(Dollars in thousands) | ||||||||||||
Capital Contributions as of Dec. 31, 2011 | Market Value at Dec. 31, 2010 | 2011 Contributions | 2011 Investment Gain/(Loss) | 2011 Expenditures & Transfers | Market Value at Dec. 31, 2011 | |||||||
I. Funds that Support the NAS | ||||||||||||
A. General Fund |
||||||||||||
Agassiz Fund |
$ | 50 | $ | 529 | $ | - | $ | (31) | $ | (21) | $ | 477 |
Carnegie Fund |
3,275 | 36,593 | - | (2,149) | (1,449) | 32,995 | ||||||
Commonwealth Fund |
500 | 2,376 | - | (140) | (94) | 2,142 | ||||||
Carl Eckart Fund * |
1,246 | 2,418 | - | (142) | (96) | 2,180 | ||||||
Ford Foundation Fund |
5,000 | 23,356 | - | (1,372) | (924) | 21,060 | ||||||
Henrietta and Alexander Hollaender Fund * |
500 | 1,043 | - | (61) | (41) | 941 | ||||||
Grayce B. Kerr Fund |
250 | 519 | - | (30) | (21) | 468 | ||||||
Nealley Fund |
19 | 209 | - | (12) | (8) | 189 | ||||||
Simon Ramo Fund |
14 | 36 | - | (3) | (1) | 32 | ||||||
Rockefeller Foundation Fund * |
1,000 | 4,736 | - | (278) | (187) | 4,271 | ||||||
Dorothea and Herbert Simon Fund |
899 | 1,084 | 254 | (68) | (43) | 1,227 | ||||||
Sloan Foundation Fund * |
1,000 | 4,721 | - | (277) | (187) | 4,257 | ||||||
Amy Prudden Turner Fund * |
30 | 120 | - | (7) | (5) | 108 | ||||||
Anonymous Endowment Fund |
7,147 | 15,175 | - | (891) | (601) | 13,683 | ||||||
General Endowment Fund * |
3,899 | 9,151 | 147 | (541) | (341) | 8,416 | ||||||
General Endowment Fund |
454 | 535 | - | (32) | (18) | 485 | ||||||
Members Endowment Fund |
2,795 | 5,201 | 21 | (307) | (202) | 4,713 | ||||||
|
$ | 28,078 | $ | 107,802 | $ | 422 | $ | (6,341) | $ | (4,239) | $ | 97,644 |
B. Woods Hole |
||||||||||||
Peter C. Cornell Trust Fund * |
$ | 100 | $ | 251 | $ | - | $ | (15) | $ | (10) | $ | 226 |
J. Erik Jonsson Woods Hole Fund |
2,003 | 4,334 | - | (254) | (174) | 3,906 | ||||||
Richard King Mellon Foundation Fund |
50 | 183 | - | (11) | (7) | 165 | ||||||
Penzance Foundation Fund |
502 | 1,090 | - | (64) | (44) | 982 | ||||||
Woods Hole Endowment Fund |
971 | 1,253 | - | (74) | (50) | 1,129 | ||||||
Woods Hole Fund |
13 | 39 | - | (2) | (2) | 35 | ||||||
|
$ | 3,639 | $ | 7,150 | $ | - | $ | (420) | $ | (287) | $ | 6,443 |
C. Presidents’ Committee Funds |
||||||||||||
Basic Science Fund - Earth Sciences |
$ | 503 | $ | 1,462 | $ | - | $ | (86) | $ | (2) | $ | 1,374 |
Biology and Biotechnology Fund |
420 | 914 | - | (54) | 186 | 1,046 | ||||||
Thomas Lincoln Casey Fund |
258 | 6,185 | - | (347) | (462) | 5,376 | ||||||
Coca-Cola Foundation Fund |
50 | 156 | - | (9) | 8 | 155 | ||||||
Arthur L. Day Fund |
5,048 | 17,815 | - | (1,032) | 44 | 16,827 | ||||||
Cecil and Ida Green Fund |
467 | 1,513 | - | (86) | 25 | 1,452 | ||||||
W. K. Kellogg Foundation Fund |
20,000 | 42,864 | - | (2,445) | (1,608) | 38,811 | ||||||
Kobelt Fund * |
297 | 2,071 | - | (120) | (57) | 1,894 | ||||||
Andrew W. Mellon Foundation Fund |
1,000 | 1,562 | - | (86) | (113) | 1,363 | ||||||
George and Cynthia Mitchell Endowment for Sustainability Sciences |
20,000 | 22,534 | 2,000 | (1,302) | (681) | 22,551 | ||||||
George and Cynthia Mitchell Matching Endowment * |
115 | 70 | 75 | (7) | 201 | 339 | ||||||
