Donor Report | 2020 - Churchill College
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Donor Report | 2020
There is more about the Hub later in this of Cambridge, have financial support
report. It unites our past – CP Snow’s ‘two to encourage them to come here is an
cultures’ lecture took place at the College’s essential part of the College’s mission, and
Message from inception and he was a Founding Fellow –
and our future. It will combine strands of
the arts and sciences, in a creative space
has been since its foundation. This is an
endeavour shared by our alumni community
too, for which we are tremendously grateful.
the Master where students from any discipline will
be able to collaborate to make products,
We are delighted that, prompted by a lead
of an alumnus/a from their year and helped
art installations as well as use the latest by a matching fund, the classes of 1977-81
printing and CAD technology. Although raised over £105,000 to endow the 1977-81
Welcome to this year’s report to donors. The College facilities such as these are available in Bursary in perpetuity at the College.
community is deeply grateful to all donors for helping to make some departments, there are students
2020 will be a time to mark our
who will not have access to them because
the College the thriving institution it is today. they are studying a different subject – it is achievements as an institution, to celebrate
only within a College that the disciplines the ideas and the people connected to
can truly mix, and Churchill will be the first the College that have changed the world
I am delighted that for the third year running As well as these enhancements to our through innovation, social enterprise and
we have increased the number of alumni physical surroundings, we have marked College in Oxford or Cambridge to offer
such a space. research as well as through teaching the
who choose to support the College, which some milestones academically. Though next generation. While we celebrate the
as well as being a good thing in itself, is there is no formal ranking for the College In terms of student support, you will read past we will also be looking forward to
an encouragement to show there is broad any longer, once again the data suggests later of some of the ways donors are prepare for the challenges the next sixty
support for our projects when we approach we came fifth in the academic league helping students reach their full potential years will bring.
corporations, trusts and major donors. table of the 25 Colleges which teach by funding bursaries and studentships for
undergraduates at Cambridge – it has postgraduates. Ensuring that all students, Professor Dame
One of the achievements we marked, been an average of 5th in the last ten
thanks to donor support, was the opening if attaining the academic standard required Athene Donald DBE, FRS
years. We are also delighted that, in line
of the new graduate housing at 36 Storey’s with our deliberate attempts to increase
Way. Three new houses were opened in diversity and widen participation, we have
September 2019 by the Vice-Chancellor a greater proportion of women students
“
of the University, Professor Stephen admitted this year at 42%, up from 37%
Toope, and are a great addition to the last year; and of our UK undergraduates
accommodation we are able to provide joining this year, over 75% were from the
on site. We can now provide housing for maintained (state) sector.
all of our graduate students who want
it for up to two years, so students can 2020 marks the 60th Anniversary of the 2020 will be a time to mark
access all the facilities on our campus formal foundation of Churchill College.
within a campus. This creates an even We have ambitions to raise more funds
our achievements as an
more welcoming environment for graduate this year for the endowment and for institution, to celebrate
students who come here without prior student support in particular, along with
experience of Cambridge. the initiative of the Creative Hub which
the ideas and the people
We also formally opened the Xiaotian Fu
will be a fantastic new interdisciplinary connected to the College
resource and adventure.
garden in 2019, which brings two beautiful that have changed the world
stones from the Three Gorges area of China As one of the larger Colleges in Cambridge
to the College and creates a new outside we have ambitions to increase our
through innovation, social
space for study and contemplation in the endowment by at least 50% in the next enterprise and research as
garden of 72 Storey’s Way. In the summer ten years – as you may be aware the
months, when the flowers are in full bloom, endowment (our invested assets) underpins
well as through teaching the
it looks absolutely wonderful. all our activity and as a source of funding next generation.
