The following is a list of British universities ordered by their financial endowments , expressed in pounds sterling at fair value .
British charity funds are made up of restricted reserves, which can only be used for specific purposes, and unrestricted reserves, which could be used for any activity within the charity's scope.[ 1] statement of recommended practice (SORP) defines endowments as specific funds with both restrictions over the endowments' income and intention from the donors to establish such endowments. In addition, these reserves must either be held indefinitely and cannot be converted into income without permission (known as permanent endowment funds) or could be converted into income at trustees' discretion (known as expendable endowment).[ 2] [ 3] [ 4] [ 5] [ 6] [ 7]
All sources are official audited financial statements published in the respective fiscal years . Note that changes to the Financial Reporting Standards (FRS 102) and the SORP in 2015 mean endowments as of 2016 are not directly comparable in all cases with those for previous years.[ 8]
[ edit ]
University
Endowment as of 2023 (£m)
Endowment as of 2022 (£m)
Endowment as of 2021 (£m)
Endowment as of 2020 (£m)
Endowment as of 2019 (£m)
Endowment as of 2018 (£m)
Endowment as of 2017 (£m)
Endowment as of 2016 (£m)
Endowment as of 2015 (£m)
Endowment as of 2014 (£m)
University of Oxford (inc colleges)
[ 11] [ 14] [ 17] [ 20] [ 21] [ 24] [ 27] [ 30] [ 33] [ 36]
University of Cambridge (inc colleges)
[ 39] [ 42] [ 45]
[ edit ] [ edit ] [ edit ] [ edit ] [ edit ] Specialist Higher Education Institutions [ edit ] [ edit ]
Institution
Total enrolment (2020/21)[ 429]
Endowment per capita
University of Cambridge (inc colleges)
22,155
£321,417
University of Oxford (inc colleges)
27,150
£270,015
London Business School
2,460
£23,550
London School of Hygiene & Tropical Medicine
1,105
£18,646
London School of Economics
13,455
£17,900
University of Edinburgh
37,830
£14,941
University of St Andrews
11,485
£10,251
[ edit ]
^ During the 2020–21 year, Reading applied for and was granted permission from the Charity Commission to close the Research Endowment Trust. As a result, all of the trust’s assets and liabilities were distributed to the University, the sole Trustee.
^ The significant fall in the value of Surrey's endowment from 2015 to 2016 is due to the reclassification of the Surrey Research Park to restricted reserves. This was done following legal counsel.
^ "Statement of Recommended Practice" (PDF) . Accounting for Further and Higher Education . Retrieved 16 June 2024 .^ Grey, Ransford (10 April 2024). "Restricted vs Unrestricted Fund" . THE FINANCIAL WAREHOUSE COMPANY . Retrieved 16 June 2024 . ^ "Academic Assets: University Fundraising - An Update" (PDF) . Sutton Trust . June 2014. Retrieved 16 June 2024 .^ "University of Bath Endowment Acceptance and Financial Management Policy" . University of Bath . 23 February 2023. Retrieved 16 June 2024 .^ "Annual Record" . Trinity College, Cambridge . Retrieved 16 June 2024 .^ "Imperial College London Endowment (as of July 31, 2023)" (PDF) . Imperial College London . 31 January 2024. Retrieved 16 June 2024 .^ "Cambridge University Endowment Fund: Annual Review 2023" (PDF) . University of Cambridge Investment Management . 30 June 2023. Retrieved 16 June 2024 .^ "Financial Statements 2015–2016" (PDF) . Durham University. pp. 61–66. Retrieved 21 December 2016 .^ "Aggregated College Accounts: Consolidated and College Balance Sheets For the year ended 31 July 2023" (PDF) . Retrieved 25 February 2024 .^ "Financial Statements 2022/23" (PDF) . University of Oxford. Retrieved 25 February 2024 .^ Colleges (group) £6,387.7M,[ 9] [ 10]
^ "Aggregated Statement of Financial Activities For the year ended 31 July 2022" (PDF) . Retrieved 5 May 2023 .^ "Financial Statements 2021/22" (PDF) . University of Oxford. Retrieved 5 May 2023 .^ Colleges (group) £6,418.4M,[ 12] [ 13]