Frank Press Fund for Dissemination and Outreach |
1,167 | 2,184 | - | (128) | (51) | 2,005 | ||||||
Scientists and Engineers for the Future Fund |
1,000 | 1,675 | - | (95) | (42) | 1,538 | ||||||
|
$ | 50,325 | $ | 101,005 | $ | 2,075 | $ | (5,797) | $ | (2,552) | $ | 94,731 |
* Denotes funds for which the contribution was not permanently restricted by the donor
(Dollars in thousands) | ||||||||||||
Capital Contributions as of Dec. 31, 2011 | Market Value at Dec. 31, 2010 | 2011 Contributions | 2011 Investment Gain/(Loss) | 2011 Expenditures & Transfers | Market Value at Dec. 31, 2011 | |||||||
D. Program Specific Funds |
||||||||||||
Arnold and Mabel Beckman Fund of the NAS and NAE * |
$ | 11,979 | $ | 4,387 | $ | 5 | $ | (181) | $ | (1,075) | $ | 3,136 |
Billings Fund |
50 | 972 | - | (59) | (1) | 912 | ||||||
Blakeslee Fund |
887 | 2,413 | - | (133) | (127) | 2,153 | ||||||
Henry G. Booker Fellowship Fund |
21 | 62 | - | (3) | (2) | 57 | ||||||
Communications Initiative Fund * |
- | 3,376 | - | (198) | (136) | 3,042 | ||||||
Cultural Programs of the NAS Fund |
28 | 45 | - | (3) | - | 42 | ||||||
Henry and Bryna David Endowment |
850 | 1,465 | - | (86) | (26) | 1,353 | ||||||
Global Commons Project Fund |
39 | 177 | - | (11) | - | 166 | ||||||
Marian Koshland Science Museum Fund * |
22,786 | 21,125 | - | (1,126) | (1,929) | 18,070 | ||||||
Bruce Alberts Fund for the Marian Koshland Science Museum * |
5,195 | 6,809 | - | (400) | (111) | 6,298 | ||||||
National Science Resources Center Fund * |
4,986 | 6,133 | - | (368) | (8) | 5,757 | ||||||
New Canaan Library Fund |
4 | 12 | - | (1) | - | 11 | ||||||
Kumar and Shela Patel Endowment for US-India Dialogs |
603 | 850 | 1 | (50) | (23) | 778 | ||||||
Arthur M. Sackler Colloquia Fund |
4,375 | 6,224 | - | (352) | (275) | 5,597 | ||||||
Raymond & Beverly Sackler USA-UK Scientific Forum Endowment |
2,025 | 2,103 | - | (126) | (3) | 1,974 | ||||||
Raymond & Beverly Sackler Fund |
2,000 | - | 2,000 | 39 | 100 | 2,139 | ||||||
USNC/IAU * |
100 | 182 | - | (11) | - | 171 | ||||||
NAS Members Endowment(s) |
59 | 304 | - | (18) | (1) | 285 | ||||||
Christine Mirzayan Fellowship Endowment |
6 | 7 | - | (1) | - | 6 | ||||||
Seymour Benzer Lecture Series |
128 | 134 | - | (8) | - | 126 | ||||||
|
$ | 56,121 | $ | 56,780 | $ | 2,006 | $ | (3,096) | $ | (3,617) | $ | 52,073 |
E. Prizes and Awards |
||||||||||||
American Psychological Association Science Directorate Fund |
$ | 30 | $ | 72 | $ | - | $ | (4) | $ | 68 | ||
Henryk Arctowski Fund |
96 | 3,519 | - | (200) | (102) | 3,217 | ||||||
Bache Fund |
60 | 374 | - | (22) | (1) | 351 | ||||||
Blaauw Fund |
71 | 814 | - | (49) | (2) | 763 | ||||||
John J. Carty Fund |
25 | 726 | - | (43) | (6) | 677 | ||||||
Comstock Fund |
11 | 843 | - | (50) | (7) | 786 | ||||||
Draper Fund |
6 | 341 | - | (20) | (6) | 315 | ||||||
Elliot Fund |
8 | 184 | - | (11) | (5) | 168 | ||||||
Estes Award in Social and Behavioral Sciences |
80 | 249 | - | (15) | (5) | 229 | ||||||
Gibbs Brothers Fund |
24 | 242 | - | (14) | (7) | 221 | ||||||
Gibbs Fund |
5 | 152 | - | (9) | - | 143 | ||||||
Ralph E. Gomory Award for the Application of Science |
179 | 544 | - | (28) | (40) | 476 | ||||||
