ACWF: Traditional Economics and Ecological Economics Research Grants

Sponsor: Alex. C Walker Foundation (ACWF)

Purpose of the Foundation

The Foundation awards grants to:

(1) investigate the causes of economic imbalances;

(2) investigate the effect of the monetary system in fostering a sustainable economy.

(3) investigate causes tending to destroy or impair the free-market system;

(4) explore and develop free-market solutions and

(5) disseminate information on the results and findings.

Applicants should clearly describe how their project meets one or more of the first four purposes of the Foundation. All projects should also have a plan to meet the last purpose - disseminate information on the results and findings. In addition, please describe how you meet the following conditions for scope of project and tax status:

Scope of Project

(A) Applicants should explain how their project either addresses an issue of national economic importance or investigates causes tending to impair or destroy the global free-market system. The Foundation funds projects of national significance to the United States within the context of the global economy. However, the Foundation's endowment is limited, so local and international projects are often funded as pilot studies or demonstrations that can be applied to issues of national importance. By contrast, projects with a strictly local focus and projects that only benefit foreign countries are not funded.

Traditional and Ecological Economics

The Foundation funds two categories of projects: traditional economics and ecological economics with a free-market orientation. The Foundation seeks market approaches for addressing economic imbalances and protecting our environment.

Types of Projects Funded

Approved projects deal with the research and development of innovative ideas, and the application of ideas developed through seed grants and research. No grants are awarded for endowment, or to individuals.

Philosophical Orientation

Compared to regulatory or political approaches, markets generally deliver goods and services of higher quality and lower cost. However, the trustees do not subscribe to the view that markets provide optimal or socially acceptable solutions to all problems. Projects are sometimes supported that combine market approaches with regulations within a politically acceptable framework.

Amount: No fixed limit

Deadline: The application deadlines are April 1st and October 1st. Projects of a time sensitive nature are occasionally considered outside the normal grant cycle.

For further information, please visit: http://walker-foundation.org/net/content/page.aspx?itemid=5534&siteid=5316&wrapid=69