Associations who mix mission and income by running other groups
- March 20, 2015 |
- LORI SHARN BRYANT
Larger groups manage smaller ones in their sectors as a way to boost efficiencies and synergies; specific arrangements vary and often evolve Fogleman Shotwell Sloan FASEB is building upon its past to promote a promising revenue stream for the future. The Federation of American Societies for Experimental Biology manages 14 scientific societies and provides services—from accounting to meetings and membership—for 33 other science-related groups. That's in addition to the policy, advocacy and collaboration efforts FASEB undertakes for its 27 member societies. The net income from FASEB's association management services is small, but has potential to grow, said… Read More