Form990
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Department of the TreasuryInternal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
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OMB No. 1545-0047
2021
Open to Public Inspection
A For the 2021 calendar year, or tax year beginning 08-01-2021 , and ending 07-31-2022
BCheck if applicable:
CName of organization
CHANCELLOR MASTERS & SCHOLARS OF THE UNIVERSITY OF OXFORD
 
 
Doing business as
Oxford University
 
Number and street (or P.O. box if mail is not delivered to street address)
Wellington Square
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Oxford, OxfordshireOX1 2JD
United Kingdom (England, Northern Ireland, Scotland, and Wales)
D Employer identification number

98-6001062
E Telephone number

G Gross receipts $ 3,135,411,955
F Name and address of principal officer:
Professor Louise Richardson
same as C above
UK
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
www.ox.ac.uk
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. See instructions.
H(c)
Group exemption number MediumBullet  
K Form of organization:  
L Year of formation: 1096
M State of legal domicile: UK
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: The principal objects of the University are the advancement of learning by teaching and research and its dissemination by every means. We work as one Oxford bringing together our staff, students and alumni, our colleges, faculties, departments and divisions to provide world-class research, education and academic and educational publishing. We do this in ways which benefit society on a local, national and global scale. We build on the University's long-standing traditions of independent scholarship and academic freedom while fostering a culture in which innovation and collaboration play an important role. We are committed to equality of opportunity and to engendering inclusivity. We believe that diverse staff and students strengthen our research and enhance our students' learning.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 24
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 4
5 Total number of individuals employed in calendar year 2021 (Part V, line 2a) ...... 5 642
6 Total number of volunteers (estimate if necessary) ............. 6  
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 0
b Net unrelated business taxable income from Form 990-T, Part I, line 11 ......... 7b 810,886
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 825,822,965 886,592,456
9 Program service revenue (Part VIII, line 2g) ......... 1,703,261,077 1,858,821,253
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 130,365,114 159,550,984
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 78,728,686 230,447,262
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 2,738,177,842 3,135,411,955
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 127,841,984 139,393,746
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 1,257,344,045 1,331,958,224
16a Professional fundraising fees (Part IX, column (A), line 11e) ..... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet13,776,442    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 2,639,427,500 1,382,898,558
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 4,024,613,529 2,854,250,528
19 Revenue less expenses. Subtract line 18 from line 12....... -1,286,435,687 281,161,427
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 10,924,685,600 10,000,458,945
21 Total liabilities (Part X, line 26)............. 3,872,780,872 3,755,694,334
22 Net assets or fund balances. Subtract line 21 from line 20..... 7,051,904,728 6,244,764,611
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
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Signature of officer Date
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Print/Type preparer's name
Preparer's signature
Date
PTIN
Firm's name MediumBullet

Firm's EIN MediumBullet
Firm's address MediumBullet



Phone no.
May the IRS discuss this return with the preparer shown above? (see instructions) ..........
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y Form 990 (2021)
Form 990 (2021)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III..............
1
Briefly describe the organization’s mission: The principal objects of the University are the advancement of learning by teaching and research and its dissemination by every means. We work as one Oxford bringing together our staff, students and alumni, our colleges, faculties, departments and divisions to provide world-class research, education and academic and educational publishing. We do this in ways which benefit society on a local, national and global scale. We build on the University's long-standing traditions of independent scholarship and academic freedom while fostering a culture in which innovation and collaboration play an important role. We are committed to equality of opportunity and to engendering inclusivity. We believe that diverse staff and students strengthen our research and enhance our students' learning.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? .....................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ...........................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 1,117,647,518 including grants of $ 130,403,099 ) (Revenue $ 555,050,520 )
Education: 2021/22 HIGHLIGHTS * 26,455 students at Oxford, including 12,580 undergraduates and 13,445 postgraduates * 23,802 applications for 3,247 undergraduate places for 2022/23 entry * 68.2% of UK undergraduate admissions from state schools Overall applications for undergraduate study fell by 2.2% and the number of admitted students fell by 2.7%. The largest decreases have been amongst applicants and admitted students from the EU. Disadvantaged students are identified during the admissions process through ongoing use of contextual data, including information on eligibility for free school meals which has not previously been available. 2022 saw the return of in-person outreach, with the flagship UNIQ programme taking a hybrid approach. UNIQ welcomed 1,150 participants to Oxford for a 3-day residential course, and 300 more joined an online academic programme. After a sharp 18% increase in applications for graduate study in the previous year, applications declined by 6% to circa 37,000 in the 2021/22 admissions cycle. The University's Graduate Access Working Group continues to lead on a number of pioneering initiatives to encourage and support access to graduate study for students from underrepresented and deprived backgrounds. In 2022, the UNIQ+ graduate access research internship programme expanded and hosted 130 students in Oxford for six weeks. The Universities of Oxford and Cambridge, working in joint partnership, were awarded $974k as part of the OfS/UKRI competition to improve access to doctoral study for historically marginalised students. This project started in January 2022 and will run for four years with the aims to understand current selection processes and introduce interventions that would improve access. The University seeks to equip all its students with the skills and knowledge to succeed in future study or employment. Outside the curriculum, support provided for students included the following: * Over 500 financially supported research and professional internships in more than 36 countries; over 1,600 Micro-internships; and over 120 dedicated Crankstart internships * Over 7,000 1:1 sessions with a Careers Adviser * 10 careers fairs covering all industries, plus programmes such as Creative Careers week * Over 600 students taking part in "Insight Into..." programmes in teaching, medicine, academia, pharmaceuticals, publishing, and business; and * Experiential programmes organised by The Oxford Strategy Challenge, The Student Consultancy, Researcher Strategy Consultancy and The Agency providing almost 1,000 students and researchers with opportunities to work on over 100 voluntary consultancy projects for business, social enterprise, charity, and local government clients.
4b (Code:   ) (Expenses $ 758,664,501 including grants of $ 8,990,648 ) (Revenue $ 443,049,055 )
Research: 2021/22 HIGHLIGHTS: * For the seventh consecutive year, ranked first in the Times Higher Education (THE) worldwide ranking of universities (both overall and for research) * Highest overall research income of any UK university including highest for UK public sector, industry and the European Commission * REF 2021 results show Oxford's submission had the highest volume of world-leading research and will make Oxford the recipient of the highest quality-related recurrent funding for research of any UK university in 2022/23 * Oxford University retains top spot for spinout generation in the UK The scale of the University's research activity is substantial, involving over 1,900 academics, almost 4,900 research staff and over 7,000 postgraduate research students. The University collaborates with other universities and research organisations, healthcare providers, businesses, community groups, charities and government agencies, nationally and internationally. The public benefits from this research include better public policy, improved health outcomes, economic prosperity, social cohesion, international development, community identity, the arts, culture and quality of life. In 2021/22 over 2,740 new research awards were received, with a cumulative value of $997m and which will be spent over the lifetime of the awards across future years. In addition, Research England provided invaluable support through Quality- Related recurrent grant funding totalling $188m. Annual research income rose in 2021/22 to $866m, an increase of 6.9% compared to 2020/21. This growth was particularly noteworthy given the continued level of disruption to research experienced across the University as a result of the pandemic. The University's leading position in so many facets of national and international research has driven this year's research income growth. Income from the UK Public Sector increased the most, from $124m in 2020/21 to $172m in 2021/22, largely due to investment made by the Department of Health & Social Care in major COVID-19 research programmes such as the PRINCIPLE trial, the Com-Cov vaccine trial, and the ONS COVID-19 Infections Survey. Other research funding highlights in the past year include: * $12m from the Leverhulme Trust to set up a new Oxford nature recovery centre, to halt and reverse the ongoing loss and degradation of nature and its biodiversity * $13m investment from Cancer Research UK to catalyse the translation of world-leading cancer research into patient benefit. An additional $3.6m is dedicated to help train the next generation of cancer researchers. * $36.5m award from British Heart Foundation to develop the first cures for inherited heart muscle diseases via gene therapy technologies. * $61m funding commitment from Serum Life Sciences to establish a Poonawalla Vaccines Research Building at Oxford University. * $13m from the LEGO foundation for an international collaboration to develop and evaluate playful parenting programmes to improve at-scale child learning outcomes and reduce violence against children.
4c (Code:   ) (Expenses $ 718,428,571 including grants of $ 0 ) (Revenue $ 779,087,205 )
Academic and Educational Publishing: 2021/22 HIGHLIGHTS * More than 4,000 educational titles and 1,782 academic titles published * 170 major publishing awards won across the Press * Launch of Oxford Reading Club-a digital library with hundreds of Graded Reader eBooks to support English language learning * 9,000 people from more than 150 countries attended the English Language Teaching Online Conference * 223m active visits to journals on the Oxford Academic platform * 3.3m users of digital publications in schools * Achieved the milestone of publishing 100,000 open access articles, plus 100 fully open access journals * 20,000 titles on Oxford Scholarship Online, the digital library of research books published by the Press. Research publishing maintained good trading momentum, and continued its transition to digital. Visits by researchers or students to journal articles increased by 5% to 223 million. The Press also furthered its commitment to open access, this year reaching the important milestone of 100,000 open access articles. It now publishes more than 100 open access journals and 20,000 articles per year and the Press now has over 500 of these open access agreements in place worldwide. In reference, both Oxford Bibliographies Online and Oxford Research Encyclopaedias grew by 30% and 46% respectively. The Oxford English Dictionary also launched its OED Varieties of English page to chart the diversity of the English language around the world. The Press's academic book publishing continued to win prestigious awards, including: * The 2021 Lionel Gelber Prize for best English non-fiction book on foreign policy; * BMA Medical Book of the Year 2021 in the Public Health category; * The American Philosophical Association's 2021 BookPrize; and * A quartet of prizes at the Society of Military History's Distinguished Book Awards. In Education, schools reopened at different rates around the world. Demand for digital and blended products and services grew, with Oxford Owl and Oxford Advantage increasing in popularity. Schools Publishing turnover returned to almost pre-pandemic levels, with Kenya, Pakistan, and India showing particularly strong recoveries. However, some markets, such as China, faced regulatory changes which are impacting the Press's activities. The Learning of English continued to feel the impact of COVID-19 in many of its markets, but still achieved growth in Europe, Latin America, the Middle East, Central Asia, and Africa. In particular, digital product sales grew by 28%. In support of its digital ambitions, the Press introduced the Oxford English Hub, which will become the single destination for teachers and learners of English by enabling users to access digital course materials from one place. It has already generated more than 60,000 new user sessions and 900 trials for new courses.
4d Other program services (Describe in Schedule O.)
(Expenses $ 0 including grants of $ 0 ) (Revenue $ 0 )
4e Total program service expensesMediumBullet2,594,740,590
Form 990 (2021)
Form 990 (2021)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule AClick to see attachment.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. ...
2
 
