King's Fund Explained

Purpose:Public health think tank
Headquarters:London
Leader Title:Chief Executive
Leader Name:Sarah Woolnough
The King's Fund
Region Served:England

The King's Fund is an independent think tank, which is involved with work relating to the health system in England. It organises conferences[1] and other events.[2]

Since 1997, they have jointly funded a yearly award system with GlaxoSmithKline. They reward small to medium-sized health charities who are improving people's health.[3]

The Chief Executive is currently Sarah Woolnough, who was previously the Chief Executive of Asthma + Lung UK.[4] She took up the position in December 2023.

Before 1948 the body contributed significantly to London's voluntary hospitals.

History

Founded as the Prince of Wales's Hospital Fund for London in 1897,[5] the fund changed its name in 1902 to King Edward's Hospital Fund after the accession to the throne of King Edward VII.[6] In 1907, Parliament incorporated the fund as the King's Fund.

George Stephen, 1st Baron Mount Stephen worked closely with the future George V in building the charity's endowment fund. Lord Mount Stephen was the charity's most important benefactor, having made gifts to the amount of £1,315,000.[7]

The fund was originally set up to contribute to London's voluntary hospitals and did so, which it later started to inspect and expand. After the NHS was created in 1948, the fund became a think tank. In 1992 the influential King's Fund's Commission on London's Health Care identified high costs and lower throughput of central London hospitals and recommended reduction in acute services and parallel improvements in primary care.[8]

See also

Notes and References

  1. Web site: The King's Fund Leadership Conference . Department of Health, UK . 18 May 2011 . 4 July 2011.
  2. Web site: NHS Future Forum . The King's Fund, UK . 13 June 2011 . 4 July 2011 . dead . https://web.archive.org/web/20110710035342/http://www.kingsfund.tv/futureforum/index.htm . 10 July 2011 .
  3. Web site: 2014 GSK IMPACT Awards in partnership with The King's Fund. The King's Fund, UK . 2014 . 13 December 2013 .
  4. Web site: Sarah Woolnough . The King's Fund . en.
  5. "The Prince of Wales's Hospital Fund For London", The Times, 6 February 1897, p. 10
  6. Web site: About us: Our history . The King's Fund, UK . 13 December 2014.
  7. http://www.biographi.ca/009004-119.01-e.php?&id_nbr=8375 Lord Mount Stephen's entry in the Dictionary of Canadian Biography
  8. Medical advances : The future shape of acute services. The King's Fund Digital Archive. Barbara. Stocking.