125th anniversary campaign donors’ report
From the Principal Thank you for your generous support. It has been 125 years since Mansfield first burst onto the Oxford scene and my how things have changed. What was once a theological College dedicated to the training of Nonconformist ministers has become, over time, a place of study to students from all over the UK and around the world, with interests spanning the arts and sciences. Mansfield also continues to be a home away from home for our undergraduate and doctoral students during their three years in Oxford, and for many others, the year spent in College as a Visiting or Master’s Student has proved to be equally transformative and memorable. It is this ethos of inclusion that continues to make our College so special – holding our gates open to the best and brightest from all social backgrounds. The generosity of our donors is what makes it possible for us to do the outreach and access work that gives so many young people this lifechanging opportunity. Indeed, today’s students are tomorrow’s alumni and, as this report shows clearly, without the support and generosity of our alumni and friends Mansfield would be unable to build on the lofty aspirations of its founders, nor would it be able to start increasing the College’s profile both inside and outside of Oxford.
2
As many of you will know, the past four years have been particularly turbulent for UK Higher Education and the full effect of the recent changes in Government funding and increased tuition fees remains unknown. Generating financial support for our students, maintaining the tutorial system and indeed, Mansfield itself, remain key priorities. Thanks to the donations we have received for our Annual Fund and Tutorial Fellowships we are better able to meet the demands in these critical areas going forward. I hope that you will find the information contained in this report useful and informative. The 125th Anniversary Campaign was the first year-on-year fundraising drive in Mansfield’s history and, as you will see in the pages to follow, it has enabled the College to remain in a position to deliver on its important social mission. We are incredibly grateful for the support we have received and I would like to thank especially those who have helped us again as we begin to look beyond this important milestone in the College’s history and towards a very bright and exciting future.
3
financial context
College Expenditure Putting the 125th Anniversary Campaign into Financial Context Steve Waterman, Bursar
The 125th Anniversary Campaign has been enormously important to Mansfield: both in terms of the money it raised over the past four years and because of the reserve income it enabled the College to build up; reserves which will now enable us to proceed with some major capital expenditure at the College for the benefit of future students. To better understand the success of the Campaign and the College’s overall financial picture it is worth saying a little more about Mansfield’s present financial position, and how this has changed over the last four years. It is generally well-known that Mansfield, because of its relative youth and the nature of its original foundation, is not a wealthy College. Despite significant growth over the last 10 years, the level of endowment (currently around £10,000,000) is the lowest of any other College, save for our neighbours Harris Manchester. In terms of endowment per student, however, Mansfield’s continues to be the lowest. This has a few significant consequences for the College: firstly, while most other Colleges can expect to receive a healthy 30-40% of their total annual income from endowment dividends or other investment income, Mansfield only receives around 10% of its total annual income from the endowment. Mansfield is also more reliant than other colleges
4
on developing alternative sources of income for balancing the books. In particular, we depend heavily on the income we receive from conferences and other events such as weddings and commercial bookings. Over the past decade our conference income has grown from around £200k to £500k per annum. Finally, of course, income from fundraising is crucially important, either for Annual Fund purposes or for growing the College’s endowment. At the same time, student fee income and the grants provided from HEFCE (which are routed through the University) have not in recent years kept pace with inflation. Over the last two years, in fact, we have experienced actual cash decreases from these sources. As with other colleges Mansfield continues to derive a significant amount of its income from student charges (rents and meal charges), although in this area we have striven simply to keep pace with inflation rather than trying to ‘profit’ from these sources of incomes. As a result, we continue to have a very high demand for College meals and College-provided accommodation.
Our financial position means that we must constantly keep our costs under review and one of the ways we gauge how we are doing in this area is by taking part in the annual Oxford colleges financial benchmarking surveys. It is a source of pride for us that these surveys regularly show Mansfield to be among the best both in efficiency and in the cost effectiveness of its operations. Donations to the College have played a vital part in helping us ensure we can meet the annual expenditures associated with pursuing our institutional mission. These donations have been used for a variety of different purposes over the last few years. For those that have given for specific academic posts, this income has been invested in order to help ensure that these posts will be able
to continue in perpetuity. Other donations have allowed us to increase the resources available for Mansfield’s current and future students: student hardship and bursaries, a planned rolling programme of maintenance and redecoration for student rooms and other improvements to the College environment. Philanthropic income has also enabled us to maintain levels of expenditure across the board, despite a real terms decrease in HEFCEderived income, ensuring that we do not have to make cuts to the JCR and MCR budgets or reduce the provision elsewhere in the College. From the accounts I have selected a few key figures which highlight some of the financial changes that have taken place over the last four years.
