
MANAGER'S REPORT
The Foundation for Ancient Research and Mormon Studies, federal tax identification number 95-3442860, was incorporated in 1979. In July 1981 its newsletter circulation was 850; currently over 3,000 newsletters are mailed to 43 states and 17 countries. To date over 4,000 Reprints and Preliminary Reports have been distributed. Recent asset acquisitions include a multilith offset press. Last fiscal year 46 people made financial contributions to FARMS; this year 204 people have contributed. FARMS has four part-time employees.