Goodenough College Annual Review 2014/15

16
Annual Review 2014/15

description

Goodenough College has published its 2014/15 Annual Review, a year which marked the successful completion of the College’s extensive refurbishment programme. It details the College’s success in the 2015 National Student Housing Survey and the CASE Circle of Excellence Awards, as well as the rich and diverse range of events held throughout the year. These ranged from Port Talks from the US Ambassador to the annual TEDxGoodenoughCollege; and performances of the highly acclaimed original comic opera, Too Hot To Handel, written and performed by College Members. Director Andrew Ritchie writes “One of the distinguishing features of the College is our ongoing commitment to developing a vigorous and engaged community. Each year, our Members bring their passion for their individual subject, as well as their perspective as world travellers…It is continually fascinating to see how the quest for common ground of finding similarity in diversity, is interpreted so creatively at Goodenough”.

Transcript of Goodenough College Annual Review 2014/15

Page 1: Goodenough College Annual Review 2014/15

Annual Review 2014/15

Page 2: Goodenough College Annual Review 2014/15

Disciplines studied by Members in 2014/15

Medical & Natural Sciences

Arts & Humanities

Political & Social Sciences

Law

Business

Degree type studied by Members in 2014/15

Masters

PhD

Lawqualification

Fellowship / Post Doctoral

Postgraduate Diploma

Other

Members by institution of study in 2014/15*

Over 700 Members and their families from more than 80 countries

Our students

Country of origin with ten or more College Members in 2014/15

*Members were enrolled in over 50 further Higher Education Institutions.

Country of origin with fewer than ten College Members in 2014/15

University College London

Kings College London

London School of Hygiene & Tropical Medicine

School of Oriental & African Studies

45 90 135

London School of Economics

Page 3: Goodenough College Annual Review 2014/15

c

Goodenough College Annual Review 2014/15

London continues to offer cutting-edge involvement with the most challenging issues of our times, drawing together the most brilliant minds in law, in medicine, in the arts and in the sciences. By providing a London home for exceptional postgraduate students, Goodenough College has aspired in its own way to mirror this focus, creating a worldwide academic community based on mutual understanding and respect, dedicated to fostering leadership, global citizenship and social responsibility.

This ethos resonates as strongly today as it did at our foundation. Through the major developments of recent years, our commitment has been to sustain the unique environment we offer at Goodenough.

ContentsForeword from the Chairman 2

Fit for purpose 2

Director’s Report 4

Moving forward with confidence 4

A global community with a shared focus 5

Sustaining the bonds that define us 6

Connecting with the wider world 8

London House Report 10

Pride of Place: a transformation completed 10

Financial Report 12

Planning for sustainability 12

Sustaining the Goodenough experience

Page 4: Goodenough College Annual Review 2014/15

Fit for purpose

Welcome to the Goodenough College Annual Review 2014/15. It is especially exciting to be able to present you with an overview of what I am sure will be remembered as a milestone year for the College.

September 2014 marked the conclusion of a vital strategic phase in the refurbishment of the College. In fact, we have achieved a great deal more than a refurbishment. Both William Goodenough House and London House are now far better equipped than they ever were before to meet the requirements and expectations of high-achieving international postgraduates today and in the years ahead. Above all, we have a renewed sense of pride in a unique institution.

The Goodenough culture of participation contributes to the development of gifted people, among them many who will go on to become pre-eminentintheirfields.Thisisatthe heart of our purpose. We greatly appreciate the generosity of all those who have helped enable our College tofulfilthisvision.

Jonathan Hirst QCChairman of the Board

Jonathan Hirst QC Chairman of the Board

“ Both William Goodenough House and London House are now far better equipped than they ever were before to meet the requirements and expectations of high-achieving international postgraduates.”

L: London House Reception.

R: Members sharing a meal together in London House.

