What is HHMI?
The Howard Hughes Medical Institute is a nonprofit medical research organization that was established in 1953 by the aviator-industrialist. The Institute, headquartered in Chevy Chase, Maryland, is one of the largest philanthropies in the world, with an endowment of $14 billion at the close of the 2009 fiscal year. HHMI spent $730 million in support of biomedical research and $101 million for support of a variety of grants programs in fiscal year 2009.