Burroughs Wellcome Fund

The Burroughs Wellcome Fund is an independent private foundation dedicated to advancing the biomedical sciences by supporting research and other scientific and educational activities. Within this broad mission, BWF has two primary goals: To help scientists early in their careers develop as independent investigators To advance fields in the basic biomedical sciences that are undervalued or in need of particular encouragement BWF’s financial support is channeled primarily through competitive peer-reviewed award programs. BWF makes grants primarily to degree-granting institutions on behalf of individual researchers, who must be nominated by their institutions. To complement these competitive award programs, BWF also makes grants to nonprofit organizations conducting activities intended to improve the general environment for science. A Board of Directors comprising distinguished scientists and business leaders governs BWF. BWF was founded in 1955 as the corporate foundation of the pharmaceutical firm Burroughs Wellcome Co. In 1993, a generous gift from the Wellcome Trust in the United Kingdom, enabled BWF to become fully independent from the company, which was acquired by Glaxo in 1995. BWF has no affiliation with any corporation. HISTORY The Burroughs Wellcome Fund, founded in the United States in 1955, has roots in 19th-century England, where two young American pharmacists formed a partnership to establish an innovative pharmaceutical company. Silas Burroughs and Henry Wellcome, both of whom were educated in the United States and had represented U.S. drug companies in the United Kingdom, recognized that a revolution then taking place in the American pharmaceutical business offered great opportunity for expansion and success abroad. This revolution, which had originated in England but was finding its fullest expression in the United States, centered on the development of "compressed" medicines--pills--that could be mass-produced and packaged for wide and rapid distribution. Because they delivered standardized, reproducible dosages, these new tablet formulations were viewed as being safer and more effective than the common potions and powders of the day. The two men formed their partnership in London in 1880, and their enterprise--known as Burroughs Wellcome and Co.--prospered. After Silas Burroughs died in 1895, Henry Wellcome directed the growth of the company into an international network, with notable expansion in the first two decades of the 20th century. New subsidiaries were opened on several continents and in numerous countries, including the United States. As the business grew, Wellcome held firm to his strong belief that research was basic to the development of excellent pharmaceutical products--a belief he put into practice by establishing the industry’s first research laboratories. In 1924, Wellcome consolidated all of the company’s holdings, both in England and abroad, under a corporate umbrella that he named The Wellcome Foundation Ltd. The scope of the activities involved--including businesses, museums, libraries, and numerous research projects on several continents--is a measure of Henry Wellcome’s vision, energy, and contribution to international science. This was acknowledged by many honors, including a knighthood conferred on him in 1932 by King George V. When Sir Henry died in 1936, his will called for vesting all of the corporate shares in a new entity--the Wellcome Trust. The Trust’s charge was to devote all of its income to research in medicine and allied sciences and to the maintenance of research museums and libraries dedicated to these fields. Over the decades, the Trust has supported a vast array of biomedical research in the United Kingdom and other selected regions of the globe, and the Trust has grown to become the world’s largest charitable foundation devoted exclusively to the biomedical sciences. In 1955, Sir Henry Dale, one of the Trust’s original trustees and its chair for 21 years, and William N. Creasy, president and chair of Burroughs Wellcome Co.-USA, envisioned a U.S. extension of the Wellcome Trust--and so was born the Burroughs Wellcome Fund, which would be supported by the U.S. company. Both men saw BWF as a natural extension of Henry Wellcome’s will and its intent, as well as an acknowledgment of his native land and the great success of the American branch of the Wellcome enterprise. For nearly 40 years as a corporate foundation, BWF focused its modest financial resources in selected areas to advance scientific knowledge. In 1993, BWF received from the Wellcome Trust a $400 million gift that altered the Fund’s very nature. The gift enabled BWF to become a completely independent foundation, with no direct ties to its founding company. (Nor is BWF affiliated in any way with what has come to be GlaxoSmithKline.) BWF stands as an independent private foundation whose mission is to advance the medical sciences by supporting research and other scientific and educational activities. Aided by the Trust’s gift, BWF now pursues an enhanced role in biomedical research in the United States and has expanded its support to include Canada. The list of individuals on both sides of the Atlantic who participated in instilling the Wellcome legacy in the Burroughs Wellcome Fund is a long one. William Creasy remained at BWF’s helm for more than a decade, guiding development of the Fund’s mission and scientific activities. William Dowling, who had developed the legal structure of the Fund, served as its chair from 1971 until 1974. George Hitchings, Ph.D., a Nobel laureate who spent most of his career with Burroughs Wellcome Co., served as BWF’s president from 1974 until 1990, and his leadership strongly reinforced the Fund’s belief in the essential link between basic research and practical applications in medicine. And Howard Schaeffer, Ph.D., a pioneering chemist who chaired BWF from 1991 until 1994, played a significant role in helping the Wellcome Trust carry out its gift to the Fund. The importance of curiosity-driven research, as endorsed by Henry Wellcome in the early years of the century, continues to guide the Burroughs Wellcome Fund. BWF seeks to accomplish two primary goals through its programs: to help outstanding scientists early in their careers develop as independent investigators, and to advance fields in the basic medical sciences that are undervalued or in need of particular encouragement. In carrying out this work, BWF is governed by a Board of Directors composed of distinguished scientists and business leaders, and its competitive award programs are directed by advisory committees composed of leading researchers and educators. Thus, more than a century after two enterprising American pharmacists set in motion their pioneering partnership, the Burroughs Wellcome Fund remains committed to the belief that fostering research by the best and brightest scientists offers the fullest promise for improving human health today and in the new millennium.