Viewing page 54 of 94

This transcription has been completed. Contact us with corrections.

-39-

If realized, the unrestricted trust fund net income from these activities, which provide educational and other services to the public, will make possible continuation of:

(1) an approximate $2.2 million to $2.5 million annual allotment for collections acquisitions, scholarly studies and educational outreach projects;

(2) continuation of the proposed trust funded special exhibition program at about $3.0 million to $4.0 million a year.

(3) annual transfer of $3.0 million to $4.0 million to unrestricted endowment;

(4) operating allotments to the International Center, Cooper-Hewitt, the Folklife unit, the Office of Telecommunications, and the Visitors Reception Center;

(5) Fellowship Programs and Fluid Research Grants;

(6) an annual $500,000 construction contingency to help defray any future year trust fund costs that might stem from such projects as land acquisition at the Smithsonian Environmental Research Center near the Chesapeake Bay, establishment of a day care center, or acquisition of institutionally owned office space in lieu of leased space.

Activities supported by special purpose funds are also expected to increase over the period as the success of the auxiliary activities provides increased revenue sharing to the bureaus. A relatively small decrease is projected for restricted funds reflecting a conservative outlook for gift and grant support. Federal grants and contracts also are anticipated to increase over the period of fiscal years 1986-89 principally reflecting continued support to the Astrophysical Observatory from the National Aeronautics and Space Administration. By 1990, however, the completion of major contracts will cause projected support to decline somewhat from expected fiscal year