April 1993 - American Bonanza Society

Recently, the American Bonanza Society Air
Safery Foundation announced plans for a
S5 million endowment fund-raising drive. The
money will be used to funher the greatest cause to
which we, as an organization, can devote ourselves:
safety in our skies.
Only the interest from investment of d1e endowment
will be used; fUl1her, a pOl1ion of the interest accnred
will be kept with d1e original invesunent as a hedge
against inflation. This will ensure that d1e money we
raise will keep its value into d1e next century.
There are a number of ways the goal of improved
safery in our skies will be accomplished as a direct
result of a successful fund drive. I'd like to oudine a few
of those.
First, 'we will hire an administrative director for the
Air Safety Foundation. His duties, among others, will
include the overall management of the ASF, including
selection and evaluation of qualified inspector!
instructors, responsibility for all the educational
programs of the ASF, setting up proficiency and
maintenance seminars in locales where the greatest
number of pilots can attend at the lowest possible
cost, production of manuals and brochures, and
communication of the ASF successes and needs to
the membership at large.
Secondly, d1e Bonanza/Baron Pilot Proficiency Programs
and the Service Clinic programs wi ll be expanded
and underwritten so that even d10ugh they are
PRESIDENT'S COMMENTS
Safety In OUf Skies
better than ever and available to more pilots in more
locations than ever, their costs will not rise above d1e
current rates, if at all possible.
Thirdly, a series of Bonanza- and Baron-related videos
will be produced and introduced to the membership
at a nominal fee as a result of this endowment
fund ing.
Some of d1e potential topics include: Emergencies ill
Bonanzas and Barons, Bonanza and Baron Icing Perils,
Su mmer and Winter Operations/or Bonanzas and
BalOns, Bonanza Systems, BalOn Systems, Forced landings,
Bonanza and BalOn PlOficiencyIRecunrmcy, and
many od1ers that apply to all of us.
We also hope to secure additional STC, 337 infonnation
and technicaVinstallation drawings for d1e libralY
d1at will be shared with the membership.
In all, the goal of the endowment fund dlive, once
achieved, will ensure d1e abiliry of the ABS/ ASF to raise
the overall safery of all our pilots and aircraft into the
next centlllY and beyond.
In funlfe issues of the newsletter, we'll have even
more reasons for you to become pal1 of this wOlthwhile
project
Until next month ... safe flying.
~ Fe~
AMERICAN BONANZA SOCIETY, APRIL 1993
PAGE 3196