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ISASI is a society formed to promote air safety by the exchange of ideas, experiences and information about aircraft accident investigations, and to aid in the advancement of flight safety; to promote technical advancement by providing professional education through lectures, displays and presentations and by the exchange of information for mutual development of improved investigations; to broaden professional relationships among members; to maintain and increase the prestige, standing and influence of the Air Safety Investigator in matters of air safety. The Society was founded in the United States under articles of incorporation in the District of Columbia on August 14, 1964. At the organizational meeting, the governing by-laws of the Society were adopted, and the first slate of officers elected. Mr. Joseph 0. Fluett of the U. S. Civil Aeronautics Board and the initiator of the preliminary action to establish the Society, was elected the first President.

The primary purpose of the Society, quickly named SASI, was to promote that part of the aeronautical endeavor wherein lies the moral obligation of the Air Safety Investigator to the Public, and to promote the education of its members, of those directly associated with aeronautical problems, and of the general public concerning those problems peculiar to the work of the Air Safety Investigator. With the establishment of the Canadian and Australian Societies' and over 100 individual members from 35 countries, the international nature of the Society was recognized in 1977, and the name of the Society was changed to The International Society of Air Safety Investigators to reflect the changes. Affiliated National Societies are located in Asia, Australia, Canada, Europe, Korea, Latin America, New Zealand, Pakistan, Russia and the United States.

The affairs of the Society are administered by its International Council. The International Council is composed of Officers and Councilors elected by membership biennially. The International Council is composed of the Society President, Vice-President, Secretary, Treasurer, Executive Advisor (Immediate Past President) and Councilors representing the affiliated national Societies and International members. Assisting in the work of the Society are three Standing Committees, six Special Objective Committees, and Technical Working Groups to address Air Traffic Services, Cabin Safety, Corporate Affairs, Government Air Safety, Human Factors and Unmanned Aircraft Systems, just to name a few. The administrative office of the Society is manned by a full-time staff member, who handles communications, inquiries and requests from Members, and mailings to members, among other duties. The offices are located five minutes away from Washington's Dulles Airport, and can be accessed by telephone during normal business hours, fax or email at any time.

On August 14, 1986, the Society's status for tax purposes under U.S. law was changed to a tax exempt organization. With this status, "Donors may deduct contributions to you as provided in section 170 of the (US) Code. Bequests, legacies, devises, transfers or gifts to you or for your use are deductible for (US) Federal and gift tax purposes" if they meet certain requirements of Sections 2055, 2106 and 2522 of the Code. Contributions and gifts will be used to expand ISASI's educational program.

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