The Psychoanalytic Assistance Fund (PAF) was established as an independent, nonprofit corporation after the Second World War to aid psychoanalysts who were refugees from Europe relocate and establish their practices in the United States. This financial assistance helped our European colleagues continue their work and make their contributions to American psychoanalysis. Subsequently, the funds have been used for colleagues who are in difficult financial situations, primarily those caused by illness. On a few occasions funds were used to help colleagues or groups who needed financial help to achieve other goals, professional or educational. During the past year the Board of Directors voted to terminate the corporation and transfer the funds to the newly established American Psychoanalytic Foundation (APF). These funds are to be held separately from the other accounts of the APF and used, as in the past, to assist financially stressed colleagues.

The fund's ability to assist needy colleagues depends largely on the generosity of fellow analysts. To avoid depletion of the fund, the loans are limited to the annual interest earned on the principal. As the principal—currently is about $170,000—grows, so does the size and number of loans can be provided. Contributions should be sent to the Psychoanalytic Assistance Fund, c/o The American Psychoanalytic Association, 309 East 49th Street, New York, New York 10017. All requests for assistance are reviewed by the PAF Subcommittee of the American Psychoanalytic Foundation's Board of Directors, chaired by Donald Meyers. Applications for assistance should be sent directly to Donald I. Meyers, MD, 4560 Delafield Avenue, New York, NY 10471. Applications are confidential.

—Donald Meyers