Goodenough College Annual Review 2013/14

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Goodenough College Annual Review 2012/13

Annual Review 2013/14

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Goodenough College Annual Review 2012/13

What makes us

Goodenough? For over 80 years Goodenough College has been home to outstanding international postgraduate students as they pursue higher education and research opportunities in London. In Mecklenburgh Square, College Members have always found themselves part of an exceptional nexus of relationships. These global connections are stronger and more diverse than ever and today include the world’s pre-eminent scholarship programmes, cultural exchanges, centres of learning, and research institutions. Sharing their personal experience and expertise, Members and Alumni sustain Goodenough’s mission to create a worldwide academic community ‘where mutual understanding and respect are fostered and an appreciation of leadership, global citizenship and social responsibility is developed.’ The lifelong relationships between Members and Goodenough College suggest that we are succeeding.

Contents Foreword from the Chairman

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A decisive transformation

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Director’s Report

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Fostering an exceptional academic community

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Encouraging discovery

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Strengthening connections with supporters

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Promoting international partnerships

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London House Report

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The refurbishment of London House

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Financial Report

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Planning for the long term

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Goodenough College Annual Review 2013/14

Foreword

Jonathan Hirst QC Chairman of the Board

A decisive tr ansformation Welcome to the Goodenough College Annual Review 2013/14. I am very pleased to introduce you to a year of considerable achievement. We can take great pride in the transformation of London House to make it fit for purpose through the years ahead. The massive refurbishment projects at William Goodenough House and London House emphatically reflect the way in which the College is consolidating its strengths. We are looking to the future as we continue to provide a unique cultural and academic environment for exceptional postgraduate students. However, in doing so we are reviewing our strategic goals. Quite simply, we aim to play an even more meaningful part in the development of future leaders as

The fountain in William Goodenough House Fountain Quad.

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they advance their expertise in the international powerhouse of higher education that is London. We can do this by continuing to build relationships with academic institutions, sponsors of scholarships and centres of learning across the world through the College, through the Goodenough Club and through The Burn. We can do this by aiming high and winning awards for the quality of our environment and service. And we can do it by attracting the very best students who can reap the rewards of participating in the Goodenough culture.

Jonathan Hirst QC Chairman of the Board

“We are looking to the future as we continue to provide a unique cultural and academic environment for exceptional postgraduate students.�


Drishti Ramdewar From Mauritius Studying the Bar Professional Training Course at City Law School, City University People take full advantage of whatever Goodenough offers because you won’t get this kind of privilege anywhere else. Whatever you find here are gifts for life. The friends I have made at Goodenough have become more like sisters and brothers to me. That has benefited me in my studies because if I had a problem, I could always knock on someone’s door and ask them to re-read my papers and give me some feedback. When this came from people who were not studying law, it often gave me a fresh perspective. When you talk to people here, they are really interested in the discussion, they want to share the knowledge they have.

Living here together and participating together in different events at the College builds respect for one another. For example, when we had the African Night, everybody came. When we had the Divali Night, everybody came. Even if you don’t know the country – you come. That’s the kind of place this is. Soon I will be going back to Mauritius to practice as a barrister. I also want to continue doing voluntary work as a maths teacher in a school for destitute people. And I’m now interested in going into business. These are all endeavours which have been encouraged by my time at Goodenough.

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Goodenough College Annual Review 2013/14

Director’s report

Andrew Ritchie CBE Director

“The high satisfaction level of our Members is testimony to the ongoing hard work of College staff whose dedication has once again been endorsed by these prestigious awards.”

Fostering an exceptional academic community The refurbishment of William Goodenough House and London House has been a major undertaking. By investing heavily in the environment of the College, we are safeguarding its reputation as one of the finest residential colleges for postgraduates anywhere in the world. But we are also investing in the part we play to cultivate a strong academic community where future leaders can develop. This is now very much the focus of our mission.

We have continued to build on our 2013 success with an award for ‘Best Booking Experience’ as well as retaining the distinguished accolade of the International Accommodation Quality Mark. The high satisfaction level of our Members is testimony to the ongoing hard work of College staff whose dedication has once again been endorsed by these prestigious awards.

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With this in mind, it is especially rewarding to receive an award for ‘Best Learning Environment’ in the 2014 National Student Housing Survey.

