. "I. Investments." Report of the Treasurer to the Council of the National Academy of Sciences for the Year Ended December 31, 2004. Washington, DC: The National Academies Press, 2005.
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Report of the Treasurer to the Council of the National Academy of Sciences
Endowment and Trust Investment Funds – Description of Funds for the Year Ended December 31, 2004
Capital Contribution Column 1 of Schedule 1–A
I. ENDOWMENT
A. Unrestricted
1. NAS Unrestricted Endowment
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
2. IOM Unrestricted Endowment
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
For endowment contributions, the capital is typically restricted and the income is unrestricted.