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OCR for page 10
SCHEDULE 1
Capital Contribution
Column 2 of Schedule 1A
.)
Equity in Endowment and Trust Funds of the NAS and TOM
for the Year Ended June 30, 1996
1. ENDOWMENT
A. Unrestricted
1. NAS
Agassiz Fund - Bequest of Alexander Agassiz, a member of the Academy.
Carnegie Fund - Balance of gift of $5,000,000 of the Carnegie Corporation of
New York, for the purposes of the National Academy of Sciences
Permanently Temporarily
Restricted Restricted Unrestricted
$so,ooo
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. 3,27s,000
Commonwealth Fund - A grant of the Commonwealth Fund for capital endow
ment of the Academy.
Carl Eckart Fund - Bequest of Carl Eckart received for the general purposes of
the Academy.
Ford Foundation Fund - A grant of the Ford Foundation for capital endowment
of the Academy.
Henrietta and Alexander Hollaender Fund - A bequest to the Academy from
Dr. Alexander and Mrs. Henrietta Hollaender.
Gravce B. Kerr Fund - A grant from Grayce B. Kerr Fund for the general pur
poses of the Academy.
Nealley Fund - Bequest of George True Nealley for the general purposes of the
Academy.
Simon Ramo Fund - A gift from Simon Ramo for the general purposes of the
Academy.
Rockefeller Foundation Fund - A grant of The Rockefeller Foundation to the
National Academy of Sciences for general purposes.
Dorothea and Herbert Simon Fund - A gift from Dorothea and Herbert Simon
for the general purposes of the Academy.
Sloan Foundation Endowment Fund - A grant of the Alfred P. Sloan Founda
tion for the general purposes of the Academy.
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.
Anonymous Endowment Fund - A gift for the general purposes of the Acade
my from a donor who wishes to remain anonymous.
General Endowment Fund - Bequest of David Lloyd Fillman and others for the
general purposes of the Academy. By action of the Council, the Internation
al Critical Tables was transferred into this fund during fiscal 1976 and the
proceeds from the sale of the Audubon Folios were transferred in fiscal 1981.
Members Endowment Fund - Contributions from various members to be used
for the general purposes of the Academy.
National Academy of Sciences Reserve Fund
Sub-total
10
soo,ooo
s,ooo,ooo
250,000
19,556
14,000
159,693
1,000,000
7,146,660
2,122,978
19,537,887
458,596
500,000
,000,000
29,662
3,149,745
1,000,000
6,138,003
OCR for page 11
SCHEDULE 1
Equity in Endowment and Trust Funds of the NAS and TOM
for the Year Ended June 30, 1996
2. IOM
General Endowment Fund - Contributions from various sources, including
members of the Institute of Medicine, for capital endowment of the IOM. 470,65
Robert Wood Johnson Foundation Fund - An endowment grant, the income
from which is to be used for core support of the Institute of Medicine.
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 trans
fer of $250,000 as a matching contribution to the endowment contribution
to the IOM's Food and Nutrition Board.
John D. and Catherine T. MacArthur Foundation Fund - A grant to be used
Capital Contribution
Column 2 of Schedule 1A
Permanently Temporarily
Restricted Restricted Unrestricted
5,000,000
488,48s
exclusively as a permanent endowment to the Institute of Medicine, the
income from which is restricted to the general purposes of the Institute. 5,000~000
Pharmaceutical Endowment Fund - Contributions of $250 000 over a period of
, ,
five years, from Glaxo, Inc. and $10,000 from Eli Lilly Company, income to
be used for the general purposes of the Institute of Medicine.
Miscellaneous Private Sector - Contributions of Kaiser Permanente to be used
for the core support requirements of the Institute of Medicine.
Sub-total
B. Restrictedfor Specific Purpose
1. Program
a. WAS
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.
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 engi
. . . . .
neer~ng In all its applications.
Cecil and Ida Green Fund - A gift from Cecil and Ida Green to support activ
ities and studies by the academy directed towards improved national pol
icy making in the areas involving science and technology.
