Undergraduates)
ORLANDO COLL FOR PRPERS! Deadline: M a y 1 , 1996 Do you care about your prospects in our increasingly competitive employment market? Join more than 12,000 chemical, scientific, and engineering professionals at the 212th ACS national meeting in Orlando, FL, August 2 5 - 2 8 , 1996! Join us to present a paper, to help prepare yourself for a marketable career in the chemical sciences, network, or just have a good time!
Undergraduate Research Poster Session Submit one abstract on an original ACS form by May 1, 1996 to J. Higuchi, Student Affiliates Program, ACS,
1155 Sixteenth St., N.W., Washington, DC 2 0 0 3 6 ; (202) 872-6166, e-mail
[email protected],
fax (202) 833-7732. Deadline for the 213th ACS national meeting is December 1, 1996.
Successful Student Affiliates Chapter Activities Poster Session Submit 5 copies of an abstract (original on ACS standard form) by May 1, 1996 to P. Samuel, Dept. of Chemistry, Boston Univ., Boston, MA 0 2 2 1 5 ; (617) 353-2124, e-mail
[email protected], fax (617) 353-6466. Deadline for the 213th ACS national meeting is November 15, 1996.
Orlando Highlights (tentative) Corporation Associates' Careers in Industry Panel Discussion Employment Clearing House Professional Development Workshops Undergraduate Research Off Campus: Student and Faculty Perspectives Enlightened Science: The Use of Lasers in Materials Chemistry Corporation Associates' Reception for Undergraduates Younger Chemists Committee Reception Student Survival Guide to Learning Chemistry P&G's Sherlock Holmes with a Lab Coat Graduate School Fair Eminent Scientist Lecture Solar Hydrogen Chemistry
Also join more than 2 , 0 0 0 undergraduates at the 2 1 3 t h ACS national meeting in San Francisco, CA, April 1 3 - 1 7 , 1 9 9 7 !
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Working
Together
AMERICAN
CHEMICAL
SOCIETY
ANNUAL
REPORT
1995 A
s u p p l e m e n t
to
C h e m i c a l
&
E n g i n e e r i n g
News
A M E R I C A N C H E M I C A L SOCIETY 1 9 9 5 N A T I O N A L OFFICERS A N D B O A R D OF DIRECTORS President Brian M. Rushton Air Products and Chemicals, Inc. (Retired) President-Elect Ronald C Breslow Columbia University Immediate Past President NedD.Heindel Lehigh University hairman of the Board of Directors Paul H . L Walter Skidmore College Executive Director JohnKCrum American Chemical Society Secretary D. H. Michael Bowen American Chemical Society Treasurer Brian A. Bernstein American Chemical Society Director, Region 1 James G. Bennett, Jr. GE Plastics (Retired) Director, Region II MordecaiD.Treblow Mead Corporation (Retired) Director, Region III Judith C Giordan Henkel Corporation
Directors-at-Large Joseph A. Dixon Pennsylvania State University (Retired) Attila E. Pavlath Western Regional Research Center, United States Department of Agriculture Joan E. Shields Long Island University Larry F.Thompson Integrated Solutions, Inc. Paul H . L Walter Skidmore College Henry F.Whalen, Jr. PQ Corporation
BEQUESTS The American Chemical Society gratefully acknowledges the generosity of friends and members from whom we received bequests in 1995. HowardKlevens Franklin A. Lenfesty Gertrude A. Brvce Hickerson, in memory of her father, Clarence Hill Bryce Ann K. Silver MEMORIALS The American Chemical Society is pleased to recognize those individuals in whose memory gifts were received during 1995. David A. Breslow William Courchene MurrellJ. Defranee Marcel G. Eye Kenneth G.Hancock Charles B.Sanborn Irving S.Sigal Herman Skolnik James Tumo Charles WJullock
Director, Region IV Maurice M. Bursey University of North Carolina Director, Region V Charles B. Lindahl Elf Atochem North America Director, Region VI Glenn A. Crosby Washington State University
Ralph C. Wands TRIBUTES The American Chemical Society is pleased to recognize those individuals in whose honor gifts were received during 1995. Albert D.Capuro
Wo/fey A Aterreff
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ie American Chemical Society was founded in 1876 and is a not-for-profit organization.
It is the world's largest scientific society and has a membership of more than 151,000 chemists and ihemical enqineers. The American Chemical Society was chartered by a 1937 Act of the U.S. Conqress The Society is recognized as a world leader in fostering scientific education and research, and promoting DUD icunderstnndinaot science.
