2024-05-02T05:34:58-07:00 2023-07-31 990 2022-08-01 986001062 CHANCELLOR MASTERS & SCHOLARS OF THE UNIVERSITY OF OXFORD CHAN Wellington Square Oxford Oxfordshire UK OX1 2JD Sally McKinlay Mrs 1865270151 2024-05-02 Sally McKinlay 999009999 1 1 11 1 AAL2 X 2022 2023-04-26 12:10:37Z Oxford University Professor Louise Richardson Wellington Square Oxford UK OX1 2JD 3431520184 0 X www.ox.ac.uk X 1096 UK The principal objects of the University are the advancement of learning by teaching and research and its dissemination by every means. We work as one Oxford bringing together our staff, students and alumni, our colleges, faculties, departments and divisions to provide world-class research, education and academic and educational publishing. We do this in ways which benefit society on a local, national and global scale. We build on the University's long-standing traditions of independent scholarship and academic freedom while fostering a culture in which innovation and collaboration play an important role. We are committed to equality of opportunity and to engendering inclusivity. We believe that diverse staff and students strengthen our research and enhance our students' learning. 24 4 0 489224 442012 886592456 1013520465 1858821253 2074861568 159550984 208492158 230447262 125208730 3135411955 3422082921 139393746 152817774 0 0 1331958224 1488571824 0 0 16720962 1382898558 1537381526 2854250528 3178771124 281161427 243311797 10000458945 10422011962 3755694334 3722439860 6244764611 6699572102 The principal objects of the University are the advancement of learning by teaching and research and its dissemination by every means. We work as one Oxford bringing together our staff, students and alumni, our colleges, faculties, departments and divisions to provide world-class research, education and academic and educational publishing. We do this in ways which benefit society on a local, national and global scale. We build on the University's long-standing traditions of independent scholarship and academic freedom while fostering a culture in which innovation and collaboration play an important role. We are committed to equality of opportunity and to engendering inclusivity. We believe that diverse staff and students strengthen our research and enhance our students' learning. 0 0 1320844556 142412505 631854346 Education: 2022/23 HIGHLIGHTS * TEF 2023 Gold rating * 1st in the Times Higher Education (THE) World University rankings * 26,495 students at Oxford, including 12,685 undergraduates and 13,320 postgraduates * 23,193 applications for 3,217 undergraduate places for 2023/24 entry * 67.8% of UK undergraduate admissions from state schools Overall applications for undergraduate study rose by 0.9% and the number of admitted students fell by 1.6%. The largest decreases have been amongst applicants and admitted students from the EU. Disadvantaged students are identified during the admissions process through ongoing use of contextual data, including information on eligibility for free school meals which has not previously been available. 2023 continued to deepen in-person outreach, with the flagship UNIQ programme again taking a hybrid approach. UNIQ welcomed 1,153 participants to Oxford for a 3-day residential course, and 333 more joined an online academic programme. Applications remained stable in the 2022/23 admissions cycle with a modest increase of about 1.5% (around 37,000 applications). The University's Graduate Access Working Group continues to lead on a number of pioneering initiatives to encourage and support access to graduate study for students from underrepresented and deprived backgrounds. In 2023, the UNIQ+ graduate access research internship programme continued to welcome 130 students from disadvantaged backgrounds in Oxford for seven weeks. The University continued to work with the University of Cambridge on the four-year Close the Gap project (started in January 2022) co-funded by the Office Students and Research England to improve access to doctoral study for historically marginalised students. students. After a mapping exercise to understand current admissions processes, sixteen departments across the two institutions will be piloting a set of new initiatives from September 2023. In parallel, our ground-breaking pilot to contextualise admissions by using socio-economic data has continued to expand to circa 150 courses across the four divisions, including the whole of the Medical Sciences Division. The University seeks to equip all its students with the skills and knowledge to succeed in future study or employment. Outside the curriculum, support provided for students included the following: * More than 14,000 jobs and internships were advertised by employers and more than 1,750 exclusive internships in the UK and around the world were advertised to Oxford students through our programmes * Careers Advisers offered personalised support to 4,320 students in one-to-one advice appointments * More than 200 events were run by the Careers Service including the Creative Careers Week, Sustainability Careers Week, and the Careers Beyond Academia conference for researchers * Also 9 careers fairs were organised engaging with more than 4,770 students and researchers and 362 recruiting organisations plus programmes such as the Future Leaders Innovation Programme * Original skill development programmes such as the Oxford Strategy Challenge and the Student Consultancy provided 361 Oxford undergraduate and postgraduate students the opportunity to work on dozens of business projects with real organisations 