Chancellor Masters & Scholars of the University of Oxford
501(c)(3)
97% goes to programs $2 to raise $100 Strong reserves Growing revenue
Chancellor Masters & Scholars of the University of Oxford is a 501(c)(3) organization based in Cary, North Carolina, registered in 1930, with $3,629,522,803 in FY2023 revenue. CharityIndex grades it A, and it directs about 97% of spending to programs.
4000 Centregreen Way, Cary, NC, 27513 EIN 98-6001062 Since 1930
Revenue (FY2023)
$3.6B
▲ 6.1% vs prior year
Expenses (FY2023)
$2.6B
Net assets
$8.0B
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating97% to programs · $2 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Chancellor Masters & Scholars of the University of Oxford: 97% to programs · $2 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating36 mo reserves · +27% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Chancellor Masters & Scholars of the University of Oxford: 36 mo reserves · +27% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Chancellor Masters & Scholars of the University of Oxford: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Chancellor Masters & Scholars of the University of Oxford: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The principal objects of the university are the advancement of learning by teaching and research and its dissemination by every means. we work as one oxford bringing together our staff, students and alumni, our colleges, faculties, departments and divisions to provide world-class research, education and academic and educational publishing. we do this in ways which benefit society on a local, national and global scale. we build on the university's long-standing traditions of independent scholarship and academic freedom while fostering a culture in which innovation and collaboration play an important role. we are committed to equality of opportunity and to engendering inclusivity. we believe that diverse staff and students strengthen our research and enhance our students' learning.
What they do
Research: 2023/24 highlights * for the ninth consecutive year, ranked first in the times higher education (the) worldwide ranking of universities (both overall and for the research environment) * highest overall research income of any uk university including highest for uk charities, uk public sector, industry and the european commission * oxford is the recipient of the highest quality-related recurrent funding for research of any uk university in 2024/25 * oxford university retains top spot as the leading uk academic institution for generating spinouts the university research activity is extensive, engaging over 2,000 academics, more than 5,000 research staff and over 7,300 postgraduate research students. collaborating with universities, research organisations, healthcare providers, businesses, community groups, charities and government agencies, both nationally and internationally, the university drives significant public benefits. these include enhanced public policy, improved health outcomes, economic prosperity, social cohesion, international development, community identity, and achievement in the arts, culture and overall quality of life. in 2023/24 the university received 2,481 new research awards, amounting to a cumulative value of $1,227m which will be utilised over the duration of the awards in the coming years. additionally, research england provided crucial support through quality related (qr) recurrent grant funding totalling $213m . selected research funding highlights in the past year include: * $27m received from the uk research councils for a quantum computing research hub to develop the technologies needed in the development of quantum computers * $106.5m in core funding from wellcome over seven years to support the africa and asia programme of research focused on infectious diseases * $19m from the european research council to support four consolidator grantees in establishing their own research teams and to recognise four advanced grantees for their ground-breaking projects and significant research achievements * $14m awarded by the serum institute of india for the phase 3 trial of the r21/matrix-m malaria vaccine. recent data confirm the vaccine's high efficacy and favourable safety profile in african children * $5m from wellcome to establish one of eight research discovery platforms. the discovery research antitheses platform for transformative inclusivity in ethics and humanities research. this platform will focus on developing new concepts, methods, and tools to address conflicting societal values and promote inclusivity in ethics and humanities research. in recognition of the university's excellence in both education and research, in 2023/24 eighteen of our academic and professional staff were awarded national honours by the king; nine were elected as fellows of the royal society; eight were elected as fellows of the academy of medical sciences; another eight as fellows of the british academy; three to the academy of social sciences; and two to the royal academy of engineering.
Academic and educational publishing: 2023/24 highlights * added 7,500 books to oxford scholarship online * academic titles won 71 major awards * reached 55m learners across 157 countries through education publishing * 2,000 researchers and 1,280 educators surveyed about their views on ai * 300% increase in sessions on the oxford english hub through oxford university press, the university serves three core publishing markets: research, the learning of english, and education, and is committed to creating high quality content supporting research and education, and making that content available all over the world. the press's academic division continued to expand and enhance its digital offer. on oxford academic - its main platform for research content - it implemented developments to improve speed, as well as discoverability. 7,500 books were also added to the oxford scholarship online archive, increasing the amount of available c
Contact & location
- Address
- 4000 Centregreen Way, Cary, NC, 27513
- City
- Cary
- State
- North Carolina
