The Gates Cambridge Trust

Gates Cambridge Scholarships

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 980335263 ✦ Designated as a 501(c)(3)

Overview

What is The Gates Cambridge Trust?

The Gates Cambridge Trust is a UK-based nonprofit organization dedicated to granting scholarships to exceptional students from outside the United Kingdom for pursuing studies at the University of Cambridge. Established with a generous donation of $210 million from the Bill and Melinda Gates Foundation, this international scholarship program aims to cultivate future leaders who possess a strong desire to contribute to society. The Trust, known as Gates Cambridge Scholarships, sponsors students' tuition and university fees. Its operations include the selection and sponsorship of scholars, based on their academic excellence, leadership potential, and commitment to making a positive impact on their communities. The Trust currently employs a team of seven individuals to manage its operations.


Official website here: www.gatescambridge.org

Is The Gates Cambridge Trust legitimate?

The Gates Cambridge Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Gates Cambridge Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $202,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $301,000

For more financial information, click here


Official website here: www.gatescambridge.org

What is the mission statement of The Gates Cambridge Trust?

The Gates Cambridge Trust operates an international scholarship program, funded by the Bill and Melinda Gates Foundation, enabling outstanding students from outside the UK to study at the University of Cambridge. The mission of the Trust is to provide scholarships and cover university fees for selected students, who demonstrate leadership qualities and a strong desire to contribute to society. The Bill and Melinda Gates Foundation donated $210 million to establish this scholarship program in perpetuity. The Trust's primary focus is on sponsoring academically excellent students who have the potential to make a significant impact on their communities and beyond. These scholars are empowered through their education at Cambridge to become global leaders and drive positive change.


Official website here: www.gatescambridge.org

Who is the CEO of The Gates Cambridge Trust?

Professor Eilis Ferran is the Principal Officer of The Gates Cambridge Trust.


Official website here: www.gatescambridge.org

What is the revenue of The Gates Cambridge Trust?

The Gates Cambridge Trust's revenue in 2022 was $13,824,000.


Official website here: www.gatescambridge.org

Who are the executives of The Gates Cambridge Trust and what are their salaries?

The average compensation at The Gates Cambridge Trust during 2022 was $71,857. There are 7 employees at The Gates Cambridge Trust.

Here are 14 key members and their salaries:

    Dr Jade Tran (Director Of Finance)
  • Compensation: $115,511
  • Related: $0
  • Other: $0

    • Mr Jim Smith (Employee)
  • Compensation: $107,485
  • Related: $0
  • Other: $0

    • Professor Barry Everitt (Provost)
  • Compensation: $86,907
  • Related: $0
  • Other: $0

    • Ms Amy Carter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Professor Mary Sue Coleman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dame Sally Davies (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Mimi Garner Gates (Trustee Emirita)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Professor Usha Goswami (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Julia Fan Li (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Timothy Harvey-Samuel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Professor Stephen Toope (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Professor Bhaskar Vira (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lord Simon Woolly (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Regina Sachers (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.gatescambridge.org

    Where can I find the form 990 for The Gates Cambridge Trust?

    The The Gates Cambridge Trust’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.gatescambridge.org

    Learn more at the official website: www.gatescambridge.org

    Mission Statement of The Gates Cambridge Trust

    The Gates Cambridge Trust, a renowned international scholarship program, was established with a generous donation of $210 million from the Bill and Melinda Gates Foundation. This endowment in perpetuity aims to support outstanding students from outside the UK, who demonstrate exceptional leadership qualities and a strong desire to contribute to society, to pursue higher education at the prestigious University of Cambridge.

    The Trust's mission is to empower a diverse group of gifted individuals by funding their scholarships and associated university composition fees. The Bill and Melinda Gates Foundation's vision for this initiative was to create a global network of future leaders who would make a significant impact on their communities and the world at large. The Gates Cambridge Scholars, as they are called, embody the essence of academic excellence, intellectual curiosity, and a commitment to making a difference.

    By providing these scholarships, The Gates Cambridge Trust opens doors to a world-class education for students who might otherwise have been unable to afford it. This investment not only benefits the individual scholars, but also enriches the academic community at the University of Cambridge and contributes to the development of a more interconnected and equitable world.

    Impact

    This information is meant to be a general summary of The Gates Cambridge Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Gates Cambridge Trust's impact can be seen through its international scholarship program, which enables outstanding students from outside the UK to study at the University of Cambridge. This program is funded by the Bill and Melinda Gates Foundation, which donated $210 million to create an international scholarship program in perpetuity. The Trust pays scholarships and associated university composition fees to those selected as Gates Cambridge Scholars, providing opportunities for talented individuals with leadership qualities and a desire to contribute to society. Through this initiative, the Gates Cambridge Trust has facilitated access to world-class education and fostered a diverse community of scholars at one of the most prestigious universities in the world.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $13,824,000
  • Program Service Revenue: $0
  • Gross Receipts: $13,824,000

    • Assets and Liabilities:
  • Total Assets: $427,847,000
  • Total Liabilities: $15,017,000
  • Net Assets: $412,830,000
  • Organization Details

    Founding Year

    2000

    Principal Officer

    Professor Eilis Ferran

    NTEE Category

    Code: Z99 - Unknown

    If you are a representative of The Gates Cambridge Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.