No
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I.............
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II.........
4
 
No
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III..
5
 
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I.........................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II....
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part IIIClick to see attachment..............
8
Yes
 
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV..............
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part VClick to see attachment......
10
Yes
 
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D, Part VI. Click to see attachment...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIClick to see attachment.......
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX............
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X
11f
 
No
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII......................
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule EClick to see attachment
13
Yes
 
14a
Did the organization maintain an office, employees, or agents outside of the United States? .....
14a
Yes
 
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........Click to see attachment
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....Click to see attachment
15
Yes
 
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...Click to see attachment
16
Yes
 
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions. ....
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............
18
 
No
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....
21
 
No
Form 990 (2021)
Form 990 (2021)
Page 4
Part IV
Checklist of Required Schedules (continued)
Yes
No
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........
22
 
No
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............
24a
 
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............
24c
 
 
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
 
25a
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ....
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................
25b
 
No
26
Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II...........
26
 
No
27
Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?
If "Yes," complete
Schedule L, Part III.........................
27
 
No
28
Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................
28a
 
No
b
A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....
28b
 
No
c
A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV.....................
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..Click to see attachment
29
Yes
 
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................Click to see attachment
30
Yes
 
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............
33
 
No
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1.........................Click to see attachment
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...Click to see attachment
35b
Yes
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2.............
36
 
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI
37
 
No
38
Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........
Yes
No
1a
Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..
1a
11,957
b
Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
Form 990 (2021)
Form 990 (2021)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance (continued)
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
642
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. See instructions.
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
 
No
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..
4a
Yes
 
b
If "Yes," enter the name of the foreign country: MediumBulletAS , BE , BU , CA , CH , CI , EG , EZ , FR , GM , HK , HU , IN , IT , KS , LO , PE , PK , PL , SF , UK , UP , VM
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...
6a
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................
7a
 
 
b
If "Yes," did the organization notify the donor of the value of the goods or services provided? .....
7b
 
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................
7c
 
 
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
7e
 
 
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..
7f
 
 
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................
7h
 
 
8
Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the sponsoring organization make any taxable distributions under section 4966?........
9a
 
 
b
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.
15
 
No
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.
16
 
No
17
Section 501(c)(21) organizations. Did the trust, any disqualified person, or mine operator engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.
17
 
 
Form 990 (2021)
Form 990 (2021)
Page 6
Part VI
Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
1a
24
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
4
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
 
No
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .
4
Yes
 
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
 
No
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
Yes
 
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
Yes
 
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .......................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
 
No
b
Describe on Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on Schedule O how this was done...................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
Yes
 
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
Yes
 
Section C. Disclosure
17
List the states with which a copy of this Form 990 is required to be filedMediumBullet
18
Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, address, and telephone number of the person who possesses the organization's books and records:
MediumBulletMrs Sally McKinlayWellington Square   Oxford,OxfordshireOX1 2JDUK
Form 990 (2021)
Form 990 (2021)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See the instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (box 5 of Form W-2, Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See the instructions for the order in which to list the persons above.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC) 		(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) Nigel Portwood......................................................................
Chief Executive OUP
 45
.................
0 		      X     1,051,315 0 0
(2) Tim Fulton......................................................................
Chief Transformation Officer, OUP
 45
.................
0 		        X   701,764 0 0
(3) Fathima Dada......................................................................
Managing Director - Education, OUP
 45
.................
0 		        X   685,040 0 0
(4) Giles Spackman......................................................................
Group Finance Director, OUP
 45
.................
0 		      X     631,216 0 0
(5) Peter Marshall......................................................................
Managing Director - ELT, OUP
 45
.................
0 		        X   602,762 0 0
(6) Professor Louise Richardson......................................................................
Vice-Chancellor
 45
.................
0 		X   X       537,327 0 0
(7) David Clark......................................................................
Managing Director - Academic, OUP
 45
.................
0 		        X   516,504 0 0
(8) Lesley Sommerville......................................................................
Director - HR, OUP
 45
.................
0 		        X   414,519 0 0
(9) Professor Gavin Screaton......................................................................
Head of Medical Sciences Division
 45
.................
0 		X           381,760 0 0
(10) Professor David Gann......................................................................
Pro Vice Chancellor
 45
.................
0 		    X       337,399 0 0
(11) Mrs Gill Aitken......................................................................
Registrar
 45
.................
0 		    X       284,858 0 0
(12) Dr David Prout......................................................................
Pro Vice Chancellor
 45
.................
0 		    X       284,858 0 0
(13) Professor Chas Bountra......................................................................
Pro Vice Chancellor
 45
.................
0 		    X       265,292 0 0
(14) Professor Sam Howison......................................................................
Head of MPLS Division
 45
.................
0 		X           231,587 0 0
(15) Mr Richard Ovenden......................................................................
Bodley's Librarian
 45
.................
0 		      X     208,932 0 0
(16) Professor Anne Trefethen......................................................................
Pro Vice Chancellor
 45
.................
0 		    X       200,732 0 0
(17) Professor Patrick Grant......................................................................
Pro Vice Chancellor
 45
.................
0 		    X       191,519 0 0
Form 990 (2021)
Form 990 (2021)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC) 		(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) Professor Martin Williams........................................................................
Pro Vice Chancellor
 45
.......................0 		    X       186,981 0 0
(19) Simon Boddie........................................................................
Chief Financial Officer (from Oct 2021)
 45
.......................0 		    X       76,069 0 0
(20) Lord Patten........................................................................
Chancellor
 1
.......................0 		X           0 0 0
(21) Professor Karen OBrien........................................................................
Head of Humanities Division (to Sep 21)
 45
.......................0 		X           0 0 0
(22) Professor Daniel Grimley........................................................................
Head of the Humanities Division (from Oct 21)
 45
.......................0 		X           0 0 0
(23) Professor Margaret Stevens........................................................................
Head of Social Sciences Division (to Sep 21)
 45
.......................0 		X           0 0 0
(24) Professor Timothy Power........................................................................
Head of the Social Sciences Division (from Oct 21)
 45
.......................0 		X           0 0 0
(25) Baroness Jan Royall........................................................................
Chair of Conference of Colleges
 45
.......................0 		X           0 0 0
(26) Ms Lucinda Rumsey........................................................................
Senior Proctor (to Mar 22)
 45
.......................0 		X           0 0 0
(27) Dr David Johnson - to Mar 22........................................................................
Junior Proctor
 45
.......................0 		X           0 0 0
(28) Professor Jane Mellor........................................................................
Senior Proctor (from Mar 22)
 45
.......................0 		X           0 0 0
(29) Dr Linda Flores........................................................................
Junior Proctor (from Mar 22)
 45
.......................0 		X           0 0 0
(30) Mr John Bowers QC........................................................................
Council Member
 45
.......................0 		X           0 0 0
(31) Professor Alex Schekochihin........................................................................
Council Member
 45
.......................0 		X           0 0 0
(32) Professor Fabian Essler........................................................................
Council Member
 45
.......................0 		X           0 0 0
(33) Professor Richard Hobbs........................................................................
Council Member
 45
.......................0 		X           0 0 0
(34) Professor Kia Nobre........................................................................
Council Member
 45
.......................0 		X           0 0 0
(35) Professor Cecile Fabre........................................................................
Council Member
 45
.......................0 		X           0 0 0
(36) Professor Aditi Lahiri........................................................................
Council Member
 45
.......................0 		X           0 0 0
(37) Fra John Eidinow........................................................................
Council Member
 45
.......................0 		X           0 0 0
(38) Professor Diego Sanchez-Ancochea........................................................................
Council Member
 45
.......................0 		X           0 0 0
(39) Professor Patricia Daley........................................................................
Council Member
 45
.......................0 		X           0 0 0
(40) Professor Sir Rory Collins........................................................................
Council Member
 45
.......................0 		X           0 0 0
(41) Mr Charles Harman........................................................................
Council Member
 45
.......................0 		X           0 0 0
(42) Mr Nicholas Kroll........................................................................
Council Member
 45
.......................0 		X           0 0 0
(43) Sir Chris Deverell........................................................................
Council Member
 45
.......................0 		X           0 0 0
(44) Ms Wendy Becker........................................................................
Council Member
 45
.......................0 		X           0 0 0
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)...........MediumBullet 7,790,434 0 0
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization MediumBullet1,137
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
 
No
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
Morgan Sindall Limited

Morgan Sindall House
Corporation Street
Rugby   CV21 2DW
UK 		Construction/ Building Services 12,055,812
Fisher Clinical Services Limited

118 Fleming Way
Crawley
  SussexRH10 9NL
UK 		Equipment supplier 12,000,897
Life Technologies Limited

3 Foundation Drive
Inchinnan Business Park
Paisley   PA4 9RF
UK 		Bio tech company 8,047,828
Oxford BioMedica (UK) Limited

Windrush Court
Transport Way
Oxford   OX4 6LT
UK 		Life Sciences 7,993,565
Thermo Fisher Diagnostics Ltd

