Lord Rothschild has chaired Yad Hanadiv (the Rothschild Foundation) since 1989. He chairs the family charitable trust that oversees the running of Waddesdon Manor, the house bequeathed to United Kingdom's National Trust by James de Rothschild in 1957. In Israel, he was awarded the Weizmann Award in the Sciences and Humanities on the occasion of the 50th anniversary of the State. In 2004 he received the Sir Winston Churchill Award from the British Technion Society. He is an Honorary Doctor of The Hebrew University of Jerusalem and was made Honorary Fellow of the City of Jerusalem and of The Israel Museum. In the United Kingdom, Lord Rothschild has served as Chairman of Trustees of the National Gallery and Chairman of the National Heritage Memorial Fund and the Heritage Lottery Fund. He is one of only 24 holders of the Order of Merit, awarded by Her Majesty the Queen for exceptionally meritorious service in the fields of the arts, learning, literature and science. In addition to his philanthropic activity, Lord Rothschild has had an active career in finance for several decades, first at NM Rothschild & Sons, then as Chairman of RIT Capital Partners plc.