Cafodd y Gronfa Byw'n Annibynnol ei sefydlu yn 1988 fel Corff Cyhoeddus An-adrannol Gweithredol yr Adran Gwaith a Phensiynau. Mae'n darparu cymorth ariannol i bobl anabl ledled y DU sydd angen lefel uchel o gymorth er mwyn byw'n annibynnol. Caiff ei ariannu gan Lywodraeth y DU a'i weithredu gan y Gronfa Byw'n Annibynnol ei hun.
The ILF was set up in 1988 as an Executive Non-Departmental Public Body of the Department for Work and Pensions. It provides financial support to disabled people throughout the UK who require a high level of support to live independently. It is funded by the UK Government and operated by the ILF.