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Wellcome Trust

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2025

Annual Report and Financial Statements 2024/25

£1.916 billion in charitable expenditure in 2024/25, up from £1.6 billion the prior year
Key Metric 1
2,723 active grants across 1,443 organisations in 133 countries, with a total value of £7.3 billion
Key Metric 2
Investment portfolio delivered 10.2% total return, growing to £39.9 billion
Key Metric 3
£5.2 billion in charitable spending since 2022, towards a £16 billion ten-year target