The Trustees of the Jimmy Savile Stoke Mandeville Hospital Charitable Trust have released a statement on their website saying that "Jimmy's charitable trust will live on as he wished".
It's understood that the charity's funds are to be redistributed as it closes because of the association with the former BBC presenter.
More top news
Designer brand Hugo Boss faces a hefty fine for health and safety breaches after a boy was crushed to death by an 18-stone mirror
Badger culls have started in Dorset despite calls from the Queen guitarist and campaigner for them to stop while he seeks a judicial review
Friday morning's forecast for the east of the region