gives us financial security especially
as government funding has reduced
significantly in recent years. Professor Dame
Athene Donald DBE, FRS
Churchill College Donor Report | 2020
College Finances
July 2018 – June 2019 45 grants for individuals from
the small grants budget
16 students received a
Winston Churchill Top Up
totalling £12k Bursary in addition to a
Cambridge Bursary
INCOME (£ thousands) 2019 2018 2017
Archives Income £546 £541 £540
Investment Income £3,721 £3,319 £2,865
20 clubs and societies 79 travel and conference
Donations and Gifts £3,291 £3,915 £1,486 received funding totalling £67k grants to postgraduate
students
Income from Subsidiaries £1,362 £630 £395
Commercial Income £2,585 £2,304 £2,079
Educational Fee Income £3,717 £3,519 £3,253
118 undergraduate students 27 Fellows received
College Operating Income £4,735 £4,667 £4,278 received a Cambridge Bursary conference and research
grants
Total Income & Receipts £19,957 £18,895 £14,896
The College had another good year, The Archives Centre achieved renewal of its
academically, financially and operationally. Accreditation status – which defines good
The number of students increased over practice and agreed standards for archive 38 travel grants to 16 bursaries funded and
the previous year to 858 students. The services across the UK. During 2018/19 undergraduates named by donors
College’s undergraduates achieved strong the Archives Centre opened the papers of
results with a near record number of Professor Sir Robert Edwards and Lord
Firsts and a very high number of 2:1s. and Lady Soames, and lent material to two
The number of postgraduate students major exhibitions in the United States.
decreased slightly compared to previous
years but their results remain good. The
College’s commercial business, hosting Donations 18 music bursaries 21 language bursaries
summer schools, conferences and
continuing education programmes was The College was delighted by the support
again very successful and the profits from of alumni and friends over the last year and
these operations contribute to the cost of a total of £4 million was raised. A total of Investment Performance
providing the education for our students, 1804 donors made a gift for which we are
providing financial support for students greatly appreciative. This was an increase The College’s amalgamated investment fund makes up 90%
and improving facilities for our academic of 131 donors on the previous year and we of the College’s investments and delivered a total return of 7.2%,
staff and students. hope we can continue to grow our number a total of £2.5 million new funds were invested during the year
of supporters again next year. made of new funds and unspent income held in restricted funds.
The total value of investments held by the College was
£115.8 million at the year end.
Churchill College Donor Report | 2020
Student Support Archives Centre
The College contributed £156k to fund 118 Support for student welfare has increased 2018/19, the Archives Centre used income The Centre had another busy year for the
Cambridge Undergraduate Bursaries, an significantly in recent years and in particular to meet operational costs of £571,999. Reading Room, with 1579 daily visits by
increase of 20 bursaries from last year. for the confidential counselling services Income was derived primarily from 510 individual researchers. This compares
provided by the College’s own Counsellor investment returns (£366,000) and by to 1501 visits by 525 readers in 2017/2018.
In addition, the College participated in and the University. The cost for counselling grants from Churchill College (£20,000), They consulted 9074 files (up from 8827
the Pilot Top Up Bursary Scheme which was £50k compared with £36k last year. the Sir Winston Churchill Archive Trust last year). 59% of the researchers were
aims to provide additional support to (£64,000), the Churchill College Archives from the UK, with 16% from North America,
those students most in need. £49k was Trust (£38,000), and the Wellcome Trust 13% from Europe and 12% from the rest
paid to 16 students, in addition to the (£24,600). Rent, commercial income and of the world. There were 354 new readers
usual Cambridge Bursary, Trinity College small donations amounted to £59,000. (down from 389 last year). There were a
reimbursed 50% of this cost to the College. The main expenditure was on staffing and total of 4 visiting Archives By-Fellows in
For undergraduates, total expenditure related costs (£436,000). The Archives 2018-2019. The Centre also hosted the
(gross) on bursaries, grants and awards to Centre also received donations totalling Meitner Symposium and 10 lectures in
individuals was £465k (£368k in 2017/18). just under £307,000. Some of the donated the Churchill History Lecture Series.
Total expenditure on postgraduate funds will help finance the upgrade to the
studentships was £513k in 2018/19 Archives Centre facilities in January 2020.
compared to £530k in 2017/18.
