WELLCOME TRUST
Registered charity 210183 · accounts filings on the Charity Commission register · also known as WILL CHARITIES OF SIR HENRY S WELLCOME (THE MUSEUM AND LIBRARY CHARITY)
Wellcome exists to improve health by helping great ideas to thrive.We support researchers, we take on big health challenges, we campaign for better science, and we help everyone get involved with science and health research. We are a politically and financially independent foundation.
Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Arts/culture/heritage/science · Grant history (this charity is a funder) · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £35,719.5 million, providing a substantial buffer against investment volatility. The charity reported a total charitable expenditure of £1,916.4 million, funded by investment returns that generated a net gain of £3,239.8 million. The trustees confirmed adequate resources to continue operating for at least 12 months, with no material uncertainties identified.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Largest income source: Investment returns (100% of income)
“Dividend income, including any recoverable tax, is recognised from the ex-dividend date when it becomes receivable.” — page 169
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: John-Arne Røttingen, CEO, has an appointment at the Francis Crick Institute which was awarded grants in the year.
“John-Arne Røttingen, a member of key management personnel, has an appointment at the Francis Crick Institute which was awarded grants in the year.” — page 185
“Included in other charitable income for the Trust are Gift Aid donations received from subsidiary undertakings totalling £16.5 (2024: £126.2 million)” — page 179
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Gift Aid donations from subsidiary undertakings.
“John-Arne Røttingen, a member of key management personnel, has an appointment at the Francis Crick Institute which was awarded grants in the year.” — page 185
“Included in other charitable income for the Trust are Gift Aid donations received from subsidiary undertakings totalling £16.5 (2024: £126.2 million)” — page 179
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Deloitte LLP. Discloses 3 of 6 completeness components.
UK research funding (UKRI Gateway to Research)
Property (HM Land Registry)
107 registered titles in England and Wales held by the charity’s company or corporate body (72 freehold); recorded price paid £41.9m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Structured financials (annual return, FY ending 30/09/2025)
Cost of raising funds
£99.1m
Reserves (reported)
£35719.5m
Reported reserves equal ~209.0 months of spending — in the top quarter for charities its size (median 2.7 months; benchmarks).
Per its annual return, largest income source: Investments (91% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 16.8% of total income — above the median for charities its size (2.9%) (benchmarks).
- THE WELLCOME TRUST LIMITED
Trustee list from the Charity Commission register (current, not historical).
Operates in: Australia · Bangladesh · Botswana · Brazil · Burkina Faso · Cameroon · Canada · China · Colombia · Costa Rica · Cyprus · Denmark
Income and spending
Common questions
Is WELLCOME TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £35,719.5 million, providing a substantial buffer against investment volatility. The charity reported a total charitable expenditure of £1,916.4 million, funded by investment returns that generated a net gain of £3,239.8 million. The trustees confirmed adequate resources to continue operating for at least 12 months, with no material uncertainties identified. Its FY2025 accounts were audited by Deloitte LLP.
Who funds WELLCOME TRUST?
Funders whose own accounts filings name WELLCOME TRUST as a grant recipient include BRITISH ASSOCIATION FOR THE ADVANCEMENT OF SCIENCE.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with SOUTHWARK DIOCESAN WELCARE.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.