The Southwestern Historical Quarterly, Volume 51, July 1947 - April, 1948 Page: 71
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Report to the Executive Council
made by Patrons and Sustaining Members from that time until
less than a year ago when Mr. Leslie Waggener began his drive
to increase the Publication Fund by securing new Patrons and
For the past several years this fund has not been touched for
withdrawals except for the purchase of government bonds. A
total of $10,123.54 from this fund has been invested in bonds.
The fund has a present cash balance of $375.19.
The Savings Fund
A savings account in the Association's name was set up by
Dr. C. W. Ramsdell when he was treasurer of the Association.
After savings accounts dropped in interest to a rate lower than
government bonds, $1,2oo from this fund was invested in bonds.
No other withdrawals have been made. The fund has a present
cash balance of $85.91.
The Particular Purpose Fund
This fund is made up of two contributions, one of $1oo and
one of $2oo. At the time these contributions were made, these
persons requested that the funds be held separate. No other
deposits and no withdrawals have been made in connection with
The Rockefeller Fund
A total of $18,ooo has come to the Association during a little
more than the past three years from the Rockefeller Foundation,
which made definite specifications as to the uses to which the
funds were to be placed. Expenditures, which have followed
the requirements set by the foundation, have been in three fields:
1. Research grants.
2. Junior Historian prizes.
3. The creation of the Association's Handbook Fund.
Six months ago the Rockefeller Foundation renewed its first
grant to the Association, which was $15,000 over a three year
period, by making a grant of $18,ooo for another three year
period. Thus, the Association has pledged from the Rockefeller
Foundation $15,000 more which will be received within the next
two and a half years. Half of this money is to be spent for
research grants, and the other half-with the exception of the
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Texas State Historical Association. The Southwestern Historical Quarterly, Volume 51, July 1947 - April, 1948, periodical, 1948; Austin, Texas. (texashistory.unt.edu/ark:/67531/metapth101119/m1/89/: accessed April 30, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Texas State Historical Association.