Report of the Treasurer to the Council for the Year Ended December 31, 2004 (2005)

Agassiz Fund – Bequest of Alexander Agassiz, a member of the Academy.

$ 50,000

Carnegie Fund – Balance of the original gift of $5,000,000 from 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.

3,275,000

Commonwealth Fund – A grant of the Commonwealth Fund for capital endowment of the Academy.

500,000

Carl Eckart Fund – Bequest of Carl Eckart received for the general purposes of the Academy.

1,246,323

Ford Foundation Fund – A grant of the Ford Foundation for capital endowment of the Academy.

5,000,000

Henrietta and Alexander Hollaender Fund – A bequest to the Academy from Dr. Alexander and Mrs. Henrietta Hollaender.

500,000

Grayce B. Kerr Fund – A grant from Grayce B. Kerr for the general purposes of the Academy.

250,000

Nealley Fund – Bequest of George True Nealley for the general purposes of the Academy.

19,556

Simon Ramo Fund – A gift from Simon Ramo for the general purposes of the Academy.

14,000

Rockefeller Foundation Fund – A grant of the Rockefeller Foundation to the National Academy of Sciences for the general purposes of the Academy.

1,000,000

Dorothea and Herbert Simon Fund – A gift from Dorothea and Herbert Simon for the general purposes of the Academy.

644,616

Sloan Foundation Fund – A grant of the Alfred P. Sloan Foundation for the general purposes of the Academy.

1,000,000

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.

29,662

Anonymous Endowment Fund – A gift for the general purposes of the Academy from a donor who wishes to remain anonymous.

7,146,660

General Endowment Fund – Bequest of David Lloyd Fillman and others for the general purposes of the Academy. By action of the Council, the International Critical Tables were transferred into this fund during fiscal year 1976, and proceeds from the sale of the Audubon Folios were transferred in fiscal year 1981.

3,152,095

Members Endowment Fund – Contributions from various members to be used for the general purposes of the Academy.

2,620,538

Subtotal: NAS Unrestricted Endowment

$ 26,448,450

General Endowment Fund – Contributions from various sources, including members of the Institute of Medicine, for capital endowment of the Institute of Medicine.

$ 1,098,329

Robert Wood Johnson Foundation Fund – An endowment grant, the income from which is to be used for core support of the Institute of Medicine.

5,000,000

Institute of Medicine Kellogg Fund – A grant from the Kellogg Foundation to be used for the general purposes of the Institute of Medicine.

282,500

Institute of Medicine Members’ Dues

197,500

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 the transfer of $250,000 as a matching contribution to the endowment contribution to the Institute of Medicine’s Food and Nutrition Board.

488,485

John D. and Catherine T. MacArthur Foundation Fund – A grant to be used exclusively as an endowment to the Institute of Medicine, the income from which is restricted to the general purposes of the Institute.

5,005,000

Pharmaceutical Discretionary Fund – A grant from W. K. Kellogg to further the Institute of Medicine’s long–range program development.

480,000

Pharmaceutical Endowment Fund – Contributions of $250,000 over a period of five years from Glaxo, Inc., and $10,000 from Eli Lilly Company, the income from which is to be used for the general purposes of the Institute of Medicine.

259,448

Miscellaneous Private Sector Fund – Contributions from Kaiser Permanente to be used for core support requirements of the Institute of Medicine.

26,346

Subtotal: IOM Unrestricted Endowment

$ 12,837,608

Arts in the Academy Fund – Contributions from various sources for sponsoring free cultural programs of merit for local residents and for providing a platform for musicians and artists.

$ 3,934

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.

503,222

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–disciplinary aspects and those involving the interface of science, technology, and commerce and used for dissemination and outreach efforts that seek to inform policymakers about the findings of the results.

420,232

Blakeslee Fund – Bequest of Albert Francis Blakeslee, the income from which is to be used in support of genetics research.

