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76 Some additional federal resources will be necessary during the planning period for the [[underlined]]Office of Fellowships and Grants[[/underlined]] to administer fellowships, internships, and the Special Foreign Currency Program; and increases are projected from trust funds for increasing the variety, numbers, and stipend levels of fellowship awards. The Office of Fellowship Program, Short-Term Visitor Program, Regents' and Senior Fellowship Program, Visiting Scientist and Scholar Program, the new James E. Webb Fellowships for management training, and academic internships which carry financial support. Until FY 1979, the Institution's Fellowships Awards were supported principally with appropriated funds, but since then have been supported principally with nonappropriated unrestricted trust funds. This change is a consequence of the Regents' decision to apply trust funds to certain federal services. Approximately fifty full-year fellowships are now offered annually by the Office of Fellowships and Grants for doctoral candidates or recent recipients of the doctorate to receive advanced research training under the guidance of Smithsonian senior scholars. The Pre - and Postdoctoral Fellowship Program is widely endorsed by the Smithsonian staff. Concerted effort will be made during the planning period to increase the number of fellowships awarded via a variety of sources. A planned increase in the Fellowship Program of about 30 percent will allow many more excellent scholars to utilize the Smithsonian and to interact with the professional staff. It will also enable worthy candidates from countries with which we would like to establish ties, and which cannot currently compete, to join our scholarly community. Increased funding in FY 1982 covered 10 percent of the planned growth and further increases are expected for the planning period. The Institution will also continue to try to establish stipend-level increases which take into account inflation and competitive changes. The Regents' Fellowships are highly selective awards to scholars of distinction and breadth of intellect to pursue in-residence studies related to Smithsonian research. They devote themselves to timely and important topics in their disciplines and are expected to publish major contributions to knowledge as a result, in part, of their Smithsonian work. The interaction with predoctoral, postdoctoral and fully established colleagues adds significantly to the intellectual climate of the Institution. Only small increases necessary for inflation are projected for the future. In spring 1982, the Regents established a fellowship to honor Regent Emeritus James E. Webb. Aimed at developing future leaders for the management of cultural and scientific institutions, the fellowships (up to five per year) are available to employees of other organizations and to graduate students in U.S. university management programs for the periods of training
