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 (paragraph 28 or ‘linked' charities). 

Below are details of those linked charities of the University which had annual income of more than £100,000 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                 

Incoming resources for most recent year: £192.3m

Balance sheet size at most recent year end:  £974.1m

College Contributions Fund

Constitutional form:  Unincorporated Trust              

Charitable objects: To make such grants and loans to colleges for University purposes as may seem desirable

Year End:  31 July                 

Incoming resources for most recent year: £5.4m

Balance sheet size at most recent year end:  £46.9m

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

Incoming resources for most recent year:  £1.3m

Balance sheet size at most recent year end:  £0.7m

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

Incoming resources for most recent year:  £0.1m

Balance sheet size at most recent year end:  £0.5m

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

Incoming resources for most recent year:  $-0.3m (USD)

Balance sheet size at most recent year end:  $37m (USD)

James Martin 21st Century (UK) Trust

Constitutional form: Charitable trust

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

Incoming resources for most recent year:  £3.3m

Balance sheet size at most recent year end:  £38.9m

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

Incoming resources for most recent year:  £0.4m

Balance sheet size at most recent year end:  £25.4m

Oxford University Boat Club      

Constitutional form:  Unincorporated association

Charitable objects:  Undefined

Year End:  31 July

Incoming resources for most recent year:  £0.4m

Balance sheet size at most recent year end:  £3.8m

Oxford University Women's Boat Club      

Constitutional form:  Unincorporated association

Charitable objects: To organise the training and selection of university openweight boats and race and beat the Cambridge University Women’s Boat Club in the women’s openweight Varsity Races. To encourage and support the development of women’s rowing in the University of Oxford and Great Britain and to organize the training and selection of boats to represent the University of Oxford to compete in outside events

Year End:  31 July

Incoming resources for most recent year:  £0.3m

Balance sheet size at most recent year end:  £0.1m

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

Incoming resources for most recent year:  £0.2m

Balance sheet size at most recent year end:  £0.4m

 

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.