The ACI Foundation is using the funds to support research, scholarships, new technologies and issues of strategic importance to the concrete industry.
The fund includes an annual 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.
Ron Burg, executive vice president, at ACI says: “ACI’s commitment to research funding, scholarships, and new technologies is demonstrated through the increased funding to the ACI Foundation. The work of the ACI Foundation is guaranteed to improve ACI’s technical knowledge and make our world stronger and safer.”
During 2018, the ACI Foundation distributed 19 scholarships and fellowships to students, funded new concrete research projects and invested in initiatives to advance the implementation of new technology. These initiatives are supported by contributions from ACI, ACI chapters, corporate donors, and individuals within the concrete community.
Next year, the ACI Foundation expects to fund additional research and new strategic initiatives while also administering fellowships and scholarships for up to 20 students.