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OCR for page 7
I. Investments
7
OCR for page 8
SCHEDULE 1
J
Endowment and Trust Investments Description of Funds
for the Year Ended December 31, 1999
I. 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/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.
Commonwealth Fund - A grant of the Commonwealth Fund for capital endowment of the
Academy.
Carl Eckart Fund - Bequest of Carl Eckart received for general purposes of the Academy.
Ford Foundation Fund - A grant of the Ford Foundation for capital endowment of the
Academy.
Hennetta and Alexander Hollaender Fund - A bequest to the Academy from Dr. Alexander
and Mrs. Hennetta Hollaender.
Grayce B. Kerr Fund - A grant from Grayce B. Kerr Fund for general purposes of the
Academy.
Nealley Fund - Bequest of George True Nealley for general purposes of the Academy.
Simon Ramo Fund - A gift from Simon Ramo for 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 general
purposes of the Academy.
Sloan Foundation Endowment Fund - A grant of the Alfred P. Sloan Foundation for general
purposes of the Academy.
Amy Prudden Turner Fund - Bequest of Amy Prudden Turner for general purposes of the
Academy to serve as a memorial to her husband Scott and herself.
Anonymous Endowment Fund - A gift for general purposes of the Academy from a donor
who wishes to remain anonymous.
General Endowment Fund - Bequest of David Lloyd Fillman and others for general
purposes of the Academy. By action of the Council, the International Cntical Tables
were transferred into this fund during fiscal 1976, and proceeds from the sale of the
Audubon Folios were transferred in fiscal 1981.
Members Endowment Fund - Contnbutions from venous members to be used for general
purposes of the Academy.
Subtotal
2. IOM
General Endowment Fund - Contnbutions from venous sources, including members of the
Institute of Medicine, for capital endowment of the IOM.
For endowment contributions, the capital is typically restricted and the income is unrestricted.
8
Capital Contribution
Column 2 of Schedule 1A
Restricted Unrestricted
$ 50,000
3,275,000
500,000
5,000,000
250,000
19,556
14,000
213,930
1,000,000
7,146,660
2,375,375
$ 607,779
500,000
1,000,000
29,662
3,149,745
$19,844,521 $5,287,186
$ 631,647
OCR for page 9
SCHEDULE 1
J
Endowment and Trust Investments Description of Funds
for the Year Ended December 31, 1999
Robert Wood Johnson Foundation Fund - An endowment grant, the income from which is to
be used for core support of the Institute of Medicine.
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.
IOM Kellogg Fund - A grant from the Kellogg Foundation to be used for general purposes
of IOM.
IOM Members' Dues
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 transfer 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 exclusively as
a permanent endowment to the Institute of Medicine, the income from which is
restricted to the general purposes of the Institute.
Pharmaceutical Discretionary Fund - A grant from W. K. Kellogg to further the IOM's
long-range program development.
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 general purposes of the Institute of Medicine.
Miscellaneous Private Sector - Contributions of Kaiser Permanente to be used for core
support requirements of the Institute of Medicine.
Subtotal
3. TRB
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.
Subtotal
B. Restricted for Specific Purpose
1. Program
a. NAS
Arts in the Academy Fund - Contribution from various sources for sponsoring free
cultural programs of merit for local residents and for providing a platform for
musicians and artists.
For endowment contributions, the capital is typically restricted and the income is unrestricted.
Capital Contribution
Column 2 of Schedule 1A
Restricted Unrestricted
$ 5,000,000
500,000
282,500
197,500
488,485
5,000,000
480,000
259,448
26,346
$12,865,926
$ 1,500,000
$ 1,500,000
$ 3,934
9
OCR for page 10
SCHEDULE 1
J
Endowment and Trust Investments Description of Funds
for the Year Ended December 31, 1999
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.
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.
Blakeslee Fund - Bequest of Albert Francis Blakeslee, the income from which is to be
used in support of genetics research.
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.
The Coca-Cola Foundation Fund - A grant to be used for initiatives in precollege science
and mathematics education.
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.
Cecil and Ida Green Fund - A gift from Cecil and Ida Green for general purposes of the
Academy.
Global Commons Project Fund
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.
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.
Postemployment Benefits
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
Academy complex knowledge and resources with the policy-making community and
the general public.
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.
State Street Fund
Subtotal
For endowment contributions, the capital is typically restricted and the income is unrestricted.
10
Capital Contribution
Column 2 of Schedule 1A
Restricted Unrestricted
$ 500,000
420,232
886,902
258,081
50,000
2,662,514
467,256
39,058
20,000,000
296,593
1,000,000
1,148,705
1,000,000
244,302
$1,025,179
$28,977,577 $1,025,179
OCR for page 11
SCHEDULE 1
J
Endowment and Trust Investments Description of Funds
for the Year Ended December 31, 1999
b. NAS-Member Endowments
Anthropology Fund
Board on Chemical Sciences Fund
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-Being Fund
Abel Wolman Lecture Fund
Subtotal
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 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.
Food and Nutrition Board Corporations Fund - Contributions from Monsanto Company
and Nestle, USA, Inc., to provide support for FNB activities.
Food and Nutrition Board Members Fund - Contributions from various members 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.
Subtotal
For endowment contributions, the capital is typically restricted and the income is unrestricted.