Blakeslee Fund - Bequest of Albert Francis Blakeslee, the income of which is
to be used in support of genetics research.
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.
259,448
26?346
1 1,244,930
500,000
258,08 1
467,256
886~902
2,662,5 14
11
OCR for page 12
SCHEDULE 1
J
Equity in Endowment and Trust Funds of the NAS and TOM
for the Year Ended June 30, ·996
Global Commons Project Fund - Is a multi-year research program to develop
a sound and realistic approach to sustainable development. Current sup-
port primarily comes from the endowment income from the Academy and
a grant from George P. Mitchell.
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 com-
munications, and individuals; such as, enhancing the quality of U.S. edu-
cation, assuring access to quality health care in an era of rapidly rising
cost, assessing the role of biotechnology in the future of agriculture, and
. . ~ . .
similar Issues as they anse.
Kobelt Fund - Bequest of Nina I. Kobelt to be used for research scholarships
for worthy students.
Andrew W. Mellon Foundation Fund - A grant from the Andrew W. Mellon
Foundation to endow a program of Academy-initiated studies.
Frank Press Fund for Dissemination and Outreach - Established with contn-
butions from members of The Presidents' Circle of the NAS and the IOM,
the income from the Fund is to support a variety of dissemination and out-
reach activities that seek to share Academy complex knowledge and
resources with the policy-making community and the general public.
Scientists and Engineers for the Future Fund - Contribution from an individ
ual who wishes to remain anonymous. The income from this fund is used
for support of educational projects focused on maintaining the health of
American Science and Technology by ensuring adequate supply of well-
prepared American scientists and engineers for the future.
Arts in the Academy Fund - Contributions from various sources for sponsor-
ing free cultural programs of merit for local residents and for providing a
platform for musicians and artists.
Biolo BY and Biotechnolo,gy 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-disci
plinar-Y aspects and those involving the interface of science, technology,
and commerce and used for dissemination and outreach efforts that seek to
inform policy makers about the findings of the results.
The Coca-Cola Foundation Fund - A grant to be used for initiatives in precollege
science and mathematics education.
Post Retirement Benefits
Post Employment Benefits
State Street Fund
Sub-total
b. NAS - Member Endowments
Anthropology Fund
Board on Chemical Sciences Fund
12
Capital Contribution
Column 2 of Schedule 1A
Permanently Temporarily
Restricted Restricted Unrestricted
39,058
20,000,000
,000,000
1,088,879
,000,000
3,934
420,232
50,000
296,593
122,000
1,620,000
562,000
28,376,856 418,593 2,182,000
250
31,050
OCR for page 13
SCHEDULE 1
Equity in Endowment and Trust Funds of the NAS arid IOM
for the Year Ended June 30, 1996
Board on Earth Sciences Fund
Board on Mathematical Sciences Fund
Board on Physical Sciences Fund
Board on Physics and Astronomy Fund
Committee on Human Rights Fund
Committee on International Security and Arms Control Fund
Committee on Life Sciences Fund
Embryology Fund
Environmental Studies Fund
Math and Science Education Endowment Fund
NAS Class I Fund
Section 14 Chemistry Discretionary Fund
The Family and Community Well-Bein-g Fund
Abel Wolman Lecture Fund
Sub-total
c. IOM
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.
Food and Nutrition Board Fund - Grant of $250,000 to the Institute of Medi
cine as a contribution to the endowment fund to support core activities of
the Food and Nutrition Board. This award was contingent upon the Insti
tute of Medicine transferring a matching amount from the 1986 unre
stricted contribution from Kaiser Family for general core support of the
Institute. Further contributions to the FNB endowment would be matched
by one to two dollars from the earlier grant.
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 venous mem
bers to be used for general purposes of the Food and Nutrition Board.
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.
Women's Health Issues Fund Contribution from Syntex (U.S.A.) Inc. to be
used for purposes related to women's health issues.