Foreword

ALp

ho

togr

aph

y.n

et

2

Goodenough College Annual Review 2014/15

Page 5: Goodenough College Annual Review 2014/15

Amaka Ezuruike with her husband Chinedu and children Chinwendu and Chinonso

From Nigeria

PhD in Pharmaceutical Sciences, UCL School of Pharmacy

I came to London with my husband to study for my PhD in 2010 and have been lucky enough to be a Member of Goodenough throughout my studies at UCL. In fact, both our children were born here. I feel very fortunate because if it wasn’t for the support of Members of the College, it would have been difficultformetojugglehavingkidsandworkingonmyPhD.Asparents,weenjoyed the Parents Club outings and the informal pot luck meals together with friends. Being part of an academic community made a big difference too. The Port Talks from distinguished speakers are exceptional, and I found the 3 Minute PhD & Masters Talk Fest absolutely fascinating. It has been marvellous to see how the recent renovations have transformed the College. As well as enhancing the aesthetic appearance of the buildings, I very much appreciated the effort put in to improving accessibility for wheelchair users and buggies.

WearenowstartinganewstageinourlivesaswemovetoSheffieldwhere I am taking up a post as a research scientist. I can’t thank the College enough for all they have done for us. And for new arrivals, my advice is just step out of your room and get involved. An incredible experience at Goodenough awaits you.

Ow

en R

ich

ard

s

3

Page 6: Goodenough College Annual Review 2014/15

Director’s report

Andrew Ritchie CBE Director

Moving forward with confidence

For our new arrivals in October 2014 it was, of course, the start of an adventure. Settling into their newly refurbished rooms not only gavethemtheconfidencethat they’d chosen well, but meeting other Members made it clear that Goodenough was going to be a springboard to a new phase of their academic lives. Returning Members have been delighted to findLondonHouselookingbetterthan ever, and fully able to provide for today’s postgraduates.

The refurbishment shows the depth of our appreciation for both the College’s heritage and for its continued vitality as an academic community.

And to go with a rejuvenated College, you’ll notice changes to our Goodenough logo and branding which, like the refurbishment itself, combines history, distinctiveness and modernity.

I am delighted to say that Goodenough has once again been recognised in the National Student Housing Survey Awards. As 2015 winners of the Best Specialist Accommodation and the International Accommodation Quality Mark (retained for the third year running), we aim to build on our achievements in the year ahead.

The London House Quad.

“ The refurbishment shows the depth of our appreciation for both the College’s heritage and for its continued vitality as an academic community.”

ALp

ho

togr

aph

y.n

et

CI R

CL E O F E X C E L L E

NC

E

AW

A R D S P R O G R

AM

CIR

CLE OF EXCELLEN

CE

AW

ARDS PROGRA

M

CASESILVER

2014

CIR

CLE OF EXCELLEN

CE

A

WARDS PROGRAM

CASESILVER

2014

#1 - fewer teeth and type in circle smaller, moved in from outlines.

This is Avenir. (first logo is what was in previous

pdf - just for comparison)

CIR

CLE OF EXCELLEN

CE

AW

A R D S P R O G R AM

CASECIR

CLE

OF EXCELLEN

CE

AW

A R D S P R O G RAM

CASE

CIR

CLE

OF EXCELLEN

CE

AW

A R D S P R O G RAM

#3 - Circle text is spaced out closer to style of original logo. first logo is all Avenir, second logo is Stone

Serif Semi and MetaPlus medium. Third logo is Meta-Book in circle and MetaMedium in

center.