886,902

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 engineering in all its applications.

258,081

The Coca–Cola Foundation Fund – A grant to be used for initiatives in precollege science and mathematics education.

50,000

Henry and Bryna David Endowment – A bequest of Henry and Bryna David for the establishment and funding of the Henry and Bryna David Endowment to support the communication of insights and discoveries from the social and behavioral sciences to policy makers and other decision makers to promote informed public policy and staff development through various Academy activities.

850,000

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.

5,047,846

Cecil and Ida Green Fund – A gift from Cecil and Ida Green to be used to support activities dedicated to improving the quality of life of our people.

467,256

Global Commons Project Fund

39,058

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 program areas such as enhancing the quality of U.S. education, assuring access to quality health care, assessing the role of biotechnology in the future of agriculture, and similar issues as they arise.

20,000,000

Kobelt Fund – Bequest of Nina I. Kobelt to be used for research scholarships for worthy students.

296,593

Andrew W. Mellon Foundation Fund – A grant from the Andrew W. Mellon Foundation to endow a program of Academy–initiated studies.

1,000,000

George and Cynthia Mitchell Endowment for Sustainability Sciences – Contribution from the George and Cynthia Mitchell Foundation to be held and used by the Academy in perpetuity to guide academic, government and other institutions in the development of sustainability science and to encourage the world’s business community to apply knowledge from this new field in business practices.

6,000,000

George and Cynthia Mitchell Matching Endowment – Contributions from public and private sources to be used to support the same purposes as the original George and Cynthia Mitchell Endowment for sustainability Sciences. Also, to raise funds to be eligible for a matching gift from George and Cynthia Mitchell.

32,950

New Canaan Library Fund – Contribution from the Board of the New Canaan Library to permanently maintain a current National Academies book collection in honor of Dr. H.R. Shepherd at their library.

4,000

Kumar and Shela Patel Endowment for US–India Dialogs – To support US–India scientific and technical communication and dialog through various Academy activities.

600,000

Frank Press Fund for Dissemination and Outreach – Established with contributions from members of the Presidents’ Circle of the NAS, NAE, and the IOM, the income from the fund is to support a variety of dissemination and outreach activities that seek to share the Academy’s complex knowledge and resources with the policy making community and the general public.

1,167,255

Arthur M. Sackler Colloquia of the National Academy of Sciences Fund – A gift from Mrs. Arthur M. Sackler to endow a series of scientific symposia that promote interaction among world–class researchers in rapidly advancing scientific fields.

3,125,000

Scientists and Engineers for the Future Fund – Contribution from an individual 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.

1,000,000

NAS Members Endowment(s) – Additional member contributions that have been designated for special purposes, such as the Board on Chemical Sciences Fund, the Committee on Human Rights Fund, the Committee on International Security and Arms Control Fund, and the Section 14 Chemistry Discretionary Fund.

60,966

Subtotal: NAS Restricted Program

$ 41,813,295

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 initiatives.

$ 16,550

Consequences of Uninsurance

6,795

Dissemination Activities

84,195

Food and Nutrition Board (FNB) Fund – Grant of $250,000 to the Institute of Medicine as a contribution to the endowment fund to support core activities of the Food and Nutrition Board. This award was contingent on the Institute of Medicine transferring a matching amount from the 1986 unrestricted contribution from the Kaiser family for general core support of the Institute. Further contributions to the FNB endowment would be matched by one dollar from the earlier grant for every two dollars of new contributions.

525,000

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 members to be used for general purposes of the Food and Nutrition Board.

4,800

David and Betty Hamburg Endowment Fund – Contributions from various individuals in support of communication/dissemination programs, collaborations among key public health stakeholders, and forward–looking studies. This fund honors former IOM president David Hamburg and his wife, colleague, and longtime NRC participant Beatrix Hamburg.

405,000

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.

