NUFFIELD COLLEGE IN THE UNIVERSITY OF OXFORD
Charity overview
Activities - how the charity spends its money
The College's principal activity is to provide for students and Fellows who are studying and conducting research in the Social Sciences.
Income and expenditure
Data for financial year ending 31 July 2023
Total income:
£14,101,000
| Donations and legacies | £272.00k | |
| Charitable activities | £2.04m | |
| Other trading activities | £0 | |
| Investments | £11.79m | |
| Other | £0 |
Total expenditure:
£16,864,000
| Raising funds | £4.29m | |
| Charitable activities | £12.57m | |
| Other | £0 |
-£1,527,000 investments gains (losses)
Total income includes £23,000 from 1 government grant(s)
Charitable expenditure
Charitable expenditure with investment gains
Charitable expenditure
Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.
In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.
Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.
By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.
| Raising funds and other expenditure | £4.29m | |
| Charitable expenditure | £12.57m |
People
144 Employee(s)
37 Trustee(s)
6 Volunteer(s)
Employees with total benefits over £60,000
| Number of employees | |
|---|---|
| £60k to £70k | 1 |
| £90k to £100k | 3 |
| £110k to £120k | 1 |
| £120k to £130k | 3 |
| £140k to £150k | 1 |
| £300k to £350k | 1 |
Fundraising
Trading
Trustee payments
What, who, how, where
- Education/training
- Other Defined Groups
- Makes Grants To Individuals
- Makes Grants To Organisations
- Provides Buildings/facilities/open Space
- Provides Services
- Sponsors Or Undertakes Research
- Oxfordshire
Governance
- 16 August 2010: Standard registration
- NUFFIELD COLLEGE (Working name)
- THE WARDEN AND FELLOWS OF NUFFIELD COLLEGE IN THE UNIVERSITY OF OXFORD (Working name)
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service
37 Trustee(s)
| Name | Role | Date of appointment | Other trusteeships | Reporting status of other trusteeships | ||||
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| Professor Julia Black | Trustee | 14 September 2024 |
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| Dr Carl Martin Ludvig Sinander | Trustee | 03 January 2024 |
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| Dr Zeynep Pamuk | Trustee | 01 September 2023 |
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| Professor Abigail Adams-Prassl | Trustee | 01 January 2023 |
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| Dr Rachel Bernhard | Trustee | 01 July 2022 |
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| Professor Livia Schubiger | Trustee | 01 July 2022 |
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| Dr Tarik Abou-Chadi | Trustee | 01 September 2021 |
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| Dr Martin Weidner | Trustee | 01 January 2021 |
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| Professor Barbara Petrongolo | Trustee | 01 September 2020 |
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| PROFESSOR FRANK WINDMEIJER | Trustee | 01 January 2020 |
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| Professor Andrew Thompson | Trustee | 01 September 2019 |
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| PROFESSOR LUCIE CLUVER | Trustee | 01 September 2019 |
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| Prof Hamish Low | Trustee | 01 October 2018 |
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| Prof Pepper Culpepper | Trustee | 01 October 2018 |
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| Prof Jane Green | Trustee | 01 September 2018 |
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| RIDHI KASHYAP | Trustee | 01 September 2017 |
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| Professor Cecile Laborde FBA | Trustee | 01 January 2017 |
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| THOMAS MOORE | Trustee | 02 October 2015 |
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| PROF STEPHEN BROADBERRY | Trustee | 01 September 2015 |
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| PROF EZEQUIEL GONZALEZ OCANTOS | Trustee | 01 September 2014 |
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| Professor Melinda Catherine Mills | Trustee | 09 June 2014 |
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| Professor Martin Ellison | Trustee | 08 June 2014 |
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| Prof Ian Anderson Crawford | Trustee | 01 October 2013 |
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| Dr ELENI KECHAGIA-OVSEIKO | Trustee | 16 September 2013 |
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| Prof Benjamin William Ansell | Trustee | 01 July 2013 |
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| Prof Francisco David Rueda | Trustee | 01 April 2013 |
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| Dr ERZSEBET BUKODI | Trustee | 26 October 2012 |
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| PROFESSOR JANNE JONSSON | Trustee | 26 October 2012 |
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| Dr MARGARET MEYER | Trustee |