CASE

#4 - first two logos from #3 with circle type treated similar

to original COE logo

Meta Bold in 2 & 3 center

CASE CIR

CLE OF EXCELLE

NC

E

AW

A R D S P R O G R AM

CASE

lines 40% shape 25%

CIR

CLE OF EXCELLE

NC

E

AW

A R D S P R O G R AM

CASE

lines 30% shape 15%lines 80% shape 60%

CIR

CLE OF EXCELLEN

CE

A

WARDS PROGRAM

CASESILVER

2014

lines 15% shape 30%

#2 - Taken apart. shows

globe and line options in gray -- #4 does this as well. thicker globe line on 2

& 3. fewer teeth on 3

CIR

CLE OF EXCELLEN

CE

AW

ARDS PROGRAM

CASE

white lines shape 20%

CIR

CLE OF EXCELLEN

CE

AW

ARDS PROGRAM

CASE

white lines shape 20%

CI R

CL E O F E X C E

AW

A R D S P R O

CIR

CLE OF EXCELLENC

E

AW

ARDS PROGRAM

CASESILVER

2014

CIR

CLE OF EXCELLEN

CE

A

WARDS PROGRAM

CASESILVER

2014C

IRC

LE OF EXCELLENC

E

AW

A R D S P R O G R AM

CASECIR

CLE

OF EXCELLEN

CE

AW

A R D S P R O G RAM

CASE

CIR

CLE

OF EXCELLEN

CE

AW

A R D S P R O G RAM

CASE

CASE CIR

CLE OF EXCELLE

NC

E

AW

A R D S P R O G R AM

CASE

lines 40% shape 25%

CIR

CLE OF EXC

AW

A R D S P R O

CAS

lines 30% shape 15%lines 80% shape 60%

CIR

CLE OF EXCELLEN

CE

A

WARDS PROGRAM

CASESILVER

2014

lines 15% shape 30%

CIR

CLE OF EXCELLEN

CE

AW

ARDS PROGRAM

CASE

white lines shape 20%

CIR

CLE OF EXC

AW

ARDS PR

CAS

white lines shape 20%

CIRCLE OF EXCELLENCE

CASE

CIRCLE OF EXCELLENCE

CIR

CLE OF EXCELLEN

CE

CASECASE

CASE

XCELLENCE

CASE

CIRCLE OF EXCELLENCE

CIR

CLE OF EXCELLEN

CE

CASECASE

CASESILVER GOLD

WINNER WINNER

CI R

CL E O F E X C E L L E

NC

E

AW

A R D S P R O G R

AM

CIR

CLE OF EXCELLEN

CE

AW

A R D S P R O G R AM

CASECIR

CLE

OF EXCELLEN

CE

AW

A R D S P R O G RAM

CASE

CIR

CLE

OF EXCELLEN

CE

AW

A R D S P R O G RAM

#3 - Circle text is spaced out closer to style of original logo. first logo is all Avenir, second logo is Stone

Serif Semi and MetaPlus medium. Third logo is Meta-Book in circle and MetaMedium in

center.