Capital Donations Received 2018/19
Expenditure
The table below lists the total amount of
donations received into some of the funds
available to support at Churchill.
The College spent £1.3 million (including
staff costs) on repairing and maintaining its
operational buildings and grounds and a further Fund Total
£4.7 million was capitalised. Most of the capital
expenditure was on buildings. Alex Hopkins Memorial Fund £3,566
Major projects undertaken in 2018/19 included: Annual Fund £52,015
• the redevelopment of 36 Storey’s Way
Boat Club £34,989
• the rewiring and refurbishment of the final
two staircases 50 & 51 Foreseeable Hardship Fund £198,213
Friends of the Archives Centre £26,415
Graduate Housing Project £500,804
Southern African Bursary £8,355
Student Support Fund £253,497
Tizard Opportunities Fund £7,402
Winston Churchill
£39,894
Top Up Bursary Fund
Churchill College Donor Report | 2020
Boat Club
As Senior Treasurer of Churchill College Boat finding his old stroke watch buried in
Club I am delighted to report on the success rowing kit dating from the 1970s.The stroke
the Club has had in the past year: success watch has now been repaired and is in the
that has been bolstered by substantial College Archives.
support from alumni and other friends of
the College and the Club. This year we will be focusing on ensuring
that students who wish to have the
The Club is now sponsored by MathWorks, opportunity to trial for the University can
who are contributing to some of the Club’s get extra support, as well as raising funds
running costs in a three-year agreement, and to subsidise our own off-Cam training.
will help to ensure that the Club continues
to be inclusive with students not needing to W1 did the first boat’s name ‘Shall we fly’
pay a fee to row. This will also help to ensure justice in this year’s Lent Bumps by gaining
that more donated funds can be used to their blades and they are now at 7th in
2019 Opening provide long-term funding for the Club, for
example to be used to replace equipment
the table. The first men’s boat, ‘Shall we
Dance’, rowed over every day at the top
of division two, which was tough in the
Doors Campaign
that is more expensive in rowing than in
other sports. race conditions. M2 and M3 went up three
places, overall an excellent set of results
We were delighted that thanks to the for the Club, up 11 bumps.
Supporting our key funding priorities support of alumni and through crowdfunding
we were able both to fund new women’s Thank you to the student and alumni
oars and ‘resurrect’ the Canon Duckworth committee, and all the Club’s supporters
Connecting with our alumni community and A fantastic £207,576 was pledged over three for helping CCBC advance through their
raising money for the 2019 Opening Doors years – rising to £400,000 when longer-term and fully refurbish the men’s second boat.
This sparked a great amount of interest from financial support or through giving time
Campaign priorities of student bursaries pledges are taken into account. The positive to coach students.
and graduate housing was the aim of response to the campaign was a marvellous those alumni who had known the legendary
last summer’s telephone campaign. 13 testament to the generosity of our alumni – Noel Duckworth, including ex-crew members
Fran Malarée
current students enjoyed a wide range of wide participation is really important and it CCBC Senior Treasurer
wonderful conversations with 655 alumni, encourages others to help us too.
a record 58% of whom decided to support
the College with a gift – our highest ever We always say that every gift makes
level of giving. Many of the alumni who a difference, no matter how small, but
participated in the campaign greatly donations made during the telephone
enjoyed the opportunity to re-connect campaign to student bursaries, including
with the College and share their Churchill the 1977–81 Bursary and the College’s
experiences with current students: pioneering Winston Churchill Top-Up
Bursaries also benefited from match funding,
I would like to congratulate you on a and donations to these funds were doubled,
successful campaign and express my thanks to the generosity of three alumni.
thanks for calling me. Just a few minutes
of talking about my own experiences at We also received a generous response to our
Churchill put into perspective how it has 2019 Opening Doors Campaign letter which
positively affected almost all facets of my generated additional pledges of £82,000 in
own life. I wouldn’t trade the experience for support of our key funding priorities.
Photo: Andrew Hatfield
anything, and I can’t think of a better place to Find out more:
make a donation than the place that made www.chu.cam.ac.uk/opening-doors
that possible.