2010-11
2007-08
Income
£3,719,878
£3,475,000
Expenditure
£3,571,746
£3,288,000
Depreciation
£145,811
£182,000
Surplus
£2,321
£5,000
‘HEFCE grant’ and fees
£1,133,328
£1,143,000
Rents and meal charges
£902,000
£858,000
Conference income
£500,000
£464,000
Grants and donations
£686,000
£559,000
Endowment total
£10,288,000
£9,132,000
Total net assets
£16,444,000
£14,005,000
Staff costs
£2,300,000
£2,139,000 5
Capital Projects I am also happy to say that the success of the 125 Campaign will soon have an even more tangible impact on the College. Over the past four years, Annual Fund income has started to accumulate at a level where we are now in a position to take forward some much needed capital improvements. The first of these projects is the construction of a new purpose-built kitchen to the rear of the College. This facility will provide service to the Chapel for banqueting purposes and the existing hall for formal dinners. It will also allow us to create a new student canteen, bar and patio area which will be created from the existing basement kitchen area. The amount now available for this project stands at £2.4M, most of which has been built up over the four year period of the 125th Anniversary Campaign. A similar further amount is needed to fully fund the
6
Campaign project, but with the funds raised to-date as well as a long-term loan, we will be able to complete this essential new facility for the College within the next two years.
Finally, the College has begun looking at larger projects to provide some much needed refurbishments to the fabric of the College, especially the College Chapel roof, ceiling and floor.
Beyond the new kitchens and dining areas, we will also proceed to construct a new building alongside Love Lane with space for 78 student bedrooms and other multi-purpose facilities. Funding for this project is currently being sought in conjunction with the University, to explore the opportunity of using some of the space within the new building for the establishment of a Brazilian Studies Centre.
The costs associated with this refurbishment are significant and the College has started approaching a variety of trusts and foundations about supporting these important parts of our heritage and helping us restore them to their former glory. Some of the funds generated from the 125th Anniversary Campaign are already being put to use in this area and the commitment shown by our friends and alumni will be a crucial component in attracting outside organisations to help us.
Images of both of these transformational projects are available from the College website and also from Rick Mather Architects www.rickmather.com/ practice#/project/love_lane_building
The 125th Anniversary Campaign: Philanthropic Income Breakdown Justin B. Jacobs, Deputy Development Director
Overview of the 125 Campaign In 2007 the College set out on an ambitious campaign to raise philanthropic income in the lead-up to its 125th Anniversary in 2011. Despite the economic turbulence over the past four years, the Campaign received 607 separate donations totalling just over £1.4M in unrestricted gifts to the College’s greatest area of need: the Annual Fund. Looking at the donors to the Campaign reveals a base of support drawn largely from the generosity of Mansfield’s alumni but with additional gifts being made by parents and other friends of the College. The alumni giving figure of 482 produces an overall Campaign participation figure of 13% (based on our current contactable alumni total of 3,700). The average participation rate across all Oxford colleges during this same period was 14.2% (with an average contactable alumni total of around 5,100).
Gifts to the Campaign came from alumni and friends located around the world: Austria Australia Canada Cyprus Finland France Georgia Germany Greece Hong Kong Indonesia Malta The Netherlands People’s Republic of China Republic of Ireland Russian Federation Singapore Sri Lanka Switzerland UAE UK USA
7
Annual Fund Donations The lion’s share of donations to the 125th Anniversary Campaign were made to the College’s Annual Fund, the fund responsible for ensuring that the College has the annual income required to meet its expenditure levels in three key areas: student support, tutorial teaching and the overall college environment. As the Bursar has already noted in his report, these three areas are protected by the unrestricted designation of Annual Fund donations: they can be used to fill any gaps that may appear in the operations budget, they can be invested to build up endowment or they can provide a ready supply of income to a particular area when required. Because Mansfield’s endowment generates far less income than any other Oxford college, unrestricted philanthropic income is vital to ensuring the College has the funds it needs to provide for its students and staff.
