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Wednesday, November 10, 2010

Murray Edwards College

UK Government matched giving

The University of Cambridge and its Colleges welcome the UK Government’s matched funding scheme to encourage philanthropic donations to English universities. Oxford and Cambridge have agreed with the Government that they will use the scheme to encourage greater participation by alumni and other supporters in their respective institution-wide fundraising campaigns. The Government has set a cap of £2.75 million on the availability of matched funds for Cambridge in aggregate over the three years 2008/9 - 2010/11. In order to achieve this goal the Colleges and the University will have to demonstrate that they have received in cash at least £8.25 million (including gift aid) from ‘new donors’ over the three year period. All donations received from ‘new donors’ are eligible (i.e: donors who have not made a gift to a specific College or to the University in the three years before the start of the scheme), be they individuals, companies, trusts or foundations in the UK or overseas.

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