782708339 10405268 557648974 Research: 2022/23 HIGHLIGHTS * For the eighth consecutive year, ranked first in the Times Higher Education (THE) worldwide ranking of universities (both overall and for research) * Highest overall research income of any UK university including highest for UK public sector, industry and the European Commission * REF 2021 results mean that Oxford will again be the recipient of the highest quality-related recurrent funding for research of any UK university in 2023/24 * Oxford University retains top spot as the leading UK academic institution for generating spinouts The scale of the University's research activity is substantial, involving over 1,900 academics, almost 4,900 research staff and over 7,000 postgraduate research students. The University collaborates with other universities and research organisations, healthcare providers, businesses, community groups, charities and government agencies, nationally and internationally. The public benefits from this research include better public policy, improved health outcomes, economic prosperity, social cohesion, international development, community identity, the arts, culture and quality of life. In 2022/23 2,750 new research awards were received, with a cumulative value of $1,350m and which will be spent over the lifetime of the awards across future years. In addition, Research England provided invaluable support through Quality- Related recurrent grant funding totalling $209m. Annual research income rose in 2022/23 to $1,005m, an increase of 10.9% compared to 2021/22. The University's leading position in so many facets of national and international research has driven this year's research income growth. Income from industry increased the most, from $149m in 2021/22 to $187m in 2022/23, largely due to investment by INEOS, and to a lesser extent from AstraZeneca, GSK,and the Coalition for Medical Preparedness Other research funding highlights in the past year include: * $37m from the Faraday Battery Challenge for six innovative projects, four of which involve Oxford researchers, to drive progress towards developing the next generation of batteries * $15m investment from the Engineering and Physical Sciences Research Council (EPSRC) for a Future Vaccines Manufacturing Hub, co-led by Oxford and UCL, to make the UK a global centre for vaccine discovery, development, and manufacture * $10m from EPSRC to co-lead the establishment, with UCL, of a national energy data platform to help facilitate the transition to net-zero carbon emissions. * $3m from the Rockefeller Foundation to develop an open-source platform that, for the first time, will enable access to real-time, anonymized health data on infectious disease outbreaks. * $1.3m from Wellcome to further strengthen research leadership at Oxford. 769804730 0 761313250 Academic and Educational Publishing: 2022/23 HIGHLIGHTS * Migrated 42,000 books to the Oxford Academic platform * Supported 230,000 people to advance their English language skills through the Oxford English Hub * Helped 53 million learners in 159 countries through schools publishing * Academic titles won 84 major awards * Achieved the one billionth visit to the Oxford Academic platform * 340,000 people voted to select Goblin Mode the 2022 Word of the Year Oxford Academic - the Press's principal platform for academic research -now hosts 42,000 books, 500,000 chapters, 500 journals, and more than three million journal articles. This year, the platform had 175 million visitors and 230 million visits; it has now been visited over one billion times since its launch in 2017. The Press demonstrated its commitment to open access by adding new titles to its OA collection, including Oxford Open Digital Health and Oxford Open Infrastructure and Health to the flagship Oxford Open series. A third of all journal articles are OA, and 120 journals are now fully OA. The Press continued to build and strengthen its English language network across the world. It held 375 global events and gained 54,000 new followers to its online teaching community. It also offered support to students affected by the ongoing war in Ukraine and the earthquake in southern Turkey and Syria. The Press's academic book publishing continued its strong track record of winning prestigious prizes, with success in 84 major categories, including: * British Medical Association Outstanding Book Awards in four categories; * The American Historical Association's George Louis Beer Prize for the best book in modern European intellectual history; and * A trio of prizes at the Society of Military History's Distinguished Book Awards. The Press announced a three-year research project to compile the Oxford Dictionary of African American English (ODAAE), a collaboration with Harvard University's Hutchins Center for African & African American Research. The project will record the most comprehensive and up-to-date picture of African American English to date. The Press was honoured to be commissioned by the Archbishop of Canterbury to produce The Coronation Bible, which was subsequently used by His Majesty King Charles III when taking the Coronation Oath. 0 0 0 2873357625 1 0 0 0 0 0 0 1 0 1 1 1 0 0 1 0 0 1 1 1 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 12420 679 0 1 1 1 AS BU CA CH CI EG EZ FR GM HK HU IN IT KS LO PE PK PL SF UK UP VM 0 0 0 0 0 0 0 0 0 0 0 0 X 24 4 0 0 1 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 1 X X Mrs Sally McKinlay 1865616131 Wellington Square Oxford Oxfordshire UK OX1 2JD Nigel Portwood Chief Executive of Oxford University Press 