Capital Contribution
Column 2 of Schedule 1A
Restricted Unrestricted
250
31,250
2,025
1,300
450
100
105,788
23,800
9,965
976
200
400
750
11,100
1,000
200
$ 189,544
$ 11,750
525,000
125,000
2,700
5,000,000
20,000
$5,684,450
11
OCR for page 12
SCHEDULE 1
J
Endowment and Trust Investments Description of Funds
for the Year Ended December 31, 1999
2. 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, value, and
importance of behavioral science research.
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 on the ionosphere and terrestrial atmosphere.
B. ache Fund - Bequest of Alexander Dallas Bache, a member of the Academy, to aid
research 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 Telenhone and Tele~ranh Comnanv in
1 0 1 1 -/
recognition of the distinguished achievements of John J. C arty 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.
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.
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 investiga-
tions 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 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 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 Commission 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 englneenng.
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.
For endowment contributions, the capital is typically restricted and the income is unrestricted.
12
Capital Contribution
Column 2 of Schedule 1A
Restricted Unrestricted
$ 30,000
95,736
60,000
71,299
25,000
10,400
6,000
8,000
79,849
24,000
5,173
OCR for page 13
SCHEDULE 1
Capital Contribution
Column 2 of Schedule 1A
Restricted Unrestricted
J
Endowment and Trust Investments Description of Funds
for the Year Ended December 31, 1999
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 B. ache 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 B. ache Gould received in 1954, and bequest of $10,000 from the estate
of Elizabeth Chandler Hockley 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 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.
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 accomplishment 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 _ard in Molecular Biology - A grant from the Monsanto Company for an
50,000
39,740
100,000
24,750
10,465
44,086
10,000
10,000
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.
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.
National Academy of Sciences Award in Mathematics - Established by the American
Mathematical Society for a prize to be awarded every four years in mathematics.
National Academy of Sciences Award in Neuroscience - Established by the Fidia Research
Foundation for an award in neuroscience, to be given every three years.
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.
For endowment contributions, the capital is typically restricted and the income is unrestricted.
6,000
181,838
140,206
49,119
$53,597
1 ~
OCR for page 14
SCHEDULE 1
J
Endowment and Trust Investments Description of Funds
for the Year Ended December 31, 1999
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. 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.
Helen P. Smith Fund - A bequest of Helen P. Smith in memory of her husband, Gilbert
Morgan Smith, to establish a biannual medal and honorarium to be conferred in
recognition of published research in marine and freshwater 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.
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.
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.
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.
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.
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 in pre-Cambrian or
Cambrian life and history shall be judged most meritorious; the award is 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 from which is to be used for an award to be known as the
G. K. Warren Prize in any field of science.
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.
Subtotal
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.
For endowment contributions, the capital is typically restricted and the income is unrestricted.
14
Capital Contribution
Column 2 of Schedule 1A
Restricted Unrestricted
$ 16,392
20,325
67,107
8,000
10,000
505,359
100,000
5,000
15,000
25,000
$2,454,264 $53,597
$1,200,000
OCR for page 15
SCHEDULE 1
J
Endowment and Trust Investments Description of Funds
for the Year Ended December 31, 1999
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 organiza-
tion for distinguished accomplishments in the field of mental health.
Subtotal
3. The National Academies' Corporation (TRACE - An endowment from the Arnold and
Mabel Beckman Foundation for operating and program uses. The Beckman endow-
ment is invested by NAS on behalf of TNAC.
Subtotal
4. Woods Hole
Peter C. Cornell Trust Fund - To memorialize Detlev W. Bronk, a former member and
president of the Academy, for his contributions to science and the nation and to recog-
nize 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.
Penzance Foundation Fund - A grant for the J. Erik Jonsson Woods Hole Study Center
especially for support of the property's Clark Carriage House.
Woods Hole Endowment - Contributions from the Brown Foundation and various individ-
uals for maintenance of the Woods Hole Study Center.
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.
Subtotal
5. Transportation Research Board
Turner Award - Holds the income received from private sources to be awarded to individ-
uals who have been selected for the Francis Turner Medal for Lifetime Achievement
in Transportation.
Subtotal
6. PNAS
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.
Subtotal
For endowment contributions, the capital is typically restricted and the income is unrestricted.
Capital Contribution
Column 2 of Schedule 1A
Restricted Unrestricted
$ 1,009,179
$ 2,209,179
$11,677,491
$11,677,491
$ 100,000
2,002,500
502,500
859,691
12,874
50,000
$ 3,527,565
$ 35,000
$ 35,000
$ 50,102
$ 50,102
15
OCR for page 16
SCHEDULE 1
J
Endowment and Trust Investments Description of Funds
for the Year Ended December 31, 1999
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.
Subtotal
B. PEAS
Proceedings of the National Academy of Sciences Fund
Subtotal
C. TNAC Capital Fund
Subtotal
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.)
Slipher Fund - Bequest of V. M. Slipher, a member of the Academy, to be used as deter-
mined by the Academy. The bequest principal is managed by Bank One, Scottsdale,
Arizona, which makes periodic income distributions to the Academy. Income
distributions may be fully disbursed by the Academy in the year of receipt.
2. Prizes and Awards
Levison Memorial Fund - Contributions from various sources established by the Council
of the National Academy of Sciences to encourage staff development, training, and
commitment within the Commission on Behavioral and Social Sciences and Education
(CBASSE). Funds will be made available 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.
For endowment contributions, the capital is typically restricted and the income is unrestricted.