BEST Learning Environment

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2014

BEST Booking Experience

2014

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QUALITY MARK International Accommodation

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Percentage of College Members in 2013/14 by country of origin**

University College London 25% London School of Economics & Political Science 11% King’s College London 11% Imperial College London 5% London School of Hygiene & Tropical Medicine 5% City University London 4% Queen Mary, University of London 4% SOAS, University of London 4% Royal Academy of Music 3% London Business School 2% School of Pharmacy, UCL 2%

USA Canada United Kingdom Germany India South Africa Australia China New Zealand Chile Pakistan Israel Singapore

10 % 8% 8% 5% 5% 5% 5% 3% 3% 3% 3% 2% 2%

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Percentage of College Members in 2013/14 by institution of study*

*Members were enrolled in a further 37 institutions including the Architectural Association School of Architecture, University of Cambridge, University of Oxford, Royal Veterinary College, and the National Film and Television School.

**Members also came from a further 61 countries.


Director’s report continued

Encour aging discovery At the heart of London, Members of Goodenough College experience the energy and diversity of the city at close quarters. To College life, they also bring the wide range of skills and interests you would expect from such a gifted community. The College’s clubs and societies offer opportunities to enjoy everything from sports tournaments and Sunday jazz clubs, to Port Talks on subjects as diverse as Scottish independence, biomedical developments to combat the spread of HIV/AIDS, and central banking after the global financial crisis – to name but a few from this year’s excellent programme. Discovery thrives on unforeseen connections and, appropriately, the overarching theme of ‘Connections’

Disciplines studied by Members in 2013/14

led this year’s TEDxGoodenough College presentation. This was streamed simultaneously to interested people around the world. It is just one of the many occasions when the extraordinarily impressive individuals that Goodenough brings together have the opportunity to inspire us with their brilliance.

“Discovery thrives on unforeseen connections and, appropriately, the overarching theme of ‘Connections’ led this year’s TEDxGoodenough College presentation”

Connections are also evident in the outward-looking relationships the College continues to establish with other academic institutions. The most recent is with Royal College of Defence Studies which brings Members of each College together at specially arranged lectures. It also gives small groups of our Members access to RCDS lectures. Participation is a hallmark of the College. It is reflected in the shared experience of our global community in Chinese New Year celebrations, German beerfests, and Greek toga parties. This outward looking perspective also shines through the connection we now have with the Council for At-Risk Academics (CARA) charity, dedicated to defending academic freedom and assisting academics in need. We currently have a CARA sponsored student at the College and CARA is the chosen charity Goodenough Members will be supporting through fundraising in 2014/15.

The theme of “Connections” led TEDxGoodenough College 2014.

Medical & Natural Sciences Arts & Humanities Political & Social Sciences Law Business

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Goodenough College Annual Review 2013/14

Director’s report continued

Strengthening connections with supporters Goodenough College receives 80% of its income from the rents paid by postgraduate Members. However, we are committed to keeping the level of rents affordable for students from all backgrounds. For this reason, philanthropic support provides much needed additional funds to sustain the experiences which make residency in Mecklenburgh Square so exceptional. With the launch of the Annual Fund last year, everyone is offered the opportunity to donate to Goodenough. Whether it’s a modest regular gift, a donation to name a room in recognition of their time at Goodenough, or something more substantial, every gift is welcomed and appreciated. For many supporters, leaving a gift to the College in their will helps cement their relationship with Goodenough. Legacy gifts are vital to the College and help to ensure future generations of postgraduate students will be able to enjoy the facilities that have meant so much to their predecessors.

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In November 2013, Goodenough was delighted to announce details of a very exciting fundraising initiative in Canada – The Molson Challenge. Due to the exceptional generosity of Alumnus Andrew Molson (London House, 2001-02) and The Molson Foundation, $400K CAD has been given as a matched grant to the London Goodenough Association of Canada. This sum is designated for the refurbishment and maintenance of the College’s buildings, with the aim of attracting a further $400KCAD from Canadians. In total, the Molson Challenge will raise $800KCAD, which will greatly benefit the surroundings and environment for our Members. Thanks to the generosity of Alumnus David McCahon (London House, 1988-90), Goodenough College is proud to be establishing the McCahon Law Scholarship. This will be awarded to a new student planning to undertake a professional legal qualification,specifically the BVC or LPC.