^ "Aggregated Statement of Financial Activities For the year ended 31 July 2021" (PDF) . Retrieved 31 January 2023 .^ "Financial Statements 2020/21" (PDF) . University of Oxford. Retrieved 31 January 2023 .^ Colleges (group) £6,126.4M,[ 15] [ 16]
^ a b "Aggregated Statement of Financial Activities For the year ended 31 July 2020" (PDF) . Retrieved 31 December 2023 .^ a b "Financial Statements 2019/20" (PDF) . University of Oxford. Retrieved 31 December 2023 .^ Colleges (group) £5,036.2M,[ 18] [ 19]
^ Colleges (group) £5,132.4M,[ 18] [ 19]
^ "Oxford University Colleges Financial Statements 2018" (PDF) . d307gmaoxpdmsg.cloudfront.net . Retrieved 3 August 2019 .^ "Financial Statements 2017/18" (PDF) . University of Oxford. Retrieved 3 August 2019 .^ Colleges (group) £4,896.3M,[ 22] [ 23]
^ "Oxford University Colleges Financial Statements 2017" (PDF) . d307gmaoxpdmsg.cloudfront.net . Retrieved 3 August 2018 .^ "Financial Statements 2016/17" (PDF) . University of Oxford. Retrieved 3 August 2018 .^ Colleges (group) £4,602.8M,[ 25] [ 26]
^ "Oxford University Colleges Financial Statements 2016" (PDF) . d307gmaoxpdmsg.cloudfront.net . Retrieved 21 April 2018 .^ "Financial Statements 2015/16" (PDF) . University of Oxford. Retrieved 10 March 2017 .^ Colleges (group) £4,159.1M,[ 28] [ 29]
^ "Oxford University Colleges Financial Statements 2015" (PDF) . d307gmaoxpdmsg.cloudfront.net . Retrieved 21 April 2018 .^ "Financial Statements 2014/15" (PDF) . University of Oxford. Retrieved 10 December 2016 .^ Colleges (group) £3,868.2M,[ 31] [ 32]
^ "Oxford University Colleges Financial Statements 2014" (PDF) . d307gmaoxpdmsg.cloudfront.net . Retrieved 21 April 2018 .^ "Financial Statements 2013/14" (PDF) . University of Oxford. Retrieved 10 December 2015 .^ Colleges (group) £3,540.0M,[ 34] [ 35]
^ Colleges of the University of Cambridge ^ "Reports and Financial Statement 2022" (PDF) . University of Cambridge. Archived (PDF) from the original on 13 April 2023. Retrieved 10 June 2023 .^ Colleges £5,325M,[ 37] [ 38]
^ Colleges of the University of Cambridge ^ "REPORTS AND FINANCIAL STATEMENT 2019" (PDF) . University of Cambridge. Retrieved 2 April 2020 .^ Colleges £4,101.2M,[ 40] [ 41]
^ "Accounts of the Colleges 2017–18" (PDF) . Retrieved 11 June 2019 .^ "REPORTS AND FINANCIAL STATEMENT 2018" (PDF) . University of Cambridge. Retrieved 11 June 2019 .^ Colleges £3,188.2M,[ 43] [ 44]
^ "Annual Report and Accounts for the Year to 31 July 2023" (PDF) . The University of Edinburgh. Retrieved 30 January 2024 .^ "Annual Report and Accounts for the Year to 31 July 2022" (PDF) . The University of Edinburgh. Retrieved 29 January 2023 .^ "Annual Report and Accounts for the Year to 31 July 2021" (PDF) . The University of Edinburgh. Retrieved 20 January 2022 .^ "The University of Edinburgh Reports & Financial Statements for the year to July 2020" (PDF) . University of Edinburgh. 2020. Retrieved 17 January 2021 .^ "The University of Edinburgh Reports & Financial Statements for the year to July 2019" (PDF) . University of Edinburgh. 2019. Retrieved 10 January 2020 .^ "The University of Edinburgh Reports & Financial Statements for the year to July 2018" (PDF) . University of Edinburgh. 2018. Retrieved 12 December 2018 .^ "The University of Edinburgh Reports & Financial Statements for the year to July 2017" (PDF) . University of Edinburgh. 2017. Retrieved 15 December 2017 .^ "The University of Edinburgh Reports & Financial Statements for the year to July 2016" (PDF) . University of Edinburgh. 2016. Retrieved 21 December 2016 .^ "The University of Edinburgh Reports & Financial Statements for the year to July 2015" (PDF) . University of Edinburgh. 2015. Retrieved 15 December 2015 .^ "The University of Edinburgh Reports & Financial Statements for the year to July 2014" (PDF) . University of Edinburgh. 2014. Retrieved 5 February 2015 .^ "Financial Statements for the year to 31 July 2023" (PDF) . King's College London. Retrieved 13 December 2023 .^ "Financial Statements for the year to 31 July 2022" (PDF) . King's College London. Retrieved 18 January 2023 .