Charity Registration no. 1156077 Company Registration no.. 08927040 THE WOLFSON FOUNOATION ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 THE WOLFSON FOUNDATION ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CONTENTS Trustees, Report Admi nistralive Details Structure, Governance and Management Objectives and Activities Achievements and Performance Principal Risks and Uncerlainlies Fi nancial Review Plans for the Future Trustees, Responsibilities Independent Auditors, Report 12 Statement of Financial Activities 16 Summary Income and Expenditure Account Balance Sheet Cash Flow Stalement Notes to the Financial Statements 20 THE WOLFSON FOUNDATION TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 ADMINISTRATIVE DETAILS Triislee DireGlors (aipd Mei??l)ers) Dame Janel Wolfson de Bolton DBE (Chairman) Hon Mrs Laura Wolfson Townsley C. Allegra Berman Sir Leszek Borysiewicz FRS FRCP Fmedsci FLSW lappoinled 1 JLine 20231 Sir David Cannadine FBA FSA FRSL Daine Hermioiie Lee GBE FRSL FBA Rebecca Marks Sir Michael Pepper FRS FREng Sir Peter Ralcliffe MD FRCP FRS Danie Jean Thomas DBE Fmedsci FRS Lord Turnberg MD FRCP Charles Wolfson Townsley CFA Direclorale Paul Ramsbotlom OBE MA Mst- Chief Executive land Company Secretary) Relereiice ai?d adi7711JlStralivG detc?ils Registered office. 8 Queen Anne Street London, W1G 9LD Registered charity No. 1156077 Company Registration No.. 08927040 Profossi01181 Sewices Baiikors Barclays Bank plc Charities Team Level 27, 1 Churchill Place London E14 5HP Solicilors Payne Hicks Beach 10 New Square Lincoln's Inn London WC2A 3QG Aiidilois UHY Hacker Young LLP Qiiadrant House 4 Thomas More Square London E1W 1YW PIiiicipc?I Iiivp,8liFiei?l Mai)cicJors Cazenove Capital 1 London Wall Place, London Wall. London EC2Y JfAU Wel)sile www,wolfson.or .uk @wolfsonfdn Li17kedli) The Wolfson Foundation THE WOLFSON FOUNDATION TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 The financial slalemenls have been prepared in accordance with the accounting policies sel out in the notes lo the accounts and comply with the charity s governing document. the Charities Act 2011. the Companies Act 2006 and Accoiiiili17g aipd Reyortii?g l)y Cl?aiilies. Slaleii7eiFI of Recoii?iiieiided Pr8clice. Accoui?lii?g c?iid Repoitiiig ljy Cl?ciiilies i)IOP(?rii)g 11?eir c?CCQ(iiits lip accorclai?ce wi117 1110 Fii?c?IIClc11 Repoitii?g Slai?dard applicaljlc i1711?e UK Ll1?d Repiil)lic of Irolciiid (FRS 102) (effoclivo l Jai?Iiary 2015) STRUCTURE, GOVERNANCE AND MANAGEMENT The charity is a company limited by guarantee registered in England and Wales (company nLimber 089270401 The Iruslees who served dLiring the year, and who are also the Directors for the PLirpose of company law. are delailed on page 2. The charitable company was established through MemorandLim and Articles dated 6 March 2014. The assets of the previous charitable trust, established by a Trust Deed dated 1 JLily 195J. were transferred lo the new company which also took over the existing aclivilies and functions of the now reduiidanl charitable trust Iregislered charity 2064951. At the end of the year. the board of trustees comprised seven academic Irustees. drawn froni the fields of the arts and humanities, medicine and science, four family Iruslees. and one trustee with specific financial expertise. During the year the appointment of a new Iruslee was made.. Sir Leszek Borysiewicz. Sir Leszek is a distinguished medical researcher whose previous roles include chair of Cancer Research U K, vice-chancellor of the University of Cambridge and chief executive of the Medical Research Council. Appointments lo the board are made by the Iruslees, and the Nominations and Governance Committee advises on the diversity, balance and composition of the board as well as Individual appointments. The Committee also advises on the composition and remit of expert panelslcommitlees and any related governance mallers, The board of trustees meets twice each year. The board decides Inallers of strategy and overall policy determines the priorilies and allocalioiis lor grant programmes. sets k)udgels and aulhorises graiil awards. It is served by a number of panels and coiiimillees. which make recommendations on grant- making, audit & risk management and investment policies. Panels comprise specialists in parlicular fields, as well as trustees The induction process for newly-appoinled Iruslees and panel members comprises meetings with the chief executive and board members, and covers governance, investment and granl-niaking policies las well as the opportunity to allend training sessions organised by the Association of Charitable Foundations and similar organisalionsl. DocLimenlation provided foi new Iruslees inclLides copies of the governing documents. relevant minules. a liislory of the FoLindalion and recent annual reports and accounts. A full list of members of the committees and expert panels is available on the FoLindalion's website www.wolfson.or .uklabouV anel-commitlee-membershi Risk assessment The trustees have reviewed the major strategic. operational. repulatioiial and financial risks wliich Impact on the work of the Foundation and. on professional advice. noted that systems have been established lo mitigate the exposure lo Iheni. The IrLlStees regularly review this matter and lake action required arisiiig froni the assessment and reconimendalions of the Risk & Audit Committee THE VVOLFSON FOUNDATION TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Iruslees consider the two main area5 of risk for the Foundation to be as follows. 11111?ves1177ei?I risk. The trustees. supported by a dedicated Investment Committee which meets regularly. take a long-lerm approach lo their investmenl strategy and aim lo deliver the investment objectiv8 Wlthin an acceptable level of risk The committee has recently been bolstered by the recrLiilmenl of additional members. 121 Tl?o rei)iilcl1ioiicl1 iisk ol i7iaki17g L?Wc?rcls Io iiPcippropri8le recipiei?Is. The trustees are advised in their decision-making by dedicated panels of experts, by independent peer reviewers and by a professional team of staff {including detailed financial appraisalsl, In addition, visits are niade by staff and trustees to projects Grants are paid in arrears on receipt of evidence of appropriate expenditure A framework for monitoring and evaluation has been established. Conflicts of interests Under the Foundation's formal conflict of interest policy, a IrLislee liolding an active post with an applicant organisalion lakes no part in the decision on whether lo make an award. Similarly, commilteelpanel members with a conflict of interest take no parl in making recommendations relating lo organisalions in which they lor relatives or business partners) have an involvement. A register of interests is maintained by the Foundation's office. OBJECTIVES AND ACTIVITIES FOR THE PUBLIC BENEFIT The key objective of the Foundation Is lo contribute lo the health, resilience and variety of our society Ihrough support for research and edlication. The Foundalioii works in the fields of science, health. heritage, humanities and the arts. The Iriislees have complied with section 17 (Jl of Ilie 2011 