Spring Martlet 2017
Spring Martlet 2017 V2
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>