Wellcome is one of the largest philanthropic health funders in the world. During the 2024/2025 financial year, Wellcome reported charitable spending of £1.9 billion on projects and research aimed at solving health challenges worldwide — an increase from the previous year, when it spent £1.5 billion.
As of its latest report, Wellcome currently has 2,723 active grants with a total award value of £7.3 billion.
Wellcome’s charitable spending is broken down into eight different activities: