Annual Report

The Burroughs Wellcome Fund seeks to provide clear and comprehensive material and data concerning its grantmaking activities. This page contains annual reports archived as PDFs.

Until 2009, our audited financial reports were contained in the annual report. Currently, the audited financial reports are a separate document. Financial information in the annual report is summarized.

To request a printed version of any of our annual reports, please email the news department at news@bwfund.org. Please note that our stock may be limited.

2024 Annual Report

Dear Friends and Colleagues,

As I reflect on the past year, I am filled with gratitude for the shared commitment of our community to advancing science, fostering innovation, and addressing some of the most pressing challenges of our time. At the Burroughs Wellcome Fund, 2024 has been a year of growth, collaboration, and impact, guided by our mission to serve as a catalyst for discovery and societal progress.

This year, we continued to expand our programmatic focus to address the critical intersection of climate change and human health. The launch of our Climate + Health Excellence (CHEX) Centers awards marks a significant step in supporting interdisciplinary research that explores the profound ways in which a changing climate affects human well-being. By fostering collaborations across diverse fields, we aim to illuminate the pathways through which science can mitigate these impacts and promote resilience in communities worldwide.

In 2024, we also increased our commitment to science communication. Bridging the gap between complex scientific ideas and public understanding is essential in fostering trust and informed decision-making. Through fellowship, programs and partnerships, we have supported initiatives that empower scientists to share their work effectively and elevate public discourse around science and its role in society. Notable is our work to support the growing civic science movement that helps create connections between scientists and communities to address societal challenges. This work bridges the gap between science and society, emphasizing collaboration, inclusivity, and the societal impact of research.

The intersection of science and the arts has remained a source of inspiration and innovation. This year, we have seen remarkable projects that harness the power of storytelling, visual media, and performance to bring scientific concepts to life in ways that resonate deeply with diverse audiences. These collaborations remind us that creativity and imagination are vital components of scientific inquiry and public engagement.

The National Geographic WonderLab is an excellent example. It is an immersive, interactive experience that brings the wonders of science, nature, and exploration to life. Combining cutting-edge technology with National Geographic’s iconic storytelling, the WonderLab sparks curiosity, inspires discovery, and fosters a deeper connection to the natural world.

We continue to be inspired by the incredible work of our grantees, partners, and the broader scientific community. Your dedication fuels our efforts to champion bold ideas, foster collaboration, and build a brighter future for all.

As we look ahead to 2025, we remain steadfast in our commitment to supporting the people and programs that drive discovery and innovation. Together, we can continue to address the challenges of today while shaping a more equitable and sustainable tomorrow.

Thank you for your unwavering support and partnership. It is an honor to work alongside each of you in advancing our shared vision.

With gratitude,

Louis J. Muglia, MD, PhD
President and CEO
Burroughs Wellcome Fund

As we look ahead to 2025, we remain steadfast in our commitment to supporting the people and programs that drive discovery and innovation. Together, we can continue to address the challenges of today while shaping a more equitable and sustainable tomorrow.

Louis Muglia, MD, PhD

President & CEO, BWF 2024

Previous Annual Reports

2016 Annual Report

2016 Annual Report

2016 Full Annual Report
2016 Annual Report Summary
2016 Audited Financial Statements

2015 Annual Report

2015 Annual Report

2015 Full Annual Report
2015 Annual Report Summary
2015 Audited Financial Statements

2022 Annual Report

2013 Annual Report

2012 Annual Report

2011 Annual Report

2011 Annual Report

2011 Full Annual Report

2009 Annual Report

2008 Annual Report

2008 Annual Report

2008 Full Annual Report

2007 Annual Report

2007 Annual Report

2007 Full Annual Report

2006 Annual Report

2006 Annual Report

2006 Full Annual Report

2005 Annual Report

2005 Annual Report

2005 Full Annual Report

2004 Annual Report

2004 Annual Report

2004 Full Annual Report

2003 Annual Report

2003 Annual Report

2003 Full Annual Report

2002 Annual Report

2002 Annual Report

2002 Full Annual Report

2001 Annual Report

2001 Annual Report

2001 Full Annual Report