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RAE Annual review - Cover - Royal Academy of Engineering

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<strong>Academy</strong> funding<br />

Sources <strong>of</strong> income and destination <strong>of</strong> expenditure<br />

Annex to the <strong>Annual</strong> Review<br />

Contents<br />

For the financial year ended 31 March 2012<br />

£ million<br />

Sources <strong>of</strong> income<br />

2011<br />

£ million<br />

Grants 11.9 12.6<br />

Contracts 4.5 4.3<br />

Gifts and donations 2.9 2.3<br />

Investment income 0.9 0.9<br />

Other income 0.7 0.7<br />

20.9 20.8<br />

Destination <strong>of</strong> expenditure<br />

Charitable activities:<br />

– engaging effectively with the public 3.4 3.0<br />

– attracting more people into engineering 3.5 3.2<br />

– enhancing the contribution <strong>of</strong> engineering 9.7 10.8<br />

– developing the <strong>Academy</strong> 0.8 0.9<br />

Costs <strong>of</strong> generating funds and governance costs 0.3 0.4<br />

17.7 18.3<br />

Third party support attracted to<br />

<strong>Academy</strong> programmes * 33.9 39.7<br />

<strong>Academy</strong> income<br />

£ million<br />

70.0<br />

60.0<br />

50.0<br />

40.0<br />

30.0<br />

20.0<br />

10.0<br />

0.0<br />

2003/04<br />

2004/05<br />

2005/06<br />

2006/07<br />

Numbers are rounded to £0.1 million<br />

2007/08<br />

2008/09<br />

2009/10<br />

2010/11<br />

* Note: Third party income arises from<br />

donors who agree to support <strong>Academy</strong><br />

projects but make contributions directly<br />

to those projects without passing<br />

through the <strong>Academy</strong>’s books. Although<br />

these funds are not under the direct<br />

control <strong>of</strong> the <strong>Academy</strong> they would<br />

not have become available without the<br />

involvement <strong>of</strong> the <strong>Academy</strong>.<br />

2011/12<br />

Recent trends in the<br />

level <strong>of</strong> <strong>Academy</strong> activity<br />

Third party support<br />

Direct income<br />

Fellows elected in 2011 . . . . . . . . . . . . . . . . . . . . . . . 28<br />

Honorary Fellows . . . . . . . . . . . . . . . . . . . . . . . . 28<br />

Fellows . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28<br />

International Fellows . . . . . . . . . . . . . . . . . . . . . . 29<br />

Council . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30<br />

<strong>Academy</strong> Standing Committees . . . . . . . . . . . . . . . . . 31<br />

<strong>Academy</strong> Awards . . . . . . . . . . . . . . . . . . . . . . . . . . 34<br />

<strong>Academy</strong> Staff . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35<br />

Grants, Fellowships and Programmes . . . . . . . . . . . . . . 36<br />

Ingenious public engagement awards. . . . . . . . . . . . 36<br />

Research exchanges with China<br />

and India . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37<br />

Research Chairs . . . . . . . . . . . . . . . . . . . . . . . . . . 39<br />

Research Chair in Emerging Technologies . . . . . . . . . 40<br />

Senior Research Fellowships . . . . . . . . . . . . . . . . . 40<br />

Leverhulme Trust Senior<br />

Research Fellowships . . . . . . . . . . . . . . . . . . . . . . 41<br />

Daphne Jackson Trust Fellowships . . . . . . . . . . . . . . 41<br />

<strong>RAE</strong>ng/EPSRC Research Fellowships . . . . . . . . . . . . . 41<br />

<strong>RAE</strong>ng/Ministry <strong>of</strong> Defence<br />

Research Fellowship . . . . . . . . . . . . . . . . . . . . . . . 44<br />

<strong>Engineering</strong> Enterprise Fellowships . . . . . . . . . . . . . 44<br />

Distinguished Visiting Fellowships . . . . . . . . . . . . . . 44<br />

Industrial secondment scheme . . . . . . . . . . . . . . . . 46<br />

Visiting Pr<strong>of</strong>essors in Principles <strong>of</strong><br />

<strong>Engineering</strong> Design scheme . . . . . . . . . . . . . . . . . 47<br />