Gould Fund |
50 | 672 | - | (40) | (1) | 631 | ||||||
Joseph Henry Fund |
40 | 437 | - | (26) | (1) | 410 | ||||||
Alexander Hollaender Award in Biophysics |
100 | 317 | - | (19) | (5) | 293 | ||||||
Hunsaker Fund |
25 | 440 | - | (26) | (5) | 409 | ||||||
Franklin Livingston Hunt Fund |
11 | 254 | - | (15) | - | 239 |
* Denotes funds for which the contribution was not permanently restricted by the donor
(Dollars in thousands) | ||||||||||||
Capital Contributions as of Dec. 31, 2011 | Market Value at Dec. 31, 2010 | 2011 Contributions | 2011 Investment Gain/(Loss) | 2011 Expenditures & Transfers | Market Value at Dec. 31, 2011 | |||||||
Kovalenko Fund |
64 | 1,479 | - | (88) | (7) | 1,384 | ||||||
Marsh Fund |
10 | 191 | - | (11) | - | 180 | ||||||
George P. Merrill Fund |
10 | 627 | - | (38) | (1) | 588 | ||||||
Stanley Miller Award * |
205 | 213 | - | (13) | - | 200 | ||||||
Monsanto Award in Molecular Biology |
421 | 1,108 | - | (62) | (45) | 1,001 | ||||||
Murray Fund |
6 | 165 | - | (10) | (5) | 150 | ||||||
NAS Award for Chemistry in Service to Society |
182 | 383 | - | (19) | (41) | 323 | ||||||
NAS Award in Mathematics |
54 | 61 | - | (4) | - | 57 | ||||||
NAS Award in Chemical Sciences |
509 | 520 | 31 | (29) | (23) | 499 | ||||||
NAS Award in Neuroscience |
140 | 500 | - | (30) | (5) | 465 | ||||||
NAS Fund for Sciences and Technology in International Affairs |
49 | 274 | - | (16) | (1) | 257 | ||||||
Pradel Fund |
16 | 1,832 | - | (109) | (8) | 1,715 | ||||||
H. P. Robertson Lectureship Fund |
20 | 316 | - | (19) | - | 297 | ||||||
Helen P. Smith Fund |
67 | 661 | - | (39) | (6) | 616 | ||||||
Mrs. J. Lawrence Smith Fund |
8 | 721 | - | (43) | (6) | 672 | ||||||
Thompson Fund |
10 | 237 | - | (14) | (5) | 218 | ||||||
Troland Fund |
505 | 4,491 | - | (255) | (134) | 4,102 | ||||||
Walcott Fund |
5 | 82 | - | (5) | (5) | 72 | ||||||
G. K. Warren Fund |
15 | 190 | - | (11) | (6) | 173 | ||||||
Watson Fund |
25 | 1,440 | - | (86) | (7) | 1,347 | ||||||
|
$ | 3,142 | $ | 25,671 | $ | 31 | $ | (1,492) | $ | (498) | $ | 23,712 |
F. Reserve Funds |
||||||||||||
National Academy of Sciences Reserve Fund * |
$ | 6,739 | $ | 5,623 | $ | 83 | $ | (295) | $ | (525) | $ | 4,886 |
Proceedings of the National Academy of Sciences Fund * |
1,000 | 1,193 | - | (72) | (1) | 1,120 | ||||||
Transportation Research Board Reserve Fund * |
1,500 | 2,425 | - | (145) | (3) | 2,277 | ||||||
Due to (from) National Academy of Sciences * |
- | - | - | (2,056) | (2,056) | |||||||
|
$ | 9,239 | $ | 9,241 | $ | 83 | $ | (512) | $ | (2,585) | $ | 6,227 |
Subtotal — Funds that Support the NAS | $ | 150,544 | $ | 307,649 | $ | 4,617 | $ | (17,658) | $ | (13,778) | $ | 280,830 |
II. Funds that Support the IOM | ||||||||||||
A. General Funds |
||||||||||||
General Endowment Fund |
$ | 1,138 | $ | 1,903 | 18 | $ | (111) | $ | (81) | $ | 1,729 | |
Robert Wood Johnson Foundation Fund |
5,000 | 11,174 | - | (643) | (478) | 10,053 | ||||||
IOM Kellogg Fund * |
283 | 554 | - | (33) | - | 521 | ||||||
IOM Members Dues * |
198 | 388 | - | (23) | (1) | 364 | ||||||
Henry J. Kaiser Family Foundation Fund |
488 | 872 | - | (50) | (38) | 784 | ||||||