KJMVtem^ Message from the Officers
2
Messages from Other Members
4
Who We Are
14
Management's Discussion and Analysis of Financial Results
15
Independent Auditors'Report
16
Consolidated Statement of Financial Position
17
Consolidated Statement of Activities
18
Consolidated Statement of Cash Flows
19
Notes to Consolidated Financial Statements
20
MESSAGE FROM THE OFFICERS
2)
/uring 1995, our Society made great strides in providing additional services to our members, espe cially those members employed in industry. We expanded our career services significantly in response to our members' growing need for help in finding and keeping jobs. One new service, the on-line ACS Job Bank, has the potential to literally revolutionize the way in which our members locate employment and the way in which employers locate chemical sci entists. In an effort to better communicate the value of ACS to the employers of our members, we established several programs aimed at the chief executive offi cers and chief technical officers of the industry. We have been concerned for some time now that, given the demands on the industry to produce more while containing costs, membership in the Society might be seen as a luxury rather than the ally of productivity that it truly is. We sincerely believe that ACS pro grams and activities can help our members work smarter and more efficiently, and we want the lead ers of the industry to understand this as well.
Chairman of the Board Paul H.L.Walter left Executive Director John K Crum center President Brian . Rushton fight /Brian M .MRushton right
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Of course, we did not expand the services for our industrially employed members at the expense of ser vice to other members. In 1995, we launched a series of member and customer service initiatives to deliver ACS services in the most efficient and conve nient manner. A key component of these initiatives is the ACS home page on the World Wide Web. Our members with access to the Internet can now investi gate and order most ACS products and services elec tronically. This is especially valuable to our members living overseas. We encourage you to look into the ACS home page (http://www.acs.org) and let us know of your suggestions for improvements.
y first encounter with ACS was in high school when I won an award for being the best chemistry student in the region. In later years, ACShelpedme find employees, ithelpedme teach better, it kept me up-to-date, and, eventually, ACS helped me return something to the profession as I became more and more involved in the '&> * Society.
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ver since I decided to make a career in chemistry, ACS has been synonymous with professional conduct and standards of performance. Literally all of my heroes of chemistry have claimed membership in our Society. When, late in my career, I was honored to serve as the president, I was able to give back just a bit to our magnificent / profession. WW ///
ο fat*^ A customer service initiative that did not go well at all was the conversion of the Society's membership and subscription data base manager from a 23-year-old system to a modern system. We experienced tremendous difficulties in communicating with our members and we caused numerous problems for the local sections and the divisions. The major problems are now resolved and we have significantly increased the time and attention staff devote to making this system into what it should b e — a first-class data base manager that enables us to deliver the kind of service our members deserve and expect. Our Society accomplished something truly remarkable in 1995. The Board of Directors approved the ACS Scholars Program in August and, by yearend, we had awarded $639,000 in scholarships to 200 minority chemistry students. All of the scholars are planning to become chemists, biochemists, or chemical engineers. Scholar Jennifer Tabullo and her mentor Julian Martinez, pictured on page 7 of this report, are an example of how effective this program is in supporting someone who wants to pursue a career in chemistry. We took great care to use the Society's money wisely by investing in the futures of these young people and investing in the future of our Society and our nation. This program is one in which we can take great pride. Our Society actually did something where most organizations simply wring their hands. Although ACS offers numerous benefits to our members, perhaps our Society's greatest value is in its ability to provide information. Whether it is through our publications, Chemical Abstracts Service, or our meetings, the Society is extraordinarily effective in facilitating the exchange of information among the practitioners of the chemical sciences.
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In 1995, we launched SciFinder, a truly user-friendly, point-and-click means of searching the CAS and STN data bases. This new product has been called the most significant development in scientific information management in the past 20 years. We conducted an extensive review of the entire ACS publications program last year, and the Visiting Committee on Publications presented its recommendations to the Board of Directors early in 1996. We will keep the membership well informed as we implement those recommendations.
6
The Society's national meetings in 1995 were tremendously successful, with more than 20,000 attendees and more than 10,000 papers presented. Also in 1995, two of the eight regional meetings set records for attendance and papers presented. These regional meetings were organized by ACS members with a wonderful dedication to our Society. (For a deeper insight into what might drive a member to give countless hours of personal time in arranging a regional meeting, meet Tom Smith of Xerox Corporation on page 4.) In 1994, the Board of Directors approved a new strategic plan. In last year's annual report, we went to great lengths to let the members know what the Society planned to do. We are pleased to report that, as promised, the various committees and other bodies of our Society carefully considered the programs and activities that we offer and altered them to be consistent with the strategic plan. In some cases, new activities were developed, and in some cases, no longer useful activities were abandoned. As you will no doubt see in the following pages, our Society had a very good year in 1995. We have worked hard to meet the needs of our members, our discipline, and our nation. The successes of the American Chemical Society are the successes of our members. We hope you are proud of our Society and are pleased with its accomplishments. Do let us know.
