Trustees’ Report and Financial Statements 2013

By Nuffield Foundation

The Nuffield Foundation committed to spend a record £30.9 million in 2013.

The main reason for this is the 15 five-year grants made under Q-Step, our new programme to promote a step-change in quantitative social science training for undergraduates.

It was also a record year for investments, with our portfolio at a high of £275 million and a return for the year of 16%.

The £19.2 million Q-Step grant funding includes the additional funding received from our partners in the programme, the Economic and Social Research Council (ESRC) and the Higher Education Funding Councilfor England (HEFCE), amounting to £12 million of the total. Aside from that, our grant budget remains stable, and in fact, we have spent slightly less on other grants than budgeted.

Full details of all grants made by the Foundation in 2013 can be found in the Trustees’ Report and Financial Statements. The report also includes information on the findings and impact from grants made in previous years.

By Nuffield Foundation

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We improve people’s lives by funding research that informs social policy, primarily in Education, Welfare and Justice. We also fund student programmes that give young people skills and confidence in science and research.

We offer our grant-holders the freedom to frame questions and enable new thinking. Our research must stand up to rigorous academic scrutiny, but we understand that to be successful in effecting change, it also needs to be relevant to people’s experience.

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COVID-19 response

Nuffield-funded social scientists are conducting COVID-19 research in real-time, to capture people’s experiences of the social, cultural and economic impacts of the pandemic.