1 Boundary Park
Boundary Way
Hemel Hempstead   HP2 7GE
UK 		Scientific equipment 6,629,376
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet1,241
Form 990 (2021)
Form 990 (2021)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII.............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512 - 514
Contributions, Gifts, Grants, and OtherAmt Similar Amounts 1a Federated campaigns..1a 0
b Membership dues..1b 0
c Fundraising events..1c 0
d Related organizations1d 23,675,584
e Government grants (contributions)1e 699,755,828
f All other contributions, gifts, grants, and similar amounts not included above1f 163,161,044
g Noncash contributions included in lines 1a - 1f:$ 1g 3,514,703
h Total. Add lines 1a-1f.......MediumBullet 886,592,456
Program Service RevenueAmt Business Code
2a Education 611310 555,050,520 555,050,520 0 0
b Research 541700 443,049,055 443,049,055 0 0
c Academic and Educational Publishing 511130 779,087,205 779,087,205 0 0
d
e
f All other program service revenue. 81,634,473 81,634,473 0 0
g Total. Add lines 2a–2f .....MediumBullet 1,858,821,253
OtherAmtRevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ......MediumBullet 154,116,927 0 0 154,116,927
4 Income from investment of tax-exempt bond proceedsMediumBullet 0 0 0 0
5 Royalties...........MediumBullet 196,632,123 196,632,123 0 0
(ii) Personal (i) Real
6a Gross rents 0 25,033,879 6a
b Less: rental expenses 0 0 6b
c Rental income or (loss) 0 25,033,879 6c
d Net rental income or (loss).......MediumBullet 25,033,879 0 0 25,033,879
(ii) Other (i) Securities
7a Gross amount from sales of assets other than inventory 0 5,434,057 7a
b Less: cost or other basis and sales expenses 0 0 7b
c Gain or (loss) 0 5,434,057 7c
d Net gain or (loss).........MediumBullet 5,434,057 0 0 5,434,057
8a Gross income from fundraising events (not including $ 0of contributions reported on line 1c). See Part IV, line 18 ....
8a  
b Less: direct expenses ... 8b  
c Net income or (loss) from fundraising events..MediumBullet      
9a Gross income from gaming activities.
See Part IV, line 19 ...
9a  
b Less: direct expenses ... 9b  
c Net income or (loss) from gaming activities..MediumBullet        
10a Gross sales of inventory, less
returns and allowances ..
10a  
b Less: cost of goods sold .. 10b  
c Net income or (loss) from sales of inventory..MediumBullet        
Business Code Miscellaneous Revenue
11a Gains on foreign exchange 561000 8,781,260 8,781,260 0 0
b            
c            
d All other revenue .... 0 0 0 0
e Total. Add lines 11a–11d ...... MediumBullet 8,781,260
12 Total revenue. See instructions.....MediumBullet 3,135,411,955 2,064,234,636 0 184,584,863
Form 990 (2021)
Form 990 (2021)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising
expenses
1 Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 .... 0 0
2 Grants and other assistance to domestic individuals. See Part IV, line 22 ........... 0 0
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. ............. 139,393,746 139,393,746
4 Benefits paid to or for members ....... 0 0
5 Compensation of current officers, directors, trustees, and key employees ........... 0 0 0 0
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ......... 0 0 0 0
7 Other salaries and wages........ 1,072,212,373 965,392,686 97,195,217 9,624,470
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 160,545,819 144,551,363 14,553,353 1,441,103
9 Other employee benefits ....... 0 0 0 0
10 Payroll taxes ........... 99,200,032 89,317,180 8,992,406 890,446
11 Fees for services (non-employees):        
a Management ...... 0 0 0 0
b Legal ......... 9,652,377 3,994,156 5,639,484 18,737
c Accounting ........... 1,208,469 523,018 685,451  
d Lobbying ........... 0 0 0 0
e Professional fundraising services. See Part IV, line 17    
f Investment management fees ...... 0 0 0 0
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) 107,724,583 62,232,570 44,949,474 542,539
12 Advertising and promotion .... 4,677,109 4,938,364 -531,300 270,045
13 Office expenses ....... 227,378,939 256,325,357 -29,146,305 199,887
14 Information technology ...... 82,365,055 68,352,694 13,356,724 655,637
15 Royalties .. 23,938,081 23,530,497 403,817 3,767
16 Occupancy ........... 97,316,065 96,989,231 281,868 44,966
17 Travel ............ 20,221,532 18,678,858 1,433,481 109,193
18 Payments of travel or entertainment expenses for any federal, state, or local public officials . 0 0 0 0
19 Conferences, conventions, and meetings .... 16,781,070 16,220,444 439,891 120,735
20 Interest ........... 45,640,809 0 45,640,809 0
21 Payments to affiliates ....... 161,610,863 161,055,131 555,732 0
22 Depreciation, depletion, and amortization .. 145,734,444 133,276,593 12,457,851 0
23 Insurance ... 4,654,938 2,666,201 1,978,999 9,738
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a Printing and Publications 450,429,044 450,631,203 -209,898 7,739
b Staff Training 3,330,015 2,952,567 347,903 29,545
c Dues and Subscriptions 2,695,166 1,667,080 934,978 93,108
d Commissions 1,079,363 565,227 404,454 109,682
e All other expenses -23,539,364 -48,513,576 25,369,107 -394,895
25 Total functional expenses. Add lines 1 through 24e 2,854,250,528 2,594,740,590 245,733,496 13,776,442
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet if following SOP 98-2 (ASC 958-720).        
Form 990 (2021)
Form 990 (2021)
Page 11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this Part IX..............
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash–non-interest-bearing ........   1  
2 Savings and temporary cash investments ......... 919,008,689 2 1,012,119,097
3 Pledges and grants receivable, net ...... 375,121,762 3 283,603,078
4 Accounts receivable, net ............. 324,423,038 4 334,687,680
5 Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
0 5 0
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
0 6 0
7 Notes and loans receivable, net ........... 0 7 0
8 Inventories for sale or use ............ 81,327,710 8 83,905,178
9 Prepaid expenses and deferred charges ...... 110,994,583 9 101,857,102
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 3,217,174,921
b Less: accumulated depreciation 10b 1,119,576,668 2,334,825,234 10c 2,097,598,253
11 Investments—publicly traded securities . 1,183,236,162 11 687,699,691
12 Investments—other securities. See Part IV, line 11 ..... 4,809,186,196 12 4,948,787,601
13 Investments—program-related. See Part IV, line 11 .. 147,172,196 13 126,588,279
14 Intangible assets ............... 119,964,443 14 117,557,487
15 Other assets. See Part IV, line 11 ........... 519,425,587 15 206,055,499
16 Total assets. Add lines 1 through 15 (must equal line 33)... 10,924,685,600 16 10,000,458,945
Liabilities 17 Accounts payable and accrued expenses ..... 464,574,346 17 268,299,016
18 Grants payable ... 560,199,557 18 531,994,717
19 Deferred revenue ......... 403,113,288 19 528,655,274
20 Tax-exempt bond liabilities ......... 0 20 0
21 Escrow or custodial account liability. Complete Part IV of Schedule D 0 21 0
22 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
0 22 0
23 Secured mortgages and notes payable to unrelated third parties .. 0 23 0
24 Unsecured notes and loans payable to unrelated third parties .. 1,750,910,077 24 1,583,064,386
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D 693,983,604 25 843,680,941
26 Total liabilities. Add lines 17 through 25.. 3,872,780,872 26 3,755,694,334
Net Assets or Fund Balance Organizations that follow FASB ASC 958, check here MediumBullet and complete lines 27, 28, 32, and 33.
27 Net assets without donor restrictions ..........   27  
28 Net assets with donor restrictions ...........   28  
Organizations that do not follow FASB ASC 958, check here MediumBullet and complete lines 29 through 33.
29 Capital stock or trust principal, or current funds ..... 0 29 0
30 Paid-in or capital surplus, or land, building or equipment fund ... 0 30 0
31 Retained earnings, endowment, accumulated income, or other funds 7,051,904,728 31 6,244,764,611
32 Total net assets or fund balances ........... 7,051,904,728 32 6,244,764,611
33 Total liabilities and net assets/fund balances ........ 10,924,685,600 33 10,000,458,945
Form 990 (2021)
Form 990 (2021)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
3,135,411,955
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
2,854,250,528
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
281,161,427
4
Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..
4
7,051,904,728
5
Net unrealized gains (losses) on investments ...............
5
11,771,654
6
Donated services and use of facilities .................
6
0
7
Investment expenses .....................
7
0
8
Prior period adjustments .....................
8
43,977,013
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
-1,144,050,211
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))
10
6,244,764,611
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII.............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?
3a
 
No
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
 
 
Form 990 (2021)
Form 990 (2021)
Additional Data


Software ID: 21013178
Software Version: v1.00
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE A
(Form 990)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ.
right arrow Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
CHANCELLOR MASTERS & SCHOLARS OF THE UNIVERSITY OF OXFORD
 
Employer identification number

98-6001062
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)
1
2
3
4
5
6
7
8
9
10
11
12
a
b
c
d
e
f
Enter the number of supported organizations ...............................  
g
Provide the following information about the supported organization(s).
(i) Name of supported organization (ii) EIN (iii) Type of organization (described on lines 1- 10 above (see instructions)) (iv) Is the organization listed in your governing document? (v) Amount of monetary support (see instructions) (vi) Amount of other support (see instructions)
Yes No
Total
 
   
For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.
Cat. No. 11285F
Schedule A (Form 990) 2021

Schedule A (Form 990) 2021
Page 2
Part II
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2017 (b) 2018 (c) 2019 (d) 2020 (e) 2021 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. 872,135,666 863,192,543 1,030,892,794 1,025,256,100 968,226,929 4,759,704,032
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... 0 0 0 0 0 0
3 The value of services or facilities furnished by a governmental unit to the organization without charge.. 0 0 0 0 0 0
4 Total. Add lines 1 through 3 872,135,666 863,192,543 1,030,892,794 1,025,256,100 968,226,929 4,759,704,032
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. 39,287,713
6 Public support. Subtract line 5 from line 4. 4,720,416,319
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2017 (b) 2018 (c) 2019 (d) 2020 (e) 2021 (f) Total
7 Amounts from line 4.. 872,135,666 863,192,543 1,030,892,794 1,025,256,100 968,226,929 4,759,704,032
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... 96,084,622 201,415,391 220,873,736 239,290,323 375,782,929 1,133,447,001
9 Net income from unrelated business activities, whether or not the business is regularly carried on.. 1,016,404 778,104 4,072,416     5,866,924
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. 8,099,547 5,452,866 2,324,124 0 8,781,260 24,657,797
11 Total support. Add lines 7 through 10 5,923,675,754
12
12
1,777,186,780
13
First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here ........................................right arrow
Section C. Computation of Public Support Percentage
14
14
79.687 %
15
15
83.579 %
16a
b
17a
b
18
Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow
Schedule A (Form 990) 2021

Schedule A (Form 990) 2021
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2017 (b) 2018 (c) 2019 (d) 2020 (e) 2021 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .            
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose            
3 Gross receipts from activities that are not an unrelated trade or business under section 513 .....            
4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...            
5 The value of services or facilities furnished by a governmental unit to the organization without charge            
6 Total. Add lines 1 through 5            
7a Amounts included on lines 1, 2, and 3 received from disqualified persons            
b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.            
c Add lines 7a and 7b..            
8 Public support. (Subtract line 7c from line 6.)  
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2017 (b) 2018 (c) 2019 (d) 2020 (e) 2021 (f) Total
9 Amounts from line 6...            
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..            
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.            
c Add lines 10a and 10b.            
11 Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on.            
12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..            
13 Total support. (Add lines 9, 10c, 11, and 12.)..            
14
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
b
20
Schedule A (Form 990) 2021

Schedule A (Form 990) 2021
Page 4
Part IV
Supporting Organizations
(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, of Part I, complete Sections A and D, and complete Part V.)
Section A. All Supporting Organizations
Yes
No
1
Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.
1
 
 
2
Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).
2
 
 
3a
Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below.
3a
 
 
b
Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.
3b
 
 
c
Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.
3c
 
 
4a
Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked box 12a or 12b in Part I, answer lines 4b and 4c below.
4a
 
 
b
Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.
4b
 
 
c
Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.
4c
 
 
5a
Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer lines 5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).
5a
 
 
b
Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?
5b
 
 
c
Substitutions only. Was the substitution the result of an event beyond the organization's control?
5c
 
 
6
Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.
6
 
 
7
Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .
7
 
 
8
Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? If “Yes,” complete Part I of Schedule L (Form 990).
8
 
 
9a
Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.
9a
 
 
b
Did one or more disqualified persons (as defined on line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.
9b
 
 
c
Did a disqualified person (as defined on line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.
9c
 
 
10a
Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.
10a
 
 
b
Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).
10b
 
 
Schedule A (Form 990) 2021

Schedule A (Form 990) 2021
Page 5
Part IV
Supporting Organizations (continued)
Yes
No
11
Has the organization accepted a gift or contribution from any of the following persons?
a
A person who directly or indirectly controls, either alone or together with persons described on lines 11b and 11c below, the governing body of a supported organization?
11a
 
 
b
A family member of a person described on 11a above?
11b
 
 
c
A 35% controlled entity of a person described on line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.
11c
 
 
Section B. Type I Supporting Organizations
Yes
No
1
Did the officers, directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.
1
 
 
2
Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.
2
 
 
Section C. Type II Supporting Organizations
Yes
No
1
Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).
1
 
 
Section D. All Type III Supporting Organizations
Yes
No
1
Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?
1
 
 
2
Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).
2
 
 
3
By reason of the relationship described in line 2 above, did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.
3
 
 
Section E. Type III Functionally-Integrated Supporting Organizations
1
Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):
a
b
c
2
Activities Test. Answer lines 2a and 2b below.
Yes
No
a
Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.
2a
 
 
b
Did the activities described on line 2a, above constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.
2b
 
 
3
Parent of Supported Organizations. Answer lines 3a and 3b below.
a
Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations?If "Yes" or "No", provide details in Part VI.
3a
 
 
b
Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.
3b
 
 
Schedule A (Form 990) 2021

Schedule A (Form 990) 2021
Page 6
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations
1
Section A - Adjusted Net Income (A) Prior Year (B) Current Year
(optional)
1 Net short-term capital gain 1    
2 Recoveries of prior-year distributions 2    
3 Other gross income (see instructions) 3    
4 Add lines 1 through 3 4    
5 Depreciation and depletion 5    
6 Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) 6    
7 Other expenses (see instructions) 7    
8 Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) 8    
Section B - Minimum Asset Amount (A) Prior Year (B) Current Year
(optional)
1 Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): 1
a Average monthly value of securities 1a    
b Average monthly cash balances 1b    
c Fair market value of other non-exempt-use assets 1c    
d Total (add lines 1a, 1b, and 1c) 1d    
e Discount claimed for blockage or other factors
(explain in detail in Part VI):  
2 Acquisition indebtedness applicable to non-exempt use assets 2    
3 Subtract line 2 from line 1d 3    
4 Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). 4    
5 Net value of non-exempt-use assets (subtract line 4 from line 3) 5    
6 Multiply line 5 by 0.035 6    
7 Recoveries of prior-year distributions 7    
8 Minimum Asset Amount (add line 7 to line 6) 8    
Section C - Distributable Amount Current Year
1 Adjusted net income for prior year (from Section A, line 8, Column A) 1  
2 Enter 85% of line 1 2  
3 Minimum asset amount for prior year (from Section B, line 8, Column A) 3  
4 Enter greater of line 2 or line 3 4  
5 Income tax imposed in prior year 5  
6 Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) 6  
7
Schedule A (Form 990) 2021

Schedule A (Form 990) 2021
Page 7
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)
Section D - Distributions Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes 1  
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in
excess of income from activity 		2  
3 Administrative expenses paid to accomplish exempt purposes of supported organizations 3  
4 Amounts paid to acquire exempt-use assets 4  
5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) 5  
6 Other distributions (describe in Part VI). See instructions 6  
7Total annual distributions. Add lines 1 through 6. 7  
8 Distributions to attentive supported organizations to which the organization is responsive (provide
details in Part VI). See instructions 		8  
9 Distributable amount for 2021 from Section C, line 6 9  
10 Line 8 amount divided by Line 9 amount 10  
Section E - Distribution Allocations (see instructions) (i)
Excess Distributions 		(ii)
Underdistributions
Pre-2021 		(iii)
Distributable
Amount for 2021
1 Distributable amount for 2021 from Section C, line 6  
2 Underdistributions, if any, for years prior to 2021 (reasonable cause required-- explain in Part VI).
See instructions.		  
3 Excess distributions carryover, if any, to 2021:
a From 2016.......  
b From 2017.......  
c From 2018.......  
d From 2019.......  
e From 2020.......  
fTotal of lines 3a through e  
g Applied to underdistributions of prior years  
h Applied to 2021 distributable amount  
i Carryover from 2016 not applied (see
instructions) 		 
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.  
4Distributions for 2021 from Section D, line 7:
$  
a Applied to underdistributions of prior years  
b Applied to 2021 distributable amount  
c Remainder. Subtract lines 4a and 4b from line 4.  
5 Remaining underdistributions for years prior to
2021, if any. Subtract lines 3g and 4a from line 2.
If the amount is greater than zero, explain in Part VI.
See instructions. 		 
6 Remaining underdistributions for 2021. Subtract
lines 3h and 4b from line 1. If the amount is greater
than zero, explain in Part VI. See instructions. 		 
7 Excess distributions carryover to 2022. Add lines
3j and 4c. 		 
8 Breakdown of line 7:
a Excess from 2017.....  
b Excess from 2018.....  
c Excess from 2019.....  
d Excess from 2020.....  
e Excess from 2021.....  
Schedule A (Form 990) (2021)

Schedule A (Form 990) 2021
Page 8
Part VI
Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Return Reference Explanation
Schedule A, Part II, Line 10 This comprises an increase in the value of our revaluation reserve during the year.
Schedule A (Form 990) 2021


Additional Data


Software ID: 21013178
Software Version: v1.00
SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet Attach to Form 990.
SchDMd Bullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
CHANCELLOR MASTERS & SCHOLARS OF THE UNIVERSITY OF OXFORD
 
Employer identification number

98-6001062
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .........    
2 Aggregate value of contributions to (during year)    
3 Aggregate value of grants from (during year)    
4 Aggregate value at end of year ........    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................
Part II
Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ...................... 2a  
b Total acreage restricted by conservation easements .................... 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............
6
Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................
9
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:
(i)
Revenue included on Form 990, Part VIII, line 1 .........................SchDMd Bullet $ 3,514,703
(ii)
Assets included in Form 990, Part X ...............................SchDMd Bullet $ 131,383,351
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:
a
Revenue included on Form 990, Part VIII, line 1 ..........................SchDMd Bullet $ 0
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $ 0
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2021

Schedule D (Form 990) 2021
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b If "Yes," explain the arrangement in Part XIII and complete the following table: Amount
c Beginning balance ............................. 1c  
d Additions during the year ............................ 1d  
e Distributions during the year .......................... 1e  
f Ending balance ................................ 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...
b
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....
Part V
Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.
(a) Current year (b) Prior year (c) Two years back (d) Three years back (e) Four years back
1a Beginning of year balance .... 2,137,345,556 1,697,902,141 1,589,430,041 1,515,728,923 1,279,846,140
b Contributions ... 65,631,276 60,211,149 147,487,424 76,977,079 58,683,842
c Net investment earnings, gains, and losses -171,719,871 436,472,041 13,590,113 38,421,945 212,567,266
d Grants or scholarships ... 23,270,291 23,051,703 21,185,355 16,792,654 14,243,594
e Other expenditures for facilities
and programs ... 		29,446,210 29,169,610 26,807,934 21,249,414 18,023,835
f Administrative expenses .... 5,066,049 5,018,462 4,612,148 3,655,838 3,100,896
g End of year balance ...... 1,973,474,411 2,137,345,556 1,697,902,141 1,589,430,041 1,515,728,923
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment SchDMd Bullet0 %
b
Permanent endowment SchDMd Bullet72.7 %
c
Term endowment SchDMd Bullet27.3 %
The percentages on lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) Unrelated organizations .................
3a(i)
Yes
 
(ii) Related organizations .................
3a(ii)
Yes
 
b
If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
Yes
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis
(investment) 		(b) Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land ..... 0 119,210,484 119,210,484
b Buildings .... 409,447,046 2,394,005,438 974,449,054 1,829,003,430
c Leasehold improvements 0 33,479,199 17,573,278 15,905,921
d Equipment .... 0 261,032,754 127,554,336 133,478,418
e Other ..... 0 0 0 0
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..SchDMdBullet 2,097,598,253
Schedule D (Form 990) 2021

Schedule D (Form 990) 2021
Page 3
Part VII
Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1) Financial derivatives......... 0  
(2) Closely-held equity interests........ 0  
(3) Other
(A) Managed Fund		 4,334,809,794 F

(B) Unquoted spinout companies		 221,348,234 F

(C) 3rd Party Managed		 319,265,097 F

(D) Other Securities		 73,364,476 F
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet 4,948,787,601
Part VIII
Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
(1) Federal income taxes  
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet 843,680,941
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII
Schedule D (Form 990) 2021

