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.