (82) $ 1,417
Thomas Lincoln Casey Fund3,236-28789 (191) $ 3,421
Coca Cola Foundation Endowment Fund58-52 (3) $ 62
Arthur L. Day Fund7,587-685213 (460) $ 8,025
Cecil and Ida Green Fund776-6420 (44) $ 816
Global Commons Project Fund49-41 - $ 55
Houston Advanced Research Center13331- (39) $ 8
W. K. Kellogg Foundation Fund22,169-1,856576 (1,241) $ 23,360
Kobelt Fund1,011-8827 (59) $ 1,067
Andrew W. Mellon Foundation Fund1,190-10232 (65) $ 1,259
_ _
OCR for page 23
SCHEDULE 1-B
Endowment and Trust Investment Funds - Financial Detail
of Funds for Current Fiscal Year
($ in thousands)
ENDOWMENT AND TRUST INVESTMENT POOL
Fund Fund
Equity Expenditures Equity
June 30, IncomeCapitaland June 30,
1996ContributionsEarnedGainsTransfers 1997
Postemployment Benefits6052405316- $ 914
Postretirement Benefits1,68040813540- $ 2,263
Frank Press Fund for Dissemination and Outreach1,252209128(52) $ 1,339
Scientists and Engineers for the Future Fund1,086-11335(74) $ 1,160
State Street Fund224---- $ 224
$ 43,294$ 701$ 3,687$ 1,141$ (2,335) $ 46,483
ii. NAS - Members Endowment (s)
Anthropology Fund$ -$ -$ -$ - $
Board on Chemical Sciences Fund48-41- $ 53
Board on Earth Sciences Fund3---- $ 3
Board on Mathematical Sciences Fund2---- $ 2
Board on Physical Sciences Fund----- $
Board on Physics and Astronomy Fund----- $
Committee on Human Rights Fund631662- $ 87
Committee on International Security and Arms----- $
Control Fund34-31- $ 38
Committee on Life Sciences Fund13-1-- $ 14
Embryology Fund1---- $ 2
Environmental Studies Fund----- $
Math and Science Education Endowment Fund1---- $ 1
NAS Class IFund1---- $ 2
Section 14 Chemistry Discretionary Fund1611-- $ 18
The Family and Community Well-Being Fund1---- $ 2
Abel Wolman Lecture Fund0
$ 183$ 17$ 15$ 4$ - $ 222
ii. IOM
Distinguished Scholar Fund$ 18$ -$ 2$ 1$ - $ 21
Food and Nutrition Board752-6520(8) $ 829
Food and Nutrition Board Corporations Fund198-175- $ 220
Food and Nutrition Board Members Fund6-1-- $ 7
Howard Hughes Medical Institute Fund6,387-530161(296) $ 6,782
Women's Health Issues Fund$ 26-2-- $ 28
$ 7,387$ -$ 617$ 187$ (304) $ 7,887
b. Prizes and Awards
i. NAS
American Psychological Association Science
Directorate Fund
Applied Mathematics and Numerical Analysis Fund
Henryk Arctowski Fund
Bache Fund
Blaauw Fund
John J. Carty Fund
Comstock Fund
Draper Fund
31
26
1,144
207
426
345
258
136
2$ 1 $ - $ 34
1- - $ 27
10432 - $ 1,280
206 (17) $ 216
4113 (36) $ 444
309 (31) $ 353
258 - $ 29 1
113 (14) $ 136
OCR for page 24
SCHEDULE 1-B
Endowment and Trust Investment Fur'ds - Financial Detail
of Funds for Current Fiscal Year
($ in thousands)
ENDOWMENT AND TRUST INVESTMENT POOL
Fund Fund
Equity Expenditures Equity
June 30, IncomeCapitaland June 30,
1996ContributionsEarnedGainsTransfers 1997
Elliot Fund73-72- $ 82
Estes Award in Social and Behavioral Sciences137-113(18) $ 133
Gibbs Brothers Fund124-124(7) $ 133
Gibbs Fund82-72(6) $ 85
Ralph E. Gomory Award for the application of Science199-185- $ 222
Gould Fund350-3310(29) $ 364
Joseph Henry Fund233-237(20) $ 243
