11 Biggest Foundations in the World

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4. Howard Hughes Medical Institute

Country – USA

Endowment – around $18.2 billion

The name of Howard Hughes is no stranger to those with an interest in the world’s big personalities. On top of being a businessman, Hughes was also an investor, an aviator, an engineer specialized in the aerospace field, inventor, and philanthropist.

Founded in 1953, the Howard Hughes Medical Institute ranks 4th on our list of biggest foundations in the world. It is one of the largest organizations privately funded focusing on biological and medical research. In the beginning, the foundation sought to understand “the genesis of life itself,” as Hughes himself said. Across the years, the research it got involved in spread to genetics, immunology, and molecular biology.

11 Biggest Foundations in the World

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