Endowment and Trust Investment Funds—Description of Funds from Inception for the Year Ended December 31, 2000 |
Capital Contribution Column 2 of Schedule 1A |
|
Restricted |
Unrestricted |
|
I. ENDOWMENT |
||
A. Unrestricted |
||
1. NAS |
||
Agassiz Fund - Bequest of Alexander Agassiz, a member of the Academy. |
$ 50,000 |
|
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. |
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 general purposes of the Academy. |
$ 607,779 |
|
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 Fund for general purposes of the Academy. |
250,000 |
|
Nealley Fund - Bequest of George True Nealley for general purposes of the Academy. |
19,556 |
|
National Academy of Sciences Reserve Fund |
875,434 |
|
Simon Ramo Fund - A gift from Simon Ramo for general purposes of the Academy. |
14,000 |
|
Rockefeller Foundation Fund - A grant of the Rockefeller Foundation to the National Academy of Sciences for general purposes. |
1,000,000 |
|
Dorothea and Herbert Simon Fund - A gift from Dorothea and Herbert Simon for general purposes of the Academy. |
222,152 |
|
Sloan Foundation Endowment Fund - A grant of the Alfred P. Sloan Foundation for general purposes of the Academy. |
1,000,000 |
|
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. |
29,662 |
|
Anonymous Endowment Fund - A gift for 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 general purposes of the Academy. By action of the Council, the International Critical Tables were transferred into this fund during fiscal 1976, and proceeds from the sale of the Audubon Folios were transferred in fiscal 1981. |
3,149,745 |
|
Members Endowment Fund - Contributions from various members to be used for general purposes of the Academy. |
2,393,480 |
|
Subtotal |
$19,870,848 |
$6,162,620 |
2. IOM |
||
General Endowment Fund - Contributions from various sources, including members of the Institute of Medicine, for capital endowment of the IOM. |
$ 761,595 |
|
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 |
|
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 |
|
IOM Kellogg Fund - A grant from the Kellogg Foundation to be used for general purposes of IOM. |
282,500 |
|
IOM Members' Dues |
197,500 |
|
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. |
488,485 |
|
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. |
5,000,000 |
|
Pharmaceutical Discretionary Fund - A grant from W. K. Kellogg to further the IOM's long-range program development. |
480,000 |
|
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. |
259,448 |
|
Miscellaneous Private Sector - Contributions of Kaiser Permanente to be used for core support requirements of the Institute of Medicine. |
26,346 |
|
Subtotal |
$12,995,874 |
|
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. |
1,500,000 |
|
Subtotal |
$ 1,500,000 |
|
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. |
$ 3,934 |
|
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. |
$ 500,000 |
|
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. |
420,232 |
|
Blakeslee Fund - Bequest of Albert Francis Blakeslee, the income from which is to be used in support of genetics research. |
886,902 |
|
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. |
258,081 |
|
The Coca-Cola Foundation Fund - A grant to be used for initiatives in precollege science and mathematics education. |
50,000 |
|
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. |
3,813,132 |
|
Cecil and Ida Green Fund - A gift from Cecil and Ida Green for general purposes of the Academy. |
467,256 |
|
Global Commons Project Fund |
39,058 |
|
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. |
20,000,000 |
|
Kobelt Fund - Bequest of Nina I. Kobelt to be used for research scholarships for worthy students. |
296,593 |
|
Andrew W. Mellon Foundation Fund - A grant from the Andrew W. Mellon Foundation to endow a program of Academy-initiated studies. |
1,000,000 |
|
Postemployment Benefits |
$700,000 |
|
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's complex knowledge and resources with the policy-making community and the general public. |
1,150,755 |
|
Arthur M. Sackler Colloquia of the National Academy of Sciences Fund: A gift from Mrs. Arthur M. Sackler to endow, in perpetuity, a series of scientific symposia that promote interaction among world-class researchers in rapidly advancing scientific fields. |
625,000 |
|
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. |
$ 1,000,000 |
|
State Street Fund |
792,194 |
|