Alexander Hollaender Award in Biophysics144-124- $ 160
Hunsaker Fund149-134 $ 166
Hunt Fund73-62 $ 81
Kovalenko Fund467-4213 $ 522
Marsh Fund99-103(9) $ 103
George P. Merrill Fund41-11(3) $ 40
Monsanto Award in Molecular Biology519-4413(27) $ 549
Murray Fund69-93- $ 81
NAS Award for Chemistry in Service to Society198-205(23) $ 200
NAS Award in Mathematics57_2_(9) $ 50
NAS Award in Neurosciences190-175- $ 212
NAS Fund for Sciences and Technology in----- $
International Affairs90-72- $ 100
Pradel Fund292-258- $ 325
H. P. Robertson Lectureship Fund104-934 $ 120
Helen P. Smith Fund250-216(20) $ 257
Mrs. J. Lawrence Smith Fund273-248(24) $ 281
Thompson Fund101-914- $ 124
Troland Fund2,118-25033(168) $ 2,233
Waksman Award----- $
Walcott Fund39-41(5) $ 39
G. K. Warren Fund80-72- $ 89
Watson Fund482-4313- $ 538
$ 9,606$ -$ 920$ 248$ (462) $ 10,313
ii. IOM
Gustav O. Lienhard Award$ 1,369$ -$ 124$ 38$ - $ 1.531
Rhonda and Bernard G. Sarnat International
Prize in Mental Health2520$ 2_(22) $ 25
$ 1,394$ 20.00$ 126$ 38$ (22) $ 19556
c. The National Academies' Corporation
d. Woods Hole
$ 1 1,990 $ - $ 935 $ 288.0 $ (619) $ 12,594
$ 1 1,990 $ - $ 935 $ 288 $ (619) $ 12,594
Peter C. Cornell Fund$ 145$ -$ 12$ 4$ (7) $ 154
J. Erik Jonsson Woods Hole Fund2,513-20663(125) $ 2,657
Richard King Mellon Foundation Fund112-93(5) $ 119
Penzance Foundation Fund630-5216(31) $ 667
24
OCR for page 25
SCHEDULE 1-B
Endowment and Trust Investment Funds - Financial Detail
of Funds for Current Fiscal Year
($ in thousands)
ENDOWMENT AND TRUST INVESTMENT POOL
Fund Fund
Equity ExpendituresEquity
June30, IncomeCapitalandJune 30,
1996ContributionsEarnedGainsTransfers1997
Woods Hole Endowment Fund2726108(1)$ 745
Woods Hole Fund24-2--$ 26
$ 3,426$ 726$ 291$ 94$ (169)$ 4,368
e. Proceedings of the National Academy of Sciences
Billings Fund$ 268$ -$ 25$ 8$ -301
$ 268$ -$ 25$ 8$ -$ 301
B. Funds Functioning as Endowment
1. NAS - Prizes and Awards
Henry G. Booker Fellowship Fund$ 17$ -$ 1$ 1$ -$ 19
2. Proceedings of the National Academy of Sciences
Proceedings of the National Academy of Sciences Fund1,723-14444-1,912
3. The National Academies' Corporation
The National Academies' Corporation Capital Fund9072667223(41)1,227
$ 2,647$ 266$ 217$ 68$ (41)$ 3,158
C. Restricted Contributions
1. NAS
a. Program
Basic Science Fund -Various$ 1$ -$ -$ -$ -1
Slipher Fund905--(4)91
b. Prizes and Awrads
Levison Memorial Fund2----2
Richard Lounsbery Foundation Award(34)74--(117)
NAS Award for Initiatives in Research(20)20- (18)
NAS Award in Chemical Sciences(17)17--(18)
NAS Award in Scientific Reviewing(8)8--(5)
NAS Support Staff Award1----1
15$ 124$ -$ -$ (162)$ 95
TOTAL$151,390$ 2,006$ 12,931$ 4,023$ (7,381)$163,088
25
OCR for page 26
SCHEDULE 2
Endowment and Trust Investment Pool
June 30, 1997 and 1996
($ in thousands)
Investment
Income
Balance Balance Quoted Year
June 30, Net June 30, Market Ended
1996Additions Gain/ 1997 June30, June30,
(et cost)(et cost)Reductions(Loss) (et cost) 1997 1997
FIXED INCOME SECURITIES (Schedule 2-A)
Cash Equivalents $ 4,684$ 30,215$ 29,944$ 0 $ 4,955 $ 4,955 $ 131
