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Home > INTRODUCTION > Financial Resources
 
 
Financial Resources of AASA may come from membership fees, contract fees, public subsidies, donations

The Board determines the annual membership fee of the members in accordance with the rules and regulations.
The membership fee for a financial year must be determined prior to the financial year and be based upon an approved plan of activities and related budget. At the Inauguration and First General Assembly Meeting of the AASA held on September 22, 2000 in Seoul, Korea, it was decided that Each Member Academy pay an annual Membership Fee of US$ 1000.00.
It was consented, however, that an exemption or reduction of the fee may be allowed in due course for academies with financial difficulties.

Donations from members and other similar bodies, governments, public or private organizations, corporations or funds and private individuals will be sought and extended as the activities and recognition of AASA become more firmly established.

The financial year of AASA follows the calendar year.
 
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