annual review 2016 january - cambridge trust · 2017. 1. 31. · syria2 1 3 taiwan 20 1 21...
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A N N UA L R E V I E W 2016A N N UA L R E V I E W J A NUA RY 2 0 1 7
For over thirty years, the Cambridge Commonwealth,
European and International Trust has enabled
outstanding students from al l over the world to
benefit from the outstanding educational and
research opportunit ies offered at the University of
Cambridge. It offers support to students irrespective
of their economic or social background.
The Trust was formed from the merger in August 2013 of the
Cambridge Commonwealth Trust and the Cambridge Overseas
Trust, which were established by the University in the 1980s with the
objective of supporting international students.
It is today the largest provider of scholarships for students at the
University, engaging actively with all Schools, Departments and
Colleges. The Trust supports the University’s mission in nurturing talent
and rewarding excellence, by removing the economic barriers which
may face students who are offered places. During its history of offering
scholarships, the Trust has helped nearly 18,000 students to undertake
degrees in Cambridge.
Each year the Trust welcomes approximately 400 new students, and
at any one time there are around 1,200 young people from across the
world studying in Cambridge with financial support from the Trust.
Most of these are taking Masters or PhD degrees, although the Trust
also supports a number of international undergraduates.
I N T R O D U C T I O N
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Bridge of Sighs, St. John’s College
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Not only are the scholarships enabling individual students to achieve
their own potential, but their research is opening up perspectives and
producing data that affect and enhance the work of researchers within
Cambridge. Scholarships build bridges – between their recipients,
between countries, and between Cambridge and the world.
I hope that the Trust can continue to expand the range and number
of scholarships it offers to support students in order to fulfil their
potential and to help ensure that Cambridge remains the great
University that it is.
The work of the Trust is governed by a board of distinguished Trustees,
and we are most grateful to them for giving their valuable time and
considered thought to the many issues which face the Trust during
the course of its business. I would like to extend particular thanks to
Professor John Gray, Professor of Education and Emeritus Fellow of
Homerton College, whose term of office ended in April 2016, having
served as a Trustee for nine years.
Director
I am del ighted to present this Review of the
Cambridge Trust’s act ivit ies for the f inancial year
August 2015 – July 2016. This is the second edit ion
of the Review and it was gratifying to receive such
posit ive feedback fol lowing the publication of our
f irst edit ion last year.
In supporting the mission of the University of Cambridge “to
contribute to society through the pursuit of education, learning and
research at the highest international levels of excellence”, the Trust
works with many partners, both within Cambridge and in the wider
world. This Review presents our achievements over the past year,
none of which would have been possible without the support of
those partners.
The Trust enables outstanding students to come to Cambridge,
whatever their personal circumstances, by removing financial barriers.
This allows access to a wider pool of talented students, therefore
contributing to the University’s standing as a global institution. The
Trust’s wide-ranging programme of scholarships helps to attract and
retain the best students at the University. The Trust values and rewards
excellence, and a scholarship can have an enormous impact on the
life of an individual. I was proud to note that Trust scholars’ academic
results remained well above average in 2015–16.
Implicit in the University’s mission are its global remit and
responsibility, which are reflected in the work of the Trust. On visits to
India and Ghana during the year, I was able to meet with alumni and
partners who demonstrated the impact that study in Cambridge can
have on the development of scholars’ home regions.
Last year I reported in the Review on the establishment of a new
programme for PhD students from countries in sub-Saharan Africa
whose research will have a bearing on the development of the
region. This special programme is co-funded by the University and
the Trust, and enhanced by close engagement with the Cambridge-
Africa Programme.
D I R E C T O R ’ S F O R E W O R D
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The Trust holds i ts own endowment which is invested
with the Cambridge University Endowment Fund.
The value of the Trust’s endowment is £148 mil l ion
and this generates regular income of around
£5 mil l ion per year. This income is set alongside
income from external partners in order to maximise
the number and value of scholarships avai lable.
The value of the scholarships offered by the Trust and its partners is
currently over £21 million per year. The Trust keeps its administration
and staff costs low so that over 95% of its annual expenditure
comprises scholarship payments to students.
The Trustees’ report and audited financial statements for the year
ended 31 July 2016 are available online at
www.cambridgetrust.org/about/
F I N A N C I A L H I G H L I G H T S
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£2.5m Undergraduates (3–4 year course)
£2.5m Masters (1–2 years)
£16.5m PhD (3–4 year course)
£1.0m Administration & governance
£10.4m Donations from the University and Colleges of Cambridge
£8.4m Donations and partnerships
£5.0m Investment income from the Trust’s Endowment
£115.9m General
£0.5m Restricted
£12.9m Permanent Endowment
Expenditure 2015–16
£2.5m Undergraduates (3–4 year course)
£2.5m Masters (1–2 years)
£16.5m PhD (3–4 year course)
£1.0m Administration & governance
£10.4m Donations from the University and Colleges of Cambridge
£8.4m Donations and partnerships
£5.0m Investment income from the Trust’s Endowment
£115.9m General
£0.5m Restricted
£12.9m Permanent Endowment
Income 2015–16
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The following information extracted from those financial statements
summarises the Trust’s income and expenditure at 31 July 2016.