Charities Act. having due regard for the Charily Conimission's guidance on public benefit wher) reviewing the Foundation s aims and objectives. when forinulating slralegy and in making awards. One indication of the breadth of PLiblic benefit generated by the Foundation is the list of projects siipported (see note 161 I n a wider sense, public benefit considerations also inform our fraiiiework foi iiioiFiluiiiiJ( c?IicI evaliialioi? (see below>. Our founders recognised that the creation ai)d sliaring of knowledge are the buildi n9 blocks of a healthy society This principle continues lo iiiform and underpin Wolfson s activities and we Ilierefore have a strong and renewed focus on education and research. The Wolfson Foundation's Slr Goiiig concern The trustees consider that as the finances are based on a long.lerm endowment there are no material uncerlainlies about the Foundation's ability to continue as a going concern. Icl Investment income All income is recognised once the charity has enlillement lo the income. it is probable that the incoine will be received aiid the amount of income receivable can be measLired reliably. Id} Resources expended Expenditure is included on an accrLials basis. Grant awards and other liabilities are recognised as expenditure as soon as there Is a legal or conslruclive obl igalion commilling the Found81ion lo that expenditure. il is probable that selllemenl will be required and the amount of the obligalion can be measured reliably le> Allocation of maiiagement and administration expenses Management and administration expenses are allocated first between charitable activity and governance. Support costs are apportioned eveiily amongst the folir grant making categories. The allocatioii of management and adminislralion expenses are analysed in iiotes ) and 6. If) Governaiice costs Governance costs comprise als costs Involving the public accounlabilily of the charitable company and ils coirpliance wilh regulation and good praclice. These costs primarily inclLide costs related lo stalulory audit. accountaiicy and legal fees, Ig} Foreign exchange Monetary assets aiid liabilities denominated in foreign currencies are translated into slerli ng al Ilie rates of exchange ruling at the balance sheet dale. Transactions in foreign CLirrencies are recorded al the rale ruling at the dale of the transaction All differences are reflected in the expendable endowment fund. 21 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Ihl Investment assets Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured al their fair value as al the balance sheet dale using the closing quoted market price where available. Where this is not available. for example with private eqLiily Inveslmenls. Industry- standard valuation methods are applied. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year. Cash and 'cash-like' securities with high liquidity are managed as part of a portfolio of inveslnienl assets and are included as current assets. The balances recog nised in fixed asset investments and current asset investments have been reclassified for the year ended 31 March 2023 to be in accordance with the classification method required by Charity SORP paragraph 10.71. Please see Note 10 for details. Gains and losses on investments Realised gains and losses on investiiienls are calcu lated as the difference between sale proceeds and opening market value lor the purchase date cost if acquired during the yearl Unrealised gains aiid losges on investments are calculated as the difference between the closing mid-markel value al the year end and opening mid-market value (or purchase date cost if acquired during the yearl. Realised and unrealised gains and losses on investments are not separated in the slalement of financial activities and are recognised in the slalemenl of financial activities as they arise, Ul Leasehold land and buildings The Wolfson Foundation offices have been refurbished. The expenditure has been capilalised in these accounts as a tangible fixed asset Its value is subject lo depreciation on a straighl-line basis over a Liseful economic life of 10 years Imalching the period ol the FoLindation's current lease of the property) with the second such charge recognised for the year ended 31 March 2024 as set out below Analysis of opening and closing carrying amounts in respect of Tangible Fixed Assets.. Tota I 2024 £'ooo Total 2023 £'ooo Leasehold Land and Buil(Jings Opening cost Additions during the year 305 273 32 Closing cost 305 305 Accumulated Depreciation Opening depreciation Charge in the year 1301 1311 130) Closing depreciation 161) 1301 Opening nel book value 275 273 Closing net book value 244 275 22 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Key sources of estimatioi) uncertainty and significant judgements made in applying the accounting policies The preparation of the financial statements requires the application of certain estimates and judgements. The material areas of either estimation or judgement are sel out below. Estimates and judgements are continually evaluated and are based on S)islorical experience and other factors, Including expectations of futLire events that are believed lo be reasonable under the circumstances Each of these areas are considered by the Risk and Audit Committee based on information prepared by the Finance team. Ui?qiioted ii)vesline171s Investments in unqLlOted investments are valued at the best eslimate of fair value. For these inveslinenls fair value is eslimaled using a range of methodologies including price of recent Inveslnienl and PLiblic comparables. Maintain ing the Foundatioi) for the longer term In order lo achieve a proper balance between the interests of current and fLlture beneficiaries. the IrLislees have determined that they are aimin9 to preserve the value of the expendable eiidowmenl fund broadly in real terms, and that Investment returns in excess of the amoLinl required lo preserve the real valLie of the fu nd may be expended in furtherance of the FoLindalion's objectives. The nel value of the fund is the residLial sum, dependent upon the amoLints and liming of both Income and expenditure. 2020 2021 2022 2023 2024 CPI al tl)e Foundation's year end 113.5 114.6 121.7 137.5 2020 £'ooo 2021 £'ooo 2022 £'ooo 2023 £'ooo 2024 £'ooo Actual expendable endowment fLind Target expendable endowment flind Decreasellincreasel in fund in rea1 terms relative lo March 2019 688,947 740,609 875,038 748.111 927,537 794,484 881,849 948,057 864,726 897,460 151,6621 126,927 133,053 17.123 50.597 23 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Investment income Total 2024 £'ooo Total 2023 £'ooo Dividends Interest Interest Dividends Interest Distribution UK companies. unil trusts and OEICS UK securities, uiiit trusts and OEICS UK cash deposits Foreig n secu rit￿e$, unit trusts and OEICS Foreign secu rilies. unit Irusls, OEIC S and Eurobonds Oxford University Endowment Management Limited 2,059 2.348 1.592 899 5,652 1.268 13.467 4,800 1.427 13,833 25.762 23.454 4.1 Investment performance In selling the objectives against which Ihe performance of the investment managers Is Ineasured. the Trustees are primarily concerned willi the lolal return on inveslmenls. namely the suni of investment income Inole 1 Icl above) and gains and losses ori inveslinents Iiiole 1 lil above) Although these consliluenl elements are required lo be shown separately in the slaleiiienl of financial aclivilies. no importance allaches lo how iii uch of the total return is represented by inveslmeiil i iicome and how much is represented by gains or losses on investments. and the investment managers are not sel separate largels for these amounts This approach is termed a total return approach. A summary of investment performance over the last five years is sel oul below. 