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
Wednesday night's weather for the west of the region
Wednesday night's weather for the east of the region
Simon's Blog - Animal Magic