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Filing year 2023

WELLCOME LEAP INC

San Diego, California·EIN 84-5192069·NTEE H12 · Medical Research·501(c)(3)
Total revenue
$800k
Total assets
$252.2M
Total expenses
$155.8M
Reported officers
8

Executive compensation

Form 990-PF · Part VIII · 5 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Medical Research organizations nationwide.

Director, President & CEO
75th to 90th percentilevs Medical Research peers in California
$790k
$877k
COO
Above 90th percentile
$602k
$668k
Secretary (through July 2024)
Board Secretary
Above 90th percentilevs all sectors nationwide
$163k
$181k
Director & Chair
Board Chair
Median to 75th percentile
$75k
$83k
Director
Unclassified
$13k
$14k

Teal figures restate each filed amount in 2026 dollars.

Estimated with San Diego-Carlsbad, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Medical Research

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at WELLCOME LEAP INC equaled 0.5% of the organization's total expenses. The median for medical research organizations is 10%.

This organization (2023)
0.5%
Sector median
10%
Middle half of sector
4% to 21%

Based on 1,118 medical research organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$71M

Itemized grants

108

Median grant

$495k

RecipientLocationPurposeAmount
CORNELL UNIVERSITYNEW YORK, NYMCPSYCH$3.4M
MCLEAN HOSPITALBELMONT, MEMCPSYCH$2.4M
UNIVERSITY OF CALIFORNIA LOS ANGELESLOS ANGELES, CAMCPSYCH$2.1M
WELLCOME SANGER INSTITUTEUKDELTA TISSUE$2M
RIBOPRO BVNLR3$2M
PROCEDURAL LEARNING AND SAFETYBOSTON, MASAVE$1.9M
STANFORD UNIVERSITYREDWOOD CITY, CASAVE$1.8M
CENTILLION TECHNOLOGYUKR3$1.6M
KING'S COLLEGE LONDONUKDELTA TISSUE$1.5M
GRENDEL GAMES BVNLSAVE$1.5M
UNIVERSITY OF CAPE TOWNSFDELTA TISSUE TRANSITION$1.4M
SIBEL HEALTH INCNILES, ILSAVE$1.4M
VANDERBILT UNIVERSITYNASHVILLE, TNMCPSYCH$1.4M
MAKERERE UNIVERSITY HOSPITALUGIN UTERO$1.4M
UNIVERSITY OF CAMBRIDGEUKDELTA TISSUE$1.3M
VANDERBILT UNIVERSITYNASHVILLE, TNSAVE$1.3M
STANFORD UNIVERSITYREDWOOD CITY, CAQ4BIO$1.2M
UNIVERSITY OF CALIFORNIA IRVINEIRVINE, CAHOPE$1.2M
MOUNT SINAINEW YORK, NYMCPSYCH$1.2M
MOUNT SINAINEW YORK, NYMCPSYCH$1.2M
UNIVERSITY OF EDINBURGHUKSAVE$1.1M
ASTAR RESEARCHSNR3$1.1M
UNIVERSITY OF PENNSYLVANIAPHILADELPHIA, PAR3 TRANSITION$1.1M
DNA SCRIPTFRR3 TRANSITION$1.1M
UNIVERSITY OF NEW SOUTH WALESASIN UTERO$1.1M
Compare this foundation's grantees

Up 6%
from 2022

From $748k in 2022 to $790k in 2023.

$748k
2022
$790k
2023
In today's dollarsEst.
Up 1% in real terms$872k to $877k

Estimated with San Diego-Carlsbad, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 6% from 2022 to 2023, while revenue fell 74%.

$748k in 2022 to $790k in 2023.
  • Chief Operating Officer pay fell 1% from 2022 to 2023.
  • Board Secretary pay fell 22% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

WELLCOME LEAP INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.1M
$158.6M
2022
$800k
$155.8M
2023
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Medical Research executives earn in California

Comparable medical research organizations in California pay their highest-earning executive a median of $129,149.

25th percentile
$60k
Median
$129,149
75th percentile
$297k
90th percentile
$602k

These are medical research sector-wide figures, not this organization's reported pay. Based on 153 organizations across 153 filings (2022 – 2024).

See full Medical Research pay data for California
FAQ

Common questions about WELLCOME LEAP INC

What does the Chief Executive Officer of WELLCOME LEAP INC earn?

In 2023, the Chief Executive Officer of WELLCOME LEAP INC received $790,408 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Medical Research organizations in California, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WELLCOME LEAP INC compare with similar nonprofits?

Compared with the same role at Medical Research organizations in California, the 2023 pay of the Chief Executive Officer at WELLCOME LEAP INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at WELLCOME LEAP INC equaled 0.5% of the organization's total expenses. The median for medical research organizations is 10%.

What are WELLCOME LEAP INC's revenue and expenses?

In 2023, WELLCOME LEAP INC reported $800k in total revenue and $155.8M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.