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From the Director

The year 2009 was a fiscally challenging year for the American Chemical Society Petroleum Research Fund (ACS PRF). Yet, by taking prudent fiscally responsible actions, not only was the ACS PRF able to provide funds to all those proposals awarded grants in 2009 but it was able to maintain its support of our four core research grant programs in future years. At their May 2009 Advisory Board meeting, the ACS PRF Advisory Board (AB) suspended all non-core ACS PRF grant programs henceforth because of the poor financial markets causing a decreased grant budget for fiscal year (FY) 2009 and predicted for FY 2010, FY 2011 and FY 2012. Full message from the director