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Trinity College
The Trust enters into partnerships with a wide range
of organisations worldwide, from governments and
state agencies to individual philanthropists , from
family foundations to international corporations.
These partnerships enable the Trust to offer more scholarships
to outstanding students, irrespective of their social or economic
background, than would be possible using only its own resources.
The partnerships also enhance the promotion and outreach of the
Trust’s scholarship programmes, and scholars gain additional benefit
from the activities provided by partners, such as induction events,
networking opportunities and summer schools.
During 2015–16 the Trust reviewed and renewed its partnership
agreements with many long-standing associates, notably with the
Chevening Scholarship programme co-funded by the UK Foreign &
Commonwealth Office, which brings over twenty Masters scholars to
Cambridge each year, from countries as widespread as Belarus and
Thailand, Uruguay and Pakistan.
Central to the Trust’s work is the support of international research
students, and the Trust renewed its joint commitments with CONACyT,
the National Council of Science and Technology in Mexico, and with
the China Scholarship Council, for the support of PhD students from
those countries.
Building on the University’s extensive alumni network, the Trust enjoys
continuing partnerships with alumni-led organisations in Australia,
Canada, Hong Kong and Kenya.
PA R T N E R S H I P N E W S
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The Trust continues to expand the range of scholarships available
to Indian applicants; a new partnership with the Inlaks Shivdasani
Foundation will add to the number of Indian students who are
supported by the Trust during Masters and PhD degrees in Cambridge.
A new programme of full scholarships for Norwegian PhD students
is funded by the Anne Grete Eidsvig & Kjell Inge Røkke Charitable
Foundation for Education; these Aker Scholarships are awarded
at world-leading universities, and will build a significant cohort of
outstanding Norwegian leaders and academics.
Welcome Event 2016
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The Trust has made particular efforts to increase the rigour and
transparency of its selection processes and criteria for awards, which:
• take account of Departmental scoring, on academic grounds, of all
applicants for financial support;
• are based on a transparent and fair system, with clearly published
selection criteria and application deadlines set out on the Trust’s
website; and
• address perceived disadvantage of candidates from less developed
backgrounds.
The Trust responds positively in the event that applicants win other
full-cost publicly-funded scholarships by offering ‘honorary status’,
which entitles the recipients to benefit from being a part of the Trust’s
community of scholars, including attendance at the Trust’s scholars’
events throughout the academic year.
For entry to the University of Cambridge in the academic year 2015-16,
the Trust made new awards as follows:
Breakdown of new awards 2015–16 (by level of study)
The Trust offers scholarships to selected students at
al l levels of study (undergraduate, Masters and PhD)
although it concentrates resources on scholarships
for PhD students.
Originally established to support international students, the Trust
now offers scholarships to UK and EU students through the Vice-
Chancellor’s Awards for the best doctoral candidates. These awards are
offered to complement the Cambridge International Scholarships for
the best doctoral candidates from the wider world, which the Trust has
offered since 2009.
Scholarships are awarded in all subjects and at all thirty-one Colleges.
Awards are made on the basis of academic merit, financial need and,
in the case of scholarships awarded in conjunction with partners,
additional criteria such as the country the students come from and/or
their chosen area of study. Scholarships range from full-cost, covering
fees and maintenance, to half-cost and part-cost, which require the
student to provide the balance of the cost.
The Trust aspires to provide as many full-cost scholarships as possible,
as this provides certainty for the students and makes the scholarships
internationally competitive. Over the past eight years the Trust has
deliberately sought to offer scholarships of higher value, even when
that meant offering fewer awards. The Trust continues to work towards
making a higher proportion of its scholarships full-cost by seeking
additional external funding.
The Trust works hard to make offers as early as possible in order
to retain the best candidates. If students are assured of high value
scholarships early on in their decision-making process, they are able to
make an informed choice about taking up the offer of their places at
Cambridge and their scholarships. This is especially true of the many
students who receive offers from elsewhere.
