Some comments on the IEEE's fiscal state of affairs

Last year (2000) was for many the end of a long merry ride for personal (and corporate) investments. As we await the statistical data to see whether indeed the stock market icon has changed from bull to bear, it is appropriate to review the state of IEEE finances. The following reviews the IEEE financial picture for the year 2000, and also gives history and a look forward. The elements of the budgeting process are discussed, and examples of infrastructure and initiative projects: investments in “our business” are described. Although the detail may be most meaningful for volunteers deeply involved in financial matters of the Institute, the overview is relevant to all.