It would be foolish and rather self-centered for us to believe that there is no other intelligent life in the universe besides ourselves. As far as S@H goes though, it seems somewhat unlikely (to me at least) that a telescope with such narrow scope will really be able to pull in anything meaningful, but who knows, I'm willing to donate my spare cycles to find out.
SETI@home and Astropulse are funded by grants from the National Science Foundation, NASA, and donations from SETI@home volunteers. AstroPulse is funded in part by the NSF through grant AST-0307956.