ðə kˈɛmɪkəl faʊndˈeɪʃən wʌz ɪstˈæblɪʃt tʊ ɐdmˈɪnɪstɚɹ ɪnðə pˈʌblɪk ˈɪntɹɛst fˈoːɹ,fˈaɪvhˈʌndɹɪd dʒˈɜːmən pˈæʔn̩ts ɐsˈoʊsɪˌeɪɾᵻd wɪð pɹədˈʌkʃən ʌv sɪnθˈɛɾɪk ɔːɹɡˈænɪk kˈɛmɪkəlz ænd ɹᵻlˈeɪɾᵻd fˌɑːɹmɐsˈuːɾɪkəlz sˈiːzd baɪ ðɪ ˈɑːfɪs ʌv ˈeɪliən pɹˈɑːpɚɾi kʌstˈoʊdiən ˈæftɚ ðə jˌuːˈɛs ˈɛntɚd wˈɜːld wˈɔːɹ ˈaɪ.
The Chemical Foundation was established to administer in the public interest 4,500 German patents associated with production of synthetic organic chemicals and related pharmaceuticals seized by the Office of Alien Property Custodian after the US entered World War I.