Subtotal |
$31,303,087 |
$700,000 |
b. NAS-Member Endowments |
||
Anthropology Fund |
$ 250 |
|
Board on Chemical Sciences Fund |
31,250 |
|
Board on Earth Sciences Fund |
2,025 |
|
Board on Mathematical Sciences Fund |
1,300 |
|
Board on Physical Sciences Fund |
450 |
|
Board on Physics and Astronomy Fund |
100 |
|
Committee on Human Rights Fund |
120,817 |
|
Committee on International Security and Arms Control Fund |
25,219 |
|
Committee on Life Sciences Fund |
9,965 |
|
Embryology Fund |
976 |
|
Environmental Studies Fund |
200 |
|
Math and Science Education Endowment Fund |
400 |
|
NAS Class I Fund |
750 |
|
Section 14 Chemistry Discretionary Fund |
11,100 |
|
The Family and Community Well-Being Fund |
1,000 |
|
Abel Wolman Lecture Fund |
200 |
|
Subtotal |
$ 206,002 |
|
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. |
11,750 |
|
Consequences of Uninsurance |
1,400 |
|
Dissemination Activities |
2,250 |
|
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. |
525,000 |
|
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 various members to be used for general purposes of the Food and Nutrition Board. |
$ 3,550 |
|
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. |
5,000,000 |
|
Improving Health Policy Communication |
1,100 |
|
Women's Health Issues Fund - Contribution from Syntex (U.S.A.), Inc., to be used for purposes related to women's health issues. |
20,000 |
|
Subtotal |
$5,690,050 |
|
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. |
$ 30,000 |
|
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 Arctowska in memory of her husband 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. |
95,736 |
|
Bache Fund - Bequest of Alexander Dallas Bache, a member of the Academy, to aid research in the physical and natural sciences. |
60,000 |
|
Blaauw Fund - Bequest of Marianne Blaauw to establish the Edmond and Marianne Blaauw Fund to support research in the field of ophthalmology. |
71,299 |
|
John J. Carty Fund - Gift of the American Telephone and Telegraph Company in recognition of the distinguished achievements of John J. Carty 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. |
25,000 |
|
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. |
10,400 |
|
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 investigations in astronomical physics; the balance of income is applied to aid research in this science. |
6,000 |
|
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. |
8,000 |
|
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. |
$ 79,849 |
|
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. |
24,000 |
|
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. |
5,173 |
|
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 Bache 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 Bache Gould received in 1954, and bequest of $10,000 from the estate of Elizabeth Chandler Hockley in 1979. |
50,000 |
|
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. |
39,740 |
|
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. |
100,000 |
|
Hunsaker Fund - Gift of Mr. and Mrs. J. C. Hunsaker to found an Academy award in the field of aeronautical engineering. |
24,750 |
|
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. |
10,465 |
|
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. |
48,901 |
|
Marsh Fund - Bequest of Othniel Charles Marsh, a member of the Academy, to promote original research in the natural sciences. |
10,000 |
|
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. |
10,000 |
|
Monsanto Award in Molecular Biology - A grant from the Monsanto Company for an 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. |
6,000 |
|
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. |
$181,838 |
|
National Academy of Sciences Award in Mathematics - Established by the American Mathematical Society for a prize to be awarded every four years in mathematics. |
$53,597 |
|
National Academy of Sciences Award in Neuroscience - Established by the Fidia Research Foundation for an award in neuroscience, to be given every three years. |
140,206 |
|
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. |
49,119 |
|
Pradel Fund - A bequest of Jules Pradel to be applied to work on the human central nervous system and allied subjects. |
16,392 |
|
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. |
20,325 |
|
Helen P. Smith Fund - A bequest of Helen P. Smith in memory of her husband, Gilbert Morgan Smith, to establish a triannual medal and honorarium to be conferred in recognition of published research in marine and freshwater algae. |
