CAS is still financially healthy. But the organization's financial health is in jeopardy. Our dues to the new federation are up ($2,160 this year and last, $1,736 two years ago), our grant from them is down very sharply. Two years ago it was $3,311. Last year it was $1,656. This year it was zero. Next year it will be zero again.
The Association's Treasurer's office expenses (xeroxing, postage, telephones, stationary) were absorbed by the Canadian Institute of Ukrainian Studies Press, for which the Association is grateful.
CAS finances are clearly divided between the CSP office in Edmonton and the treasurer's office in Toronto. CSP gets membership dues. The treasurer can call (according to established custom in the Association) on up to $3,000 of dues receipts, if necessary. Once again I did not call for the $3,000 transfer of dues from CSP this year. But the balance in our treasurer's account is roughly $3,000 lower this year than last.
We received from SSHRC $3,744 for travel.
The travel fund saw very few applications this year. That meant that every applicant received thenormal amount for their grant, that is their grants wereexactly equivalent to their requests reduced only by the standard formula, 25% for students, 50% for regular members.
The CAS Fund did not make its customary $1,000 contribution to the Travel Fund.
Maxim Tarnawsky
May 26, 1998
It has been my pleasure to serve the association as secretary/treasurer for the last six years. I am grateful to the members for their help and cooperation, and for the trust they placed in me. I hope to continue my service to the association in other ways.