Why is this Campaign called Road to 2027 #watchthisspace?
We wanted this Campaign to be a bit different from ones we’ve run in the past – we want to explore ways to use digital technology to give life to the Campaign, make it fun, and create a Lincoln community across the world. The hashtag is a way of signalling this new approach. The words ‘watch this space’ work in two ways: in one sense it’s about keeping track of what’s going on at Lincoln, especially as we draw closer to the 600th anniversary; but it’s also about inviting past and present students to be part of the ‘space’ we’re creating, both digitally and in the College. It’s about sharing our love of the College buildings, reliving memories of rooms and places that mean a lot to us, and celebrating how lucky we all were to be part of this special ‘space’.
Is this the campaign which will lead up to Lincoln’s 600th Anniversary?
This Campaign will end by 2022, before the 600th anniversary, and is intended to deal with some of the outstanding challenges we face, both in terms of funding posts and students, but also with respect to our buildings, most specifically the Mitre accommodation and our historic rooms and collections. But we also hope to encourage alumni to get involved with Lincoln, and participate in the many activities and opportunities that the College makes available.
Our new Campaign is intended to build on the successful record of philanthropic generosity of our alumni and friends and to engage those who have not been quite as involved in the College. We want to make sure that all of the College’s current and historic areas that have needed support have received it, so that the celebrations for Lincoln’s 600th centenary can concentrate on what we do best: providing excellent teaching, producing excellent research, and ensuring that the College’s life as a community continues to flourish.
What are the priorities/goals of the Campaign?
Lincoln has achieved an enormous amount, with the generous support of its alumni and institutional donors, over the past 50 years. We’ve renovated and added to our accommodation and facilities, and we’ve increased our endowment significantly, to provide more student bursaries and scholarships and greater security for the tutorial system.
Over the course of this Campaign, we would like to add to our endowment, secure more tutorial posts and add to our existing provision of student support. We would like to renovate our historic rooms and undertake a much-needed complete refurbishment of the Mitre accommodation.
However our main goal is to engage with our alumni and friends, and that is why we are emphasising ‘participation’ – every gift, of whatever size, will contribute to this, and we will also be looking at the number of people who come to our events and join in other activities organised by the College when we evaluate our success.
Why does the Tutorial System need more support?
The tutorial is at the core of undergraduate teaching in Oxford, and our tutors combine a commitment to teaching with world class scholarship and research. It is an expensive system to maintain, and tuition fees do not cover the full cost – Oxford’s tuition fees for undergraduates are set at £9000, and the average cost of teaching is close to £18,000.
To secure the long-term viability of the tutorial, we need to build up our endowments. One way to do this is to support individual subject Fellowships
I would like to support students – what is the most useful way to do this?
Lincoln is committed to selecting students on the basis of their ability, regardless of income. Many of our undergraduates now have to borrow significant sums to live here, and we lose excellent graduate students to other universities because they receive full scholarships. It is increasingly important that Lincoln can provide needs-based bursaries as well as academic scholarships to both undergraduate and graduate students. We also welcome support for other aspects of the student experience – music, travel, sports, and so on. For more information about how you can help, see our Ways of Giving page or contact the Development Office.
What are the historic rooms and are they open to the public?
Lincoln is a truly wonderful College, as we all know! Part of what makes it so special is that many of our buildings remain essentially unchanged since their establishment. Over the past 50 years, as fundraising became established, we have been able to refurbish and redevelop some of our buildings, in ways which enhance them – think of the kitchen area and the Library. During this Campaign, we would like to carry on restoration work in the old ‘Rector’s Lodgings’ – Staircase 14, where the Beckington and the old VHH Green Rooms are both in need of refurbishment to equip them for new uses. The Chapel requires further work, following a detailed survey. We are also determined to tackle the Mitre, starting with a comprehensive survey and plan to refurbish during this period - #watchthisspace for more details as plans shape up.
