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American Chemical Society (Petroleum Research Funds)

The American Chemical Society (ACS) is a scientific society that supports scientific inquiry in the field of chemistry. It is a non-profit organization and holds a congressional charter under Title 36 of the United States Code. The ACS established The American Chemical Society Petroleum Research Fund (ACS PRF) that supports fundamental research in “the petroleum field”.  Fundamental research is defined as “petroleum, natural gas, coal, shale, tar sands and like materials.”  See the list of Research Topics that are supported and not supported by ACS PRF. The grant funding is intended as seed money, to enable an investigator to initiate a new research direction.

Summary of Standard Terms

Period of Performance Extensions

  • Pre-award costs are NOT allowed
  • No Cost Extension requests must be submitted by the PI to the Program Manager or the PRF office at prfinfo@acs.org
  • There is a limit of two, one-year, no-cost extensions.
  • The investigator should not have published or received financial support from another funding agency for the proposed research

Personnel/Institute Changes

  • Change of Principal Investigator(s) named in proposal or award requires prior approval
  • Investigators moving to a new institution may transfer their awards with approval from the program manager

Restrictions on Allowable Costs

  • No overhead costs may be charged, which includes secretarial and/or administrative salaries
  • Funds may not be used to support laboratory technicians, contractors, consultants, or visiting faculty
  • Summer salary may not to exceed $8,000.00 per year and up to $16,000.00 per year including fringe
  • A research project for two years, with $110K total funding, should use at least 60% of budget as direct "student support" (i.e., graduate student research assistantships, or post-doctoral researcher stipends).

Re-budgeting Authority

Equipment/Property

  • Use of funds for equipment is discouraged
  • However, a limited amount of up to $5,000 may be used ONLY if budgeted in the proposal

Travel

  • A maximum of $2,000 per grant year, or $4,000 total, may be used for conference travel
  • Foreign travel is not restricted if travel was approved in the budget.

Subcontracting

  • Not allowed

Publication

The Principal Investigator is required to acknowledge the support of the Donors as the American Chemical Society Petroleum Research Fund in the following manner "Acknowledgment is made to the Donors of the American Chemical Society Petroleum Research Fund for support (or partial support) of this research."

Reporting

A. Technical/Progress reports

The technical reports are completed by PI includes and submitted online via the sponsor website.

  • NARRATIVE PROGRESS REPORTS: This report is due annually on October 1st of each year. Report length should be no more than 1,000 words plus a maximum of five (5) images. A graphic image for the Table of Contents is also required.  Narrative progress reports will be published in the PRF Annual Report.
    • PERSONNEL REPORT: This report is due annually ONLY if students were supported with funds
    • FINAL TECHNICAL REPORT: This report is similar to the annual narrative report but is due 60 days after the expiration of the award.

B. Financial reports are completed by OCG:

The financial reports are completed by central Office of Contracts & Grants and emailed to prfreports@acs.org.  OCG Financial Officer's signature is required. The Specific Reporting Form must be used for the report

  • ANNUAL FINANCIAL REPORTS are required annually for grants that have been in effect for at least 12 months.
    • Ordinarily, the first payment is scheduled for the month in which the grant period starts and subsequent payments are scheduled for September of the following year(s).