June 16, 2013
Foundation Places a $42-Million Bet on Cutting-Edge Scientific Research
Salk Institute for Biological Studies
In only four years of grant making, the Leona M. and Harry B. Helmsley Charitable Trust, with more than $4-billion in assets, has carved out a niche for itself as a major supporter of cutting-edge medical research.
Case in point: In March it announced a three-year, $42-million grant to the Salk Institute for Biological Studies—the largest grant ever received by the renowned independent research entity—to seek common genetic threads among major chronic diseases.
The Philanthropy 50