40 X 1186875 0 0 Tim Fulton OUP - Chief Transformation Officer 40 X 781100 0 0 Fathima Dada OUP - Managing Director - Education 40 X 727415 0 0 Giles Spackman Group Finance Director, OUP 40 X 710385 0 0 Professor Louise Richardson Vice-Chancellor 40 X X 626621 0 0 David Clark OUP - Managing Director - Academic 40 X 617296 0 0 Simon Mavin OUP - Global Sales & Intl Dev Director 40 X 521113 0 0 Prof Andrew Stephen Dep Dean - Faculty & Research, SBS 40 X 481615 0 0 Professor Gavin Screaton Head of the Medical Sciences Division 40 X 433304 0 0 Simon Boddie Chief Financial Officer (from Oct 2021) 40 X 372411 0 0 Professor David Gann Pro Vice Chancellor with portfolio 40 X 361847 0 0 Dr David Prout Pro Vice Chancellor with portfolio 40 X 327676 0 0 Gill Aitken Registrar 40 X 321556 0 0 Professor Sam Howison Head of MPLS 40 X 280891 0 0 Professor Chas Bountra Pro Vice Chancellor with portfolio 40 X 279078 0 0 Professor Martin Williams Pro Vice Chancellor with portfolio 40 X 256321 0 0 Professor Anne Trefethen Council Member/Pro Vice Chancellor with portfolio 40 X X 231089 0 0 Professor Patrick Grant Pro Vice Chancellor with portfolio 40 X 222337 0 0 Mr Richard Ovenden Bodley's Librarian & Head of GLAM 40 X 198410 0 0 Professor Timothy Power Head of the Social Sciences Division 40 X 190140 0 0 Professor Daniel Grimley Head of the Humanities Division 40 X 189557 0 0 Lord Patten Chancellor 40 X 0 0 0 Baroness Royall of Blaisdon Chair of Conference of Colleges 40 X 0 0 0 Professor Jane Mellor Senior Proctor (to Mar 23) 40 X 0 0 0 Dr Linda Flores Junior Proctor (to Mar 23) 40 X 0 0 0 Dr Kathryn Murphy Senior Proctor (from Mar 23) 40 X 0 0 0 Professor David Kirk Junior Proctor (from Mar 23) 40 X 0 0 0 Mr John Bowers QC Council Member (to Sep 2022) 40 X 0 0 0 Mr Tom Fletcher Council Member (from Oct 2022) 40 X 0 0 0 Professor Alex Schekochihin Council Member 40 X 0 0 0 Professor Fabian Essler Council Member (to Sep 2022) 40 X 0 0 0 Professor Proochista Ariana Council Member (from Oct 2022) 40 X 0 0 0 Professor Richard Hobbs Council Member 40 X 0 0 0 Professor Kia Nobre Council Member 40 X 0 0 0 Professor Cecile Fabre Council Member 40 X 0 0 0 Professor Aditi Lahiri Council Member (to Jun 2022) 40 X 0 0 0 Professor Nandini Gooptu Council Member (from Oct 2022) 40 X 0 0 0 Fra John Eidinow Council Member 40 X 0 0 0 Professor Diego Sanchez-Ancochea Council Member 40 X 0 0 0 Professor Patricia Daley Council Member 40 X 0 0 0 Professor Sir Rory Collins Council Member 40 X 0 0 0 Professor Sir Charles Godfray Council Member (from Oct 2022) 40 X 0 0 0 Mr Charles Harman Council Member 40 X 0 0 0 Mr Nicholas Kroll Council Member 40 X 0 0 0 Sir Chris Deverell Council Member 40 X 0 0 0 Ms Wendy Becker Council Member 40 X 0 0 0 Ms Sharmila Nebhrajani Council Member (from Oct 2022) 40 X 0 0 0 9317037 0 0 1420 0 1 0 Morgan Sindall Limited Morgan Sindall House Corporation Street Rugby UK CV21 2DW Construction/ Building Services 22862912 Life Technologies Limited 3 Foundation Drive Inchinnan Business Park Paisley UK PA4 9RF Bio tech company 8766445 John Graham Construction Ltd 5 Ballygowan Road Hillsborough County Down UK BT26 6HX Construction/ Building Services 7480755 Kingerlee Limited Thomas House Langford Locks Kidlington Oxfordshire UK OX5 1HR Construction/ Building Services 7220133 Merck Life Science UK Limited The Old Brickyard New Road Gillingham Dorset UK SP8 4XT Scientific equipment 5914247 1137 0 0 0 36172881 755449451 221898133 4118349 1013520465 Education 611310 631854346 631854346 0 0 Research 541700 557648974 557648974 0 0 Publishing 511130 761313250 760824026 489224 0 124044998 124044998 0 0 2074861568 217929421 0 0 217929421 0 0 0 0 96424015 96424015 0 0 28784715 0 0 0 28784715 0 28784715 0 0 28784715 0 0 9437263 0 -9437263 0 -9437263 0 0 -9437263 0 0 3422082921 2170796359 489224 237276873 0 0 0 0 152817774 152817774 0 0 9317037 9317037 0 0 0 0 0 0 1190081271 1063278219 116435606 10367446 178736387 159839979 17351433 1544975 0 0 0 0 110437129 98761471 10721054 954604 0 0 0 0 9492631 6230390 3155111 107130 3356051 632146 2723116 789 0 0 0 0 0 0 0 0 0 0 106481788 70928489 33169816 2383483 5965508 6593125 -991449 363832 223006153 242580911 -19771765 197007 99513212 86210815 12577009 725388 -2463606 1025443 -3493147 4098 153816397 151594298 2199638 22461 40111968 37742868 2169290 199810 0 0 0 0 29618575 30123036 -705644 201183 68252117 0 68252117 0 176110051 176640502 -530451 0 163506176 147394221 16111955 0 8823904 6387012 2435968 924 Printing and Publications 473597363 460662602 12913242 21519 Staff Training and Development 4381498 3598055 665081 118362 Dues and Subscriptions 3095453 1876956 1153906 64591 Commissions 5801476 8963204 -3245692 83964 -35085189 -49840928 15396343 -640604 3178771124 2873357625 288692537 16720962 0 1012119097 931978835 283603078 298970720 334687680 339614711 0 0 0 0 0 0 83905178 89871366 101857102 115190821 3365879830 1245130301 2097598253 2120749529 687699691 723328418 4948787601 5182250836 126588279 135244714 117557487 142852350 206055499 341959662 10000458945 10422011962 268299016 256155997 531994717 547479946 528655274 551381704 0 0 0 0 0 0 0 0 1583064386 1622678970 843680941 744743243 3755694334 3722439860 X 0 0 0 0 6244764611 6699572102 6244764611 6699572102 10000458945 10422011962 X 243311797 -190729458 0 0 0 402225152 X 0 1 X 1 0 X 863192543 1030892794 1025256100 968226929 1137565464 5025133830 0 0 0 0 0 0 0 0 0 0 0 0 863192543 1030892794 1025256100 968226929 1137565464 5025133830 0 5025133830 201415391 220873736 239290323 375782929 343138152 1380500531 778104 4072416 0 0 0 4850520 5452866 2324124 0 8781260 0 16558250 6427043131 0.78187 0.80351 X Schedule A, Part II, Line 10 Other income comprises movement in exchange and revaluation reserves. 