Giving Club
Monthly Annual Pledge Pledge
Total Pledge
Total Pledge + Gift Aid*
Mansfield 500
£32.50
£390
£1,560
£2000.07
Although the primary focus of the 125 Campaign was to generate a reliable month-to-month income stream for the Annual Fund, during this period Mansfield also received donations from alumni and friends that helped support specific areas of the College. Taken alongside the overall Annual Fund figure of £1.4M these funds contributed an additional £330K in philanthropic income.
Mansfield Patrons
£125
£1,500
£6,000
£7692.60
Total Philanthropic Income 2007-2011
£15,000
£60,000
£76,926
Mansfield Guardians £1,250
Academic Fellowships
* From 2008 until April 2011 Gift Aid-eligible donations increased by 28% of the total amount donated due to the addition of temporary transitional relief. From April 2011 onwards Mansfield has claimed an additional 25% of the total donated on all Gift Aid-eligible donations. The figure above calculates the total value of each pledge prior to this change.
8
125th Anniversary Annual Fund College Environment( incl Chapel Fund) Individual/Subject Prizes Access Bursaries/Hardship Principal/Walford Fund
150000
Adam Von Trott Scholarship
Apart from the tutorial system and specific subjects taught at Mansfield, access work continues to be a central pillar of Mansfield’s mission. We are already the college with the highest proportion of students from the state sector and we are are committed to helping widen participation to Oxford amongst the most able students from the poorest backgrounds. We have had some very generous donations over the past few years to help us in this work and we will continue to rely on the goodwill of our alumni to help us increase this important aspect of the College.
100000
50000
0
As part of the 125 Campaign donors were asked to contribute primarily to the Annual Fund either via single donations or by making a monthly or annual pledge over four years. This asking was done in numerous ways: Annual Fund mailings, face-to-face meetings, Gala dinner auctions and from 2009 onwards, through a University-partnered Telethon. To help identify donors, provide stewardship and to better track Campaign income and progress, three main giving clubs were established:
Donations
Non-Annual Fund Donations
2007/8 Mansfield 500 Patrons Gurdians
2008/9
2009/10
2010/11
Over the four year Campaign these three giving clubs generated £972K for the College’s Annual Fund, while Supporter level, other regular gifts and one-off donations generated nearly £145K.
Outside of donations to the Annual Fund and our Access work, donors also showed a willingness to give back to many of Mansfield’s subject-specific fellowships. These funds play a vital role in ensuring that the College is able to retain and bring in world-class academic talent. With government cuts to Higher Education funding arriving, the College uses these funds to ensure that posts do not become frozen, such as our Economics Fellowship will be following the retirement of Antoni Chawluk next year. Giving towards Mansfield’s academic fellowships over the length of the 125th Anniversary Campaign reveals a desire among some donors to give towards their specific subject area, with Theology and Geography receiving comparatively strong levels of support. We are incredibly grateful for this support because it ensures that our students continue to receive the best education possible during their time in College by hiring and retaining academic talent.
Theology (incl G.B. Caird Fund) English Geography Law Maths History Philosophy Politics Economics
9
Mansfield College is very grateful to all those who have contributed to the 125th Anniversary Campaign and it is our pleasure to recognise our supporters below.
