Endowment, Trust, and Other Long-term Investments Pool Financial Detail of Funds for the Year Ended December 31, 2009
|
(Dollars in thousands) |
|||||
|
Capital Contributions as of Dec. 31, 2009 |
Market Value at Dec. 31, 2008 |
2009 Contributions |
2009 Investment Gain |
2009 Expenditures & Transfers |
Market Value at Dec. 31, 2009 |
I. Funds that Support the NAS |
|
|
|
|
|
|
A. General Fund |
|
|
|
|
|
|
Agassiz Fund |
$ 50 |
$ 411 |
$ - |
$ 99 |
$ (30) |
$ 480 |
Carnegie Fund |
3,275 |
28,451 |
- |
6,787 |
(2,057) |
33,181 |
Commonwealth Fund |
500 |
1,847 |
- |
441 |
(134) |
2,154 |
Carl Eckart Fund |
1,246 |
1,880 |
- |
449 |
(136) |
2,193 |
Ford Foundation Fund |
5,000 |
18,156 |
- |
4,332 |
(1,311) |
21,177 |
Henrietta and Alexander Hollaender Fund |
500 |
811 |
- |
193 |
(58) |
946 |
Grayce B. Kerr Fund |
250 |
403 |
- |
96 |
(29) |
470 |
Nealley Fund |
19 |
163 |
- |
39 |
(12) |
190 |
Simon Ramo Fund |
14 |
28 |
- |
6 |
(2) |
32 |
Rockefeller Foundation Fund |
1,000 |
3,682 |
- |
878 |
(266) |
4,294 |
Dorothea and Herbert Simon Fund |
645 |
843 |
- |
201 |
(61) |
983 |
Sloan Foundation Fund |
1,000 |
3,669 |
- |
876 |
(265) |
4,280 |
Amy Prudden Turner Fund |
30 |
94 |
- |
22 |
(7) |
109 |
Anonymous Endowment Fund |
7,147 |
11,797 |
- |
2,814 |
(851) |
13,760 |
General Endowment Fund |
3,606 |
6,665 |
- |
1,565 |
(501) |
7,729 |
Members Endowment Fund |
2,723 |
4,359 |
6 |
1,067 |
(284) |
5,148 |
|
$ 27,005 |
$ 83,259 |
$ 6 |
$ 19,865 |
$ (6,004) |
$ 97,126 |
B. Woods Hole |
|
|
|
|
|
|
Peter C. Cornell Trust Fund |
$ 100 |
$ 197 |
$ - |
$ 47 |
$ (14) |
$ 230 |
J. Erik Jonsson Woods Hole Fund |
2,003 |
3,415 |
- |
811 |
(248) |
3,978 |
Richard King Mellon Foundation Fund |
50 |
144 |
- |
35 |
(11) |
168 |
Penzance Foundation Fund |
502 |
858 |
- |
204 |
(62) |
1,000 |
Woods Hole Endowment Fund |
971 |
987 |
- |
234 |
(71) |
1,150 |
Woods Hole Fund |
13 |
31 |
- |
7 |
(2) |
36 |
|
$ 3,639 |
$ 5,632 |
$ - |
$ 1,338 |
$ (408) |
$ 6,562 |
C. Presidents' Committee Funds |
|
|
|
|
|
|
Basic Science Fund - Earth Sciences |
$ 503 |
$ 1,013 |
$ - |
$ 254 |
$ (1) |
$ 1,266 |
Biology and Biotechnology Fund |
420 |
661 |
- |
164 |
(13) |
812 |
Thomas Lincoln Casey Fund |
258 |
4,836 |
- |
1,158 |
(368) |
5,626 |
Coca-Cola Foundation Fund |
50 |
108 |
- |
27 |
- |
135 |
Arthur L. Day Fund |
5,048 |
13,179 |
- |
3,231 |
(591) |
15,819 |
Cecil and Ida Green Fund |
467 |
1,183 |
- |
290 |
(21) |
1,452 |
W. K. Kellogg Foundation Fund |
20,000 |
33,617 |
- |
8,048 |
(1,927) |
39,738 |
Kobelt Fund |
297 |
1,527 |
- |
370 |
(82) |
1,815 |
Andrew W. Mellon Foundation Fund |
1,000 |
1,248 |
- |
308 |
(25) |
1,531 |
