The primary mission of The Lawrence Ellison Foundation (formerly The Ellison Medical Foundation) has been to support basic biomedical research, with a focus on understanding how humans and other organisms age, and on defining the fundamental biological mechanisms that prevent age-related diseases and disabilities. In particular, the Foundation has aimed to stimulate new, creative research approaches that might not be funded by traditional sources or that has been neglected by existing U.S. research funding programs.
The Foundation has fostered research by means of grants-in-aid on behalf of investigators to universities and laboratories within the United States. Institutions receiving awards must be tax-exempt 501(c)(3) organizations or U.S. colleges or universities. Eligible U.S. institutions may enter into consortium or subcontractual agreements with other non-profit organizations, either in the U.S. or elsewhere, as necessary to the scientific goals of the project.