“For many supporters, leaving a gift to the College in their will helps cement their relationship with Goodenough”

L: College Members who took part in the 2013 Bright Futures Fundraising Telethon. R: Evan Thomas, Chair of the London Goodenough Association of Canada (LGAC) with Professor Norman Hillmer, taken at the British High Commissioner’s House in Ottawa as part of the 2014 Director’s Tour of Canada.


Kate Weeks From Australia Postdoctoral Fellow in the Cardiovascular Division at King’s College London I finished my PhD in Molecular Biology at the University of Melbourne in July 2012. I was then awarded a three-year fellowship from the Heart Foundation of Australia, which allowed me to come to London to undertake postdoctoral training at KCL. I am loving living in London. There is never a shortage of things to do, and one of the benefits of being at Goodenough is that it is so close to everything! Both at the College and during a marvellous stay at The Burn (the College’s study centre in Scotland), my husband and I have met people from all over the world, studying everything from neuroscience to musical theatre to international development to

linguistics. This diversity means that College life is very stimulating. I think it is great that the majority of events held at the College are initiated and organised by student Members. Over the past two years at Goodenough, I have found myself discussing my scientific research with economists, literature students, lawyers and musicians. This is an incredibly useful experience as it forces me to take a step back from the nitty gritty of everyday experiments and discuss the bigger picture, which in turn, helps me to refine my ideas about future experiments and where my research is heading.

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Goodenough College Annual Review 2013/14

Director’s report continued

“Members are part of an environment characterised by diversity, acceptance, academic focus and cultural interchange with others from around the world”

L: Members performing at the Great Gatsby themed Winter Ball, which was this year held at the London Welsh Association due to London House being closed. R: Chinese New Year celebrations held in the Large Common Room of William Goodenough House as part of Chinese Culture Week.

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Promoting international partnerships Scholars representing the Chevening, Fulbright, Marshall, Commonwealth and other scholarship programmes have always been highly valued Members. They add immeasurably to the vibrant atmosphere that distinguishes College life. Continuing to build relationships with academic institutions with which we share a common ethos now has an even more prominent strategic role at Goodenough. Further extending our network, Goodenough College has joined International Houses Worldwide with whom we share a strong cultural bond. There are currently 16 International Houses on three continents where – in common with Goodenough – members are part of an environment characterised by diversity, acceptance, academic focus and cultural interchange with others from around the world. This agreement significantly expands access to safe and affordable housing internationally for Goodenough Members. The Goodenough Club on Mecklenburgh Square provides 4* accommodation to members of our partner institutions, academics, Alumni and corporate and leisure guests

visiting London, allowing them to experience the Goodenough culture for shorter periods of time. Our Scottish study centre The Burn frequently opens its doors to groups of students from surrounding Scottish universities, as well as those from Goodenough College, enabling us to further our reach and provide hospitable facilities to those completing their studies. By building our international partnerships, and through our active commitment to maintaining the highest standards, Goodenough College goes from strength to strength. Despite the temporarily reduced number of new Members that our London House refurbishment has necessitated, I am delighted to say that the energy and sense of purpose so characteristic of College life have continued undiminished. We look forward to firing on all cylinders once again with the reopening of London House for academic year 2014/15.

Andrew Ritchie CBE Director


Lord K ar an Bilimoria cbe dl From India GOODENOUGH COLLEGE GOVERNOR AND ALUMNUS (London House, 85-87) I first visited Goodenough College when some friends of mine were staying there and I immediately fell in love with London House and its wonderful atmosphere! I liked the fact that it was a postgraduate-only institution and also that it was so international. Goodenough was a brilliant foundation and I made lifelong friends who I keep in touch with on a regular basis to this day. I am sure that my regular stint at the bar contributed significantly to my founding of Cobra beer soon after I finished my studies! The Goodenough network is amazing. Five years ago, I signed my joint venture with the global

brewers Molson Coors and when I first met Andrew Molson, the current Vice-Chairman, the first thing he said to me was “we have something very important in common – we are both Goodenough Alumni.” As a Governor of Goodenough, I am in a wonderful position to be an ambassador for a very special and unique institution. I have been extremely vocal, both in Parliament and outside, on the benefit of international students to our universities, our country and our economy. Goodenough College is an exemplary institution, showcasing the diversity and excellence that foreign students bring to London and to Britain, and I am proud to represent it.