Thank you 1938 1940 1942 1947 1948 1949 1950 1951 1952 1953 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965
10
Revd Dr David Davies Evelyn Turton Revd Geoffrey Beck Vernon L. Thomas Prof. Lothar Schreiner Kenneth Sears Revd David Stapleton Revd Donald Schofield Revd Emyr Evans Revd Dr John Bradshaw Revd Dafydd Davies Revd William Brown Revd Roger Tomes Revd Jeffrey Plowman (In memoriam) Revd David Allen Revd Alan Dunstone Walter Hartwell Helen Wickham Revd Barry Parker Michael Walton Revd Noel Shepherd Revd Dr Jack McKelvey Revd Dr Roger Scopes Dr Alfred Davies Revd Everett Davies Nicholas Mason Gerald Rigg Prof. Robert Adams Revd Dr Brian Wren Revd Peter Moth Revd Viktor Andersson George Carcagno Revd Tony Coates Revd Robert Blows Anonymous Revd Donald Rudalevige Revd Geoffrey Roper Revd John Walker Michael Burman Andrew Daykin Dr Brian Seaton Chris Horrocks Dr David Rhoads Revd Dr Jerry Folk John Whitley Robert Porrer Robert Lock Dr Victor Matthews Revd Dr William Rusch Adrian C Hall Anthony Lunch Iain Miller Roger Rees Revd Albert Alspach Dr Carl Stockton Dr Fisher Humphreys Prof. Jeff Hearn John Moulton Keith Lock
1966 1967 1968 1969 1970 1971 1972 1973 1974 1975
Revd Dr Noel Davies Bob Skelly Revd Dr Thomas Best Antony Thomas Dr Carl Viehe Glenn Yocum The Hon. Paul Worsley Revd Dr Peter Jupp Revd Richard McLaren Revd Arthur Pedersen Gregory Bowden Revd HP Albright Revd J Graham Stephenson Peter Johnson Philip Smith William Sessions Geoffrey Bott Revd Prof. John Nielsen Michael Harris Gregory Shaffer Kathryn Compston Peter Wilson Revd Dr Arnold Klukas Charles Long Christopher Rivington Revd David Ivorson John Bell Jonathan Rooper Philip Aylett Robert Fitzpatrick Anonymous Douglas Henderson Douglas Connor Gareth Wright Hugh Stewart Roger Finbow Prof. Robert Richardson Dr Homer Rogers Martin Kirkby Stephen Sayers Arnold Ridout Christopher Birrell Harrie Leijten Jonathan Arkush Martin Stott Nicholas Valner Richard Haw Alastair McBain Andrew Eastgate David Collins Ian Howard Johnny Forshall Philip Franks The Hon Robert Jackson Steven Paull William Annandale Dr Arthur Mielke Charles E Linaker David Bailey Martyn Scrivens
1976 1977 1978 1979 1980 1981 1982 1983
Captain Piers Minoprio Simon Morrow Carl Jennings Ian Falconer Revd Dr Janet Wootton Richard Ellison Stephen Gaskell Revd Theodore Gill Geoffrey Lenox-Smith Jonathan Dent Jonathan Wells Mark Synnott Martin Atkinson Nicholas Weeden Sir Paul Ruddock Simon McKinnon Andrew Bradley Cleophus Thomas David Evans Amb. George Krol Guy Hands James Hopkins Mark Tantam Noel Reilly Revd Richard Wolff Simon Dolan Revd Stephen Ng Steven Thomas Gavin Steele Prof. Glenn Holland Kenneth Clemmey Dr Pamela Anderson Patricia Dean Benjamin Money-Coutts Carlina Simmonds Geoffrey Fuller Henry Kopel John D. Willis Mark Jones Paul Midwinter Paul Palmarozza Richard Baker Sarah Harkness Adrian Gane David Harvey Revd Edgar Liepins Geraint Rees John Jansen Stuart Notholt Adrian Flook Anonymous Revd Geoffrey Bending Ian Simpson John Weston Kolawole Saka Richard Klein Stella Mitchell Anonymous Dana Dunne Gillian Duddy
1984 1985 1986 1987 1988 1989
