Howard Hughes Medical Institute

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

Howard Hughes Medical Institute
HHMI-horizontal-signature-color
Founded1953 (1953)
FounderHoward Hughes
FocusBiological and Medical research and Science Education
Location
  • Chevy Chase, Maryland, U.S.
Coordinates38°59′55″N 77°4′47″W
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]
Employees
2,200 (2020)[2]
Websitehhmi.org

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
  1. "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
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