4.2 Changes in the investment portfolio 2020 £'ooo 2020 .2024 £'ooo 2021 £'ooo 2022 £'ooo 2023 £'ooo 2024 £'ooo Opening value of investments A 831.407 772.180 950.342 1.010,385 965 366 831.407 Inveglmenl inconie Investment gainslllossesl Investment management lees 18.798 148.0491 205,917 11.5521 11,6501 20.386 72.6Jro 11,7691 23.454 25,762 109.571 127.4881 87 1 Jf2 290.182 12.0691 12,1881 19.2281 Total rellirn Aniounls withdrawn from porlfolio Inole lill 128.4301 223,065 91.267 16.1031 110.726 390.525 130.7971 144.9031 131,?241 138,9161 141.5791 1187.4191 Closing value ol inveslnienls 772,180 950,342 1.010.385 96fJ.366 1.034.Jf13 1.034,513 lil These amounts are on a "cash basis being the monies withdrawn from the investinenl portfolio in the period in order to pay grants and disburse other expenditLire. 24 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 4.3 Investment returns compared to the Foundation's objective 2020- 2024 average 2020 2021 2022 2023 2024 Actual relLirn % {BIAI 13.42°101 28.890/0 9.98°/, 10.60'/DI 11.47% Target return % (CPI + 40/01 10,20/9 12.84°/0 7.79°/0 8.27'10 RetLirn in excess of I Ibelowl 18.920/01 23.88 % 10.22 /01 113.44°10) 2020 £'ooo 2021 £'ooo 2022 £'ooo 2023 £'ooo 2024 £'ooo Total £'ooo Actual relLirn £'OOO Target return £'OOO IC x Al B 128.4301 223,06J 4Jf.689 38.709 91,267 16.1031 110.726 390.J2J 96,923 129,746 7Jf.1 J8 386,22J Return in excess ofllbelowl largel £'OOO 174,119) 184,3Jr (J.6 Jf61 1135.8491 35.568 4,300 Grant making activities Grai)ts Allocated awarded expenses Total Inetl (Note 61 2024 £'ooo £'ooo £'ooo Total 2023 £'ooo Science Arts and humanities Education Health 22.703 6,835 8,Jf23 400 23.103 400 7,235 400 8.923 399 5.228 19.501 10.490 5,611 42.890 1,599 44,489 39.555 The total management and administration expenses are apportioned evenly amongst tlie four grant making aclivilies. Significanl aspects of the grant activity during the year are described on pages 7 to 8 of the Trustees report. 25 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 5.1 Charitable expend iture The Trustees aim lo distribute al least 40/0 of the fund, including administrative costs, on an annual basis. The value used to calculate the normal target distribution is the average of the last five years investment Portfolio value, 2020 - 2024 £'ooo 2020 £'ooo 2021 £'ooo 2022 £'ooo 2023 £'ooo 2024 £'ooo Actual charitable expenditure lil Target charitable expenditure 44,410 32,302 36,974 31,998 38,768 33,639 44.489 204,196 36,237 169,141 Expenditure in excess ofllbelowl larget 12,108 4,978 5,129 4.580 8,252 lil These amounts are on an accruals basis" meaning Ihal g rants are included in the year of award, as described in note 1 Idl. Management and administratioii expenses Graiit Governai)ce makiiig Costs activities £'ooo £'ooo Total 2024 (Notc 51 £'ooo Total 2023 £'ooo Consultancy costs Auditors, reinuneralion 112 aLidil services other services 34 42 34 42 32 47 23 790 Legal fees Slafl costs Rent and service chai'ges Qlher expenses 862 862 281 285 338 91 1,508 The governance costs comprise costs of running the Foundation and planning for fLlture deve1opnients. includi ng audit and legal advice lor the Trustees and costs of complying with conslilutional and slalulory requirements, such as Trustees meetings and the preparalioii of accouiils and satisfying PLiblic accounlabilily. The costs relating to grant Iraking activity represent costs incLirred in assessing applicalioiis, administration of the g rants awarded and posl-granl moniloriiig No staff costs are allocated lo governance costs as the amount of related activity is imiiialerial compared lo the grant making activity 26 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Trustees, remuneratioii No fees are paid to Iruslees for their services as Board Members As allowed by the Memorandum and Articles, consultancy fees of £37,50012023. £3fJ,0001 were paid lo academic trustees in conneclioii with the work they undertook in advising on applications lo the Foundation. f Jf,000 each was paid lo S ir David Cannadine, Dame Hermione Lee, Sir Michael Pepper, Sir Peter Ratcliffe, Dame Jean Thonias. Lord Turnberg and Allegra Berman, £2.500 was paid to Sir Lezsek Borysiecwicz Triislees who are family members did not receive any remuneration. Expenses amounting in total lo £6,64512023.' £17,063) were paid in respect of all 1212023.. 111 IrLlStees for trustee indemnity insurance and SLindry costs. Staff costs The Foundation employs 12 full-lime and part-time staff. Tlie average number of full-lime equivalent staff in the year approximates lo 1212023. 111 2024 £'ooo 2023 £'ooo Salaries Social security costs Peiision & other benefit costs 704 79 79 651 76 63 862 790 One employee received emoluments between £130.000 and £140.000. Two employees received emoluments between £80,000 and P90.000. One employee received emoluments between £60,000 and £70.000. The total employment benefits. including employer pension contributions of the key management personnel. were £330,89812023'. £307,813) Thi5 total does not include consultancy fees paid to Iruslees (please see note 7 above). 27 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Grants awarded for future payment Grants awarded by the Trustees for future payment al 31 March 2024 lolal f88.421,664 12023.. £85,400.0651 as follows.. Graiits Graiits Grants At Awarded Relinquished Paid At 31 March duriiig the during the durii)g the 31 March 2023 year year year 2024 £'ooo £'ooo £'ooo £'ooo £'ooo Science 46,552 24,753 12,0501 114,8591 54.396 Arts and humanities 25,195 6.862 1261 114,7701 17,261 Education 7.945 8.563 1411 16,3361 10.131 Health 5,708 5.022 (1931 13.9031 6,634 85.400 12,3101 139.8681 88.422 Due wilhiii one year Inole 121 Due after more than one year Inole 131 46,282 39,118 43,619 44,803 85,400 88.422 A SLinimary of grants awarded during the year is set out in note 16. 