4118349 142982973 0 0 X X X X 0 1973474411 69133442 67107113 28218688 35707908 6143338 2039645032 2137345556 65631276 -171719871 23270291 29446210 5066049 1973474411 1697902141 60211149 436472041 23051703 29169610 5018462 2137345556 1589430041 147487424 13590113 21185355 26807934 4612148 1697902141 1515728923 76977079 38421945 16792654 21249414 3655838 1589430041 0 0.703 0.297 1 1 1 0 122298644 122298644 424466904 2524327477 1090160640 1858633741 0 20259595 12084649 8174946 0 274527210 142885012 131642198 0 0 0 0 2120749529 Managed Fund 4433059605 F Unquoted spinout companies 263071359 F 3rd Party Managed 409285614 F Other securities 76834258 F 5182250836 0 Amounts due to associated undertakings 7051353 Provision for liabilities and charges 8911997 FRS17 Creditor - Pension Deficit 728779893 744743243 Schedule D, Part III, Line 4 The University of Oxford collections relate to museums, libraries, and other collections. The University objectives are to make the collections a focus for research, teaching, and collection-based scholarship within the University. The collections are used as a research resource for a wide range of scholarly users, a facility for interaction between the University and the public and an active contributor to the region's cultural development. In 2022/23, the Gardens, Libraries and Museums (GLAM) which host our collections welcomed over 3.1 million visitors to our sites, a 35% increase in visitors from 2021/22. GLAM welcomed more than 4,000 school and educational groups in 2022/23 comprising over 92,000 students. In addition, there were 1,300 public engagement events attended by over 62,500 visitors. The Bodleian Libraries received 1,675,277 visits to its physical libraries, a 29% increase on the previous year, and there were over 20,501,128 uses of the Libraries' e-books and e-journals. Over the period, we continued to care for our collections, to provide a vital service to all users and the academic community, and to further support and engage with local communities and international audiences through digital and community engagement initiatives. Varied international, national, local and community projects and exhibitions were launched with a wide variety of partners in 2022/23 including: * At the Bodleian Libraries, a partnership with the Museum of Colour and Fusion Arts to present the exhibition These Things Matter: Empire, Exploitation and Everyday Racism. * At the Ashmolean Museum, Painting Poetry, an exhibition of curated works by internationally recognised Iraqi painter and sculptor Dia al-Azzawi. * At the History of Science Museum, the first exhibition co-curated by local students with special educational needs is now displayed in their school, featuring unusual calculating devices. * At the Museum of Natural History, a new 10-year project to survey the ocean, Ocean Census, working in partnership with Nekton and Nippon Foundation. * At the Pitt Rivers Museum, long-standing collaborations with Indigenous Peoples - including the Evenki of Evenkya in Siberia, Naga of Nagaland in India, Maasai of Kenya and Tanzania, the Ainu in Hokkaido in Japan, and Haida in Haida Gwaai in Canada - have led to important new contributions to a renewed building of relationships, including work towards reconciliation and redress through healing ceremonies and provenance work that re-activate the Museums' collections and relationships including new collecting in innovative ways. * The Origin project was also launched this year, a 5-year collaboration between NHS Trusts, multiple museum and charity partners working with young people to create an online museum as a way of improving their mental health. Schedule D, Part V, Line 4 The University holds a large amount of funds on trust to be applied for specific purposes narrower than the University's general purposes of teaching and research. These funds have accumulated over many years, and have arisen almost entirely from donations received from University benefactors. Since its very beginning, the University has relied on philanthropic support to advance its mission and to sustain academic freedom. Over the centuries, many buildings, institutions, teaching posts, research posts and scholarships have been funded by the generosity of donors. Further information about individual trusts can be found at https://governance.admin.ox.ac.uk/about-trust-funds. Donors may specify that monies donated are to be permanently invested to generate an income stream either for a specific purpose or for the general purposes of the University. These funds are then accounted for as permanent endowments. Where the donor has specified a particular objective, and that the University must or may convert the donated sum into income, the fund is classified as a restricted expendable endowment. Endowment reserves at the year-end of $2,040m have been specified by respective donors to be spent in the following areas: * Academic posts (39%) - including the funding of key posts in the field of emerging pathogens research, as well as areas as diverse as Transport Studies, Mental Philosophy and Political Economy. * Scholarship funds (28%) - including the creation in 22-23 of Africa Oxford (AfOx) Scholarships, providing opportunities for graduate students ordinarily resident in Africa to pursue taught master's degrees and to fund programmes related to pandemic preparedness and recovery. * General