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Funding Biomedical Research Programs: Contributions of the Markey Trust
Research Support and Related Grants
Between 1985 and 1997, the Trust provided $6,976,232 to fund 56 miscellaneous grants to support smaller research projects and to encourage or facilitate basic medical research.
RESEARCH PROGRAM GRANTS
Research Programs Grants represented the largest component of the Markey Trust’s funding activities. During the 11-year interval from 1985 to 1995, 92 organizations were awarded a total of $316, 248,175. In fiscal years 1996 and 1997, the Trust made supplementary awards of $500,000 each to 18 grant recipients in recognition of outstanding progress by Markey-supported investigators. Consequently, awards in the Research Program Grants program totaled $325,248,175. They ranged in amount from a low of $500,000 to a high of $12, 613,000.
The Trust initially defined the purpose of Research Program Grants as follows:
Research Program Grants are made to institutions with a major commitment to the life sciences to assist in the establishment, reorganization, or expansion of significant biomedical research programs or centers. The grants usually involve funding for the recruitment of new faculty, pre-and postdoctoral support, completion or renovation of laboratory space, purchase of new equipment, and additional technical assistance (Lucille P. Markey Charitable Trust, 1988).
lar Biology; Washington University in St. Louis, Markey Professorship in Basic Biomedical or Basic Biological Sciences; and Yale University, Lucille P. Markey Professorship in Biomedical Sciences.