Schedule D (Form 990) 2021
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1  
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments .... 2a  
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d ..................... 2e  
3 Subtract line 2e from line 1.................. 3  
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIII.) ........... 4b  
c Add lines 4a and 4b.................... 4c  
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5  
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1  
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities ......... 2a  
b Prior year adjustments ............ 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d.................... 2e  
3 Subtract line 2e from line 1................... 3  
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIII.) ............ 4b  
c Add lines 4a and 4b..................... 4c  
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5  
Part XIII
Supplemental Information
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Return Reference Explanation
Schedule D, Part III, Line 4 The University of Oxford collections relate to museums, libraries, and other collections. The University objectives are to make the collections a focus for research, teaching, and collection-based scholarship within the University. The collections are used as a research resource for a wide range of scholarly users, a facility for interaction between the University and the public and an active contributor to the region's cultural development. The Gardens, Libraries and Museums which host our collections were able to open as normal in 2021/22 following periods of closures due to the Covid pandemic. In total we welcomed over 2.3 million visitors to our sites in 2021/22. Over this period, we continued to care for our collections, and to support and engage with local communities and international audiences through digital and community engagement initiatives. Highlights of this work include: * Major exhibitions such as Tokyo: Art and Photography at the Ashmolean Museum followed by Pissarro: Father of Impressionism. The Bodleian Libraries opened its popular exhibition, Tutankhamun: Excavating the Archive as well as Melancholy: A New Anatomy, developed with Oxford University experts in mental health research and the humanities. The Museum of Natural History's exhibition, Meat the Future, examined how the production and consumption of animal products affect people and planet while Pitt Rivers' Beyond the Binary explored gender identity, sexuality and power. * Two GLAM institutions were winners in the top sector awards, the 2022 Museum & Heritage awards. The Museum of Natural History won Partnership Award for their Meat the Future exhibition and the History of Science Museum won the Visitor Welcome Award. * In 2021/22 Bodleian Libraries saw 1.3 million visits to its Reading Rooms and use of its online resources, including SOLO, was 50.5 million. * In 2021/22 GLAM's Community Engagement Team worked with partners including local organisations, groups and communities - and often audiences that are historically underserved by the sector - to deliver a programme of over 140 outreach events or activities, reaching over 3,000 people. * The History of Science Museum launched its Collections Online, part of a major project across the four museums to digitize and make their collections available online.
Schedule D, Part V, Line 4 The University holds a large amount of funds on trust to be applied for specific purposes narrower than the University's general purposes of teaching and research. These funds have accumulated over many years, and have arisen almost entirely from donations received from University benefactors. Since its very beginning, the University has relied on philanthropic support to advance its mission and to sustain academic freedom. Over the centuries, many buildings, institutions, teaching posts, research posts and scholarships have been funded by the generosity of donors. Further information about individual trusts can be found at https://governance.admin.ox.ac.uk/about-trust-funds. Donors may specify that monies donated are to be permanently invested to generate an income stream either for a specific purpose or for the general purposes of the University. These funds are then accounted for as permanent endowments. Where the donor has specified a particular objective, and that the University must or may convert the donated sum into income, the fund is classified as a restricted expendable endowment. Endowment reserves at the year-end of $2,071m have been specified by respective donors to be spent in the following areas: * Academic posts (39%) - including the funding of professorships in our cutting-edge Medical Sciences division, as well as areas as diverse as Transport Studies, Mental Philosophy and Political Economy. * Scholarship funds (29%) - in areas ranging from research in Infection and Immunity to graduate travel funds and for visiting fellowships. * General academic (25%) - monies which may be used for supporting teaching and research more broadly, including for scholarships, fellowships and laboratory funding * Support for libraries and museums (5%) - including funding for fellowships to study our extraordinary collections, and for purchases of underrepresented art or restoration of unique pieces * Prize funds & societies (2%) As at the year end, the four most material endowment funds comprised 32% of the total. The University holds $92m in endowments from a $97m gift from the Reuben Foundation for the benefit of Reuben College and student scholarships. Of the original gift, $68m comprises a core endowment for the new college, and $29m is ring fenced for scholarships. The University holds $97.6m in endowments from the James Martin 21st Century Foundation. The primary purpose of the Foundation is to support the Oxford Martin School and establish or support any other entity within the University that advances specialised education relating to the severe problems of the 21st century. The University holds $152.5m in endowments from a 1936 donation from Lord Nuffield. Under the terms of the trust deed, the fund is used to widen the scope of the Medical School of the University and to provide special facilities for research. The University holds $317m from a 2012 endowment gift from the Crankstart Foundation to provide a programme of support for UK resident undergraduate students from disadvantaged backgrounds. Under the conditions of the terms of gift, the University commits to match the annual income for this or other projects to support disadvantaged students or applicants.
Schedule D (Form 990) 2021


Additional Data


Software ID: 21013178
Software Version: v1.00




SCHEDULE E(Form 990)

Department of the Treasury
Internal Revenue Service
Schools

Right pointing arrow large image Complete if the organization answered "Yes" on Form 990,
Part IV, line 13, or Form 990-EZ, Part VI, line 48.
Right pointing arrow large image Attach to Form 990 or Form 990-EZ.
Right pointing arrow large image Go to www.irs.gov/Form990EZ for the latest information.
OMB No. 1545-0047 2021Open to Public Inspection
Name of the organization
CHANCELLOR MASTERS & SCHOLARS OF THE UNIVERSITY OF OXFORD
 
Employer identification number

98-6001062
Part I
YES
NO
1
Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws,
other governing instrument, or in a resolution of its governing body? . . . . . . . . . . . . . . . . . .
1
Yes
 
2
Does the organization include a statement of its racially nondiscriminatory policy toward students in all its
brochures, catalogues, and other written communications with the public dealing with student admissions,
programs, and scholarships? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
Yes
 
3
Has the organization publicized its racially nondiscriminatory policy on its primary publicly accessible Internet homepage at
all times during its taxable year in a manner reasonably expected to be noticed by visitors to the homepage, or through
newspaper or broadcast media during the period of solicitation for students, or during the registration period if it has no
solicitation program, in a way that makes the policy known to all parts of the general community it serves? If "Yes," please
describe. If "No," please explain. If you need more space use Part II. . . . . . . . . . . . . . . . . . .
3
 
No
 
4
Does the organization maintain the following?
a
Records indicating the racial composition of the student body, faculty, and administrative staff? . . . . . . . . .
4a
Yes
 
b
Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory
basis? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4b
Yes
 
c
Copies of all catalogues, brochures, announcements, and other written communications to the public dealing
with student admissions, programs, and scholarships? . . . . . . . . . . . . . . . . . . . . . . .
4c
Yes
 
d
Copies of all material used by the organization or on its behalf to solicit contributions? . . . . . . . . . . . .
4d
Yes
 
If you answered "No" to any of the above, please explain. If you need more space, use Part II.
 
5
Does the organization discriminate by race in any way with respect to:
a
Students' rights or privileges? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5a
 
No
b
Admissions policies? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5b
 
No
c
Employment of faculty or administrative staff? . . . . . . . . . . . . . . . . . . . . . . . . .
5c
 
No
d
Scholarships or other financial assistance? . . . . . . . . . . . . . . . . . . . . . . . . . .
5d
 
No
e
Educational policies? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5e
 
No
f
Use of facilities? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5f
 
No
g
Athletic programs? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5g
 
No
h
Other extracurricular activities? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5h
 
No
If you answered "Yes" to any of the above, please explain. If you need more space, use Part II.
 
6a
Does the organization receive any financial aid or assistance from a governmental agency? . . . . . . . . . .
6a
Yes
 
b
Has the organization's right to such aid ever been revoked or suspended? . . . . . . . . . . . . . . . .
6b
 
No
If you answered "Yes" to either line 6a or line 6b, explain on Part II.
7
Does the organization certify that it has complied with the applicable requirements of sections 4.01 through 4.05
of Rev. Proc. 75-50, 1975-2 C.B. 587, covering racial nondiscrimination? If "No," explain on Part II. . . . . . . . .
7
Yes
 
Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50085D
Schedule E (Form 990) (2021)
Schedule E (Form 990) (2021)
Page 2
Part II
Supplemental Information. Provide the explanations required by Part I, lines 3, 4d, 5h, 6b, and 7, as applicable. Also provide
any other additional information. See instructions.
Return Reference Explanation
Schedule E, Part I, Line 3 A racially discriminatory policy would be illegal within the UK so it would be unusual for the University to make such a statement. However, the University's undergraduate and postgraduate admissions websites and prospectuses make it clear that admissions decisions are taken within the framework of the University's Equality Policy and the Equality Act 2010, and specifically that "Oxford is committed to recruiting the best candidates from all backgrounds and all identities. The University is committed to fostering an inclusive culture which promotes equality and values diversity."
Schedule E, Part I, Line 6 Oxford University receives various forms of grants and aid from U.K government agencies including via the Office for Students (OfS). Research funding is received from a variety of US governmental agencies.
Schedule E (Form 990) (2021)
Additional Data


Software ID: 21013178
Software Version: v1.00
SCHEDULE F(Form 990)
Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right pointing arrow large image Complete if the organization answered "Yes" to Form 990, Part IV, line 14b, 15, or 16.Right pointing arrow large image Attach to Form 990.Right pointing arrow large image Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
CHANCELLOR MASTERS & SCHOLARS OF THE UNIVERSITY OF OXFORD
 
Employer identification number

98-6001062
Part I
General Information on Activities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 14b.
1
For grantmakers. Does the organization maintain records to substantiate the amount of its grants and
other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used
to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . .
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.
3
Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees, agents, and independent contractors in the region (d) Activities conducted in region (by type) (such as, fundraising, program services, investments, grants to recipients located in the region) (e) If activity listed in (d) is a program service, describe specific type of
service(s) in the region		 (f) Total expenditures
for and investments
in the region
East Asia and the Pacific 2 0 Program Services Education and Research 16,767,812
Europe (including Iceland and Greenland) 6 18,643 Program Services Education and Research 2,446,726,905
South Asia 2 0 Program Services Education and Research 41,495,636
           
           
           
           
           
           
           
           
           
           
           
           
           
