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**VyacheslaV** · 09-18-2007, 11:51 AM

At the end of 2006 they had $469,499 per the tax statement. Dues for 2007 would add $150,000 or more.

Anybody have any idea why so much money is being built up in the AUSKF? I have not heard of any long term plan or purpose for this amount of money. Even with the $100-150k USD needed to field a US kendo team every 3 years for the WKC, I don't understand why the federation board is building up such a large bank account.

Anyone know?

09-18-2007, 11:51 AM	#21
VyacheslaV Join Date Oct 2005 Posts 438 Senior Member	At the end of 2006 they had $469,499 per the tax statement. Dues for 2007 would add $150,000 or more. Anybody have any idea why so much money is being built up in the AUSKF? I have not heard of any long term plan or purpose for this amount of money. Even with the $100-150k USD needed to field a US kendo team every 3 years for the WKC, I don't understand why the federation board is building up such a large bank account. Anyone know?
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