^ "Financial Statements for the year to 31 July 2021" (PDF) . King's College London. Retrieved 2 February 2022 .^ "Financial Statements for the year to 31 July 2020" (PDF) . King's College London. 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Archived from the original (PDF) on 30 December 2014. Retrieved 3 January 2015 .^ "Reports and Financial Statements for the year to 31 July 2023" (PDF) . University of Glasgow. Retrieved 21 December 2023 .^ "Reports and Financial Statements for the year to 31 July 2022" (PDF) . University of Glasgow. Retrieved 18 January 2023 .^ "Reports and Financial Statements for the year to 31 July 2021" (PDF) . University of Glasgow. Retrieved 2 February 2022 .^ "Reports and Financial Statements for the Year to 31 July 2020" (PDF) . University of Glasgow. 31 July 2020. Retrieved 17 January 2021 .^ "Reports and Financial Statements for the Year to 31 July 2019" (PDF) . University of Glasgow. 31 July 2019. Retrieved 2 March 2020 .^ "Reports and Financial Statements for the Year to 31 July 2018" (PDF) . University of Glasgow. 31 July 2017. Retrieved 19 December 2018 .^ "Reports and Financial Statements for the Year to 31 July 2017" (PDF) . University of Glasgow. 31 July 2017. p. 5. Archived from the original (PDF) on 22 December 2017. Retrieved 21 December 2017 .^ "Financial Statements for the Year to 31 July 2016" (PDF) . University of Glasgow. 31 July 2016. p. 22. Retrieved 21 December 2016 .^ "Financial Statements for the Year to 31 July 2015" (PDF) . University of Glasgow. 5 February 2015. p. 5. Archived from the original (PDF) on 4 March 2016. Retrieved 15 December 2015 .^ "Financial Statements for the Year to 31 July 2014" (PDF) . University of Glasgow. 5 February 2014. p. 18. Retrieved 5 February 2015 .^ "Financial Statements for the Year to 31 July 2023" (PDF) . London School of Economics. p. 55. Retrieved 8 December 2023 .^ "Financial Statements for the Year to 31 July 2022" (PDF) . London School of Economics. p. 30. Archived from the original (PDF) on 18 January 2023. Retrieved 18 January 2023 .^ "Financial Statements for the Year to 31 July 2021" (PDF) . London School of Economics. p. 30. 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Retrieved 7 June 2013 .^ "Financial statements for the year ended 31 July 2023" . University of Manchester. Retrieved 8 December 2023 .^ "Financial statements for the year ended 31 July 2022" . University of Manchester. Retrieved 18 January 2023 .^ "Financial statements for the year ended 31 July 2021" . University of Manchester. Retrieved 2 February 2022 .^ "Financial statements for the year ended 31 July 2020" . University of Manchester. Retrieved 16 March 2021 .^ "Financial statements for the year ended 31 July 2019" . University of Manchester. Retrieved 24 December 2019 .^ "Financial statements for the year ended 31 July 2018" . University of Manchester. Retrieved 19 December 2018 .^ "Financial statements for the year ended 31 July 2017" . University of Manchester. Retrieved 19 December 2017 .^ "Financial statements for the year ended 31 July 2016" . University of Manchester. Retrieved 21 December 2016 .^ "Financial statements for the year ended 31 July 2015" . University of Manchester. Archived from the original on 22 December 2015. Retrieved 10 December 2015 .^ "Financial Statements for the Year to 31 July 2014" . University of Manchester. p. 29. Archived from the original (PDF) on 21 January 2015. Retrieved 5 February 2015 .^ "Annual Report and Accounts 2022–23" . Imperial College London . 30 November 2023. Retrieved 8 December 2023 .^ "Annual Report and Accounts 2021–22" (PDF) . Imperial College London. Retrieved 18 January 2023 .^ "Annual Report and Accounts 2020–21" (PDF) . Imperial College London. Retrieved 2 February 2022 .^ "Annual Report and Accounts 2020" . Imperial College London. 10 December 2020. Retrieved 17 January 2021 .^ "Annual Report and Accounts 2018–19" (PDF) . Imperial College London. Retrieved 24 December 2019 .