2026-06-12T15:08:54+00:00 2025-07-31 135381590 BDO USA 8401 GREENSBORO DR STE 800 MCLEAN VA 221023599 990 2024-08-01 980335263 THE GATES CAMBRIDGE TRUST GATE 1223760623 BILL GATES SR HOUSE 17 MILL LANE CAMBRIDGE UK CB21RX Professor Eilis Ferran PROVOST 1223760623 2026-06-12 false TODD TERESCO P00247720 7038930600 2026-06-12 2024 2025-03-06 01:10:19Z Professor Eilis Ferran BILL GATES SR HOUSE 17 MILL LANE CAMBRIDGE UK CB21RX 18131000 false X www.gatescambridge.org X 2000 UK INTERNATIONAL SCHOLARSHIP PROGRAMME TO ENABLE OUTSTANDING STUDENTS FROM OUTSIDE THE UK TO STUDY AT THE UNIVERSITY OF CAMBRIDGE FUNDED BY THE GATES FOUNDATION. 10 10 10 36 1189582 1112107 45000 19000 0 0 17886000 18090000 18000 22000 17949000 18131000 14894000 14793000 0 0 585000 715000 0 0 0 700000 2114000 16179000 17622000 1770000 509000 466654000 479996000 19483000 15762000 447171000 464234000 The Bill and Melinda Gates Foundation donated $210 million to create in perpetuity an international scholarship programme to enable outstanding students (with leadership qualities and a desire to contribute to society) from outside the UK to study at the University of Cambridge. false false 14793000 14793000 0 Payment of scholarships and associated university composition fees to those selected as Gates Cambridge Scholars. 1136000 0 0 Expenses associated with events put on by the trust for scholars and for events run by the Gates Cambridge Scholar's Society. 15929000 true true false false false false false false false true true true false false false false true false false true true false true false false false false false false false false false false false false false false false false false false false false false false true false false false false true X 0 0 10 false true true true UK false false false false false false false false false false X 10 10 false false false false false true false true true false false false true true true true true true true true false false CA X DR JADE TRAN 1223760623 BILL GATES SR HOUSE 17 MILL LANE CAMBRIDGE UK CB21RX Dame Sally Davies Trustee 0.0 0.0 X 0 0 0 Dr Julia Fan Li Trustee 0.0 0.0 X 0 0 0 Dr Mimi Garner Gates Trustee Emerita 0.0 0.0 X 0 0 0 Lord Simon Woolley Trustee 0.0 0.0 X 0 0 0 Mr Timothy Harvey-Samuel Trustee 0.0 0.0 X 0 0 0 Mrs Tamsin Jame Trustee, Honorary Treasurer (AS OF 08/25) 0.0 0.0 X 0 0 0 Ms Amy Carter Trustee 0.0 0.0 X 0 0 0 Professor Bhaskar Vira Trustee 0.0 0.0 X 0 0 0 Professor Deborah Prentice Trustee 0.0 0.0 X 0 0 0 Professor Jonathan Holloway Trustee 0.0 0.0 X 0 0 0 Professor Usha Goswami Trustee 0.0 0.0 X 0 0 0 Dr Jade Tran Director of Finance and Operations 35.0 0.0 X 128767 0 0 Dr Regina Sachers Secretary 0.0 0.0 X 0 0 0 Professor Eilis Ferran Provost 17.5 0.0 X 103241 0 0 Dr Holly Tilbrook Program Director 35.0 X 0 0 0 232008 0 0 2 false false false 0 0 0 0 0 0 19000 0 19000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 18090000 0 1189582 16900418 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Other Revenue 22000 0 0 22000 0 0 0 0 0 0 0 0 0 0 0 0 22000 18131000 0 1189582 16922418 0 0 0 0 14793000 14793000 0 0 231000 0 231000 0 0 0 0 0 478000 0 478000 0 0 0 0 0 6000 0 6000 0 0 0 0 0 14000 0 14000 0 28000 0 28000 0 25000 0 25000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 44000 0 44000 0 29000 0 29000 0 95000 0 95000 0 0 0 0 0 268000 0 268000 0 0 0 0 0 0 0 0 0 177000 0 177000 0 0 0 0 0 0 0 0 0 163000 0 163000 0 0 0 0 0 