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The Burroughs Wellcome Fund is an independent private foundation established to advance the medical sciences by supporting research and other scientific and educational activities. Its emphasis is on the career development of biomedical scientists and on advancing areas in the basic medical sciences that are underfunded or that have a shortage of qualified researchers. BWF, which is governed by a 12-member Board of Directors composed of distinguished scientists and business leaders, is not affiliated with any corporation.With its current endowment of more than $600 million, BWF makes approximately $30 million in grants annually. BWF channels its financial support primarily through competitive award programs, which are directed by advisory committees composed of leading scientists and educators. The majority of awards are made to degree-granting institutions on behalf of individual researchers, who must be nominated by their institution. Most award programs are open to U.S. and Canadian scientists and institutions
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