Thursday, January 31, 2008

Is the United States Chess Federation in Trouble?

Is the United States Chess Federation in Trouble?

By Dylan Loeb McClain

A statement from a meeting about the finances of the United States Chess Federation was posted over the weekend on the federation’s Web forum by Bill Goichberg, the president of the federation. In the statement, Goichberg talked about the federation’s finances, saying they are not in good shape and the federation is projected to run a significant deficit (significant from the federation’s standpoint as it does not have much in the way of financial reserves and its revenues are about $3 million a year).

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