Financials and Reports
Who We AreWe're putting in place the building blocks to build our small charity, focusing on efficiency and value for money.
Our funding today
We were set up by the Wellcome Trust and the Institute of Social Psychiatry with seed funding in 2013. This allowed us to start work on a sound financial footing and begin our research right away, whilst laying down a strategic plan to take us to 2020 and beyond.
Our efforts are now focused on raising more funds so that we're ready to invest in the future of mental health, prudently and wisely.
Building a sustainable future
To continue funding world-class mental health research, we must have a strong core of fundraising supporters. We also need benefactors like individual philanthropists, corporate donors and people who choose to leave us legacies.
The most important long-term goal is building up our mainstream supporter community – the people who fundraise, take up awesome challenges or simply donate regularly to us. Recruiting this group of committed volunteers takes time. But our efforts are heading in the right direction, with our supporter base more than doubling in 2015.
If you want to find out more about our funding, or if you'd like to help invest in our future as a charity, then please get in touch today.
2021 highlights
MQ achieved an impressive range of outputs and impacts in 2021, despite the continuing challenges faced due to the pandemic. MQ researchers published a combined total of 17 papers (Including pre-prints). We also continued to steward 44 live studies around the world.
In the USA the MQ Foundation appointed it's first full time Executive Director, whilst in the UK over 4500 people volunteered to take part in research through our Participate platform. In May MQ convened over 300 experts from 17 countries for the MQ Science Summit. But perhaps our proudest achievement of the year is that, thanks to our generous supporters, we were able to commission £1.2m into new research projects.
The discoveries and findings of the researchers that MQ support will help to change lives and improve mental health for generations to come.
2022 highlights
2022 was MQ's best ever fundraising year. This meant we were able to support even more research, including our largest ever investment in the MQ Fellows Programme.
The year also saw an expansion of MQ's Science council, increasing it not just in size but also in diversity as we welcomed experts from all around the globe.
In research, Dr Max Taquet's study into COVID-induced brain fog, which was funded by the Wolfson Foundation, found that brain fog is, at least in part, due to damage to small blood vessels in the brain.
MQ researchers published an impressive 41 papers in 2022 as we continued to support ground breaking research, and early career researchers, all around the world.
You can read more about the highlights from 2022 and all of our financial information in our 2022 Annual Report.