George and Cynthia Mitchell Endowment for Sustainability Sciences |
16,000 |
12,932 |
2,000 |
3,458 |
(466) |
17,924 |
George and Cynthia Mitchell Matching Endowment |
40 |
48 |
- |
12 |
- |
60 |
Frank Press Fund for Dissemination and Outreach |
1,167 |
1,738 |
- |
424 |
(71) |
2,091 |
Scientists and Engineers for the Future Fund |
1,000 |
1,317 |
- |
324 |
(51) |
1,590 |
|
$ 46,250 |
$ 73,407 |
$ 2,000 |
$ 18,068 |
$ (3,616) |
$ 89,859 |
|
(Dollars in thousands) |
|||||
|
Capital Contributions as of Dec. 31, 2009 |
Market Value at Dec. 31, 2008 |
2009 Contributions |
2009 Investment Gain |
2009 Expenditures & Transfers |
Market Value at Dec. 31, 2009 |
D. Program Specific Funds |
|
|
|
|
|
|
Arnold and Mabel Beckman Fund of the NAS and NAE |
$ 11,975 |
$ 6,355 |
$ 23 |
$ 1,365 |
$ (2,237) |
$ 5,506 |
Billings Fund |
50 |
687 |
- |
172 |
(1) |
858 |
Blakeslee Fund |
887 |
1,878 |
- |
427 |
(140) |
2,165 |
Henry G. Booker Fellowship Fund |
21 |
43 |
- |
11 |
- |
54 |
Communications Initiative Fund |
- |
2,608 |
- |
618 |
(204) |
3,022 |
Cultural Programs of the NAS Fund |
21 |
23 |
2 |
7 |
- |
32 |
Henry and Bryna David Endowment |
850 |
1,029 |
- |
257 |
(11) |
1,275 |
Global Commons Project Fund |
39 |
122 |
- |
31 |
- |
153 |
Marian Koshland Science Museum Fund |
22,786 |
17,791 |
- |
4,192 |
(1,544) |
20,439 |
Bruce Alberts Fund for the Marian Koshland Science Museum |
5,195 |
4,852 |
- |
1,191 |
(80) |
5,963 |
National Science Resources Center Fund |
4,987 |
4,388 |
- |
1,100 |
(6) |
5,482 |
New Canaan Library Fund |
4 |
8 |
- |
2 |
- |
10 |
Kumar and Shela Patel Endowment for US-India Dialogs |
600 |
640 |
- |
160 |
(1) |
799 |
Arthur M. Sackler Colloquia Fund |
4,375 |
4,729 |
- |
1,187 |
(229) |
5,687 |
Raymond & Beverly Sackler USA-UK Scientific Forum Endowment |
2,025 |
1,459 |
- |
365 |
(2) |
1,822 |
USNC/IAU |
100 |
132 |
- |
33 |
(6) |
159 |
NAS Members Endowment(s) |
59 |
211 |
- |
53 |
(1) |
263 |
|
$ 53,974 |
$ 46,955 |
$ 25 |
$ 11,171 |
$ (4,462) |
$ 53,689 |
E. Prizes and Awards |
|
|
|
|
|
|
American Psychological Association Science Directorate Fund |
$ 30 |
$ 52 |
$ - |
$ 13 |
$ (3) |
$ 62 |
Henryk Arctowski Fund |
96 |
2,530 |
- |
631 |
(18) |
3,143 |
Bache Fund |
60 |
307 |
- |
70 |
(21) |
356 |
Blaauw Fund |
71 |
665 |
- |
152 |
(46) |
771 |
John J. Carty Fund |
25 |
585 |
- |
131 |
(63) |
653 |
Comstock Fund |
11 |
622 |
- |
147 |
(39) |
730 |
Draper Fund |
6 |
264 |
- |
59 |
(28) |
295 |
Elliot Fund |
8 |
133 |
- |
32 |
(6) |
159 |
Estes Award in Social and Behavioral Sciences |
80 |
213 |
- |
43 |
(40) |
216 |
Gibbs Brothers Fund |
24 |
233 |
- |
44 |
(67) |
210 |
Gibbs Fund |
5 |
96 |
- |
26 |
