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The Ramsay Memorial Fellowships Trust was constituted in 1920 for the purpose of administering the award of Ramsay Memorial Fellowships for Chemical Science. The Fellowships comprise a British Ramsay Fellowship and a number of overseas Fellowships.

The Ramsay Memorial Fellowships constitute a long standing scheme of international cooperation originated as a memorial to Sir William Ramsay, KCB, FRS, with a view to promoting the development of the science of chemistry by encouragement of individual ability at the highest level.

British Ramsay Fellowships are awarded annually by the Ramsay Memorial Fellowships Trust to distinguished chemists, so that they may conduct research at universities in the United Kingdom. Ramsay Fellows are typically mature research chemists who usually continue their work in the chemistry field after their Fellowships have ended. Many have become esteemed Professors of Chemistry; others have gone on to occupy responsible positions in industry and public service.

Within the overall scheme the British contribution to this elite group is drawn from people of the requisite standard from the British Commonwealth, who are nominated by an Advisory Council consisting of Professors of Chemistry at UK universities.

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