A child has her weight taken at the malaria vaccination ward at the Kilifi County referral hospital Outpatient Department in Kilifi, Kenya.

 Alex Kamweru/KEMRI

Licence: All Rights Reserved

A child has her weight taken at the malaria vaccination ward at the Kilifi County referral hospital Outpatient Department in Kilifi, Kenya.

Report summary

Wellcome Annual Report 2023

Find out how Wellcome performed in 2022/23, with commentaries from our Chair and Director, reports on what we did last year and reviews of our finances and investments.

What's inside

  • Reports and financial statements relating to our work in the year from 1 October 2022 to 30 September 2023.

Who this is for

  • Anyone who is interested in what impact Wellcome is having on our mission of supporting science to solve the urgent health challenges facing everyone, as well information about how we are funded and what we spent in the last financial year.


The first year in Wellcome's decade-long plan to spend £16 billion saw charitable spend increase.

  • In 2022/23, Wellcome spent £1.7 billion supporting ambitious discovery research into life, health and wellbeing, and actions taking on the urgent health challenges facing everyone – climate and health, mental health and infectious diseases.
  • Our major funding announcements in 2023 included the commitment of up to £126 million for a large-scale trial for what could be the first new tuberculosis vaccine in 100 years.
  • We also saw two major breakthroughs for child health globally – against malaria and mitochondrial disease – which were supported by Wellcome’s long-term commitment to Discovery Research.
  • Our senior appointments included Dr Jimmy Volmink in the newly formed role of Chief Equity, Diversity and Inclusion Officer.
  • Wellcome’s culture and approach is now also strengthened by a clearer articulation of our beliefs and values.

How much has Wellcome spent on charitable activities since 2017/18?

Chart visible

"We look ahead with great expectation at what will be achieved through the power of science to transform understanding of life, health, and wellbeing and address the urgent health challenges we face."

Julia Gillard



Connect with Julia:

Examples of our work in 2022/2023 

Research story
Research story

Predicting dengue in a changing climate

6-minute read

Learn more about E-DENGUE, a digital tool we're supporting that can help predict where potential dengue outbreaks might happen.

Research story
Research story

Dementia in Parkinson’s disease

7-minute read

Dr Rimona Weil explains how Wellcome's Career Development Award is supporting her to use advanced neuroimaging to better understand Parkinson's dementia.



Download previous annual reports 

Contact us 

If you have any questions, contact the media office on +44 (0)20 7611 8866 or email