Keble’s endowment is modest by Oxford standards, so we’re grateful for the opportunity to benefit from the economies of scale that OUem offers. Endowments differ from other funds in that the focus is on maximising total return over the long term. Given the strength of OUem’s investment team and its advisory board, we’re happy to leave them to look after our money whilst we concentrate on running the College.
Keble is determined to build its endowment, the income from which covers roughly 10% of expenditure. 41% of it funds ‘deep’ maintenance of the buildings, 37% funds academic posts, 17% is applied to scholarships and bursaries and 5% supports College parishes.