67,107 |
|
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. |
8,000 |
|
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 mportant services to geology and paleontology. |
10,000 |
|
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. |
505,359 |
|
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. |
100,000 |
|
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 iscoveries 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. |
5,000 |
|
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. |
$ 15,000 |
|
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. |
25,000 |
|
Subtotal |
$ 2,459,079 |
$53,597 |
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. |
1,200,000 |
|
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 organization for distinguished accomplishments in the field of mental health. |
1,009,179 |
|
Subtotal |
$ 2,209,179 |
|
3. The National Academies' Corporation (TNAC) - An endowment from the Arnold and Mabel Beckman Foundation for operating and program uses. The Beckman endowment is invested by the NAS on behalf of TNAC. |
$11,677,491 |
|
Subtotal |
$11,677,491 |
|
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 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. |
$ 100,000 |
|
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. |
2,002,500 |
|
Penzance Foundation Fund - A grant for the J. Erik Jonsson Woods Hole Study Center especially for support of the property's Clark Carriage House. |
502,500 |
|
Woods Hole Endowment – Contributions from the Brown Foundation and various individuals for maintenance of the Woods Hole Study Center. |
954,240 |
|
Woods Hole Fund - Contributions from various individuals for maintenance of the Woods Hole Study Center. |
12,874 |
|
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. |
50,000 |
|
Subtotal |
$ 3,622,114 |
|
5. Transportation Research Board |
||
Turner Award - Holds the income received from private sources to be awarded to individuals who have been selected for the Francis Turner Medal for Lifetime Achievement in Transportation. |
$ 37,500 |
|
Subtotal |
$ 37,500 |
|
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. |
$ 50,102 |
|
Subtotal |
$ 50,102 |
|
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. |
$ 19,826 |
|
Subtotal |
$ 19,826 |
|
B. PNAS |
||
Proceedings of the National Academy of Sciences Fund |
$1,000,000 |
|
Subtotal |
$1,000,000 |
|
C. TNAC Capital Fund |
$1,595,305 |
|
Subtotal |
$1,595,305 |
|
III. RESTRICTED CONTRIBUTIONS |
||
A. NAS |
||
1. Program |
||
Basic Science Fund - Various - Contributions from American Telephone and Telegraph Corporation, Atlantic Richfield Foundation, Dow Chemical Corporation, E. I. DuPont de Nemours & Company, International Business Machines Corporation, Merck and Company, Monsanto Company, Shell Oil Companies Foundation, and Standard Oil Company to support studies designed to strengthen the basic natural sciences (physics, chemistry, mathematics, and biology). |
— |
|
Endowment and Trust Investment Funds - Financial Detail of Funds from Inception for the Period Ended December 31, 2000
($ in thousands) ENDOWMENT AND TRUST INVESTMENT POOL |
||||||||
Number of Participating Capital Units |
Capital Contribution |
Cumulative Reinvestment of Earned Income |
Cumulative Realized Gains |
Total Pooled Investments |
Cash and Accrued Income |
Fund Equity Dec. 31, 2000 |
Market Values Dec. 31, 2000 |
|
A. Endowment |
||||||||
1. Unrestricted |
||||||||
a. NAS |
||||||||
Agassiz Fund |
562.16 |
$ 50 |
$ 89 |
$ 261 |
$ 400 |
$ — |
$ 400 |
$ 556 |
Carnegie Fund |
38,049.63 |
3,275 |
6,599 |
19,246 |
29,120 |
71 |
29,191 |
37,626 |
Commonwealth Fund |
2,191.71 |
500 |
379 |
925 |
1,804 |
4 |
1,808 |
2,167 |
Carl Eckart Fund |
1,819.47 |
608 |
259 |
363 |
1,230 |
3 |
1,233 |
1,799 |
Ford Foundation Fund |
22,020.95 |
5,000 |
3,829 |
8,893 |
17,722 |
41 |
17,763 |
21,777 |
Henrietta and Alexander Hollaender Fund |
961.00 |
500 |
108 |
144 |
752 |
2 |
754 |
950 |
Grayce B. Kerr Fund |
448.60 |
250 |
52 |
66 |
368 |
1 |
369 |
444 |
National Academy of Sciences Reserve Fund |
981.63 |
875 |
69 |
32 |
976 |
2 |
978 |
971 |
Nealley Fund |
217.44 |
20 |
56 |
154 |
230 |
— |
230 |
215 |
Simon Ramo Fund |
31.56 |
14 |
10 |
8 |
32 |
— |
32 |
31 |
Rockefeller Foundation Fund |
4,524.25 |
1,000 |
786 |
1,805 |
3,591 |
9 |
3,600 |
4,474 |
Dorothea and Herbert Simon Fund |
517.84 |
222 |
52 |
147 |
421 |
1 |
422 |
512 |
