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Spring Martlet 2017

Spring Martlet 2017 V2

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Univ’s 20/20 Campaign<br />

Message<br />

from the<br />

Master<br />

In 2006 the College launched an ambitious<br />

ten year campaign to re-endow the College.<br />

The target was £55m for the purposes of<br />

consolidating the tutorial system through<br />

the endowment of fellowships, providing<br />

bursaries for undergraduates from<br />

low-income households, establishing full<br />

scholarships for graduates and maintaining<br />

the fabric of the College buildings. To the<br />

best of our knowledge no other Oxford<br />

college aimed so high. I am delighted<br />

to report that the College closed the<br />

campaign in September 2016 having met,<br />

indeed slightly exceeded, its target.<br />

20/20 CAMPAIGN OBJECTIVES<br />

• To raise £55m by 2016<br />

• To consolidate the tutorial system through endowment of fellowships<br />

• Providing bursaries for undergraduates from low-income households<br />

• Establishing full scholarships for graduates<br />

• Maintaining the fabric of the College buildings<br />

This has been a wonderful achievement<br />

by Univ’s community of Old Members.<br />

Altogether 4,628 Old Members made<br />

a gift during the ten-year campaign, and<br />

most gave frequently and regularly. The<br />

proportion who made a contribution in any<br />

one year steadily rose over the ten years<br />

and reached 35% by 2015. By the end of<br />

the campaign, the Annual Fund attracted<br />

well over £1m a year in gifts. No other<br />

college in Oxford or Cambridge has raised<br />

funds on the same scale with such regularity.<br />

A special debt of appreciation is owed<br />

to a small group of benefactors, largely<br />

anonymous, who provided ‘challenge<br />

funding’, committing themselves to match<br />

contributions made by Old Members<br />

to the Annual Fund and to our Radcliffe<br />

Graduate Scholarship Fund. This proved a<br />

powerful incentive to prospective donors.<br />

We are particularly grateful, too, to the<br />

Old Members who organised our annual<br />

Golden Anniversary appeals to those who<br />

matriculated 50 years earlier.<br />

The £55m raised by the campaign has<br />

enabled Univ to withstand the political<br />

and economic vagaries of the past decade<br />

and fulfil its fundamental purpose: to<br />

admit exceptionally able and committed<br />

students, irrespective of their financial<br />

circumstances, and expose them to an<br />

intellectually stretching education through<br />

the tutorial system. Three major benefits<br />

made possible by the campaign make the<br />

point. The College can now immediately<br />

fill vacancies in the tutorial fellowship<br />

even when, as happens quite often, the<br />

University fails to make its financial<br />

contribution for a few years. Our bursary<br />

scheme has been built up to ensure that<br />

undergraduates whose household income<br />

falls below £52,000 a year do not have to<br />

rely on any parental contribution to meet<br />

their living costs at Oxford. The number<br />

of fully funded and endowed graduate<br />

scholarships offered by the College has<br />

increased from 4 in 2006 to 35 in 2016,<br />

the largest number of any mixed college.<br />

The College is deeply grateful to its Old<br />

Members and Friends for their generosity<br />

and loyalty.<br />

Sir Ivor Crewe<br />

Master<br />

46 THE MARTLET | SPRING <strong>2017</strong>

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