Lincoln is one of relatively few colleges to be open to the public, free of charge, most afternoons. Alumni are welcome to visit the College at any time, although if you would like to visit the Library, it is best to contact the Development Office and someone will let you in. The College also participates in Oxford Open Doors every September, when visitors can visit all the historic areas of the College.
What is the College’s endowment, and why is it so important?
The College’s endowment comprises its holdings in land and equities, from which it draws an income to fund some of its activities. In particular, it supports the cost of running the College and the tutorial system. As we receive less income from government grants, so the importance of the endowment as a source of income has grown.
In 2016, Lincoln's endowment was £108m (up from £44m in 2006). By way of comparison, in 2015, St John's had an endowment in the region of £442m. We drew down £2.9m, calculated at 3% of the average of the previous three years' values. The role this plays in the College's income and expenditure can be seen in the charts below.
Our costs are likely to rise faster than our income in the next few years. Supporting our academic activities, whether through direct funding or through support for the endowment helps us maintain our standards and values.
How do I make a tax-efficient gift from different countries?
Tax-efficient giving – US
If you are a resident of the USA, you can give to Lincoln via Americans for Oxford, Inc. This is the University's primary charitable organisation in North America, and has been determined by the United States Internal Revenue Service to be a tax-exempt public charity with 501(c)(3) status.
Oxford Planned Giving is a scheme available to US residents. Planned gifts benefit Lincoln and the University of Oxford while helping you to save taxes, increase your income and pass more on to your heirs. US donors wishing to give shares should contact the Development Office.
Tax-efficient giving – Canada
The University of Oxford is recognised by the Canadian Revenue Agency as a prescribed institution under Section 3503 of the Canadian Income Tax Regulations. On receipt of your donation, we will ensure that you are sent a receipt for Canadian tax purposes.
Tax-efficient giving – China and Hong Kong
The University of Oxford China Office Limited is a registered charity under Section 88 of the Inland Revenue Ordinance. The China Office is able to issue gift receipts for Hong Kong tax purposes. Please read more on tax-efficient giving for Hong Kong donors here.
Tax-efficient giving – Australia
Lincoln Oxford encourages its Australian alumni to support the Oxford Australia Scholarship Fund, which was established in 1993 by donations from Australian Oxford graduates. Since 1998, the fund has supported over 50 Australian scholars reading at the University of Oxford.
You can make a donation through the Oxford Australia Scholarship Fund website. After you have made your donation, you will be issued with a receipt for Australian tax purposes.
If you are a European resident, you may be able to maximise your gift through Transnational Giving Europe (TGE).
This is a collaborative giving scheme offered by a partnership of European foundations. It enables donors (both corporations and individuals) resident in one of the participating countries to offer financial support to non-profit organisations in other member countries. Beneficiaries benefit directly from the tax advantages provided for in the legislation of their country of residence.
Country-specific contact details for the scheme are available on the TGE website. The scheme is currently operational for donations from the following European countries:
- United Kingdom
Additional information about European cross-border giving can be obtained from Giving In Europe.
The German Friends of Oxford University
Residents of Germany can also make tax-efficient donations via the German Friends of Oxford University without incurring any fees.
The German Friends of Oxford University is a registered charity run by Dr Jan Willisch. It is authorised to issue donation receipts to German donors, entitling them to offset charitable gifts from their taxable income in Germany. Legacies are treated in the same way as lifetime donations for the purposes of inheritance and gift tax in Germany, so you can also talk to Dr Willisch about leaving a gift in your will.
Contact: Dr Jan Willisch, lindenpartners, Friedrichstrasse 95 10117 Berlin
Tel +49 (0)30 755 424 00
How can I support the Campaign if I am not able to donate at this time?
The College realizes that this may not be the best time for you to give to Lincoln financially. There are many other ways to support Lincoln and its students such as registering for our e-mentoring scheme, speaking to potential students about your Lincoln experience, attending events and more. Please contact the Development Office if you would like further information on ways to get involved.