Campaign Brochure
Campaign Brochure
GONVILLE & CAIUS COLLEGE
TRANSFORMING TOMORROW
An Invitation to Help Caius Continue its Tradition of Collegiate Excellence
In 2009 the University of Cambridge will celebrate its 800th Anniversary. A major fund-raising campaign has been launched to help secure Cambridge’s excellence in teaching and research for future generations. Colleges are at the heart of a Cambridge education, so the individual fund-raising campaigns of each College are an important part of the overall 800th Campaign that embraces the whole University. Gifts at all levels are welcome and every gift to Caius counts towards the total funds raised. The College aims to raise at least £25million of the target set for the Cambridge 800th Anniversary Campaign, to raise £1billion by 2012.
Cambridge is a world-class university, one of only two British universities ranked in the top ten in the world. Colleges are the key to its excellence. They allow Cambridge to grow large and remain intimate, to be at once both big and small. Colleges, each spanning the academic spectrum, offer wonderful opportunities for cross-fertilisation of ideas through conversations that stimulate creativity and lateral thinking both at High Table and on the student benches. In recent years the Colleges have faced increasing financial difficulty, and the University has been challenged to maintain its world position ahead of an ever-increasing number of well-endowed American universities.
THE ENDOWMENT
Our College was founded in 1348. During the first six hundred years of its history the generosity of Caians and friends of the College supported our core activities of teaching, research and scholarship and enabled us to build up our Endowment. As a result of judicious investment, this fund generates a steady income to help support our work. In addition, in the second half of the twentieth century the College received unprecedented amounts of Government funding, which provided a major part of our running costs. Today’s students, for the first time, are expected to pay increasing amounts for their education, by taking out loans that they will repay with interest.
In the twenty-first century Caius and the other Oxbridge Colleges again need to look to their own resources to fund their activities and support their students. Caius is neither the richest nor the poorest College. Over the centuries, the Endowment we have accumulated, excluding the actual College buildings, is just over £100million. Prudently invested, this Endowment provides an income stream of 4.5% per annum while maintaining the real value of the capital. The annual costs of running the College are at least £9million, so in broad terms Caius supports itself to the tune of about 50%. If the College is to continue to be in the first division of Cambridge Colleges, and compete with increasingly well-endowed Colleges and Universities globally, it must find new ways of generating its income. Ideally, this should be through a rediscovery of the spirit of giving and support from Caians and other benefactors that sustained the College through its first six hundred years. In recent years we have made major strides towards achieving this goal: Caians and friends of the College have generously given £10million towards the cost of the beautiful new student accommodation at 5 West Road. For the first time in our history, a new College building has been funded by our own members, rather than by drawing on the Endowment. We hope Caius will continue to be blessed by this new flowering of the culture of benefaction. Such vision and generosity will transform the College and reduce our dependence on government funding.
Accordingly, this appeal is primarily aimed at increasing the Endowment to support the College in perpetuity. Unrestricted gifts or legacies are of the greatest use for this purpose, as they give the College maximum flexibility to meet changing needs. Naturally, the Master and Fellows have the ultimate discretion over the use of College funds, but benefactions for specific purposes are enormously welcome and the College will always endeavour to use such gifts in accordance with the donors’ wishes. Many special funds are described in the following sections.
INVESTING IN OUR TEACHING
One of the unique strengths of a Cambridge education is the College-based small group supervision system which emphasises individual learning and encourages argument and debate. Providing good undergraduate supervisions in small groups is becoming increasingly difficult without additional funding. The College’s supervision system gives our students the flexibility and breadth of outlook essential to succeed in a rapidly changing world. Caius seeks support from those who care about securing the future of this system.
Fellows are central to the life of the College. It is the Fellows who are primarily responsible for the fulfilment of the College’s mission to promote learning at the highest level, through teaching as well as through research. The reputation of the College, within the University as well as outside it, depends in good part on the quality of its Fellowship. The College is now turning to Caians to endow College Lectureships as the Government’s support for the supervision system from which Caians have traditionally benefited becomes progressively less certain. Without these Lectureships the supervision system so essential to the continuing excellence of Cambridge’s graduates will not survive.
All gifts, large and small, will make a real difference to the College’s ability to provide the small group supervision system that is the hallmark of a Cambridge education.
COLLEGE LECTURESHIP FOR A UNIVERSITY LECTURER OR PROFESSOR
University Teaching Officers who receive their prime stipend from Cambridge University constitute the majority of the Fellows. The expenses of such Fellowships from the College’s point of view are the provision of a College room for teaching, dining rights and payment for carrying out supervisions for the College and for holding other College offices, such as Tutorships. These days University Lecturers, whose department funding depends upon their research rating, may find they have less time to undertake College teaching. For this reason, the College may increasingly have to rely on College Teaching Officers to maintain the supervision system.
To endow a College Lectureship for a University Teaching Officer.........................................£300,000
COLLEGE LECTURESHIP FOR A COLLEGE TEACHING OFFICER
College Teaching Officers are entirely funded by the College and are full time College teachers. They are expected to act as Directors of Studies when needed and to give a substantial amount of supervision to Caius students each year. These Fellows form a mainstay of College teaching; they participate fully in the interviewing of candidates and also hold other College offices; they often serve for a substantial period as Tutors. If we are to continue to attract people of the highest calibre for such appointments, which often form an important ‘bridge’ between a Research Fellowship and achievement of a University post, we must make the terms, in respect of salary and tenure, comparable with those for University Teaching Officers. Given the diminution in the government-funded College Fee, we shall need to establish endowments in order to do this.
To endow a College Lectureship for a College Teaching Officer.........................................£1million
INVESTING IN OUR RESEARCH
World-class research and related teaching are a vital part of the College’s mission. In the past, Caius has supported the appointment of four Research Fellows each year. In 2002, for financial reasons, this had to be reduced to two appointments each year and the College regards as a priority the need to restore this level to four. As a result the College invites support at all levels for our Research Fellowship funding.
RESEARCH FELLOWSHIPS
Research Fellowships are short-term positions, held for a maximum of four years by young scholars who have just completed, or are about to complete, their Ph.D. These are elected, by stringent competition, from amongst the most promising young researchers drawn from both Britain and overseas. Those who have held such posts at Caius have generally gone on to most distinguished careers; Stephen Hawking and Joseph Stiglitz, who in 2001 won the Nobel Prize for Economics, are notable examples. These Fellowships allow academics early in their career to focus uncompromisingly on key lines of research, often at the same time as learning teaching skills. Research Fellows form an excellent link between the senior and junior members of the College, and contribute greatly to the vibrant life of the College. Providing such Research Fellowships is one of the major contributions the Colleges of Cambridge and Oxford make to the nation’s intellectual life.
To endow a Research Fellowship.........................................£900,000
POSTGRADUATE STUDENTSHIPS
The greatest expansion in the College in recent years has been in our lively, increasingly international, postgraduate community. Caius now has around 250 postgraduate students and 500 undergraduates. Many carry a burden of debt from their first degrees and the College is keen to ensure that the best candidates are able to come to Caius, whatever their financial situation. Donations to the Student Support Fund and the Overseas Student Bursary Fund may be specified to support postgraduates.
To endow a Named Graduate Studentship for an Overseas Student.........£500,000
To endow a Named Graduate Studentship for a Home/EU Student...........£360,000
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| Professor Philip Grierson (1929), Numismatist and Historian. Admitted to Caius as an undergraduate (BA 1932, MA 1936), Fellow 1935-2006, President 1966-1976. Schuldham Plate 1933. |
Dr Francis Crick (1949), Physics graduate and pioneer of molecular biology. Admitted to Caius as a Research Student (PhD 1954), Honorary Fellow 1976. Nobel Prize 1962, Copley Medal 1975. Pictured with Professor James Watson, codiscoverer of the structure of the DNA molecule. |
Professor Stephen Hawking (1965), Lucasian Professor of Mathematics and author of science bestseller A Brief History of Time. Admitted to Caius as a Tapp Research Fellow (PhD 1966). Copley Medal 2006. |
Professor Joseph Stiglitz (1965), Economist and former Chief Economic Advisor to the US Government and the World Bank. Admitted to Caius as a Tapp Research Fellow (1965-1970). Nobel Prize 2001. |
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| Sir Ronald Fisher (1909), Statistician and Biologist. Admitted to Caius as an undergraduate (BA 1912, MA 1920, ScD 1926), Fellow 1921, President 1956-1959. Copley Medal 1955. |
Sir James Chadwick (1919), Discoverer of the neutron. Admitted to Caius as a Research Student (PhD 1921), Fellow 1921, Master 1948-1958. Nobel Prize 1935, Copley Medal 1950. Pictured with Sir John Cockcroft, Nobel Laureate for splitting the atom. |
Sir Nevill Mott (1930), Cavendish Professor of Experimental Physics. Admitted to Caius as a Fellow, Master 1959-1965. Copley Medal 1972, Nobel Prize 1977. |
Dr Joseph Needham (1918), Biochemist and authority on the history of Chinese science. Admitted to Caius as an undergraduate (BA 1921, PhD 1925), Fellow 1924, President 1959-1966, Master 1966-1976. |
INVESTING IN OUR ARCHITECTURAL AND CULTURAL HERITAGE
In the past few years a major element of the College’s cost reduction has been reduced maintenance expenditure on College buildings. This must be no more than a temporary postponement of work that is essential to preserve the beautiful historic buildings we have inherited. Maintenance of the Old Courts and funding for the Library, Chapel and Archives will all form part of this appeal.