CASE

#4 - first two logos from #3 with circle type treated similar

to original COE logo

Meta Bold in 2 & 3 center

CASE CIR

CLE OF EXCELLE

NC

E

AW

A R D S P R O G R AM

CASE

lines 40% shape 25%

CIR

CLE OF EXCELLE

NC

E

AW

A R D S P R O G R AM

CASE

lines 30% shape 15%lines 80% shape 60%

CIR

CLE OF EXCELLEN

CE

A

WARDS PROGRAM

CASESILVER

2014

lines 15% shape 30%

#2 - Taken apart. shows

globe and line options in gray -- #4 does this as well. thicker globe line on 2

& 3. fewer teeth on 3

CIR

CLE OF XCELLEN

CE

AW

ARDS PROGRAM

CASE

white lines shape 20%C

IRCL

E OF XCELLENC

E

AW

ARDS PROGRAM

CASE

white lines shape 20%

CI R

CL E O F E X C E L

AW

A R D S P R O G

CIR

CLE OF EXCELLEN

CE

AW

A R D S P R O G R AM

CASECIR

CLE

OF EXCELLEN

CE

AW

A R D S P R O G RAM

CASE

CIR

CLE

OF EXCELLEN

CE

AW

A R D S P R O G RAM

CASE

CASE CIR

CLE OF EXCELLE

NC

E

AW

A R D S P R O G R AM

CASE

lines 40% shape 25%

CIR

CLE OF EXCE

AW

A R D S P R O G

CASE

lines 30% shape 15%lines 80% shape 60%

CIR

CLE OF EXCELLEN

CE

A

WARDS PROGRAM

CASESILVER

2014

lines 15% shape 30%

CIR

CLE OF XCELLEN

CE

AW

ARDS PROGRAM

CASE

white lines shape 20%

CIR

CLE OF XCE

AW

ARDS PRO

CAS

white lines shape 20%

CIRCLE OF EXCELLENCE

AWARDS PROGRAM

CASE

CIRCLE OF EXCELLENCE

AWARDS PROGRAM

CIR

CLE OF EXCELLEN

CE

AW

ARDS PROGRAM

Myriad semi Avenir heavyMetaPlus medium

CASECIR

CL E OF E X CE L L E N

CE

A

M

CASE

CIR

CLE OF EXC ELLENC

E

M

CIR

CLE OF EXCELLEN

CE

A

M

CASESILVER

2014

CASECASE

CASE

CELLENCE

OGRAM

CASE

CIRCLE OF EXCELLENCE

AWARDS PROGRAM

CIR

CLE OF EXCELLEN

CE

AW

ARDS PROGRAM

Myriad semi Avenir heavyMetaPlus medium

CASE

CE L L E NC

E

M

CASE

CIR

CLE OF EXC ELLENC

E

M

CIR

CLE OF EXCELLEN

CE

A

M

CASESILVER

2014

CASECASE

CASE

CIR

CLE OF E

AW

A R D S P

CACIR

CLE

OF EXCELLENC

E

AW

A R D S P R O G RAM

CASEC

IRC

LE O

F EXCELLENC

E

AW

A R D S P R O G RAM

CASE CIR

CLE OF E

AW

A R D S

CA

lines 40% shape 25%lines 80% shape 60%

CIR

CLE OF EXCELLEN

CE

A

WARDS PROGRAM

CASESILVER

2014

lines 15% shape 30%

CIR

CLE OF

AW

ARDS

CA

white lines shape 20%

CIRCLE OF EXCELLENCE

AWARDS PROGRAM

CASE

CIRCLE OF EXCELLENCE

AWARDS PROGRAM

Myriad semi MetaPlus medium

CASECIR

CL E OF E X CE L L E N

CE

A

M

CASE

CIR

CLE OF EXC ELLENC

E

M

CASE

CASESILVER

GRAND GOLD BRONZE

WINNER WINNER WINNER

COE14_REVISED STICKER.indd 4 7/11/2014 6:32:18 PM

QUALITY MARKINTERNATIONAL

ACCOMMODATION

2015 BESTSPECIALIST

ACCOMMODATION

4

Goodenough College Annual Review 2014/15

Page 7: Goodenough College Annual Review 2014/15

A global community with a shared focus

One of the distinguishing features of the College is our ongoing commitment to developing a vigorous and engaged community. Each year, our Members bring their passion for their individual subject, as well as their perspective as world travellers. With Port Talks from the US Ambassador, the Canadian High Commissioner, the Mexican Ambassador and from the Vice-Chancellor of the University of Cambridge – on the subject of ‘Leading a Global University’ – our worldwide view was well addressed.

Lively discussion is guaranteed at College gatherings, not least at the annual TEDxGoodenoughCollege. Once again, in an extraordinarily eclectic range of topics – from ‘Young Women and Political Engagement’, to ‘Creativity and Engineering’, and ‘Cancer Evolution’ – the underlying dynamic was in findinglinksandinterconnectionsthat illuminate our understanding of ourselves and our universe.

It is continually fascinating to see how the quest for common ground, offindingsimilarityindiversity,is

interpreted so creatively at Goodenough. It is present in our Cultural Weeks when the College is alive to the sounds, tastes, fashions and contemporary issues of Members’ countries from around the world

It was also very much evidenced by an original comic opera ‘Too Hot To Handel’, directed by College Member Emma Rivlin (WGH 14-15), supported by College Members in the chorus. Hailed as a 4-star success by The Times newspaper, the opera marvellously combined the music of Handel with a modern-day love story.

The creativity of another of our Members, Leo Jimenez (WGH 13-14), was recognised in the international 2015 CASE Circle of Excellence Awards. ‘I am Goodenough – Meet Huey’ won Gold in the Best Short Recruitment Video category. The ‘I amGoodenough’videoswerethefirstof their kind and made in collaboration with members of staff to give prospective new Members a flavouroftheCollege.Winningsuchaprestigiousawardverymuchreflectsthe creativity inspired by the shared focus of our global community.

Director’s reportcontinued

L: Members discussing issues at a Port Talk in the Churchill Room, London House.

R: Sport plays an important part in College life.

“ It is continually fascinating to see how the quest for common ground, of finding similarity in diversity, is interpreted so creatively at Goodenough.”