Scholars room 23000 0 23000 0 Scholars activities 102000 102000 0 0 Interview 84000 0 84000 0 Alumni related 28000 0 28000 0 1034000 1034000 0 0 17622000 15929000 1693000 0 0 0 0 0 5000 0 11126000 8650000 0 0 3982000 203000 0 0 0 0 0 0 0 0 0 0 8453000 222000 8388000 8231000 0 0 443153000 462912000 0 0 0 0 0 466654000 479996000 19483000 15762000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 19483000 15762000 0 0 0 0 X 0 0 0 0 447171000 464234000 447171000 464234000 466654000 479996000 X 509000 17068000 0 0 0 -514000 X false true true false X X 1 University of Cambridge 526057705 2 true 15929000 0 1 15929000 0 true true false true true true false false false false false false false false false false false true false Schedule A, Part IV, Section A, Line 2 Supported Org. Without IRS Status 509(a)1 or (2) THE TRUST'S SUPPORTED ORGANIZATION IS THE UNIVERSITY OF CAMBRIDGE. THE UNIVERSITY OF CAMBRIDGE IS A COLLEGIATE PUBLIC RESEARCH UNIVERSITY IN CAMBRIDGE, ENGLAND. FOUNDED IN 1209, CAMBRIDGE IS THE SECOND OLDEST UNIVERSITY IN THE ENGLISH-SPEAKING WORLD AND THE WORLD'S FOURTH-OLDEST SURVIVING UNIVERSITY. THE UNIVERSITY OF CAMBRIDGE IS EQUIVALENT TO AN ORGANIZATION DESCRIBED IN SECTION 509(A)(1) BECAUSE IT MEETS THE REQUIREMENTS TO QUALIFY AS A SECTION 170(B)(1)(A)(II) EDUCATION INSTITUTION. THE UNIVERSITY OF CAMBRIDGE PRESENTS FORMAL INSTRUCTION OF INDIVIDUALS AS ITS PRIMARY FUNCTION: MAINTAINS A REGULAR CURRICULUM AND A REGULAR FACULTY OF QUALIFIED TEACHERS; HAS A REGULARLY ENROLLED BODY OF STUDENTS IN ATTENDANCE; HAS A PLACE WHERE EDUCATIONAL ACTIVITIES ARE REGULARLY CARRIED ON; AND HAS ADOPTED AND OPERATES PURSUANT TO A RADICALLY NON-DISCRIMINATORY POLICY AS TO STUDENTS. Schedule A, Part IV, Section A, Line 4b Org. Had Ultimate Control In Making Grants To Foreign Org. THE TRUST'S BOARD OF TRUSTEES MAINTAINS DOMINION AND CONTROL OVER ALL OF ITS FUNDS. THE TRUST IS ORGANIZED AND OPERATED TO CONDUCT A SCHOLARSHIP PROGRAM TO PERMIT FOREIGN INDIVIDUALS TO STUDY AT THE UNIVERSITY OF CAMBRIDGE. THE TRUST'S BOARD OF TRUSTEES AWARDS SCHOLARSHIPS TO COVER TUITION AND RELATED FEES TO ELIGIBLE STUDENTS ON THE BASIS OF INTELLECTUAL ABILITY, LEADERSHIP QUALITIES AND A DESIRE TO CONTRIBUTE TO SOCIETY THROUGHOUT THE WORLD. CANDIDATES APPLY FOR THE TRUST'S SCHOLARSHIPS BY SUBMITTING AN APPLICATION TO THE UNIVERSITY OF CAMBRIDGE BOARD OF GRADUATE STUDIES. CANDIDATES ARE SHORT LISTED BY RELEVANT ACADEMIC DEPARTMENTS AT CAMBRIDGE UNIVERSITY. SHORT-LISTED CANDIDATES ARE INTERVIEWED BY PANELS CONVENED BY THE TRUST CONSISTING OF ACADEMIC ASSESSORS IN THE US, THE UNITED KINGDOM AND OTHER COUNTRIES. THE SELECTION PANELS LOOK FOR QUALITIES OF ACADEMIC EXCELLENCE, LEADERSHIP POTENTIAL, AND A COMMITMENT TO COMMUNITY. CANDIDATES SELECTED THROUGH THE INTERVIEW PROCESS ARE THEN OFFERED SCHOLARSHIPS TO ATTEND THE UNIVERSITY OF CAMBRIDGE FOR PERIODS RELATING TO THE LENGTH OF THE COURSE WHICH THEY PLAN TO UNDERTAKE AT THE UNIVERSITY. WHILST THE UNIVERSITY OF CAMBRIDGE HAS THE RIGHT TO APPOINT ALL THE TRUSTEES OTHER THAN TWO TRUSTEES APPOINTED BY THE GATES FOUNDATION, THEREBY ESTABLISHING THE REQUISITE TYPE I SUPPORTING ORGANIZATION RELATIONSHIP BETWEEN THE UNIVERSITY AND THE TRUST, THE TRUST'S BOARD OF TRUSTEES CONTROLS DECISIONS ON ALL SCHOLARSHIP GRANTS THE TRUST AWARDS. THE TRUST'S BOARD OF TRUSTEES AND CONTROLS ALL DECISIONS CONCERNING EXPENDITURES IN SUPPORT OF THE SCHOLARSHIP PROGRAM, INCLUDING