Sloan Foundation Fund |
4,527.30 |
1,000 |
786 |
1,788 |
3,574 |
9 |
3,583 |
4,477 |
Amy Prudden Turner Fund |
124.94 |
30 |
8 |
56 |
94 |
— |
94 |
124 |
Anonymous Endowment Fund |
14,085.30 |
7,147 |
1,930 |
2,444 |
11,521 |
27 |
11,548 |
13,930 |
General Endowment Fund |
8,261.78 |
3,150 |
1,227 |
2,127 |
6,504 |
16 |
6,520 |
8,170 |
Members Endowment Fund |
4,400.27 |
2,393 |
601 |
692 |
3,686 |
9 |
3,695 |
4,352 |
103,725.83 |
$26,034 |
$16,840 |
$39,151 |
$82,025 |
$195 |
$82,220 |
$102,575 |
|
b. IOM |
||||||||
General Endowment Fund |
1,366.75 |
$ 761 |
$ 309 |
$ 179 |
$ 1,249 |
$ 3 |
$ 1,252 |
1,352 |
Robert Wood Johnson Foundation Fund |
11,852.48 |
5,000 |
2,283 |
2,564 |
9,847 |
23 |
9,870 |
11,721 |
IOM Reserve Fund |
576.21 |
500 |
95 |
8 |
603 |
1 |
604 |
570 |
Henry J. Kaiser Family Foundation Fund |
933.67 |
489 |
131 |
137 |
757 |
2 |
759 |
923 |
IOM Kellogg Fund |
321.89 |
283 |
40 |
— |
323 |
1 |
324 |
318 |
IOM Members Dues |
224.86 |
198 |
27 |
— |
225 |
— |
225 |
222 |
John D. and Catherine T. MacArthur Foundation Fund |
11,696.94 |
5,000 |
2,183 |
2,331 |
9,514 |
22 |
9,536 |
11,567 |
Pharmaceutical Discretionary Fund |
548.36 |
480 |
68 |
— |
548 |
1 |
549 |
542 |
Pharmaceutical Endowment Fund |
529.04 |
259 |
105 |
85 |
449 |
1 |
450 |
523 |
Miscellaneous - Private-Sector Fund |
62.75 |
26 |
17 |
10 |
53 |
— |
53 |
62 |
28,112.95 |
$12,996 |
$ 5,258 |
$ 5,314 |
$23,568 |
$ 54 |
$23,622 |
$ 27,800 |
|
c. Transportation Research Board TRB Reserve Fund |
1,700.41 |
$ 1,500 |
$ 264 |
$29 |
1,793 |
$ 3 |
1,796 |
1,682 |
1,700.41 |
$ 1,500 |
$ 264 |
$29 |
$1,793 |
$ 3 |
$ 1,796 |
$ 1,682 |
|
2. Restricted for Specific Purpose |
||||||||
a. Program |
||||||||
i. NAS - Outside Sources Arts in the Academy Fund |
10.68 |
$ 4 |
$ 5 |
$ 1 |
$ 10 |
$ — |
$ 10 |
$ 11 |
Basic Science Fund EarthSciences |
1,063.41 |
500 |
278 |
160 |
938 |
2 |
940 |
1,052 |
Biology and Biotechnology Fund |
836.81 |
420 |
108 |
119 |
647 |
2 |
649 |
828 |
Blakeslee Fund |
2,213.92 |
887 |
289 |
611 |
1,787 |
4 |
1,791 |
2,189 |
Thomas Lincoln Casey Fund |
5,902.91 |
258 |
1,980 |
2,312 |
4,550 |
11 |
4,561 |
5,838 |
Coca Cola Foundation Endowment Fund |
101.94 |
50 |
15 |
16 |
81 |
— |
81 |
101 |
Arthur L. Day Fund |
15,250.19 |
3,813 |
3,917 |
4,208 |
11,938 |
29 |
11,967 |
15,081 |
Cecil and Ida Green Fund |
1,333.82 |
467 |
193 |
412 |
1,072 |
3 |
1,075 |
1,319 |
Global Commons Project Fund |
100.12 |
$ 39 |
$ 33 |
$ 14 |
$ 86 |
$ — |
$ 86 |
$ 99 |
Houston Advanced Research Center |
— |
— |
10 |
— |
10 |
— |
10 |
— |
W. K. Kellogg Foundation Fund |
38,173.64 |
20,000 |
4,735 |
5,975 |
30,710 |
72 |
30,782 |
37,751 |
Kobelt Fund |
1,812.39 |
297 |
440 |
678 |
1,415 |
4 |
1,419 |
1,792 |
Andrew W. Mellon Foundation Fund |
2,101.26 |
1,000 |
328 |
338 |
1,666 |
4 |
1,670 |
2,078 |
Postemployment Benefits |
794.23 |
700 |
41 |
3 |
744 |
2 |
746 |
785 |
Frank Press Fund for Dissemination and Outreach |
1,958.94 |
1,151 |
280 |
278 |
1,709 |
4 |
1,713 |
1,937 |
Arthur M. Sackler Colloquia of the NAS |
639.25 |
625 |
40 |
— |
665 |
27 |
692 |
632 |
Scientists and Engineers for the Future Fund |
2,335.87 |
1,000 |
330 |
335 |
1,665 |
5 |
1,670 |
2,310 |
State Street Fund |
0.00 |
792 |
— |
— |
792 |
— |
792 |
609 |
74,629.38 |
$32,003 |
$13,022 |
$15,460 |
$60,485 |
$169 |
$60,654 |
$74,412 |
|
ii. NAS - Members Endowment(s) |
||||||||
Anthropology Fund |
0.53 |
$ — |
$ — |
$ — |
$ — |
$ — |
$ — |
$ 1 |
Board on Chemical Sciences Fund |
100.48 |
31 |
41 |
14 |
86 |
— |
86 |
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 |
4 |
Board on Physical Sciences Fund |
0.21 |
— |
— |
— |
— |
— |
— |
— |
Board on Physics and Astronomy Fund |
0.88 |
— |
— |
— |
— |
— |
— |
1 |
Committee on Human Rights Fund |
218.24 |
121 |
61 |
22 |
204 |
— |
204 |
216 |
Committee on International Security and Arms Control Fund |
70.76 |
25 |
27 |
9 |
61 |
— |
61 |
70 |
Committee on Life Sciences Fund |
25.23 |
10 |
9 |
3 |
22 |
— |
22 |
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 |
12 |
5 |
28 |
— |
28 |
33 |
The Family and Community Well-Being Fund |
2.82 |
1 |
1 |
— |
2 |
— |
2 |
3 |
Abel Wolman Lecture Fund |
0.22 |
— |
— |
— |
— |
— |
— |
— |
468.03 |
$ 206 |
$ 156 |
$ 54 |
$ 416 |
$ — |
$ 416 |
$ 465 |
|
iii. IOM |
||||||||
Consequences of Unisurance |
1.42 |
$ 1 |
$ — |
$ — |
$ 1 |
$ — |
$ 1 |
$ — |
Dissemination Activities |
2.31 |
2 |
— |
— |
2 |
— |
2 |
3 |
Distinguished Scholar Fund |
39.73 |
$12 |
$18 |
6 |
36 |
— |
36 |
39 |
Food and Nutrition Board |