5,000,000

Improving Health Policy Communication

11,675

Kellogg Health of the Public Fund – Contribution for the establishment of the Kellogg Health of the Public Fund, an endowment which shall be held and used by the National Academy of Sciences to advance the Institute of Medicine's capacity to contribute to the improvement of the health of America’s communities.

2,500,000

Kellogg Health of the Public Fund Matching Contributions – In response to the Kellogg challenge grant to match dollar for dollar up to $2.5 million to support communication and outreach activities now and for future projects.

404,747

Richard and Hinda Rosenthal Lecture Series – Through the generosity of the Richard and Hinda Rosenthal Foundation, a lecture series was established in 1988. In 2000, the Richard and Hinda Rosenthal Lecture Series was endowed at the Institute of Medicine of the National Academy of Sciences to bring greater attention to some of the critical health policy issues facing the country.

800,000

Women’s Health Issues Fund – Contribution from Syntex (U.S.A.), Inc., to be used for purposes related to women’s health issues.

20,000

Subtotal: IOM Restricted Program

$ 9,903,762

American Psychological Association (APA) Science Directorate Fund – A gift from the APA to conduct activities that will help inform the public of the knowledge base, value, and importance of behavioral science research.

$ 30,000

Applied Mathematics and Numerical Analysis Fund – Gift of the International Business Machines Corporation to support the NAS award in Applied Mathematics and Numerical Analysis by an award of $5,000 approximately every three years. The fund principal is not restricted.

–

Henryk Arctowski Fund – Bequest of Jane Arctowski in memory of her husband Henryk Arctowski, for the promotion and study of solar activity changes of short or long duration and their effects upon the ionosphere and terrestrial atmosphere.

95,736

Bache Fund – Bequest of Alexander Dallas Bache, a member of the Academy, to aid research in the physical and natural sciences.

60,000

Blaauw Fund – Bequest of Marianne Blaauw to establish the Edmond and Marianne Blaauw Fund to support research in the field of ophthalmology.

71,299

John J. Carty Fund – Gift of the American Telephone and Telegraph Company in recognition of the distinguished achievements of John J. Carty and as a lasting testimonial of the love and esteem in which he was held by his many thousands of associates in the Bell System, for a gold medal and award for noteworthy and distinguished accomplishments in any field of science.

25,000

Comstock Fund – Gift of General Cyrus B. Comstock, a member of the Academy, to promote research in electricity, magnetism, or radiant energy through the Comstock Prize to be awarded for notable investigations.

10,400

Draper Fund – Gift of Mrs. Henry Draper in memory of her husband, a former member of the Academy, to found the Henry Draper Medal to be awarded for notable investigations in astronomical physics; the balance of income is applied to aid research in this science.

6,000

Elliot Fund – Gift of Margaret Henderson Elliot to found the Daniel Giraud Elliot Gold Medal and Honorarium for the most meritorious work on zoology and paleontology published in each year.

8,000

Estes Award in Social and Behavioral Sciences – A gift from William K. and Katherine W. Estes to be used initially for an award relating to contributions to the prevention of nuclear war. After several awards are given for this purpose, the remaining money will be set aside for use by the Division of Behavioral and Social Sciences and Education.

79,849

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.

24,000

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 promotion of research in chemistry.

5,173

Ralph E. Gomory Award for the Application of Science – A grant from the International Business Machines Corporation for an award to be given in honor of Ralph Gomory.

179,046

Gould Fund – Gift of Mrs. Alice Bache Gould in memory of her father, former member of the Academy, for the promotion of research in astronomy, bequest of $20,000 from the estate of Alice Bache Gould received in 1954, and bequest of $10,000 from the estate of Elizabeth Chandler Hockley received in 1979.

50,000

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.

39,740

Alexander Hollaender Award in Biophysics – A bequest of Alexander Hollaender, the income from which is to be used to provide a prize to an outstanding biophysicist. The prize is to be given at the Annual Meeting of the Academy, with selection of the recipient at the Academy’s discretion.

