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.
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.
2023 highlights
In 2023 MQ turned 10 years old, and celebrated by looking back over our Impact since our founding in 2013.
We also received a number of awards in 2023, including a Charity Governance Award and a Prestige Award and an Inside Out Award for best use of technology.
MQ also invested more than ever before into new research through our Fellows Programme and the launch of our brand new Scholarships programme, helping to support talented new researchers.
2023 was also a year of collaboration and partnerships for MQ. We published our first book in collaboration with Enigma Wellness and joined 17 other global partners for an ambitious project called GALENOS which aims to speed up research into depression, anxiety and psychosis.
The 2023 Annual report also highlights the findings from the IDEA project which found that adolescent boys and girls with depression have different inflammation markers. You can read more on paged 19-21 of the Report.
You can read more about the highlights from 2023 and all of our financial information in our 2023 Annual Report.