1,356.80 |
525 |
385 |
211 |
1,121 |
3 |
1,124 |
1,342 |
Food and Nutrition Board Corporations Fund |
405.65 |
125 |
168 |
54 |
347 |
1 |
348 |
401 |
Food and Nutrition Board Members Fund |
13.33 |
4 |
7 |
1 |
12 |
— |
12 |
13 |
Howard Hughes Medical Institute Fund |
11,174.16 |
$5,000 |
$2,478 |
$1,955 |
$ 9,433 |
$21 |
$ 9,454 |
$11,051 |
Improving Health Policy Communication |
1.11 |
1 |
— |
— |
1 |
— |
1 |
2 |
Women's Health Issues Fund |
47.56 |
20 |
17 |
7 |
44 |
— |
44 |
47 |
13,042.07 |
$5,690 |
$3,073 |
$2,234 |
$10,997 |
$25 |
$11,022 |
$12,898 |
|
b. Prizes and Awards |
||||||||
i. NAS |
||||||||
American Psychological Association Science Directorate Fund |
48.26 |
$ 30 |
$ 11 |
$ 5 |
$ 46 |
$— |
$ 46 |
$ 48 |
Applied Mathematics and Numerical Analysis Fund |
0.00 |
0 |
15 |
— |
15 |
— |
15 |
0 |
Henryk Arctowski Fund |
2,384.72 |
96 |
1,171 |
693 |
1,960 |
5 |
1,965 |
2,359 |
Bache Fund |
386.23 |
60 |
42 |
185 |
287 |
1 |
288 |
382 |
Blaauw Fund |
819.38 |
71 |
246 |
313 |
630 |
2 |
632 |
810 |
John J. Carty Fund |
644.70 |
25 |
290 |
215 |
530 |
1 |
531 |
638 |
Comstock Fund |
572.44 |
10 |
278 |
163 |
451 |
1 |
452 |
566 |
Draper Fund |
253.84 |
6 |
127 |
87 |
220 |
— |
220 |
251 |
Elliot Fund |
156.23 |
8 |
63 |
53 |
124 |
— |
124 |
155 |
Estes Award in Social and Behavioral Sciences |
237.03 |
80 |
67 |
39 |
186 |
— |
186 |
235 |
Gibbs Brothers Fund |
257.05 |
24 |
90 |
92 |
206 |
— |
206 |
254 |
Gibbs Fund |
134.99 |
5 |
50 |
59 |
114 |
— |
114 |
134 |
Ralph E. Gomory Award for the Application of Science |
372.45 |
179 |
85 |
62 |
326 |
1 |
327 |
368 |
Gould Fund |
680.31 |
50 |
193 |
282 |
525 |
1 |
526 |
673 |
Joseph Henry Fund |
462.06 |
40 |
71 |
230 |
341 |
1 |
342 |
457 |
Alexander Hollaender Award in Biophysics |
270.47 |
100 |
88 |
40 |
228 |
1 |
229 |
268 |
Hunsaker Fund |
291.42 |
25 |
124 |
94 |
243 |
1 |
244 |
288 |
Hunt Fund |
144.82 |
10 |
83 |
33 |
126 |
— |
126 |
143 |
Kovalenko Fund |
971.10 |
49 |
452 |
296 |
797 |
2 |
799 |
960 |
Marsh Fund |
204.12 |
10 |
41 |
98 |
149 |
— |
149 |
202 |
George P. Merrill Fund |
71.19 |
10 |
19 |
28 |
57 |
— |
57 |
71 |
Monsanto Award in Molecular Biology |
952.00 |
421 |
174 |
175 |
770 |
2 |
772 |
941 |
Murray Fund |
191.71 |
6 |
101 |
45 |
152 |
— |
152 |
190 |
NAS Award for Chemistry in Service to Society |
344.98 |
182 |
54 |
48 |
284 |
1 |
285 |
341 |
NAS Award in Mathematics |
55.00 |
54 |
0 |
0 |
54 |
— |
54 |
54 |
NAS Award in Neurosciences |
380.42 |
140 |
132 |
58 |
330 |
1 |
331 |
376 |
NAS Fund for Sciences and Technology in International Affairs |
177.93 |
49 |
82 |
26 |
157 |
— |
157 |
176 |
Pradel Fund |
601.86 |
17 |
355 |
140 |
512 |
1 |
513 |
595 |
H. P. Robertson Lectureship Fund |
215.31 |
20 |
88 |
70 |
178 |
— |
178 |
213 |
Helen P. Smith Fund |
464.83 |
67 |
175 |
141 |
383 |
1 |
384 |
460 |
Mrs. J. Lawrence Smith Fund |
518.02 |
8 |
245 |
170 |
423 |
1 |
424 |
512 |
Thompson Fund |
213.81 |
10 |
82 |
83 |
175 |
— |
175 |
211 |
Troland Fund |
3,244.36 |
506 |
1,435 |
1,128 |
3,069 |
6 |
3,075 |
3,209 |
USNC/IAU |
111.51 |
100 |
11 |
— |
111 |
— |
111 |
110 |
Waksman Award |
— |
— |
— |
— |
— |
(6) |
(6) |
0.00 |
Walcott Fund |
75.88 |
5 |
21 |
30 |
56 |
— |
56 |
75 |
G. K. Warren Fund |
149.01 |
$ 15 |
$ 62 |
$ 49 |
$ 126 |
$ — |
$ 126 |
$147 |
Watson Fund |
1,011.55 |
25 |
508 |
275 |
808 |
2 |
810 |
1,000 |
18,070.99 |
$ 2,513 |
$ 7,131 |
$ 5,505 |
$ 15,149 |
$ 26 |
$ 15,175 |
$17,872 |
|
ii. IOM |
||||||||
Gustav O. Lienhard Award |
2,963.98 |
$ 1,200 |
$ 873 |
$ 405 |
$ 2,478 |
$(498) |
$ 1,980 |
$ 2,931 |
Rhonda and Bernard G. Sarnat International Prize in Mental Health |
1,185.13 |
1,009 |
127 |
86 |
1,222 |
2 |
1,224 |
1,172 |
4,149.11 |
$ 2,209 |
$ 1,000 |
$ 491 |
$ 3,700 |
$(496) |
$ 3,204 |
$ 4,103 |
|
c. The National Academies' Corporation |
18,837.50 |
$ 11,677 |
$ 1,717 |
$ 2,805 |
$ 16,199 |
$ 36 |
$ 16,235 |
18,629 |
18,837.50 |
$ 11,677 |
$ 1,717 |
$ 2,805 |
$ 16,199 |
$ 36 |
$ 16,235 |
$ 18,629 |
|
d. Woods Hole |
||||||||
Peter C. Cornell Fund |
240.62 |
$ 100 |
$40 |
$61 |
$201 |
$ 0 |
$ 201 |
$238 |
Erik Jonsson Woods Hole Fund |
4,180.73 |
2,003 |
819 |
649 |
3,471 |
8 |
3,479 |
4,135 |
Penzance Foundation Fund |
1,046.69 |
502 |
208 |
162 |
872 |
2 |
874 |
1,035 |
Woods Hole Endowment Fund |
1,214.91 |
954 |
137 |
125 |
1,216 |
2 |
1,218 |
1,201 |
Woods Hole Fund |
38.83 |
13 |
9 |
8 |
30 |
— |
30 |
38 |
Richard King Mellon Foundation Fund |
183.54 |
50 |
67 |
41 |
158 |
— |
158 |
182 |
6,905.32 |
$ 3,622 |
