Banting Research Foundation Banting Research Foundation The Banting Research Foundation is a registered charity whose object is to fund health and biomedical research in Canada. It was established to support the ongoing research of Frederick Banting and his associates. The Banting Research Foundation was created in 1925 to commemorate the discovery of insulin and to support further medical research by Banting and other scientists in Canada, in the hopes of finding additional medical discoveries of equal importance. A fundraising campaign in 1925, led by Sir William Mulock, Chancellor of the University of Toronto, raised $500,000 from individual and corporate donors to establish an
Frederick Banting In 1923, the Canadian Parliament granted him a Life Annuity of $7,500. In 1928 Banting gave the Cameron Lecture in Edinburgh. He was a member of numerous medical academies and societies in Canada and abroad, including the British and American Physiological Societies, and the American Pharmacological Society. In 1934 he was knighted as a Knight Commander of the Order of the British Empire (KBE) and became an active Vice-President of the Diabetic Association (now Diabetes UK). In May, 1935 he was elected a Fellow of the Royal Society. In 2004, Banting was inducted into the National Inventors Hall of Fame.