Yesterday ITAR-TASS held a press conference with Alexander Khlunov, Russian Science Foundation Director General. RSF was created late last year by the President decree to support original research projects on nine fundamental science areas. According to Alexander Khlunov, grant amounts will range from 5 to 100 million rubles, projects terms should be from 3 to 5 years. Thus, the Russian Science Foundation will be the largest investor in basic science. Its budget for 2014 - 2016 years. Is about 47 billion rubles.