1961-1962 - American Museum of Natural History
1961-1962 - American Museum of Natural History
1961-1962 - American Museum of Natural History
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PENSION FUNDS<br />
SUMMARY STATEMENTS OF CHANGES IN PRINCIPAL<br />
for the years ended June 30, <strong>1962</strong> and <strong>1961</strong><br />
<strong>1962</strong> <strong>1961</strong><br />
Balance, beginning <strong>of</strong> year $7,163,082 $6,816,038<br />
Additions:<br />
Contributions <strong>of</strong> members $ 158,492 $ 154,620<br />
Contributions <strong>of</strong> <strong>Museum</strong> 189,070 184,322<br />
Income from investments 312,543 290,397<br />
Net pr<strong>of</strong>it on sales <strong>of</strong> investments 64,058 12,677<br />
$ 724,163 $ 642,016<br />
Deductions:<br />
Payments to members and beneficiaries $ 314,357 $ 289,969<br />
Expenses 4,955 5,003<br />
$ 319,312 $ 294,972<br />
Net additions $ 404,851 $ 347,044<br />
Balance, end <strong>of</strong> year $7,567,933 $7,163,082<br />
The accompanying notes are an integral part <strong>of</strong> these statements.<br />
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