16
Capital Contribution
Column 2 of Schedule 1A
Restricted Unrestricted
$ 15,826
$ 15,826
$1,000,000
$1,000,000
$1,426,573
$1,426,573
OCR for page 17
J
Endowment and Trust Investments Description of Funds
for the Year Ended December 31, 1999
Richard Lounsbery Foundation Award - An annual award of $50,000 established by Mrs
Vera Lounsbery in memory of her husband, Richard Lounsbery, given in alternate
years to a young French or American researcher in biology or medicine. The laureate
is selected by a jury composed of members 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
contributing to the biological understanding of man and to the improvement and
welfare of mankind. The recipient is given a three-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 Laboratones 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 Murray 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 fellow scientists in the writing of outstanding scientific
reviews. These annual contributions may be fully disbursed in the year of award.
NAS Support Staff Award - Contnbutions from venous 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
SCHEDULE 1
Capital Contribution
Column 2 of Schedule 1A
Restricted Unrestricted
$ 178,277
$91,458,018 $6,544,239
Notes: Items that have a " " in the Capital Contribution column are those with no contribution this year but that have activity in the investment pool. In
most cases there is short-term investment activity.
For endowment contributions, the capital is typically restricted and the income is unrestricted.
17
OCR for page 18
SCHEDULE 1-A
Endowment and Trust Investment Funds - Financial Detail
of Funds from Inception to December 31, 1999
($ in thousands)
ENDOWMENT AND TRUST INVESTMENT POOL
Number of Cumulative Fund Market
Participating Reinvestment Cumulative Total Cash and Equity Values
Capital Capital of Earned Realized Pooled Accrued Dec. 31, Dec. 31,
Units Contribution Income Gains Investments Income 1999 1999
A. Endowment
1. Unrestricted
a. NAS
Agassiz Fund 588.69 $ 50 $ 77 $ 261 $ 388 $ 99 $ 487 $ 581
Carnegie Fund 39,846.81 3,275 5,725 17,843 26,843 255 27,098 39,356
Commonwealth Fund 2,295.51 500 329 868 1,697 7 1,704 2,267
Carl Eckart Fund 1,909.87 608 221 589 1,418 134 1,552 1,886
Ford Foundation Fund 23,064.59 5,000 3,323 8,723 17,046 (3) 17,043 22,781
Henrietta and Alexander
Hollaender Fund 1,006.60 500 85 147 732 6 738 994
Grayce B. Kerr Fund 469.90 250 40 66 356 (2) 354 464
National Academy of Sciences
Reserve Fund 103.86 41 32 73 4 77 103
Nealley Fund 227.75 20 51 109 180 180 225
Simon Ramo Fund 33.05 14 9 9 32 13 45 33
Rockefeller Foundation Fund 4,737.89 1,000 682 1,800 3,482 36 3,518 4,680
Dorothea and Herbert Simon Fund 533.50 214 40 147 401 1 402 527
Sloan Foundation Fund 4,740.17 1,000 683 1,799 3,482 38 3,520 4,682
Amy Prudden Turner Fund 130.81 30 5 56 91 12 103 129
Anonymous Endowment Fund 14,753.43 7,147 1,599 2,466 11,212 (279) 10,933 14,572
General Endowment Fund 8,653.91 3,150 1,033 2,135 6,318 (1) 6,317 8,547
Members Endowment Fund 4,587.87 2,375 499 690 3,564 (4) 3,560 4,531
107,684.21 $25,133 $14,442 $37,740 $77,315 $ 316 $77,631 $106,358
' IOM
General Endowment Fund
Robert Wood Johnson Foundation
Fund
IOM Reserve Fund
Henry J. Kaiser Family Foundation
Fund
IOM Kellogg Fund
IOM Members Dues
John D. and Catherine T.
MacArthur Foundation Fund
Pharmaceutical Discretionary Fund
Pharmaceutical Endowment Fund
Miscellaneous - Private-Sector
Fund 62.75
27,982.93
1,236.73
11,852.48
576.21
933.67
321.89
224.86
11,696.94
548.36
529.04
632
5,000
500
489
283
198
5,000
480
259
217 $ 179
1,460
55
66
17
11
1,371
30
68
26 13
$12,867 $ 3,308
$ 1,028
2,250 8,710
8 563
137
692
300
209
2,343 8,714
510
406
79
10
$ 5,006 $21,181
49
$ 15
(201)
(1 1)
(7)
9
1
(203)
1
(15)
(2)
$(413)
$ 1,043
8,509
552
$ 1,222
11,707
569
685 922
309 318
210 222
8,511 11,553
511 542
391 523
47 62
$20,768 $ 27,640
c. Transportation Research Board
