The Petroleum Research Fund is an endowed fund, managed by the American Chemical Society that supports fundamental research directly related to petroleum or fossil fuels at nonprofit institutions (generally colleges and universities) in the United States and other countries.
ACS Petroleum Research Fund (ACS PRF) grants are intended as seed money, to enable an investigator to initiate a new research direction. The investigator should not have published or received financial support from another funding agency for the proposed research. Also, proposals that the ACS PRF Advisory Board feels are a logical extension of an investigator’s previous research may be denied as “not a new direction.”
Since the first ACS PRF grants were approved in 1953, several grant programs have evolved to serve segments of the scientific community, including “new investigator” grants and grants to support researchers in departments that do not award doctoral degrees.