Date: December 20, 2010
Creator: Matthews, Christine M.
Description: The National Science Foundation (NSF) was created by the National Science Foundation Act of 1950, as amended (P.L.81-507). The NSF has the broad mission of supporting science and engineering in general and funding basic research across many disciplines. The agency provides support for investigator-initiated, merit-reviewed, competitively selected awards, state-of-the-art tools, and instrumentation and facilities. The majority of the research supported by the NSF is conducted at U.S. colleges and universities. Approximately 82.7% ($3,320.5 million) of NSF's FY2007 $4,049.4 million research and development (R&D) budget was awarded to U.S. colleges and universities.
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