Scientists and medical researchers in need of money more than welcome support from the Wellcome Trust. With an endowment of about �16.7 billion, it is one of the world's largest independent medical research charities, funding mainly biomedical research and the medical humanities. Recipients include British universities, projects in developing countries, and the Human Genome Project. The trust distributes in the UK and worldwide to support research to improve the health of animals and humans. In accordance with the will of Sir Henry Wellcome, the Wellcome Trust was established in 1936 from shares of The Wellcome Foundation, which eventually became GlaxoSmithKline (GSK).