10. Investments Market Value Purchase 2023 Costs Restated £'ooo Market Value 2024 Sale Proceeds Net Gains £'ooo £'ooo £'ooo £'ooo Fixed asset investments Listed Investments Cash & Cash Equivalents 463.863 7,021 385.492 1313.6011 65.061 600.815 7,808 Other Investments Private Equity Funds Oxford Endowment Fund 104,432 322.657 26,703 185 17,3241 1100.1861 9.211 133,022 11.688 234,344 897.973 975.989 Current asset investments Listed Inveslmenls Cash and Cash Equivalents 22.583 44.810 14.454 122.3251 196) 14,616 43,908 Total investment assets 965.366 426.834 1443,4361 85.864 1.034,513 28 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 10. Investments (Continued) The historical cost ofthese investments as of 31 March 2024 was £855.397.73512023. £849.910,2871 The balances recognised in fixed asset invesln)enls and CLirrenl asset investments have been reclassified for the year ended 31 March 2023 to be in accordance with the classification method reqLli red by Charity SORP para9raph 10.71. Debtors 2024 £'ooo 2023 £'ooo Accrued income Sundry debtors 1,889 1.650 1,892 1,656 12. Creditors: amounts falling due within one year 2024 £'ooo 2023 £'ooo Grants payable {nole 91 Accrued investment management fees Accrued expenses of adminislralion Sundry creditors 43,619 355 43 46.282 334 30 44.023 46,652 13. Creditors: amounts falling due after one year 2024 £'ooo 2023 £'ooo Grants payable {nole 9) 44.803 39.118 14. Reconciliation of net incomellexpenditurel to net cash f low from operating activities 2024 £'ooo 2023 £'ooo Nel incoming I loulgoingl resources Asset depreciation charge Nel Igainsl I losses on investments Investment income Increase In debtors Increase in creditors 66,208 31 185.8651 125,7621 12361 145,688) 30 23,845 123,4541 723 Nel cash outflow via operating aclivilies 142.568) 144, Jf 591 29 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 15. Joint administration The charitabSe company has joint administration with the Wolfson Family Charitable Trust. registered charity number 228382, at 8 Queen Anne Street. London W1G gLD, 16. Grants awarded during the period Science and Medicine Science and Medicinelscientific Research University of St Andrews Green Hydrogen Accelerator Barts Charity. London EC1A Clinical Research Facility al the Royal London Hospital supporting clinical trials in a range of diseases Durham University Centre for Crop Improvement Technology The Institute of Cancer Research. London SWT Corrective Light and Electron Microscopy ICLEMI and Cryo-Eleclron Tomography ICryo-ETI equipment London School of Hygiene & Tropical Medicine. London WC1 E Redevelopment and expansion of infectious disease laboratories North umbria U niversity Equipment for materials characlerisalion suite Lancaster University Centre for Photosynlhelic Diversily University of Liverpi301 Nano-Alomic Force Microscopy-lnfrared IAFM-IRI platform for research in advanced materials and surfaces 2.000.000 1.000,000 1,000.000 1.000,000 1,000.000 1,000,000 965.000 800,000 Roya l Holloway University of London New MRI scanner at the Combined Universities Brain Imaging Ceiitre la shared facilily also Lised by Ilie Uiiiversilies of Brunel. Roehamploii and Surrey) University of Oxford Relocation of T6 Stalker wind tunnel at the Oxford Thermoflliids Institute 750.000 690.000 Keele University New insectary lo support researcli Iiilo transmission and prevention ol human. plant and livestock diseases Swansea University Equipment for Advanced Semiconductor Wafer Analytical Capability IASemi-WACI 623,000 500.000 U niversily of Surrey Centre of Excellence for Analytical Scieiice 500.000 30 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. Grants awarded during the period {¢ontinued) Manchester Metropolitan U niversily Functional Near Infrared Spectroscopy IfN IRS) instrument within biomedical imaging laboratory IACTIVEI University of Bristol Suite of digital equipment for research in virtLial and imniersive environments Imyworld Programmel University of Brighton Experimental chambers in the Environmental Extremes Laboratory 400.000 400.000 325,000 12,953,000 Israeli U niversities Awards for equipment lo support research in structural characlerisalion of materials were iiiade lo the following universities,, 8ar-Ilan University, Ramal Gan (J'oint grant wilh the Wolfson Family Charitable Trust lolalling £445,000) The Hebrew University of Jerusaleni Ooint grant with the Wolfson Fainily Charitable Trust lolalling £445.0001 Tel Aviv University O'oint grant with the Wolfson Family Charitable Trust totalling f 44Jr.0001 Weizmann Inslilule of Science, Rehovol Qoinl grant with the Wolfson Family Charitable Trust lotalling £445,000) Technion Israel Institute of Technology, Haifa oint graiil with the Wolfson Family Cliarilable Trust lolalling £370.0001 Ben-Gurion University, Beer Sheva (J'oint g rant with the Wolfson Family Charitable Trust tolalling £350.0001 267.000 267.000 267,000 267.000 222,000 210.000 1,500,000 Wolfson Research Initiative Du ring the year trustees agreed a research initiative in the area of developmental and regenerative biology Wolfson Research Initiative 10,000.000 Exceptional Awards Council for At-Risk Academics. London SE1 CARA Fellowships Programme 300.000 Total Science and Mediciiie (Total number of grants.. 241 24,753,000 31 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. Grants awarded during the period Icontinuedl Education Public Engagement with Science Horniman Museum and Gardens. London SE23 Refurbishment of the Natural History Gallery and new outdoor learning spaces Mansfield and Sullon Astronomical Society. Sutlon-in-Ashfield, Nottinghamshire New planetarium and visitor centre 816.000 300,000 1,116,000 Wolfson Intercalated Awards Prograinme These awards are administered by the Royal College of Physicians and support selected medical students to lake a year out of Iheii. niedical training for an additional researcli-based degree. Awards were made lo.. University College London King's College London University of Manchester Barts and the London, Queen Mary, University of London University of Birmingham Cardiff U niversity University of Glasgow University of Leicester University of Sheffield University of Leeds U niversity of Aberdeen U niversity of Dundee University of East Anglia U niversily of Liverpool Newcastle University U niversity of St Andrews Universily of Southampton Brighton and Sussex Medical School University of Exeter Keele University 20.000 20.000 20,000 1 Jr.000 15.000 1 Jr.000 15.000 15.000 1 Jr,000 13,160 10.000 10.000 10.000 10.000 10,000 10.000 10,000 5.000 5.000 5.OOD 248,160 Less unspent balance from a previous financial year Total Intercalated Awards 120,0001 228,160 32 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. Grants awarded during the period Icontinuedl Arts and Humanities (Educational Institutions) Courtauld Institute of Art, London WC2R Renovation and redevelopment of teaching and research facilities Royal Academy of Arts, London W1J Refurbishment and restoration of RA Schools, buildings al Burlington House 850.000 600.000 University of the Arts London New London College of Fashion canipus, Queen Elizabelh Olympic Park, East London 600,000 Hertford College, Oxford Library redevelopment 250.000 2,300,000 Wolfson Postgraduate Scholarships iii the Humanities This programme supports poslgradliale research in the broad areas of languages. literature and history Three scholarships each for three years of doctoral study (to commence in 20241251 have been awarded lo the following universities. Where maternity leave payments have been made, these relate lo students supported under previous years of the programme U niversity of Birmingham (includes additional maternity leave payment) Universily of Exeter University College London U niversily of Nollingham University of Oxford University of York University of Soulhamplon laddilional maternity payment) 327,644 