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Future Asteroid Interception Research Non-profit fund raising for astronomers hunting asteroids, meteorites, comets, and NEOs (near earth objects)

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Allocation Process

Please note: Funding thus far hasn't extended beyond our first project, so the proposed process below will only become practical when there is sufficient funding to merit multipayments (dec/05).

Only projects that will ultimately contribute to increasing the percentage of space in our solar system being scanned for threatening asteroids (NEOs) will be eligible for submission. Projects will be deemed equally important.

At the end of the financial year, the amount of money collected in [the Fund], plus any interest that it has earned throughout the year, will be allocated to the projects that have been submitted.

In the event of there being more projects to fund than there is money in the fund, the scientists who conduct this type of research will  logically be the most suitable people to decide which project receive funds first. However, the scientists have said that they would not be able to offer this advice as it would cause a conflict of interest.

About 30 percent of the sky has never been surveyed, Yeomans said. Pointing to an additional need for a southern telescope, he said, is that when asteroids are discovered in northern skies, they often need to be studied later from the south before their exact paths can be determined" ... [More]

Therefore, based on the fact that astronomers have stated that both the Northern and Southern hemispheres need to covered, the allocation of funds will be made in the order of projects' submission, with some conditions.

For example

1st Project X submitted by the ABC Institute in the Northern Hemisphere.

2nd Project Y submitted by the ABC Institute in the Northern Hemisphere.

3rd Project P submitted by the IFX Society in the Northern Hemisphere.

4th Project Z submitted by the CFO Institute in the Southern Hemisphere.

In the example above, where the projects are listed in the order of submission,

Project X would be allocated funds first, followed by project Z, so that projects in both hemispheres receive funding.

If sufficient funding remains, then project P would be funded next. In this way even though Projects X and P are in the same hemisphere, scientists from different organisations would have some funding.

And finally in the scenario above, Project Y would get funding if any remains available.

From time to time, it will be necessary to modify this simple method of allocation depending upon the balance of coverage around the world.

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