Charity overview WELLCOME TRUST
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Activities - how the charity spends its money
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.
Income and expenditure
Data for financial year ending 30 September 2023
Total income:
£541,832,808
Donations and legacies | £0 | |
Charitable activities | £30.95m | |
Other trading activities | £0 | |
Investments | £475.32m | |
Other | £35.56m |
Total expenditure:
£1,660,834,674
Raising funds | £94.10m | |
Charitable activities | £1.49bn | |
Other | £76.45m |
-£178,236,005 investments gains (losses)
Total income includes £20,666,557 from 1 government contract(s) and £1,065,665 from 24 government grant(s)
Charitable expenditure
Charitable expenditure with investment gains
Charitable expenditure
Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.
In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.
Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.
By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.
Income generation and governance | £170.55m | |
Charitable expenditure | £1.49bn |
People
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2314 Employee(s)
1 Trustee(s)
Employees with total benefits over £60,000
Number of employees | |
---|---|
£60k to £70k | 227 |
£70k to £80k | 141 |
£80k to £90k | 86 |
£90k to £100k | 60 |
£100k to £110k | 30 |
£110k to £120k | 21 |
£120k to £130k | 12 |
£130k to £140k | 15 |
£140k to £150k | 5 |
£150k to £200k | 33 |
£200k to £250k | 11 |
£250k to £300k | 9 |
£300k to £350k | 2 |
£350k to £400k | 3 |
£400k to £450k | 1 |
£450k to £500k | 1 |
Over £500k | 18 |
Fundraising
Trading
Trustee payments
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