S C H O L A R S H I P S AWA R D E D
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PhD Masters BA TotalAwarded 208 149 43 400
Honorary 58 5 8 72
Total 266 155 51 472
The number of students funded by the Trust is as follows:
Students in residence in 2015–16 (all award years)*figures inclusive of new award winners set out above
PhD Masters BA TotalAwarded 800 151 212 1163
Honorary 80 6 29 115
Total 880 157 241 1278
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ASIA Country PhD Masters BA TotalAfghanistan - - - -Bangladesh 8 2 1 11Brunei - - - -Burma - - - -China 169 5 56 230Hong Kong 11 23 34India 49 10 15 74Indonesia 2 1 3Iran 7 3 10Iraq 1 1Israel 4 4Japan 7 2 9Jordan Kazakhstan 2 1 3Republic of Korea 3 1 6 10Kyrgyzstan 1 1Lebanon 2 1 3Malaysia 9 5 9 23Maldives Nepal 1 1Pakistan 15 6 10 31Palestine 6 6Philippines 2 1 3Singapore 6 12 18Sri Lanka 10 2 4 16Syria 2 1 3Taiwan 20 1 21Tajikistan Thailand 3 4 1 8Turkey 6 - - 6Turkmenistan Uzbekistan Vietnam 2 1 4 7TOTAL 348 42 146 536
A table setting out the students by nationality, continent and level of
study is set out below:
Students in residence in 2015–16 (by nationality and continent)
*figures inclusive of new award winners but not those with honorary status
AFRICACountry PhD Masters BA TotalAlgeria - - 1 1
Botswana - - - -
Cameroon - - - -
Congo, The - 1 - 1
Democratic
Republic
Egypt 7 6 1 14
Ethiopia 1 - - 1
Ghana 6 2 - 8
Kenya 3 2 2 7
Malawi 2 - 2
Mauritius 3 - 1 4
Morocco 1 - - 1
Niger 1 - - 1
Nigeria 6 1 2 9
Rwanda 1 - - 1
Senegal - 1 - 1
Somalia - - - -
South Africa 10 10 1 21
Sudan 5 - - 5
Uganda 3 1 - 4
Zambia - - - -
Zimbabwe 1 - - 1
TOTAL 48 26 8 82
1 31 2
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NORTH AMERICA Country PhD Masters BA TotalBahamas - - - -Barbados - - - -Canada 42 5 10 57Costa Rica 1 - - 1Haiti - 1 - 1Jamaica 1 - - 1Mexico 18 4 - 22Panama - - - -Saint Lucia 1 - - 1Saint Vincent and 1 - - 1 the GrenadinesTrinidad & Tobago 1 1 - 2USA 58 10 6 74TOTAL 123 21 16 160
SOUTH AMERICA Country PhD Masters BA TotalArgentina 3 1 - 4Brazil 26 2 - 28Chile 19 1 - 20Colombia 5 1 - 6Ecuador 1 - - 1Guyana - - - -Peru 1 - - 1Uruguay - 1 - 1Venezuela - 1 - 1TOTAL 55 7 62
GRAND TOTAL 800 151 212 1163
1 51 4
AUSTRALASIA Country PhD Masters BA TotalAustralia 53 16 15 84New Zealand 30 3 5 38TOTAL 83 19 20 122
EUROPE Country PhD Masters BA TotalAlbania - - 1 1Armenia - 2 1 3Austria 1 - - 1Belarus 2 2 - 4Belgium 4 - - 4Bosnia & 1 - - 1 HerzegovinaBulgaria - 2 - 2Croatia - - 3 3Cyprus 1 - - 1Czech Republic - 1 - 1Denmark 3 - - 3Finland 1 - - 1France 7 2 - 9Germany 34 6 - 40Greece 9 1 - 10Hungary 3 - - 3Iceland - 1 - 1Ireland 7 1 - 8Isle of Man - - 1 1Italy 17 3 - 20Jersey 2 - - 2Lithuania 1 1 - 2Macedonia 1 - - 1Malta 1 - - 1Moldova - - 1 1Montenegro - - - Netherlands 10 3 - 13Norway 3 - 1 4Poland 4 2 - 6Portugal - 1 - 1Romania 4 - - 4Russia 5 5Serbia 3 5 14 22Slovenia - 1 - 1Spain 4 - - 4Sweden 2 1 - 3Switzerland 6 1 - 7Ukraine 4 - - 4United Kingdom 3 - - 3TOTAL 143 36 22 201
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Clare College Bridge
S C H O L A R S H I P S AWA R D E D
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O U R PAT R O N
O U R T R U S T E E S
His Royal Highness
The Prince of Wales
Lord Williams of
Oystermouth
Chair
Master, Magdalene
College
Professor John Rallison
Deputy Chair
Fellow, Trinity College
Professor Dame Ann
Dowling
Professor of Engineering
Fellow, Sidney Sussex
College
Professor Simon Franklin
Professor of Slavonic
Studies
Fellow, Clare College
Mrs Ann Puntis
Director of Long Close
Associates
Dr Nidhi Singal
Senior Lecturer at the
Faculty of Education
Fellow, Hughes Hall
Dame Barbara Stocking DBE,
President,
Murray Edwards College
Professor Graham Virgo
Professor of English
Private Law
Pro-Vice-Chancellor
for Education
Fellow, Downing College
Professor Loraine
Gelsthorpe
Professor of Criminology &
Criminal Justice
Fellow & Tutor for
Graduate Affairs,
Pembroke College
Professor Jaideep Prabhu
Director, Centre for India
& Global Business at the
Judge Business School
Fellow, Clare College
Professor Michael Proctor
Professor of Astrophysical
Fluid Dynamics
Provost, King’s College
Mr Peter Phillips
Chief Executive,
Cambridge University
Press
Fellow, Wolfson College
The Trust is an exempt charity governed by a board
of Trustees selected for their ski l ls and experience in
order to guide the work of the Trust.