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Goodenough College Annual Review 2013/14

London House Report

REFRESHED. RESTORED. REINVIGOR ATED.

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The Great Hall in London House.

The refurbishment of London House It takes the best to bring out the best, and Goodenough College has focused heavily on refurbishing its two principal buildings over the last few years. Following the successful renovation of William Goodenough House, London House was closed in July 2013 and reopened on time and on budget in September 2014. The College looks forward to operating at full capacity once more in 2014/15 when both Houses will be open. The completion of works in London House ensures Goodenough is able to provide up-to-date facilities to meet the needs of successive generations of postgraduate students as they seek to develop their individual brilliance.

The extensive project included:

· Fully refurbishing all 303 single

study-bedrooms with high-quality fittings, improved internet access (wired and WiFi), individually adjustable heating, and increased security, as well as having many storage rooms and offices returned to their original use as bedrooms to make better use of space for Members.

· Increasing accessibility with lift access

to Freddie’s café / restaurant, which supplements upgraded buttery facilities throughout the building.

· Improving lighting in the Charles

Parsons Library, where newly restored murals of London House and Mecklenburgh Square by Leonard Rosoman RA provide an iconic reminder of the College’s heritage and offers Members a valued study space.

· Improving the heating system in the

magnificent Great Hall as well as repainting and freshly gilding the historical crests decorating the ceiling.

“As the months went by, it was tremendously exciting to see such a tr ansformation taking place.” Caroline Persaud, Registr ar.

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Goodenough College Annual Review 2013/14

Financial report

Garry Hirth Director of Finance

“We now look forward to building on the success of our refurbishment programme and ushering in a new chapter in the College’s history.”

Planning for the long term We have now come to the end of the four year refurbishment programme of both William Goodenough House and London House. Work commenced on the historic London House during the 2013/14 financial year and was completed in time for re-occupation by students in September 2014. To date, over £35 million has been spent on both Houses and we expect the total costs to come within our £40 million budget. The College has provided £15 million of its own funds and commercially borrowed £25 million. The closure and complete renovation of our principal buildings in recent fiscal years has put pressure on the College that has been managed by strong financial and budgetary controls. The College continues to refine and improve its long term strategy, which is supported by detailed financial plans. These plans aim to restore the forecasted operating deficits incurred as a consequence of the refurbishment; they also provide for the long term stewardship of the College and its underlying infrastructure whilst further developing our facilities.

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The College has reviewed and updated its planned maintenance and capital replacement programmes. By setting aside specific revenue streams the College is ensuring that funding will be available internally to meet these costs as and when they fall due. We now look forward to building on the success of our refurbishment programme and ushering in a new chapter in the College’s history.

Garry Hirth Director of Finance


Goodenough College Annual Review 2013/14

Donations received

2013/14

Income

£0.3m

£7.6m

2012/13: £1.1m

2012/13: £8.4m

2013/14

Expenditure

2013/14

£11.5m 2012/13: £10.5m

Spend to date on refurbishment of College buildings

£35.2m

Projected total: £40m

Cost of refurbishment of The Burn

£0.1m

Operating deficit*

2013/14

£0.1M

2012/13: £0.0m

Investment income

£0.7m

Goodenough Club

£1.1m

Donations

£0.3m

Operating costs

£3.5m

Income from Goodenough Club

£2.2m

Accommodation

£3.1m

Income from charitable activities

£4.4m

Project costs

Total: £7.7m £3.8m

* The operating deficit excludes refurbishment costs which have not been capitalised nor are part of the College’s usual operations. The College will return to an operating surplus in 2014/15 when London House reopens.

The full 2013/14 accounts are available on our website: www.goodenough.ac.uk/accounts

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Goodenough College Annual Review 2013/14

Goodenough College Mecklenburgh Square London, WC1N 2AB UNITED KINGDOM 44 (0)20 7837 8888 marketing@goodenough.ac.uk www.goodenough.ac.uk

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

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A Registered Charity: Number 312894 in England and Wales. Number SCO39173 in Scotland

BEST Booking Experience

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2014

BEST Learning Environment

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QUALITY MARK International Accommodation

Photographs by Shi Min Cheng, Vicky Evans, Rumen Michinov, Stuart Thomas, Nick Wiltshire, Seven Hills Group. Written and designed Nick Kavanagh and Bethan Emerson

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