AAAI News

The AAAI Council meeting was held 20 August 1989 in the Windsor Room of the Westin Hotel, Detroit, Michigan. Finance Committee: Bruce Buchanan reported the finance committee was exploring alternative investment strategies for the AAAI fund, with the goal of maximizing revenues while maintaining a low-risk profile. The committee contacted other nonprofit technical societies about how their investment funds were controlled and is interviewing professional money managers. The committee will have recommendations ready this winter for changes in the fund's management. Buchanan also reported that 1989 revenue was not expected to cover expenses.