Finance Score: 0
Governance Score: 2
Support Score: 7
  • Poor Liquidity: -1
  • Good Reserves: +1Pension deficit: -1
  • Multiple Deficits: -2
  • Fundraising costs low: +3
  • 12+ Trustees: -1
  • Gender balanced board: +3
  • Grant maker support: +7
Overall GiG Score: 9 ?

FITZWILLIAM COLLEGE IN THE UNIVERSITY OF CAMBRIDGE 

The objects of the Charity are:1) to advance Education, Religion, Learning & Research in the University of Cambridge and 2) to provide a College wherein members of the University may work for Degrees in the University or may carry out postgraduate or other special studies at Cambridge.
Analysis by Giving is Great

Positives:

  • The charity has received backing from several prominent grant makers recently
  • Spending has increased over the last 3 years relative to the previous period
  • Fundraising costs are unusually low relative to funds raised
  • The Board appears to be well diversified in terms of gender

Regulatory & Governance issues to consider:

  • There are 62 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • Liquidity appears to have been slender at the latest year end but very substantial unrestricted reserves are available
  • There is a pension deficit of £1,702,000
  • On several occasions in recent years income has been less than spending

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/07/23£14,890£13,760£1,130£261£154,633£70,22261.21860
31/07/22£12,732£13,749£-1,017£1,388£153,193£69,18260.41511
31/07/21£9,383£10,375£-992£998£143,433£67,89878.51551
31/07/20*£10,534£10,573£-39£1,527£134,168£69,18778.51653
31/07/19£12,713£12,428£285£1,897£135,672£69,23966.91691
31/07/18£17,611£11,041£6,570£1,834£133,028£68,964751680
31/07/17£10,752£10,558£194£1,570£124,952£62,38970.91690
31/07/16£11,512£10,160£1,352£1,536£119,671£62,46373.81620
31/07/15£9,611£9,208£404£1,864£74,346£15,75520.51060
31/07/14£9,458£8,909£550£1,801£69,124£15,42420.81040
31/07/13£9,015£8,475£540£1,601£64,558£13,82519.61050
31/07/12£8,501£8,450£51£1,795£57,042£11,03915.71060
31/07/11£8,372£8,291£81£1,789£57,163£10,94515.81030

Financial Ratios
Fundraising Costs/Relevant Income: 2.4%
Fundraising Costs/Total Spending: 1.9%
Senior Staff Costs/Total Spending: 3%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 18%
Liabilities/Income: 224%
Unrestricted Funds/Total Funds: 45%
Reserves/Spending: 61.2 months
Net Current Assets/Spending: 15 months
Quick Ratio: 0
Asset Split ?
Established: 14 years

www.fitz.cam.ac.uk

bursar@fitz.cam.ac.uk

01223332067

Charity Commission for England and WalesFacebookInstagramX
UN SDGs
?
Listed activities
  • Education/Training
GiG Classification
  • Colleges and universities
How it operates
  • Makes Grants to Individuals
  • Provides buildings/facilities/open space
  • Provides services
  • Sponsors or undertakes research
Where it operates
  • Cambridgeshire,
Who it helps
  • Other Defined Groups
Who works here?
  • 186 employees

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations
Amount When
Months
To be used for
Nuffield Foundation - Grant to University of Cambridge
£115,843 02/08/2023
Towards Breaking networks of youth serious violence in the UK
Nuffield Foundation - Grant to University of Cambridge
£173,482 31/03/2023
Towards Should I Go to Court? Improving Access to Justice Using Artificial Intelligence
The Leathersellers' Company Charitable Fund - Grant to Fitzwilliam College
£56,000 06/11/2019
48
To provide scholarships
The Leathersellers' Company Charitable Fund - Grant to Fitzwilliam College
£70,000 15/10/2019
48
To provide scholarships
The Leathersellers' Company Charitable Fund - Grant to Fitzwilliam College
£250,000 26/09/2018
24
Capital funding for post-graduate studies building

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (62)
Current Trustees appointed
Gender Split
Based on 53/62 persons

Legal constitution
  • Charity registered in England & Wales on 16/08/2010, number: 1137496
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
Filing Record
13 returns made; AR20: 8 days late,
Recent reorganisation events:
  • Asset transfer in from FITZWILLIAM INFORMATION SERVICES TRUST LIMITED on 02/12/2019
Main office

FITZWILLIAM COLLEGE
STOREYS WAY
CAMBRIDGE
CB3 0DG

Objectives

A) TO ADVANCE EDUCATION, RELIGION, LEARNING AND RESEARCH IN THE UNIVERSITY.B) TO PROVIDE A COLLEGE WHEREIN MEMBERS OF THE UNIVERSITY MAY WORK FOR DEGREES IN THE UNIVERSITY OR MAY CARRY OUT POSTGRADUATE OR OTHER SPECIAL STUDIES AT CAMBRIDGE.

Defined Area of Benefit:

CAMBRIDGESHIRE

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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