National Science Foundation (NSF)
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 defenseā¦” With an annual budget of $7.3 billion (FY 2015), we are the funding source for approximately 24 percent of all federally supported basic research conducted by America’s colleges and universities.