Note 576 — Chapter XX

These endowment funds are found for the most part only in certain of the semi-public institutions, and in a few state schools which have received land from the federal government. In the Report of the Commissioner of Education the amount of productive funds in thirteen states for 1911-1912 is given as $3,372,565, as follows: Maine, $2,000; Massachusetts, $193,674 (in 1910-1911, $369,723); Connecticut, $403,000; New York, $1,002,633; Pennsylvania, $373,758; Maryland, $4,500; District of Columbia, $11,000; Kentucky, $9,000; North Dakota, $600,000; South Dakota, $400,000; Montana, $160,000; Utah, $160,000; California, $53,000. Thus practically two-fifths belongs in the states of Massachusetts, Connecticut, New York and Pennsylvania, nearly one-third being in New York alone; while a little under two-fifths belongs in North Dakota, South Dakota, Montana and Utah.