The grant is awarded every year to programs meeting the following criteria:

1. Research in areas of science, technology and medicine in Asian Societies, historical and contemporary urban in an inter-connected Asia, and religion in Asia preferably with a focus on China;
2. The holding of seminars and conferences organized by the Institute in connection with research projects supported by the Fund;
3. Publications arising from research supported by the Fund; and
4. Any other research and education proposals as endorsed by the Institute.

Internal circular to eligible parties is issued annually to call for proposals.