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home >> charity search >> the college of st mary magdalene in the university of cambridge
Finance Score: -7
Governance Score: -1
Support Score: 3
  • Liabilities <10%: +3
  • Excess reserves: -5
  • Pension deficit: -1
  • Volatile income
  • spending growth: -1
  • Fundraising costs high: -3
  • 12+ Trustees: -1
  • Grant maker support: +3
Overall GiG Score: -5 ?

THE COLLEGE OF ST MARY MAGDALENE IN THE UNIVERSITY OF CAMBRIDGE 

The provision of education to undergraduate and graduate students. The advancement of knowledge and learning by supporting research pursued by academics and by funding research fellowships. The College maintains the Pepys Library, a collection of international significance, which provides an educational resource.
Analysis by Giving is Great

Positives:

  • The charity has received backing from several prominent grant makers recently
  • This charity has a robust balance sheet
  • There have been no material income shortfalls in recent years

Regulatory & Governance issues to consider:

  • One or more trustees receive benefits from the charity
  • There are 44 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £119,058,181 available, equivalent to 106 months of spending and so may not be able to utilise additional funding
  • There is a pension deficit of £2,011,069
  • Income has been volatile recently but spending has been maintained
  • Fundraising costs are high relative to funds raised
miles

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
30/06/23£13,367£13,493£-126£1,466£201,841£119,058105.91610
30/06/22£12,608£11,690£918£858£197,115£117,690120.81480
30/06/21£10,270£9,526£744£790£195,393£117,573148.11540
30/06/20£18,699£10,310£8,389£2,235£184,260£112,879131.41590
30/06/19£15,640£12,549£3,091£1,951£178,556£106,543101.91560
30/06/18£18,321£10,737£7,584£1,831£171,168£101,183113.11590
30/06/17£11,813£10,562£1,251£1,779£159,340£98,043111.41540
30/06/16£11,054£10,351£703£1,664£149,737£97,422112.91480
30/06/15£9,919£8,515£1,404£1,534£101,968£38,81354.71440
30/06/14£8,849£7,947£902£1,340£96,433£37,65356.91480
30/06/13£8,898£7,825£1,073£1,363£92,741£37,200571450
30/06/12£8,186£7,239£947£1,347£87,681£36,47460.51400
30/06/11£8,204£6,953£1,252£1,262£88,146£1,9503.41430
Show more rows -->

Download accounts
Financial Ratios
Fundraising Costs/Relevant Income: 26.9%
Fundraising Costs/Total Spending: 13%
Senior Staff Costs/Total Spending: 10%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 5%
Liabilities/Income: 73%
Unrestricted Funds/Total Funds: 59%
Reserves/Spending: 105.9 months
Net Current Assets/Spending: 3 months
Quick Ratio: 1.1
Asset Split ?
Established: 14 years

www.magd.cam.ac.uk

enquiries@magd.cam.ac.uk

01223332100

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 services
  • Sponsors or undertakes research
Where it operates
  • Cambridgeshire,
Who it helps
  • Other Defined Groups
Who works here?
  • 161 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
Foundation Scotland - Grant to Magdalene College
£9,548 15/03/2023
Bursaries supported by the Karen Napier Fund for Ceri Clark (£3,157), Melissa Chan (£3,773), and Megan McGrory (2,618) attending Magdalene College Cambridge.
Foundation Scotland - Scholarships
£14,000 01/12/2021
Napier Bursaries
Foundation Scotland - Grant to Magdalene College
£10,000 20/01/2021
Tyrone Tee and Alex Roberts bursaries. From the Karen Napier Fund.
Foundation Scotland - Undergraduate scholarships
£10,000 17/12/2019
Two second year undergraduate scholarships for students from Liverpool and North Wales at Magdalene College, Cambridge.
Foundation Scotland - Undergraduate scholarships
£11,335 17/12/2019
Three undergraduate scholarships for students from Liverpool and North Wales at Magdalene College, Cambridge.
Foundation Scotland - 2nd year undergraduate scholarships
£9,000 26/10/2016
Two undergraduate scholarships for students from Liverpool and North Wales at Magdalene College, Cambridge.
Foundation Scotland - Grant to Magdalene College
£9,000 17/09/2015
Two undergraduate scholarships for students from Liverpool and North Wales at Magdalene College, Cambridge.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (44)
Gender Split
Based on 39/44 persons

Legal constitution
  • Charity registered in England & Wales on 18/08/2010, number: 1137542
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
  • Trustee expenses policy and procedures
Filing Record
13 returns made; all on time
Main office

MAGDALENE COLLEGE
CAMBRIDGE
CB3 0AG

Objectives

TO MAINTAIN A COLLEGE IN THE UNIVERSITY OF CAMBRIDGE IN PERPETUITY FOR THE ADVANCEMENT OF KNOWLEDGE, ARTS, LEARNING AND VIRTUE AND FOR THE ADVANCEMENT OF GOOD STUDIES AND MORALS AND THE PERFORMANCE OF DIVINE SERVICE.

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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