NUFFIELD COLLEGE IN THE UNIVERSITY OF OXFORD
Financial health, per its FY2025 accounts
The accounts state that the College recorded a deficit before gains of £2,327k, driven by a decrease in income and higher expenditure compared to the prior year. However, net gains on investments of £11,870k resulted in an overall surplus of £8,077k, increasing total funds to £335,461k. The Trustees confirm adequate resources to continue in operation for at least 12 months, with free reserves sufficient to cover approximately 18 months of expected charitable expenditure in the event of a significant decline in operating income.
What the accounts disclose
“The College’s reserves policy is to maintain sufficient free reserves to meet short-term financial obligations in the event of an unexpected revenue shortfall.” — page 14
“The College had one wholly owned non-charitable subsidiary in the year: Nuffield College Developments 1 Ltd (NCD1 Ltd)” — page 8
Leadership, per the charity’s website
- Professor Julia Black CBE PBA — Warden
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- DR BENT NIELSEN
- Dr CHRISTIAAN MONDEN
- Dr Carl Martin Ludvig Sinander
- Dr Carlo Perrotta
- Dr ELENI KECHAGIA-OVSEIKO
- Dr ERZSEBET BUKODI
- Dr Lauren Sukin
- Dr MARGARET MEYER
- Dr Martin Weidner
- Dr Ozan Aksoy
- Dr Rachel Bernhard
- Dr STEPHEN BOND
- Dr Tarik Abou-Chadi
- Dr Zeynep Pamuk
- PROF COLIN MILLS
- PROF EZEQUIEL GONZALEZ OCANTOS
- PROF GEOFFREY EVANS
- PROF PAUL KLEMPERER
- PROF STEPHEN BROADBERRY
- PROFESSOR FRANK WINDMEIJER
- PROFESSOR JANNE JONSSON
- PROFESSOR LUCIE CLUVER
- Prof Benjamin William Ansell
- Prof Francisco David Rueda
- Prof Ian Anderson Crawford
- Prof Jane Green
- Prof Pepper Culpepper
- Professor Andrew Thompson
- Professor Barbara Petrongolo
- Professor Cecile Laborde FBA
- Professor Desmond King
- Professor Julia Black
- Professor Martin Ellison
- Professor Melinda Catherine Mills
- Professor Silvia Miranda-Agrippino
- Professor Zachary Parolin
- RIDHI KASHYAP
- THOMAS MOORE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £14.0m | £17.0m |
| 31/07/2024 | £14.5m | £11.8m |
| 31/07/2023 | £13.8m | £16.9m |
| 31/07/2022 | £46.5m | £49.3m |
| 31/07/2021 | £11.9m | £12.8m |
Common questions
Is NUFFIELD COLLEGE IN THE UNIVERSITY OF OXFORD financially healthy?
The accounts state that the College recorded a deficit before gains of £2,327k, driven by a decrease in income and higher expenditure compared to the prior year. However, net gains on investments of £11,870k resulted in an overall surplus of £8,077k, increasing total funds to £335,461k. The Trustees confirm adequate resources to continue in operation for at least 12 months, with free reserves sufficient to cover approximately 18 months of expected charitable expenditure in the event of a significant decline in operating income. Its FY2025 accounts were audited by Moore Kingston Smith LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE KAJATAWA FOUNDATION | 1 | £25k |
| THE ISAAC NEWTON TRUST | 1 | £17k |
| THE HEALTH FOUNDATION | 1 | £13k |