100,000

Hunsaker Fund – Gift of Mr. and Mrs. J. C. Hunsaker to found an Academy award in the field of aeronautical engineering.

24,750

Franklin Livingston Hunt Fund – Bequest of Franklin Livingston Hunt to aid 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 accomplishment in scientific research.

10,465

Kovalenko Fund – Gift of Michael S. Kovalenko, in memory of his wife, to found the Jessie Stevenson Kovalenko Gold Medal for meritorious research in medical sciences.

60,748

Marsh Fund – Bequest of Othniel Charles Marsh, a member of the Academy, to promote original research in the natural sciences.

10,000

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.

10,000

Monsanto Award in Molecular Biology – A grant from the Monsanto Company for an award to be given in recognition of contributions in the field of molecular biology.

421,374

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.

6,000

National Academy of Sciences Award for Chemistry in Service to Society – Established by the E. I. DuPont de Nemours & Company to recognize contributions to chemistry, whether in fundamental science or its applications, that clearly satisfy a societal need. Given in alternate years to chemists working in industry, academia, government, and nonprofit organizations.

181,838

National Academy of Sciences Award in Mathematics – Established by the American Mathematical Society for a prize to be awarded every four years in mathematics.

53,597

National Academy of Sciences Award in Chemical Sciences – An annual award currently sponsored and endowed by The Merck Company Foundation to recognize distinction in research and broad fundamental impact in pure chemistry. This award was originally established by the Occidental Petroleum Corporation in honor of Armand Hammer.

478,277

National Academy of Sciences Award in Neuroscience – Established by the Fidia Research Foundation for an award in neuroscience, to be given every three years.

140,206

National Academy of Sciences Fund for Sciences and Technology in International Affairs – Contributions from Cecil and Ida Green, J. Erik Jonsson, Jerome B. Wiesner, and Academy sources to establish the National Academy of Sciences Fund for Sciences and Technology in International Affairs in honor of Walter A. Rosenblith.

49,119

Pradel Fund – A bequest of Jules Pradel to be applied to work on the human central nervous system and allied subjects.

16,392

H. P. Robertson Lectureship Fund – Contributions by friends of H. P. Robertson, 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.

20,325

Helen P. Smith Fund – A bequest of Helen P. Smith in memory of her husband, Gilbert Morgan Smith, to establish a triannual medal and honorarium to be conferred in recognition of published research in marine and freshwater algae.

67,107

Mrs. J. Lawrence Smith Fund – Gift of Mrs. J. Lawrence Smith in memory of her husband, a former member of the Academy, to found the J. Lawrence Smith Gold Medal to be awarded for important investigations of meteoric bodies and to assist, by grants of money, research concerning such objects.

8,000

Thompson Fund – Gift of Mrs. Mary Clark Thompson for a gold medal of appropriate design, to be known as the Mary Clark Thompson Gold Medal, to be awarded for important services to geology and paleontology.

10,000

Troland Fund – Bequest of Leonard T. Troland to be known as the Troland Foundation for Research in Psychophysics. The income is to be expended with a view to the actual advancement of scientific knowledge in the field of psychophysics.

505,359

Waksman Fund – Gift of the Foundation for Microbiology for an award of $5,000 every two 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.

10,000

Walcott Fund – Gift of Mrs. Mary Vaux Walcott in honor of her husband, a former member and president of the Academy, for the award of medals and honoraria to persons, the results of whose published research, explorations, and discoveries of pre–Cambrian or Cambrian life and history shall be judged most meritorious; the award is to be known as the Charles Doolittle Walcott Medal.

5,000

G. K. Warren Fund – Gift of Miss Emily B. Warren in memory of her father, a member of the Academy, the income from which is to be used for an award to be known as the G. K. Warren Prize in any field of science.

