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London, United Kingdom·Est. 1936

Wellcome Trust

Supporting science to solve urgent health challenges.

ResearchHealth

An independent global charitable foundation with a £37bn endowment, Wellcome funds curiosity-driven research and three flagship missions — mental health, infectious disease, and climate & health — alongside discovery research across the life sciences.

2023 revenue
$1.70B
Program ratio
92%
Founded
1936
Operating in
7+ countries

Where they work

Headquarters in London, United Kingdom. Operating across 7+ countries.

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History

A timeline since 1936.

  1. 1936
    Founded in London
  2. 2003
    Human Genome Project (Sanger Centre)

    Funded one-third of the public Human Genome Project through what is now the Wellcome Sanger Institute.

  3. 2017
    CEPI co-founding

    Co-founded the Coalition for Epidemic Preparedness Innovations, which later financed the Oxford / AstraZeneca, Moderna and Novavax COVID-19 vaccines.

  4. 2020
    COVID-19 Therapeutics Accelerator

    Co-launched with the Gates Foundation and Mastercard to fast-track drug discovery for COVID-19.

  5. 2021
    Mental Health science strategy

    Committed £200M+ over five years to anxiety, depression and psychosis research focused on young people.

Impact

Key outcomes reported by the organisation.

£37B
Endowment
As of 2023
£1.5B
Annual charitable spend
As of 2023

Funding

Annual revenue & program efficiency.

Estimated figures — not yet linked to an official registry.

YearRevenue (USD)Program ratioBar
2023$1.70B92%

Where the money goes

Rough estimate for 2023. Charities don't make profits — this shows how income is spent.

Programs & direct aid
92%
≈ $1.49B
Management & admin
4%
≈ $71M
Fundraising
4%
≈ $58M

About $85M of income was not spent that year — typically held in reserves or endowment for future work.

Program share reported by the organisation; admin/fundraising split is estimated. Total spending is estimated.

Registry references

Where this profile can be verified or synced.

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