The 750th Anniversary Campaign, Sustaining Excellence, is Merton’s largest ever fundraising campaign and is vital to sustain the College as a centre of academic excellence at a national and international level.
The Campaign Goal is to raise £30 million, as we celebrate Merton’s 750th Anniversary in 2014.
Merton’s 750th Anniversary Campaign aims to address the following academic priorities:
Since August 2007 the College has raised over £26 million in gifts and pledges towards the target of £30 million. We have been helped considerably by two fundraising boards composed of alumni – the Campaign Board, chaired jointly by John Booth (1976) and Charles Manby (1976) and the Americas Capital Gifts Group, chaired by David Harvey (1957) - and by thousands of Mertonians across the world.
A key aim of Merton’s 750th Anniversary Campaign, Sustaining Excellence, is to ensure core academic posts. We are working hard to complete the Funding to endow Merton’s side of five fellowships. Two of these are matched 60/40% by the University Teaching Fund and must be completed by autumn 2014 in order to gain the matched funding: English and Philosophy. Fundraising is not far from being complete for the Courtenay Phillips Fellowship in Chemistry, with just over £50,000 left to be raised.
In addition, we have recently launched an Appeal for £850,000 to endow the College side of one of our two existing Law Fellowships, to protect a subject which has a long and distinguished tradition here at Merton.
Merton has recently launched a new Undergraduate Student Support Fund, alongside our Graduate Scholarships Fund. The income from the Undergraduate Student Support Fund will be used to fund Merton’s Access Programme as well as the Merton-Oxford Undergraduate bursaries. It was launched in January 2013 with a £1 million gift from Sir Howard Stringer, and endowment to Undergraduate Support now stands at over £2 million.
Merton has also successfully completed raising funds for four new Graduate Scholarships over the past year, across a variety of subjects. The University's Graduate Scholarship Matching Fund provides 40% of the funds towards Philanthropically endowed Graduate Scholarships across a variety of subjects.
It has been several years now since the opening of the main building project for the 750th Anniversary Campaign – the College’s T.S. Eliot Theatre, but Merton is continuing apace to make much needed improvements to its site and facilities. As well as upgrade work on all Holywell accommodation (including the continuing installation of showers and kitchens) we have been upgrading the mains electricity supply to the college precinct. This summer, work begins on the re-rendering and modernisation of Rose Lane V, which will provide more conference rooms, and improve energy efficiency. In addition, the College is also working with the Boat Club to raise the Capital required to extend the current boathouse.