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:
“In order for an individual to partake of the world and contribute to it in a healthy way, he first needs to view that world as a basically kind, friendly, and supportive place. Such an outlook begins to be formed during infancy. It’s essential that the baby establish a fundamental trust in his environment. The infant needs to learn that the world is a nurturing place where his needs will be met.”
—Saf Lerman (20th century)