The National Science Foundation (NSF) was established in 1998 by Act No. 11 of 1994 as the successor to the Natural Resources Energy & Science Authority of Sri Lanka (NARESA). NARESA was established in 1981 as the successor to the National Science Council set up in 1968. In 2008, NSF celebrated the 40 years of dedicated service to Science and Technology in Sri Lanka "Research is the foundation of knowledge" The motto of the NSF and its predecessors, NARESA and the NSC is also the main function of the NSF. The NSF is committed to generate knowledge, dissemination and transfer of knowledge and, more importantly, to ensure the effective utilization of knowledge, for the greater benefit of the people of Sri Lanka. The foundation supports, and embraces, research in all fields of fundamental and applied sciences as well as in the social sciences. Objectives The NSF objectives and functions To initiate, facilitate and support basic and applied scientific research by universities, science and technology institutions and scientists, with a view to: Strengthening scientific research potential, including research in the social science, scientific education programmes, Developing the natural resources of Sri Lanka. Promoting the welfare of the people of Sri Lanka and Training research personal in science and technology To foster the interchange of scientific information among scientists in Sri Lanka and abroad. To awards scholarships and fellowships for scientific study or scientific work at recognized science and technology institution To maintain a current register of scientific and technical personal, and in other ways to provide a central clearing house for the collection, interpretation and analysis of data, on the availability of, and the current and projected need for, scientific and technical resources in Sri Lanka, and to provide a source of information for policy formulation on science, technology and other fields; To popularize science amongst the people by funding programmes for the purpose.