Volume 89 Issue 50 | p. 7 | News of The Week
Issue Date: December 12, 2011

ACS Board Of Directors Approves 2012 Budget, Elects New Board Chair

Department: ACS News
Keywords: ACS Board of Directors, ACS operating budget, Chair of ACS Board of Directors, William F. Carroll Jr.

At their meeting on Dec. 1–3 in Arlington, Va., the American Chemical Society Board of Directors approved a 2012 operating budget with projected revenues of $484.5 million, an increase of 3.1% from the 2011 budget, and a net contribution to reserves of $15.4 million. This translates into an overall return on revenue of 3.3%, well within the board guidelines. The board also approved a capital budget of $31.5 million, up $2.0 million from 2011.

The . . .

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