Fredrick Vateman (U12)
Churchill College Donor Report | 2020
Your Donations in Action
“
Being able to explore
different career options
in my chosen field
through work experience
and internships would
have been close to
Holly Welsby impossible without the
bursary support I receive
Holly Welsby (U16) is from Accrington,
Lancashire and recently graduated from as these opportunities
Churchill with a First Class degree in are almost always
Psychological and Behavioural Sciences.
Coming from a deprived community was unpaid.
just one of several factors that influenced
“
Holly’s passion for psychology.
Holly was the recipient of the James Barton
Cambridge Bursary for each of her three
years at Cambridge – financial support
that relieved her of the burden of worrying The goal of the
about whether she would have money for
accommodation, living costs and leisure
College is to
activities whilst here. encourage and Sam Smith
She has now taken an exciting first step enable social It was a talk given by a Churchill Outreach his passion for the subject he now regards
towards her ultimate career goal of
becoming a Clinical Psychologist, working
mobility, however this Officer that first inspired third year natural as the centre of his life. From helping to
science student Sam Smith to set his fund field trips, including a trip to Cumbria
as a Peer Support Coach for the mental cannot always be sights on Cambridge. and geological mapping training in Skye,
health charity Mind.
achieved alone – Sam (U17), who attended Monmouth
Sam was also able to carry out a four-week
mapping project in Australia over the long
She is part of a new neighbourhood mental
health team using an innovative coaching
the generosity of Comprehensive, a non-selective state summer vacation – something that would
approach to help people create and carry donors is crucial to school in South Wales without a history of
Oxbridge admissions, has benefited from
never have been possible without financial
support. He also hopes to undertake an
out goals to improve their mental health
and well-being – a prototype that was
giving some young receiving annual bursary support since internship with a geothermal energy survey
co-designed with people with lived people a way into the coming to Churchill and is the current
recipient of the Greg and Rosie Lock
in Iceland – another opportunity that would
otherwise have been closed to him.
experience; ‘It’s a new way of working
within mental health and is very exciting!’
system, and a way Cambridge Bursary and a Winston
up. Thank you! Churchill Top-Up Bursary.
Read Sam’s full story:
Sam first discovered earth sciences at
Cambridge, and is clear about the vital role www.chu.cam.ac.uk/support-our-students
Read Holly’s full story:
bursary support has played in nurturing
www.chu.cam.ac.uk/support-our-students
Churchill College Donor Report | 2020
Postgraduate Travel Postgraduate Studentship
and Conference Grants Features
awarded in 2018-2019 academic year:
Rebecca Heath
Conference & travel grants were awarded to 79 postgraduate students (compared to
67 in 2017-18) some of which were awarded from the Tizard, Martin le Cornu, Rebecca (G19) is from Spaldwick and
Advanced Students Opportunities and Partington Research funds. joined Churchill to study for an MPhil
in Economic Research. She previously
• Total sum awarded = £25,482 Undergraduate Travel Grants in completed her undergraduate degree at
2018-2019 academic year: King’s College, Cambridge and developed
• Sums ranged from £25 - £350 a passionate interest in behavioural
• 38 travel grants awarded to economics, game theory and empirical
• 59 of the grants were for £350 undergraduate students economics. However, her hope to continue
• Spanned 30 countries • Total sum awarded = £9,587 her studies in this field seemed out of reach
due to the limited funding opportunities
• Sums ranged from £50 to one available from the government and
award for £1000 external funding bodies.
• Visited 21 different countries “Funding an economics masters degree
“
can be highly problematic. The MPhil in
Economic Research currently has tuition
fees in excess of £21,000, more than
double the maximum currently available
through a government masters loan. Once
the cost of accommodation, electricity and
Churchill is an amazing,
food is taken into account, the estimated friendly and extremely
financial commitment is just under
£35,000 for the year.”
supportive College;
As a result of these significant challenges
I wish I had applied
it was a huge relief to Rebecca when she to Churchill for my
received notification that she had been
awarded a Cambridge UK & Churchill
undergraduate degree!
