Second Century Report 2014/15
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SECOND CENTURY REPORT 2014/15 1 Welcome... I want to start by saying thank you. This 2014-2015 fi nancial year saw a terrifi c increase in annual giving participation which reached 27.9%, compared to 17.7% the previous THE RHODES SCHOLARSHIPS | year. Our cumulative participation since the start of the campaign is now at 42.4%. Having a high participation rate is crucial for the success of our campaign to secure the Scholarships, and also greatly assists in raising support from those outside the Scholar community, and from Foundations, as it demonstrates the commitment and support of the Rhodes community around the world. RHODES TRUSTEES DEVELOPMENT COMMITTEE SECOND This year’s Campaign Report has a new look and I hope you enjoy browsing its pages. It includes the expected annual honour roll of donors, and also includes Sir John Hood KNZM (Chair) Donald J. Gogel (Chair) John H. McCall MacBain CENTURY development, fi nancial and endowment updates. There are also examples of (New Zealand & Worcester 1976) (New Jersey & Balliol 1971) (Québec & Wadham 1980) REPORT Andrew Banks Nicholas W. Allard Michael G. McCaff ery inspiring Scholars providing entrepreneurial solutions to key challenges and (Florida & St Edmund Hall 1976) (New York & Merton 1974) (Pennsylvania & Merton 1975) information about the current Scholars which will have you nostalgically imagining 2014/15 Dominic Barton Dominic Barton C. Thomas McMillen yourself right back in Oxford. (British Columbia & Brasenose 1984) (British Columbia & Brasenose 1984) (Maryland & University 1974) Sir John Bell (Emeritus) Shona L. Brown Timothy Orton On the theme of imagination and inspiration, the front cover is a section of the (Alberta & Magdalen 1975) (Ontario & New College 1987) (Australia-at-Large & Magdalen 1986) William Morris tapestry which hangs here at Rhodes House. It was donated to Dame Helen Ghosh DBE Gerald J. Cardinale Lief D. Rosenblatt Donald J. Gogel (Pennsylvania & Christ Church 1989) (Massachusetts & Magdalen 1974) Rhodes House by its architect, Sir Herbert Baker. Discover more in the new Rhodes (New Jersey & Balliol 1971) Charles Conn Arthur R. A. Scace CM, QC, LLD book (do pre-order your copy at: www.tmiltd.com/rhodes-house). I think it makes a (Massachusetts & Balliol 1983) (Ontario & Corpus Christi 1961) Andrew Graham very fi tting image for this publication. William Morris is of course chiefl y associated Glen James Sir Rod Eddington Julian Ogilvie Thompson (Western Australia & Lincoln 1974) (Diocesan College, Rondebosch with the British Arts and Crafts Movement and most people know his quote: “Have John H. McCall MacBain & Worcester 1953) (Québec & Wadham 1980) Michael Fitzpatrick nothing in your house that you do not know to be useful, or believe to be beautiful.” (Western Australia & St John’s 1975) John Tudor Margaret MacMillan OC However, what is less well known is the fact he was also a committed social activist. Bruns H. Grayson (South African College School, Michael G. McCaff ery (California & University 1974) Newlands & Brasenose 1992) He also commented: “I do not want art for a few any more than education for a few, (Pennsylvania & Merton 1975) Patrick C. Haden Malcolm Turnbull MP or freedom for a few.” H.E. Festus G. Mogae (California & Worcester 1975) (New South Wales & Brasenose 1978) Narayana Murthy Sean O. Mahoney Michele S. Warman We are proud of everything that the Rhodes Trust has achieved this year, and we Julian Ogilvie Thompson (Illinois & New College 1984) (New York & Magdalen 1982) are immensely grateful for the support which we receive from the Scholar (Emeritus) Jacko Maree community, whether in time, in ideas, in donations or in simply engaging with (Diocesan College, Rondebosch (St Andrew’s College, & Worcester 1953) Grahamstown & Pembroke 1978) current Scholars. It all helps foster that wonderful sense of a lifelong fellowship. Nicholas Oppenheimer Karen L. Stevenson (Maryland/DC & Magdalen 1979) Dame Carol Robinson Ngaire Woods The front cover of this report depicts a section of the William (New Zealand & Balliol 1987) Morris tapestry which hangs at Rhodes House. It is entitled CHARLES CONN John Wylie AM The Romance of the Rose and it was left to the Trust in the will (Queensland & Balliol 1983) of Sir Herbert Baker, the original architect of Rhodes House. (Massachusetts & Balliol 1983) Warden of Rhodes House 3 2 SECOND CENTURY REPORT 2014/15 THE RHODES SCHOLARSHIPS | THE RHODES SCHOLARSHIPS | Contents Development Update 4 Annual Giving 6 Top 10 Improved Classes 10 Volunteers Making a Diff erence 14 Current Scholars 16 Scholar Impact 18 Finance Update 20 Planning for the Future 24 The Rhodes Society 26 Honour Roll of Donors 28 5 4 their own insights and expertise. This is all Development very much appreciated and helps us succeed in achieving the mission. There remains £46m to go in the £150m core Update campaign to secure the 83 