TRB Reserve Fund 1,700.41 $ 1,500 $ 146 $ 23 $ 1,669 $ 7 $ 1,676 $ 1,679
1,700.41 $ 1,500 $ 146 $ 23 $ 1,669 $ 7 $ 1,676 $ 1,679
2. Restricted for Specific Purpose
a. Program
NAS - Outside Sources
Arts in the Academy Fund 10.68 $ 4 $ 4 $ 1 $ c
Basic Science Fund -
Earth Sciences 1,063.41 500 204 160 864
Biology and Biotechnology
Fund 874.38 420 87 119 626
Blakeslee Fund 2,331.14 887 239 613 1,739
Thomas Lincoln Casey Fund 6,167.90 258 1,831 2,319 4,408
Coca-Cola Foundation
Endowment Fund 106.52 50 13 16 79
18
1
10 636
(2) 1,737
4 4,412
1
865 1,050
864
2,302
6,092
80 105
OCR for page 19
SCHEDULE 1-A
Endowment and Trust Investment Funds - Financial Detail
of Funds from Inception to December 31, 1999
($ in thousands)
ENDOWMENT AND TRUST INVESTMENT POOL
Number of Cumulative Fund Market
Participating Reinvestment Cumulative Total Cash and Equity Values
Capital Capital of Earned Realized Pooled Accrued Dec. 31, Dec. 31,
Units Contribution Income Gains Investments Income 1999 1999
Arthur L. Day Fund 14,707.21 $ 2,663 $ 3,488 $ 4,224 $10,375 $ (12) $10,363 $14,526
Cecil and Ida Green Fund 1,393.69 467 159 412 1,038 3 1,041 1,376
Global Commons Project Fund 100.12 39 26 13 78 3 81 99
Houston Advanced Research
Center 9 9 2 11
W. K. Kellogg Foundation Fund 39,906.66 20,000 3,765 6,016 29,781 (41) 29,740 39,415
Kobelt Fund 1,893.74 297 394 679 1,370 1,370 1,870
Andrew W. Mellon Foundation
Fund 2,195.58 1,000 275 339 1,614 1 1,615 2,169
Postemployment Benefits 1,676.30 1,025 317 181 1,523 46 1,569 1,656
Frank Press Fund for
Dissemination and Outreach 2,043.93 1,149 230 280 1,659 51 1,710 2,019
Scientists and Engineers for the
Future Fund 2,440.73 1,000 271 338 1,609 (16) 1,593 2,411
State Street Fund 244 244 244 639
76,911.99 $30,003 $11,312 $15,710 $57,025 $ 51 $57,076 $76,604
NAS - Members Endowment(s)
Anthropology Fund 0.53 $ $ $ $ $ $ $ 1
Board on Chemical Sciences
Fund 100.48 31 34 14 79 79 99
Board on Earth Sciences Fund 6.25 2 2 1 5 5 6
Board on Mathematical
Sciences Fund 3.56 2 1 3 3 3
Board on Physical Sciences
Fund 0.21
Board on Physics and
Astronomy Fund 0.88 1 1
Committee on Human Rights
Fund 203.09 106 46 23 175 3 178 201
Committee on International
Security and Arms Control
Fund 69.31 24 22 10 56 (1) 55 69
Committee on Life Sciences
Fund 25.23 10 7 3 20 20 25
Embryology Fund 2.57 1 1 2 2 3
Environmental Studies Fund 0.44 1
Math and Science Education
Endowment Fund 0.74 1 1 1 1
NAS Class I Fund 2.25 1 1 2 2 2
Section 14 Chemistry
Discretionary Fund 32.85 11 10 5 26 (1) 25 32
The Family and Community
Well-Being Fund 2.82 1 1 2 2 3
Abel Wolman Lecture Fund 0.22
451.43 $ 190 $ 125 $ 56 $ 371 $ 2 $ 373 $ 446
iii. IOM
Distinguished Scholar Fund 38.18 $ 12 $ 14 $ 6 $ 32 $ (1) $ 31 $ 38
Food and Nutrition Board 1,516.43 525 442 211 1,178 3 1,181 1,498
Food and Nutrition Board
Corporations Fund 405.65 125 140 54 319 319 401
Food and Nutrition Board
Members Fund 13.23 3 6 1 10 2 12 13
Howard Hughes Medical
Institute Fund 11,898.10 5,000 2,395 1,957 9,352 (563) 8,789 11,752
19
OCR for page 20
SCHEDULE 1-A
Endowment and Trust Investment Funds - Financial Detail
of Funds from Inception to December 31, 1999
Number of
Participating
Capital Capital
($ in thousands)
ENDOWMENT AND TRUST INVESTMENT POOL
Cumulative Fund Market
Reinvestment Cumulative Total Cash and Equity Values
of Earned Realized Pooled Accrued Dec. 31, Dec. 31,
Units Contribution Income Gains Investments Income 1999 1999
Women's HealthIssues Fund 47.56 $ 20 $ 14 $ 7 $ 41 $ (1) $ 40 $ 47
13,919.15 $5,685 $3,011 $2,236 $10,932 $(560) $10,372 $13,749
b. Prizes and Awards
. NAS
American Psychological
Association Science
Directorate Fund 48.26 $ 30 $ 8 $ 5 $ 43 $ 4 $ 47 $ 48
Applied Mathematics and
Numerical Analysis Fund 14 14 16 30
Henryk Arctowski Fund 2,450.54 96 1,072 693 1,861 (8) 1,853 2,420
B ache Fund 406.54 60 36 184 280 1 281 401
Blaauw Fund 828.45 72 198 313 583 (15) 568 818