           
3a Sub-total ....      
b Total from continuation sheets to Part I ...      
c Totals (add lines 3a and 3b) 10 18,643 2,504,990,353
For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2021
Schedule F (Form 990) 2021
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)		 (c) Region (d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount
of noncash
assistance 		(h) Description
of noncash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
Europe (including Iceland and Greenland) Research and Education 1,133,401 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 996,951 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 845,155 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 768,952 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 574,559 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 500,732 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 385,230 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 321,258 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 317,920 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 302,062 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 279,867 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 274,748 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 252,470 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 229,760 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 218,446 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 216,680 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 214,546 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 193,773 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 192,028 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 178,988 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 170,449 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 169,128 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 165,027 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 161,536 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 159,028 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 157,075 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 156,021 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 146,634 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 144,454 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 141,759 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 141,268 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 141,268 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 140,309 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 127,574 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 124,506 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 119,105 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 117,747 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 117,373 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 113,503 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 111,230 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 103,454 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 102,658 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 98,253 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 95,715 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 93,130 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 91,283 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 76,474 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 70,012 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 67,450 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 66,440 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 65,697 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 65,111 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 57,582 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 55,858 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 54,965 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 54,960 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 54,673 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 52,473 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 48,708 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 47,140 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 46,166 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 46,166 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 44,217 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 44,087 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 43,555 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 39,241 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 39,122 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 38,825 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 33,904 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 33,829 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 33,422 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 32,312 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 31,353 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 30,428 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 30,428 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 29,892 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 29,254 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 28,675 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 27,957 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 27,727 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 26,594 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 26,417 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 25,745 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 24,812 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 24,494 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 24,342 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 24,342 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 24,111 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 23,544 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 23,186 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 22,912 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 22,364 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 21,689 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 21,585 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 21,299 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 21,086 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 21,086 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 21,086 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 19,702 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 19,702 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 19,674 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 19,536 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 19,200 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 19,169 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 18,287 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 18,287 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 18,287 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 18,287 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 18,257 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 18,257 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 18,257 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 17,799 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 16,975 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 16,796 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 16,597 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 16,295 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 15,867 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 15,491 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 15,439 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 15,335 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 15,126 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 14,909 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 14,727 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 14,488 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 14,423 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 13,997 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 13,885 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 13,281 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 13,223 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 12,688 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 12,677 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 12,317 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 12,171 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 12,171 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 12,072 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 11,623 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 11,544 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 11,319 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 11,197 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 10,936 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 10,866 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 10,866 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 10,650 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 10,506 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 10,384 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 10,263 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 10,023 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 9,737 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 9,659 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 9,318 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 9,170 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 9,128 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 9,128 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 9,055 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 9,055 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 9,055 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 8,452 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 8,435 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 8,135 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 8,015 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 7,972 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 7,911 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 7,892 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 7,424 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 7,244 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 7,244 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 7,244 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 7,244 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 7,244 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 7,235 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 7,157 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 6,998 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 6,998 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 6,998 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 6,998 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 6,998 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 6,882 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 6,694 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 6,640 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 6,475 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 6,360 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 6,339 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 6,086 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 6,086 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 6,086 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 6,086 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 6,037 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 5,989 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 5,593 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 5,477 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 5,433 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 5,258 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 5,173 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 5,173 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 5,173 Wire Transfer      
Europe (including Iceland and Greenland) Research and Education 5,173 Wire Transfer      
2 Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .......MediumBullet
187
3 Enter total number of other organizations or entities .......................MediumBullet
6
Schedule F (Form 990) 2021
Schedule F (Form 990) 2021Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 16.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Region (c) Number of recipients (d) Amount of
cash grant 		(e) Manner of cash
disbursement 		(f) Amount of
noncash
assistance 		(g) Description
of noncash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
Scholarships Europe (including Iceland and Greenland) 2,619 72,246,055 Wire Transfer      
Studentships Europe (including Iceland and Greenland) 2,013 34,823,558 Wire Transfer      
Student bursaries Europe (including Iceland and Greenland) 4,568 8,954,537 Wire Transfer      
Covid support Europe (including Iceland and Greenland) 1,105 6,014,987 Wire Transfer      
Hardship and other lower income support Europe (including Iceland and Greenland) 1,936 1,011,013 Wire Transfer      
Other grants Europe (including Iceland and Greenland) 894 788,135 Wire Transfer      
Prizes Europe (including Iceland and Greenland) 1,273 704,472 Wire Transfer      
               
               
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) 2021
Schedule F (Form 990) 2021
Page 4
Part IV
Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to separately file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; don't file with Form 990). . . . . . . . . . . . . . . . . . . . . . . .
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471). . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621) .
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships (see Instructions for Form 8865). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule F (Form 990) 2021
Schedule F (Form 990) 2021
Page 5
Part V
Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information. See instructions.
ReturnReference Explanation
Schedule F, Part I, Line 2 Scholarships are granted to students enrolled for graduate study at the University of Oxford. The scholarships normally comprise of tuition fees, college fees and a maintenance grant. The University pays the tuition fees and college fees directly from its accounts through the Finance Division to the colleges, which ensures they are used for their intended purpose. The University pays the student's maintenance termly, and each student must collect the first payment in person (with identification). Each student is required to write a report at the end of their first term of study and at the end of each academic year. This report details their academic activities and progress, and extra-curricular activities in which they are involved. The maintenance grant is used by the students to help with living costs. The amount of this grant is a recommended amount calculated by a committee of bursars and is based on average costs of rent and living costs.
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
Schedule F (Form 990) 2021
Additional Data


Software ID: 21013178
Software Version: v1.00



Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
SchJMediumBullet Attach to Form 990.
SchJMediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
CHANCELLOR MASTERS & SCHOLARS OF THE UNIVERSITY OF OXFORD
 
Employer identification number

98-6001062
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....
1b
Yes
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....
2
Yes
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? .............
4a
 
No
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
 
No
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ....................
5a
Yes
 
b
Any related organization? .......................
5b
Yes
 
If "Yes," on line 5a or 5b, describe in Part III.
6
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ..................
6a
Yes
 
b
Any related organization? ......................
6b
Yes
 
If "Yes," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
No
8
Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................
8
 
No
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2021

Schedule J (Form 990) 2021
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A) Name and Title (B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation in column (B) reported as deferred on prior Form 990
(i) Base
compensation 		(ii) Bonus & incentive
compensation 		(iii) Other reportable compensation
1Professor Louise Richardson
Vice-Chancellor 		(i)

(ii)		 530,613
-------------
0 		0
-------------
0 		6,714
-------------
0 		0
-------------
0 		0
-------------
0 		537,327
-------------
0 		0
-------------
0
2Professor Anne Trefethen
Pro Vice Chancellor 		(i)

(ii)		 200,732
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		200,732
-------------
0 		0
-------------
0
3Professor Gavin Screaton
Head of Medical Sciences Division 		(i)

(ii)		 381,760
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		381,760
-------------
0 		0
-------------
0
4Professor Sam Howison
Head of MPLS Division 		(i)

(ii)		 231,587
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		231,587
-------------
0 		0
-------------
0
5Mrs Gill Aitken
Registrar 		(i)

(ii)		 284,858
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		284,858
-------------
0 		0
-------------
0
6Professor David Gann
Pro Vice Chancellor 		(i)

(ii)		 337,399
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		337,399
-------------
0 		0
-------------
0
7Professor Martin Williams
Pro Vice Chancellor 		(i)

(ii)		 186,981
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		186,981
-------------
0 		0
-------------
0
8Professor Chas Bountra
Pro Vice Chancellor 		(i)

(ii)		 265,292
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		265,292
-------------
0 		0
-------------
0
9Dr David Prout
Pro Vice Chancellor 		(i)

(ii)		 284,858
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		284,858
-------------
0 		0
-------------
0
10Professor Patrick Grant
Pro Vice Chancellor 		(i)

(ii)		 191,519
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		191,519
-------------
0 		0
-------------
0
11Mr Richard Ovenden
Bodley's Librarian 		(i)

(ii)		 208,932
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		208,932
-------------
0 		0
-------------
0
12Nigel Portwood
Chief Executive OUP 		(i)

(ii)		 792,944
-------------
0 		240,000
-------------
0 		18,371
-------------
0 		0
-------------
0 		0
-------------
0 		1,051,315
-------------
0 		0
-------------
0
13Giles Spackman
Group Finance Director, OUP 		(i)

(ii)		 424,869
-------------
0 		149,657
-------------
0 		15,605
-------------
0 		41,085
-------------
0 		0
-------------
0 		631,216
-------------
0 		0
-------------
0
14Tim Fulton
Chief Transformation Officer, OUP 		(i)

(ii)		 520,462
-------------
0 		166,866
-------------
0 		14,436
-------------
0 		0
-------------
0 		0
-------------
0 		701,764
-------------
0 		0
-------------
0
15Fathima Dada
Managing Director - Education, OUP 		(i)

(ii)		 479,986
-------------
0 		146,618
-------------
0 		10,630
-------------
0 		47,806
-------------
0 		0
-------------
0 		685,040
-------------
0 		0
-------------
0
16Peter Marshall
Managing Director - ELT, OUP 		(i)

(ii)		 440,859
-------------
0 		136,417
-------------
0 		25,486
-------------
0 		0
-------------
0 		0
-------------
0 		602,762
-------------
0 		0
-------------
0
17David Clark
Managing Director - Academic, OUP 		(i)

(ii)		 384,837
-------------
0 		117,961
-------------
0 		13,706
-------------
0 		0
-------------
0 		0
-------------
0 		516,504
-------------
0 		0
-------------
0
18Lesley Sommerville
Director - HR, OUP 		(i)

(ii)		 303,263
-------------
0 		96,819
-------------
0 		14,437
-------------
0 		0
-------------
0 		0
-------------
0 		414,519
-------------
0 		0
-------------
0
Schedule J (Form 990) 2021

Schedule J (Form 990) 2021
Page 3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference Explanation
Schedule J, Part I, Line 1a The role of Vice-Chancellor is required to reside in a specified property whilst in post to enable the post holder to fulfil a number of duties. This living accommodation provided to the Vice-Chancellor gives rise to chargeable benefits. The Vice Chancellor also received private healthcare insurance, including a grossed up payment for the associated tax liability.
Schedule J, Part I, Line 5 Nigel Portwood, Giles Spackman, Tim Fulton, Fathima Dada, Peter Marshall, David Clark and Lesley Sommerville were paid bonuses dependent on achievement of OUP's Group and Divisional objectives, sales, surplus, and cash conversion.
Schedule J, Part I, Line 6 Nigel Portwood, Giles Spackman, Tim Fulton, Fathima Dada, Peter Marshall, David Clark and Lesley Sommerville were paid bonuses dependent on achievement of OUP's Group and Divisional objectives, sales, surplus, and cash conversion.
Schedule J (Form 990) 2021