MAINTENANCE OF THE OLD COURTS
The upkeep of our buildings is a continuing and substantial burden on the College’s annual budget. Much of the work is routine maintenance but under recent changes to Health and Safety Regulations, the Old Courts, once exempted as ancient, listed buildings, must now comply with the national standards for houses let for multiple occupation.
This College has a proud tradition of remembering those who have made it what it is. Our name commemorates our two great founders. In the College Chapel, the Master regularly recites the names and deeds of men and women from the distant past right up to the present day, benefactors from whose generosity and foresight our students continue to benefit. 75 undergraduate rooms in the new building, 8 Fellows’ sets, 3 supervision rooms and the Cavonius Centre all carry the names of benefactors or their loved ones, so that future generations will know that we, too, wanted to express our heartfelt thanks and appreciation to those whose generosity made this building possible.
Accordingly, the College Council has agreed that rooms and sets in the Old Courts and Harvey Court may also be named to commemorate donors.
To name a Student Set in the Old Courts................................................£50,000
To name a Student Room in the Old Courts..............................................£30,000
To name a Student Room in Harvey Court................................................£25,000
To name a Set for a Fellow in the Old Courts or Harvey Court....................£100,000
THE COLLEGE LIBRARY
The acquisition of the Cockerell Library was arguably the most important addition to the College’s facilities in more than 400 years. The combination of natural light, historic grandeur and modern computer facilities make it the finest College Library in Cambridge. It inspires students first to apply to Caius and then to work hard when they are here. The Upper Library is the working library for students and Fellows. In addition to precious College Archives stretching back to our foundation, the Lower Library houses 900 medieval manuscripts and many more early printed books, in their custom-made, seventeenth century bookcases, in a controlled environment. Both Libraries are vitally important, but the cost of running and maintaining them is considerable.
To ensure its survival in perpetuity, a Library Endowment of £7.5million is required to underpin the annual running costs of both Libraries. If donors choose to designate their gifts for the College Library, 10% will be made available immediately for the restoration of medieval manuscripts and books or special book purchases, all of which may carry bookplates commemorating the gift. Donations over £50,000 will be subject to individual discussion.
It may be that a philanthropist or a commercial organisation would welcome the opportunity to name Charles Cockerell’s neo-classical masterpiece. Accordingly, the College Council has decided that the honour of naming the College Library should be conferred in recognition of a benefaction of £20million, sufficient to reimburse all of the College’s costs in acquiring and restoring the Library, which resulted in a major reduction in the College’s endowment in the 1990s.
COLLEGE CHAPEL
The Chapel stands at the heart of the College. Centuries-old forms of worship continue to be honoured there: but Chapel is also a centre where students, Fellows and staff can meet together informally. There is a strong emphasis on welcoming everyone connected with the College, from whatever religious tradition or denomination. Distinguished visiting preachers are invited regularly, to enhance the worship and encourage reasoned and intelligent debate on matters religious, ethical and moral. The cost of maintaining these services and caring for the historic fabric of the Chapel is significant and gifts to the Chapel are welcomed. By long tradition, two student Chapel Clerks are appointed annually by the College Council to assist
To name a Chapel Clerkship.........................................£50,000
INVESTING IN OUR STUDENTS
Underpinning our commitment to academic excellence and personal development is the conviction that the College should attract the best undergraduate and graduate applicants from all social and economic backgrounds. So it is essential that we are in a position to offer bursaries to talented students who might otherwise be deterred from applying to Caius, and to fund an Admissions Tutor to reach out to schools with no tradition of sending pupils to Cambridge. The Student Support Fund has been set up to support undergraduate and postgraduate bursaries, access initiatives and tutorial support.
To name an Undergraduate Bursary......................................£75,000
We seek to admit the brightest students and, by giving them strong support through the College-based supervision system, enable them to fulfil their academic potential. We are dedicated to helping our students develop all their talents and extend their cultural horizons. We value all extra-curricular contributions to College and University life, whether they be sporting, musical, dramatic, artistic, political or social. Our key concern is that our students should be educated to thrive in the 21st century and to contribute successfully to the world in which they live. Funding is sought for College sports and music to enhance our students’ educational experience and to maintain the College’s reputation for all-round excellence.