Capital Contribution
Column 2 of Schedule 1A
Permanently Temporarily
Restricted Restricted Unrestricted
2,025
1,300
450
100
46,376
23,800
9,965
976
200
400
750
10,600
1,000
200
129,442
11,750
Sub-total
. . .
525,000
2,200
5,000,000
20,000
5,683,950
13
OCR for page 14
SCHEDULE 1
Equity in Endowment and Trust Funds of the NAS and IOM
for the Year Ended June 30, 1996
Prizes and Awards
a. NAS
American Psychological Association Science Directorate Fund - A gift from
the APA to conduct activities that will help inform the public of the
knowledge base, a value and importance of behavioral science research. 30,000
Applied Mathematics and Numerical Analysis Fund - Gift of the Internation
al Business Machines Corporation to support the NAS Award in Applied
Mathematics and Numerical Analysis by an award of $5,000 approxi
mately every 3 years. The fund principal is not restricted.
Henryk Arctowski Fund - Bequest of Jane Arctowski in memory of her hus
band 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.
Bache Fund - Bequest of Alexander Dallas B. ache, a member of the Academy,
to aid researchers in physical and natural sciences.
Blaauw Fund - Bequest of Marianne Blaauw to establish the Edmond and
Marianne Blaauw Fund to support research in the field of ophthalmology.
John J. Cartv Fund - Gift of the American Telephone and Telegraph Company in
recognition of the distinguished achievements of John J. C arty, and as a last
ing 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.
Comstock Fund - Gift of General Cyrus B. Comstock, a member of the Acad
emy, to promote research in electricity, magnetism, or radiant energy
through the Comstock Prize to be awarded for notable investigations.
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 award
ed for notable investigations in astronomical physics; the balance of
income is applied to aid research in this science.
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.
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 contribu
tions 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 Com
mission on Behavioral and Social Sciences and Education.
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.
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 pro
motion of research in chemistry.
.
14
Capital Contribution
Column 2 of Schedule 1A
Permanently Temporarily
Restricted Restricted Unrestricted
95,736
60,000
71,299
25,000
10,400
6,000
8,000
79,849
24,000
5,173
OCR for page 15
SCHEDULE 1
Equity in Endowment and Trust Funtls of the NAS and IOM
for the Year Ended June 30, 1996
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.
Gould Fund - Gift of Mrs. Alice B. ache Gould in memory of her father, a for-
mer member of the Academy, for the promotion of research in astronomy,
bequest of $20,000 from the estate of Alice B. ache Gould received in
1954, and bequest of $10,000 from the estate of Elizabeth Chandler Hock-
ley in 1979.
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
Alexander Hollaender Award in Biophysics - A bequest of Alexander Hol-
laender. The income from which is to be used to provide a prize to an out-
standing biophysicist. The prize is to be given at the Annual Meeting of
the Academy, with selection of the recipient at the Academy's discretion.
Hunsaker Fund - Gift of Mr. and Mrs. J. C. Hunsaker to found an Academy
award in the field of aeronautical engineering.
Franklin Livingston Hunt Fund - Bequest of Franklin Livingston Hunt for aid
to 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 accom-
plishment in scientific research.
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.
Marsh Fund - Bequest of Othniel Charles Marsh, a member of the Academy,
to promote original research in the natural sciences.
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.
Monsanto Award in Molecular Biology - A grant from the Monsanto Compa-
ny for an award to be given in recognition of contributions in the field of
molecular biology.
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.
National Academy of Sciences Award for Chemistry in Service to Society -
Established by the E. I. duPont de Nemours & Company to recognize con-
tributions 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.
National Academy of Sciences Award in Mathematics - Established by the
American Mathematical Society for a prize to be awarded every 4 years in
mathematics.
Capital Contribution
Column 2 of Schedule 1A
Permanently Temporarily
Restricted Restricted Unrestricted
179,046
50,000
39,740
00,000
24,750
10,465
44,086
0,000
10,000
421,374
6,000
181,838
15
OCR for page 16
SCHEDULE 1
Equity in Endowment and Trust Funds of the NAS and TOM
for the Year Ended June 30, 7996
National Academy of Sciences Award in Neuroscience - Established by the
Fidia Research Foundation for an award in neuroscience, to be given
every 3 years.
