In 1993, AIBS became a member of the Council of American Overseas Research Centers (CAORC) and since then has received funds from CAORC to continue these programs. Founded in 1981, CAORC is a private not-for-profit federation of several independent overseas research centers that promote advanced research, particularly in the humanities and social sciences, with focus on the conservation and recording of cultural heritage and the understanding and interpretation of modern societies. CAORC fosters research projects across national boundaries, encourages collaborative research and programmatic and administrative coherence among member centers, and works to expand their resource base and service capacity. AIBS launched the Dhaka Center in 2010, which facilitates AIBS Fellows, hosts a montly lecture series, and hosts a JSTOR access computer for scholarly research.