Revd Gwyneth Thomas Ian Blatchford James Dingemans John Croasdale Matthew Tipper Paul Goodson Andrew Davies Andrew Hurst Colin Marsh David Bailey Donald MacDonald Iain Newman Juan Sabater Martin Rowe Philip Rattle Robert Mison Robin Ketteridge Susan Pemberton Revd Brian Stops Revd Daphne Preece Doug Jeffery Jaee Samant John Donnellan Mia MacDonald Michael Holyoake Stephen Pollard Revd Cecil Macaulay Giles Harrison Jon Fish John Lipsey Matthew Scott Rik Tozzi Sally Mason Shari Elessar Susanne de Pillis Timothy Storrie Andrew Suzman Carol Whitaker Dr David Kieff Nick & Debbie Chism Prashant Popat Lawrence Edwards Dr Sunil Saluja Benjamin Auslander Catherine McClen Gavin Humphries Jason Klein Jonathan Steinberg Laura Zung Nigel Joseph Dr Richard Underhill Rick Pearson Stewart Wilkinson Timothy Eddis Brian McDonnell Revd Janet Lees Matthew Keats Neil Elton Frances Reynolds Toby Gosnall
1990 1991 1992 1993 1994 1995
Revd Barrie Scopes Derek Navracruz Stephan Wilcke Steven Keane Annabelle Whitestone Anonymous Claire Wilson-Slomkowski Darryl Davies Gill Kirk James Aggrey-Orleans Keith Powell Shevaun Haviland Anonymous Benjamin Shaw Brian Arnold Christine O’Connor James West Paul Hamilton Paul Jackson Peggy Oliver Simon & Barbara Carmichael Alexandra C Harle Christopher Lewis Elizabeth Badger James Pearson Johannes Zimmermann John Field John Glen John Zolidis John-Kai Fleming Dr Franz Reimer Dr Matthias Wernicke Myles Bradshaw Sonia-Louise Harle Stuart Ferguson Richard Apps William Elderkin Brigitte Worth David Emond Revd Derek Hopkins Iain McDonald Ian Jackson Imogen Cooper Jeanane Hecht Jonathan Parry Kumiko Brocklebank Richard Davies Richard Hargett Shannon Tennant Tom Bray Alexander Kohler Brian Tockman Elizabeth Fastiggi George Pitt James Savage Katharine Morris Margaret Collins Michael Poyser Musab Bora Philip Reicherstorfer
1996 1997 1998 1999 2000 2001
Sam Fuller Satnam Lehal Saul Thomas Zahid Ahmed Anna Jenkins Anonymous Anonymous Carolyn Bryce Morris Charles Classen Cillian Odonnabhain James Selby Laura Baggaley Marcus Haywood Munira Mirza Rishi Dastidar Revd Sarah Hall Timothy Berry Tim Dimarco William Cadbury Anonymous Anonymous Christopher Foster David Clyde David Varcoe Deborah Edwards Eoin O’Donnell Graham Martin James Uffindell Jessica Boxford Matthew Reed Oliver Haker Sarah Thomas Yang-Wahn Hew Catherine Hodgkinson Eleanor Doyle Emily Watt Emma Pell Michael Hopkins Rainer Dietmann Richard Colebourn Tracy Baker Abigail Hancocks Adrian Clark Andrew Chaytor Catherine Wright Hannah Dugdale John-Paul Salter Kristin Hopman Dr Nikolaos Davrados Amil Patel Anonymous Clayton Bond David Robson Rhiain Phillips Rebecca Sumner Smith Robert Cumberland Sally Caless Steven Jeram Thomas Casarella Allen Bonner Andrew Walker
2002 2003 2004 2005 2006
Anthony Ring Arvi Luoma Catherine Thomas John Lombard Katherine Miller Lady Louisa MacMillan Onyemachi Njamma Richard Day Sean Beck Simon Hale Thomas Buttle Arthur Fraas Chris Truxler Emma Stewart Jonathan Lord Laura Roberts Muhamet Alijaj Praveena Joseph-de-Saram Richard Howard Alastair Brown Andrew Mitchell Anonymous Ben Stafford Colin St John Edward Mayne Elizabeth Moseley Haley Stevens Henry Rushton Jack Sheldon Jonathan Wakely Matthew Castle Michael Dowling Peter Ringlee William Manley Revd Gerald Moule Maurya Couvares Melissa Cording Nils Seebach Rebecca Linnett Richard Saynor Timothy Searle Revd William Brewster William Manley Alexandra Ekkelenkamp Andrew Cook Charles Joseph Julia Tamulis Revd Iain McLaren Lieutenant Roy Cooper Sarah Baker Sarah Cramsey Christian Dube Giorgi Lebanidze Frederick Price Kevin Reeder Laura Handzel Melvin Chen Michael Shaw Paul Maiden Paul Silcock Robert Wellburn