The Trust’s Patron is His Royal Highness The Prince of Wales.
The University of Cambridge is Custodian Trustee of the Trust, and
the Trust is regulated by the Higher Education Funding Council for
England through the University of Cambridge.
Our Trustees meet three times a year, and management of the Trust is
delegated to a team of fourteen staff, led by a Director.
www.cambridgetrust.org/about/staff
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The Trust aspires to support as many outstanding students as possible at the University
of Cambridge. It works with many funding partners to enhance the range of scholarships
avai lable. We would l ike to acknowledge the support of al l our funding partners, and
express our gratitude for their generosity.
T H A N K YO U F O R YO U R S U P P O R T
African Partnership for Chronic Disease Research
Beacon Equity TrustBeit TrustBlyth ScholarsBoustany FoundationBP EgyptBecas Magdalena O.Vda.de BrockmannCambridge AssessmentCambridge Australia ScholarshipsCambridge Cancer CentreCambridge Thai FoundationCanadian Institute for Advanced Legal
StudiesCAPES (Brazil)Sir Ernest Cassel Educational TrustGrace & Thomas C.H. ChanChina Scholarship CouncilChrist’s CollegeChurchill CollegeClare CollegeClare HallClub Financiero EspañolColciencias (Colombia)Commonwealth Scholarship CommissionCONACyT (Mexico)CONICYT (Chile)Council for Scientific & Industrial Research,
South AfricaCroucher FoundationDarwin CollegeYayasan DayaDiriDNV GLSt Edmund’s CollegeFaculty of Education
Emmanuel CollegeFriends of Cambridge University in
Hong KongRajiv Gandhi (UK) FoundationRajiv Gandhi Foundation (India)Gonville & Caius CollegeHigher Education Commission, PakistanHMG GREAT Campaign (India)Hughes HallInstitute of AstronomyIslamic Development BankYousef JameelJardine FoundationJawaharlal Nehru Memorial TrustJesus CollegeYayasan KhazanahLEGO FoundationLucy Cavendish CollegeMagdalene CollegeMinistry of Education, Republic of
China (Taiwan)MRC Laboratory of Molecular BiologyNarotam Sekhsaria FoundationNational University of SingaporeNIH Ox/Cam ProgrammeNoon Educational FoundationOmid TrustOpen Society FoundationOxford and Cambridge Society of KenyaOxford and Cambridge Society of TorontoPallas Athéné Domus Animae FoundationParis Sciences et LettresPemanda Monappa Scholarship FundPembroke CollegeCharlie Perkins Scholarship Trust
PEXIM FoundationDr Donald PinchinVictor Pinchuk FoundationDavid & Elaine Potter FoundationQueens’ CollegeAnne Grete Eidsvig & Kjell Inge Røkke
Charitable Foundation for EducationRutherford FoundationSaïd FoundationSantanderSchlumberger Gould Research CentreScience & Engineering Research Board, IndiaSelwyn CollegeShiromani Gurdwara Parbandhak CommitteeCharles & Lisa Simonyi Fund for Arts
& SciencesSardar Manmohan Singh Charitable TrustSkye FoundationSmuts Memorial FundRoberta Sykes Indigenous Education
FoundationC T Taylor FundTrinity CollegeUK Foreign & Commonwealth Office /
CheveningUniversity of CambridgeUniversities New Zealand – Te Pōkai TaraWellcome TrustWilliams Papworth StudentshipWing YipWolfson CollegeWoolf Fisher TrustWoolf Institute
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King’s College Chapel
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www.cambridgetrust.org/partners
For further information contact: Cambridge Commonwealth, European & International Trust
Tel: +44(0)1223 338498 Fax: +44(0)1223 760618 Email: [email protected] www.cambridgetrust.org
CREATING OPPORTUNITY TO STUDY AT THE
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