Additional Data


Software ID: 21013178
Software Version: v1.00
SCHEDULE M
(Form 990)

Department of the Treasury
Internal Revenue Service
Noncash Contributions
Right pointing arrow large imageComplete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image Attach to Form 990.
Right pointing arrow large imageGo to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
CHANCELLOR MASTERS & SCHOLARS OF THE UNIVERSITY OF OXFORD
 
Employer identification number

98-6001062
Part I
Types of Property
(a)
Check if applicable 		(b)
Number of contributions or items contributed 		(c)
Noncash contribution amounts reported on
Form 990, Part VIII, line 1g 		(d)
Method of determining
noncash contribution amounts
1 Art—Works of art .... X 13 2,011,039 Appraisal
2 Art—Historical treasures .        
3 Art—Fractional interests ..        
4 Books and publications .. X 164,309 Appraisal
5 Clothing and household
goods ....... 		     
6 Cars and other vehicles ..        
7 Boats and planes ....        
8 Intellectual property ...        
9 Securities—Publicly traded .        
10 Securities—Closely held stock .        
11 Securities—Partnership, LLC,
or trust interests .... 		       
12 Securities—Miscellaneous ..        
13 Qualified conservation
contribution—Historic
structures ..... 		       
14 Qualified conservation
contribution—Other ... 		       
15 Real estate—Residential .        
16 Real estate—Commercial ..        
17 Real estate—Other ...        
18 Collectibles .....        
19 Food inventory ...        
20 Drugs and medical supplies .        
21 Taxidermy ......        
22 Historical artifacts ....        
23 Scientific specimens ..        
24 Archeological artifacts ... X 1 182,565 Appraisal
25 Other Right pointing arrow large image ( Robert Craft Igor Stranvinsky collection ) X 1 1,077,679 Appraisal
26 Other Right pointing arrow large image ( Collection of postcards by Henry William Taunt ) X 1 79,112 Appraisal
27 Other Right pointing arrow large image ( )
28 Other Right pointing arrow large image ( )
29
Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement
29
 
Yes
No
30a
During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that it must hold for at least three years from the date of the initial contribution, and which isn't required to be used for exempt purposes for the entire holding period? ...................
30a
 
No
b
If "Yes," describe the arrangement in Part II.
31
Does the organization have a gift acceptance policy that requires the review of any nonstandard contributions?
31
Yes
 
32a
Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash
contributions? ..........................
32a
 
No
b
If "Yes," describe in Part II.
33
If the organization didn't report an amount in column (c) for a type of property for which column (a) is checked,
describe in Part II.
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 51227J
Schedule M (Form 990) (2021)
Schedule M (Form 990) (2021)
Page 2
Part IISupplemental Information. Provide the information required by Part I, lines 30b, 32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.
Return Reference Explanation
Schedule M (Form 990) (2021)

Additional Data


Software ID: 21013178
Software Version: v1.00
SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
CHANCELLOR MASTERS & SCHOLARS OF THE UNIVERSITY OF OXFORD
 
Employer identification number

98-6001062
Return Reference Explanation
Form 990, Part V, Line 3b The University has requested an extension to the filing deadline for form 990-T.
Form 990, Part VI, Section A, Line 4 During the financial year 1 August 2021 to 31 July 2022, the University made the following changes to its statutes: Statute VII: The supervision of the Department of Continuing Education has been amplified to be via the Continuing Education Strategic Management Board; Statute X: Two degrees have been added to the list of additional degrees that shall be conferred: Master in Science in Experimental Pscyhology; Master in Science in Psychology, Philosophy and Linguistics; Schedule to the Statutes: Amendments have been made to Part 6 Montague Burton Professor of International Relations to state that the Professor will undertake research in as well as lecture in International Relations. Also, the membership of the Electoral Board has been changed to remove the expectation that another person would be appointed by Council in the event that the Vice-Chancellor was also Master of Balliol College. All changes to statutes require the approval of Congregation. Regulations are amended on a regular basis and are too numerous to list here.
Form 990, Part VI, Section A, Line 7a Congregation, the University's ultimate legislative body, is composed of virtually all academic staff and certain research support staff, administrators and librarians. Members of Congregation elect eleven members of Council and approve the appointment of the four external members of Council.
Form 990, Part VI, Section A, Line 7b Congregation has responsibility for considering major policy issues submitted to it by Council or members of Congregation; elects members to certain University bodies, including Council; and approves changes to the University's statutes and regulations, which define the University's governance structure.
Form 990, Part VI, Section B, Line 11b Once the University's financial statements have been signed off, a meeting is arranged with key finance/tax personnel to identify changes from the previous year's Form 990, identify changes in applicable law, agree methodology for gathering information and agree a timetable for completion and review of the Form 990. After information has been gathered, figures are prepared and reconciled to the financial statements. A review is done at this stage by key tax/finance staff to ensure accuracy and completeness. Prior to submission, a final review of the Form 990 is undertaken by key staff including the Head of Tax and the Group Tax Director on behalf of Council (the University's governing body).
Form 990, Part VI, Section B, Line 12c The University has a conflict of interest committee, the remit of which includes ensuring that there are appropriate systems in place to promote and monitor compliance with the University's policy on conflict of interest. Committee secretaries are asked to draw the conflict of interest policy to the attention of their members on an annual basis and to remind committee members at each meeting of the requirement to declare any conflicts or potential conflicts.
Form 990, Part VI, Section B, Line 15 The University has a committee to review the salaries of senior University officers. The committee includes three members who are external to the University, two members who are not employees of the University, and a member of the University whose role it is to uphold the University's statutes and policies throughout its governance and administration. This committee is responsible for setting and reviewing the remuneration of the Vice-Chancellor, Registrar, Pro-Vice-Chancellors, Heads of Division, and Director of Finance. The committee determines salaries on appointment and reviews remuneration biennially to ensure it remains appropriate. In setting senior remuneration packages the committee ensures fair (equitable), appropriate and justifiable levels of remuneration, taking account of: * the context in which the University operates and institutional performance within that context; * the remit and responsibilities of a role, and attributes required to undertake that role effectively; * the market rate in UK Universities for jobs of comparable scale and type. Benchmarking information is used and interpreted based on the scale, structure and ambition of the University. Where it is relevant the Committee may take account of evidence about the international market for comparable roles * factors in addition to the market rate which might lead to an adjustment to the salary, including: o the academic discipline of the individual; o their track record in academic and leadership roles; o internal relativities for jobs of comparable scale and type. The pattern of pay is checked against the relative size and complexity of the roles; and o retention and flight risk, where there is a clear and evidenced concern.
Form 990, Part VI, Section C, Line 19 The University's governing documents can be found on the University website at https://governance.admin.ox.ac.uk/legislation/statutes. Financial statements are also available at https://www.ox.ac.uk/about/organisation/finance-and-funding?wssl=1. The University's conflict of interest policy, along with other ethical policies can be found at https://researchsupport.admin.ox.ac.uk/governance/integrity.
Form 990, Part XI, Line 9 Net exchange rate gains (losses) - ($ 878,952,164) Movement on pension liability - ($ 260,927,823) Other changes in net assets - ($ 4,170,224)
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2021


Additional Data


Software ID: 21013178
Software Version: v1.00
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBulletAttach to Form 990.
MediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
CHANCELLOR MASTERS & SCHOLARS OF THE UNIVERSITY OF OXFORD
 
Employer identification number

98-6001062
Part I
Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income


 		(e)
End-of-year assets


 		(f)
Direct controlling
entity










Part II
Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section


 		(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled entity?
Yes No
(1)Oxford Univ Dev (NA) Inc
500 Fifth Avenue
32nd Floor
New York,NY10110
13-3497066 		Fundraising NY 501(c)(3) 9 N/A
 
No
(2)Oxford Endowment Fund
King Charles House
Park End Street
Oxford,OxfordshireOX1 1JG
UK
98-0680056 		Funds Management UK 501(c)(3) 11a The Chancellor Master & Scholars of the University of Oxford
 
Yes
 










For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2021
Schedule R (Form 990) 2021
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No
(1) Oxford University Clinic LLP

University Offices
Wellington Square
Oxford   OX1 2JD
UK
Investment UK OUC Investments Ltd
  		Excluded 0 39,470   No     No 50 %
(2) Warneford Park LLP

University Offices
Wellington Square
Oxford   OX1 2ET
UK
Project Development UK The Chancellor Master and Scholars of the University of Oxford
  		Related 0 88,551   No     No 50 %










Part IV
Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
 		(b)
Primary activity
 		(c)
Legal
domicile
(state or foreign
country)
 		(d)
Direct controlling
entity
 		(e)
Type of entity
(C corp, S corp,
or trust) 		(f)
Share of total income
 		(g)
Share of end-of-year
assets
 		(h)
Percentage
ownership
 		(i)
Section 512(b)(13) controlled entity?
Yes No
(1) Oxford University Innovation Limited

University Offices
Wellington Square
Oxford   OX1 2JD
UK
Research UK The Chancellor Master & Scholars of the University of Oxford
  		C 5,132,929 63,173,110 100 % Yes  
(2) Oxford University Innovation (Hong Kong) Limited

Level 12 Infinitus Plaza
199 Des Voeuz Road Central
Sheung Wang,Hong Kong  
HK
Research HK Oxford University Innovation Limited
  		C     100 % Yes  
(3) Oxford Limited

University Offices
Wellington Square
Oxford   OX1 2JD
UK
Retail UK The Chancellor Master & Scholars of the University of Oxford
  		C 0 437,222 100 % Yes  
(4) Oxford Mutual Limited

University Offices
Wellington Square
Oxford   OX1 2JD
UK
Insurance UK The Chancellor Master & Scholars of the University of Oxford
  		C 0 5,901,718 100 % Yes  
(5) Oxford Said Business School Limited

University Offices
Wellington Square
Oxford   OX1 2JD
UK
Education UK The Chancellor Master & Scholars of the University of Oxford
  		C 1,318,637 19,302,641 100 % Yes  
(6) Oxford University Endowment Management

King Charles House
Park End Street
Oxford   OX1 1JD
UK
Investment Management UK The Chancellor Master & Scholars of the University of Oxford
  		C 4,785,637 60,263,489 100 % Yes  
(7) Oxford University Fixed Assets Limited

University Offices
Wellington Square
Oxford   OX1 2JD
UK
Management UK The Chancellor Master & Scholars of the University of Oxford
  		C 520,898 10,968,627 100 % Yes  
(8) Oxford University Trading Limited