Bonds and Notes 41,41637,55334,715(73) 44,181 44,900 2,965
Real Estate - Mortgage 13,818 756 13,061 13,061 1,165
Total Fixed Income Securities 59,91867,76865,415(73) 62,198 62,916 4,261
EQUITY SECURITIES (Schedule 2-B) 90,29321,50616,4744,096 99,421 168,932 8,783
TOTAL POOLED INVESTMENTS $ 150,211$ 89,274$ 81,889$ 4,023 $161,619 $231,848 $13,044
Less: Investment Advisory Fees (113)
Net Investment Income $ 12,931
Reductions from Sales, Redemptions, or Pay-off of Mortgage
26
OCR for page 27
SCHEDULE 2-A
Endowment and Trust Investment Pool - Fixed Income Securities
June 30, 1997
($ in thousands)
Interest Principal Quoted
Rate Maturity AmountCostMarket
CASH EQUIVALENTS
Bankers Trust Investment Fund Demand $ (3)$ (3)$ (3)
Fidelity Money Market Trust Variable(l) Demand 4,9584,9584,958
TOTAL CASH EQUIVALENTS $ 4,955$ 4,955$ 4,955
BONDS AND NOTES
BZW Barclay's U.S. Debit Index Fund B Variable (2) Demand$ 31,929$ 31,929$ 32,772
MAS High Yield Bond Fund Variable(3) Demand3,0763,0763,340
T. Rowe Price International Bond Fund Variable (4) Demand2,8032,8032,840
Scudder International Bond Fund Variable (5) Demand3,1013,1012,763
State Street Bank Demand277277156
Vanguard High Yield Corporate Variable (6) Demand2,9952,9953,029
TOTAL BONDS AND NOTES $ 44,181$ 44,181$ 44,900
REAL ESTATE - MORTGAGE
Bank of New York 9.125%$ 10,724$ 10,724 $ 10,724
Bank of New York 9.125%2,3372,337 $ 2,337
TOTAL REAL ESTATE - MORTGAGE
Current yield on June 30, 1997:
(1) 5.41% (4) 5.14%
(2) 8.11% (5) 4.47%
(3) 6.79% (6) 8.54%
27
OCR for page 28
SCHEDULE 2-B
Endowment and Trust Investment Pool- Equity Securities
June 30, 1997
($ in thousands)
Number
of Shares
Cost
Quoted
Market
Jones and Babson Enterprise Fund
BEA Emerging Market Fund
Belmont II Limited Partners
Berkshire Hathaway, Inc.
Capital International Emerging Market Fund
Chiron Corporation
Insurance Partners, L.P.
Scudder International Fund
Templeton Emerging Market Fund
Templeton Foreign Equity Series
Vanguard Index Extended Market
Vanguard Institutional Index Fund
Vanguard International European Portfolio
Vanguard International Pacific Portfolio
Vanguard International Growth Portfolio
Vanguard International Value
Vanguard Small Capitalization Portfolio
Vanguard Windsor Fund
Partnership Interest-New Enterprise Associates
TOTAL EQUITY SECURITIES
Short-Term Investments
June 30, 1997
Type and Description
s3s,296
90,373
271
30s
7s,026
2,439
333,340
87,083
140,295
661,651
401,763
783,003
21,779
124,829
297,463
106,764
s26,433
997,38s
$ $8,039
,466
271
,333
,330
20s
333
3,196
1,427
7,215
7,267
31,419
,523
1,507
3,248
3,043
9,910
6,076
612
$ 10,203
,922
781
4,396
2,s76
204
333
4,709
2,08s
2,186
11,587
64,488
2,315
1,412
5,708
3,220
,834
8,831
142
$ 99,421 $ 168,932
SCHEDULE 3
($ in thousands)
Interest
Rate
Cost
Merganser Capital Management Corporation
NASA Federal Credit Union
TOTAL SHORT-TERM INVESTMENTS
Current yield on June 30, 1997:
(1) 5.97%
28
Variable ( 1 )
5.15%
$ 26,817
100
$ 26,917
Representative terms from entire chapter:
foundation fund
