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:
“A noble person confers no such gift as his whole confidence: none so exalts the giver and the receiver; it produces the truest gratitude. Perhaps it is only essential to friendship that some vital trust should have been reposed by the one in the other. I feel addressed and probed even to the remotest parts of my being when one nobly shows, even in trivial things, an implicit faith in me.... A threat or a curse may be forgotten, but this mild trust translates me.”
—Henry David Thoreau (1817–1862)