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"As I have said, the general purpose of the new foundation will be to lead, direct, and unify the fight on every phase of this sickness. It will make every effort to ensure that every responsible research agency in this country is adequately financed to carry on investigations into the cause of infantile paralysis and the methods by which it may be prevented. It will endeavor to eliminate much of the needless after-effect of this disease -- wreckage caused by the failure to make early and accurate diagnosis of its presence.

We all know that improper care during the acute stage of the disease, and the use of antiquated treatment, or downright neglect of any treatment, are the cause of thousands of crippled, twisted, powerless bodies now. Much can be done along these lines right now.

The new foundation will carry on a broad-gauged educational campaign, prepared under expert medical supervision, and this will be placed within the reach of the doctors and the hospitals of the country. The practicing physician is in reality the front line fighter of the sickness, and there is much existing valuable knowledge that should be disseminated to him.

"And then there is also the tremendous problem as to what is to be done with those hundreds of thousands already ruined by the after-effects of this affliction. To investigate, to study, to develop every medical possibility of enabling those so afflicted to become economically independent in their local communities will be one of the chief aims of the new foundation."

The Georgia Warm Springs Foundation has conducted an institution at Warm Springs since 1927 for the treatment of children and adults who are suffering from the after-effects of infantile paralysis.

The National Foundation for Infantile Paralysis, Inc., attacks the whole problem of infantile paralysis through virus research, nutritional research, after-effects research, epidemic aid and study, and education.

Since 1937, Georgia Warm Springs Foundation has received no part of the proceeds of any Birthday Celebration. Since that time, and with the consent of the Georgia Warm Springs Foundation, the fund-raising activities for victims of infantile paralysis through the medium of Birthday Celebrations have been in the hands of the National Foundation. The Board of Trustees of the National Foundation appropriated in the year ended September 30, 1940 the sum of $175,000 to enable Georgia Warm Springs Foundation to meet its operating costs.

The following tabulation shows the net receipts of all the Celebrations of President Roosevelt's Birthdays from 1934 to 1940, inclusive, and the distribution thereof:

CELEBRATIONS OF PRESIDENT ROOSEVELT'S BIRTHDAYS

Statement of net Receipts from 1934 to 1940, inclusive, showing distribution thereof.

Finances

THE GEORGIA WARM SPRINGS FOUNDATION from 1927 to 1934 met its annual operating costs in excess of its income chiefly with contributions from individuals and charitable organizations.

In 1934, the net proceeds of the first Celebration of the Honorable Franklin D. Roosevelt's Birthday were given to Georgia Warm Springs Foundation for the benefit of the victims of the after-effects of infantile paralysis.

In 1935 it received no part of the proceeds of the Celebration held that year.

In 1936 and 1937 the Foundation received 30% of the proceeds, 70% being retained in the various communities where raised to be used locally for the aid of sufferers from poliomyelitis.

In 1938, all of the net proceeds of the Birthday Celebration were given to the National Foundation for Infantile Paralysis.

Since 1938, 50% of the net proceeds of all Birthday Celebrations has been left in the counties where raised and the remaining 50% has gone to the National Foundation for Infantile Paralysis.

HASKINS & SELLS CERTIFIED PUBLIC ACCOUNTANTS 22 EAST 40TH STREET NEW YORK

Accountants' Certificate

GEORGIA WARM SPRINGS FOUNDATION:

We have examined the balance sheet of Georgia Warm Springs Foundation, a New York corporation, as of September 30, 1940 and the related statement of fund reserves for the year ended that date (including the operations of its subsidiary, Meriwether Reserve, Inc. to April 30, 1940 the effective date of its dissolution), have reviewed the system of internal control and the accounting procedures of the Foundation, and have examined or tested its accounting records and other supporting evidence by methods and to the extent we deemed appropriate.