21 |
143 |
Ralph E. Gomory Award for the Application of Science |
179 |
385 |
- |
95 |
(6) |
474 |
Gould Fund |
50 |
551 |
- |
126 |
(38) |
639 |
Joseph Henry Fund |
40 |
359 |
- |
82 |
(25) |
416 |
Alexander Hollaender Award in Biophysics |
100 |
249 |
- |
61 |
(9) |
301 |
Hunsaker Fund |
25 |
328 |
- |
82 |
(6) |
404 |
Franklin Livingston Hunt Fund |
11 |
176 |
- |
44 |
- |
220 |
Kovalenko Fund |
64 |
1,062 |
- |
264 |
(14) |
1,312 |
Marsh Fund |
10 |
157 |
- |
36 |
(11) |
182 |
|
(Dollars in thousands) |
|||||
|
Capital Contributions as of Dec. 31, 2009 |
Market Value at Dec. 31, 2008 |
2009 Contributions |
2009 Investment Gain |
2009 Expenditures & Transfers |
Market Value at Dec. 31, 2009 |
George P. Merrill Fund |
$ 10 |
$ 498 |
$ - |
$ 114 |
$ (34) |
$ 578 |
Stanley Miller Award |
155 |
110 |
- |
27 |
- |
137 |
Monsanto Award in Molecular Biology |
421 |
853 |
- |
199 |
(59) |
993 |
Murray Fund |
6 |
137 |
- |
33 |
(7) |
163 |
NAS Award for Chemistry in Service to Society |
182 |
304 |
- |
70 |
(40) |
334 |
NAS Award in Mathematics |
54 |
48 |
- |
10 |
(6) |
52 |
NAS Award in Chemical Sciences |
478 |
426 |
- |
93 |
(50) |
469 |
NAS Award in Neuroscience |
140 |
379 |
- |
93 |
(8) |
464 |
NAS Fund for Sciences and Technology in International Affairs |
49 |
190 |
- |
47 |
- |
237 |
Pradel Fund |
16 |
1,271 |
- |
318 |
(2) |
1,587 |
H. P. Robertson Lectureship Fund |
20 |
219 |
- |
55 |
- |
274 |
Helen P. Smith Fund |
67 |
497 |
- |
115 |
(40) |
572 |
Mrs. J. Lawrence Smith Fund |
8 |
544 |
- |
125 |
(45) |
624 |
Thompson Fund |
10 |
201 |
- |
41 |
(37) |
205 |
Troland Fund |
505 |
3,370 |
- |
800 |
(166) |
4,004 |
Walcott Fund |
5 |
63 |
- |
14 |
(6) |
71 |
G. K. Warren Fund |
15 |
150 |
- |
36 |
(6) |
180 |
Watson Fund |
25 |
1,059 |
- |
263 |
(13) |
1,309 |
|
$ 3,061 |
$ 19,286 |
$ - |
$ 4,591 |
$ (938) |
$ 22,939 |
F. Reserve Funds |
|
|
|
|
|
|
National Academy of Sciences Reserve Fund |
$ 5,521 |
$ 2,824 |
$ 1,431 |
$ 959 |
$ (839) |
$ 4,375 |
Proceedings of the National Academy of Sciences Fund |
1,000 |
827 |
- |
207 |
(1) |
1,033 |
Transportation Research Board Reserve Fund |
1,500 |
1,682 |
- |
421 |
(2) |
2,101 |
Due to (from) National Academy of Sciences |
- |
(410) |
|
- |
399 |
(11) |
|
$ 8,021 |
$ 4,923 |
$ 1,431 |
$ 1,587 |
$ (443) |
$ 7,498 |
Subtotal — Funds that Support the NAS |
$ 141,950 |
$ 233,462 |
$ 3,462 |
$ 56,620 |
$ (15,871) |
$ 277,673 |
II. Funds that Support the IOM |
|
|
|
|
|
|
A. General Funds |
|
|
|
|
|
|
General Endowment Fund |
$ 1,119 |
$ 1,429 |
$ 6 |
$ 347 |
$ (95) |
$ 1,687 |
Robert Wood Johnson Foundation Fund |
5,000 |
8,424 |
- |
2,044 |
(560) |
9,908 |
