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Salk Institute awarded historic $42 million grant from the Helmsley Charitable Trust
Date:1/23/2013

LA JOLLA, CA----The Salk Institute for Biological Studies has received a $42 million gift-the largest in the Institute's history-to establish the Helmsley Center for Genomic Medicine (HCGM), a research center dedicated to decoding the common genetic factors underlying many complex chronic human diseases.

The award, from the Leona M. and Harry B. Helmsley Charitable Trust, will support interdisciplinary research that paves the way to new therapies for chronic illnesses such as cancer, diabetes and Alzheimer's disease.

"This remarkable gift reflects the strong partnership between Salk and the Helmsley Charitable Trust and their commitment that the Institute stay at the forefront of biomedical research," said William R. Brody, Salk president. "By working together, Salk and the Trust have successfully sculpted this unprecedented grant. It will provide vital funding to enable our scientists to pursue the kinds of transformative scientific discoveries and advancements that will have worldwide impact on people's health for generations to come. With its scale and unique focus on supporting vitally important basic scientific research, the Helmsley Charitable Trust stands among philanthropy's vanguard in promoting innovative cross-disciplinary initiatives such as this one."

John Codey, a trustee for the Helmsley Charitable Trust, said that the Trust decided to establish the center at Salk because of the Institute's long track record of ground-breaking discoveries and the growing need to address chronic diseases.

"Millions of people suffer from chronic illnesses, and these diseases are placing an unsustainable burden on our healthcare system," Codey says. "The Helmsley Center for Genomic Medicine will help to address this by serving as an incubator for tomorrow's clinical treatments and cures."

Broadly defined, genomic medicine is the science of using maps of human DNA-the genome-to understand how cells operate and generate
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Contact: Andy Hoang
ahoang@salk.edu
619-861-5811
Salk Institute
Source:Eurekalert  

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Salk Institute awarded historic $42 million grant from the Helmsley Charitable Trust
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