National Academy of Sciences Fund for Sciences and Technology in Interna-
tional Affairs - Contributions from Cecil and Ida Green, J. Erik Jonsson,
Jerome B. Wiesner, and Academy sources to establish the National Acad-
emy of Sciences Fund for Sciences and Technology in International
Affairs in honor of Walter A. Rosenblith
Pradel Fund - A bequest of Jules Pradel to be applied to work on the human
central nervous system and allied subjects.
H.P. Robertson Lectureship Fund - Contributions by friends of H. P. Robert-
son, 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.
Helen P. Smith Fund - A bequest of Helen P. Smith in memory of her husband,
Gilbert Morgan Smith, to establish a tri-annual medal and honorarium to
be conferred in recognition of published research in marine and freshwa-
ter algae.
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.
Thomnson Fund - Gift of Mrs. Mary Clark Thompson for a gold medal of
appropriate cosign, to be known as the Mary Clark Thompson Gold
Medal, to be awarded for important services to geology and paleontology.
Troland Fund - Bequest of Leonard T. Troland to be known as the Troland
Foundation for Research in Psychophysics. The income is to be expend-
ed with a view to the actual advancement of scientific knowledge within
the field of psychophysics.
Waksman Fund - Gift of the Foundation for Microbiology for an award of
$5,000 every 2 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.
Walcott Fund - Gift of Mrs. Mary Vaux Walcott in honor of her husband, a for-
mer member and president of the Academy, for the award of medals and
honoraria to persons, the results of whose published research, explo-
rations, and discoveries in pre-Cambrian or Cambrian life and history
shall be judged most meritorious; the award to be known as the Charles
Doolittle Walcott Medal
G.K. Warren Fund - Gift of Miss Emily B. Warren in memory of her father, a
member of the Academy, the income to be used for an award to be known
as the G. K. Warren Prize in any field of science.
-
16
Capital Contribution
Column 2 of Schedule 1A
Permanently Temporarily
Restricted Restricted Unrestricted
40,206
49,1 19
16,392
20,325
67,107
8,000
10,000
sos,3ss
s,ooo
5,000
OCR for page 17
SCHEDULE 1
Equity in Endowment and Trust Funds of the NAS and TOM
for the Year Ended June 30, 1996
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.
Sub-total
b. IOM
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.
Rhoda and Bernard G. Sarnat International Prize in Mental Health - A grant
from Rhoda and Bernard G. Sarnat for the purpose of honoring an indi-
vidual, group, or organization for distinguished accomplishments in the
field of mental health.
Sub-total
3. The National Academies Corporation (TNACJ - An endowment from
The Arnold and Mabel Beckman Foundation for operating and program
uses. The Beckman endowment is invested by NAS on behalf of TNAC.
Sub-total
4. Woods Hole
Peter C. Cornell Trust Fund - To memorialize Detlev W. Bronk, a former mem
ber 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.
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,s00
Penzance Foundation Fund - A grant for the J. Erik Jonsson Woods Hole Study
Center especially for support of the property's Clark Carnage House.
Woods Hole Fund - Contributions from various individuals for maintenance of
the Woods Hole Study Center.
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.
Capital Contribution
Column 2 of Schedule 1A
Permanently Temporarily
Restricted Restricted Unrestricted
25,000
2,354,264
1,200,000
1,200,000
11,340,737
Sub-total
. - ,
502,500
15,178
50,000
2,570,178
00 000
17
OCR for page 18
SCHEDULE 1
Equity in Endowment and Trust Funds of the NAS and TOM
for the Year Ended June 30, 1996
5. PANS
Billings Fund - Bequest of Mrs. Mary Ann Palmer Draper (Mrs. Henry Draper)
to support the publication of the Proceedings of the National Academy of
Sciences or for other purposes to be detennined by the Academy.
