More Love Foundation is a major founder of the Global Award for Omega-3 Research. It was registered in August 2012 and supervised under the Ministry of Civil Affairs of China. Its predecessor was the Shanghai More Love Foundation founded in 2008. It is a nonprofit charity organization contributing significantly in many areas including disadvantaged group support, education and research, cultural exchange, social development, health care, senior support, and environmental protection. The main activities include accepting donations from the community, carrying out charitable events, and endeavoring to build a harmonious, friendly, fair, civilized and progressive society.

Shanghai Prospect Group and Shanghai Noel­Beijian Health Management Ltd. also supported the founding of Global Award for Omega-­3 Research and donated the first fund.