% ACS has been a big part of my life since I joined it in graduate school. I have belonged to the Society for 33 years and worked for it for 31, the last 14 as executive director. While my knowledge and understanding of the Society are quite good, lam constantly amazed at the new things I learn eachyear. lam exceedingly proud , . ^ f lU4fl of what our I \^L/ A^T Society has \ miA.i/ r^ accomplished.
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ne of the reasons the Xerox Corporation supports my participation in ACS is that it enables me to do my job at Xerox better.
As a research fellow here at The Joseph C Wilson Center for Research and Technology, I am obligated to stay abreast of the state-of-the-art in chemistry and to understand how the latest advances in chemistry and materials science might impact the imaging, marking, and information storage technologies that underlie copying, printing, and document processing. ACS membership has given me access to the latest scientific information in its journals and in a wide variety of scientific and technological forums. More importantly, active participation in the ACS serves to keep me well connected, networked if you will, with the leading researchers in polymer chemistry and materials science.
At ACS meetings, I am invariably exposed to information that will be valuable to my work and that of my colleagues at Xerox. When I make presentations at ACS meetings, I'm usually deluged with feedback from others who have an interest in what I'm doing and from many workers who have conducted related experiments. They often offer information on what has worked, or failed, for them, and at times fruitful collaborations have developed. Service to the ACS also provides significant value to me and to Xerox. For example, I recently helped to organize an ACS regional meeting in Rochester. Although it was time consuming, my efforts benefited Xerox and other area institutions by bringing a meeting here that featured the chemistry underlying imaging technologies. A large number of Xerox chemists, physicists, and engineers participated in the meeting. The meeting presented research at the cutting edge and attracted researchers from all over the world. Many of the experts making presentations came from area corporations and institutions. The meeting clearly served to reinforce Rochester's position as the world's image center. It is not often recognized that active participation in ACS local sections, regions, divisions, and national governance provides valuable management training. When a company promotes someone to be a manager, it takes a risk, particularly if that person has never managed before. When you take on volunteer positions—such as chairman of a regional meeting, member of a research advisory board, or officer of a local section—you have to work in teams with strong people who may have different points of view and you must lead and influence without authority. In the modern corporation, these are essential skills. The bottom line is that if a person has carried out management functions in ACS, he or she will have undoubtedly learned from mistakes. This amounts to risk-free management training for the employer. In this day and age, a good company will provide you with the tools and opportunities you need to grow, to change, and to maintain marketable technical and managerial skills. Xerox makes this commitment to its employees. ACS provides me with a wide variety of venues for learning beyond those in my work environment. Tom Smith, Rochester Section, ACS
4
I'm an environmental engineer at BASF, and I've found my divisional memberships—in chemical health a safety, environmental, and inorganic— to be a great complement to my job. ACS quite simply is a great way to stay professionally current Getting involved in my local section too has made me realize better where my dues dollars ao—towards programs that not only go—h help me stay current, but help promote chemistry as a whole. Hank Ramsey BASF Corporation
Many of the ACS career programs are beneficial to members who are out of work or just want to polish their professional skik For instance, you can talk to a career consultant (and network) in your field, which is important as many jobs are often not advertised. The resume reviews and mock interviews are also a great way to prepare you in presenting yourself to a potential employer. Ruth Hathaway Environmental & Regulatory Compliance Lonsultont
I really volue Èe News & Features section of Analytical Chemistry. Ihis is οfieldh t is hroadnnddm. andlneedhelûkeeDinauD
with things. Feature articles, book reviews, new product summaries, news about people and institutions, software reviews, and even summaries of key reports from other leading journals—there is a lot on this menu, but its attractivelylaidoutandeasyto read. Iflwere allowed only one analytical chemistry publication each month, this would be it. —Peter Kissinger, tmue University/
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The ACS Web site,fistedas one of the best 1001 Internet sites for 1 995 by PC Computing magazine, offers a listing of products and services, programmatic activities, and financial resources. Various ACS operating units have taken advantage of the immediacy and ^ • ^ n - t ^ ^ s : ease of imparting information via the Web. « S ; A i « ! i J ; X i SS ACS Web, http://wwwjics.org
Career Services offers information on salary trends, job searching, resume preparation, interviewing, and career transitioning for members in a variety of formats.
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Career fj Services and the Publications Division designed and K^h.WCUH) developed the online "ACS Job Bank/ which the Board of Directors voted to fund at the spring national meeting in Anaheim. Its URL is: http://iHibs.acs.org, and it lists jobs available and situations wanted from recent issues of C&EN; employment, which abstracts relevant ads from newspapers nationwide; WWW pages of major companies; and upcoming ACS career-related programs.
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