In August 2021, the IUPAC Council approved the establishment of the Centenary Endowment Board to provide a mechanism through which Fund Donors can support and engage in IUPAC’s international work. Among other responsibilities, the Board shall be responsible for and administer IUPAC’s funds solicitation efforts and the development of the Fund and recommending disbursement in accordance with the Fund Mission and, where relevant, specific designations by Donors.
The purpose of the fund will be to finance projects and activities in support of:
• the establishment of IUPAC nomenclature and standards in the digital domain to enable advances in Big Data relevant to chemistry and chemistry related research and development,
• the Union’s unique international role in the critical evaluation of chemical data and establishment of standards that will be necessary to underpin the achievement of Sustainable Development and the UN millennium goals, and
• the setting of chemistry education and capacity building in emerging regions to promote their economic development whilst helping to ensure the safe and environmentally sensitive application of chemical technologies in these countries.
IUPAC is now recruiting individuals volunteers with significant experience in fund raising and connected to a large network of funders to start this venture for IUPAC. Having a background in Chemistry is desirable, as there are many activities and programs running in IUPAC that would appeal to a diverse group of potentially interested donors.
The initial objective of the Fund is to provide endowment investment earnings of at least $100,000 per annum for IUPAC activities consistent with the Fund Mission, net of the operational costs of the fund, including those of the Centenary Endowment Board.
Interested individuals are encouraged to contact IUPAC Executive Director, Lynn Soby <[email protected]>
< back to the Centenary Endowment Board
(Announcement published in Chem Int July 2022, p. 29)