National Biodiesel Foundation funds support industry projects
With a mission to provide education and research for the advancement of biodiesel and carry out projects that benefit the industry, the National Biodiesel Foundation recently held fundraisers during the National Biodiesel Conference & Expo. This year’s NBF silent auction and raffle raised more than $20,000 that will be used to directly fund biodiesel projects.
The NBF also hosted its first quarter meeting where it welcomed new directors Mike Cunningham from the American Soybean Association and Matt Jaeger from Emergent Green Energy. Jaeger was also elected as the new treasurer.
During the February meeting, NBF directors voted to support three new projects this year: 1) the Iowa Renewable Fuels Association’s 5th Annual Biofuels Science and Sustainability Tour; 2) the Illinois Biodiesel Sales Tax Economic Impact Study; and 3) the California Environmentalist Midwest Soybean and Biodiesel Production Tour.
The foundation partners with organizations such as the National Biodiesel Board, the Iowa Renewable Fuels Association, and state soybean boards to leverage resources to their fullest potential. Funding sources include grants from entities such as the U.S. DOE, donations from the industry through fundraising efforts and private contributions from companies such as Harms Oil, Monsanto and US Coachways.
To contribute to the NBF or learn more about its activities, visit them at www.biodieselfoundation.org.