APPENDIX A: ACTIONS OF THE

JUNE 12, 2023, MEETING OF THE BOARD OF REGENTS

VOTED that the Board of Regents expresses its profound appreciation to the memory of Alice 

Warner Handy, member of the Investment Committee, an esteemed colleague, and true friend 

of the Smithsonian Institution, and extends its heartfelt sympathies to her family and friends. 

[2023.06.01]

VOTED that the Board of Regents adopts the Consent Agenda, which constitutes the approval 

of all action items listed therein. [2023.06.02]

VOTED that the Board of Regents approves the minutes of the April 3, 2023, meeting of

the Board of Regents.

VOTED that the Board of Regents approves the proposed slate of candidates for

appointment or reappointment to nine (9) Smithsonian Institution Advisory Boards.

VOTED that the Board of Regents recognizes the generosity of the WEM Foundation to

the National Museum of American History and accepts the gift.

VOTED that the Board of Regents recognizes the generosity of the WEM Foundation to

the National Museum of Natural History, accepts the gift, and names the Whitney and

Elizabeth MacMillan Studio, for 20 years or until the next major renovation of the space,

whichever occurs later.

VOTED that the Board of Regents recognizes the generosity of the WEM Foundation to

the Smithsonian American Art Museum and accepts the gift.

VOTED that the Board of Regents creates a quasi-endowment for the benefit of the

Hirshhorn Museum and Sculpture Garden to support the purchase of contemporary

works of art by French artists. Further, the Board of Regents authorizes the transfer of

the funds identified for this purpose.

VOTED that the Board of Regents recognizes the generosity of Thomas W. Haas

Foundation, Otto Haas Charitable Trust, the Waterman Trust, and Wyncote Foundation

to the National Air and Space Museum and names the Phoebe Waterman Haas

Astronomy Park, for a minimum of 20 years.

VOTED that the Board of Regents approves a five percent payout from the Smithsonian 

endowment in fiscal year 2024 to support programmatic and administrative activity. The Board 

further approves up to 0.5 percent payout from the Smithsonian endowment in fiscal year 2024 

to support advancement activity. The payout shall be based on the trailing 20- quarter average 

market value of the Smithsonian Endowment Fund. [2023.06.03]
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VOTED that the Board of Regents approves creating a quasi-endowment for the benefit of the 

OUSA to support general operations. Further, the Board authorizes the transfer of the 

$74,990,000 identified for this purpose. [2023.06.04]

VOTED that the Board of Regents approves the fiscal year 2025 federal budget priorities 

proposed by the Secretary. [2023.06.05]

VOTED that the Board of Regents approves the movement of the General Counsel position to a 

market-based compensation approach. [2023.06.06]

VOTED that the Board of Regents confers the title of Regent Emeritus on Steve Case with deep 

gratitude for the outstanding service he has provided, and will continue to provide, to the 

Board of Regents and the Smithsonian Institution. [2023.06.07]

VOTED that the Board of Regents approves the dissolution of the advisory board of the 

Smithsonian Latino Center (“Smithsonian National Latino Board”). [2023.06.08]

VOTED that the Board of Regents approves the nomination of Elizabeth S. MacMillan to the 

Order of James Smithson. [2023.06.09]

VOTED that the Board of Regents approves the nomination of Roger W. Sant to the Order of 

James Smithson. [2023.06.10]