15,000

Watson Fund – Bequest of James Craig Watson, a member of the Academy, for the promotion of astronomical sciences through the award of the Watson Gold Medal and grants of money in aid of research.

25,000

Subtotal: NAS Prizes and Awards

$ 2,912,800

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 recognition 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 individual, group, or organization for distinguished accomplishments in the field of mental health.

1,009,179

Subtotal: IOM Prizes and Awards

$ 2,209,179

3. The National Academies’ Corporation (TNAC) Restricted Endowment – An endowment from the Arnold and Mabel Beckman Foundation for operating and program uses. The Beckman endowment is invested by the NAS on behalf of TNAC.

$ 12,112,013

Peter C. Cornell Trust Fund – To memorialize Detlev W. Bronk, former member and president of the Academy, for his contributions to science and the nation and to recognize the leadership and notable accomplishments of John S. Coleman as a member of the Academy’s staff. The gift may be fully expended for its intended purpose.

$ 100,000

J. Erik Jonsson Woods Hole Fund – A gift for the 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.

502,500

Woods Hole Endowment – Contributions from the Brown Foundation and various individuals for maintenance of the Woods Hole Study Center.

970,400

Woods Hole Fund – Contributions from various individuals for maintenance of the Woods Hole Study Center.

12,874

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.

50,000

Subtotal: Woods Hole Restricted Endowment

$ 3,638,274

Billings Fund – Bequest of Mrs. Mary Ann Palmer Draper (Mrs. Henry Draper) to support publication of the Proceedings of the National Academy of Sciences or for other purposes to be determined by the Academy.

$ 50,102

National Academy of Sciences Reserve Fund – Accumulated surplus from prior years’ NAS General Fund operating budget. The reserve provides additional funding for ongoing operations during periods of market decline.

$ 1,931,130

IOM Reserve Fund – Unexpended balance earned on endowment based on IOM Council spending plan. The IOM reserve permits the effective management of unanticipated financial emergencies.

500,000

TRB Reserve Fund – Holds income in excess of expenditures for TRB core support activities in a fiscal year. This fund is used to cover temporary shortfalls and extraordinary one–time expenditures.

1,500,000

Subtotal: Funds Functioning as Endowment, Unrestricted

$ 3,931,130

Postemployment Benefits – NAS assets set aside to fund the Academy’s postemployment benefit liability calculated at the end of each year.

$ 700,000

Henry G. Booker Fellowship Fund – Contributions from various individuals to provide a travel grant to one young American radio scientist to attend each International Union of Radio Science Assembly as a Henry G. Booker Fellow.

19,825

Marian Koshland Science Museum Fund – Contributions from Dr. Daniel E. Koshland, Jr. and the Koshland Foundation to fund the operation and activities of the museum for the purpose of extending the resources of the National Academies and increasing public understanding of the nature and value of science. Dr. Koshland’s original commitment of $30 million was completed in 2004. The gift was used to fund the museum’s opening in April 2004 and ongoing operations until November 2004, when the remainder was invested in the Endowment Pool.

22,786,243

National Science Resources Center Fund – Funded by royalty revenues from elementary and middle school science kits developed by the National Science Resources Center. Funds will be used to provide core support of NSRC programs to enhance and improve the learning and teaching of science in domestic and international schools.

3,395,238

Proceedings of the National Academy of Sciences Fund

1,000,000

TNAC Capital Fund

1,595,306

U.S. National Committee for the International Astronomical Union (USNC/IAU) Fund – Contributions from USNC/IAU to provide funds in support of participation by U.S. astronomers in the activities of the International Astronomical Union Triennial General Assemblies.

