Draft:Funding

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This image is of the giant clam from the Palau Islands of Micronesia. Credit: Clark Anderson.

Funding provides resources to a research or exploratory project so that a person, business, or any other private or public institution, may successfully accomplish the objectives of the project.

A request for funding is an attempt at fundraising.

The resources provided can be income, computing time and access, libraries and databases, or specific facilities such as observatory time or use of laboratory equipment.

Research funding[edit]

Research funding is often in the form of donations or grants.

Theory of funding[edit]

Def. a "large supply of [money provided] to be drawn upon"[1] is called funding.

Risks[edit]

The higher the risk (lower the probability) of success, the closer to a gift the resource becomes.

The lower the risk (higher the probability) of success, the closer to an investment or loan usually with interest, the resource is.

Foundations[edit]

In between these two extremes is funding provided by a foundation where some reasonable likelihood of success can be demonstrated usually on the basis of past achievement or credentials.

Justification[edit]

Obtaining funding (income to cover research costs) is important because research takes a toll on time, energy, and resources.

Public funding[edit]

Original research may not lead to profit-making yet may be valuable in its contribution to society. The results of the research or exploration that contribute to the better good of society should be made available for the public good and funded accordingly.

Norway public funding[edit]

Norwegian Research Council[edit]

United States of America funding[edit]

The United States of America (USA) participates in public funding through nearly all of the division of the executive branch.

"The [US] federal government has mandated that all federal government grant-making agencies use Grants.gov as their primary way of receiving grant applications."[2]

Defense Advanced Research Projects Agency[edit]

The USA Defense Advanced Research Projects Agency (DARPA) participates in public fund for those research and original research efforts that may benefit national defense. DARPA also goes through grants.gov.

Department of Education Grants[edit]

Geological Survey[edit]

The United States Geological Survey goes through grants.gov.

National Aeronautics and Space Administration (NASA)[edit]

NASA also requires potential proposers to be registered with NSPIRES.

National Endowment for the Humanities[edit]

The USA National Endowment for the Humanites (NEH) encourages research and writing in all areas of the humanities, including the study of history, literature, philosophy, religion, and foreign cultures. Through grants to individual scholars and institutions, the division fosters work that enables Americans to understand the world.

"All applicants to National Endowment for the Humanities are required to use Grants.gov."[2]

National Institutes of Health[edit]

NIH also uses grants.gov.

National Oceanic and Atmospheric Administration (NOAA)[edit]

National Science Foundation[edit]

NSF requires potential proposers to be registered with fastlane; but, apparently is still not participating in the use of grants.gov.

Office of Naval Research[edit]

Hypotheses[edit]

  1. The higher the risk of success the more the funding needed is closest to a grant with no strings attached.
  2. The lower the risk of success the more the funding needed is closest to a loan.

See also[edit]

References[edit]

  1. SemperBlotto (16 June 2011). fund. San Francisco, California: Wikimedia Foundation, Inc. Retrieved 2017-06-04.
  2. 2.0 2.1 NEH (April 22, 2013). Frequently Asked Questions about NEH on Grantsdotgov. 1100 Pennsylvania Ave., NW, Washington, D.C. 20506: National Endowment for the Humanities. Retrieved 2013-04-22.

External links[edit]