EXPENDITURES TO CARRY OUT EVENTS FOR SCHOLARSHIP RECIPIENTS, EXPENSES ASSOCIATED WITH HOSTING A SCHOLAR'S CENTRE AT BILL GATES SR. HOUSE AND OTHER PROGRAM EXPENSES. Schedule A, Part IV, Section A, Line 4c Org. Had Ultimate Control In Making Grants To Foreign Org. THE TRUST IS ORGANIZED AND OPERATED TO MAKE ACADEMIC SCHOLARSHIPS TO ELIGIBLE FOREIGN INDIVIDUALS TO PERMIT SUCH INDIVIDUAL TO STUDY AT THE UNIVERSITY OF CAMBRIDGE. AS PART OF THE SCHOLARSHIP PROGRAM, THE GATE CAMBRIDGE TRUST PROVIDED FULL COST SCHOLARSHIPS TO STUDENTS FOR STUDY AT THE UNIVERSITY OF CAMBRIDGE IN THE AMOUNT OF $15,929K FOR THE 2024-25 FISCAL YEAR, INCLUDING $7,412K ASSOCIATED ACADEMIC FEES. THE TRUSTTRANSMITS FEES, FOR EACH RECIPIENT DIRECTLY TO ASSOCIATED COLLEGES TO BE APPLIED TOWARD THE COST EACH STUDENT'S COURSE OF STUDY AT THE UNIVERSITY OF CAMBRIDGE. THE TRUST ALSO MAKES EXPENDITURES IN CONNECTION WITH THE SCHOLARSHIP PROGRAM FOR THE BENEFIT OF RECIPIENTS, INCLUDING SPONSORING EVENTS FOR SCHOLARSHIP RECIPIENTS (SUCH AS SYMPOSIA AND PROFESSIONAL DEVELOPMENT). THE TRUST PROVIDES MEETING, WORKING AND NETWORKING SPACE FOR SCHOLAR AT SCHOLAR'S CENTRE AT BILL GATES SR. HOUSE. THE ASSOCIATED EXPENDITURE EQUATED TO $102K AND SCHOLAR'S CENTRE EXPENDITURE EQUAL TO $23K FOR THE 2024-25 FISCAL YEAR. ALL OF THE TRUST'S EXPENDITURES STUDYING AT CAMBRIDGE UNIVERSITY, CONSISTENT WITH SECTION 170(C)(2)(B) PURPOSES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 447171000 0 33652000 14793000 338000 1458000 464234000 428949000 0 34401000 14894000 411000 874000 447171000 412830000 0 30847000 13685000 223000 820000 428949000 463713000 0 -37902000 12146000 100000 735000 412830000 362274000 0 114432000 12296000 19000 678000 463713000 1.0 false false 3503000 40000 3463000 4040000 46000 3994000 593000 98000 495000 317000 38000 279000 8231000 462690000 F Closely-held equity interests 462690000 F Financial derivatives Private Equity/Venture Capital 222000 F 462912000 35199000 17068000 0 17068000 18131000 0 0 18131000 17622000 0 0 17622000 0 0 17622000 Schedule D, Part VII INVESTMENT - Cambridge University Endowment Fund Book value (FMV) = 462,690,000 Schedule D, Part VII INVESTMENT - PE/Venture Capital Book value (FMV) = 222,000 true Europe (Including Iceland and Greenland) 1 10 Grantmaking NONE 14793000 1 10 0 0 1 10 14793000 0 14793000 SCHOLARSHIPS, FEES, ETC Europe (Including Iceland and Greenland) 257 14793000 BANK TRANS false false false false false false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds THE GATES CAMBRIDGE TRUST MAKES AWARDS TO SCHOLARS OF OUTSTANDING ACADEMIC MERIT AND LEADERSHIP POTENTIAL FROM ANY COUNTRY AROUND THE WORLD (EXCEPT THE UK) WHO ARE COMMITTED TO IMPROVING THE LIVES OF OTHERS AND WHO GAIN ADMISSION TO THE UNIVERSITY OF CAMBRIDGE. AWARDS ARE WIDELY ADVERTISED ON THE TRUST WEBSITE AND IN THE UNIVERSITY OF CAMBRIDGE LITERATURE. CANDIDATES APPLY TO THE UNIVERSITY OF CAMBRIDGE THROUGH ITS BOARD OF GRADUATE STUDIES. CANDIDATES ARE SHORT-LISTED BY THE RELEVANT ACADEMIC DEPARTMENTS IN CAMBRIDGE. SHORT-LISTED CANDIDATES ARE THEN INTERVIEWED BY PANELS CONVENED BY THE TRUST CONSISTING OF ACADEMIC ASSESSORS IN THE US, THE UK AND OTHER COUNTRIES. THE SELECTION PANELS LOOK FOR QUALITIES OF ACADEMIC AND LEADERSHIP POTENTIAL AND COMMITMENT TO THE COMMUNITY. SUCCESSFUL CANDIDATES SELECTED BY THE INTERVIEW PROCESS ARE OFFERED THE SCHOLARSHIPS FOR PERIODS RELATING TO THE LENGTH OF THE