100,000

Subtotal: Funds Functioning as Endowment, Restricted for a Specific Purpose

$ 29,596,612

Grand Total

$145,453,225

Agassiz Fund

$ 50

$ 465

$ -

$ 60

$ (23)

$ 502

Carnegie Fund

3,275

32,058

-

4,078

(1,470)

34,666

Commonwealth Fund

500

2,063

-

260

(91)

2,232

Carl Eckart Fund

1,246

2,113

-

278

(95)

2,296

Ford Foundation Fund

5,000

20,307

-

2,584

(915)

21,976

Henrietta and Alexander Hollaender Fund

500

906

-

114

(40)

980

Grayce B. Kerr Fund

250

448

-

56

(19)

485

Nealley Fund

19

184

-

23

(8)

199

Simon Ramo Fund

14

30

-

4

(1)

33

Rockefeller Foundation Fund

1,000

4,122

-

526

(188)

4,460

Dorothea and Herbert Simon Fund

645

870

58

119

(31)

1,016

Sloan Foundation Fund

1,000

4,106

-

529

(188)

4,447

Amy Prudden Turner Fund

30

108

-

10

(5)

113

Anonymous Endowment Fund

7,147

13,179

-

1,667

(582)

14,264

General Endowment Fund

3,152

7,485

-

958

(344)

8,099

Members Endowment Fund

2,620

4,277

99

540

(186)

4,730

$ 26,448

$ 92,721

$ 157

$ 11,806

$ (4,186)

$ 100,498

General Endowment Fund

$ 1,098

$ 1,575

$ 57

$ 203

$ (69)

$ 1,766

Robert Wood Johnson Foundation Fund

5,000

9,703

-

1,201

(240)

10,664

IOM Kellogg Fund

283

344

-

46

-

390

IOM Members Dues

198

241

-

32

-

273

Henry J. Kaiser Family Foundation Fund

489

796

-

97

(53)

840

John D. and Catherine T. MacArthur Foundation Fund

5,005

10,115

5

1,275

(709)

10,686

Pharmaceutical Discretionary Fund

480

586

-

78

-

664

Pharmaceutical Endowment Fund

259

474

-

55

(28)

501

Miscellaneous Private Sector Fund

26

281

-

7

(225)

63

$ 12,838

$ 24,115

$ 62

$ 2,994

$ (1,324)

$ 25,847

Arts in the Academy Fund

$ 4

$ 12

$

$ 1

$

$ 13

Basic Science Fund - Earth Sciences

503

993

3

128

(45)

1,079

Biology and Biotechnology Fund

420

718

89

(30)

777

Blakeslee Fund

887

2,111

265

(99)

2,277

Thomas Lincoln Casey Fund

258

5,107

637

(205)

5,539

Coca-Cola Foundation Fund

50

90

11

(3)

98

Henry and Bryna David Endowment

850

968

128

(3)

1,093

Arthur L. Day Fund

5,048

14,297

1,794

(589)

15,502

Cecil and Ida Green Fund

467

1,201

156

(55)

1,302

Global Commons Project Fund

39

110

14

124

W. K. Kellogg Foundation Fund

20,000

34,220

4,276

(1,373)

37,123

Kobelt Fund

297

1,582

-

203

(74)

1,711

Andrew W. Mellon Foundation Fund

1,000

1,391

-

172

(58)

1,505

George and Cynthia Mitchell Endowment for Sustainability Sciences

6,000

4,676

2,000

865

(132)

7,409

George and Cynthia Mitchell Matching Endowment

33

25

10

2

(18)

19

New Canaan Library Fund

4

-

4

4

-

8

Kumar and Shela Patel Endowment for US-India Dialogs

600

645

-

80

(25)

700

Frank Press Fund for Dissemination and Outreach

1,167

1,862

17

241

(82)

2,038

Arthur M. Sackler Colloquia Fund

3,125

2,801

625

394

-

3,820

Scientists and Engineers for the Future Fund

1,000

1,404

-

174

(66)

1,512

NAS Members Endowment(s)

61

606

-

26

(420)

212

State Street Fund

-

126

-

-

(126)

-

$ 41,813

$ 74,945

$ 2,659

$ 9,660

$ (3,403)

