The story
In 1999, the EASD increased its commitment to stimulate diabetes research in Europe by creating the European Foundation for the Study of Diabetes (EFSD). The foundation is closely related to the EASD; it is governed exclusively by the executive committee of the EASD, which itself is under the close supervision of the EASD General Assembly. EFSD operates on a strictly non-profit basis under the control of the relevant authorities for charity and taxation.
The EASD, as an academic non-profit association, benefits from the possibilities offered by the legal status of its Foundation to advance diabetes research by various methods. Since its inception, EFSD has committed an amount approaching Euro 100 million to diabetes research in Europe by various funding means. In the last five years, the foundation has become a significant European funding agency for diabetes research, and is continually striving to enhance awareness in Europe of the severity and magnitude of this devastating disease.
Most programmes offer funding for researchers working in Europe and associated countries, but some are open to scientists from all over the world. All applications are subject to peer review by a panel of leading experts in the field.
From Wikipedia’s article on European Association for the Study of Diabetes, shared under CC BY-SA 4.0.4