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REPORT OF THE TREASURER TO THE COUNCIL OF THE NATIONAL ACADEMY OF SCIENCES For the Year Ended December 31, 2001
Contents Page Treasurerâs Statement 1 I. Investments 7 Endowment and Trust Investment Funds â Description of Funds for the Year Ended December 31, 2001 Schedule 1 8 Endowment and Trust Investment Funds â Financial Detail of Funds from Inception To December 31, 2001 Schedule 1-A 18 Financial Detail of Funds for the Year Ended December 31, 2001 Schedule 1-B 22 Endowment and Trust Investment Funds â Summary by Asset Class Schedule 2 26 Endowment and Trust Investment Funds â Fixed-Income Securities Schedule 2-A 27 Endowment and Trust Investment Funds â Equity Securities Schedule 2-B 28 II. Private Contributions 29 III. Financial Condition 39 Report of the Auditing Committee of the National Academies 40 Independent Auditorâs Report 41 Statement of Financial Position 42 Statement of Activities 43 Statement of Cash Flows 44 Notes to the Financial Statements 45 iii