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The recommended mission statement did not represent a radical departure from the statement that had been in effect, but committee members thought it achieved four objectives. First, because it was more precise, committee members believed that it related the Society's programs to its resources more effectively. Sec­ond, they thought that the new mission statement required the Society to recog­nize that it was not just a museum or a library but that its appeal lay in the integration of its varied collections, through which it could make history mean­ingful. Third, the new mission statement emphasized the educational responsi­bility of the Society. Fourth, the mission statement was to guide the Society in refining its collections, in terms of both acquisitions and selective and careful deaccessions. The committee was quite specific that deaccessioning should not be thought of as a solution to the Society's financial problems. It stated that "great care should be taken to insure that proceeds from deaccessioning are not used for operating purposes except for specific instances related to the collections."

The advisory committee recommended a series of short-, intermediate-, and long-term financial goals. Because the committee had been working in concert with Debs and her staff, these goals paralleled those that had been outlined in Debs's bridge plan. For the short term, the committee emphasized not only the absolute necessity that the Society balance its fiscal 1989 budget but also that it "raise adequate funds annually so that operating deficits are eliminated." The in­termediate step called for the Society to raise $10 million from a consortium of private foundations and public sources to pay for care of the collections, to main­tain public programs, and to begin to carry out deferred maintenance on the Society's landmark building, all within a balanced budget. The long-term goal of the plan was to launch a campaign to raise $25 million in endowment by 1995.

The committee's report discussed the first and most immediate goal—the Society's fiscal 1989 budget deficit—at length. The progress that the Society had made toward closing that deficit was perhaps the most significant reason for the committee's optimism about the Society's long-term future. The committee noted that seven months into the 1989 fiscal year, the Society's board of trustees had reduced the projected deficit by 41.5 percent, from $1,190,000 to $700,000. The report also highlighted the fact that the $700,000 year-to-date deficit from July through March was a significant improvement over the previous year's deficit of over $2 million. The committee was most congratulatory regarding the com­mitment shown by the trustees, reporting that deficit reduction came almost exclusively on the revenue side and almost totally through increased trustee con­tributions. "More money has been raised since September for operating purposes than ever before, with the trustees themselves having contributed over $1.3 mil­lion in funds and gifts-in-kind during the present fiscal year."

Questions & Answers

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
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
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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