$ 1,280 |
$ 1,046 |
$ 5,948 |
$ 12 |
$ 5,960 |
$ 6,829 |
|
e. Transportation Research Board Turner Award |
0.00 |
$ 37 |
$1 |
$ — |
$ 38 |
$ 2 |
$ 40 |
$0 |
0.00 |
$ 37 |
$1 |
$ — |
$ 38 |
$ 2 |
$ 40 |
$0 |
|
f. PNAS Billings Fund |
590.02 |
$ 50 |
$ 266 |
$ 167 |
$ 483 |
$ 1 |
$ 484 |
583 |
590.02 |
$ 50 |
$ 266 |
$ 167 |
$ 483 |
$ 1 |
$ 484 |
$ 584 |
|
B. Funds Functioning as Endowment |
||||||||
1. NAS - Prizes and Awards Henry G. Booker Fellowship Fund |
23.90 |
$ 20 |
$ — |
$ 3 |
$ 23 |
$ — |
$ 23 |
$ 24 |
2. PNAS Proceedings of the National Academy of Sciences Fund |
3,088.23 |
1,000 |
857 |
736 |
2,593 |
6 |
2,599 |
3,054 |
3. TNAC TNAC Capital Fund |
2,329.85 |
1,595 |
378 |
283 |
2,256 |
4 |
2,260 |
2,304 |
5,441.98 |
$ 2,615 |
$ 1,235 |
$ 1,022 |
$ 4,872 |
$ 10 |
$ 4,882 |
$ 5,382 |
|
C. Restricted Contributions |
||||||||
1. NAS |
||||||||
a. Program |
||||||||
Basic Science Fund Various |
— |
$ — |
$ 1 |
$ — |
$ 1 |
$ — |
$ 1 |
$ — |
Slipher Fund |
— |
— |
169 |
— |
169 |
— |
169 |
— |
b. Prizes and Awards |
— |
— |
— |
|||||
Chemical Science Award Merck |
272.43 |
278 |
1 |
— |
279 |
1 |
280 |
270 |
Levison Memorial Fund |
— |
— |
2 |
— |
2 |
— |
2 |
— |
Richard Lounsbery Foundation Award |
— |
— |
— |
— |
— |
(23) |
(23) |
— |
NAS Award for Initiatives in Research |
— |
— |
— |
— |
— |
(3) |
(3) |
— |
NAS Libraries Project |
4 |
4 |
— |
|||||
NAS Award in Scientific Reviewing |
— |
— |
— |
— |
— |
(2) |
(2) |
— |
NAS Support Staff Award |
— |
— |
2 |
— |
2 |
— |
2 |
— |
272.43 |
$ 278 |
$ 175 |
$ — |
$ 453 |
$ (23) |
$ 430 |
$ 270 |
|
TOTAL |
275,946.02 |
$101,430 |
$51,418 |
$73,278 |
$226,126 |
$ 14 |
$226,140 |
$273,501 |
Endowment and Trust Investment Funds - Financial Detail of Funds for the Year Ended December 31, 2000
($ in thousands) ENDOWMENT AND TRUST INVESTMENT POOL |
||||||
Fund Equity Dec. 31, 1999 |
Contributions |
Income Earned |
Capital Gains |
Expenditures and Transfers |
Fund Equity Dec. 31, 2000 |
|
A. Endowment |
||||||
1. Unrestricted |
||||||
a. NAS |
||||||
Agassiz Fund |
$ 487 |
$ — |
$ 38 |
$— |
$ (125) |
$ 400 |
Carnegie Fund |
27,098 |
— |
2,695 |
(5) |
(597) |
29,191 |
Commonwealth Fund |
1,704 |
— |
155 |
— |
(51) |
1,808 |
Carl Eckart Fund |
1,552 |
— |
129 |
— |
(448) |
1,233 |
Ford Foundation Fund |
17,043 |
— |
1,560 |
(3) |
(837) |
17,763 |
Henrietta and Alexander Hollaender Fund |
738 |
— |
68 |
— |
(52) |
754 |
Grayce B. Kerr Fund |
354 |
— |
32 |
— |
(17) |
369 |
National Academy of Sciences Reserve Fund |
77 |
— |
55 |
— |
846 |
978 |
Nealley Fund |
180 |
— |
15 |
— |
35 |
230 |
Simon Ramo Fund |
45 |
— |
2 |
(15) |
— |
32 |
Rockefeller Foundation Fund |
3,518 |
— |
321 |
(1) |
(238) |
3,600 |
Dorothea and Herbert Simon Fund |
402 |
8 |
37 |
— |
(25) |
422 |
Sloan Foundation Fund |
3,520 |
— |
321 |
(1) |
(257) |
3,583 |
Amy Prudden Turner Fund |
103 |
— |
9 |
— |
(18) |
94 |
Anonymous Endowment Fund |
10,933 |
— |
1,005 |
(2) |
(388) |
11,548 |
General Endowment Fund |
6,317 |
1 |
590 |
(1) |
(387) |
6,520 |
Members Endowment Fund |
3,560 |
90 |
312 |
(1) |
(266) |
3,695 |
$77,631 |
$ 99 |
$7,344 |
$(14) |
$(2,840) |
$82,220 |
|
b. IOM |
||||||
General Endowment Fund |
$ 1,043 |
$142 |
$ 93 |
$ — |
$ (26) |
$ 1,252 |
Robert Wood Johnson Foundation Fund |
8,509 |
— |
833 |
(2) |
530 |
9,870 |
IOM Reserve Fund |
552 |
— |
52 |
— |
— |
604 |
Henry J. Kaiser Family Foundation Fund |
685 |
— |
74 |
— |
— |
759 |
IOM Kellogg Fund |
309 |
— |
15 |
— |
— |
324 |
IOM Members Dues |
210 |
— |
15 |
— |
— |
225 |
John D. and Catherine T. MacArthur Foundation Fund |
8,511 |
— |
821 |
(2) |
206 |
9,536 |
Pharmaceutical Discretionary Fund |
511 |
— |
38 |
— |
— |
549 |
Pharmaceutical Endowment Fund |
391 |
— |
37 |
— |
22 |
450 |
Miscellaneous - Private-Sector Fund |
47 |
— |
6 |
— |
— |
53 |
$20,768 |
$142 |
$1,984 |
$ (4) |
$ 732 |
$23,622 |
|
c. Transportation Research Board TRB Reserve Fund |
$ 1,676 |
$ — |
$ 120 |
$ — |
$ — |
$ 1,796 |
$ 1,676 |
$ — |
$ 120 |
$ — |
$ — |
$ 1,796 |
|
2. Restricted for Specific Purpose |
||||||
a. Program |
||||||
i. NAS - Outside Sources |
||||||
Arts in the Academy Fund |
$ 9 |
$ — |
$ 1 |
$ — |
$ — |
$ 10 |
Basic Science Fund Earth-Sciences |
865 |
— |
75 |
— |
— |
940 |
Biology and Biotechnology Fund |
636 |
— |
59 |
— |
(46) |
649 |
Blakeslee Fund |
1,737 |
— |
162 |
— |
(108) |
1,791 |
Thomas Lincoln Casey Fund |
4,412 |
— |
414 |
(1) |
(264) |
4,561 |
Coca Cola Foundation Endowment Fund |
80 |
— |
6 |
— |
(5) |
81 |
Arthur L. Day Fund |
10,363 |
