Endowment, Trust, and Other Long–term Investments Pool
Description of Funds for the Year Ended December 31, 2011
Capital Contribution (Column 1 of Schedule 1–A)

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
Subtotal — Reserve Funds $ 500,000
Subtotal — Funds that Support the IOM $ 33,476,159
Subtotal — NAS and IOM Funds $ 184,021,279
III. FUNDS HELD ON BEHALF OF OTHERS
A. The National Academies’ Corporation (TNAC)

Operations Endowment — An endowment from the Arnold and Mabel Beckman Foundation to TNAC to support operations of the Beckman Center in Irvine, California. The endowment is held on behalf of TNAC and invested by the NAS.

$ 8,000,000

Program Endowment — An endowment from the Arnold and Mabel Beckman Foundation to TNAC to support NRC program activities conducted in whole or in part at the Beckman Center. The endowment is held on behalf of TNAC and invested by the NAS.

1,939,644
Subtotal — The National Academies’ Corporation $ 9,939,644
TOTAL $ 193,960,923

* Denotes funds for which the contribution was not permanently restricted by the donor



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