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| DR BENT NIELSEN | Trustee |
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| PROF GEOFFREY EVANS | Trustee |
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| PROF DESMOND KING | Trustee |
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| PROF COLIN MILLS | Trustee |
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| Dr CHRISTIAAN MONDEN | Trustee |
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| PROF PAUL KLEMPERER | Trustee |
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| Dr STEPHEN BOND | Trustee |
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| PROF NAN DIRK DE GRAAF | Trustee |
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Financial history
Financial period end date
| Income / Expenditure | 31/07/2019 | 31/07/2020 | 31/07/2021 | 31/07/2022 | 31/07/2023 | ||
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Total gross income | £12.74m | £12.08m | £11.89m | £46.50m | £13.83m | |
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Total expenditure | £13.94m | £12.16m | £12.81m | £49.26m | £16.86m | |
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Income from government contracts | £8.00k | N/A | N/A | N/A | N/A | |
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Income from government grants | N/A | £50.00k | £51.00k | £50.00k | £23.00k | |
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Income - Donations and legacies | £552.00k | £270.00k | £357.00k | £405.00k | £272.00k | |
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Income - Other trading activities | £0 | £0 | £0 | £32.37m | £0 | |
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Income - Charitable activities | £1.97m | £1.81m | £1.39m | £1.84m | £2.04m | |
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Income - Endowments | £539.00k | £268.00k | £354.00k | £392.00k | £270.00k | |
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Income - Investment | £10.76m | £10.09m | £10.45m | £12.27m | £11.79m | |
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Income - Other | £0 | £176.00k | £51.00k | £0 | £0 | |
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Income - Legacies | £0 | £0 | £0 | £0 | £0 | |
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Expenditure - Charitable activities | £10.69m | £9.10m | £9.26m | £13.33m | £12.57m | |
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Expenditure - Raising funds | £3.25m | £3.05m | £3.55m | £35.72m | £4.29m | |
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Expenditure - Governance | £19.00k | £19.00k | £19.00k | £23.00k | £28.00k | |
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Expenditure - Grants institution | £3.00k | £0 | £0 | £0 | £0 | |
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Expenditure - Investment management | £2.99m | £2.83m | £3.31m | £3.07m | £4.00m | |
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Expenditure - Other | £0 | £0 | £0 | £208.00k | £0 |
Assets and liabilities
Definitions for assets and liabilities
These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.
Long term InvestmentsInvestments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.
These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.
Defined benefit pension scheme asset or liabilityThis is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.
Total liabilitiesThese are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.
| Asset / Liability | 31/07/2019 | 31/07/2020 | 31/07/2021 | 31/07/2022 | 31/07/2023 | ||
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Own use assets | £10.44m | £11.26m | £11.29m | £11.87m | £11.43m | |
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Long-term investments | £282.73m | £274.68m | £314.53m | £334.80m | £326.39m | |
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Other assets | £10.95m | £11.92m | £15.22m | £11.06m | £12.94m | |
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Defined benefit pension scheme asset or liability | -£1.92m | -£1.60m | -£1.47m | -£3.24m | -£2.42m | |
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Total liabilities | £34.12m | £33.24m | £34.20m | £34.48m | £34.34m |
Accounts and annual returns
| Title | Reporting year | Date received | Received | Download |
|---|---|---|---|---|
| Annual return | 31 July 2023 | 30 May 2024 | On Time | |
| Accounts and TAR | 31 July 2023 | 30 May 2024 | On Time | Download Open in new window |
| Annual return | 31 July 2022 | 14 March 2023 | On Time | |
| Accounts and TAR | 31 July 2022 | 14 March 2023 | On Time | Download Open in new window |
| Annual return | 31 July 2021 | 08 April 2022 | On Time | |
| Accounts and TAR | 31 July 2021 | 08 April 2022 | On Time | Download Open in new window |
| Annual return | 31 July 2020 | 10 May 2021 | On Time | |
| Accounts and TAR | 31 July 2020 | 10 May 2021 | On Time | Download Open in new window |
| Annual return | 31 July 2019 | 29 May 2020 | On Time | |
| Accounts and TAR | 31 July 2019 | 29 May 2020 | On Time | Download Open in new window |