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:
“We have been educated to such a fine—or dull—point that we are incapable of enjoying something new, something different, until we are first told what it’s all about. We don’t trust our five senses; we rely on our critics and educators, all of whom are failures in the realm of creation. In short, the blind lead the blind. It’s the democratic way.”
—Henry Miller (1891–1980)