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The Leverhulme Trust

Trustees' Annual Report and Financial Statements 2024

The Leverhulme Trust is one of the UK's largest independent research funders, established from the will of the First Viscount Leverhulme and endowed with a significant shareholding in Unilever. In 2024, the Trust invested approximately £100 million in curiosity-driven research across all academic disciplines through fellowships, project grants, research centres and prizes. Total income was £103.69 million and charitable expenditure £114.46 million, drawn from investment returns on an endowment worth several billion pounds.

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About

Research Project Grants; Early Career Fellowships; Research Fellowships; Research Centres; Philip Leverhulme Prizes; Visiting Professorships; Study Abroad Studentships; emeritus fellowships

Key Metrics

Key Metric 1 £103.69 million total income in 2024, entirely from investments
Key Metric 2 Approximately 145 Early Career Fellowships awarded in 2024
Key Metric 3 £113 million in grants to institutions in 2024

Key Outcomes

  • ~£100 million invested annually in curiosity-driven 'blue skies' research across all academic disciplines
  • Grants support researchers at UK universities across all subjects with no preferred topics or immediate policy application required
  • Endowment established from the will of the First Viscount Leverhulme (d.1925) — over 100 years of independent research funding

Geography

UK-Wide

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