Since 1983, the Life Sciences Research Foundation (LSRF) has funded nearly 500 outstanding postdoctoral fellows in all areas of the life sciences, and raised more than $50 million from generous industries, foundations and individuals to support this effort.
They believe that discoveries and application of innovations in biology for the public's good depends upon the training and support of the highest quality young scientists. Every year they selection committee of renowned scientists
identify the top 5% of applicants from an international pool of more than 1000 postdoctoral applicants. Once chosen, the LSRF collaborates with current and potential sponsors to match them with fellows with similar research interests. In 2015, thirty of these remarkable young scientists were matched with sponsors to support their research. Yet even now many excellent scientists remain unfunded.
In the late 1970s, biologists were founding and leading companies whose goal was to apply modern biological research technology to the solution of important problems in society. While academic and commercial branches of chemistry and engineering had a long history of collaboration, this had not been true of the biological sciences. In 1981 the founder of LSRF, Don Brown, sought to establish similar collaborations in biology, focusing on training the next generation of exceptional biologists. While for-profit enterprises of the life sciences were solicited as major sponsors for postdoctoral fellowships in the early years, sponsorship has evolved with the help of they distinguished advisory board
to include small and large not-for-profit foundations, and private individuals
Because all scientists (Board, Peer Review Committee, LSRF Officers) serve LSRF without compensation, administrative costs to sponsors are less than 4%.