Oxford hits fund-raising jackpot with pounds 340m drive: University announces record total from campaign, to the dismay of teachers' unions, as intellectual's 'homecoming' is welcomed

OXFORD University yesterday announced the end of the most successful fund-raising campaign by a British university, which has raised pounds 340m in six years.

The Campaign for Oxford started in 1988 with the aim of raising pounds 220m in five years. It was extended for a year when it became clear that it would easily exceed its target. The final total is pounds 341,209,145.

Companies from throughout the world have contributed money for new buildings and 117 academic posts, including 34 professorships.

However, a teachers' leader yesterday expressed dismay that so much money had been raised from business for one university at a time when class sizes were rising, schools were short of books and all universities were under financial pressure.

Nigel de Gruchy, general secretary of the National Association of Schoolmasters Union of Women Teachers, said: 'It is a case of the rich raising money for the rich. If firms are willing to give all this money to education, I would prefer to see it paid in higher taxes by companies and distributed more rationally by the Government.'

The campaign started because the university said government cuts in higher education funding would lead to the loss of 200 academic jobs.

Some academics feared that it might lead to the privatisation of universities, others that it would siphon off resources from education as a whole. Critics suggested the colleges had millions in undeclared investments and did not need the money.

The new posts created at Oxford include the Rupert Murdoch Professorship of Language and Communication, the Carroll Professorship of Irish History and the Glaxo Professorship of Cellular Pathology.

New departments such as management studies and the Environmental Change Unit have been established. The money has enabled the university to build a language centre, the Nissan Institute of Japanese Studies, a new pharmacology building and a building for the computing laboratory.

Major donations came from Bristol-Myers Squibb, the pharmaceutical company, which gave dollars 30m ( pounds 20m) for pharmacology, the Rhodes Trust, which gave pounds 6m for academic posts and the W K Kellogg Foundation, which gave dollars 8m ( pounds 5.3m) for continuing education. Nissan gave pounds 3.2m for Japanese studies and Rupert Murdoch pounds 3m for the English faculty. Improvements have been made to the Bodleian Library and the Ashmolean Museum.

The university says it will continue fund-raising from business to support future projects.

Professor Andrew Goudie, president-elect of the development programme, said he had deep sympathy with the problems of the education sector as a whole. 'But Oxford University itself is not rich. It has to maintain national collections such as those in the Bodleian and Ashmolean. With government funding at its present level we have to struggle to maintain what we have always done; we cannot start to develop new areas.'

Most universities do some fund- raising but a spokesman for the Vice-Chancellors' Committee said Oxford was in a league of its own. Cambridge's appeal for pounds 250m over 10 years which started five years ago stands at pounds 140m.

The London School of Economics last January launched an appeal for pounds 40m by the end of the century. It has raised pounds 4.2m but the main drive will not begin until next year.

Arts and Entertainment
TVShow's twee, safe facade smashed by ice cream melting scandal
Arts and Entertainment
tv
Arts and Entertainment
Lisa Kudrow, Courtney Cox and Jennifer Anniston reunite for a mini Friends sketch on Jimmy Kimmel Live
tv
Life and Style
tech
PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
News
ebooksAn evocation of the conflict through the eyes of those who lived through it
News
Actor, model and now record breaker: Jiff the Pomeranian
Video
News
REX/Eye Candy
science
Sport
Alexis Sanchez celebrates after scoring his first goal for Arsenal in the Champions League qualifier against Besiktas
sportChilean's first goal for the club secures place in draw for Champions League group stages
News
i100
News
Down time: an employee of Google uses the slide to get to the canteen
scienceBosses are inventing surprising ways of making us work harder
Independent
Travel Shop
the manor
Up to 70% off luxury travel
on city breaks Find out more
santorini
Up to 70% off luxury travel
on chic beach resorts Find out more
sardina foodie
Up to 70% off luxury travel
on country retreats Find out more
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

Trainee Recruitment Consultants - Bristol

£18000 - £23000 per annum + OTE £35000: SThree: SThree are a global FTSE 250 b...

