The King's Fund is an independent think tank, which is involved with work relating to the health system in England.
[2] Since 1997, they have jointly funded a yearly award system with GlaxoSmithKline.
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.
[6] 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.