The Wellcome Trust
The Wellcome Trust is a private foundation. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $57.9B in total assets. Net investment income was $109.6M.
The Wellcome Trust at a glance
- Total assets
- $57,932,370,800
- +6.8% vs 2024
- Revenue (2025)
- $2,242,553,322
- +135.8% vs 2024
- Net investment income (2025)
- $109,639,590
- +7.8% vs 2024
- Expenses (2025)
- $2,556,858,998
- +13.4% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to The Wellcome Trust
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1 open opportunity from The Wellcome Trust
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Net Investment Income |
|---|---|---|---|---|
| 2025 | $57,932,370,800 | $2,242,553,322 | $2,556,858,998 | $109,639,590 |
| 2024 | $54,230,100,300 | $951,213,135 | $2,254,497,015 | $101,694,535 |
| 2023 | $48,755,490,420 | $2,308,899,492 | $1,817,137,377 | $112,774,655 |
| 2022 | $46,023,974,400 | $3,003,952,053 | $2,118,392,809 | $85,354,213 |
| 2021 | $57,322,641,440 | $10,031,245,407 | $1,689,494,962 | $84,816,754 |
Leadership & Key People
Officers and directors from IRS filings
The Wellcome Trust is led by Professor Julia Gillard, Chair since 2022 (on filings since 2021); all 10 officers listed in 2025 are compensated.
Officers on the 2025 filing
Professor Julia Gillard
Chair
Chairman → Chair, 2022
On filings since 2021
21 hrs/week
$123K (2021) → $249K (2025)
Arup Chakraborty
Director
On filings since 2021
7 hrs/week
$40K (2021) → $70K (2025)
As Sy
Director
On filings since 2021
7 hrs/week
$97K (2021) → $93K (2025)
Cilla Snowball
Director
On filings since 2021
7 hrs/week
$97K (2021) → $93K (2025)
Fiona Powrie
Director & Deputy Chair
Director → Director & Deputy Chair, 2022
On filings since 2021
7 hrs/week
$97K (2021) → $140K (2025)
Gabriel Leung
Director
On filings since 2021
7 hrs/week
$40K (2021) → $93K (2025)
Richard Gillingwater
Director
On filings since 2021
7 hrs/week
$97K (2021) → $93K (2025)
Ijeoma Uchegbu
Director
On filings since 2022
7 hrs/week
$80K (2022) → $93K (2025)
Diana Noble
Director
On filings since 2024
7 hrs/week
$82K (2024) → $93K (2025)
Stephen Lovegrove
Director
On filings since 2024
7 hrs/week
$82K (2024) → $93K (2025)
Former officers (5)
- Former: Amelia Fawcett (2021–2023) — Director
- Former: Professor Michael Ferguson (2021–2022) — Deputy Chair
- Former: Baroness Eliza Manningham-Buller (2021) — Chairman
- Former: Professor Bryan Grenfell (2021) — Director
- Former: Professor Tobias Bonhoeffer (2021) — Director
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $249K, to Professor Julia Gillard (Chair). 10 officers or directors reported compensation on that filing.
Frequently asked questions about The Wellcome Trust
How large is The Wellcome Trust?
The Wellcome Trust reported $57.9B in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $2.2B.
What is The Wellcome Trust's EIN?
The Wellcome Trust's EIN (Employer Identification Number) is 98-6038021. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 5, 2026)
- IRS filings on file for fiscal years 2021–2024
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Wellcome Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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