The AIB Foundation was founded as an incorporated, charitable foundation in 1981, separate from the AIB. Contributions to the Foundation are tax deductible in the United States and some other countries. The Foundation solicits funds from AIB members, corporations, and other sources.
Under the Foundation's charter, these funds may be used for a wide variety of purposes: student scholarships, faculty fellowships, research grants, travel grants, doctoral dissertation grants, and publications subsidies. The Foundation's Executive Board has decided that emphasis should be placed upon the funding of projects which would advance the cause of international business. Consistent with this purpose would be subsidies for research and publications relating to the teaching of international business and the internationalization of the business school curriculum. The Executive Board solicits inquiries and proposals for funding consonant with this overall sense of direction.
The Foundation accepts bequests from the estates of members and others who desire to make such contributions. Generally, smaller contributions would be made directly to the Foundation for inclusion into its regular operating budget. Larger donations may be made to establish named funds to memorialize an individual or organization, with the proceeds of the fund to be used in perpetuity for designated purposes.
Individuals wishing to apply for funding or make donations may contact:G. Tomas M. Hult