5

Goodenough College Annual Review 2014/15

Page 8: Goodenough College Annual Review 2014/15

Goodenough College Annual Review 2014/15

Director’s reportcontinued

Sustaining the bonds that define us

The bond we have with brilliant postgraduates continues to develop through our commitment to investing in scholarships and bursaries. In this we are enormously grateful to Goodenough’s generous supporters. For example, in March 2015 applicationsopenedforthefirstGoodenough Education Scholarship. The new scholarship will assist a student undertaking either a Masters or Doctoral studies in Education while living at the College.

In recognition of the contribution Goodenough makes to talented Canadian postgraduates continuing their studies in London, the Jackman Foundation has awarded CAD$100,000 to the London Goodenough Association of Canada (LGAC) to endow a Jackman Scholarship for the next 15 years and beyond. Canadian students are great contributors to the life of the College and we look forward towelcomingthefirstJackmanScholar in 2015/16.

Now the refurbishment is complete, our task is to ensure that we maintain our facilities at the highest standards. A matched funding pledge of CAD$400,000 from the Molson Foundation has initiated The Molson Challenge which aims to raise a further CAD$400,000 from Canadian Alumni and friends. These funds will be put towards the continued upkeep of our facilities. Approaching 50% of the Challenge target has already been achieved thanks to the generosity of our donors.

Our well-established Faculty Dinners reflecttheimportanceweattachtodeveloping ongoing relationships with London’s academic community and its leading professionals. In evenings dedicated to different disciplines, Members can invite their tutors or supervisors as dinner guests. These formal gatherings introduce new visitors to the ambiance of the College and provide opportunities for Members to discuss subjects of interest with senior figuresintheirfields.

“ We are enormously grateful to Goodenough’s generous supporters.”

L: (From left): Evan Thomas (LH 02-03), LGAC Chair; Andrew Molson (LH 01-02); Sir William Goodenough, College Governor; Paul Zed (LH 80-81), LGAC Director and Andrew Ritchie at the Molson Challenge Reception, Toronto, Canada.

R: Members and guests at the Arts Faculty Dinner in the Great Hall.

Joh

n H

ryn

iuk

6

Page 9: Goodenough College Annual Review 2014/15

Professor Jacqueline Ross MMus

Guildhall School of Music and Drama London, UK

For academics like myself, Faculty Dinners at Goodenough College are always special occasions. I’ve been lucky enough to attend several as the guest of Members of the College who have been my postgraduate students. As well as enjoying the splendid collegiate atmosphereoftheGreatHall,theterrificfoodand conversation, the Dinners have given me a real insight into what makes Goodenough so special.

You at once appreciate the international mix of students who are unfailingly polite, welcoming and buoyant. In the company of tutors and mentors,studentsconfidentlyexploreissuesandtopicsastheyflowaroundthetable.AsMembers, they show a real sense of belonging – this is very much their College, in which they take great pride. Sharing and contributing to the Goodenough ethos comes naturally because it’s strongly in evidence all around them. The Faculty Dinners themselves show the lively academic commitment of the College in action. Above all, Goodenough provides opportunities to engage with your College peers. For music students this means taking advantage of rehearsal space (and a grand piano), the encouragement to give recitals, and to form ensembles with other musicians at the College. Goodenough leads by example. That’s what makes the relationships it develops over the years so meaningful.

7

Page 10: Goodenough College Annual Review 2014/15

Goodenough College Annual Review 2014/15

Connecting with the wider world

At Goodenough we cherish our longstanding connections with the Commonwealth and are proud that annually 50% of our Members come from Commonwealth countries.

We were delighted, therefore, to have been selected to accommodate around 60 outstanding young people who were the winners of The Queen’s Young Leaders programme. These awards recognise and celebrate exceptional people aged 18 to 29 from across the Commonwealth who are working to improve their communities locally, regionally or at a national level. In addition to the year-long mentoring and online learning aspect of the programme, the award winners were presented their awards by Her Majesty The Queen at Buckingham Palace.

Alsoprovidingavenueforsignificantinternational gatherings and academic conferences, The Burn emerged in 2014/15 from its own major refurbishment programme with a new lease of life.

Owned by the College, and situated amidst beautiful surroundings on the eastern edge of the Cairngorms National Park in Scotland, The Burn has provided a haven for students from around the world for over 65 years. Here, they can put everyday routine aside for a few days in order to enjoy a deeper focus on their studies.