315.000 315.000 315.000 315,000 315,000 12.644 1,915,288 Secondary Education STEM Manchester Academy Refurbishinenl of four science laboratories 125,000 Hilbre High School Humanities College. Wesl Kirby. Merseyside Refurbishment of two science laboratories 119.fJOO Bishop Vesey s Grammar School. SLillon Coldfield. Birmingham Conversion of two classroonis to create computer scieiice suites 115.000 33 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. Grants awarded during the period Icontinued} Ysgol David Hughes, Menai Bridge. Anglesey Refu rbishment and equ ipmenl for two food and nutrition classrooms Upper Batley High School. Wesl Yorkshire Refurbishment of food room and office to create new food technology studio Harris Academy Merton, Greater London Refurbishment of two science classrooms to create laboratories 115.000 111.700 100,000 Hereford Sixth Form College Refurbishment of two niultl-Lise classrooms lo create environmental science laboratory Horizon Community College. Barnsley, South Yorkshire Refurbishment of six STEM classrooms lo create science laboratories 100,000 100.000 Tlie Link Academy, Dudley, West Midlands Refurbishment and equipment for three science laboratories and two design technology rooms Trinity Academy Cathedral, Wakefield. Wesl Yorksliire Refurbishment of prep room to create science laboralory TrLiro and Penwilh College. Cornw811 Refurbishment of three science classrooms al Truro College Ysgol Friars. 83ngor, Gwynedd Refurbishinent of two physics laboratories Oldfield Schoo1. Bath, Somersel Fit out of science, food technology and product design rooms in new specialist teaching block Hazel Grove High School. Stockport, Greater Manchester Refurbishment of five science laboratories 100.000 100,000 100.000 100.000 98.700 98,500 Becket Keys Church of England School. Brenlwood, Essex RefLirbishmenl of Iwo science classrooms lo create laboratories 97.400 Ysgol Uwchradd Caergybi, Anglesey Refurbishnienl of physics laboratory Kesleven and Sleaford Hig h School. Lincolnshire Conversion of classroom and offices into science laboratory M ulberry School for Girls, London E1 Refurbislimenl of two biology greeiihouses and equipment for science laboratories 91.000 79.300 69.700 The Queen Katherine School. Kendal. Cumbria Refu rbishment of science laboratory lo create specialist chemistry laboratory Langley Grammar School, SIoLigh. Berksliii e Refurbishnient of graphics classroom lo create design lechiiology engineering and physics workshop 65.200 50.000 34 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. Grants awarded during the period {continuedl Sir John Lawes School, Harpenden, Hertfordshire Refurbishment of science laboratory St Benedicl's College, Randalstown, County Anlrim Equipment for design and technology department Anthony Gell Schwl, Wirksworth, Derbyshire Refurbishmenl of science laboratory 49,900 49,700 Brynleg School. Bridgend Refurbishment and equipment for science. engineering arid technology rooms Castell Alun High School, Hope. Flintsliire iPads and robotics equipment for science and technology The Blue Coal School. Oldham, Greater Manchester Refurb Ishmenl of a general classroom lo create a media studies room 49.300 49,200 46.000 Claremont High School, Harrow. Greater London Refurbishment ol science laboratory 4Jr,000 Dr Challoner's High School, Amersham. Buckinghamshire Specialist computing and robotics equipimenl for robotics workshop King Ecgbert School, Sheffield Specialist equipment for design and technology Bangor Academy and Sixth Form College, Colinly Down Equipment for two computer classrooms St Ronan's College, Lurgan, County Armagh Digital microscopes for science laboratory Poole Grammar School, Dorsel Refurbishment of physics laboratory to create m ulli-science laboratory 42.100 36.300 34.400 31.000 30,000 Creative Arts Saint John Wall Catholic School. Birmingliam Refurbishment of school hall lo create performing arts space 115,000 Djanogly City Academy, Nottingham Refu rbishment of assembly aiid storage rooms to create creative and performing arts space in sixth foriii centre S ullon Comniunily Academy. Siitlon-in-Ashfield. Nollinghamshire RefLirbishmenl of two design technology classrooms lo create art and photography studios Bruntcliffe Academy. Morley Leeds Refurbishment of three niusic classroonis and practice rooms 100.000 86.200 71.300 Bradley Stoke Community School Gloucestershire New computers for media and Inusic departments THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. Grants awarded during the period Icontinuedl Larkhall Academy, South Lanarkshire Equipment for art, design and technology St Cecilia's College, Derry Digital equipment for music department The Blackpool Sixth Form College. Lancashire Digital technology for visual and creative arts 49.200 36.700 35,600 2,992,900 Exceptional Awards Association of Charitable Foundations Annual contribiilion 11,000 Total Education (Total number of grants: 751 8,563,348 Herita e Humanities and the Arts Historic Buildings and Landscapes Salisbury Cathedral, Wiltsh ire Repair and conservation of the North Cloisters Wells Cathedral. Somerset Restoration and inlerprelation of Vicar's Close 3Jro.000 250.000 Sheff ield Music Academy Restoration of Canada House to create a music education and performance venue (Harmony Works) Worcester Cathedral Resloralion and interpretation of College Yard The Folkeslone Leas Lift Company CIO. Ashford, Kent Restoration and inlerprelatioii of the Leas Lift, Folkestone The Haining Charitable Trust, Selkirk. Scottish Borders Exleriial fabric repairs lo the Haining House Abbolsford. Melrose. Scottish Borders Interpretation of pavilion glasshouse. furnace house and kitchen garden wal Is Ely Cathedral, Cambridgeshire Digital inlerprelalion devices West Horsley Place Trust, Surrey Resloralion of the Geraldine and Red Drawing Rooms 200,000 200.000 150,000 80.000 56,000 52.600 50.700 Glastonbury Abbey. Somerset Resloralion and interpretation 50,000 36 THE WOLFSON FOUNOATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. Grants awarded during the period Icontinuedl John O. Groats Mill Trust, Cailhness Resloralion and inlerprelalion of John O, Groats Mill Ross-on-wye Town Council, Herefordshire Restoration and inlerprelalion of the Market House Kinloss Abbey Trust, Forres. Moray Conservation of the Abbot's House 50.000 50,000 38,300 St Andrews Preservation Trust, Fife Resloralion and interpretation of St Andrews Heritage Museum and Gardens 25,000 1,602.600 Literature, Libraries and Archives Shakespeare's Globe, London SE1 Creation of new research and collections facilities 250.000 The Arvon Foundation. Hebden Bridge, Wesl Yorkshire Redevelopmeiil of residential writers, ceiilre, Lumb Bank. Wesl Yorkshire 130,000 The Africa Cenlre. London SE1 New exliibilion space for the Cenlre's archive 100.000 480,000 Museums and Galleries Tate. London SW1 P Redevelopment of Tate Liverpool Victoria and Albert Museum. London SVWI Fil out of new V&A East StorehoLise, Queen Elizabeth Olympic Park. East London 1.250.000 850.000 Dulwich PiclLire Gallery. London SE21 Refurbishment of gallery grouiids and creation of new learning faci5ilies 350.000 Tullie House Museum