How we are funded

A large part of our work is funded by voluntary donations that augment funds we receive from a Grant-in-aid from the Department of Health and the Department for Business, Innovation & Skills and subscriptions from our Fellowship.

In 2015/16 the Academy received a total income of £8.11 million from the following sources:
 

Wellcome Trust

34%

Government          

24%

Trusts & foundations          

11%

Research councils              

7%

Medical charities   

6%

Academy Fellows          

4%

Trading activities*                

11%

Investment Income              

1%   

Industry**

1% 

 

* gross income generated from office rentals and room hire at 41 Portland Place

** Most of the Industry funding the Academy receives is from organisations that make an annual donation to The FORUM which is a major component of the Academy's work to deliver the strategic objective of 'linking academia, industry and the NHS

Click here to view our Annual report and full financial statements 2016-17.

The Academy relies on voluntary donations from various sources, including companies, charitable trusts and individuals, to carry out our work.  We are incredibly grateful for this support which enables us to carry out our work.

For information on supporting the Academy with a donation please click here.

 

Explore more about the Academy

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