The Burn plays a key role in bringing togetherhighlyqualifiedexpertsinmany disciplines, providing a tranquil environment in which to exchange views, ideas and insights. This has proved to be a winning formula and the major refurbishment now puts The Burn at the forefront of exceptional venues for academic retreats, conferences, and holidays.

As we look ahead to the next academic year 2015/16, deepening and extending our connections with the wider world are very much a priority. Our starting point is always to develop new practical ways to add tangible value to every Member’s time in London. To this we are also seeing how the College and its Members can better contribute to the local community of which we are a part. With a global perspective, we are actively extending our links with students from the Commonwealth. I look forward to reporting in greater detail on these initiatives in next year’s Annual Review.

Andrew Ritchie CBEDirector

“ The Queen, as your Patron, has asked me to write and thank you and the team at Goodenough College for all the support you have given to The Queen’s Young Leaders programme. The young leaders, from all over the Commonwealth, very much enjoyed their stay at Goodenough last month and were made to feel welcome and comfortable at all times.”

Excerpt of a letter from Buckingham Palace, 30th July 2015

Director’s reportcontinued

The Burn.

8

Page 11: Goodenough College Annual Review 2014/15

Wilhelm v. Rosenberg From Germany

PhD in Electrical and Electronic Engineering at Imperial College London and Chair of the Goodenough Members’ Council 2015/16

Coming from different cultures and specialising in so many different subjects, the relationships that Members develop here are unique. At Goodenough, the boundaries between countries and cultures disappear. It becomes normal that you see things from totally different angles, because we all have very different backgrounds. Taking part in College life also gives you a welcome break from your studies. And if your course gets stressful, College Members and staff are there to support you.

Luckily this relationship between Members was not affected by the temporary closures of London House and William Goodenough House. For example, I have especially enjoyed being on the Goodenough Members’ Council. Working together with Members and staff, it gave us the opportunity to input ideas during the refurbishment, introduce and implement ideas into the yearly schedule and to help solve arising problems.

Now that the refurbishment is completed, we havethebenefitofmodernisedroomswithnew facilities while the traditional architecture remains in the main communal areas.

I will be studying at Imperial for another couple of years so I have plenty of time to continue enjoying so much of what the College has to offer: the Running and Hiking Club, Balls, Port Talks, cultural evenings and more, as well as being Chair of the Members’ Council for 2015/16 - I will certainly be kept busy!

Ow

en R

ich

ard

s

9

Page 12: Goodenough College Annual Review 2014/15

Goodenough College Annual Review 2014/15

London House Report

PRIDE OF PLACE: A TRANSFORMATION COMPLETED

10

Page 13: Goodenough College Annual Review 2014/15

11

Goodenough College Annual Review 2014/15

Goodenough College has a great deal to live up to. Our prime location, our worldwide reputation as an exceptional postgraduate student environment and the pride felt in the College by so many Members and Alumni are privileges we can never take for granted. It is testament to College staff, detailed logistics and planning, and above all to our solid financialstrategythattheambitiousprojects for William Goodenough House and London House have been completed on time and in budget.

The freshly gilded historic crests on the ceiling of the Great Hall and modernised heating add a glow to this important focal point for meeting, exchanging views, enjoying the company of new friends and celebrating with old ones.

The restored and refreshed Charles Parsons Library feels as welcoming as ever, but now with vibrant Rosoman murals reminding those studying there of the sense of purpose and heritage that is at the heart of our community.

Our refurbishment programme has given us the opportunity to improve accessibility including installing lift access to Freddie’s café. Catering facilities throughout London House have also been extensively upgraded.

Modernisation of the electrical, plumbing and heating systems throughout the building have provided the essential infrastructure for the high quality accommodation now offered by our 303 single study-bedrooms. All communal bathrooms have been upgraded. All bedrooms have new wash-handbasin facilities, highqualityfittings,improvedwiredand Wi-Fi internet access, and adjustable heating. Goodenough can surpass expectations for this and future generations of students at the College.

ALp

ho

togr

aph

y.n

et

Members enjoying a Dining In Night in the Great Hall.

Ru

men

Mic

hin

ov

Page 14: Goodenough College Annual Review 2014/15

Goodenough College Annual Review 2014/15

Financial report

“ A primary focus for 2014/15 was the completion of the London House refurbishment which was finished on time and within budget.”