and Arl Gal lery. Car5isle, Cumbria New learning, education and gallery spaces Modern Art Oxford New gallery and learning spaces Wrexham County BoroLigh Council Redevelopment of museum Including creation of new national football museum 350.000 250.000 150.000 National Paralympic Heritage Trust, Aylesbu ry. Buckinghamshire Virtual museum 125.000 37 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. Grants awarded during the period (continued) Imperial War Museums. London SE1 New art, film and photography permanent galleries at IWM London 100,000 3,425,000 Music and Performing Arts Royal Opera House, London WC2E Broadcast Sound Mix Room refurbishment and desk replacement 150,000 Horsecross Arts Ltd. Perth Lighting refu rbishmenl at Perth Concert Hall The Lowry Centre Trust, Salford. Greater Manchester Sealing replacement in the Lyric. Quays and studio performance spaces 100,000 100,000 Wise Children, Bristol Refurbishment of Portway Melhodisl Chlirch lo create a new rehearsal and training facility in Frome, Somersel 98,000 448,000 Partnership Programmes During the year, the following partnership programmes were renewed.. The Thealres Trust. London WC2H Renewal of joint programme lo fund theatre repairs {over three years. 2024-20261 The National Archives, Richmond. Greater London Renewal of national archives grant scheme Archives Revealed.. in partnership with Pilgrim Trust and the National Arch ives lover three years. 2024-20261 525,000 300.000 Exceptional Awards U niversity College London Event costs for a symposium on linguistics and the legacy of Lord (Randolphl Quirk, former trustee of the Vvolfson Foundalion 5.500 Wolfson History Prize The Wolfsoii History Prize is awarded annually to proniole and recognise outstanding history wrillen for a geiieral audience. The prize was awarded in 2023 to.. Halik Kochanski for Resistaiicc T17c LJ17dergrotii?d War 117 E(iiopo, 7 939-1945 (Allen Lane) 50.000 38 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. Grants awarded during the period Icontinued} The shorllisled authors for the prize were. Hakim Adi for Africai? rl1?d Caril)l)Qc?Ip Peoi)le iii 8ritaiip.' A 14isloiy (Allen Lane) James Belich for Tl?e World11?e Plagiie Made.. Tlle 81ack Der?11? ai?d tl?e Rise of Eiirope (Princeton University Pressl Hen rietta Ha rrison for Tlie Peiil.f of liplciprolii?g' Tl7e Exlic?oidiiFcliy Lives ol Two Tia17slalois lJelwee17 Qii?g Cliiiiil aiid Ilio Britisl? Ei??piie (Princetoi) University Press) Oskar Jensen for VagalJoiFcls.' Life oil Ilie Slreets of Niipeleeiill?-Coiiliiiy Loiidoii (Duckworth Books) Emma Smith for Poitable Magic,. A Hislory of Boolfs ai?cl117eir Rec?ders (Allen Lane) 5.000 5.000 5,000 5,000 75,000 Total Heritage, Huinanities and the Arts ITotal nuinber of grants.. 381 6,861,100 Health and Disabilit Disability, Mental Health and Older People Samaritans. Ewell, Surrey Upgrade of national helpline infraslruclLire supporting people in distress roo,000 Christian Action & Resource E nlerprise Illa CARE), Grimsby. Lincolnshire Mental health support rooms in new coimmunily hub Compass Advocacy Network Limited, Ballymoney, County Anlrim Social enterprise building and woodcrafl shed al Lislagan Farm for people with learning disabilities Royal Hospital for Neuro-disabilily London SW15 Expansion of Leonora Ward lo provide specialist long-lemi venlilatioii a nd complex respi ralory care 100,000 100.000 100.000 Seainab Care and Education. Rumbling Bridge, Perth and Kinross ConstrLlCtion of a new school for children with social. emotional and behavioural difficu Ities 100,000 Jamie's Farm, Box, Willshire Redevelopment of Lower Sliockerwick Farir to provide mental health support to VLilnerab1e children and young people Core Arts. London E9 PLI rpose built canal boat operating as an educational facility for young adults with mental health needs Grove Collage (Bishop's Slortford Mencapl. Hertfordshire Redevelopnienl of premises supporting people willi learning disabilitses 90,000 75.000 75.000 39 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. Grants awarded during the period Icontinuedl Hands of Hope. Peasmarsh, East Siissex Development of Hope Farm Commlinily Garden lo deliver health and wellbeing activities in Hawkshursl, Kent The Laurie Brewis Trust, Carlisle. C umbria I ndependent living training, testing and leaching facility for individuals with disabilities and their carers 75,000 75,000 Open Door Charity, Birkenhead, Merseyside Fil out of new building to provide mental health SUPPOfl to young people Ryedale Special Families, Mallon, North Yorkshire Trai ning and education centre in hub supporting children and young adults with disabilities 75,000 75.000 St Rose's Special School. Stroud. Gloucestershire Refurbishment and extension of college buildings SLipporling post-19 students with disabilities Ilhe St Martin's Connect proiecll 75.000 Walworlh Garden, London SE17 Creation of an Eiivironmenlal Learning Centre providing horticu Itural therapy for adults with mental health iieeds YMCA Lincolnshire Creation of self-contained supported accommodation Isheridan House} for homeless adults with mental health needs Northern Ireland Rape Crisis Association Illa Nexus Nll. Belfast Upgrade of healing system, windows and external doors al premises providing menlal health support lo victims of sexual abuse Lanarkshire Association for Mental Health New kitchen at community café Iii Wishaw offering training opportLinilies lo people with mental heallh needs Sense Scotland. Glasgow Refurbishment of TouchBase Glasgow supporling individLials with complex learning and seiisory disabilities START in Salford. Greater Manchester Replacement of windows i n building (Brunswick House) providing mental health services 75,000 7Jr.000 72.000 70,000 70,000 67.000 Cyrenians, Edinburgh RefLirbishmenl of workshop space and kitclien at Cyrenians Farm supporting young adults with iiieiital health needs in Kirknewlon, Wesl Lolhian 60.000 Homeless Action Resource Project Iva HARPI. Soulhend-on-sea Refurbishment of supported accoinmodation Icrowslone Manor) for rough sleepers with complex mental health needs The Little Sisters of the Poor. Glasgow Upgrade of pagef and call system al Sl Joseph's Care Home provid ing nursing and residential care lo older people 60,000 60.000 40 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. Grants awarded during the period Icontinuedl Mind in Somerset Refurbishment to crèate supported accoiiimodation units in Yeovil for homeless adults with mental health needs 60.000 The Outlook Foundation, Brighton Redevelopment of care home lo create self-contained flats and supported living for adu Ils with learni ng disabilities Parklea Branching Out, Port Glasgow, Inverclyde Development of community hLib and gardens lo provide IherapeLIIIc gardening and training lo adults with learning disabilities Perth and Kinross Society for the Blind Itla VisionPKI Refurbishment of new premises to provide support lo individuals with sight or hearing loss St Albans Community Association, Snielliwick. Wesl Midlands Extension and renovation of community centre setvin9 older people Terrence Higgins Trust. London WC1X Fil OLII of new cenlre in Glasgow (Tlic Scotland