rge number of Negroes have
made small contributions and as many as forty have given the
Association $25 each this year. Through the strong endorsement of
Dr. J. F. Jameson and other noted historical scholars the
Director secured from the Carnegie Corporation the much needed
appropriation of $5,000 a year for each of the next five years.
With this income the Association has paid all of its debts except
that of the bonus of $1,200 a year promised the Director for
1919-1920 and 1920-1921. Besides, the Association has been
enabled to employ a Business Manager and to pay the Director a
regular salary that as soon as practicable he may sever his
connection with all work and devote all of his time to the
prosecution of the study of Negro Life and History.

The details as to how the funds thus raised have been expended appear
in the following report of the Secretary-Treasurer:

November 12, 1921.

_The Association for the Study of Negro Life and History,
Washington, D. C._

_Gentlemen:_ I hereby submit to you a statement of the amount of
money received and expended by the Association for the Study of
Negro Life and History, Incorporated, from September 30, 1920, to
November 12, 1921.

RECEIPTS EXPENDITURES

Subscriptions $913.96 Printing and Stationery $5,731.53
Memberships 126.00 Petty Cash 709.90
Contributions 8,239.50 Stenographic Service 1,134.60
Advertisements 255.15 Rent and Light 438.61
Rent and Light 198.61 Miscellaneous 86.10
Books 75.40 Salaries 1,225.00
Traveling Expenses 77.21
-------- --------
Total $9,808.62 Total $9402.95

Balance on hand Balance on hand November
Sept. 30, 1920. 48.86 12, 1921 454.53
--------- -------
$9,857.48 $9,857.48

Respectfully submitted,
Secretary-Treasurer.

Upon the recomme