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Treasurer's Statement
Pages 1-6

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From page 1...
... The Office of Information Technology Services, working closely with the National Academy Press and the Office of the Chief Financial Officer, expects to have all NRC mission-critical systems Y2K compliant by December 31, 1998, when final testing and remediation will be performed. NRC missioncritical systems are those that support key NRC functions with the highest financial, legal, or contractual exposure.
From page 2...
... TNAC denotes The National Academies' Corporation (Beckman Center) , which is equally owned by the National Academy of Sciences and the National Academy of Engineering Fund (see Note 1, page 45~.
From page 3...
... These funds were used to support Teaching Evolution and the air . ~ ~ · 1 vature of Science and programs of the Office of Public Understanding of Science to encourage quality science programming on television and the development of a new World Wide Web site providing science experiments for high school students.
From page 5...
... The current approved spending rate from the unrestricted endowment is 5% of the 3-year average market value. Journal Publications Financial results of the Proceedings of the National Academy of Sciences are included in the publications line of the statement of activities in Exhibit B on a fiscal year basis.


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