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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

what is the stm
Brian Reply
is there industrial application of fullrenes. What is the method to prepare fullrene on large scale.?
industrial application...? mmm I think on the medical side as drug carrier, but you should go deeper on your research, I may be wrong
How we are making nano material?
what is a peer
What is meant by 'nano scale'?
What is STMs full form?
scanning tunneling microscope
how nano science is used for hydrophobicity
Do u think that Graphene and Fullrene fiber can be used to make Air Plane body structure the lightest and strongest. Rafiq
what is differents between GO and RGO?
what is simplest way to understand the applications of nano robots used to detect the cancer affected cell of human body.? How this robot is carried to required site of body cell.? what will be the carrier material and how can be detected that correct delivery of drug is done Rafiq
what is Nano technology ?
Bob Reply
write examples of Nano molecule?
The nanotechnology is as new science, to scale nanometric
nanotechnology is the study, desing, synthesis, manipulation and application of materials and functional systems through control of matter at nanoscale
Is there any normative that regulates the use of silver nanoparticles?
Damian Reply
what king of growth are you checking .?
What fields keep nano created devices from performing or assimulating ? Magnetic fields ? Are do they assimilate ?
Stoney Reply
why we need to study biomolecules, molecular biology in nanotechnology?
Adin Reply
yes I'm doing my masters in nanotechnology, we are being studying all these domains as well..
what school?
biomolecules are e building blocks of every organics and inorganic materials.
anyone know any internet site where one can find nanotechnology papers?
Damian Reply
sciencedirect big data base
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
How can I make nanorobot?
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
how can I make nanorobot?
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.
how did you get the value of 2000N.What calculations are needed to arrive at it
Smarajit Reply
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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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