| Name | Nominated | Research Field | Date of Birth | Deceased |
|---|
| Hugo KAHO | 1938 | Natural Sciences | 15.11.1885 | 17.09.1964 |
| Edgar KANT | 1938 | Humanities | 21.02.1902 | 16.10.1978 |
| Paul KOGERMAN | 1938 | Natural Sciences | 05.12.1891 | 27.07.1951 |
| Teodor LIPPMAA | 1939* | Natural Sciences | 17.11.1892 | 27.01.1943 |
| Oskar LOORITS | 1938 | Humanities | 09.11.1900 | 12.12.1961 |
| Julius MARK | 1938 | Humanities | 27.03.1890 | 02.03.1959 |
| Aleksander PALDROK | 1938 | Natural Sciences | 16.05.1871 | 01.07.1944 |
| Ludvig PUUSEPP | 1938 | Natural Sciences | 03.12.1875 | 19.10.1942 |
| Karl SCHLOSSMANN | 1938 | Natural Sciences | 19.02.1885 | 17. 12.1969 |
| Hendrik SEPP | 1938 | Humanities | 23.03.1888 | 05.09.1943 |
| Gustav SUITS | 1938 | Humanities | 30.11.1883 | 23.05.1956 |
| Jüri ULUOTS | 1938 | Humanities | 13.01.1890 | 09.01.1945 |
| Ernst ÖPIK | 1938 | Natural Sciences | 22.10.1893 | 10.09.1985 |
| Honorary Members | | | | |
| Konstantin PÄTS | 1939* | | 23.02.1874 | 18.01.1956 |
| Johan LAIDONER | 1940* | | 12.02.1884 | 13.03.1953 |
| *elected |