academic (25%) - monies which may be used for supporting teaching and research more broadly, including for scholarships, fellowships and laboratory funding * Support for libraries and museums (6%) - including support for collections conservation as well as funding for fellowships to study our extraordinary collections, and for purchases of underrepresented art or restoration of unique pieces * Prize funds & societies (2%) As at the year end, the four most material endowment funds comprised 31% of the total. The University holds $95m in endowments from a $102m gift from the Reuben Foundation for the benefit of Reuben College and student scholarships. Of the original gift, 70% comprises a core endowment for the new college, and 30% is ring fenced for scholarships. The University holds $96.7m in endowments from the James Martin 21st Century Foundation. The primary purpose of the Foundation is to support the Oxford Martin School and establish or support any other entity within the University that advances specialised education relating to the severe problems of the 21st century. The University holds $162.2m in endowments from a 1936 donation from Lord Nuffield. Under the terms of the trust deed, the fund is used to widen the scope of the Medical School of the University and to provide special facilities for research. The University holds $307.3m from a 2012 endowment gift from the Crankstart Foundation to provide a programme of support for UK resident undergraduate students from disadvantaged backgrounds. Under the conditions of the terms of gift, the University commits to match the annual income for this or other projects to support disadvantaged students or applicants. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 A racially discriminatory policy would be illegal within the UK so it would be unusual for the University to make such a statement. However, the University's undergraduate and postgraduate admissions websites and prospectuses make it clear that admissions decisions are taken within the framework of the University's Equality Policy and the Equality Act 2010, and specifically that "Oxford is committed to recruiting the best candidates from all backgrounds and all identities. The University is committed to fostering an inclusive culture which promotes equality and values diversity." Schedule E, Part I, Line 6 Oxford University receives various forms of grants and aid from U.K government agencies including via the Office for Students (OfS). Research funding is received from a variety of US governmental agencies. 1 East Asia and the Pacific 1 106 Program Services Educational publishing, education and research 18816250 Europe (including Iceland and Greenland) 6 21216 Program Services Educational publishing, education and research 2104647286 South Asia 1 447 Program Services Educational publishing, education and research 31650191 8 21769 2155113727 Europe (including Iceland and Greenland) Research and Education 1061849 Wire Transfer Europe (including Iceland and Greenland) Research and Education 223447 Wire Transfer Europe (including Iceland and Greenland) Research and Education 184614 Wire Transfer Europe (including Iceland and Greenland) Research and Education 128644 Wire Transfer Europe (including Iceland and Greenland) Research and Education 90994 Wire Transfer Europe (including Iceland and Greenland) Research and Education 50928 Wire Transfer Europe (including Iceland and Greenland) Research and Education 44125 Wire Transfer Europe (including Iceland and Greenland) Research and Education 28815 Wire Transfer Europe (including Iceland and Greenland) Research and Education 25464 Wire Transfer Europe (including Iceland and Greenland) Research and Education 18364 Wire Transfer Europe (including Iceland and Greenland) Research and Education 16102 Wire Transfer Europe (including Iceland and Greenland) Research and Education 15915 Wire Transfer Europe (including Iceland and Greenland) Research and Education 14861 Wire Transfer Europe (including Iceland and Greenland) Research and Education 12884 Wire Transfer Europe (including Iceland and Greenland) Research and Education 11380 Wire Transfer Europe (including Iceland and Greenland) Research and Education 8912 Wire Transfer Europe (including Iceland and Greenland) Research and Education 8912 Wire Transfer Europe (including Iceland and Greenland) Research and Education 7703 Wire Transfer Europe (including Iceland and Greenland) Research and Education 7546 Wire Transfer Europe (including Iceland and Greenland) Research and Education 6366 Wire Transfer Europe (including Iceland and Greenland) Research and Education 6366 Wire Transfer 15 6 Scholarships Europe (including Iceland and Greenland) 11438 75382530 BACS Doctoral Training Partnerships Europe (including Iceland and Greenland) 11333 63136495 BACS Placements and other PG training Europe (including Iceland and Greenland) 2387 6775038 BACS Hardship payments Europe (including Iceland and Greenland) 807 2369228 BACS Other student support Europe (including Iceland and Greenland) 2066 2596627 BACS Prize Funds Europe (including Iceland and Greenland) 1434 542152 BACS 0 1 1 0 1 0 Schedule F, Part I, Line 2 Scholarships are granted to students enrolled for graduate study at the University of Oxford. The scholarships normally comprise of tuition fees, college fees and a maintenance grant. The University pays the tuition fees and college fees directly from its accounts through the Finance Division to the colleges, which ensures they are used for their intended purpose. The University pays