COURSE WHICH THEY PLAN TO UNDERTAKE AT CAMBRIDGE. Form 990, Part VI, Line 15 a&b COMPENSATION ARRANGEMENTS FOR THE PROVOST AND THE DIRECTOR OF FINANCE AND OPERATIONS ARE APPROVED IN ADVANCE BY THE BOARD OF TRUSTEES BASED UP COMPENSATION RECOMMENDATIONS MADE BY THE TRUST'S REMUNERATION COMMITTEE. IN MAKING INITIAL COMPENSATION DETERMINATIONS, THE REMUNERATION COMMITTEE OBTAINS APPROPRIATE AND RELIABLE COMPARABILITY DATA REGARDING REMUNERATION PAID BY THE UNIVERSITY OF CAMBRIDGE FOR SENIOR ACADEMIC APPOINTMENTS AND INFORMATION CONCERNING COMPENSATION LEVELS PAID BY SIMILAR ORGANISATIONS FOR COMPARABLE POSITIONS. FINAL COMPENSATION DETERMINATIONS ARE MADE BY THE BOARD OF TRUSTEES. IN MAKING FINAL COMPENSATION DETERMINATIONS, THE BOARD OF TRUSTEES CONTEMPORANEOUSLY DOCUMENTS THE BASIS FOR THE COMPENSATION DETERMINATIONS IN ITS MEETING MINUTES, INCLUDING THE COMPARABILITY DATA RELIED UPON. NO MEMBER OF THE BOARD OF TRUSTEES OR THE REMUNERATION COMMITTEE WHO HAS AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST WITH RESPECT TO ANY COMPENSATION DETERMINATION IS PERMITTED TO PARTICIPATE IN AND/OR TO BE PRESENT FOR ANY VOTE REGARDING THE COMPENSATION DETERMINATION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body The University of Cambridge appoints all trustees apart from two nominated by the Gates Foundation. Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 is approved by the Trustees at the board meeting prior to filing with the IRS. Moreover, the Form 990 was independently reviewed by qualified advisors prior to consideration by trustees. Form 990, Part VI, Line 12c Conflict of interest policy TRUSTEES, OFFICERS AND EXECUTIVE EMPLOYEES RECEIVE A COPY OF THE TRUST'S CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. SUCH INDIVIDUALS ARE REQUIRED TO CERTIFY EACH YEAR THAT THEY HAVE READ AND UNDERSTOOD THE TRUST'S CONFLICT OF INTEREST POLICY AS WELL AS TO MAKE CERTAIN DISCLOSURES ON THE ANNUAL CONFLICT QUESTIONNAIRE. THE COMPLETED QUESTIONNAIRES ARE MAINTAINED BY THE TRUST FOR REFERENCE THROUGHOUT THE YEAR AT TRUSTEE/COMMITTEE MEETINGS AND OTHERWISE AS NEEDED. TRUSTEES, OFFICERS AND EXECUTIVE EMPLOYEES ARE ALSO REQUIRED TO PROMPTLY DISCLOSE ALL MATERIAL FACTS OF ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST THAT ARISES DURING THEIR TENURE. IN ADDITION, TRUSTEES AND OFFICERS ARE ASKED TO DISCLOSE ACTUAL OR POTENTIAL CONFLICTS OF INTEREST PRIOR TO ALL MEETINGS OF THE BOARD OF TRUSTEES OR COMMITTEES. Form 990, Part VI, Line 19 Required documents available to the public Documents, including the trust deed, conflict of interest policy and financial statements are available upon request. Form 990, Part XI, Line 9 OTHER CHANGES IN THE NET ASSETS RELATES TO A SHIFT IN THE EXCHANGE RATE BETWEEN GBP (IN WHICH THE TRUST'S ASSETS ARE DENOMINATED) AND THE US DOLLAR. THE GATES FOUNDATION DONATED $210 MILLION TO CREATE IN PERPETUITY AN INTERNATIONAL SCHOLARSHIP PROGRAMME TO ENABLE OUTSTANDING STUDENTS (WITH LEADERSHIP QUALITIES AND A DESIRE TO CONTRIBUTE TO SOCIETY) FROM OUTSIDE THE UK TO STUDY AT THE UNIVERSITY OF CAMBRIDGE. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Other changes in net assets or fund balances - -514000; Total - -514000; The University of Cambridge The Old Schools Cambridge UK 526057705 Higher Education UK 501(c)(3) 2 false false false false false false false false false false false true false false false false false false true false