FITZWILLIAM COLLEGE IN THE UNIVERSITY OF CAMBRIDGE
The objects of the Charity are:1) to advance Education, Religion, Learning & Research in the University of Cambridge and 2) to provide a College wherein members of the University may work for Degrees in the University or may carry out postgraduate or other special studies at Cambridge.
Financial health, per its FY2025 accounts
The accounts state that the College's financial position is stable, with total net assets standing at £168.94 million and free reserves at £7.44 million. However, the trustees note that this level of free reserves is considered low relative to estate financing requirements and long-term loan repayments, and the College recorded a normalised operating deficit of -£0.38 million for the year. The College is confident it has sufficient liquidity and reserves to meet commitments over the next 12 to 18 months despite upcoming capital projects.
What the accounts disclose
“This level of free reserves is still considered low in the context of the financing requirements of the College estate and the repayment of long-term loans.” — page 15
“Members of the Governing Body receive no remuneration for acting in that capacity. However, remuneration is paid to those members holding positions as officers of the College.”
“The College also operates a fellows housing loan scheme and at the end of the year the total amount included in debtors amounted to £265K (2024 - £296K). These loans are offered to fellows who meet the criteria on commercial terms.” — page 55
“The College’s share of the deficit in the FCASSF as at 31 July 2025 was -£0.97 million (a surplus) (FY2024: -£0.33 million).” — page 17
Structured financials (annual return, FY ending 31/07/2025)
Register events
- Received assets from another charity (02/12/2019)
Trustees
- Baroness Sally Morgan
- David Samuel Hardman
- Dominic de Cogan
- Dr AARON D'SA
- Dr ALEXEI KOVALEV
- Dr ANDREW JARDINE
- Dr ANDREW WHEATLEY
- Dr ANNA MARIA WATSON
- Dr Akaash Kumar
- Dr Alexander Carter
- Dr Alexander Cullen
- Dr Anna Heenan
- Dr Antonin Charles Machacek
- Dr Benjamin David Guy
- Dr CHRISTOS GENAKOS
- Dr DILKUSH ROBERT OPHREM ABAYASEKARA
- Dr Davide Luca
- Dr Elisa Galliano
- Dr GABRIEL GLICKMAN
- Dr George Mather
- Dr Giulia Garbagni
- Dr Isaias Fanlo Gonzalez
- Dr Itai Massad
- Dr JOHN LEIGH
- Dr JONATHAN MICHAEL CULLEN
- Dr JULIA GUARNERI
- Dr Jean-Michel Johnston
- Dr Jonathan Rogers
- Dr KASIA JANE BODDY
- Dr KOUROSH SAEB-PARSY
- Dr MATTHEW WINGATE
- Dr Mekayla Storer
- Dr NICOLA JONES
- Dr Natalie Camille Morningstar
- Dr Nelson Saul
- Dr Olenka Pevny
- Dr PAUL ANTONY CHIRICO
- Dr PETER JASON RENTFROW
- Dr RACHEL DEBORAH CAMINA
- Dr RICHARD CHARLES POWELL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £20.3m | £15.5m |
| 31/07/2024 | £17.4m | £13.5m |
| 31/07/2023 | £14.9m | £13.8m |
| 31/07/2022 | £12.7m | £13.7m |
| 31/07/2021 | £9.4m | £10.4m |
Common questions
Is FITZWILLIAM COLLEGE IN THE UNIVERSITY OF CAMBRIDGE financially healthy?
Per its FY2025 accounts: The accounts state that the College's financial position is stable, with total net assets standing at £168.94 million and free reserves at £7.44 million. However, the trustees note that this level of free reserves is considered low relative to estate financing requirements and long-term loan repayments, and the College recorded a normalised operating deficit of -£0.38 million for the year. The College is confident it has sufficient liquidity and reserves to meet commitments over the next 12 to 18 months despite upcoming capital projects. Its FY2025 accounts were audited by PEM Audit Limited.
Who funds FITZWILLIAM COLLEGE IN THE UNIVERSITY OF CAMBRIDGE?
Funders whose own accounts filings name FITZWILLIAM COLLEGE IN THE UNIVERSITY OF CAMBRIDGE as a grant recipient include THE ISAAC NEWTON TRUST, CAMBRIDGE IN AMERICA (UK) LIMITED.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ISAAC NEWTON TRUST | FY2025 | £46k | Breakdown of grants by recipient |
| CAMBRIDGE IN AMERICA (UK) LIMITED | FY2023 | £13k | |
| CAMBRIDGE IN AMERICA (UK) LIMITED | FY2024 | £985 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WORCESTER COLLEGE OXFORD ENDOWMENT TRUST | 1 | £675k |
| MONDAY CHARITABLE TRUST | 1 | £191k |
| Tinsley Charitable Trust | 1 | £85k |
| THE KAJATAWA FOUNDATION | 1 | £60k |
Charities like this
- CHRIST'S COLLEGE CAMBRIDGE IN THE UNIVERSITY OF CAMBRIDGE FIRST FOUNDED BY KING HENRY VI OF ENGLAND AND AFTER HIS DEATH
- SELWYN COLLEGE CAMBRIDGE
- HUGHES HALL IN THE UNIVERSITY OF CAMBRIDGE
- THE MASTER AND FELLOWS OF THE COLLEGE OR HALL OF SAINT CATHARINE THE VIRGIN IN THE UNIVERSITY OF CAMBRIDGE
- JESUS COLLEGE IN THE UNIVERSITY OF CAMBRIDGE
- ROBINSON COLLEGE IN THE UNIVERSITY OF CAMBRIDGE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FITZWILLIAM COLLEGE IN THE UNIVERSITY OF CAMBRIDGE | £20.3m | — | — | below | — | no doubt |
| CHRIST'S COLLEGE CAMBRIDGE IN THE UNIVERSITY OF CAMBRIDGE FIRST FOUNDED BY KING HENRY VI OF ENGLAND AND AFTER HIS DEATH | £37.3m | — | — | unclear | — | no doubt |
| SELWYN COLLEGE CAMBRIDGE | £15.1m | — | — | unclear | — | no doubt |
| HUGHES HALL IN THE UNIVERSITY OF CAMBRIDGE | £16.7m | — | — | above | — | no doubt |
| THE MASTER AND FELLOWS OF THE COLLEGE OR HALL OF SAINT CATHARINE THE VIRGIN IN THE UNIVERSITY OF CAMBRIDGE | £19.9m | — | — | unclear | — | no doubt |
| JESUS COLLEGE IN THE UNIVERSITY OF CAMBRIDGE | £31.1m | — | — | unclear | — | no doubt |