the student's maintenance termly, and each student must collect the first payment in person (with identification). Each student is required to write a report at the end of their first term of study and at the end of each academic year. This report details their academic activities and progress, and extra-curricular activities in which they are involved. The maintenance grant is used by the students to help with living costs. The amount of this grant is a recommended amount calculated by a committee of bursars and is based on average costs of rent and living costs. X X 1 1 X X X 0 0 0 1 1 1 1 0 0 Nigel Portwood Chief Executive of Oxford University Press 857380 0 310522 0 18973 0 0 0 0 0 1186875 0 0 0 Tim Fulton OUP - Chief Transformation Officer 544784 0 208347 0 15273 0 12696 0 0 0 781100 0 0 0 Fathima Dada OUP - Managing Director - Education 549672 0 160812 0 727 0 16204 0 0 0 727415 0 0 0 Giles Spackman Group Finance Director, OUP 502590 0 191300 0 16495 0 0 0 0 0 710385 0 0 0 Professor Louise Richardson Vice-Chancellor 622833 0 0 0 3789 0 0 0 0 0 626622 0 0 0 David Clark OUP - Managing Director - Academic 441832 0 157559 0 14509 0 3395 0 0 0 617295 0 0 0 Simon Mavin OUP - Global Sales & Intl Dev Director 426372 0 52071 0 10613 0 32056 0 0 0 521112 0 0 0 Prof Andrew Stephen Dep Dean - Faculty & Research, SBS 478676 0 0 0 2939 0 0 0 0 0 481615 0 0 0 Professor Gavin Screaton Head of the Medical Sciences Division 433304 0 0 0 0 0 0 0 0 0 433304 0 0 0 Simon Boddie Chief Financial Officer (from Oct 2021) 372411 0 0 0 0 0 0 0 0 0 372411 0 0 0 Professor David Gann Pro Vice Chancellor with portfolio 361847 0 0 0 0 0 0 0 0 0 361847 0 0 0 Dr David Prout Pro Vice Chancellor with portfolio 327676 0 0 0 0 0 0 0 0 0 327676 0 0 0 Gill Aitken Registrar 321556 0 0 0 0 0 0 0 0 0 321556 0 0 0 Professor Sam Howison Head of MPLS 280891 0 0 0 0 0 0 0 0 0 280891 0 0 0 Professor Chas Bountra Pro Vice Chancellor with portfolio 279078 0 0 0 0 0 0 0 0 0 279078 0 0 0 Professor Martin Williams Pro Vice Chancellor with portfolio 256321 0 0 0 0 0 0 0 0 0 256321 0 0 0 Professor Anne Trefethen Council Member/Pro Vice Chancellor with portfolio 231089 0 0 0 0 0 0 0 0 0 231089 0 0 0 Professor Patrick Grant Pro Vice Chancellor with portfolio 222337 0 0 0 0 0 0 0 0 0 222337 0 0 0 Mr Richard Ovenden Bodley's Librarian & Head of GLAM 198410 0 0 0 0 0 0 0 0 0 198410 0 0 0 Professor Timothy Power Head of the Social Sciences Division 190140 0 0 0 0 0 0 0 0 0 190140 0 0 0 Professor Daniel Grimley Head of the Humanities Division 189557 0 0 0 0 0 0 0 0 0 189557 0 0 0 Schedule J, Part I, Line 1a The role of Vice-Chancellor is required to reside in a property appropriate for undertaking University duties whilst in post. This living accommodation provided to the Vice-Chancellor, thus, gives rise to chargeable benefits. The Vice Chancellor also received private healthcare insurance, including a grossed up payment for the associated tax liability. Schedule J, Part I, Line 5 Nigel Portwood, Giles Spackman, Tim Fulton, Fathima Dada, Simon Mavin and David Clark were paid bonuses dependent on achievement of OUP's Group and Divisional objectives, sales, surplus, and cash conversion. Schedule J, Part I, Line 6 Nigel Portwood, Giles Spackman, Tim Fulton, Fathima Dada, Simon Mavin and David Clark were paid bonuses dependent on achievement of OUP's Group and Divisional objectives, sales, surplus, and cash conversion. X 1 387577 Appraisal X 82758 Appraisal X 169336 Appraisal X John Sayers Ocean Line Ephemera 1 14746 Appraisal X Estate of Walter Hooper 1 428865 Appraisal X Archive of Shirley Hughes 1 3035067 Appraisal 0 1 0 Form 990, Part VI, Section A, Line 4 During the financial year 1 August 2022 to 31 July 2023, the University made the following changes to its statutes: Statute V: References to St Benet's Hall, which closed on 30 September 2022, have been removed. Statute X: Following a 10-year review of the Employer Justified Retirement Age (EJRA); amendments have been made to the applicability to various members of staff. Schedule to the Statutes: Amendments to Parts 48, 65,67 and 69 were made to reflect the accession of King Charles III. Part 4 of the Schedule was amended to update the title of the Beit Professorship and to include research in the responsibilities of the professorship. All changes to statutes require the approval of Congregation. Regulations are amended on a regular basis and are too numerous to list here. Form 990, Part VI, Section A, Line 7a Congregation, the University's ultimate legislative body, is composed of virtually all academic staff and certain research support staff, administrators and librarians. Members of Congregation elect eleven members of Council and approve the appointment of the four external members of Council. Form 990, Part VI, Section A, Line 7b Congregation has responsibility for considering major policy issues submitted to it by Council or members of Congregation; elects members to certain University bodies, including Council; and approves changes to the University's statutes and regulations, which define the University's governance structure. Form 990, Part VI, Section B, Line 11b Once the University's financial statements have been signed off, a meeting is arranged with key finance/tax personnel to identify changes from the previous year's Form 990, identify changes in applicable law, agree methodology for gathering information and agree a timetable for completion and review of the Form 990. After information has been gathered, figures are prepared and reconciled to the financial statements. A