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $2.5B (FY2013) to $3.6B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $3.2BNet assets $8.0B
Operating margin
27.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$11.3B
Total liabilities
$3.2B
Net assets
$8.0B
Salaries & benefits
$881.2M
33% of expenses
Board members
25
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $3,629,522,803▲6.1% | $2,647,703,689▼16.7% | $8,027,306,294▲19.8% | $11,256,440,917▲8.0% | 990 |
| 2022 | $3,422,082,921▲9.1% | $3,178,771,124▲11.4% | $6,699,572,102▲7.3% | $10,422,011,962▲4.2% | 990 |
| 2021 | $3,135,411,955▲0.2% | $2,854,250,528▼5.3% | $6,244,764,611▼11.4% | $10,000,458,945▼8.5% | 990 |
| 2020 | $3,128,060,530▲3.7% | $3,015,499,632▲19.9% | $7,051,904,728▲25.7% | $10,924,685,600▲19.6% | 990 |
| 2019 | $3,017,540,114▲11.3% | $2,515,327,630▼13.3% | $5,611,869,303▲13.3% | $9,136,943,444▲14.5% | 990 |
| 2018 | $2,711,005,963▲2.8% | $2,901,742,647▲10.9% | $4,951,717,712▼5.2% | $7,979,331,896▼1.5% | 990 |
| 2017 | $2,636,047,096▲12.4% | $2,616,594,585▲16.4% | $5,222,921,657▲5.8% | $8,100,591,829▲18.8% | 990 |
| 2016 | $2,345,166,897▼1.9% | $2,247,968,305▼5.1% | $4,937,521,750▼3.0% | $6,817,491,408▼2.6% | 990 |
| 2015 | $2,391,755,009▼6.1% | $2,369,317,939▼2.1% | $5,088,367,963▼3.4% | $6,996,946,516▲2.7% | 990 |
| 2014 | $2,548,073,099▲1.0% | $2,421,302,363▼0.1% | $5,268,325,168▲3.1% | $6,815,029,945▲6.2% | 990 |
| 2013 | $2,522,460,717 | $2,423,225,663▲20.1% | $5,111,636,400▲11.5% | $6,414,531,593▲13.7% | 990 |
| 2012 | — | $2,018,438,533▲9.7% | $4,582,706,175▲6.7% | $5,640,894,035▲8.7% | 990 |
| 2011 | — | $1,839,199,234 | $4,294,833,617 | $5,190,483,710 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Nigel Portwood — $1,703,474 (0.06% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Nigel Portwood | Chief Executive of Oxford University Press | 40 | $1,703,474 |
| Tim Fulton | Oup - Chief Transformation Officer | 40 | $1,038,834 |
| Fathima Dada | Oup - Managing Director - Education | 40 | $1,010,169 |
| David Clark | Oup - Managing Director - Academic | 40 | $913,791 |
| Giles Spackman | Group Finance Director, Oup | 40 | $750,116 |
| Professor Louise Richardson | Former Vice-chancellor | 0 | $585,709 |
| Professor Soumitra Dutta | Dean and Professor of Management, Sbs | 40 | $545,191 |
| Professor Irene Tracey | Vice-chancellor | 40 | $516,942 |
| Professor Andrew Stephen | Dep Dean - Faculty & Research, Sbs | 40 | $509,285 |
| Professor Gavin Screaton | Head of the Medical Sciences Division | 40 | $408,894 |
| Simon Boddie | Chief Financial Officer | 40 | $340,745 |
| Professor David Gann | Pro Vice Chancellor With Portfolio | 40 | $339,770 |
| Dr David Prout | Pro Vice Chancellor With Portfolio | 40 | $306,671 |
| Gill Aitken | Registrar | 40 | $293,040 |
| Professor Chas Bountra | Pro Vice Chancellor With Portfolio | 40 | $257,852 |
| Mr Richard Ovenden | Bodley's Librarian & Head of Glam | 40 | $241,618 |
| Professor Anne Trefethen | Pro Vice Chancellor With Portfolio | 40 | $231,706 |
| Professor Martin Williams | Pro Vice Chancellor With Portfolio | 40 | $224,930 |
| Professor Patrick Grant | Pro Vice Chancellor With Portfolio | 40 | $224,130 |
| Professor Timothy Power | Head of the Social Sciences Division | 40 | $198,542 |
Top vendors & contractors (FY2022)
| Contractor | Services | Paid |
|---|---|---|
| Morgan Sindall Limited | Construction/ Building Services | $22,862,912 |
| Life Technologies Limited | Bio Tech Company | $8,766,445 |
| John Graham Construction Ltd | Construction/ Building Services | $7,480,755 |
| Kingerlee Limited | Construction/ Building Services | $7,220,133 |
| Merck Life Science Uk Limited | Scientific Equipment | $5,914,247 |
Grants received · $9.5M total
10 grants to Chancellor Masters & Scholars of the University of Oxford totaling $9.5M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Childrens Mercy Hospital | Research | 2023 | $121,720 |
| Childrens Mercy Hospital | Research | 2022 | $76,171 |
| California Community Foundation | Education | 2021 | $3,553,854 |
| Childrens Mercy Hospital | Research | 2021 | $176,628 |
| California Community Foundation | Education | 2020 | $764,427 |
| California Community Foundation | Education | 2019 | $1,470,197 |
| California Community Foundation | Education | 2018 | $2,197,040 |
| California Community Foundation | Education | 2017 | $549,360 |
| California Community Foundation | Education | 2016 | $252,635 |
| California Community Foundation | Education | 2015 | $313,140 |
Frequently asked questions
- Is Chancellor Masters & Scholars of the University of Oxford a legitimate nonprofit?
- Yes. Chancellor Masters & Scholars of the University of Oxford is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 98-6001062, based in Cary, North Carolina.
- What is Chancellor Masters & Scholars of the University of Oxford's EIN?
- Chancellor Masters & Scholars of the University of Oxford's Employer Identification Number (EIN) is 98-6001062.
- How much revenue does Chancellor Masters & Scholars of the University of Oxford report?
- Chancellor Masters & Scholars of the University of Oxford reported $3,629,522,803 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Chancellor Masters & Scholars of the University of Oxford's spending goes to programs?
- Chancellor Masters & Scholars of the University of Oxford spends about 97% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Chancellor Masters & Scholars of the University of Oxford have?
- CharityIndex grades Chancellor Masters & Scholars of the University of Oxford A, based on program efficiency and fundraising cost.
- How much does Chancellor Masters & Scholars of the University of Oxford's highest-paid employee make?
- The highest reported compensation on Chancellor Masters & Scholars of the University of Oxford's latest Form 990 is $1,703,474, paid to Nigel Portwood (Chief Executive of Oxford University Press).
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Data for Chancellor Masters & Scholars of the University of Oxford (EIN 98-6001062) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.