Trustees' Annual Report and Financial Statements 2024

The Leverhulme Trust is one of the UK's largest independent research funders, established from the will of the First Viscount Leverhulme and endowed with a significant shareholding in Unilever. In 2024, the Trust invested approximately £100 million in curiosity-driven research across all academic disciplines through fellowships, project grants, research centres and prizes. Total income was £103.69 million and charitable expenditure £114.46 million, drawn from investment returns on an endowment worth several billion pounds.

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📋About

Research Project Grants; Early Career Fellowships; Research Fellowships; Research Centres; Philip Leverhulme Prizes; Visiting Professorships; Study Abroad Studentships; emeritus fellowships

📊Key Metrics

£103.69 million total income in 2024, entirely from investments Key Metric 1
Approximately 145 Early Career Fellowships awarded in 2024 Key Metric 2
£113 million in grants to institutions in 2024 Key Metric 3

Key Outcomes

  • ~£100 million invested annually in curiosity-driven 'blue skies' research across all academic disciplines
  • Grants support researchers at UK universities across all subjects with no preferred topics or immediate policy application required
  • Endowment established from the will of the First Viscount Leverhulme (d.1925) — over 100 years of independent research funding

📍Geography

UK-Wide

2024

Annual Review 2023-24

Over 50,000 members in more than 100 countries
Key Metric 1
56 peer-reviewed journals published covering core chemical sciences and related fields
Key Metric 2
Surplus from global publishing business reinvested to fund thousands of chemical scientists annually
Key Metric 3
Advances excellence in the chemical sciences for public benefit, connecting academia, industry and education internationally
2024

Impact Report 2024

20,000 women and girls reached across 23 countries in 2023/24
Key Metric 1
4,750 women and girls completed accredited training programmes in 2023/24
Key Metric 2
94% of donations go directly to charitable activities; over 200 volunteers support the work annually
Key Metric 3
Over 145,000 women and girls impacted across 25 countries since foundation in 2012
2024

Annual Report 2023/24

2.6 million people participated in British Science Week 2024
Key Metric 1
CREST Awards programme delivered to young people aged 3–19 across the UK, with 800,000–1 million participant interactions annually
Key Metric 2
UK Science Festival Network supported approximately 40 festivals reaching millions of participants
Key Metric 3
Transformed diversity and inclusivity of science engagement by reaching under-served and under-represented audiences