review is done at this stage by key tax/finance staff to ensure accuracy and completeness. Prior to submission, a final review of the Form 990 is undertaken by key staff including the Head of Tax and the Group Tax Director on behalf of Council (the University's governing body). Form 990, Part VI, Section B, Line 12c The University has a conflict of interest committee, the remit of which includes ensuring that there are appropriate systems in place to promote and monitor compliance with the University's policy on conflict of interest. Committee secretaries are asked to draw the conflict of interest policy to the attention of their members on an annual basis and to remind committee members at each meeting of the requirement to declare any conflicts or potential conflicts. Form 990, Part VI, Section B, Line 15 The University has a committee to review the salaries of senior University officers. The committee includes three members who are external to the University, two members who are not employees of the University, and a member of the University whose role it is to uphold the University's statutes and policies throughout its governance and administration. This committee is responsible for setting and reviewing the remuneration of the Vice-Chancellor, Registrar, Pro-Vice-Chancellors, Heads of Division, and Director of Finance. The committee determines salaries on appointment and reviews remuneration biennially to ensure it remains appropriate. In setting senior remuneration packages the committee ensures fair (equitable), appropriate and justifiable levels of remuneration, taking account of: * the context in which the University operates and institutional performance within that context; * the remit and responsibilities of a role, and attributes required to undertake that role effectively; * the market rate in UK Universities for jobs of comparable scale and type. Benchmarking information is used and interpreted based on the scale, structure and ambition of the University. Where it is relevant the Committee may take account of evidence about the international market for comparable roles * factors in addition to the market rate which might lead to an adjustment to the salary, including: o the academic discipline of the individual; o their track record in academic and leadership roles; o internal relativities for jobs of comparable scale and type. The pattern of pay is checked against the relative size and complexity of the roles; and o retention and flight risk, where there is a clear and evidenced concern. Form 990, Part VI, Section C, Line 19 The University's governing documents can be found on the University website at https://governance.admin.ox.ac.uk/legislation/statutes. Financial statements are also available at https://www.ox.ac.uk/about/organisation/finance-and-funding?wssl=1. The University's conflict of interest policy, along with other ethical policies can be found at https://researchsupport.admin.ox.ac.uk/governance/integrity. Form 990, Part XI, Line 9 Net exchange rate gains - $287,841,011 Movement on pension liability - $111,901,044 Other changes in net assets - $2,483,098 Oxford Univ Dev (NA) Inc 500 Fifth Avenue 32nd Floor New York NY 10110 133497066 Fundraising NY 501(c)(3) 9 N/A 0 Oxford Endowment Fund King Charles House Park End Street Oxford Oxfordshire UK OX1 1JG 980680056 Funds Management UK 501(c)(3) 11a The Chancellor Master & Scholars of the University of Oxford 1 Oxford University Clinic LLP University Offices Wellington Square Oxford UK OX1 2JD Investment UK OUC Investments Ltd Excluded 0 41289 0 0 0 0.5 Warneford Park LLP University Offices Wellington Square Oxford UK OX1 2ET Project Development UK The Chancellor Master and Scholars of the University of Oxford Related 0 93632 0 0 0.5 Oxford University Innovation Limited University Offices Wellington Square Oxford UK OX1 2JD Research UK The Chancellor Master & Scholars of the University of Oxford C 5141074 53904874 1 1 Oxford University Innovation (Hong Kong) Limited Level 12 Infinitus Plaza 199 Des Voeuz Road Central Sheung Wang Hong Kong HK Research HK Oxford University Innovation Limited C 0 0 1 1 Oxford Limited University Offices Wellington Square Oxford UK OX1 2JD Retail UK The Chancellor Master & Scholars of the University of Oxford C 154007 382804 1 1 Oxford Mutual Limited University Offices Wellington Square Oxford UK OX1 2JD Insurance UK The Chancellor Master & Scholars of the University of Oxford C 0 6804399 1 1 Oxford Said Business School Limited University Offices Wellington Square Oxford UK OX1 2JD Education UK The Chancellor Master & Scholars of the University of Oxford C 2629838 25561029 1 1 Oxford University Endowment Management King Charles House Park End Street Oxford UK OX1 1JD Investment Management UK The Chancellor Master & Scholars of the University of Oxford C 9985708 58293462 1 1 Oxford University Fixed Assets Limited University Offices Wellington Square Oxford UK OX1 2JD Management UK The Chancellor Master & Scholars of the University of Oxford C 2712591 18914304 1 1 Oxford University Trading Limited University Offices Wellington Square Oxford UK OX1 2JD Retail UK The Chancellor Master & Scholars of the University of Oxford C 246806 151900 1 1 Gray Laboratory Cancer Research Trust Gray Laboratory Cancer Trust University Offices Wellington Square Oxford UK OX1 2JD Research UK The Chancellor Master & Scholars of the University of Oxford T 0 0 1 1 University of Oxford China Office Suite 4018 Cosco Tower 181-183 Queens Road HK Fundraising HK The Chancellor Master & Scholars of the University of