John J. Carty Fund 673.30 25 274 215 514 2 516 665
Comstock Fund 572.44 10 238 163 411 (5) 406 565
Draper Fund 253.88 6 105 87 198 198 251
Elliot Fund 163.91 8 60 53 121 (3) 118 162
Estes Award in Social and
Behavioral Sciences 237.03 80 71 39 190 (23) 167 234
Gibbs Brothers Fund 257.05 24 72 86 182 3 185 254
Gibbs Fund 142.09 5 47 59 111 (3) 108 140
Ralph E. Gomory Award for the
Application of Science 392.42 179 59 61 299 (6) 293 388
Gould Fund 680.31 50 146 282 478 (5) 473 672
Joseph Henry Fund 462.06 40 41 230 311 30 341 456
Alexander Hollaender Award in
Biophysics 270.53 100 70 40 210 210 267
Hunsaker Fund 309.52 25 123 94 242 (2) 240 306
Hunt Fund 144.82 10 72 33 115 115 143
Kovalenko Fund 966.16 44 389 296 729 (1) 728 954
Marsh Fund 204.12 10 27 98 135 1 136 202
George P. Merrill Fund 74.93 10 16 28 54 (3) 51 74
Monsanto Award in Molecular
Biology 976.45 421 133 175 729 12 741 964
Murray Fund 191.75 6 90 45 141 (27) 114 189
NAS Award for Chemistry in
Service to Society 344.98 182 31 48 261 (2) 259 341
NAS Award in Mathematics 62.84 54 4 58 58 62
NASAwardinNeurosciences 380.42 140 105 58 303 303 376
NAS Fund for Sciences and
Technology in International
Affairs 177.93 49 69 26 144 144 176
Pradel Fund 601.86 17 314 140 471 (1) 470 594
H. P. Robertson Lectureship
Fund 215.31 20 73 70 163 10 173 213
Helen P. Smith Fund 489.46 67 168 141 376 (15) 361 483
Mrs. J. Lawrence Smith Fund 541.21 8 231 170 409 (13) 396 535
Thompson Fund 213.81 10 65 83 158 (4) 154 211
Troland Fund 3,318.93 506 1,288 1,129 2,923 (37) 2,886 3,278
USNC/IAU 111.51 100 3 103 1 104 110
Waksman Award (18) (18) 0
Walcott Fund 75.88 5 15 30 50 1 51 75
G. K. Warren Fund 149.01 15 52 49 116 (1) 115 147
Watson Fund 1,011.55 25 452 289 766 (6) 760 999
18,401.26 $2,509 $6,231 $5,512 $14,252 $(117) $14,135 $18,173
20
OCR for page 21
B. Funds Functioning as Endowment
1. NAS - Prizes and Awards
SCHEDULE 1-A
Endowment and Trust Investment Funds - Financial Detail
of Funds from Inception to December 31, 1999
($ in thousands)
ENDOWMENT AND TRUST INVESTMENT POOL
Number of Cumulative Fund Market
Participating Reinvestment Cumulative Total Cash and Equity Values
Capital Capital of Earned Realized Pooled Accrued Dec. 31, Dec. 31,
Units Contribution Income Gains Investments Income 1999 1999
ii. IOM
Gustav O. Lienhard Award 2,963.98 $ 1,200 $ 669 $ 405 $ 2,274 $(126) $ 2,148 $ 2,928
Rhonda and Bernard G. Sarnat
International Prize in
Mental Health 1,312.41 1,009 173 86 1,268 (16) 1,252 1,296
4,276.39 $ 2,209 $ 842 $ 491 $ 3,542 $(142) $ 3,400 $ 4,224
c. The National Academies' Corporation 19,721.82 $11,677 $ 1,343 $ 2,807 $ 15,827 $ (48) $ 15,779 $ 19,479
19,721.82 $11,677 $ 1,343 $ 2,807 $ 15,827 $ (48) $ 15,779 $ 19,479
d. Woods Hole
Peter C. Cornell Fund 251.93 $ 100 $ 34 $ 61 $ 195 $ (1) $ 194 $ 249
Erik Jonsson Woods Hole Fund 4,377.32 2,003 721 650 3,374 (11) 3,363 4,323
Penzance Foundation Fund 1,095.92 502 182 162 846 (1) 845 1,082
Woods Hole Endowment Fund 1,175.14 860 107 125 1,092 127 1,219 1,161
Woods Hole Fund 40.65 13 13 8 34 (2) 32 40
Richard King Mellon Foundation Fund 193.18 50 57 41 148 3 151 191
7,134.14 $ 3,528 $ 1,114 $ 1,047 $ 5,689 $ 115 $ 5,804 $ 7,046
e. Transportation Research Board
Turner Award
$ 35 $ 2 $ $ 37 $ (3) $ 34 $
$ 35 $ 2 $ $ 37 $ (3) $ 34 $
f. PNAS
Billings Fund 590.02 $ 50 $ 225 $ 167 $ 442 $ (1) $ 441 $ 583
590.02 $ 50 $ 225 $ 167 $ 442 $ (1) $ 441 $ 583
Henry G. Booker Fellowship Fund 28.19 $ 16 $ 4 $ 3 $ 23 $ $ 23 $ 28
2. PNAS
Proceedings of the National Academy
of Sciences Fund 3,088.23 1,000 494 588 2,082 294 2,376 3,050
3. TNAC
TNAC Capital Fund 2,210.34 1,427 236 255 1,918 (182) 1,736 2,183
5,326.76 $ 2,443 $ 734 $ 846 $ 4,023 $ 112 $ 4,135 $ 5,261
C. Restricted Contributions
1. NAS
a. Program
Basic Science Fund -Various $ $ 1 $ $ 1 $ $ 1 $
Slipher Fund 143 143 1 144
b. Prizes and Awards
Chemical Science Award Merck 198.92 178 178 289 467 196