Richard Barker Director of Finance and Resources

Planning for sustainability

A primary focus for 2014/15 was the completion of the London House refurbishmentwhichwasfinishedontime and within budget. Combined with the work to William Goodenough Housetheprojectcameinatafinalcost of £39.5 million against the budget of £41 million.

College activities income (predominantly income generated from student rents) rose to £5.9m (2013/14: £4.4m) as a result of having both buildings open from September 2014. The closure in turn of each building in recent years has put financialpressureontheCollegewhich was managed by detailed financialmodellingandstrongfinancialandbudgetarycontrol.2014/15 produced an operating surplus (excluding the major refurbishment costs, depreciation andfinancingcosts)of£1.6million(2013/14: £1.3 million).

2015/16willbethefirstfullyearofMember occupancy following the refurbishment, an important baseline to measure ‘business as usual’ for this operation. The College continues to refineandimproveitslongterm

financialstrategysupportedbythedetailedfinancialplansusedtosecurethe loan. These plans will ensure that funding is available to meet the costs of repaying the loan, of replacing assets when they fall due and of maintaining the College’s facilities at their current high standard. The budget for 2015/16 shows a further improvement in the College’s operating surplus position to £2.2 million.

My newly-created role as Director of Finance and Resources brings together the College’s strategic financialmanagementandthemanagement of its estate, assets andcommercialservices.Itreflectstheir inter-linked importance to theCollege’sfinancialfuture.I look forward to working with the Governors, staff and Members in delivering success in the coming years.

Richard BarkerDirector of Finance and Resources

*Excludes the major refurbishment costs, depreciation and financing costs.

£1.6mOperating Surplus 2014/15

2013/14: £1.3m

The full 2014/15 accounts are available on our website: www.goodenough.ac.uk

12

£7.6mOperating Expenditure 2014/15

2013/14: £6.3m

Goodenough Club £1.2m

Operating costs* £2.4m

Accommodation £4.0m

£9.2mIncome 2014/15

2013/14: £7.6m

Investment income £0.7m

Donations £0.3m

Income from Goodenough Club £2.3m

Income from charitable activities £5.9m

Page 15: Goodenough College Annual Review 2014/15

Andrew Molson (LH 01-02)

Chairman RES PUBLICA Consulting Group Montreal, Canada

Living at Goodenough College was one of my most enriching experiences. Being part of such a diverse international community, full of amazingly talented people, transformed my outlook. It is something which I strongly believe should be available to as many people as possible.

I visited the College in early 2015 just after the refurbishment was completed. Both London House and Willie G looked fabulous. The works had clearly been planned with great respect for the familiar ambience of the College, as well as meeting the needs of today’s postgraduates. And it was all delivered on time and in budget – that’s very impressive.

Itisvitalthatthoseofuswhohavebenefitedfrom living in Mecklenburgh Square do what we can to ensure that the College can continue to provide those opportunities. The quality of the ‘Goodenough experience’ rests on it maintaining its outstanding facilities, which is why I was happy to initiate The Molson Challenge.

The Challenge is a matched giving programme to raise CAD$800,000 in Canada for capital projects at the College. The Molson Foundation has pledged CAD$400,000 which is being matched by CAD$400,000 from Alumni and friends. The College has enriched the lives of thousands of Canadians over the decades and this is a great way in which we can give back for the future.

Jérô

me

Lava

llée

/ Les

Aff

aire

s

13

Page 16: Goodenough College Annual Review 2014/15

Goodenough College Mecklenburgh Square London, WC1N 2AB UNITED KINGDOM

+44 (0)20 7837 8888 [email protected]

Photographs by ALphotography.net Stefania Barichello Emma Beynon John Hryniuk Jérôme Lavallée / Les Affaires Rumen Michinov Owen Richards Huey Yee Yoong

Written and designed by Nick Kavanagh and Bethan Emerson

Registered Charity: Number 312894 in England and Wales. Number SC039173 in Scotland

Company Limited by Guarantee. Number 246919 Registered Office: London House, Mecklenburgh Square, London WC1N 2AB

Ow

en R

ich

ard

s