Møller Studentship; ‘The day I heard that
I had received the Studentship was one
of the happiest of my life. I spent over a
week in utter disbelief’. The Studentship
Looking ahead beyond her MPhil she
covers Rebecca’s tuition fees and provides
hopes to be accepted to study for a PhD
a maintenance allowance, which meets
at Churchill and aspires to a career in
the cost of her accommodation and food
academia; ‘With so few women taking
during the term.
academic positions in economics, I would
Rebecca loves the friendly atmosphere love to be a role model to encourage other
at Churchill and excellent welfare support women into the profession.’
available. She also benefits from the
fantastic postgraduate accommodation Read Rebecca’s full story:
available at the College and is enjoying
living in Wallace House, one of the new www.chu.cam.ac.uk/graduate-studentship-
postgraduate buildings on site. endowment-fund
Churchill College Donor Report | 2020
Shannon Gilbert
“
Shannon (U&G15) comes from a small She began her MPhil in Modern and
village in rural South Wales. She moved Contemporary Chinese Studies in 2019.
schools frequently when she was
younger, and was also home educated Shannon was delighted to be awarded
for a number of years before completing the Simon Henry MPhil Studentship which
supports a Churchill student reading an
Churchill College has her undergraduate degree at Churchill in
MPhil in Chinese studies. The Studentship,
Asian & Middle Eastern Studies.
shaped my life in more which is part-funded by the Cambridge
Trust, covers course fees and maintenance
ways than I can probably costs and it opened a window of
see now, it has allowed opportunity for Shannon to continue her
“
studies right away – something that would
me to explore new ideas otherwise not have been possible due to
and build a career which the scarcity of available funding and her
own personal circumstances.
will allow me to give
I cannot overstate how “Until my Director of Studies made me
back to society, and I am
Jake Meeth immensely grateful for
fortunate and grateful I aware that this studentship was available
I had been in a state of some anxiety about
am to be able to continue what I would do after graduation. The loans
Jake (G14) is from Wichita Kansas the donations which have
here for another year. available for postgraduate study primarily
in the US and studied engineering at made that possible. cover tuition, so I would not have been able
Churchill before joining local start-up This simply would not to get together enough for maintenance.
company PragmatIC.
have been possible As the eldest of five children, I would not
have wanted to put an extra financial
The role provided Jake with great industrial
experience but he realised he needed to without this generous burden on my family, either. I cannot
return to academia to better understand funding offer. overstate how fortunate and grateful I am
to be able to continue here for another year.
the tools for bridging industry and research. It is the place to go when I hit a roadblock
This aim finally became possible thanks to This simply would not have been possible
and need a friend to talk to. It is also the
funding received from the Gulbenkian-Yuval without this generous funding offer.”
place to go when everything is going well,
Studentship and Jake was delighted to find and you want to share some experiences.” Shannon also benefited from College
himself back at Churchill for his PhD. support via a grant from the Wing Yip
Looking ahead, Jake sees opportunities
Returning to Churchill proved to be a Travel Fund, which enabled her to go to
to apply his skills in nanofabrication
natural and easy transition. Churchill Taiwan for two and a half months in the
industries in the UK and the US, and
offered a cosy and relaxed atmosphere summer of her first year. The trip provided
eventually hopes to lead research into
whilst at the same time providing the a first opportunity to use her second
new applications and pioneer exciting
perfect environment to explore new ideas language in a native setting and she recalls
industrial projects. Ultimately, he is very
and research, ‘the College MCR is always it as being an amazing experience which
aware that it is thanks to the funding he
inviting and waiting for an interesting increased her enthusiasm for her degree.
has received that this career path has
conversation’. In fact, Jake cites the people been made into a possibility.
at Churchill as being the best thing about Read Shannon’s full story:
the College. Read Jake’s full story: www.chu.cam.ac.uk/graduate-studentship-
“The highlights of my time at Churchill all endowment-fund
www.chu.cam.ac.uk/graduate-studentship-
revolve around the people. To me, Churchill endowment-fund
College is the place I live. It is the place
to go after a long day in the lab and
decompress with a game of foosball.
