The Foundation is an independent non profit organization registered with the Registrar of Non Profit Organizations in Israel with an affiliation to the Ministry of Health. The Foundation is a research authority designed to enable the conduct of research activities in health and medical matters. The Foundation conducts research activities funded by government institutions and other institutions that fund research activities Annual turnover in recent years was approximately 17 NIS million per year million 5.3 $). The foundation s institutions include a board of directors and a general assembly that includes senior representatives from the current and former health systems in Israel. The fund charges overhead up to 15%of each research budget. Revenues from the overhead constitute one source of funding for the administrative expenses of the Foundation s headquarters and a source of funding for the encouragement of research activity by Ministry of Health employees