Levison Memorial Fund 2 2 2
Richard Lounsbery Foundation
Award (96) (96)
NAS Award for Initiatives in
Research
NAS Libraries Project
NAS Award in Scientific Reviewing
NAS Support Staff Award
TOTAL
(22)
4
(1 1)
(22)
4
(1 1)
2 2 2
198.92 $ 178 $ 148 $ $ 326 $165 $ 491 $ 196
284,299.43 $98,007 $42,983 $71,641 $212,631 $(516) $212,115 $281,438
21
OCR for page 22
SCHEDULE 1-B
Endowment and Trust Investment Funds - Financial Detail
of Funds for the Year Ended December 31, 1999
($ in thousands)
ENDOWMENT AND TRUST INVESTMENT POOL
Fund Fund
Equity Expenditures Equity
Dec. 31, Income Capital and Dec. 31,
1998 Contributions Earned Gains Transfers 1999
A. Endowment
1. Unrestricted
a. NAS
Agassiz Fund $ 475 $ $ 33 $ $ (21) $ 487
Carnegie Fund 26,491 2,195 9 (1,597) 27,098
Commonwealth Fund 1,669 126 1 (92) 1,704
Carl Eckart Fund 1,491 32 105 (76) 1,552
Ford Foundation Fund 16,691 1,272 5 (925) 17,043
Henrietta and Alexander Hollaender Fund 723 55 (40) 738
Grayce B. Kerr Fund 347 26 (19) 354
National Academy of Sciences Reserve Fund 73 6 (2) 77
Nealley Fund 177 12 (9) 180
Simon Ramo Fund 32 12 2 (1) 45
Rockefeller Foundation Fund 3,410 261 1 (154) 3,518
Dorothea and Herbert Simon Fund 389 29 (16) 402
Sloan Foundation Fund 3,410 261 1 (152) 3,520
Amy Prudden Turner Fund 101 7 (5) 103
Anonymous Endowment Fund 10,707 814 3 (591) 10,933
General Endowment Fund 6,184 478 2 (347) 6,317
Members Endowment Fund 3,489 1 253 1 (184) 3,560
$75,859 $ 45 $5,935 $ 23 $(4,231) $77,631
b. IOM
General Endowment Fund $ 944 $ 93 $ 69 $ $ (63) $ 1,043
Robert Wood Johnson Foundation Fund 8,526 676 3 (696) 8,509
IOM Reserve Fund 529 23 552
Henry J. Kaiser Family Foundation Fund 686 54 (55) 685
IOM Kellogg Fund 56 25 228 309
IOM Members Dues 35 12 163 210
John D. and Catherine T. MacArthur
Foundation Fund 8,533 666 3 (691) 8,511
Pharmaceutical Discretionary Fund 112 29 370 511
Pharmaceutical Endowment Fund 392 30 (31) 391
Miscellaneous - Private-Sector Fund 47 4 (4) 47
$19,860 $ 93 $1,588 $ 6 $ (779) $20,768
c. Transportation Research Board
TRB Reserve Fund
2. Restricted for Specific Purpose
a. Program
$ 1,583 $ $ 93
$ $ $ 1,676
$ 1,583 $ $ 93 $ $ $ 1,676
c7
i. NAS - Outside Sources
Arts in the academy Fund $ 8 $ $ 1 $ $ $ 9
Basic Science Fund - Earth Sciences 807 58 865
Biology and Biotechnology Fund 605 48 (17) 636
Blakeslee Fund 1,713 130 1 (107) 1,737
Thomas Lincoln Casey Fund 4,194 337 1 (120) 4,412
Current market values are reported in Schedule 1-A.
22
OCR for page 23
SCHEDULE 1-B
Endowment and Trust Investment Funds - Financial Detail
of Funds for the Year Ended December 37, 1999
($ in thousands)
ENDOVVMENT AND TRUST INVESTMENT POOL
Fund Fund
Equity Expenditures Equity
Dec. 31, Income Capital and Dec. 31,
1998 ContFibudons Earned Gains Transfers 1999
Coca-Cola Foundation Endowment Fund
Arthur L. Day Fund
Cecil and Ida Green Fund
Global Commons Project Fund
Houston Advanced Research Center
W. K. Kellogg Foundation Fund
Kobelt Fund
Andrew W. Mellon Foundation Fund
Postemployment Benefits
Frank Press Fund for Dissemination and
Outreach
Scientists and Engineers for the Future
Fund
State Street Fund
ii. NAS - Members Endowment(s)
Anthropology Fund
$ 76
9,869
992
76
10
28,330
1,304
1,537
1,479
1,637
1,507
244
$ 6
804
76
s
1
2,181
103
120
90
112
133
$ $ (2)
3 (313)
(27)
(778)
(37)
1 (43)
(39)
1 (48)
$ 80
10,363
1,041
81
11
29,740
1,370
1,615
1,569
1,710
1,593
244
$54,388
$ $4,205 $ 14 $(1,531)
$57,076
$ - $
73
Board on Chemical Sciences Fund
Board on Earth Sciences Fund
Board on Mathematical Sciences Fund 3
Board on Physical Sciences Fund 1
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-Being
Fund
Abel Wolman Lecture Fund
iii. IOM
Distinguished Scholar Fund
Food and Nutrition Board
Food and Nutrition Board Corporations
Fund
Food and Nutrition Board Members Fund
Howard Hughes Medical Institute Fund
Women's Health Issues Fund
Current market values are reported in Schedule 1-A.
