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THE THIRD ANNUAL REPORT of the National Science Foundation, transmitted to the White House in November and sent by the President to Congress in January, summarizes the Foundation's activities for the 1953 fiscal year, which ended last June 30th. The total cost of NSF operations in 1953 was $4.43 million, of which almost seventy-five percent was used for research grants and for fellowships. Most of the remainder was spent on national science policy studies, a review of the research and training programs, dissemination of scientific information, and attendance at international scientific meetings.
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A 1954 study studied this question.
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