Rhodes Trust
92% goes to programs $5 to raise $100 Strong reserves Declining revenue
Rhodes Trust is a 501(c)(3) organization, registered in 1961, with $84,251,911 in FY2023 revenue. CharityIndex grades it A, and it directs about 92% of spending to programs.
Oxford Ox13rg, United Kingdom, 00000 EIN 98-6000867 Since 1961
Revenue (FY2023)
$84.3M
▲ 65.8% vs prior year
International median: $227K
Expenses (FY2023)
$71.5M
Net assets
$678.7M
Employees
17
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 rating92% to programs · $5 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 Rhodes Trust: 92% to programs · $5 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating114 mo reserves · +15% 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 Rhodes Trust: 114 mo reserves · +15% margin earns a B+ 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 Rhodes Trust: 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 Rhodes Trust: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The rhodes trust is a foreign public charity whose primary exempt charitable and educational purpose is to support the maintenance of selected overseas students at oxford university (continued on schedule o)
What they do
Schmidt science fellows: growing a lifelong community of interdisciplinary scientists: building on the success of its senior fellows conference in chicago in 2023, the program staged its inaugural interdisciplinary science summit in 2024. in association with the university of toronto, the event continued its purpose of strengthening bonds between fellows but included expanded engagement with the broader research and innovation sector. this culminated with a showcase event with guests from science, academic leadership, policy, and industry connected with the mission to advance interdisciplinary science. identifying and selecting top scientific talent from around the globe: in may 2024, the program announced its 2024 schmidt science fellows; 32 exceptionally talented early-career researchers representing 17 nationalities nominated by 26 of the world's leading institutions. this year, four new institutions saw nominated candidates selected as fellows for the first time: agency for science, technology and research (a*star), singapore; nanyang technological university, singapore; max planck society, germany; and university of hong kong, hong kong. , training and developing science-leaders: a central component of the fellowship is the commitment to developing leadership and it continued to strengthen and evolve its science leadership program. the 12- month schedule consists of three week-long residential convenings held in some of the world's leading research locations, supported by additional online programming. in 2023/24 convenings were held in oxford, northern california and toronto. highlights included sessions with two nobel prize winners. in association with times higher education, the program launched a major new initiative in november 2023, the first global interdisciplinary science rankings. this work will showcase the very best practices from institutions across the world and has transformational potential for interdisciplinary science. the first interdisciplinary ranking is set to be announced in november 2024 at an interdisciplinary science forum, bringing together the sector to explore how to best encourage interdisciplinary science.
Atlantic institute: during the year to june 2024, the institute organized 21 convenings, including several in-person events, in nine countries across five continents. more than 1,000 people attended, 600 in person, of which 406 were atlantic fellows, and 400 virtually, of which 374 were fellows. other attendees included rhodes scholars and representatives from other partnership organizations. at the global atlantic fellows annual convening 2023, 169 fellows and 29 staff gathered from across the programs at rhodes house. this event includes a welcome ceremony for the newest cohorts of fellows who completed their atlantic fellows program. the atlantic institute helps build relationships and strengthen connections between atlantic fellows staff at sites worldwide. one of the highlights was convening 100 staff from across the seven programs in vietnam in march 2024, in da nang, a city close to the heart of the late philanthropist and founder of the atlantic philanthropies, chuck feeney. the atlantic institute's focus on africa is growing, and in nairobi, kenya, the institute hosted the first atlantic fellows' 'africa regional convening: transforming africa for collective prosperity'. the event served as a platform to connect fellows with partners like the rhodes trust, the africa oxford initiative, and the university of cape town. the institute awarded 90 grants totaling more than £860k, which have improved the lives and conditions of people in communities experiencing significant health and social inequalities. the xr lab ('extended reality'), opened by the institute at rhodes house, has received over 800 visitors, 199 of which are affiliated to the rhodes trust. the lab has also hosted two residencies, supported xr projects following an open call for proposals from fellows, and launched an