$ $
6
162
51
18
2
2
23
2
2
$ $
79
5
3
1
178
55
20
1
2
25
2
$ 343 $ 5 $ 25
~ did
up
— $ 373
$ 29
1,098
$ $
2
83
297 22
10 1 1
9,056 653
37 3
$ $ $
(923)
31
1,181
319
12
8,789
40
$10,527 $ 1 $ 764 $ 3 $ (923) $10,372
23
OCR for page 24
SCHEDULE 1-B
Endowment and Trust Investment Funds - Financial Detail
of Funds for the Year Ended December 31, 1999
($ in thousands)
ENDOWMENT AND TRUST INVESTMENT POOL
Fund
Equity
Dec. 31,
1998
Income Capital
Contributions Earned Gains
Expenditures
and
Transfers
Fund
Equity
Dec. 31,
1999
b. Prizes and Awards
i. NAS
American Psychological Association Science
Directorate Fund
Applied Mathematics and Numerical
Analysis Fund
Henryk Arctowski Fund
B ache Fund
Blaauw Fund
John J. Carty Fund
Comstock Fund
Draper Fund
Elliot Fund
Estes Award in Social and Behavioral
Sciences
Gibbs Brothers Fund
Gibbs Fund
Ralph E. Gomory Award for the Application
of Science
Gould Fund
Joseph Henry Fund
Alexander Hollaender Award in Biophysics
Hunsaker Fund
Hunt Fund
Kovalenko Fund
Marsh Fund
George P. Merrill Fund
Monsanto Award in Molecular Biology
Murray Fund
NAS Award for Chemistry in Service to
Society
NAS Award in Mathematics
NAS Award in Neurosciences
NAS Fund for Sciences and Technology In
International Affairs
Pradel Fund
H. P. Robertson Lectureship Fund
Helen P. Smith Fund
Mrs. J. Lawrence Smith Fund
Thompson Fund
Troland Fund
UNSC/IAU
Waksman Award
Walcott Fund
G. K. Warren Fund
Watson Fund
.
Current market values are reported in Schedule 1-A.
24
44
29
,746
279
564
479
403
84
09
78
81
07
302
470
15
195
224
107
675
35
51
716
104
268
55
282
134
437
161
349
375
157
2,808
(5)
47
107
705
$ $ 3
34
23
46
37
31
4
9
3
4
8
22
38
26
5
7
8
53
11
4
54
0
9
3
21
10
33
12
27
30
2
82
$ $ $ 47
1
1
(28)
(21)
(42)
(28)
(24)
(10)
(7)
(31)
(35)
(1)
(10)
(4)
(29)
(28)
(15)
(9)
(15)
05)
00
(13)
30
,853
281
568
516
406
98
8
67
85
108
293
473
341
210
240
115
728
36
5
741
114
259
58
303
144
470
173
361
396
154
2,886
104
(18)
51
115
760
$13,477
$ $1,011 $ 2 $(355) $14,135
OCR for page 25
SCHEDULE 1-B
Endowment and Trust Investment Funds - Financial Detail
of Funds for the Year Ended December 31, 1999
ii. IOM
Gustav O. Lienhard Award
Rhonda and Bernard G. Sarnat International
Prize in Mental Health 1,214
($ in thousands)
ENDOWMENT AND TRUST INVESTMENT POOL
Fund Fund
Equity Expenditures Equity
Dec. 31, Income Capital and Dec. 31,
1998 Contributions Earned Gains Transfers 1999
$ 2,061
$ $ 162 $ 1 $ (76)
72 (34)
$ 2,148
1,252
$ 3,275 $ $ 234 $ 1 $ (110) $ 3,400
c. The National Academies' Corporation $ 15,486 $ $ 1,084 $ 4 $ (795) $ 15,779
$ 15,486 $ $ 1,084 $ 4 $ (795) $ 15,779
d. Woods Hole
Peter C. Cornell Fund $ 191 $ $ 14 $ $ (11) $ 194
Erik Jonsson Woods Hole Fund 3,305 242 1 (185) 3,363
Penzance Foundation Fund 831 60 (46) 845
Woods Hole Endowment Fund 1,040 164 64 (49) 1,219
Woods Hole Fund 32 2 (2) 32
Richard King Mellon Foundation Fund 148 11 (8) 151
$ 5,547 $164 $ 393 $ 1 $ (301) $ 5,804
e. Transportation Research Board $ 30
Turner Award
f. PNAS
Billings Fund
B. Funds Functioning as Endowment
1. NAS - Prizes and Awards
Henry G. @Booker Fellowship Fund
2. PNAS
Proceedings of the National Academy of
Sciences Fund
3. TNAC
TNAC Capital Fund
C. Restricted Contributions
1. NAS
a. Program
Basic Science Fund - Various
Slipher Fund
b. Prizes and Awards
Chemical Science Award Merck
Levison Memorial Fund
Richard Lounsbery Foundation Award
NAS Award for Initiatives in Research
NAS Libraries Project
NAS Award in Scientific Reviewing
NAS Support Staff Award
TOTAL
Current market values are reported in Schedule 1-A.
