Gates Cambridge Tr
- Assets
- $376.8m
- Revenue
- $13.7m
- Investments
- $2.9m
- Employees
- 7
- Location
- Founding
- 05/2001
- Data as of
- 07/2020
- EIN
- 98-0335263
Organization Overview
Gates Cambridge Tr, operating under the name Gates Cambridge Scholarships, is located in null. The organization was established in 2001. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 07/2021, Gates Cambridge Scholarships employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gates Cambridge Scholarships is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2020, Gates Cambridge Scholarships generated $13.7m in total revenue. All expenses for the organization totaled $12.5m during the year ending 07/2020. While expenses have increased by 313.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
INTERNATIONAL SCHOLARSHIP PROGRAMME TO ENABLE OUTSTANDING STUDENTS FROM OUTSIDE THE UK TO STUDY AT THE UNIVERSITY OF CAMBRIDGE FUNDED BY THE BILL AND MELINDA GATES FDN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PAYMENT OF SCHOLARSHIPS AND ASSOCIATED UNIVERSITY COMPOSITION FEES TO THOSE SELECTED AS GATES CAMBRIGE SCHOLARS.
EXPENSES ASSOCIATED WITH EVENTS PUT ON BY THE TRUST FOR SCHOLARS AND FOR EVENTS RUN BY THE GATES CAMBRIDGE SCHOLAR'S SOCIETY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Jade Tran Director Of Finance | Officer | 35 | $126,233 |
Mr Jim Smith Employee | 35 | $118,906 | |
Professor Barry Everitt Provost | Officer | 17.5 | $96,770 |
Dr Regina Sachers Secretary | Officer | 0 | $0 |
Professor Mary Sue Coleman Trustee | Trustee | 0 | $0 |
Ms Amy Carter Trustee | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $13,716,000 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,716,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $11,444,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $210,000 |
| Compensation of current officers, directors, key employees. | $210,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $317,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,000 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,000 |
| Fees for services: Accounting | $10,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $21,000 |
| Office expenses | $54,000 |
| Information technology | $55,000 |
| Royalties | $0 |
| Occupancy | $76,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,000 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $12,473,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,914,000 |
| Savings and temporary cash investments | $8,267,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,298,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $361,441,000 |
| Investments—other securities | $2,871,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $376,791,000 |
| Accounts payable and accrued expenses | $14,518,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $14,518,000 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $362,273,000 |
| Total liabilities and net assets/fund balances | $376,791,000 |
Endowment Analysis
| Beg. Balance | $362,274,000 |
| Earnings | $114,432,000 |
| Admin Expense | $678,000 |
| Other Expense | $19,000 |
| Grants | $12,296,000 |
| Ending Balance | $463,713,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arab Fund For Economic And Social Development | $13,316,207,638 | $432,470,193 |
Gates Cambridge Tr | $376,791,000 | $13,716,000 |
Kishorit | $24,788,986 | $10,952,042 |
Great Pacific Foundation | $28,274,413 | $7,698,415 |
International Union Of Crystallography | $6,060,872 | $3,818,147 |
Rights Practice Us Inc | $201,590 | $324,213 |