Sub-total
II. FUNDS FUNCTIONING AS ENDOWMENT
A. NAS - Prizes and Awards
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.
Sub-total
B. PNAS
Proceedings of
~ National Academy of Sciences Fund
Sub-total
C. TNAC Capital Fund
Sub-total
III. RESTRICTED CONTRIBUTIONS
A. NAS
1. Program
Basic Science Fund Various - Contributions from American Telephone and
Telegraph Corporation, Atlantic Richfield Foundation, Dow Chemical
Corporation, E.I. duPont de Nemours Company, International Business
Machines Corporation, Merck and Company, Monsanto Company, Shell
Oil Companies Foundation, and Standard Oil Company to support studies
designed to strengthen the basic natural sciences physics, chemistry,
mathematics, and biology.
.
18
Capital Contribution
Column 2 of Schedule 1A
Permanently Temporarily
Restricted Restricted Unrestricted
50,102
50,102
15.162
15,162
,000,000
,000,000
827,278
827,278
OCR for page 19
SCHEDULE 1
Equity in Endowment and Trust FUMES of the NAS and TOM
for the Year Ended June 30, 1996
Slipher Fund - Bequest of V. M. Slipher, a member of the Academy, to be used
as determined by the Academy. The bequest principal is managed by Val-
ley National Bank, Phoenix, Arizona, which makes periodic income dis-
tributions to the Academy. Income distributions may be fully disbursed
by the Academy in the year of receipt.
2. Prizes and Awards
Levison Memonal Fund - Contnbutions from venous sources established by
the Council of the National Academy of Sciences to encourage staff devel-
opment, training, and commitment within the Commission on Behavioral
and Social Sciences and Education (CBASSE). Funds will be made avail-
able on a case-by-case basis as supplemental support for development
activities. A prize may be awarded to CBASSE staff who exert notable and
unusual effort toward improving the quality of working life in CBASSE.
Richard Lounsbery Foundation Award - An annual award of $50,000 estab-
lished by Mrs. Vera Lounsbery in memory of her husband, Richard Louns-
bery, given in alternate years to a young French or American researcher in
biology or medicine. The laureate is selected by a jury composed of mem-
bers of the Academies of Sciences of the United States of America and
France. It was Mrs. Lounsbery's desire to encourage reciprocal scientific
exchanges between the two countries and to stimulate research contnbut-
ing to the biological understanding of man and to the improvement and
welfare of mankind. The recipient is given a 3-year option on an additional
$20,000, which may be used to pursue research in the opposite country.
NAS Award for Initiatives in Research - Established by Bell Telephone Laborato-
nes in honor of William O. Baker, to recognize innovative young scientists and
encourage research likely to lead toward new capabilities for human benefit.
These annual contributions may be fully disbursed in the year of the award.
NAS Award in Chemical Sciences - Established by the Occidental Petroleum
Corporation in honor of Armand Hammer. These annual contributions
may be fully expended for the intended purpose.
NAS Award in Scientific Reviewing - Funds contributed by Annual Reviews,
Inc., and the Institute for Scientific Information in honor of James Mur-
ray Luck, for an award to be given in recognition of and to pay tribute to
authors who have performed significant service to science and their fel-
low scientists in the writing of outstanding scientific reviews. These
annual contributions may be fully disbursed in the year of award.
NAS Support Staff Award - Contributions from various sources for annual
awards for outstanding members of the National Research Council's
administrative staff. These contributions may be fully disbursed in the
year of the award.
Grand Total
Capital Contribution
Column 2 of Schedule 1A
Permanently Temporarily
Restricted Restricted Unrestricted
81,503,508 2,345,871 8,320,003
Note: Items which have a " " in the Capital Contribution column are those with no contribution this year. but have activity in the investment pool. In
most cases, there is short-term investment activity. Certain of these funds will not have invested contributions since the sponsors pay annually based on
the cost of the award as billed to them by NAS.
19
Representative terms from entire chapter:
capital contribution