$ 30
$ 5 $ 2 $ $ (3) $ 34
$ 5 $ 2 $ $ (3) $ 34
$ 409 $ $ 32 $ $ $ 441
$ 409 $ $ 32 $ $ $ 441
$ 21
$ $ 2
2,206 169
1,634 118
$ 3,861 $ $ 289
1 2,376
$ 1
(16) $ 1,736
$ (16) $ 4,135
25 6 144
(10) 500 10 (33) 467
2 2
(58) 50 (88) (96)
(19) 19 (22) (22)
4 4
(10) 10 (11) (11)
2 2
$ 21 $608 $ 16 $ $ (154) $ 491
$204,666 $921 $15,671 $ 55 $(9,198) $212,115
25
OCR for page 26
SCHEDULE 2
Endowment and Trust Investment; Pool
December 3], 1999
-
($ in thousands)
Balance Balance Quoted Investment
Dec. 31, Dec. 31, Market Income
1998 Additions Net 1999 Dew 31, Year Ended
(at cost) (at cost) Reductions* Gain/(Loss) (at cost)** 1999 Dec. 31, 1999
F=ED-WCOME SECUR~ES (Schedule 2-A)
Cash Equivalents $ 7,477 $ 4,688 $ 8,950 $— $ 3,215 $ 3,215 $ 188
Bonds and Notes 72,390 7,121 3,094 33 76,450 71,910 5,185
Real Estate - Mortgages 11,790 949 10,841 10,841 1,037
TotalFixed-Income Securities $ 91,657 $11,809 $12,993 $ 33 $ 90,506 $ 85,966 $ 6,410
EQIJlTY SECURITIES (Schedule 2-B) 112,568 9,263 — — 121,831 195,472 10,375
TOTAL POOLED INVESTMENTS $204,225 $21,072 $12,993 $ 33 $212,337 $281,438 $16,785
Less: Investment Advisory Fees
Net Investment Income
*Reductions from sales, redemptions, or payoff of mortgage.
**Balance excludes short-term investments that are reported on Schedules 1-A and 1-B.
26
(77)
$16,708
OCR for page 27
SCHEDULE 2-A
Endowment and Trust Investment Pool - F~ced-Income Securities
December 31, 1999
($ in thousands)
Interest Principal Quoted
Rate Maturity Amount Cost Market
CASH EQUIVALENTS
AdmiralMoney Market Fund Variable(l) Demand $ 2,000 $ 2,000 $ 2,000
Fidelity Money Market Trust Variable (2) Demand 1,215 1,215 1,215
TOTAL CASH EQUIVALENTS $ 3,215 $ 3,215 $ 3,215
BONDS AND NOTES
BZW Barclay's U.S.Debt~dex Fund B Variable(3) Demand $38,827 $38,827 $37,447
MAS Fixed Income II Institutional Variable (4) Demand 12,408 12,408 11,392
MAS High Yield Institutional Fund Variable (5) Demand 6,618 6,618 6,155
T. Rowe Price International Bond Fund Variable (6) Demand 2,834 2,834 2,652
Scudder International Bond Fund Variable (7) Demand 3,101 3,101 2,574
State Street Bank Demand 244 244 795
U.S. Treasury Securities 05/15/23 5,998 5,998 4,882
Vanguard High-Yield Corporate Variable (8) Demand 6,420 6,420 6,013
TOTALBONDS AND NOTES $76,450 $76,450 $71,910
REAL ESTATE - MORTGAGES
Bank of New York 9.125% $ 8,901 $ 8,901 $ 8,901*
Bank of New York 9.125% 1,940 1,940 1,940*
TOTAL REALESTATE - MORTGAGES $10,841 $10,841 $10,841*
Current yield at December 31, 1999:
(1) 5.15% (5) 10.10%
(2) 5.74% (6) 3.95%
(3) 7.18% (7) 3.58%
(4) 6.90% (8) 9.22%
*Recorded at cost.
27
OCR for page 28
SCHEDULE 2-B
Endowment and Trust Investment Pool - Equity Securities,
December 31, 1999
($ in thousands)
Number Quoted
of Shares Cost Market
Jones and BabsonEnteIpnse Fund 772,599 $ 11,475 $ 9,356
BEA Emerging Market Fund 126,637 2,135 2,552
Berkshire Hathaway, Inc. 258 1,128 14,474
Berkshire Hathaway, Inc. (Class B) 9 14 16
CapitalIntemationalEmerging Market Fund 66,310 1,344 2,713
Chiron Corporation 9,756 205 413
ScudderIntemationalFund 143,618 6.078 10,160
Templeton Emerging Market Fund 183,626 2,007 2,369
Templeton Foreign Equity Senes 783,983 9,421 16,879
Vanguard Index Extended Institutional Shares 506,704 15,815 18,794
VanguardInstitutionalIndex Fund 433,634 18,312 58,111
Vanguard International European Portfolio 364,025 6,637 10,495
Vanguard International Pacific Portfolio 223,246 2,508 2,728
Vanguard International Growth Portfolio 298,369 3,616 6,710
VanguardInte~nationalValue 165,570 4,592 4,822
Vanguard Small Capitalization Institutional Portfolio 647,681 15,317 15,292
Vanguard Windsor Fund 1,037,887 16,968 15,745
Subtotal $117,572 $191,629
Private Placements
Belmont II Limited Partners — — 2
Capital Z (IP, II) — 1,241 1,241
Goldman Sachs — 69 69
Insurance Partners, I — 1,318 1,318
New Enterprise Associates 599 181
TheInvestment Fund Foundation — 1,032 1,032
Subtotal $ 4,259 $ 3,843
TOTAL EQUITY SECURITIES $121,831 $195,472
SCHEDULE 3
Short-Term Investments
December 31, 1999
($ in thousands)
Interest
Type and Description Rate Cost
NASA FederalCredit Union 5.32% $ 102
Vanguard Admiral Funds - Short-Term U.S. Treasury Portfolio Vanable (1) 16,895
Vanguard Fixed-Income Securities - Short-Term Corporate Portfolio Variable (2) 17,006
TOTAL SHORT-TERM INVESTMENTS
Current yield on December 31, 1999
(1) 6.25%
(2) 6.94%
28
$34,003
Representative terms from entire chapter:
endowment fund