Hub) providing Inental health support lo people affected by HIV Trust Links. Weslcliff.on-Sea, Essex Therapeutic commuiiity garden and building for adults with Inenlal health needs and learning disabililies Ilhe GLinny Project) Open Trail. Kidderminsler, Worcestershire Outdoor commun ity centre offering training and SLSpporl to adults with mental health needs 60,000 60.000 60,000 80.000 60.000 60.000 56.000 The Abbeyfield Belfast Society Limited New garden and summerhouse al Bell Rotary House providing nursing and care to older people Greysleel Community Associalioi), Derry Renovalion of community ceiilre providing SLipport to older people Age UK. London EC3N IT eqLI ipment for Digital Champion programme supporting older people across En9land and Wales at risk of digital excllision Amethyst Academies Trllst, Wolverh8mplon, West Midlands Creation of a training kitchen al Sedgwick College lo enable students with special educational needs and disabilities lo praclise life skills Dame Hannah Rogers Trust 2019 Limited (Ua Dame Hannahs). Ivybridge. Devon Refurbishment of adapted accommodation for young adults with complex disabilities 54.800 53.000 50,000 50.000 The Hut York Refurbishment of main building Ilhe Hull serviiig people with complex mental he311h needs and learning difficulties Options in Life. Sl Andrews, Fife Training kitchen in new education and training centre for young adulls with learning disabilities aiid additional support needs 50.000 50,000 41 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. Grants awarded during the period Icontinuedl Sl Luke's Oxford Itla Sl Luke's Hospital) Refurbishment of bedrooms al care home providing specialisl nursing care Thornage Hall Independenl Living, Holl, Norfolk New denienlia friendly supported accon)modalion (Orcliard Lodge) for adults with learning disabilities The Treloar Trust, Alton. Hampshire Fil out of new supported living accommodation (Rivermead Gardens) for young adults with disabilities and complex needs Olive Academies, Hornchurch. Greater London Construction ski1 Is facility for pupils excluded or al risk of exclusior) from mainstream education al Nene Valley Academy in Wisbecli. Cambridgeshire Wighlwick Hall School. Wolverhampton. Wesl Midlands Refurbishnient lo create an iiidependeiil living skills space lo support students with special needs lo practise life skills Walford Sheltered Workshop. Herlfordshire Inslallalion of a mezzanine floor lo expand workshop space providing employment and skills training lo adults wilh disabilities Mikeysline. Inverness Purchase and refurbishment of vehicl@ lo eslablisli a Inobile Inenlal health service supporting reniole conimun ilies in the North ol Scotland 50.000 50,000 50,000 49.800 48,200 47.500 47,100 Evergreen School, Wamick P u rchase of minibus lo support pupils with special needs to access work experience opporllinities and develop independent living skills Positive Futures, Bangor. Counly Down Refurbishment of residential services and purchase of IT equipment lo support young people with complex needs in Coleraine and Greater 8elfasl 47.000 41.000 Warwickshire College Itla WCGI. Leamiiiglon Spa Renovation of room lo create new Preparation for Ad ullhood Facility al Rugby College for studeiils witli special educational needs Remark! Community, London EC1N Instal lalion of a wheelchair accessible lift al premises providing suppori to people with hearing loss ALltism East Midlands, Creswell, Derbyshire Refiirbishmenl lo create an independeiil living training facility lo support individuals with autism in Beeston. Notlinghamsliire The Society for Horticultural Therapy Illa Tlirivel. Reading Development of therapeutic garden in Batlersea Park. Loiidon, parlicuSarly for people with denienlia Ashinglon Veterans and Elders I nslitLile. Norihumberland Extension of community Genlre providiiig support lo older people 39,900 34.700 30.700 27.000 22.500 42 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. Grants awarded during the period Icontinuedl Cycling Without Age Scotland SCIO. Larbert, Slirlingshire Purchase of Irishaws and cycle storage at William Simpsons care home for people with mental health iieeds iii Plean, Slirling 19.900 3,563,100 Hospices and Palliative Care Martin House Children's Hospice, Wetherby. Wesl Yorkshire Refu rbishment and extension of hospice 500,000 St David's Hospice, LlandLidno. Conwy Refurbishment of day cenlre, inpatient social spaces and therapy roonis Overgale Hospice, Halifax, Wesl Yorkshire Construction of a new inpatient unil and redevelopment of day hospice facilities St Richard's Hospice, Worcester Refurbishment of inpatient unil St Mary's Hospice, Ulverston, Cumbria New patient entrance and reconfiguration of reception area Keech Hospice Care, Luton Reconfiguration and refurbishinenl of hydrotherapy pool changing rooms Salisbury Hospice Charity Refurbishment of Pelei Gilliam Support Centre providing outpalienl care St Michael's Hospice (North Hampsliirel. Basingsloke Refurbishment of patient rooms 150,000 125.000 1?5.000 100,000 90,000 80,000 75,000 Halton Haven Hospice, Runcorn. Cheshire Upgrade of link corridor and LED lighting The Hospice Charity Partnership Iva Birmingham Hospice) Redevelopment of inpatient li nil al the Erdinglon site lo i ncrease availability of sin9le ensuite rooms Hospiscare, Exeter Redevelopment of entrance to inpalienl unit The Myton Hospices, Warwick Inslallatioii of solar panels and LE D lighting in Covenlry Mylon Hospice 50,000 50,000 1,454,000 Exceptional award The Felix Project, London EC1Y Unrestricted funding 5.000 43 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. Grants awarded during the period Icontinuedl Total Health and Disability (Total number of grants.. 65 items) 5,022,100 Totsl grants awarded (Total nLimber of grants. 202) Grants relinquished d uring the period Total grants awarded Inetl 45,199,548 2,309,999 42,889,549 Coi)tinuin Pro rammes In addition lo the awards above, a further 95 awards lolalling £3.902.295 were made in programme areas where overal I funds had been allocated in a previoLlS financial year land hence the individLial awards below did not involve addilional allocations of funds). Awards are noted in the year that they were ratified by Iruslees of the Vvolfson FoLindalion Royal Society Wolfson Fellowship Awards121 awards) This programme is jointly funded with the Department for Science, Innovation & Technology. in partnership with the Royal Society. The programme has two elemenls111 the Royal Society Wolfsoii Fellowship enables UK universities and nol-for-profit research IiislilLilions lo I"ecrLiII leading International researchers lo their organisalion via live-year fLinding, l?) Ilie Royal Society Wolfsoii Visiting Fellowship enables leading international researchers aiid their host orgaiiisations lo develop ongoi ng collaborative research l inks, share ideas and practice over a 1-2 year liineframe. Awards were made lo the following academics, Royal Society Wolfson Fellowships Professor Peter Clifl. U niversity Col lege London Professor Pierre Germain, Imperia5 College London Professor Lorenzo Pareschi, Heriol-wall Universily Dr Richard Scheltema, University of Liverpool