Law 5048, which created CONICIT in 1972, states that CONICIT was to receive a fixed annual endowment of CRC 1.5 million44 to implement and finance its activities. The provisions of Law 5048 were not fundamentally altered except from the fact that earmarked appropriations would simply “transit” through the MICITT’s budget without any question about their continuing rationale. Financing through a trust fund may have some advantages, as the schedule of transfers of resources to beneficiaries is not constrained by the fiscal year commitments requirements.