Churchill College Donor Report | 2020
Living in the New
Graduate Housing
Christian Totoiu The Creative Hub
Christian Totoiu (G19) is from Anaheim
in Orange County, California and recently
at Churchill College
joined Churchill College as an MPhil
student in chemical engineering and
biotechnology.
Christian was delighted to move into Boyd It is widely recognised that creativity The Creative Hub will include workshops,
House, one of the newly opened graduate flourishes most readily between existing both digital and traditional, with equipment to
houses on 36 Storey’s Way. disciplines, calling for an openness of mind enable students to experiment with different
Christian enjoys the property’s physical that is best fostered by sharing a common techniques to bring artistic and design
location, with its close proximity to the goal with people of contrasting approaches. projects to fruition. To support the various
West Cambridge site, easy access to projects it is intended to have a technician
The College is keen to revitalise and on hand to offer advice, skills and training.
the College’s facilities and private and Living on site has also encouraged encourage the spirit of interdisciplinary
quiet surroundings. However, it is the Christian to attend more events, talks thinking and creativity on which the College Most students would not generally have
close proximity to his peers, aided by and activities in College and become a was founded. The Creative Hub will host a access to a creative working space. The
the building’s design that has had the more engaged, involved member of the dynamic programme of events and create a Creative Hub will allow groups of students
most significant personal benefit. Each postgraduate community – something platform geared towards bridging academic from disparate disciplines, and with a wide
floor has a communal space intended that would not have occurred if he had disciplines, and forging new collaborations, range of interests, to join together and be
by lead architect Simon Tucker (U&G86) lived off site. so that our students can better respond to creative, as well as attract future applicants
‘to create smaller communities within a the challenges of the 21st century. and visitors to the College.
larger community and help foster social Outside academia he enjoys playing tennis
interactions’, and this aspiration has and – since joining Churchill, squash – Students of all disciplines, undergraduates and The overall cost of the project is £3.58 million,
certainly been achieved: as well as hiking and travelling. Following postgraduates, will have the opportunity to and building will start once half this total is
the completion of his MPhil, Christian will make things together. The Hub will be a place achieved. The building project cost is to provide
“The shared kitchen and living rooms, as continue on to a PhD in Chemical and for creativity and innovation, including a multi- a roof and transform the space over three levels.
well as the laundry facilities, have led me to Biomolecular Engineering at the California purpose project space, to explore, design, test, In addition to a variety of tools, the workshops
meet and interact regularly with neighbours. Institute of Technology. In future, he hopes scale, build and present ideas – technical, will be equipped with a 3D printer, and other
This has encouraged a sense of familiarity to pursue a career driving academic social, artistic and more. advanced digital equipment such as VR.
that has resulted in spontaneous research to industrial applications.
conversations and the establishment of A Director will be appointed to inspire and
new friendships.” Much more than a support a dynamic range of projects and
encourage creative collaboration. This is
building project
“
envisaged as a senior academic role occupying
40% of the Director’s time. In addition technical
A significant personal benefit has been the This will be a facility unique to Churchill, support is required to advise students, train
proximity to my peers. This closeness has providing a ‘maker’ space in the disused oil them in relevant skills, and supervise their
store next to the squash courts at the front use of tools and equipment.
led to and continues to lead to constant entrance to the College. It has been designed
For more information visit
interaction with them and, thereby, provides a by the pioneering architecture collective
www.chu.cam.ac.uk/creativehub
‘Assemble’ who won the Turner Prize for
sense of community away from home. Contemporary Art in 2015, and includes
Joseph Halligan (U06), as one of its leaders.