$ 83,861

Distinguished Scholar Fund

$ 16

$ 220

$ -

$ 6

$ (174)

$ 52

Consequences of Uninsurance

7

7

-

1

-

8

Dissemination Activities

84

97

-

13

-

110

Food and Nutrition Board Fund

525

1,155

-

141

(65)

1,231

Food and Nutrition Board Corporations Fund

125

306

-

37

(12)

331

Food and Nutrition Board Members F

5

16

-

2

-

18

Hamburg Endowment Fund

405

-

405

47

-

452

Howard Hughes Medical Institute Fund

5,000

11,286

-

1,467

(205)

12,548

Improving Health Policy Communication

12

11

2

2

-

15

Kellogg Health of the Public Fund

2,500

2,765

-

369

(1)

3,133

Kellogg Health of the Public Fund Matching Contributions

405

-

405

43

-

448

Richard and Hinda Rosenthal Lecture Series

800

700

200

121

(12)

1,009

Women’s Health Issues Fund

20

54

-

7

-

61

$ 9,904

$ 16,617

$ 1,012

$ 2,256

$ (469)

$ 19,416

American Psychological Association Science Directorate Fund

$ 30

$ 52

$

$ 6

$

$ 58

Henryk Arctowski Fund

96

2,406

-

323

(1)

2,728

Bache Fund

60

330

-

40

(15)

355

Blaauw Fund

71

712

-

87

(33)

766

John J. Carty Fund

25

647

-

84

(30)

701

Comstock Fund

11

581

-

73

(18)

636

Draper Fund

6

256

-

34

-

290

Elliot Fund

8

152

-

17

(16)

153

Estes Award in Social and Behavioral Sciences

80

210

-

28

-

238

Gibbs Brothers Fund

24

212

-

28

-

240

Gibbs Fund

5

127

-

16

(6)

137

Ralph E. Gomory Award for the Application of Science

179

397

-

52

-

449

Gould Fund

50

591

-

72

(27)

636

Joseph Henry Fund

40

386

-

47

(18)

415

Alexander Hollaender Award in Biophysics

100

263

-

31

(21)

273

Hunsaker Fund

25

312

-

41

-

353

Franklin Livingston Hunt Fund

11

158

-

21

-

179

Kovalenko Fund

61

996

1

131

(28)

1,100

Marsh Fund

10

169

-

21

(8)

182

George P. Merrill Fund

10

508

-

49

(3)

554

Monsanto Award in Molecular Biolog

421

891

-

113

(25)

979

Murray Fund

6

154

-

18

(16)

156

NAS Award for Chemistry in Service to Society

182

314

-

42

-

356

NAS Award in Mathematics

54

58

-

7

(7)

58

NAS Award in Chemical Sciences

478

459

-

60

(17)

502

NAS Award in Neurosciences

140

387

-

48

(27)

408

NAS Fund for Sciences and Technology in International Affairs

49

196

-

26

-

222

Pradel Fund

16

1,156

-

132

-

1,288

H. P. Robertson Lectureship Fund

20

210

-

28

-

238

Helen P. Smith Fund

67

467

-

62

-

529

Mrs. J. Lawrence Smith Fund

8

511

-

68

-

579

Thompson Fund

10

196

-

27

-

223

Troland Fund

505

3,466

-

435

(107)

3,794

Waksman Award

10

-

-

-

-

-

Walcott Fund

5

64

-

10

-

74

G. K. Warren Fund

15

146

-

19

-

165

Watson Fund

25

1,036

-

134

(53)

1,117

$ 2,913

$ 19,176

$ 1

$ 2,430

$ (476)

$ 21,131

Gustav O. Lienhard Award

$ 1,200

$ 3,044

$

$ 395

$ (3)

$ 3,436

Rhonda and Bernard G. Sarnat International Prize in Mental Health

1,009

1,248

-

167

(1)