1,151 |
1,060 |
(3) |
(604) |
11,967 |
Cecil and Ida Green Fund |
$ 1,041 |
$ — |
$ 94 |
$ — |
$ (60) |
$ 1,075 |
Global Commons Project Fund |
$81 |
— |
5 |
— |
— |
$86 |
Houston Advanced Research Center |
11 |
— |
— |
(1) |
— |
10 |
W. K. Kellogg Foundation Fund |
29,740 |
— |
2,684 |
(6) |
(1,636) |
30,782 |
Kobelt Fund |
1,370 |
— |
127 |
— |
(78) |
1,419 |
Andrew W. Mellon Foundation Fund |
1,615 |
— |
149 |
— |
(94) |
1,670 |
Postemployment Benefits |
1,569 |
— |
52 |
— |
(875) |
746 |
Frank Press Fund for Dissemination and Outreach |
1,710 |
2 |
135 |
(1) |
(133) |
1,713 |
Arthur M. Sackler Colloquia of the NAS |
0 |
700 |
40 |
— |
(48) |
692 |
Scientists and Engineers for the Future Fund |
1,593 |
— |
164 |
— |
(87) |
1,670 |
State Street Fund |
244 |
548 |
— |
— |
— |
792 |
$57,076 |
$2,401 |
$5,227 |
$(12) |
$(4,038) |
$60,654 |
|
ii. NAS - Members Endowment(s) |
||||||
Anthropology Fund |
$ — |
$ — |
$ — |
$ — |
$ — |
$ — |
Board on Chemical Sciences Fund |
79 |
— |
7 |
— |
— |
86 |
Board on Earth Sciences Fund |
5 |
— |
— |
— |
— |
5 |
Board on Mathematical Sciences Fund |
3 |
— |
— |
— |
— |
3 |
Board on Physical Sciences Fund |
1 |
— |
— |
— |
— |
1 |
Board on Physics and Astronomy Fund |
— |
— |
— |
— |
— |
— |
Committee on Human Rights Fund |
178 |
17 |
9 |
— |
— |
204 |
Committee on International Security and Arms Control Fund |
55 |
3 |
3 |
— |
— |
61 |
Committee on Life Sciences Fund |
20 |
— |
2 |
— |
— |
22 |
Embryology Fund |
2 |
— |
— |
— |
— |
2 |
Environmental Studies Fund |
— |
— |
— |
— |
— |
— |
Math and Science Education Endowment Fund |
1 |
— |
— |
— |
— |
1 |
NAS Class I Fund |
2 |
— |
— |
— |
— |
2 |
Section 14 Chemistry Discretionary Fund |
25 |
— |
3 |
— |
— |
28 |
The Family and Community Well-Being Fund |
2 |
— |
— |
— |
— |
2 |
Abel Wolman Lecture Fund |
0 |
— |
— |
— |
— |
— |
$ 373 |
$ 20 |
$ 24 |
$ — |
$ — |
$ 417 |
|
iii. IOM |
||||||
Consequences of Unisurance |
$— |
$1 |
— |
— |
— |
1 |
Dissemination Activities |
— |
2 |
— |
— |
— |
2 |
Distinguished Scholar Fund |
31 |
4 |
1 |
— |
— |
36 |
Food and Nutrition Board |
1,181 |
— |
98 |
— |
(155) |
1,124 |
Food and Nutrition Board Corporations Fund |
319 |
— |
29 |
— |
— |
348 |
Food and Nutrition Board Members Fund |
12 |
— |
0 |
— |
— |
12 |
Howard Hughes Medical Institute Fund |
8,789 |
— |
794 |
(2) |
(127) |
9,454 |
Improving Health Policy |
— |
1 |
— |
— |
— |
1 |
Women's Health Issues Fund |
40 |
— |
4 |
— |
— |
44 |
$10,372 |
$ 8 |
$ 926 |
$ (2) |
$ (282) |
$11,022 |
|
b. Prizes and Awards |
||||||
i. NAS |
||||||
American Psychological Association Science Directorate Fund |
$ 47 |
$— |
$ — |
$— |
$ (1) |
$ 46 |
Applied Mathematics and Numerical Analysis Fund |
30 |
— |
— |
(15) |
15 |
|
Henryk Arctowski Fund |
1,853 |
— |
168 |
— |
(56) |
1,965 |
Bache Fund |
281 |
— |
28 |
— |
(21) |
288 |
Blaauw Fund |
568 |
— |
64 |
— |
— |
632 |
John J. Carty Fund |
516 |
— |
45 |
— |
(30) |
531 |
Comstock Fund |
406 |
— |
$46 |
— |
— |
$452 |
Draper Fund |
198 |
— |
22 |
— |
— |
220 |
Elliot Fund |
118 |
— |
11 |
— |
(5) |
124 |
Estes Award in Social and Behavioral Sciences |
167 |
— |
19 |
— |
— |
186 |
Gibbs Brothers Fund |
185 |
— |
21 |
— |
— |
206 |
Gibbs Fund |
108 |
— |
10 |
— |
(4) |
114 |
Ralph E. Gomory Award for the Application of Science |
293 |
— |
34 |
— |
— |
327 |
Gould Fund |
473 |
— |
53 |
— |
— |
526 |
Joseph Henry Fund |
341 |
— |
32 |
— |
(31) |
342 |
Alexander Hollaender Award in Biophysics |
210 |
— |
20 |
— |
(1) |
229 |
Hunsaker Fund |
240 |
— |
21 |
— |
(17) |
244 |
Hunt Fund |
115 |
— |
11 |
— |
— |
126 |
Kovalenko Fund |
728 |
5 |
66 |
— |
— |
799 |
Marsh Fund |
136 |
— |
13 |
— |
— |
149 |
George P. Merrill Fund |
51 |
— |
6 |
— |
— |
57 |
Mithcell Prize |
0 |
16 |
— |
— |
(16) |
— |
Monsanto Award in Molecular Biology |
741 |
— |
67 |
— |
(36) |
772 |
Murray Fund |
114 |
— |
14 |
— |
24 |
152 |
NAS Award for Chemistry in Service to Society |
259 |
— |
26 |
— |
— |
285 |
NAS Award in Mathematics |
58 |
— |
4 |
— |
(8) |
54 |
NAS Award in Neurosciences |
303 |
— |
28 |
— |
— |
331 |
NAS Fund for Sciences and Technology in International Affairs |
144 |
— |
13 |
— |
— |
157 |
Pradel Fund |
470 |
— |
43 |
— |
— |
513 |
H. P. Robertson Lectureship Fund |
173 |
— |
15 |
— |
(10) |
178 |
Helen P. Smith Fund |
361 |
— |
33 |
— |
(10) |
384 |
Mrs. J. Lawrence Smith Fund |
396 |
— |
39 |
— |
(11) |
424 |
Thompson Fund |
154 |
— |
21 |
— |
— |
175 |
Troland Fund |
2,886 |
— |
228 |
(1) |
(38) |
3,075 |
UNSC/IAU |
104 |
— |
7 |
