Trustees' Report and Financial Statements 2015

27 May 2016

We have published the Trustees' Report and Financial Statements for 2015.

  • Charitable expenditure for the year was £7.8 million.
  • The total return on investment was 7.9%, worth £26 million.
  • We awarded 34 new research and innovation grants, with a total value of £5 million. And a further 14 supplementary grants for additional work undertaken by projects funded in previous years (with a total value of £0.3 million).
  • We provided placements for 1,164 students to spend their summer holidays working on a research project in a professional science, technology, engineering and maths (STEM) environment. Of these students, 46% were from lower income households and so received a bursary (in addition to the travel costs received by all students).
  • Since the official launch of Q-Step, 41 new degree programmes have been created and validated, and a further 18 modified to reflect new quantitative training opportunities. In addition, 90 new modules have been established and validated with 70 others being modified to reflect the Q-Step agenda.
  • We held 163 events at the Foundation in 2015, attended by a total of approximately 2,500 people. This reflects our role as a convenor bringing together key researchers, policy-makers, and practitioners to discuss work we have funded and to help set future agendas.
  • The Nuffield Council on Bioethics reported on three of its large scale enquiries in 2015: the collection, linking and use of data in biomedical research and healthcare; children and clinical research; and the concept of ‘naturalness’. It also embarked on new projects on the ethical issues around genome editing techniques, and the ethical issues of cosmetic procedures.

Download the Nuffield Foundation Trustees' Report and Financial Statements 2015 (PDF)