Funding Request Guidelines
(Amended by the AGMA Foundation Board of
Trustees on June 28, 2006)
AGMA
Foundation Vision
Excellence in gearing through the advancement of gear science,
standards and education.
AGMA Foundation Mission
To support the establishment of global gear standards, research
to strengthen those standards, and training and education to ensure
their effective use.
Purpose
The AGMA Foundation provides funding for research and other
projects which advance the Foundation’s mission and
vision.
How to
Obtain Funding
Applicants must submit a funding
proposal to the Foundation’s Board of Trustees, following either
the Format for Requests to Fund Scientific Research, or the Format for
Requests to Fund Other Projects. Proposals may be submitted at any
time, and may be in hard copy or electronic form, but must be signed and
dated.
Review
Process
Proposals will be reviewed by the AGMA Foundation Board of
Trustees and, where applicable, by experts recommended by the AGMA
Technical Division or Committees. Letters of support from
interested parties will be taken into consideration if submitted with
the initial proposal.
The time needed
for the Foundation’s proposal review process varies with the
complexity of the proposal.
Distribution of Funds
The schedule of distribution of
funds will vary depending upon the length, type and complexity of the
project, and thus will be established on a case-by-case basis. The
Foundation has a fiscal responsibility to ensure that its funds are
being used in an appropriate manner. Applicants are encouraged to
consider the Foundation’s responsibilities in this regard when
submitting proposed schedules of reporting and payment. Grantees
will be expected to sign a grant agreement.
Progress Reports
The schedule of progress reports depends upon the
project’s type and length, and will be established on a
case-by-case basis. Generally, the
Foundation requires at mid-project a one page synopsis of the
project’s progress, unforeseen problems and results to date. The
mid-project report will be reviewed by the Foundation Board of Trustees
and, where applicable, by experts recommended by the AGMA Technical
Division or Committees. A final, written
report is required within 60 days of project
completion.
No Cost
Extension
An extension of the term of the funding may be requested for up
to twelve months beyond the original ending date specified in the
proposal. Approval of an extension does not include additional
funding.
The
request for an extension must be made in writing to the Executive
Director of the AGMA Foundation prior to the expiration of the original
funding period. The request must state the
reason for the extension and should be cosigned by all
participants.
Other
requests for changes to the terms of funding
should be addressed to the Executive Director of the AGMA Foundation and
include applicable documentation and institutional
approvals.
Funding
Proposal Format
Proposals for funding must include all of the items detailed in
the Funding
Proposal Format in order for the proposal to be considered. In
addition, applicants are required to submit their information following
either the Format
for Requests to Fund Scientific Research, or Format
for Requests to Fund Other Projects, as applicable.
View
the Funding Proposal Format
Questions or inquiries regarding the proposal process or format may
be directed to the AGMA
Foundation.
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