From the CrossRef Blog:
The CrossRef board of directors approved the FundRef funder identification pilot as a production service. During the pilot, which ran from March 2012 to February 2013, scholarly publishers and funding agencies, facilitated by CrossRef, have collaborated to find a standard way of reporting funding sources for published scholarly research. A report that outlines the experience of the pilot and provides recommendations for going forward is available.
FundRef will benefit a number of constituents:
- Authors will be able to choose from a standard set of names of funders when submitting for publication.
- Researchers will be able to view funding information in a standard way across publishers to help them evaluate the scholarly content they read.
- Publishers will be able to track the funders driving the content in their journals and other content.
- Funding agencies will be able to better demonstrate the scholarly output resulting from their expenditures.
- The public will gain transparency into scholarly funding and its results.
Participating publishers will be able to deposit funding organization names and grant numbers to their CrossMark metadata records. The standardized funding names stem from a taxonomy of approximately 4000 worldwide funders, contributed to the project by Elsevier. Publishers will also be able to display FundRef information in the publication record tag of the CrossMark update and identification service.
Read the Complete Blog Post
See Also: FundRef Workflow Chart (PDF)