The General Education Board has, since its foundation in 1902, to June 30, 1928, appropriated $176,689,425.54 for the promotion of education in the United States. Of this sum $112,163,437.95 was paid to colleges and other institutions for Whites; $12,991,854.75 to institutions for Negroes; and $1,317.023.91 to miscellaneous objects. This report details receipts and expenditures for in the above categories for the year ended June 30, 1928. Information is also provided on the financial and administrative statistics of the following organizations: (1) Rockefeller Foundation; (2) Laura Spelman Rockefeller Memorial; (3) Carnegie Corporation of New York; (4) Carnegie Foundation for the Advancement of Teaching; (5) John F. Slater Fund; (6) Jeanes Fund; (7) Phelps-Stokes Fund; (8) American Field Service Fellowships for French Universities; (9) Commission for Relief in Belgium Educational Foundation (Inc.) and the Foundation Universitaire; (10) Baron de Hirsch Fund; (11) Kahn Foundation for the Foreign Travel of American Teachers; (12) Commonwealth Fund; (13) Julius Rosenwald Fund; and (14) The Payne Fund. (Contains 2 footnotes.) [Best copy available has been provided.]