John D. and Catherine T. MacArthur Foundation Fund |
5,000 | 11,087 | - | (626) | (477) | 9,984 | ||||||
Pharmaceutical Discretionary Fund * |
480 | 991 | - | (59) | (1) | 931 | ||||||
Pharmaceutical Endowment Fund |
259 | 530 | - | (31) | (23) | 476 | ||||||
Miscellaneous Private Sector Fund |
26 | 62 | - | (4) | (2) | 56 | ||||||
|
$ | 12,872 | $ | 27,561 | $ | 18 | $ | (1,580) | $ | (1,101) | $ | 24,898 |
* Denotes funds for which the contribution was not permanently restricted by the donor
(Dollars in thousands) | ||||||||||||
Capital Contributions as of Dec. 31, 2011 | Market Value at Dec. 31, 2010 | 2011 Contributions | 2011 Investment Gain/(Loss) | 2011 Expenditures & Transfers | Market Value at Dec. 31, 2011 | |||||||
B. Program Specific Funds |
||||||||||||
Distinguished Scholar Fund |
$ | 17 | $ | 75 | $ | - | $ | (5) | $ | - | $ | 70 |
Food & Nutrition Board (FNB) Fund |
525 | 1,629 | - | (98) | (2) | 1,529 | ||||||
FNB Corporations Fund |
125 | 471 | - | (28) | - | 443 | ||||||
FNB Members Fund |
5 | 27 | - | (2) | - | 25 | ||||||
Norman Gant & ABOG Fellowship |
650 | 853 | - | (50) | (13) | 790 | ||||||
Hamburg Endowment Fund |
1,012 | 1,368 | 1 | (82) | (2) | 1,285 | ||||||
Howard Hughes Medical Institute Fund |
5,000 | 15,451 | - | (907) | (235) | 14,309 | ||||||
Kellogg Health of the Public Fund |
5,000 | 6,296 | 211 | (395) | (16) | 6,096 | ||||||
Kellogg Health of the Public Fund Matching Contributions |
2,573 | 3,226 | 2 | (205) | (4) | 3,019 | ||||||
Richard and Hinda Rosenthal Lecture Series |
1,000 | 1,539 | - | (88) | (57) | 1,394 | ||||||
Leonard D. Schaeffer Endowment |
1,000 | - | 1,000 | (107) | - | 893 | ||||||
Women's Health Issues Fund |
20 | 86 | - | (5) | - | 81 | ||||||
James C. Puffer /ABFM |
902 | 876 | 76 | (60) | - | 892 | ||||||
|
$ | 17,829 | $ | 31,897 | $ | 1,290 | $ | (2,032) | $ | (329) | $ | 30,826 |
C. Prizes and Awards |
||||||||||||
Gustav O. Lienhard Award |
$ | 1,200 | $ | 4,425 | $ | - | $ | (261) | $ | (74) | $ | 4,090 |
Rhonda and Bernard G. Sarnat International Prize in Mental Health |
1,009 | 1,519 | - | (90) | (39) | 1,390 | ||||||
Sandra H. Matthews Cecil Award * |
67 | 5 | 62 | (6) | - | 61 | ||||||
|
$ | 2,276 | $ | 5,949 | $ | 62 | $ | (357) | $ | (113) | $ | 5,541 |
D. Reserve Funds |
||||||||||||
IOM Reserve Fund * |
$ | 500 | $ | 955 | $ | - | $ | (57) | $ | (2) | $ | 896 |
Subtotal — Funds that Support the IOM | $ | 33,477 | $ | 66,362 | $ | 1,370 | $ | (4,026) | $ | (1,545) | $ | 62,161 |
Subtotal — NAS and IOM Funds | $ | 184,021 | $ | 374,011 | $ | 5,987 | $ | (21,684) | $ | (15,323) | $ | 342,991 |
III. Funds Held on Behalf of Others | ||||||||||||
A. The National Academies’ Corporation |
||||||||||||
Operations Endowment |
$ | 8,000 | $ | 7,739 | $ | - | $ | (464) | $ | (10) | $ | 7,265 |
Program Endowment |
1,940 | 1,881 | - | (116) | (3) | 1,762 | ||||||
Building Maintenance Reserve * |
- | 298 | - | (11) | (129) | 158 | ||||||
|
$ | 9,940 | $ | 9,918 | $ | - | $ | (591) | $ | (142) | $ | 9,185 |
TOTAL | $ | 193,961 | $ | 383,929 | $ | 5,987 | $ | (22,275) | $ | (15,465) | $ | 352,176 |
* Denotes funds for which the contribution was not permanently restricted by the donor