1,414

$ 2,209

$ 4,292

$ -

$ 562

$ (4)

$ 4,850

$ 12,112

$ 17,771

$ -

$ 2,299

$ (806)

$ 19,264

$ 12,112

$ 17,771

$ -

$ 2,299

$ (806)

$ 19,264

Peter C. Cornell Trust Fund

$ 100

$ 221

$ -

$ 28

$ (10)

$ 239

J. Erik Jonsson Woods Hole Fund

2,002

3,826

-

488

(174)

4,140

Penzance Foundation Fund

503

961

-

122

(43)

1,040

Woods Hole Endowment Fund

970

1,104

2

142

(51)

1,197

Woods Hole Fund

13

34

-

4

(1)

37

Richard King Mellon Foundation Fund

50

162

-

20

(6)

176

$ 3,638

$ 6,308

$ 2

$ 804

$ (285)

$ 6,829

Billings Fund

$ 50

$ 614

$ -

$ 82

$ -

$ 696

$ 50

$ 614

$ -

$ 82

$ -

$ 696

National Academy of Sciences Reserve Fund

$ 1,931

$ 1,983

$ -

$ 184

$ (500)

$ 1,667

IOM Reserve Fund

500

591

-

80

-

671

TRB Reserve Fund

1,500

1,803

-

201

(300)

1,704

Due to National Academy of Sciences

-

-

-

-

50

50

$ 3,931

$ 4,377

$ -

$ 465

$ (750)

$ 4,092

Postemployment Benefits

$ 700

$ 1,062

$ -

$ 122

$ -

$ 1,184

Henry G. Booker Fellowship Fund

20

40

-

5

-

45

Marian Koshland Science Museum Fund

22,786

22,786

1,699

(559)

23,926

National Science Resources Center Fund

3,395

-

3,395

388

(1)

3,782

Proceedings of the National Academy of Sciences Fund

1,000

3,343

-

444

(1)

3,786

TNAC Capital Fund

1,596

2,338

-

290

(101)

2,527

USNC/IAU

100

118

-

16

-

134

$ 29,597

$ 6,901

$ 26,181

$ 2,964

$ (662)

$ 35,384

$ 145,453

$ 267,837

$ 30,074

$ 36,322

$ (12,365)

$ 321,868

Market Value at 12/31/03

$ 267,837

Realized Capital Gains

4,015

Unrealized Capital Gains

26,484

Reinvested Income

5,823

Contributions

30,074

Expenditures and Transfers

(12,365)

Market Value at 12/31/04

$ 321,868

Alcoa Inc.

$ 6

Berkshire Hathaway A

27,073

Berkshire Hathaway B

26

Biotech Index

2,226

Price Science & Tech

3,352

Putnam New Opp.

4,645

Vanguard Index 500

26,693

Vanguard Windsor

30,427

$ 94,448

Scudder International

$ 4,692

Templeton Foreign

16,259

Vanguard European

12,081

Vanguard Pacific

7,989

Vanguard Intl. Growth

9,279

Vanguard Intl. Value

8,979

$ 59,279

Morgan Stanley

$ 3,152

PIMCO

19,374

Price International

3,267

Scudder International

2,745

Vanguard High Yield

5,240

Other

318

$ 34,096

Cash Equivalents

$ 2,253

Tamarack Enterprise

$ 16,860

Third Avenue Value

11,873

Vanguard Extended

17,222

Vanguard Small

14,482

$ 60,437

Capital International

$ 10,194

Templeton Emerging

11,424

$ 21,618

Commonfund

$ 11,862

GT Offshore

6,551

Ironwood

6,828

Man-Glenwood

116

Medallion

347

$ 25,704

Dow Jones RE Index

$ 3,166

Green Bldg Mortgages

4,555

Residential Property

3,756

Third Avenue RE Fund

3,144

$ 14,621

Private Placements

9,412$

GRAND TOTAL

321,868$