Ellison Medical Foundation

Source: Wikipedia, the free encyclopedia.
Ellison Medical Foundation
Formation1997
Founded atBethesda, Maryland
TypePrivate
PurposeMedical research
Websiteellisonfoundation.org

The Ellison Medical Foundation, a

age-related diseases and disabilities. Its major philanthropic support came from Oracle CEO Larry Ellison. As of 2007, the Foundation owned 1.3 million shares of Oracle Corporation
.

The foundation is classified as

NTEE
T99—Other Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.

Since 1998 the Ellison Medical Foundation has spent hundreds of millions of dollars funding fundamental research on the

biology of ageing. $40 million per year was given to 25 Senior Scholars and 25 New Scholars. The Senior Scholars received $1 million each and the New Scholars received $400,000 each for 4 years of research.[citation needed
]

In late summer/early fall 2013 the Ellison Medical Foundation announced that it "will no longer be accepting new applications for New and Senior Scholar awards in Aging, Neuroscience, or other biomedical research topics. All currently funded awards will continue ... but no new applications or letters of intent will be accepted for these or other grant programs."[1][2]

References

  1. ^ Hastings, Terry (September 12, 2013). "Ellison Medical Foundation Discontinues Funding Programs". University of Georgia. Retrieved 24 September 2013.
  2. ^ "Ellison Medical Foundation New Scholar Program in Aging". Research Management Group. Stanford University School of Medicine. Archived from the original on 2013-12-03. Retrieved 2013-11-27.

External links