230 - National Science Foundation
Overview The National Science Foundation (NSF) is an independent federal agency created by Congress in 1950 “to promote the progress of science; to advance the national health, prosperity and welfare; to secure the national defense…” NSF is the funding source for approximately 25% of all federally supported basic research conducted by institutions of higher education. In many fields such as mathematics, computer science and the social sciences, NSF is the major source of federal support. NSF allocates 94% of its approximately $9.5 billion budget for grants and awards to support research projects, facilities and STEM education. Most of these awards go to individuals or small… Read More