2007 2008
Bobby Sun Caitlin Praetorius Chirag Goyate Daniel Seiderer Christopher Mertlitz David Bruce David Wilkinson Eleanor Legg Harriet Publicover Jillian Fishman Robert Clough Tom Goodman Adina Wass Aditya Kasliwal Alice Codner Alexander Hyde Alisdair Morrison Andrew Campbell Black Anna Turskaya Annika Froese Austin Jones Benjamin Featherstone Benjamin Kindler Ben Wythe Bryony Makin Camilla Gardner Charlotte Gorman Daniel Camp Eilise Norris Emma Sullivan Freya Smith Grace Simonet Helene Jones Henry Carter Holly Krelle Isobel Plant James Illingworth James King Jonazk Slomka Laura Charles Laura Christianson Mark Scott Matthew Williams Michael Bagshaw Nicholas de Taranto Raquel Velasco Rina Soloveitchik Runze Liu Ryuichi Hiratsuka Shu Zhou Simon Williamson Sineth Weerasinghe Thomas Young Thomas Mayou Wiebke Junk Yannick Young
Parents & Friends of Mansfield Alan Brodie Lord Alexander Stockton Alistair Kennedy Andre Boulle Anne Pope Anonymous Anonymous Anonymous Brian Moore Bryan and Caroline Jezeph Celia Wride Charles Hope Christopher Thomas Dr Christopher Wright Dr Clive McDonald Mr & Mrs David Collier David Paterson Mr & Mrs David Perry Mr & Mrs David Dugdale Mr & Mrs Denis Coulon Diana Townsend Diane Dunne Prof. Dominic Golding Donald Newport Edward Goldberg Dr Elizabeth Williams Evelyn Mary Turton Farad Azima Frank Brown Frank Cresswell Geoffrey Higham Prof. & Mrs George Wedell Mr & Mrs Georgios Antoniou Graham Butterfield Mr & Mrs Graham Asbury Grahame Savage Gurpal Virdi Heather Bater Dr Helen Lewis Baron Helmut von Verschuer Highgate URC Ian Bowles Iradj Bagherzade Joel and Deborah Lerner John Wilbourn John Elliot John Caird John Evans John Mills Mr & Mrs John White Prof. & Mrs Jonathan Morrison Jonathan N Green Joseph Havens Judith Davies Mr & Mrs Kawin Wilairat Kelly Costigan Kenneth Davies Mr & Mrs Mahesh Haria Revd Canon Marilyn Adams
Lord Mark Birdwood Mr & Mrs Mark Blythe Michael Edwards Mr & Mrs Michael O’Hare Mr & Mrs Michael Connor Mooi Hah Neil Montagu Nick Ford Nigel Garner Sir Nigel Wicks Paul Dacre Penelope Domone Lord Peter Goldsmith Dr Philip Engstrom Dr Rebecca Carpenter Richard Rae Mr & Mrs Richard Reed Richard Stones Dr Robert Butchart Mr & Mrs Robert Park Roxane Zand Shirley Grossman Stephen Stonehouse Sun Kwok Susan Graham Mr & Mrs Terry Maiden The Audrey and Stanley Burton Charitable Trust The Girdlers’ Company The Simon Marks Charitable Trust Mr & Mrs Timothy Ingram Dr Tirath Virdee Tracey Marke-Tsegaye Ulrick Walther URC History Society Wiet and Carien Pot William Reeve Yvonne Pye College Staff & SCR Members Carrie Fehr Dabney Townsend Dennis Trevelyan Dr Diana Walford Dr Donald Sykes (1955) Baroness Helena Kennedy Dr Howard Clark Dr & Revd Joel and Tanya Rasmussen Revd Dr John Muddiman Prof. John Creaser (1961) Revd Julian Templeton Prof. Lorence Bravenec Paul McCarthy Prof. Ros Ballaster Stephen Waterman Dr Tony Lemon Dr Walter Houston (1964)
All care has been taken to ensure the accuracy of this list. However, if any error has occurred please accept our apologies and notify the Development Office so that we can amend our records.
11
Mansfield College Development Office
Mansfield Road Oxford OX1 3TF 01865 270998 www.mansfield.ox.ac.uk email:development.office@mansfield.ox.ac.uk Registered charity no.1143860