Oxford C 0 -1278 1 1 Oxford Advanced Research Centres Limited University Offices Wellington Square Oxford UK OX1 2JD Management UK The Chancellor Master & Scholars of the University of Oxford C 779 -7793 1 1 Oxford Research South Africa Limited University Offices Wellington Square Oxford UK OX1 2JD Management UK The Chancellor Master & Scholars of the University of Oxford C 844 67606 1 1 OUC Investments Limited University Offices Wellington Square Oxford UK OX1 2JD Management UK The Chancellor Master and Scholars of the University of Oxford C 1831 24861 1 1 TOF Corporate Trustee Limited 27 Park End Street Oxford UK OX1 1HU Corporate Trustee UK Oxford University Endowment Management C 0 141721 1 1 Endowment Estates Limited 7 Albemarle Street London UK W1S 4HQ Investment company UK TOF Corporate Trustee Limited C 0 8405193 1 1 Ecosystem Capital Limited 27 Park End Street Oxford UK OX1 1HU Investment Company UK TOF Corporate Trustee Limited C 0 541862 1 1 Oxford University (Suzhou) Science & Tehnology Co Ltd 388 Ruo Shui Road Suzhou Industrial Park Jiangsu CH 215123 Research Activities CH Oxford Advanced Research Centres Ltd C 278376 34578409 1 1 Oxford in Berlin co Charite Intl Cooperation Chariteplatz 1 Berlin GM 10117 Management GM The Chancellors Master & Scholars of the University of Oxford T 226070 582335 1 1 OELT Ltd Great Clarendon Street Oxford UK OX2 6DP Publishing UK The Chancellor Master & Scholars of the University of Oxford C 0 4550478 1 1 Oxford Publishing Limited Great Clarendon Street Oxford UK OX2 6DP Publishing UK The Chancellor Master & Scholars of the University of Oxford C 5366538 84381330 1 1 Oxford Reference Limited Great Clarendon Street Oxford UK OX2 6DP Sale of online advertising UK The Chancellor Master & Scholars of the University of Oxford C 428424 767517 1 1 Oxford Information Limited Great Clarendon Street Oxford UK OX26DP Publishing UK The Chancellor Master & Scholars of the University of Oxford C 45 11088 1 1 Oxford University Press Espana SA Parque Empresarial San Fernando Edificio Atenas Esc A Planta 1a Madrid SP 28830 Publishing SP Oxford Publishing Ltd C 2525091 45818634 1 1 Oxford University Press Kabushiki Kaisha Tamachi Place 3F 4-17-5 Shiba Tokyo JA 108-8386 Publishing JA The Chancellor Master & Scholars of the University of Oxford C 253574 7917459 1 1 Oxford University Press (China) Ltd 39th Floor One Kowloon No 1 Wang Yuen Street Hong Kong HK Publishing HK The Chancellor Master & Scholars of the University of Oxford C 9919032 37645586 1 1 Oxford University Press (Shanghai) Ltd Rm 1201-1202 No 1305 Li Tong Plaza North Si Chuan Road Shanghai CH 200080 Publishing CH OUP (China) Limited C 0 0 1 1 Oxford University Press GmbH Markgraflerstrasse 2 Stuttgart GM 70329 Publishing GM Oxford Publishing Ltd C 27989 355282 1 1 Oxford University Press Mexico SA de CV Citi Center Piso 11 Insurgentes Sur Esquina Hermes y Mosqueta Mexico City MX 03940 Publishing MX Oxford Publishing Limited C 141704 10448310 1 1 Oxford University Press do Brasil Pub Lta Av Jaguare 818 Galpoes 30/31 cep 05346 000 Sao Paulo BR Publishing BR Oxford Publishing Limited C 644745 14050235 1 1 Oxford University Press East Africa Limited Upper Hill Elgon Road PO Box 72532-00100 Nairobi KE Publishing KE Oxford Publishing Limited C 0 10264748 1 1 Oxford University Press Tanzania Limited Plot 149 Mikocheni B Old Bagamoyo Road Dar Es Salaam TZ Publishing TZ The Chancellor Master & Scholars of the University of Oxford C 0 309491 1 1 Oxford University Press Southern Africa Pty Ltd Vasco Boulevard N1 City Goodwood Cape Town SF 7460 Publishing SF The Chancellor Master & Scholars of the University of Oxford C 1157305 14185979 1 1 Oxford Univeristy Press SA (Properties ) Ltd Vasco Boulevard N1 City Goodwood Cape Town SF 7460 Publishing SF The Chancellor Master & Scholars of the University of Oxford C 555281 3613701 1 1 Oxford Yayincilik Ltd Degirman Sok Nida Kule No 18 K 16 Kozyatagi Kadikoy Istanbul TU Publishing TU Oxford Publishing Limited C 723432 3897071 1 1 Dentingan Kejayaan Sdn Bhd 4 Jalan Pemaju Hicom-Glenmarie Industrial Park Shah Alam Selangor Darul Eh MY 40150 Publishing MY The Chancellor Master & Scholars of the University of Oxford C 0 1440228 1 1 Oxford University Press Argentina SA Edificio Central Park California 2082 Piso 3 Oficina Buenos Aires AR C1289ANN Publishing AR Oxford Publishing Ltd C 553429 5564215 1 1 Oxford University Press Lesotho (Proprietary) Limited Victoria Hotel Suite 211-212 Block B Kingsway Maseru 100 LT Publishing LT Oxford University Press Orbis Proprietary Limited C 0 86939 1 1 Oxford University Press Namibia (Proprietary) Limited Shop 48 Old Power Station Complex Armstrong Street Windhoek WA Pucblishing WA Oxford University Press Orbis Proprietary Limited C 95148 81683 1 1 Oxford University Press Pakistan (SMC-Private) Limited Number 38 Sector 15 Korangi Industrial Area PO Box 8214 Karachi PK 74900 Publishing PK Oxford Publishing Ltd C 6583735 40867244 1 1 Oxford University Press Orbis Proprietary Limited Vasco Boulevard N1 City Goodwood Cape Town SF 7460 Publishing SF Oxford Publishing Ltd C 1021881 2324869 1 1 1 1 1 1 1 0 0 0 0 1 1 1 0 1 1 1 1 0 0 Oxford Said Business School Limited r 500000 Oxford University conducts its exempt program activities worldwide directly and through a number of controlled entities around the World. In conducting its exempt program activities, it engages in frequent transactions with controlled entities on a daily basis. Due to the volume of transactions, it would be impractical to disclose all the transactions between entities.