Issue Ten 2010 Peterhouse Peterhouse and the Development Campaign Key Facts
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Peterhouse issue ten 2010 Peterhouse Peterhouse and the Development Campaign key facts contents 1 Peterhouse prospect Peterhouse l Public funding per undergraduate has By the end of the Campaign, The Master writes declined 40% in real terms in 10 years l The oldest and smallest Cambridge college, Peterhouse will 2 Peterhouse people founded 1284. Comprises Master, c.30 Fellows, l Every undergraduate costs the endowment l Achieve financial stability £5,000 p.a., or £15,000 for three years – so Achievements by Fellows c.8 Research Fellows, plus Bye-Fellows and l House all undergraduates on site, freeing up Peterhouse Chapel Choir Visiting Fellows; c.110 graduate students; c.260 expansion out of trouble is not a realistic income-generating properties located elsewhere undergraduates; c.4,000 non-resident members or desirable option in Cambridge 3 Peterhouse events and initiatives l Strong belief in statutory role of furthering l Smallness of the College is an essential Have the best small conference facilities The Visitor’s visit l ‘education, religion, learning and research’ distinguishing characteristic – educationally and in Cambridge, providing a transformed Flag pole across the whole range of knowledge socially valuable, but bringing accompanying independent income stream diseconomies of scale 4 Peterhouse graduate students l ‘An intellectual influence … out of all l Offer excellent facilities to attract the best proportion to [its] size’ (Noel Annan, The l Differential fees introduced in 2006 make no students in a competitive market – rooms on 5 Graduate profile Dons , published 1999) significant difference – far below costs, capped site, a superb library, state-of-the-art computer Petrean philosophers to 2010, shared with the University l Responds to and helps shape change from its provision, top-class common room, bar and No public funding for the maintenance of 6 Peterhouse portraits strong base of tradition and sense of continuity: l gym facilities ‘national heritage’ buildings ° Petreans active in every field of work – l Preserve and enhance its historic buildings 8 Peterhouse projects e.g. academics, scientists, business people, l Robust turnaround strategy to squeeze costs and gardens for future generations Gisborne Court update and optimise investments, achieving breakeven diplomats, teachers, doctors, lawyers, priests, l Ensure that no-one with the ability and etc, for the good of society at large since 2006. But savings alone cannot yield promise to benefit from a Peterhouse education 9 Peterhouse print stability or improvement – new income and Etching by Ingamells ° scientific innovation: computer (Babbage), need fear being unable to come or to continue electricity (Kelvin), jet engine (Whittle), endowment are crucial for want of money 10 Peterhouse miscellany hovercraft (Cockerill), four Nobel Laureates l Encourage and reward academic attainment Peterhouse website (Kendrew, Klug, Martin, Perutz) The Development Campaign and aspiration through worthwhile prizes, book Members’ privileges ° the arts (recently Eyre, National Theatre; l Launched summer 2004 – the College’s act and travel allowances Your event at Peterhouse of faith in its future McBurney, Théâtre de Complicité; Mendes, l Enhance education in the round through The Development Office Donmar Warehouse, Oscar-winner) l Reasserts the importance and vitality of the more opportunities for travel, music, theatre, Development brochures ° journalism (recently Gale, Worsthorne) central role of private benefaction, going back sports and cultural participation Gift Aid to the foundation by Hugo de Balsham, Bishop ° public affairs and diplomacy (recently l Fund graduate students for conferences, Helping the College through life insurance Fenn, India; Meyer, U.S.A.; Stern, World of Ely, in 1284 travel and research expenses Petreans in the U.S.A. Bank / Treasury; Synnott, Iraq; Wilson, l £18 million initial target – rightly ambitious, Robert Mason print offer l Safeguard small-group teaching through Hong Kong; Wright, Japan) much awaiting realisation the Supervision system £2 million investment by the College itself – 11 Peterhouse Development Campaign ° political, religious and social thought: l l Safeguard pastoral care and welfare through Development Fund 2000-09 Laudianism and Royalism in the 1630s the maximum that can be diverted from income- the Tutorial system (Cosin, Wren); political thought in the generating initiatives Fund teaching Fellowships, targeted to areas 12 Donors to the Development Fund, 2009 1970s/80s (Cowling); ‘radical orthodox’ l l Supports and enhances Peterhouse ‘as a of teaching strength theology in the 1990s (Milbank, Quash) special and historic place, as a community of people, Create new Research Fellowships – the seed- Education in the broadest sense – academic, and as a home of education and intellectual life ’ l l corn of future academic vitality personal, cultural, social – in an intimate and l Provides the building blocks for the future of supportive residential environment the College and of future Petrean generations: l Secure admission of the best students from all backgrounds ° place : enhancing residential experience Peterhouse is not ‘rich’ as the precondition for community and l Have a long-term development strategy in place, with a lasting changed culture of support Public funding peripheral (12%), yet society’s education – Ward Library £2m (achieved), l for the College expectations are disproportionately high optimise use of site £4m+ acknowledgements Pressure on finances unsustainable unless ° people : providing opportunity and access – l Peterhouse would like to thank all those who have, reinforced by private generosity – a track record bursaries, hardship payments, prizes £2.5m; in any way, assisted in this production of being forced to eat into endowment, year- new building for Junior Members and published by on-year, to meet daily costs of core activities commercial conferences £4.5m; expanded Development Office, Peterhouse, Cambridge cb2 1rd cultural opportunities £0.5m Telephone: 01223 765187 l £100 million endowment due to past Fax: 01223 765189 benefactions – has to contribute over half ° education and intellectual life: promoting E-mail: [email protected] income, cover operating deficits, fund building teaching, learning and research – College Web-site: www.pet.cam.ac.uk work teaching, new Fellowships £3.5m; new © Copyright Peterhouse, Cambridge, 2010 Research Fellowships / opportunities £2m Photography and drawings copyright of owners l Breakeven in 1998 declined to £1 million Photography Trevor Hurst, unless otherwise indicated deficit in 2003; breakeven re-achieved in 2006 l Only Peterhouse, its members and supporters Cover artwork Robert Mason can generate the financial independence to l Income: fees (from students and government) design and production by 13.8%; rooms and meals (from students) 18.9%; defend and advance Peterhouse’s purposes David Milbank Challis and Sharon Crocker conferences 5.8%; income from the historic l Small membership – so needs support of printed in england by endowment 58.5%; unrestricted donations 3.0% all, for itself and as an example to others Cantate, London e Postage is paid within the U.K., Channel Islands and Northern Ireland NO STAMP s g u REQUIRED n i o t c h a r t e n t o e E C P Z I S D The Development Office R A C T Freepost ang 10735 I D E R Peterhouse C O T Cambridge D L O cb 2 1 rd F D N A D R A C H C A T E D S L A T I P A C K C O L B E S e U n e s o d E s l h o S i e e c a r p A t e m d E s l m a L d - o e N A P T E P m r a e e e a t t t o e f a a a e k e v n n n d a a i ) o o o m e s A m d d d l t r t c e f n n n n n a y i a a a a a t a c c c c c G n p I I I I I - o a x c e w w w w w a e t o o o o o s m . h h h h h a d t t t t t K e . l n u u u u u p U e o o o o o e l s m l b b b b b – y o r i t e a a a a a c s o i n s w l e f n n n n n o l a o o y i o o o o o u e n b t s i i i i i l p a t t t t t o m s l p i e a a a a a i t o u c n g – a a c i m m m m m y n v s r n r r r r r i e n h a a n e o o o o o o r i g d a y s f f f f f d r e u i t a p e l n n n n n s l f i i i a i i p a e n - e m m o e e e e e e i i x l o o t C n a e c e c m m m m m m f t l r e i e y o e . l d d d d d d h d x t n n n n n n K w a m a n . D P t e e e e e e i o ( d h h s s s s s s t U k l g g s y e e e e e e u a n e u u c s s s s s s i o r a a a a a a a o o t m a h r r f e e e e e e g s a i l l l l l l h h h e g I t t P s P P l P I P P E R E H D R A C H C A T E D Guest room bookings: Peterhouse Contact Ms Anne Gifford, Conference Co-ordinator Cambridge cb 2 1 rd Telephone 01223 338205 Telephone 01223 338200 Facsimile 01223 338245 Facsimile 01223 337578 E-mail [email protected] Web-site www.pet.cam.ac.uk High table dining and catering: Contact Mr Matthew Speller, Catering Manager Conferences and Events: Telephone 01223 338206 Contact Ms Anne Gifford, Facsimile 01223 338245 Conference Co-ordinator E-mail [email protected] Telephone 01223 338205 Porters’ lodge: Facsimile 01223 338245 Contact Mr Gerald Meade, Head Porter E-mail [email protected] Telephone 01223 338200 Development office, Facsimile 01223 503204 Peterhouse society office, E-mail [email protected] Friends of Peterhouse office: Proceeding to the m.a.