Dr Varsha Singh. University of Dundee Royal Society Wolfson Visiting Fellowships Professor Anjan Barman. Cardiff University Professor Tobias Baskin. University of Birmingham Professor Niko Beerenwinkel. University of Cambridge Professor Matthew Colless, U niversity of Oxford Professor Doiiglas Cowen. University of Sussex Professor Naveen Garg, University of Watwick Professor Nir Gov, University of Cambridge 44 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. Grants awarded during the period Icontinuedl Dr Chrysoula Gubili, University of Salford Professor Felipe Herrera, University of Exeter Professor Erin Johnson, University of Cambridge Professor Kurt Konhauser, University of Manchester Professor Oleg Melnik, University of Oxford Professor Richard Morimoto, U niversity of Cambridge Professor Julio Navarro, Durham University Professor Peter Skands, University of Oxford Professor Osvaldo Ulloa, Plymouth Marine Laboratory British Academy Wolfson Fellowships17 awards} As parl of the £10 million major research fLinding initiative in the humanities and social sciences awarded lo the British Academy i n 2018, fellowships worth up lo £130,000 over three years were awarded lo the following researchers.. Professor Philip Ernst, Imperial College London Dr Martha Gayoye, Keele University Dr Chloe Irelon. University College London Dr James Poskell, University of Warwick Dr Kavila Ramakrishnan. U niversily of East Anglia Dr Alexandra Reza. University of Bristo5 Dr Olivia Sheri ngham, Birkbeck, University of Loiidon Nationa5 Trust14 awards) The programme with the National TrLisI was allocated £1.500.000 lover three years) in a previous financial year. The following awards were made towards conseivalion work at historic properlies and gardens.. Corfe Castle, Dorset1£150,0001 Repai r and conservation of the castle Hardwick Hall, Derbyshire {£100,0001 Resloralion of portraits Maister House. Hull. East Riding of Yorkshire1£103,0001 Repair of the house Ty Mawr Wybrnanl, Conwy1£147,0001 Repairs lo the house and improved care, d isplay and interpretation of the collection Theatres Trust Wolfson Theatre Improveinent Scheme16 awards) Th is programme is administered by the Theatres Trust and funds refu rbishmenl works al smaller 45 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. Grants awarded during the period Icontinuedl Ihealres that will improve the environnienlal 5UStain3bilily of thei r bLiildings and perforniances The programme was a51ocated £375,000 lover three years) in a previous financial year. The following awards were made". Batlersea Arts Centre, London SW11 1£18,6201 Extend and improve building management system IBMS) Birmingham Rep1£20,0001 Deslratificalion of main audiloriiim Midlands Arts Centre, Birmingham1£17,3621 Upgrade front of house lighting lo LED New Vic. Newcastle Under Lyme. Slaffordshire {£20,0001 Replacement windows backstage Park Thealre, London N41£20,0001 Upgrade thealre luminaires lo LED Storyhouse, Chesler1£20,0001 Expand solar panel provisioii Art Fuiid112 awards) The programme with the Arl Fu nd was allocated F1 ,800,000 lover three years) In a previous fi nancial year. The following awards were made towards Ihe acquisition of works of art: English Heritage, London EC2V1£45,0001 Lai?dscclPQ wi117 Iiawkeis ai?cl si)oitsii?oi? by Jan Wijnanls116591, at Brodsworth Hall and Gardens. Doncaster Fitzwilliam Museum (University of Cambridge) {£50,0001 8ai?iior I by Bridget Riley11968) Guernsey Museum and Art Gallery, Sl Peter Porl1£20,0001 Pliolograplis Foi 117e Laiicl of l_ovo by Sian Davey12019-20211 Leighton House. London W14 {£40,0001 lil My Sliiclio by Lawrence Alma-Tadema (18931 Museum of Somersel, Taunton1£15,0001 Ec?Ily Medioval Silvei. Disc BIuoL17 110117 C17edd8r by Unknown maker Ic800-9001 Scottish National Gallery of Modern Art. National Gal leries of Scotland, EdinbLirgh1£45,0001 Eiicoiiiilor by Reimedios Varo119591 National Museum Wales, Cardiff1£30.0001 Seclioi?s of Ei?glai?d.' Tlie Socl Hori701F by Garry Fabian-Miller119771 Nalional Museums Scotland, Edinburgh {£45,0001 Tl7e Ilay-Glyi?i?e Dial by Richard Glynne Ic17151 National Portrait Gallery. Londoii WC2H 1£250,0001 Poitrail of Mai (0117<21) by Sir Joshua Reynolds Ic17761 TLillie House Museum and Arl Gallery Carlisle1£18,0001 Broi?ze Age Gold Ari?? Riipg11200-800 BC) Ulster Museum. National Museums Northern I reland. Belfast1£20.0001 L clllee ali ljois (TIFe WoodlL?IicI Pc?117) by Auguste Renoir Ic1874) 46 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. Grants awarded during the period {continued) Worcester City Art Gallery and MLlSeLim1£22,0001 Lai?dscapo of Lake Wi17dei'ii?eie aiid 117c Larigclale Pikos (1945) and Poiti8il. tilled Beiilc?Ii Alo.2 (lale 1930s) by Dame LaLira Knight National Churches Trust Wolfson Fabric Repair Grants145 awards The programme with the National ChLirches Trust was allocated £1.236,000 lover Ihree years) in a previous financial year. The following awards were made towards repair work lo the hisloric fabric of churches.. All Saints. Annesley. Nottinghamsliire1£5,0001 All Saints. East Pennard, Somersel1£6,5101 All Saints, Glemham, Suffolk1£5,0001 All Saints, High Bray. Devon {£3,0001 All Saints, Houghlon Regis. Bedfordshire1£10,0001 All Saints, Oakham, Rulland1£7,5131 All Saints, Orton, Cumbria1£10,000} All Saints. Weston Longville, Norlolk1£10,0001 Cardonald Parish Church, Glasgow1£5,0001 Holy Cross. Binsled, Hampshire1£5,0001 Holy Trinity, Bollon-Le-Sands. LancaSli￿reI£9,0o0I Kilmaronock Church. Gartocharn, DLinbarlonshire1£2,5001 St Peter and Sl Paul, Leominster. Herefordshire1£10,000) St Andrew. Curry Rivel. Somersel1£4,000) Sl Andrew. Hallon Holegale, Lincol nshire1£9,0001 Sl Anne, Dunbar, East Lolhian1£5,0001 St Bartholomew, Loslwithiel. Cornwall1£5,0001 St Giles, Haughton, Slaffordshire1£3,0001 Sl Helen, Plungar. Nollingham1£5,0001 St Helen, Skipwith, North Yorkshire1£3,0001 St John the Baptist. Granborough. BLickingliamshire1£10,0001 St Laurence. Chorley, Lancashire1£9,0001 St Leonard. Old Warden. Bedfordsh1re1£10,0001 St Leonard, Soulhoe, Cambridgesliire1£l 0,0001 St Mark's. Portobello. Edinburgh.1£10,0001 St Mary Magdalene, Monknash. Vale of Glamorgan1£9,0001 St Mary the Virgin. Buckland. Oxfordshire1£5,000) St Mary the Virgin. Elsing. Norfolk1£7,0001 47 THE WOLFSON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. Grants awarded during the period Icontinuedl St Mary the Virgin, Lewisham, London {£10.0001 Sl Mary the Virgin, Mursley. Buckinghamshire1£10,0001 Sl Mary, Balcombe, West Sussex1£10,0001 St Mary, Swaylhling, Soulhamplon {£10,0001 Sl Mary, Watwick, Warwickshire1£10,0001 Sl Mary's Church, Manchester {£6,0001 Sl Michael and All Angels, Geldeslon. Norfolk1£10,0001 Sl Michael the Archangel, Lillington, East Sussex1£5,0001 St Michael, Eglwysfach, Powys1£3,9771 Sl Michael, Othery. Somersel1£5,0001 Sl Nicholas, Warwick, Wa￿lc￿shIre{£s,0o0I St Peter and St Paul. Wincanton, Somerset1£10,0001 Sl Peter in Chains, Ardrossan. North Ayrshire1£10,0001 St Peter, Bournemoulh, Dorsel1£10,0001 Sl Stephen and Sl Talhan, Caerwenl. Monmoulhshire (£10,000) Sl Thomas the Apostle, South Wigslon, Leicestershire1£10,0001 Wesigale Chapel, Wakefield, Wesl Yorkshire1£10,0001