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Howard Hughes Medical Institute

Coordinates: 38°59′55″N 77°4′47″W / 38.99861°N 77.07972°W / 38.99861; -77.07972
From Simple English Wikipedia, the free encyclopedia
Howard Hughes Medical Institute
Founded1953; 71 years ago (1953)
FounderHoward Hughes
FocusBiological and Medical research and Science Education
Coordinates38°59′55″N 77°4′47″W / 38.99861°N 77.07972°W / 38.99861; -77.07972
MethodLaboratories, Funding
Key people
  • Erin O’Shea (President)
Revenue (2017)
US$2.38 billion[1]
Expenses (2017)US$936.5 million[1]
EndowmentUS$22.6 billion[1]
2,200 (2020)[2]

The Howard Hughes Medical Institute (HHMI) is an American non-profit medical research organization based in Chevy Chase, Maryland.[3][4]

It was founded in 1953, by Howard Hughes.

Hughes was an American film director, businessman, investor, pilot, engineer,[5] and philanthropist. He was one of the most financially successful people in the world.

The Institute is one of the largest private funding organizations for biological and medical research in the United States. HHMI spends each year biomedical research of about $825 million.

The institute has an endowment of $22.6 billion, making it the second-wealthiest philanthropic organization in the United States and the second-best endowed medical research foundation in the world.[6] HHMI sold the Hughes Aircraft Company.

References[change | change source]

  1. 1.0 1.1 1.2 "Howard Hughes Medical Institute" (PDF). Howard Hughes Medical Institute. 17 November 2017. Retrieved 7 June 2018.
  2. "Fast Facts".
  3. "Chevy Chase CDP, Maryland Archived 2011-06-06 at the Wayback Machine." U.S. Census Bureau. Retrieved on March 12, 2010.
  4. "Contact." Howard Hughes Medical Institute. Retrieved on March 12, 2010.
  5. "Howard R. Hughes | Howard R. Hughes College of Engineering | University of Nevada, Las Vegas". www.unlv.edu. 20 July 2011. Retrieved 2020-04-10.
  6. Howard Hughes Medical Institute | 2013 Year in Review[permanent dead link]