This document summarizes a presentation given by Dr. Barry Goodell on the future of the FPS organization. It discusses FPS membership declines since 1981 and weak financial position. It then presents a new vision, mission, and strategy for FPS that was developed through an extensive feedback process. The new vision aims to make FPS the international leader in advancing sustainable use of renewable cellulosic resources through science and technology. It seeks member approval of the new vision, mission, and strategy. It also initiates discussion on adopting a new name for FPS to better reflect the new strategic direction. Several potential new name options are suggested for consideration. Next steps outlined include voting on a constitutional amendment and further analyzing feedback on a potential new organizational name.