Where does Wellcome Trust get money from?
Where does Wellcome Trust get money from?
Wellcome is an independent foundation, which means all our work is funded from an investment portfolio that currently stands at £29.1 billion. An in-house team of investment professionals manage Wellcome’s portfolio.
How much does Wellcome Trust Fund?
The aim of the Trust is to “support science to solve the urgent health challenges facing everyone.” It had a financial endowment of £29.1 billion in 2020, making it the fourth wealthiest charitable foundation in the world….Wellcome Trust.
| Founded | 1936 |
|---|---|
| Employees | 2,057 |
| Website | www.wellcome.org |
How does Wellcome Trust work?
Wellcome is a politically and financially independent global charitable foundation, funded by a £29.1 billion investment portfolio. Our strategy includes grant funding, advocacy campaigns and partnerships to find solutions for today’s urgent health challenges.
Is Wellcome Trust private?
It was founded in 1936 by pharmaceutical tycoon Henry Wellcome with the ambition of funding scientific research to improve the health of humans and animals. The value of the trust’s private equity holdings has soared over the past three years, from £5.83 billion in 2016 to £7.13 billion last year.
Who set up the Wellcome Trust?
Henry Wellcome
Wellcome Trust/Founders
The Wellcome Trust was created in 1936 by the will of Sir Henry Wellcome. It is now governed by our Constitution, an updated version of Sir Henry Wellcome’s will. The Trust is a charity registered in England and Wales (registration number 210183).
What is the purpose of Wellcome Trust?
The Wellcome Trust exists to improve health for everyone, by helping great ideas to thrive. As one of the world’s largest charitable foundations, we are committed to taking on some of the biggest challenges facing the world today.
What does the Wellcome Trust research?
Our mission. We support discovery research into life, health and wellbeing, and we’re taking on three worldwide health challenges: mental health, infectious disease and climate and health.
Who is behind the Wellcome Trust?
Towards the end of the 20th century, the Wellcome Trust decided to sell the company, which is now part of GlaxoSmithKline and no longer has any ownership or governance relationship with Wellcome. We do work with GlaxoSmithKline, as we work with many other healthcare companies, when it helps us to achieve our mission.
How does Wellcome Trust fund research and development?
Patricia wants younger researchers to have better support than she had around challenges like setbacks with research and balancing career and parenthood. See our grant funding data, which provides information on the grants we’ve funded over the past year and funding trends for the past five years.
What do you need to know about Wellcome grant funding?
This funding supports Wellcome grantholders who want to use public insights to develop their research. Find out what we offer and how to apply. Bringing researchers and creative professionals together at Wellcome Collection to work as a collaborative residency.
How does Wellcome early career grant scheme work?
Wellcome Early-Career Awards This scheme provides funding for early-career researchers from any discipline who are ready to develop their research identity. Through innovative projects, they will deliver shifts in understanding that could improve human life, health and wellbeing.
When is last day to apply for Wellcome funding?
Most of our other schemes will close during 2021. Check the relevant scheme pages for further details about final application deadlines. Browse all our funding schemes or select a funding area below to discover opportunities to suit you: