American Concrete Institute Increases 2018 Funding to $1,000,000
In pursuit of a future where everyone has the information needed to use concrete effectively to meet the demands of a changing world, the American Concrete Institute has increased its 2018 funding for the ACI Foundation to $1,000,000. The ACI Foundation is using these funds to support research, scholarships, new technologies, and issues of strategic importance to the concrete industry.
Funding from the American Concrete Institute includes an annual $500,000 commitment for mission funding, two additional one-time contributions of $360,000 and $126,000, and additional funding for a new Middle East Fellowship.
During 2018, the ACI Foundation distributed 19 scholarships and fellowships to deserving students, funded eight new concrete research projects, and invested in initiatives to advance the implementation of new technology. These and other ACI Foundation initiatives are made possible through generous contributions by ACI, ACI chapters, corporate donors, and individuals within the concrete community. In 2019, the ACI Foundation expects to fund additional research and new strategic initiatives, while also administering fellowships and scholarships for up to 20 students.
“ACI’s commitment to research funding, scholarships, and new technologies is demonstrated through the increased funding to the ACI Foundation,” stated Ron Burg, Executive Vice President, American Concrete Institute. “The work of the ACI Foundation is guaranteed to improve ACI’s technical knowledge and make our world stronger and safer.”