The Wellcome Trust was established in 1936 as an independent charity funding research to improve human and animal health. It has an endowment of around £13.9 billion' Now in its 76th year, the aim of the Trust is to "achieve extraordinary improvements in health by supporting the brightest minds", and in addition to funding biomedical research it supports the public understanding of science.
The Trust has been described by the Financial Times as the United Kingdom's largest provider of non governmental funding for scientific research and one of the largest providers in the world. In the field of medical research, it is the world's second largest private funder after Bill & Melinda Gates Foundation.
Read more about Wellcome Trust: History, Headquarters
Famous quotes containing the word trust:
“I trust the time is coming, when the occupation of an instructer [sic] to children will be deemed the most honorable of human employment. If it is a drudgery to teach these little ones, then it is the duty of men to bear a part of that burthen; if it is a privilege and an honor, then we generously invite them to share that honor and privilege with us.”
—Angelina Grimké (1805–1879)