University Offices
Wellington Square
Oxford   OX1 2JD
UK
Retail UK The Chancellor Master & Scholars of the University of Oxford
  		C 0   100 % Yes  
(9) Gray Laboratory Cancer Research Trust
Gray Laboratory Cancer Trust
University Offices
Wellington Square
Oxford   OX1 2JD
UK
Research UK The Chancellor Master & Scholars of the University of Oxford
  		T 0 0 100 % Yes  
(10) University of Oxford China Office

Suite 4018 Cosco Tower
181-183 Queens Road
HK
Fundraising HK The Chancellor Master & Scholars of the University of Oxford
  		C     100 % Yes  
(11) Voltaire Foundation

99 Banbury Road
Oxford   OX2 6JX
UK
Publishing UK The Chancellor Master & Scholars of the University of Oxford
  		C 0 0 100 % Yes  
(12) Oxford Advanced Research Centres Limited

University Offices
Wellington Square
Oxford   OX1 2JD
UK
Management UK The Chancellor Master & Scholars of the University of Oxford
  		C 0 121,710 100 % Yes  
(13) Oxford Research South Africa Limited

University Offices
Wellington Square
Oxford   OX1 2JD
UK
Management UK The Chancellor Master & Scholars of the University of Oxford
  		C 1,869 125,286 100 % Yes  
(14) OUC Investments Limited

University Offices
Wellington Square
Oxford   OX1 2JD
UK
Management UK The Chancellor Master and Scholars of the University of Oxford
  		C 0 24,342 100 % Yes  
(15) TOF Corporate Trustee Limited

27 Park End Street
Oxford   OX1 1HU
UK
Corporate Trustee UK Oxford University Endowment Management
  		C 0 139,265 100 % Yes  
(16) Endowment Estates Limited

7 Albemarle Street
London   W1S 4HQ
UK
Investment company UK TOF Corporate Trustee Limited
  		C 0 10,753,369 100 % Yes  
(17) Ecosystem Capital Limited

27 Park End Street
Oxford   OX1 1HU
UK
Investment Company UK TOF Corporate Trustee Limited
  		C 0 561,306 100 % Yes  
(18) Oxford University (Suzhou) Science & Tehnology Co Ltd

388 Ruo Shui Road
Suzhou Industrial Park
Jiangsu   215123
CH
Research Activities CH Oxford Advanced Research Centres Ltd
  		C     100 % Yes  
(19) Oxford in Berlin

co Charite Intl Cooperation
Chariteplatz 1
Berlin   10117
GM
Management GM The Chancellors Master & Scholars of the University of Oxford
  		T 95,254 249,303 100 % Yes  
(20) James Martin 21st Century (UK) Trust

University Offices
Wellington Square
Oxford   OX1 2JD
UK
Trust UK N/A
 T     100 %   No
(21) OELT Ltd

Great Clarendon Street
Oxford   OX2 6DP
UK
Publishing UK The Chancellor Master & Scholars of the University of Oxford
  		C 0 7,804,293 100 % Yes  
(22) Oxford Publishing Limited

Great Clarendon Street
Oxford   OX2 6DP
UK
Publishing UK The Chancellor Master & Scholars of the University of Oxford
  		C 8,681,574 70,603,621 100 % Yes  
(23) Oxford Reference Limited

Great Clarendon Street
Oxford   OX2 6DP
UK
Sale of online advertising UK The Chancellor Master & Scholars of the University of Oxford
  		C 353,227 1,065,300 100 % Yes  
(24) Oxford Information Limited

Great Clarendon Street
Oxford   OX26DP
UK
Publishing UK The Chancellor Master & Scholars of the University of Oxford
  		C 1,360 32,650 100 % Yes  
(25) Oxuniprint Limited

Great Clarendon Street
Oxford   OX2 6DP
UK
Publishing UK The Chancellor Master & Scholars of the University of Oxford
  		C 0 0 100 % Yes  
(26) Oxford University Press Espana SA

Parque Empresarial San Fernando
Edificio Atenas Esc A Planta 1a
Madrid   28830
SP
Publishing SP Oxford Publishing Ltd
  		C 2,334,429 38,050,465 100 % Yes  
(27) Oxford University Press Kabushiki Kaisha

Tamachi Place 3F
4-17-5 Shiba
Tokyo   108-8386
JA
Publishing JA The Chancellor Master & Scholars of the University of Oxford
  		C 362,182 9,272,896 100 % Yes  
(28) Oxford University Press (China) Ltd

39th Floor One Kowloon
No 1 Wang Yuen Street
Hong Kong    
HK
Publishing HK The Chancellor Master & Scholars of the University of Oxford
  		C 3,542,173 30,512,820 100 % Yes  
(29) Oxford University Press (Shanghai) Ltd

Rm 1201-1202 No 1305 Li Tong Plaza
North Si Chuan Road
Shanghai   200080
CH
Publishing CH OUP (China) Limited
  		C 1,099,192 9,763,733 100 % Yes  
(30) Oxford University Press GmbH

Markgraflerstrasse 2
Stuttgart   70329
GM
Publishing GM Oxford Publishing Ltd
  		C 0 317,942 100 % Yes  
(31) Oxford University Press Mexico SA de CV

Citi Center Piso 11 Insurgentes Sur
Esquina Hermes y Mosqueta
Mexico City   03940
MX
Publishing MX Oxford Publishing Limited
  		C 0 9,377,012 100 % Yes  
(32) Oxford University Press do Brasil Pub Lta

Av Jaguare 818 Galpoes 30/31
cep 05346 000
Sao Paulo    
BR
Publishing BR Oxford Publishing Limited
  		C 22,131 10,799,194 100 % Yes  
(33) Oxford University Press East Africa Limited

Upper Hill Elgon Road
PO Box 72532-00100
Nairobi    
KE
Publishing KE Oxford Publishing Limited
  		C 0 10,157,168 100 % Yes  
(34) Oxford University Press Tanzania Limited

Plot 149 Mikocheni B
Old Bagamoyo Road
Dar Es Salaam    
TZ
Publishing TZ The Chancellor Master & Scholars of the University of Oxford
  		C 0 672,624 100 % Yes  
(35) Oxford University Press Southern Africa Pty Ltd

Vasco Boulevard
N1 City Goodwood
Cape Town   7460
SF
Publishing SF The Chancellor Master & Scholars of the University of Oxford
  		C 694,376 15,862,692 100 % Yes  
(36) OUP Properties SA Pty Ltd

Vasco Boulevard
N1 City Goodwood
Cape Town   7460
SF
Publishing SF The Chancellor Master & Scholars of the University of Oxford
  		C 0 67,777,576 100 % Yes  
(37) Oxford Yayincilik Ltd Sirketi

Degirman Sok Nida Kule No 18 K 16
Kozyatagi Kadikoy
Istanbul    
TU
Publishing TU Oxford Publishing Limited
  		C 1,198,875 3,379,852 100 % Yes  
(38) Oxford Fajar Sdn Berhad

4 Jalan Pemaju Seksyen U1
Hicom-Glenmarie Industrial Park
Shah Alam,Selangor Darul Eh40150
MY
Publishing MY OELT Ltd
  		C 1,199,490 944,106 100 % Yes  
(39) Dentingan Kejayaan Sdn Bhd

4 Jalan Pemaju
Hicom-Glenmarie Industrial Park
Shah Alam,Selangor Darul Eh40150
MY
Publishing MY The Chancellor Master & Scholars of the University of Oxford
  		C 0 1,275,845 100 % Yes  
(40) Epigeum Ltd

Great Clarendon Street
Oxford   OX2 6DP
UK
Publishing UK The Chancellor Master and Scholars of the University of Oxford
  		C 0 0 100 % Yes  
(41) Oxford University Press (Singapore) PTE Limited

51 Goldhill Plaza
16-01
Novena   308900
SN
Publishing SN Oxford Fajar Sdn Berhad
  		C 653 311,483 100 % Yes  
(42) Oxford University Press Argentina SA

Edificio Central Park
California 2082 Piso 3 Oficina
Buenos Aires   C1289ANN
AR
Publishing AR Oxford Publishing Ltd
  		C 690,044 4,781,930 100 % Yes  
Schedule R (Form 990) 2021
Schedule R (Form 990) 2021
Page 3
Part V
Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................
1a
Yes
 
b Gift, grant, or capital contribution to related organization(s) ............................
1b
Yes
 
c Gift, grant, or capital contribution from related organization(s) ............................
1c
Yes
 
d Loans or loan guarantees to or for related organization(s) ............................
1d
Yes
 
e Loans or loan guarantees by related organization(s) ............................
1e
 
No
f Dividends from related organization(s) ............................
1f
 
No
g Sale of assets to related organization(s) ............................
1g
Yes
 
h Purchase of assets from related organization(s) ............................
1h
 
No
i Exchange of assets with related organization(s) ............................
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) .......................
1j
Yes
 
k Lease of facilities, equipment, or other assets from related organization(s) ......................
1k
 
No
l Performance of services or membership or fundraising solicitations for related organization(s) .....................
1l
Yes
 
m Performance of services or membership or fundraising solicitations by related organization(s) .................
1m
Yes
 
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................
1n
 
No
o Sharing of paid employees with related organization(s) ............................
1o
Yes
 
p Reimbursement paid to related organization(s) for expenses ............................
1p
Yes
 
q Reimbursement paid by related organization(s) for expenses ............................
1q
Yes
 
r Other transfer of cash or property to related organization(s) ............................
1r
 
No
s Other transfer of cash or property from related organization(s) ............................
1s
 
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization 		(b)
Transaction
type (a-s) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) Oxford Univ Dev (NA) Inc

 b 4,233,451  





Schedule R (Form 990) 2021
Schedule R (Form 990) 2021
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)

(e)
Are all partners
section
501(c)(3)
organizations? 		(f)
Share of total income




 		(g)
Share of
end-of-year
assets 		(h)
Disproprtionate allocations? 		(i)
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065) 		(j)
General or
managing
partner? 		(k)
Percentage
ownership
Yes No Yes No Yes No






























Schedule R (Form 990) 2021
Schedule R (Form 990) 2021
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R. See instructions.
Return Reference Explanation
Schedule R (Form 990) 2021

Additional Data


Software ID: 21013178
Software Version: v1.00