# American Chemical Society

American Chemical Society is an Endowment / Foundation based in Washington, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Washington, United States
- **Region:** North America
- **Address:** 1155 Sixteenth Street, NW, Washington, DC 20036, United States
- **Founded:** 1876
- **Assets under management:** 1700 (Altss estimate)
- **Website:** acs.org
- **LinkedIn:** https://www.linkedin.com/company/american-chemical-society

## Regulatory record

- **Reports private funds:** No

## About

The American Chemical Society was founded in 1876. It functions as a nonprofit scientific organization with an endowment-style investment pool that supports its core mission in chemistry education and research. The pool allocates 54.5 percent to domestic and foreign equities and 27 percent to fixed income securities. An additional 5.66 percent sits in private equity, while real estate exposure totals $87 million through minority stakes in private funds. Geographic reach centers on North America with supplementary holdings in Europe and Asia. Ning Wang directs day-to-day investment decisions. The organization employs 1,001 people across its Washington headquarters and Columbus, Ohio campus. It maintains the ACS Petroleum Research Fund, which awarded grants supporting 204 projects in 2024. In May 2024 Ning Wang spoke on private markets allocation at the AlphaEdge Private Equity Investing conference. ACS owns 100 percent of Chemical Abstracts Service and ACS Publications, two operating businesses that generate the majority of its revenue and reduce reliance on external managers for capital deployment.

## Sectors

- Private Equity
- Real Estate
- Fixed Income

## Offices

- Columbus, OH

## People

- Albert G. Horvath — Chief Executive Officer
- Ning Wang — Director of Investments
- Emily Kunchala — Treasurer and Chief Financial Officer
- Wayne E. Jones Jr. — Chair of the Board of Directors

## Questions

### Who runs investment decisions at American Chemical Society?

Ning Wang serves as Director of Investments and oversees the $1.7 billion pool alongside the CFO and board investment committee.

### Does American Chemical Society participate in fund commitments or only direct deals?

The organization acts as a limited partner in unnamed private equity funds and holds minority positions in private real estate vehicles.

### What asset classes does American Chemical Society allocate to?

Public equities represent 54.5 percent, fixed income 27 percent, private equity 5.66 percent, and real estate approximately 5 percent of the pool.

### Where does the underlying capital come from?

Revenue from ACS Publications, Chemical Abstracts Service, and membership dues funds the investment pool.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/american-chemical-society

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