Financial stewardship enables mission impact

I asked Google Gemini to help me find a catchy phrase to describe financial stewardship. One of the options provided, characterized as playful and memorable, was “good sense and good cents.” I think this is a fabulous catchphrase for the Committee on Budget and Finance (B&F) and our role within the American Chemical Society! ACS is a federally chartered organization, and by nature of our scientific, mission-driven purpose, it is also a 501(c)(3) organization. This category of nonprofit organizations must ensure that all earnings are used solely to advance the organization’s mission. This distinction does not limit the amount of revenue, scale of endowments, or investment strategy the organization uses as long as the mission stays at the center of the actions taken. Plainly speaking, there is no significant risk associated with accumulating assets if, ultimately, we use these assets to serve our community and cause. We are fortunate that