Fund for UFO Research Inc. QUARTERLY REPORT

Magazine Overview

This document is a Quarterly Report from the Fund for UFO Research Inc. covering the period of April to June 1992. It details the organization's activities, research initiatives, media mentions, and financial status.

Key Activities and Events

Abduction Study Conference The most significant event was the Fund's sponsorship of the Abduction Study Conference, held from June 13-17 at a major university in the Northeast. The Fund administered $48,000 contributed to the conference, which was attended by 100 mental health practitioners, UFO investigators, and abduction witnesses. Following the conference, a panel discussion on the UFO abduction phenomenon was videotaped and produced as an hour-long program titled "Abduction Roundtable," available from the Fund.

Research Grants and Proposals During this period, the Fund's National Board approved a $2,000 grant for Michael Chorost to support a trip to England for the analysis of soil samples from crop circle formations. This was intended as the first American scientific exploration of the crop circle phenomenon, aiming to discover characteristics that might refute the hoax hypothesis. Additionally, in April, the Fund received a research proposal from Russia to conduct an analysis of an anomalous mineral, marking the first such proposal from a member of the Commonwealth of Independent States.

Presentations and Media Coverage Fund Chairman Bruce Maccabee, Ph.D., presented on the UFO phenomenon at a joint meeting of the American Physical Society and the American Association of Physics Teachers in April in Washington, D.C. Executive Committee member Rob Swiatek addressed the INFO (International Fortean Organization) conference in May in Northern Virginia. Secretary-Treasurer Fred Whiting participated in a debate on the UFO subject at a science fiction convention in Washington, D.C.

In May, the Fund was mentioned in articles in Omni magazine and The Wall Street Journal. This media attention was likely linked to the CBS-TV miniseries "Intruders" and the release of the Roper Organization survey on UFO abductions. Executive Committee member Don Berliner reported conducting an average of one interview per week due to this coverage.

Organizational Matters The Board of Directors approved amendments to the organization's by-laws, including changes related to the Isabel L. Davis Award. This award recognizes long-term accomplishments and excellence in promoting rational inquiry into UFO sightings and related phenomena. Supporters are asked to vote for the nominees.

Treasurer's Report (2nd Quarter, 1992)

Income Total income for the quarter was $54,255.40, primarily from donations ($51,468.36), sales ($2,315.71), postage ($225.40), and interest ($245.93).

Expenses Total expenses amounted to $58,023.21, with the largest portion allocated to Program Services ($56,097.02), followed by Administration ($1,068.92) and Fundraising ($857.27).

Financial Summary The quarter resulted in a balance of ($3,767.81). Total assets were $11,982.32, including Checking Account ($1,910.72), Hanson S&L ($2,238.74), Dreyfus Account ($6,165.30), and Accounts Receivable ($1,667.56). Total liabilities were $13,181.07, encompassing various research projects and trips. The Net Worth at the end of the quarter was ($1,198.75).

New Offerings

Two items were offered for the first time: the book "Crash at Corona" by Stanton T. Friedman and Don Berliner, and the videotape "Abduction Roundtable." Additionally, the videotape "Recollections of Roswell (Part 2)" was offered as a sales item. The booklet "Unusual Personal Experiences," based on the Roper Organization's abduction survey, is also available.

Recurring Themes and Editorial Stance

The report highlights the Fund's commitment to sponsoring conferences, supporting scientific research into UFO phenomena (including crop circles and anomalous minerals), and disseminating information through publications and media. The organization appears to promote a rational and scientific approach to UFO inquiry, as evidenced by the Isabel L. Davis Award criteria and the mention of various research projects. The financial report indicates a period of significant expenditure, leading to a negative net worth, but also substantial income from donations and sales.