Nonprofit World

Science  01 Jul 2005:
Vol. 309, Issue 5731, pp. 49
DOI: 10.1126/science.309.5731.49d

No small change. Portugal's wealthiest man has left behind a generous endowment aimed at making the country a magnet for biomedical research.

The $585 million Champalimaud Foundation was created last month with a single donation from businessman Antonio Champalimaud, who died last year at the age of 86. His will names former Portuguese health minister Leonor Beleza as president of the foundation, which will support excellence in all fields of biomedicine. “We intend to link pure scientific research with clinical research,” Beleza says.

The foundation, based outside Lisbon, will have a small staff to run a grants program. It will also award a $1 million biennial prize for vision research as a tribute to Champalimaud, who lost his eyesight late in life. Members of the preliminary advisory group include immunologist Antonio Coutinho, neuroscientist Antonio Damasio, former Irish president Mary Robinson, and former European Parliament President Simon Veil.

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