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The Oxford Funds Endowment Master

United Kingdom, · EIN 98-1426715 · 501(c)(3) · Supporting organization, Type I
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

The Oxford Funds Endowment Master reported $438.4 million in revenue and $346.5 million in expenses for calendar year 2024. Of every $100 it spent, $89.56 went to program services, $10.44 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 96.1% of the total. The highest compensation it reported for one person was $38,738 (CORPORATE TRUSTEE). Revenue fell 1% between 2020 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $347M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $438M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,499 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
89.6%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
10.4%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
2.2%69.9%
Highest reported compensation
Part VII-A, columns D–F
$38,738$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.01%1.28%
People paid over $100,000
Part VII, line 2
08
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
277.913.3
Independent voting board members
Part VI 1a–1b
0 of 1100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$310M expenses · 100.0% of program spending · revenue $9.6M

Endowment Master's purpose is to provide support to the university of oxford through its investment returns. There was $310,331,063 of distributions to unitholders of the funds for the year 2024

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CORPORATE TRUSTEE
Director/trustee, 0.0 hrs/week
$38,738$0$0$38,738

0 people received more than $100,000 in reportable compensation from The Oxford Funds Endowment Master (Part VII, line 2).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$438M$347M89.6%$8.03B$38,738
2023 ⓘ$307M$325M89.6%$7.56B$24,065
2022 ⓘ$1.16B$277M88.1%$6.96B$20,488
2021 ⓘ$952M$269M87.4%$7.60B$23,335
2020 ⓘ$442M$220M88.4%$6.44B$22,163

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b1 · 0 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aNo
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 50

Correct a figure or respond

Every number above is copied from The Oxford Funds Endowment Master's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Oxford Funds Endowment Master, you can publish a response that is linked from this page.

Questions people ask

How much of The Oxford Funds Endowment Master's spending goes to programs?

In calendar year 2024, The Oxford Funds Endowment Master reported that 89.6% of its $346.5 million in expenses went to program services, 10.4% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does The Oxford Funds Endowment Master pay its top executive?

The largest total compensation The Oxford Funds Endowment Master reported for one person in calendar year 2024 was $38,738, for the role of CORPORATE TRUSTEE (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Oxford Funds Endowment Master get its money?

Of $438.4 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 2.2% from program service revenue (Form 990, Part VIII).

Is The Oxford Funds Endowment Master a registered charity?

The IRS lists EIN 98-1426715 as a 501(c)(3) organization (supporting organization, type i). Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503209349301810 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202433189349311748 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303189349304525 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233199349311328 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202113199349324341 · read the filing

All filings for EIN 98-1426715: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.