Corporate Body

Clive and Vera Ramaciotti Foundation (1970 - )

From
1970
Sydney, New South Wales, Australia
Functions
Medical Research and Philanthropic trust
Alternative Names
  • Ramaciotti Australia Foundation (Also known as)

Summary

The Clive and Vera Ramaciotti Foundation was established in 1970 by Vera Ramaciotti, using the proceeds realised from the sale of the Theatre Royal and other properties in Sydney left to Clive and Vera in the will of their father. Intended to provide substantial support for biomedical research particularly in the fields of molecular biology, genetics and immunology, the Foundation operates with a Scientific Advisory Committee and is managed by Perpetual Trustees. The first grants were made in 1971. The Foundation is regarded as one of the largest private contributors to biomedical research in Australia.

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Details

Grants made by the Foundation include:
Health Investment Grant - grants of up to $100,000, awarded to individuals in universities, public hospitals or institutes for a contribution towards health or medical research with the potential path to clinical application within five years;
Biomedical Research Award - grants of $1 million, awarded every two years to a group or individual undertaking biomedical research within universities, public hospitals, medical research institutes or other similar organisations;
Medal for Excellence in Biomedical Research - an annual award of $50,000 to an individual who has made an outstanding discovery (or discoveries) in clinical or experimental biomedical research that has had an important impact on biomedical science, clinical science, or the way in which healthcare is delivered.

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See also

Helen Cohn

Created: 1 October 2024

EOAS ID: biogs/P007492b.htm

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