The Wellcome Trust
Supporting research to transform life, health and wellbeing. We’re taking on three urgent health challenges: mental health, climate change & infectious disease. Wellcome supports science to solve the urgent health challenges facing everyone. We support discovery research into life, health and wellbeing, and we’re taking on three worldwide health challenges: mental health, climate change and infectious disease.
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The Wellcome Trust
The Wellcome Trust is a global charitable foundation dedicated to improving human and animal health through scientific research. Established in 1936, it is based in London, United Kingdom, and was founded according to the will of Sir Henry Wellcome, a prominent American-born British pharmaceutical magnate.
History
The foundation was created to administer Sir Henry Wellcome's fortune, derived from his pharmaceutical company, Burroughs Wellcome. Initially, the company focused on mass-producing and marketing remedies throughout the UK and British territories, establishing itself on scientific rigor. After Sir Henry Wellcome's death in 1936, his company became part of the newly formed Wellcome Trust, which used its profits to fund health-related research.
In the late 20th century, the Wellcome Trust divested itself of its pharmaceutical business. In 1986, it sold 25% of Wellcome plc stocks to the public, and by 1995, it had sold all remaining stock to Glaxo plc, forming GlaxoWellcome. This transaction led to financial independence for the trust, allowing it to grow its endowment significantly.
Mission
Today, the Wellcome Trust is one of the largest grant-giving charities in the world, focusing on supporting science to address urgent health challenges globally. It invests in a wide range of financial assets and uses the returns from its portfolio to fund research and initiatives. The trust's priorities include curiosity-driven research, mental health, climate change and health, and infectious diseases.
Programs and Initiatives
- Discovery Research: Supports basic scientific inquiry to advance human health and understanding.
- Mental Health: Focuses on addressing mental health challenges through research and public engagement.
- Climate and Health: Seeks to understand and mitigate the effects of climate change on human health.
- Infectious Diseases: Funds research and interventions to combat diseases like malaria and COVID-19.
The Wellcome Trust also supports public understanding of science through initiatives like the Wellcome Collection in London, which hosts exhibitions and events related to medical science and history.
Partnerships and Collaborations
The trust collaborates with policymakers, runs advocacy campaigns, and forms partnerships with other organizations to ensure that advances in health science benefit everyone worldwide. It participates in international initiatives, such as the Global Health Innovative Technology Fund, aimed at developing new technologies for diseases affecting the developing world.
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