COLLEGE MUSIC
The College is pleased to announce the establishment of the Hadley-Tranchell Music Fund to provide principally for the work of the Precentor, Organ Scholars and Choral Scholars, but also for other musical activities within the College. The College Choir has a high reputation both at home and abroad, which rests largely on the extra-mural activities of the Choir in recordings, concerts and tours. Such high artistic standards require great dedication on the part of our young musicians and singers, and they richly deserve the full financial support of the College. An endowment of over £2 million is required to maintain this work.
To name a Choral Scholarship.........................................£50,000
To name an Organ Scholarship........................................£200,000
COLLEGE SPORTS
Facilities for many College sports, rugby, rowing, hockey, cricket, athletics, tennis, football, squash, netball and others all need support from our limited funds if Caius sportsmen and women are to achieve their true potential. An endowment of £3.5million is required to cover the costs of all College sport.
An all-purpose Fitness Centre somewhere on College property, accessible to all members, would be warmly welcomed by students across the board. For today’s students, putting in long hours at demanding academic work, regular exercise is a vital counterbalance. Modern facilities for improving fitness would be welcomed and appreciated by the whole College community.
The Boat Club The Men’s First VIII has rowed over as Head of the River in the Lent and May Bumps for so many years, that it has won the traditional accolade of being permitted to erect a Clock Tower on top of the College Boathouse. The standard of facilities for our rowers falls far short of the supremacy they have achieved on the river and steps are being taken towards planning a major refurbishment of the boathouse to coincide with the building of the Clock Tower. The College hopes that Boat Club supporters will fund this much overdue tribute to what has been almost unprecedented excellence in this showpiece of Cambridge sport.
To name a Shell for the Boat Club...................................£30,000
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MAKING THE MOST OF YOUR GIFT
We are inviting all Caians, parents and friends of the College worldwide to give as generously as they can to help achieve our ambitious target of £25million, required to help secure the College’s excellence in teaching and research for future generations. Gifts at every level will make a real difference to the College’s ability to offer an educational experience of exceptional quality, diversity and scholarship. The table below illustrates how, if you pay tax in the UK, your donation can substantially increase in value when given by Gift Aid. This is because the College can claim back from the Inland Revenue the basic rate tax already paid by the donor. In addition, higher rate taxpayers can claim unlimited personal tax relief at the difference between the basic rate and the higher rate of income tax on the gross value of their gift.
Regular Gift Aid
for 4 Years |
Single Payment
by Gift Aid |
Final Cost to
Higher Rate
Taxpayer |
Total Value
to Caius |
£20,000
per annum |
£80,000 |
£60,000 |
£100,000 |
£10,000
per annum |
£40,000 |
£30,000 |
£50,000 |
£6,000
per annum |
£24,000 |
£18,000 |
£30,000 |
£4,000
per annum |
£16,000 |
£12,000 |
£20,000 |
£2,000
per annum |
£8,000 |
£6,000 |
£10,000 |
£50
per month |
£2,400 |
£1,800 |
£3,000 |
£20
per month |
£960 |
£720 |
£1,200 |
For gifts from UK taxpayers, tax recovery has been calculated assuming a basic rate tax of 20% and a higher rate tax of 40%
Transfer of Shares, Land and Property When quoted shares and securities are transferred to the College, UK Income Tax relief can be claimed by the donor for the full market value of the gift, in addition to relief on any existing Capital Gains Tax payable. This enables those holding shares with large capital gains to make a gift to the College at a cost to themselves of as little as 42% of the value of their gift to the College. These tax benefits also apply to gifts of land and property to the College.
Taxpayers in the USA can make tax-deductible gifts to the Caius Foundation, which is a tax-exempt educational and charitable organization under section 501(c)(3) of the Internal Revenue Code and makes grants benefiting Gonville and Caius College.
Taxpayers in Canada can also make tax-deductible gifts. Please ask the Development Office for a Canadian tax receipt.
Legacies All legacies and bequests to the College are free of UK Inheritance Tax, by virtue of the College’s charitable status.
Deed of Variation If you are a beneficiary under a Will, you can transfer all or part of your inheritance to the College under a Deed of Variation. Gifts thus transferred are free of Inheritance Tax, affording the opportunity for Gonville & Caius to benefit during your lifetime.
Make a Gift
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