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ERIC Number: EJ825797
Record Type: Journal
Publication Date: 2008-Dec-19
Pages: 1
Abstractor: ERIC
Reference Count: 0
ISBN: N/A
ISSN: ISSN-0009-5982
Bottom Lines Cause Unease at Societies of Scholars
Glenn, David
Chronicle of Higher Education, v55 n17 pA1 Dec 2008
With the economic climate growing worse week by week, directors of scholarly organizations are preparing for the likelihood that 2009 will be a grim year for their finances. None report that they face immediate crises, but many say they fear that certain kinds of revenue--from conference attendance, foundation grants, and especially investment income--will start to hemorrhage during the coming months. The American Philosophical Association, whose eastern division will meet in Philadelphia this month, expects a 40-percent decline in revenue from its conference job bank, according to Terence Riley, the association's finance coordinator. In interviews by telephone and e-mail, nearly two dozen scholarly-society directors offered similar assessments. Their organizations have not, on the whole, made cutbacks yet. But almost all say they are laying plans in case the roof collapses next year. The directors say they would like to avoid layoffs, but smaller-ticket items like travel grants for graduate students and lecture series are facing cuts.
Chronicle of Higher Education. 1255 23rd Street NW Suite 700, Washington, DC 20037. Tel: 800-728-2803; e-mail: circulation@chronicle.com; Web site: http://chronicle.com/
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A