^ "Annual Report and Accounts 2017–18" (PDF) . Imperial College London. Retrieved 15 December 2018 .^ "Annual Report and Accounts 2016–17" (PDF) . Imperial College London.^ "Annual Report and Accounts 2015–16" (PDF) . Imperial College London.^ "Annual Report and Accounts 2014–15" (PDF) . Imperial College London.^ "Annual Report and Accounts 2013–14" (PDF) . Imperial College London. Archived from the original (PDF) on 31 December 2014.^ "Financial Statements for the Year to 31 July 2023" (PDF) . University of Liverpool. p. 44. Retrieved 13 December 2023 .^ "Financial Statements for the Year to 31 July 2022" (PDF) . University of Liverpool. p. 46. Retrieved 18 January 2023 .^ "Financial Statements for the Year to 31 July 2021" (PDF) . University of Liverpool. p. 20. Retrieved 2 February 2022 .^ "Financial Statements for the Year to 31 July 2020" (PDF) . University of Liverpool. p. 59. Retrieved 17 January 2021 .[permanent dead link ] ^ "Financial Statements for the Year to 31 July 2019" (PDF) . University of Liverpool. p. 20. Retrieved 4 December 2019 .^ "Financial Statements for the Year to 31 July 2018" (PDF) . University of Liverpool. p. 20. Retrieved 2 December 2018 .^ "Financial Statements for the Year to 31 July 2017" (PDF) . University of Liverpool. p. 20. Retrieved 11 December 2017 .^ "Financial Statements for the Year to 31 July 2016" (PDF) . University of Liverpool. p. 20. Retrieved 21 December 2016 .^ "Financial Statements for the Year to 31 July 2015" (PDF) . University of Liverpool. p. 20. Retrieved 12 December 2015 .^ "Financial Statements for the Year to 31 July 2014" (PDF) . University of Liverpool. p. 20. Retrieved 5 February 2015 .^ "Annual Report and Financial Statements for the year ended 31 July 2023" (PDF) . University College London. Retrieved 21 December 2023 .^ "UCL Annual Report and Financial Statements as at July 2022" (PDF) . University College London. Retrieved 18 January 2023 .^ "UCL Annual Report and Financial Statements as at July 2021" (PDF) . University College London. 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Retrieved 26 December 2015 .^ "Reports and Financial Statements of the University Court for the year to 31 July 2014" (PDF) . University of St Andrews. p. 32. Archived from the original (PDF) on 23 January 2015. Retrieved 8 December 2014 .^ "Annual Report and Financial Statements 2022–2023" (PDF) . University of Reading. p. 64. Retrieved 13 December 2023 .^ a b c "Annual report and accounts 2021–22" (PDF) . University of Reading. Retrieved 19 January 2023 .^ a b "Archived copy" (PDF) . Archived from the original (PDF) on 28 January 2020. Retrieved 6 January 2020 .{{cite web }}: CS1 maint: archived copy as title (link )^ "Financial Statements for the Year to 31 July 2017" (PDF) . University of Reading. p. 34. Retrieved 11 December 2017 .^ "Financial Statements for the year ended 31 July 2016" (PDF) . University of Reading. Archived from the original (PDF) on 2 February 2017. Retrieved 22 January 2017 .^ "Financial Statements for the year ended 31 July 2015" (PDF) . University of Reading. Retrieved 10 December 2015 .^ "Financial Statements for the year ended 31 July 2014" (PDF) . University of Reading. p. 33. Retrieved 31 December 2014 .^ "Durham University Annual Report and Financial Statements for the year ended 31 July 2023" (PDF) . Durham University. Retrieved 31 January 2024 .^ "Durham University Annual Report and Financial Statements for the year ended 31 July 2022" (PDF) . Durham University. Retrieved 16 January 2023 .^ "Durham University Annual Report and Financial Statements for the year ended 31 July 2021" (PDF) . Durham University. Retrieved 3 March 2022 .^ "Financial Statements 2019–2020" (PDF) . Durham University. Retrieved 17 January 2021 .^ "Financial Statements 2018–2019" (PDF) . Durham University. Retrieved 24 December 2019 .^ "Financial Statements 2017–2018" (PDF) . Durham University. Retrieved 5 December 2017 .^ "Financial Statements 2016–2017" (PDF) . Durham University. 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