The ASCFG Research Foundation was formed in 2004 as a 501(c)(3) organization. This non-profit and tax-exempt status allows the Research Foundation to apply for grants and to raise money for larger research projects that would be conducted by universities. The Research Foundation is currently funded solely by ASCFG member donations and the Research Auction held most years at the ASCFG National Conference. The ASCFG Research Foundation supports a competitive grant program open to universities, governmental agencies, and other tax-exempt 501 (c) (3) organizations.