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While the development drive was under way, Adams underscored the Soci­ety's need for assistance: "I used to hear it said, by the Society's members as well as by outsiders, that we were a rich institution with never a worry about budgets. I am glad that this is not true; such affluence would make us complacent." He noted that the response to the Society's campaign "had not been overwhelming" but that "the state of the Society is healthy in that we are aware of our short­comings and are prepared to do something about them."

Adams also showed strong leadership in other ways. In an effort to expand and diversify the Society's sources of revenue, he encouraged the board of trustees to revise its by-laws to provide, "among other things, for new classes of member­ship, with higher rates of contribution over the regular annual dues of $10." Al­though such steps did not necessarily bring in significant income, they sent a signal to the Society's supporters that more revenue was needed. In addition, he moved to simplify the administrative structure of the board by reducing the number of committees from eleven to eight by dissolving two committees and merging two others. Adams pointed out that the committees, though there were fewer of them, had become considerably more active. Under Adams's guidance, the Society's board was more active than it had been since the days of George Zabriskie.

The Society began the renovation in 1966, closing most of the galleries and parts of the library for much of the year. Although a substantial sum had been raised during the capital campaign—approximately $574,000 by the end of 1966—the money did not cover all construction expenses. Fortunately, aware of the scale of the project, Adams and the board had anticipated this possibility and had redesignated the accumulated surplus fund as a "reserve for equipment, build­ing replacement, and major repair." Approximately $316,000 of the money used to fund the improvements came from these reserves.

In early 1967, Frank Streeter, the Society's treasurer, reminded the board of the more than $300,000 that had been drawn from reserves to fund the capital renovations. He encouraged the Society to mount a campaign to replace those funds.

This and all other unattributed assertions in the text are based on the minutes of New-York Historical Society board meetings.
Such a campaign was never initiated. In March 1967, however, the board of trustees did create a new class of supporters called the Pintard Fellows to aid in furthering the purposes of the Society. To become a Pintard Fellow, one had to contribute $100 or more to the Pintard Fund. Specifically, the objectives of the Pintard Fellows were (1) "to promote a better understanding of the Society's pur­pose and significance, and a closer knowledge of its collections" and (2) "to pro­mote the interests of the Society by contributing funds for its benefit, especially for acquisitions, installations, and publications." Although establishing the Pintard Fellows was a commendable step, the amount of funds raised was quite small ($12,368 in 1967) and hence were used for smaller projects or to purchase par­ticular items for the Society's collections. The Pintard Fund did not, and could not, begin to replace the reserves drawn down during the 1966 renovations.

Questions & Answers

Introduction about quantum dots in nanotechnology
Praveena Reply
what does nano mean?
Anassong Reply
nano basically means 10^(-9). nanometer is a unit to measure length.
do you think it's worthwhile in the long term to study the effects and possibilities of nanotechnology on viral treatment?
Damian Reply
absolutely yes
how to know photocatalytic properties of tio2 nanoparticles...what to do now
Akash Reply
it is a goid question and i want to know the answer as well
characteristics of micro business
for teaching engĺish at school how nano technology help us
Do somebody tell me a best nano engineering book for beginners?
s. Reply
there is no specific books for beginners but there is book called principle of nanotechnology
what is fullerene does it is used to make bukky balls
Devang Reply
are you nano engineer ?
fullerene is a bucky ball aka Carbon 60 molecule. It was name by the architect Fuller. He design the geodesic dome. it resembles a soccer ball.
what is the actual application of fullerenes nowadays?
That is a great question Damian. best way to answer that question is to Google it. there are hundreds of applications for buck minister fullerenes, from medical to aerospace. you can also find plenty of research papers that will give you great detail on the potential applications of fullerenes.
what is the Synthesis, properties,and applications of carbon nano chemistry
Abhijith Reply
Mostly, they use nano carbon for electronics and for materials to be strengthened.
is Bucky paper clear?
carbon nanotubes has various application in fuel cells membrane, current research on cancer drug,and in electronics MEMS and NEMS etc
so some one know about replacing silicon atom with phosphorous in semiconductors device?
s. Reply
Yeah, it is a pain to say the least. You basically have to heat the substarte up to around 1000 degrees celcius then pass phosphene gas over top of it, which is explosive and toxic by the way, under very low pressure.
Do you know which machine is used to that process?
how to fabricate graphene ink ?
for screen printed electrodes ?
What is lattice structure?
s. Reply
of graphene you mean?
or in general
in general
Graphene has a hexagonal structure
On having this app for quite a bit time, Haven't realised there's a chat room in it.
what is biological synthesis of nanoparticles
Sanket Reply
what's the easiest and fastest way to the synthesize AgNP?
Damian Reply
types of nano material
abeetha Reply
I start with an easy one. carbon nanotubes woven into a long filament like a string
many many of nanotubes
what is the k.e before it land
what is the function of carbon nanotubes?
I'm interested in nanotube
what is nanomaterials​ and their applications of sensors.
Ramkumar Reply
what is nano technology
Sravani Reply
what is system testing?
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Source:  OpenStax, The new-york historical society: lessons from one nonprofit's long struggle for survival. OpenStax CNX. Mar 28, 2008 Download for free at http://cnx.org/content/col10518/1.1
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