Linked Charities of the University of Oxford
On 1 June 2010 HEFCE became the principal regulator of English Higher Education Institutions (HEIs) that are exempt charities, of which the University of Oxford is one. HEFCE’s remit extends to those exempt charities that are administered by or on behalf of an exempt charity HEI, and fall within paragraph 28(1) of Schedule 3 of the Charities Act 2011 (‘linked charities').
Below are details of those linked charities of the University which had annual income of more than £100k in their last financial year and are disclosed separately in the University's consolidated financial statements.
The University of Oxford Development Trust Fund
Constitutional form: Charitable trust
Charitable objects: To procure, assist and secure the advancement of education, learning, teaching, scholarship and research at or in connection with the University and its Colleges and other Societies insofar as the same are charitable
Year End: 31 July
Income (and donations received) for most recent year: £52.5m
Balance sheet size at most recent year end: £283.0m
Oxford University Law Foundation
Constitutional form: Charitable trust
Charitable objects: To promote and develop the study, whether at the University or elsewhere, by staff of the University, by those holding visiting appointments at the University and by students pursuing courses of or approved by the University, of the theory and practice of law in all its branches
Year End: 31 July
Income for most recent year: £26k
Balance sheet size at most recent year end: £467k
Gray Laboratory Cancer Research Trust
Constitutional form: Company limited by guarantee
Charitable objects: To carry out bio-medical research principally in cancer, to research and investigate its causes, distribution, symptoms, pathology, treatment, to promote its cure and to publish the useful results of such research
Year End: 31 July
Income for most recent year: £1.17m
Balance sheet size at most recent year end: £1.63m
James Martin 21st Century Foundation
Constitutional form: Charitable trust, established under the Trusts (Special Provisions) Act 1989, Bermuda
Charitable objects: Primary purpose is to provide and develop funding for Oxford University to investigate the problems and opportunities of the 21st century.
Year End: 31 December
Income (and donations received) for most recent year: $19.1m (USD)
Balance sheet size at most recent year end: $87.0m (USD)
Oxford University Boat Club
Constitutional form: Unincorporated association
Charitable objects: Undefined
Year End: 31 July
Income for most recent year: £300k
Balance sheet size at most recent year end: £4.9m
Oxford University Rugby Club
Constitutional form: Unincorporated association
Charitable objects: The support, development, improvement and promotion of the game of rugby football in the University of Oxford
Year End: 30 April
Income for most recent year: £474k
Balance sheet size at most recent year end: £608k
Oxford University Women's Boat Club
Constitutional form: Unincorporated association
Charitable objects: Undefined
Year End: 31 July
Income for most recent year: £100k
Balance sheet size at most recent year end: £0
Nuffield Dominions Trust
Constitutional form: Charitable trust
Charitable objects: To promote the progress of medical knowledge by co-operation between the Medical School of the University of Oxford and such of the Universities of the Dominions of Australia, New Zealand and South Africa that provide facilities for medical research
Year End: 31 December
Income for most recent year: £349k
Balance sheet size at most recent year end: £20.6m
Notes:
1. Further details about the above linked charities, such as the names of trustees and their connection with the University, and details of the University’s smaller linked charities (with annual income of less than £100k), are available on request from Matthew Fleet, Trusts Administrator, Council Secretariat, University Offices, Wellington Square, Oxford OX1 2JD.
2. The income and balance sheets above are for the linked charities in their own right; the figures may therefore differ from those disclosed in the University's financial statements, which are the amounts included for consolidation purposes.