 Since its inception from April 2014, the foundation has provided AU$302,000 towards research projects.Skyrail won a number of Australian National Tourism Awards including 2008, 2009 and 2010 Excellence in Sustainable Tourism, 1997 and 1999 Best Major Tourist Attraction and 1996 Best Tourist Development Project.Queensland Tourism Awards include the 2010 Hall of Fame – Excellence in Sustainable Tourism, 2008 and 2009 Excellence in Sustainable Tourism, 2000 Hall of Fame Best Major Tourist Attraction, 1997, 1998 and 1999 Best Major Tourist Attraction and 1996 Best Tourist Development Project.