Wellcome Leap Inc
Donations deductibleRevenue
$623.7m
year to 30 September 2025
Expenses
$142.6m
year to 30 September 2025
Total assets
$731.9m
year to 30 September 2025
Net assets
$719.6m
assets less liabilities
Directors and trustees
5
5.8 years on average
Left since last filing
0
no seats appear to have opened
Officers and senior staff
3
named in Part VII
Activity
H12
Medical research
Wellcome Leap Inc's network
5 people1 organisationi5 people and 1 organisation on this map.The large node is the subject of this page. Solid lines are what the register itself records (5). Violet dotted lines (1) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
5 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Fiona Powrie | Director | 2022 | 4 yrs |
| HO Ching | Director | 2021 | 5 yrs |
| Jeremy Farrar | Director | 2020 | 6 yrs |
| Michael Ferguson | Director | 2020 | 6 yrs |
| Rachel Rogers | Secretary (Through July 2024) | 2020 | 6 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
3 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Kaigham Gabriel | COO (Through July 2023) | since 2020 |
| Regina Dugan | Director, President & CEO | since 2020 |
| Richard Wooldridge | COO | since 2023 |
Pay and hours
year to 30 September 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Regina Dugan | Director, President & CEO | 40 | $1.1m | ||
| Richard Wooldridge | COO | 40 | $712k | ||
| Jay Flatley | Director & Chair | 1 | $75k | ||
| Judith Swain | Director | 1 | $38k | ||
| Richard Gillingwater | Director | 1 | $0 | ||
| John-Arne Rottingen | Director | 1 | $0 | ||
| Fiona Powrie | Director | 1 | $0 |
About
- Legal name
- Wellcome Leap Inc
- EIN
- 845192069
- Address
- 302 Washington Street 150-1384, San Diego, CA, 92103-2110
- State
- California
- Activity (NTEE)
- H12 Medical research
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Medical Research
- Size band
- 9 (IRS master file code)
- IRS ruling date
- 1 July 2020
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 5, latest 2024
- IRS Publication 78
- PF (contributions deductible)
Most connected
Longest observed on the filings
≥6years on the filingsJeremy Farrar
≥6years on the filingsMichael Ferguson
≥6years on the filingsRachel Rogers
≥5years on the filingsHO Ching
Latest return
year to 30 September 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 30 September 2025. US dollars, as filed.- Total assets
- $731.9m
- Net assets or fund balances
- $719.6m
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2023 | $0 | $155.8m | Deficit $155.8m |
As filed on the IRS Form 990. US dollars.