core Scholarships. We have just over 2 years left to achieve the goal and this is a huge task for us all. Thank you to all our generous donors, Your continued support is appreciated. Rhodes Scholars and philanthropists THE RHODES SCHOLARSHIPS | THE RHODES SCHOLARSHIPS | supporters, volunteers and staff . have been generous to date and we continue to seek further support from a wide range of Scholars and other donors including philanthropists, foundations and corporations. For a limited period, future gifts will continue to benefi t from the McCall WITH £46M LEFT TO RAISE, we remain Participation in fundraising in 2014/15 is MacBain Foundation match funding. confi dent of success with the Campaign more than 50% up compared with 2013/14. We have also successfully raised funds to for the Second Century and securing the 83 Thank you to everyone who has given this support the expansion of the Scholarships core Scholarships. We would not be where year and to the tireless Class Leaders who Participation in into China and the United Arab Emirates. We we are without you. Thank you. helped so much with our annual giving fundraising is up more continue to work hard on funding for new push during May and June. We achieved The volume of senior Scholar engagement Scholarships in Africa and the Middle East than 50% on 2013/14. 28% Scholar annual participation rate in the past 12 months has been valuable to region. All these new Scholarships are funded compared with 18% in the previous year the Trust, with the Warden criss-crossing Thank you to everyone! entirely separately with new funds raised and, again, the Going Down class achieved the globe to talk with Scholars at alumni and invested in the Horizon Fund wholly a remarkable 100%. In the ‘boat race of events in cities including Vancouver, separately from the core Scholarships funds. CAMPAIGN PROGRESS countries’, the United States just pipped Sydney, Singapore, Cape Town and Delhi, £150m Germany to the post. Every donation Please do continue to support us as we move as well as hosting over two hundred senior counts and this year there were 1,318 gifts into the fi nal two years of the core campaign. Scholars back at Rhodes House. £135m £46m We have a signifi cant distance still to travel £150m from Scholars. Scholars have coordinated roundtables but with your support and ideas, we will get £120m In the year ahead, you should experience and conferences covering themes there together. Thank you. a similar pattern of fundraising activity to including socio-economic inequality £105m the year just gone with a Scholar Calling ALASDAIR MACLAY (San Francisco), fi nancial reform (New programme in November and December Director of Strategy & Development York), Ebola (Oxford) and Africa and Asia £90m £39m and a Class Leader-led annual giving push, DONALD J. GOGEL higher education (Oxford). Convenings again using a dedicated annual giving (New Jersey & Balliol 1971) are coming up soon on topics including £75m website, in May and June. Chair of Development Committee biomedicine and climate change. £60m We remain very grateful for the support The Rhodes Scholar Network has enabled that the Development team at Rhodes Scholars across diff erent geographies £45m £65m House receives from the Scholar and classes to fi nd each other and discuss community. In addition to the guidance important issues online and, subsequently, £30m Cash in Pledges and networking from the Development face to face. With the addition of the £15m Amount left to raise Committee and Trustees, Scholars make mentor match function, the online network Total fundraising goal introductions to other supporters, is proving a useful tool for all Scholars. £0m encourage their classmates and share If you have not yet signed up, please do. 7 6 Annual Giving Participation by Country THE RHODES SCHOLARSHIPS | THE RHODES SCHOLARSHIPS | This year’s boat race illustration shows the giving participation rates by Scholars in 2014-2015 by country of election. CANADA 32.5% USA SOUTH AFRICA 34.0% 24.4% GERMANY AUSTRALIA 33.6% INDIA 23.7% 17.8% NEW ZEALAND 18.1% COUNTRY OF ELECTION 2014/15 2013/14 USA 34.0% 21.7% GERMANY 33.6% 28.4% CANADA 32.5% 20.5% SOUTH AFRICA 24.4% 14.1% AUSTRALIA 23.7% 22.3% NEW ZEALAND 18.1% 11.8% INDIA 17.8% 4.8% OTHER CONSTITUENCIES 14.8% 5.8% 8 9 Annual Giving 438 Rhodes Scholars RHEA LONGLEY made their fi rst gift (Tasmania & Magdalen 2010) to the Rhodes Trust In the past year, Rhodes Scholars in 2014/15 Receiving the Rhodes Scholarship was one of the best experiences of my life; I made friends from all over the globe THE RHODES SCHOLARSHIPS | have responded wonderfully and absolutely loved my three years in Oxford. I also have THE RHODES SCHOLARSHIPS | to our focus on annual giving. no doubt that the experience and networks I gained through my DPhil at Oxford led to my current position as a post- CAROLINE HUANG doctoral researcher working towards malaria elimination (Delaware & Merton 2010) in South-East Asia.