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Boundless Frontier Endowment

The Boundless Frontier Endowment was gifted to the Astronaut Scholarship Foundation by the Nowotny Family. The dividends, interest and similar amounts earned from the endowment is distributed to ASF and used at the full discretion of ASF and without restriction. The principal of the endowment is to remain intact with a temporary restriction to provide funds for space development and colonization.


About the Boundless Frontier Endowment

The Boundless Frontier Endowment was created to push for the continuation of space exploration and colonization and reward those that make the efforts a reality. In doing so, the Nowotny’s have stipulated the following for the endowment fund.


Requirement 1


It will be used to award the following prizes to an individual, group, business enterprise or agency:


  50% of the value of the endowment fund, as determined on the day the award is identified and approved by ASF, for successfully establishing and occupying a permanent base on the Moon.

  50% of the remaining value of the endowment fund, as determined on the day the award is identified and approved by ASF, for successfully establishing and occupying a permanent base on Mars.

  50% of the remaining value of the endowment fund, as determined on the day the award is identified and approved by ASF, for successfully establishing a permanently manned facility in space or on a celestial object located anywhere beyond the orbit of Mars.

  50% of the remaining value of the endowment fund, as determined on the day the award is identified and approved by ASF, for successfully sending a manned space mission to another star system payable once the mission travels beyond the heliopause.


Requirement 2


The criteria for determining award recipients is at the discretion of ASF’s Board of Directors or its Executive Committee and any applicable governing law, provided, that the “permanency” of any manned facility, with respect to any particular award, shall be deemed satisfied in the event such manned facility is at least as "permanent" as the International Space Station (ISS) has proven to be as of the date of this Agreement. It is understood by all parties to this Agreement there may be legal limitations as to the types of agencies to which ASF may or may not be permitted to grant such awards.


Requirement 3


Once all four awards have been granted, or at any time after December 31, 2100 even if some or all awards remain ungranted or unclaimed, ASF or its successor may freely use the endowment fund at its direction without further restriction of any kind or nature.


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