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What made these tasks more difficult was the uncertainty that prevailed regarding the Society's long-term future. The advisory committee's charge was to address all options including reorganization, merger, and even dissolution if nec­essary. Debs and her staff had to coordinate their efforts with the evolving opin­ions of the committee so that steps taken would not conflict with the committee's final recommendations.

As Debs worked to establish administrative stability, the board also acted, once again taking steps to improve its governance structure and to increase its capacity to provide financial support. In November 1988, at the prompting of the advisory committee, the board approved several changes to its by-laws, some of which reversed changes that had been made during the latter part of the Bell adminis­tration. The board increased its maximum allowable membership from twenty-nine to fifty. The director's position was renamed president and was invested with all the powers of a chief executive officer, including ex officio status on the board of trustees. The title of president was changed to chairman of the board. A process of systematic rotation and evaluation of trustee performance was established and was to be administered by a new committee on trustees. Other new committees established were a development committee; a finance committee; a joint sub­committee on development, planning, and finance; and a collections committee with three subcommittees: exhibitions and interpretation, conservation and preser­vation, and collections management.

This and all other unattributed information and quotations are taken from board meeting minutes or other internal documents and records.

By the latter part of 1988, circumstances had improved. The board had ap­proved the sale of real estate that the Society owned on Forty-Second Street for $1.7 million. Unlike the Peck bequest, the Society's board treated this one-time inflow as capital, adding it to the unrestricted endowment.

An article in the New York Times discussed some of the "small but surely mean­ingful" changes occurring at the Society. It said, "Most remarkably, the Society, which for its 184-year history has been run largely like a private institution, shun­ning contact with city and neighborhood groups, is now eagerly soliciting advice, help and friendship from those groups."

McGill (1988i).
In October, the inaugural His­tory Makers' Gala, which honored Paul Volcker, netted the Society nearly $400,000. In addition, public attention on the Society's financial difficulties dur­ing the summer had helped increase private contributions, especially from trustees. By November, the trustees had contributed nearly $1 million, with six trustees giving $100,000 or more. Although only time would tell whether such levels of giving were sustainable, the increases reduced the projected operating deficit and seemed to indicate that the Society was moving in the right direction.

By the end of November, public opinion had shifted in the Society's favor. An article in the New York Times trumpeted the improving situation. Discussing the Society's $2 million deficit, John Macomber said, "There would be no cred­ibility for this institution if the trustees didn't raise the $2 million, which we think is a lead-pipe cinch. . . . The trustees have responded very well."

McGill (1988c).
Staff members spoke of the positive impact that Debs was having on the institution. Holly Hotchner, the director of the Society's painting conservation department, said, "All these years can't be turned around in a few months. But every correct step that can be taken, at this point, is being taken. Every hard question is being asked." Comparing staff morale under Debs with the situation under Bell, Karen Buck, the Society's assistant director of development, said that "it's the difference between night and day."

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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