— |
— |
111 |
Waksman Award |
(18) |
14 |
— |
— |
(2) |
(6) |
Walcott Fund |
51 |
— |
5 |
— |
— |
56 |
G. K. Warren Fund |
115 |
— |
11 |
— |
— |
126 |
Watson Fund |
760 |
— |
71 |
— |
(21) |
810 |
$14,135 |
$35 |
$1,315 |
$ (1) |
$(309) |
$15,175 |
|
Endowment and Trust Investment Pool -December 31, 2000
($ in thousands) |
|||||||
Balance Dec. 31, 1999 (at cost) |
Additions (at cost) |
Reductions * |
Net Gain/(Loss) |
Balance Dec. 31, 2000 (at cost) ** |
Quoted Market Dec. 31, 2000 |
Investment Income Year Ended Dec. 31, 2000 |
|
FIXED-INCOME SECURITIES (Schedule 2-A) |
|||||||
Cash Equivalents |
$3,215 |
$1,622 |
$3,046 |
$— |
$1,791 |
$1,791 |
$72 |
Bonds and Notes |
76,450 |
1,422 |
2,555 |
(36) |
75,281 |
73,235 |
4,775 |
Real Estate - Mortgages |
10,841 |
— |
1,040 |
— |
9,801 |
9,711 |
946 |
Total Fixed-Income Securities |
$90,506 |
$3,044 |
$6,641 |
$(36) |
$86,873 |
$84,737 |
$5,793 |
EQUITY SECURITIES (Schedule 2-B) |
121,831 |
14,049 |
153 |
— |
135,727 |
188,764 |
13,272 |
TOTAL POOLED INVESTMENTS |
$212,337 |
$17,093 |
$6,794 |
$(36) |
$222,600 |
$273,501 |
$19,065 |
Less: Investment Advisory Fees |
(91) |
||||||
Net Investment Income |
$18,974 |
||||||
*Reductions from sales, redemptions, or payoff of mortgage. **Balance excludes short-term investments that are reported in Schedules 1-A and 1-B. |
Endowment and Trust Investment Pool - Fixed-Income Securities December 31, 2000
($ in thousands) |
|||||
Interest Rate |
Maturity |
Principal Amount |
Cost |
Quoted Market |
|
CASH EQUIVALENTS |
|||||
Admiral Money Market Fund |
Variable (1) |
Demand |
$ 558 |
$ 558 |
$ 558 |
Fidelity Money Market Trust |
Variable (2) |
Demand |
1,233 |
1,233 |
1,233 |
TOTAL CASH EQUIVALENTS |
$ 1,791 |
$ 1,791 |
$ 1,791 |
||
BONDS AND NOTES |
|||||
BZW Barclay's U. S. Debt Index Fund B |
Variable (3) |
Demand |
$37,658 |
$37,658 |
$39,059 |
MAS Fixed Income II Institutional |
Variable (4) |
Demand |
12,408 |
12,408 |
11,742 |
MAS High Yield Institutional Fund |
Variable (5) |
Demand |
6,618 |
6,618 |
4,827 |
T. Rowe Price International Bond Fund |
Variable (6)) |
Demand |
2,834 |
2,834 |
2,453 |
Scudder International Bond Fund |
Variable (7) |
Demand |
3,101 |
3,101 |
2,401 |
State Street Bank |
— |
Demand |
244 |
244 |
852 |
U.S. Treasury Securities |
— |
05/15/23 |
5,998 |
5,998 |
6,458 |
Vanguard High-Yield Corporate |
Variable (8) |
Demand |
6,420 |
6,420 |
5,443 |
TOTAL BONDS AND NOTES |
$75,281 |
$75,281 |
$73,235 |
||
REAL ESTATE MORTGAGES |
|||||
Bank of New York |
9.125% |
$ 8,047 |
$ 8,047 |
$7,957 * |
|
Bank of New York |
9.125% |
1,754 |
1,754 |
1,754 * |
|
TOTAL REAL ESTATE - MORTGAGES |
$ 9,801 |
$ 9,801 |
$ 9,711 |
Current yield at December 31, 2000:
-
6.16%
-
6.49%
-
7.18%
-
6.90%
-
14.15%
-
4.58%
-
4.18%
-
10.34%
*recorded at cost
Endowment and Trust Investment Pool - Equity Securities December 31, 2000
($ in thousands) |
|||
Number of Shares |
Cost |
Quoted Market |
|
Jones and Babson Enterprise Fund |
821,348 |
$12,063 |
$10,242 |
Berkshire Hathaway, Inc. |
258 |
1,128 |
18,318 |
Berkshire Hathaway, Inc. (Class B) |
9 |
14 |
21 |
Capital International Emerging Market Fund |
66,310 |
1,344 |
1,865 |
Chiron Corporation |
9,756 |
205 |
434 |
Scudder International Fund |
162,951 |
7,114 |
8,198 |
Templeton Emerging Market Fund |
183,626 |
2,007 |
1,590 |
Templeton Foreign Equity Series |
937,512 |
11,999 |
15,891 |
Vanguard Index Extended Institional Shares |
590,549 |
18,104 |
15,720 |
Vanguard Institutional Index Fund |
433,634 |
18,312 |
52,353 |
Vanguard International European Portfolio |
364,025 |
6,655 |
9,477 |
Vanguard International Pacific Portfolio |
223,246 |
2,507 |
1,998 |
Vanguard International Growth Portfolio |
321,445 |
4,039 |
6,066 |
Vanguard International Value |
166,750 |
4,624 |
4,341 |
Vanguard Small Capitalization Institional Portfolio |
755,802 |
17,291 |
14,693 |
Vanguard Windsor Fund |
1,172,915 |
18,889 |
17,934 |
Warburg Pincus Instiutional Emerging Market Fund |
190,811 |
2,145 |
1,593 |
Subtotal |
$128,440 |
$180,734 |
|
Private Placements |
|||
Belmont II Limited Partners |
— |
— |
2 |
Commonfund, III (IPEP) |
— |
175 |
121 |
Commonfund, IV (EPEP) |
— |
150 |
139 |
Capital Z, (IP, II) |
— |
2,017 |
2,017 |
Goldman Sachs |
— |
994 |
994 |
Insurance Partners, I |
— |
1,318 |
1,318 |
MIT Private Equity Fund |
— |
750 |
750 |
New Enterprise Associates |
— |
540 |
124 |
The Investment Fund Foundation |
— |
1,343 |
2,565 |
Subtotal |
$7,287 |
$8,030 |
|
TOTAL EQUITY SECURITIES |
$135,727 |
$188,764 |