Churchill College Donor Report | 2020
2020 marks the 60th anniversary of the College receiving Postgraduates Endowment Funding
its Royal Charter, and we have ambitious aims to honour the
legacy of our founder by continuing our mission to support We are also committed to raising more The College’s endowment, which stands
endowed studentships for postgraduates. at around £100 million, contributes around
excellence in all subjects: the arts and humanities and science, As students now graduate with more debt, £3 million to fund College expenditure each
engineering and technology. postgraduate study (especially in the arts year. The more this can be grown over the
and humanities) is becoming unaffordable next few years, the more financial stability
for all but the most privileged. Endowing we can provide to achieve our educational
The College can look back on its 60 years
of stellar achievements which include 32 Undergraduates studentships will enable us to support future
academics whatever their background.
mission. We face uncertain times, and
continual changes in policy in terms of funding
Nobel laureates as former students, staff Higher Education. Therefore, growing our own
or Fellows, and 60 years of educating We continue to raise funds for Our aim is to increase the number of endowed invested assets helps us to guarantee that we
the brightest and best from a range of undergraduates who face graduating with studentships. The College currently funds will be able to continue funding education and
backgrounds who have gone on to make a debts of over £60,000, which deters many some postgraduates through fee income – research for future generations.
difference to the world beyond Cambridge from less privileged backgrounds from the more that can be funded philanthropically,
University. We have chosen to mark the applying to Cambridge. The College offers the more students can benefit from both
anniversary by launching a campaign support in the form of access bursaries funded studentships and the funding that
to raise at least £6 million for student through the Cambridge Bursary Scheme, can be released for other purposes.
support, the Creative Hub, and the College’s but this is funded entirely by the
endowment, and to look forward in the College itself.
spirit of our foundation. Our new campaign, Creative Hub
Overall the College spends over £400,000
Think Forward, will be launched later this
per year supporting undergraduates with
year, and will span the 20/21 academic This year we launched fundraising
bursary and hardship funds. A growing
year, to highlight our successes and help for the Creative Hub – the Hub
number are now funded by specific
to fund our future. takes us back to our founding
bursaries which are endowed
purpose as an institution born
Donations now form over 25% of the (for example the Lock Bursary Fund).
out of the ‘two cultures’ debate.
College’s total income, either as income To endow all the other bursary funds
We aim to encourage interdisciplinary
“
from invested capital (most of which fully would cost £10 million; therefore
thought by transforming the disused
has been donated for endowment) or the more donations we can attract to
former oil tanks store near the
as donations which are expendable in student support funds, the better.
front of College into a digital and
the year given. analogue workshop to encourage
As you will have read, we offer extra
support to students whose parental students creatively and to enable
Student Support income is below £25,000 p.a. through development of their ideas. Although Thanks to all donors for
many University departments have
Winston Churchill Top-Up Bursaries,
their own workshops, they are not
your support in the last
and will continue raising funds for this
Many of you will have heard about the particularly disadvantaged group. accessible to all students, and year – as we celebrate the
emphasis the University is now putting on Churchill would be the first college to
student support schemes and broadening
The 1960 Club, which donors can join
offer a truly interdisciplinary facility
last sixty years, let us look
by donating £1,960, helps to fund these
access to Higher Education from under- bursaries which otherwise must be for all its students whether in the forward to helping to tackle
represented groups. This area has always arts or sciences. We aim to raise at
been important here at Churchill, and is
funded from our unrestricted funds.
least £1.5 million of the total funds of
the challenges the world
We are delighted that since we launched
an urgent priority for fundraising this year. the 1960 Club we have raised over £3.58 million needed for the Creative will face in the next sixty
Also all gifts to student support (including Hub in our Think Forward Campaign.
sports and cultural activity, which play a
£300,000 in pledges for these bursaries. years and beyond.
This is a great start though we require
large role in pastoral support) will now over £2 million per year to fully endow
release a matching gift from the this valuable scheme.
University’s Harding Challenge Fund. Fran Malarée,
Development Director
Churchill College Donor Report | 2020Development Office
Churchill College
Storey’s Way
Cambridge, CB3 0DS
+44 (0)1223 336240
development@chu.cam.ac.uk
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