sign in

Gravito Foundation

Application for Grant Rewards

Eligibility

Organizations recognized as tax-exempt under Internal Revenue Code 501(c)(3) are eligible to apply for grants. Public governmental institutions such as universities are included in this definition. Organizations must also be determined not to be private foundations under Internal Revenue Code 509. No grants are made to individuals. With few exceptions, only organizations with principal operations in the United States and its territories are eligible for funding. Within the United States, there is no geographic limitation to the Foundation’s grantmaking.

Limitations

Grants are limited to no more than $50,000 in total (inclusive of indirects). They are identified by the amount requested in the application.

Eligible Applicants

Eligible applicants include doctorates and doctorate candidates: in a residency or fellowship training program or those who are no more than one year post-training, have a development plan, and can provide past writing/comments on the subject of Bitcoin or crypto-currencies. Doctoral candidate projects must be under the guidance of a mentor. The qualifications and experience of the mentor will be a consideration during evaluation of the application.

Budget Guidelines for Research Grant

There is a maximum of $50,000 (inclusive of indirects) per project. Indirect costs are limited to no more than 10% of the total direct costs. No more than one-half of the total budget may be applied to salary for the developing researcher. The remainder of the funds are to be used for research-related expenses, including supplies. The cost of attendance at one conference to report findings resulting from the project is allowed during the grant period. Travel costs for this conference may not exceed $4,000.

Deadlines

The Foundation conducts one grant round every year. Concept Papers are due by November 15th of each year by 5pm CT. Full Proposals are due May 15th by 5pm CT.

Application Process

Researchers may contact the Foundation at any time during the application process for assistance or guidance with their submission.

1 - Submit a Concept Paper

The Concept paper provides a brief summary of your project, enabling the Gravito Foundation to assess how well the proposed research fits with the Foundation’s interests. Papers will be evaluated to determine the relevance of the proposed project to the Foundation’s programs and to provide advice when submitting a full proposal. The concept paper does NOT include scientific references, biosketches, or CV’s. The concept paper should be written in layman's terms.

Concept papers are due November 15 of each year via email. Determination of interest is generally made within three weeks. The Concept paper provides a brief summary of the project, enabling the Foundation to assess how well the proposed research fits with the Foundation’s interests. Papers will be evaluated to determine the relevance of the proposed project to the Foundation’s programs and to provide advice when submitting a full proposal.

2 - Sumbit a Full Proposal

If the concept paper is accepted, continue with submission of the full proposal using the online application tool you will be provided via email. The Full Proposal provides an in depth description of the project, enabling the Foundation to assess the scientific merit and quality of the research. Both lay and cryptocurrency professionals will review the proposal. Cryptocurrency jargon should be limited, where feasible. (Please use lay terminology).

3 - Funding Decision

The primary contact on the application is notified of project approval or denial via email from the application system. Only proposals that are recommended for funding by the review committee will be considered by the Foundation Board. Recommendations are based on the evaluations of committee members and external expert review. These reviews ensure that proposals considered for funding meet the high standards of quality and effective research sought by the Foundation. If approved, project start dates may fall as early as six months from acceptance.