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The Wolfson Foundation is a charity that awards grants to support excellence in the fields of science and medicine, health, education and the arts & humanities.
The endowment of the Wolfson Foundation is currently some £725 million, with an annual allocation of approximately £35 million. By 2010 over £600 million had been awarded in grants (in excess of £1 billion in real terms), with over 8,000 projects funded.
The Foundation makes awards following a rigorous review process[according to whom?] involving expert reviewers and advisory panels. Grants are generally given for capital infrastructure (new build, refurbishment and equipment) supporting excellence in the fields of science and medicine, health, education and the arts & humanities.
The Foundation was established by and named after Sir Isaac Wolfson, Chairman of Great Universal Stores (GUS). His wife and his son Lord Wolfson, were the other Founder Trustees. The current Chairman is the Hon Mrs Janet Wolfson de Botton and the Chief Executive is Paul Ramsbottom.
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