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At the close of the year 1882, which in many respects marks the close
of an epoch, the treasurer reported that the Institute possessed funds
amounting to $379,098, which were separately invested according to the
following classification:
- Boynton Endowment fund $100,000
- Salisbury Instruction fund 120,000
- Library and Apparatus fund 27,438
- State Appropriation of 1869 26,000
- Salisbury Graduates' Aid fund 10,000
- Salisbury Modern Language fund
- 40,000 Ichabod Washburn legacy 30,000
- George F. Hoar District fund 4,660
- D. Waldo Lincoln fund 1,000
- David Whitcomb fund 20,000
He also reported that there was a shortage of $15,100 in these funds,
due chiefly to heavy drafts made upon them during the Institute's
first five years' struggle for existence.
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