Teacher

£130 - £131 per day: Randstad Education Chelmsford: Ks1 teacher required for m...

Project Manager (infrastructure, upgrades, rollouts)

£38000 - £45000 Per Annum + excellent benefits package: Clearwater People Solu...

MI Analyst and SQL Developer (SQL, SSAS, SSRS)

£28000 - £32500 Per Annum + 28 days holiday, pension, discounts and more: Clea...

Day In a Page

Israel-Gaza conflict: No victory for Israel despite weeks of death and devastation

Robert Fisk: No victory for Israel despite weeks of devastation

Palestinians have won: they are still in Gaza, and Hamas is still there
Mary Beard writes character reference for Twitter troll who called her a 'slut'

Unlikely friends: Mary Beard and the troll who called her a ‘filthy old slut’

The Cambridge University classicist even wrote the student a character reference
America’s new apartheid: Prosperous white districts are choosing to break away from black cities and go it alone

America’s new apartheid

Prosperous white districts are choosing to break away from black cities and go it alone
Amazon is buying Twitch for £600m - but why do people want to watch others playing Xbox?

What is the appeal of Twitch?

Amazon is buying the video-game-themed online streaming site for £600m - but why do people want to watch others playing Xbox?
Tip-tapping typewriters, ripe pongs and slides in the office: Bosses are inventing surprising ways of making us work harder

How bosses are making us work harder

As it is revealed that one newspaper office pumps out the sound of typewriters to increase productivity, Gillian Orr explores the other devices designed to motivate staff
Manufacturers are struggling to keep up with the resurgence in vinyl records

Hard pressed: Resurgence in vinyl records

As the resurgence in vinyl records continues, manufacturers and their outdated machinery are struggling to keep up with the demand
Tony Jordan: 'I turned down the chance to research Charles Dickens for a TV series nine times ... then I found a kindred spirit'

A tale of two writers

Offered the chance to research Charles Dickens for a TV series, Tony Jordan turned it down. Nine times. The man behind EastEnders and Life on Mars didn’t feel right for the job. Finally, he gave in - and found an unexpected kindred spirit
Could a later start to the school day be the most useful educational reform of all?

Should pupils get a lie in?

Doctors want a later start to the school day so that pupils can sleep later. Not because teenagers are lazy, explains Simon Usborne - it's all down to their circadian rhythms
Prepare for Jewish jokes – as Jewish comedians get their own festival

Prepare for Jewish jokes...

... as Jewish comedians get their own festival
SJ Watson: 'I still can't quite believe that Before I Go to Sleep started in my head'

A dream come true for SJ Watson

Watson was working part time in the NHS when his debut novel, Before I Go to Sleep, became a bestseller. Now it's a Hollywood movie, too. Here he recalls the whirlwind journey from children’s ward to A-list film set
10 best cycling bags for commuters

10 best cycling bags for commuters

Gear up for next week’s National Cycle to Work day with one of these practical backpacks and messenger bags
Paul Scholes: Three at the back isn’t working yet but given time I’m hopeful Louis van Gaal can rebuild Manchester United

Paul Scholes column

Three at the back isn’t working yet but given time I’m hopeful Louis van Gaal can rebuild Manchester United
Kate Bush, Hammersmith Apollo music review: A preamble, then a coup de théâtre - and suddenly the long wait felt worth it

Kate Bush shows a voice untroubled by time

A preamble, then a coup de théâtre - and suddenly the long wait felt worth it
Robot sheepdog technology could be used to save people from burning buildings

The science of herding is cracked

Mathematical model would allow robots to be programmed to control crowds and save people from burning buildings
Tyrant: Is the world ready for a Middle Eastern 'Dallas'?

This tyrant doesn’t rule

It’s billed as a Middle Eastern ‘Dallas’, so why does Fox’s new drama have a white British star?