Contact & location
- Address
- Oxford Ox13rg, United Kingdom, 00000
- City
- —
- State
- —
- Subcategory
- International Exchange
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $950K (FY2013) to $84.3M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $68.0MNet assets $678.7M
Operating margin
15.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$746.7M
Total liabilities
$68.0M
Net assets
$678.7M
Salaries & benefits
$15.4M
21% of expenses
Board members
19
19 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $84,251,911▲65.8% | $71,523,463▲16.5% | $678,725,655▲7.6% | $746,709,320▲6.2% | 990 |
| 2022 | $50,816,028▲106% | $61,385,864▲65.1% | $630,731,714▼10.1% | $703,062,608▼8.5% | 990 |
| 2020 | $24,702,604▼83.5% | $37,192,040▲1.1% | $701,563,493▲15.7% | $768,671,339▲14.9% | 990 |
| 2019 | $150,102,603▲251% | $36,785,889▲14.1% | $606,577,729▲20.9% | $669,107,400▲18.9% | 990 |
| 2018 | $42,714,545▲2.2% | $32,245,205▲43.7% | $501,606,212▲13.7% | $562,515,784▲22.6% | 990 |
| 2017 | $41,785,458▼2.4% | $22,434,040▲19.7% | $441,348,204▲3.7% | $458,938,687▲3.5% | 990 |
| 2016 | $42,795,316▲5249% | $18,738,274▲2163% | $425,468,035▲216959% | $443,561,275▲224548% | 990 |
| 2015 | $800,000 | $828,044▲8.1% | $196,015▼13.5% | $197,447▼16.0% | 990 |
| 2014 | $800,000▼15.8% | $766,283▼14.5% | $226,630▲17.5% | $234,987▲18.4% | 990 |
| 2013 | $950,000 | $895,824▲34.4% | $192,913▲40.2% | $198,499▲31.6% | 990 |
| 2012 | — | $666,550▲105% | $137,615▲469% | $150,822▲283% | 990 |
| 2011 | — | $325,697▼48.7% | $24,165▼44.1% | $39,398▼14.7% | 990 |
| 2010 | — | $635,284 | $43,230 | $46,197 | 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: Dr Elizabeth Kiss — $347,609 (0.49% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Elizabeth Kiss | Warden and Ceo | 40 | $347,609 |
| Dr Megan Kenna | Ssf Executive Director | 40 | $309,319 |
| Peter Anderson | Chief Financial Officer/chief Operating Officer | 40 | $275,274 |
| Evie O'brien | Atlantic Institute Executive Director | 40 | $250,532 |
| Muloongo Muchelemba | Rise Director of Selection | 40 | $240,762 |
| Rodolfo Lara Torres | Director of Global Engagement & Programmes | 40 | $230,218 |
| Louise Dearnley | Director of Selection & Outreach | 40 | $207,152 |
| Rachel Wood | Directorofadvancementandengagement,northamerica | 40 | $193,724 |
| Matt Goode | Ssf Deputy Executive Director | 40 | $177,239 |
| Mat Davies | Director of Estates | 40 | $172,494 |
| Julia Palejowska | Finance Director | 40 | $166,294 |
| Joyce Knight | Director of Us Operations (through Dec 2023) | 40 | $161,095 |
| Andrew Banks | Trustee | 1 | — |
| Chris Oechsli | Trustee | 1 | — |
| Douglas A Beck | Trustee | 1 | — |
| Dr Catherine O'regan | Trustee | 1 | — |
| Dr Menaka Guruswamy | Trustee | 1 | — |
| Dr Tariro Makadzange | Trustee | 1 | — |
| Fred Swaniker | Trustee | 1 | — |
| Glen James | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| E W Beard Ltd | Construction Services | $11,666,104 |
| The World Universities Insights Ltd | University Ranking Implementation | $1,015,936 |
| Gv Multi Media | Audio-visual Services | $779,393 |
| Wilson Vale Catering Management | Catering | $706,674 |
| Carter Nicholas Building Services | Construction Services | $704,783 |
Grants made · $112K in FY2023
2 grants totaling $112K in FY2023. All grants made by Rhodes Trust →
| Recipient | Purpose | Amount |
|---|---|---|
| Tony Blair Institute For Global Change | Catalyst grant to continue work on the 'always on' agenda. | $99,502 |
| Rhodes Incubator | Operational support | $12,438 |
Frequently asked questions
- Is Rhodes Trust a legitimate nonprofit?
- Yes. Rhodes Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 98-6000867.
- What is Rhodes Trust's EIN?
- Rhodes Trust's Employer Identification Number (EIN) is 98-6000867.
- How much revenue does Rhodes Trust report?
- Rhodes Trust reported $84,251,911 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Rhodes Trust's spending goes to programs?
- Rhodes Trust spends about 92% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Rhodes Trust have?
- CharityIndex grades Rhodes Trust A, based on program efficiency and fundraising cost.
- How much does Rhodes Trust's highest-paid employee make?
- The highest reported compensation on Rhodes Trust's latest Form 990 is $347,609, paid to Dr Elizabeth Kiss (Warden and Ceo).
Explore more
Data for Rhodes Trust (EIN 98-6000867) 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.