IOM Kellogg Fund |
283 |
385 |
- |
96 |
(1) |
480 |
IOM Members Dues |
198 |
269 |
- |
67 |
- |
336 |
Henry J. Kaiser Family Foundation Fund |
488 |
657 |
- |
160 |
(44) |
773 |
John D. and Catherine T. MacArthur Foundation Fund |
5,000 |
8,372 |
- |
2,032 |
(560) |
9,844 |
Pharmaceutical Discretionary Fund |
480 |
687 |
- |
172 |
(1) |
858 |
Pharmaceutical Endowment Fund |
259 |
399 |
- |
97 |
(26) |
470 |
Miscellaneous Private Sector Fund |
26 |
47 |
- |
11 |
(3) |
55 |
|
$ 12,853 |
$ 20,669 |
$ 6 |
$ 5,026 |
$ (1,290) |
$ 24,411 |
|
(Dollars in thousands) |
|||||
|
Capital Contributions as of Dec. 31, 2009 |
Market Value at Dec. 31, 2008 |
2009 Contributions |
2009 Investment Gain |
2009 Expenditures & Transfers |
Market Value at Dec. 31, 2009 |
B. Program Specific Funds |
|
|
|
|
|
|
Distinguished Scholar Fund |
$ 17 |
$ 52 |
$ - |
$ 13 |
$ - |
$ 65 |
Food & Nutrition Board (FNB) Fund |
525 |
1,129 |
- |
283 |
(1) |
1,411 |
FNB Corporations Fund |
125 |
326 |
82 |
- |
408 |
|
FNB Members Fund |
5 |
18 |
- |
5 |
- |
23 |
Norman Gant & ABOG Fellowship |
650 |
633 |
1 |
157 |
(36) |
755 |
Hamburg Endowment Fund |
1,000 |
928 |
12 |
235 |
(1) |
1,174 |
Howard Hughes Medical Institute Fund |
5,000 |
11,268 |
- |
2,819 |
(35) |
14,052 |
Kellogg Health of the Public Fund |
4,702 |
4,234 |
241 |
1,046 |
(183) |
5,338 |
Kellogg Health of the Public Fund Matching Contributions |
2,541 |
1,946 |
262 |
505 |
39 |
2,752 |
Richard and Hinda Rosenthal Lecture Series |
1,000 |
1,127 |
- |
274 |
(33) |
1,368 |
Women’s Health Issues Fund |
20 |
60 |
- |
15 |
- |
75 |
|
$ 15,585 |
$ 21,721 |
$ 516 |
$ 5,434 |
$ (250) |
$ 27,421 |
C. Prizes and Awards |
|
|
|
|
|
|
Gustav O. Lienhard Award |
$ 1,200 |
$ 3,208 |
$ - |
$ 786 |
$ (90) |
$ 3,904 |
Rhonda and Bernard G. Sarnat International Prize in Mental Health |
1,009 |
1,112 |
- |
276 |
(38) |
1,350 |
|
$ 2,209 |
$ 4,320 |
$ - |
$ 1,062 |
$ (128) |
$ 5,254 |
D. Reserve Funds |
|
|
|
|
|
|
IOM Reserve Fund |
$ 500 |
$ 663 |
$ - |
$ 166 |
$ (2) |
$ 827 |
Subtotal — Funds that Support the IOM |
$ 31,147 |
$ 47,373 |
$ 522 |
$ 11,688 |
$ (1,670) |
$ 57,913 |
Subtotal — NAS and IOM Funds |
$ 173,097 |
$ 280,835 |
$ 3,984 |
$ 68,308 |
$ (17,541) |
$ 335,586 |
III. Funds Held on Behalf of Others |
|
|
|
|
|
|
A. The National Academies’ Corporation |
|
|
|
|
|
|
Operations Endowment |
$ 8,000 |
$ 5,365 |
$ - |
$ 1,343 |
$ (7) |
$ 6,701 |
Program Endowment |
1,940 |
1,288 |
- |
337 |
(2) |
1,623 |
Building Maintenance Reserve |
- |
534 |
- |
86 |
(150) |
470 |
|
$ 9,940 |
$ 7,187 |
$ - |
$ 1,766 |
$ (159) |
$ 8,794 |
TOTAL |
$ 183,037 |
$ 288,022 |
$ 3,984 |
$ 70,074 |
$ (17,700) |
$ 344,380 |