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--  Proceeds from the Sale of Museum of African Art Real Estate - $1,500,000.  The property of the Museum of African Art, consisting of nine townhouses on Capitol Hill, will be sold when the new facilities for the Museum are completed, with the exception of the Frederick Douglass House which will be preserved as a historic building.  The net proceeds of such a sale might total $1,500,000, and could be applied toward the costs of the new African Art Museum.

--  Contributions - $7,500,000.  Fund-raising efforts have begun in earnest, with an immediate response from the Government of Japan which pledged $1.0 million for the Asian Art Gallery.  At present, a goal of an additional $6.5 million from foreign and domestic governments, corporations and individuals has been established.  In the event that contributions exceed this target, the need for federal appropriations and nonappropriated trust funds (particularly from net revenues of the auxiliary activities) could be reduced accordingly.

--  Federal Appropriations - $24,635,000.  The remaining $24,635,000, or slightly over one-half of the total project cost, will be sought from Congress.  This estimate could change depending on the continued success of private fund-raising efforts.

[[underlined]] Hearings [[/underlined]].  The new model of the proposed above-ground development of the Quadrangle was presented at appropriation hearings in the House on March 11, and the project was discussed in the Senate appropriation hearings on March 28.  The Institution has requested $500,000 in fiscal year 1981 for planning and design purposes.  That amount will be augmented with approximately $1,000,000 of nonappropriated trust funds expended in fiscal year 1981 for completion of design and planning.