The Southwestern Historical Quarterly, Volume 95, July 1991 - April, 1992 Page: 130
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Southwestern Hutorical Quarterly
Our financial condition remains good, as our most recent audit at-
tests. We are extremely fortunate in the number of good investments
that our previous Finance Committees made and in the continuing
contributions that members, corporations, and foundations are making
to our programs.
The Association finances consist primarily of three funds: the Gen-
eral Fund, the Publications Fund, and the Handbook Project Fund. As a
general rule, book publications come from the Publications Fund, all
the Handbook expenses come from the Handbook Project Fund, and all
other expenses, including the Southwestern Historical Quarterly, come
from the General Fund. In the same sense, all publications sales go into
the Publications Fund, Handbook contributions go into the Handbook
Project Fund, and membership fees, annual auction receipts, and other
contributions go into the General Fund.
We are currently in the black in each of these funds, and only the
Handbook Project Fund showed a deficit for last year. (The surplus in
the fund covered the deficit.) The General Fund has increased because
of the success of the annual meeting and auction. The Publications
Fund is growing as well, though at a slower rate, because our publica-
tions program, through grants and publications sales, continues to op-
erate in the black. The very successful Fred H. and Ella Mae Moore
Texas History Reprint Fund is separate from the Publications Fund
and decreased during the past year because of expenses incurred in
printing new books in August. Most of the income from these books
will occur during the 1990-1991 year, so the fund should rebuild
Handbook of Texas
The Association has just received a major grant of $60,000 from the
Houston Endowment. Endowment chairman Jack Blanton said, in an-
nouncing the gift, that he and the other members of the board wanted
to help the Association complete the match of the $40,000 grant that
we received from the Meadows Foundation in Dallas last year. That
grant had to be matched by new money. A number of individuals had
contributed approximately $3,500 to help match the grant as well.
Other substantial gifts received since our last report include $1o,ooo
from the Rockwell Fqnd, Inc., of Houston in honor of Mr. and Mrs.
T. L. Wilson of Houston; $5,000 from Mrs. Fred H. Moore; and $5,000
from an anonymous foundation.
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Texas State Historical Association. The Southwestern Historical Quarterly, Volume 95, July 1991 - April, 1992, periodical, 1992; Austin, Texas. (texashistory.unt.edu/ark:/67531/metapth117153/m1/158/: accessed October 19, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Texas State Historical Association.