Visiting Pr<strong>of</strong>essors in <strong>Engineering</strong><br />

Design for Sustainable Development . . . . . . . . . . . . 47<br />

Visiting Pr<strong>of</strong>essors in Integrated<br />

Systems Design . . . . . . . . . . . . . . . . . . . . . . . . . . 47<br />

Visiting Pr<strong>of</strong>essors in Design<br />

and Innovation . . . . . . . . . . . . . . . . . . . . . . . . . . 47<br />

Visiting Pr<strong>of</strong>essors in Building<br />

<strong>Engineering</strong> Physics . . . . . . . . . . . . . . . . . . . . . . . 48<br />

National Nuclear<br />

Laboratory/<strong>RAE</strong>ng Visiting<br />

Pr<strong>of</strong>essors in Nuclear <strong>Engineering</strong> . . . . . . . . . . . . . . 48<br />

Commercial Education Trust/<strong>RAE</strong>ng<br />

Visiting Pr<strong>of</strong>essors in Sustainable<br />

Wealth Creation. . . . . . . . . . . . . . . . . . . . . . . . . . 48<br />

Visiting Teaching Fellows . . . . . . . . . . . . . . . . . . . . 48<br />

Metaswitch/<strong>Royal</strong> <strong>Academy</strong> <strong>of</strong><br />

<strong>Engineering</strong> Visiting Teaching Fellows . . . . . . . . . . . . 48<br />

Shell/<strong>Royal</strong> <strong>Academy</strong> <strong>of</strong> <strong>Engineering</strong><br />

Visiting Teaching Fellows . . . . . . . . . . . . . . . . . . . . 48<br />

Sainsbury Management Fellowships<br />

in <strong>Engineering</strong> . . . . . . . . . . . . . . . . . . . . . . . . . . 49<br />

<strong>Engineering</strong> Pr<strong>of</strong>essional<br />

Development Awards . . . . . . . . . . . . . . . . . . . . . . 49<br />

Petr<strong>of</strong>ac Fellowships for the<br />

Enhanced Graduate Engineer . . . . . . . . . . . . . . . . . 50<br />

Exxonmobil Excellence in<br />

<strong>Engineering</strong> Teaching Awards . . . . . . . . . . . . . . . . 50<br />

National Nuclear Laboratory/<strong>Royal</strong><br />

<strong>Academy</strong> <strong>of</strong> <strong>Engineering</strong> Visiting<br />

Teaching Fellows . . . . . . . . . . . . . . . . . . . . . . . . . 50<br />

Sir Robert Malpas Bursaries . . . . . . . . . . . . . . . . . . 50<br />

Panasonic Trust Presentation Prize . . . . . . . . . . . . . . 50<br />

Panasonic Trust Fellowships . . . . . . . . . . . . . . . . . . 51<br />

Hertha Marks Ayrton Fellowship . . . . . . . . . . . . . . . 51<br />

Sir Angus Paton Bursary . . . . . . . . . . . . . . . . . . . . 51<br />

Comino Foundation/<strong>Royal</strong> <strong>Academy</strong><br />

<strong>of</strong> <strong>Engineering</strong> Research Student<br />

Development Fellowship . . . . . . . . . . . . . . . . . . . 51<br />

Ove Arup Foundation/<strong>Royal</strong> <strong>Academy</strong><br />

<strong>of</strong> <strong>Engineering</strong> Visiting Teaching Fellows . . . . . . . . . . 51<br />

Queen Elizabeth Prize Judges . . . . . . . . . . . . . . . . . . 51<br />

Development and fundraising . . . . . . . . . . . . . . . . . . 53<br />

Campaign Board . . . . . . . . . . . . . . . . . . . . . . . . . 53<br />

The <strong>Royal</strong> <strong>Academy</strong> <strong>of</strong> <strong>Engineering</strong><br />

Development Appeal . . . . . . . . . . . . . . . . . . . . . . 54<br />

Contributors to education and<br />

engagement programmes . . . . . . . . . . . . . . . . . . 56<br />

26 27

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