P U B L I C B E N E F I T S TAT E M E N T
OUR MISSION We transform lives through the power of higher education. A leading international university, we undertake groundbreaking research and deliver a world-class student experience in a campus environment of outstanding natural beauty. Council confirm that they are aware of their duties with regard to public benefit and are conversant with the Charity Commission guidance in this area. In setting objectives and planning future activities, Council have had regard to the Charity Commission guidance on public benefit. O U R VA L U E S We agreed our University values through a period of consultation which involved staff, students and alumni. These are the qualities most important to us at the University of Exeter and give focus to our everyday endeavours. We aim to give all at Exeter the opportunity to develop, demonstrate and celebrate our values.
Ambition We constantly challenge ourselves to do better, pursuing goals with energy and enthusiasm. Sustainability Through education and research we are aware of the ecological limits of the planet and promote the careful use of resources. Truth We are dedicated to upholding the highest levels of integrity and the ethical pursuit of knowledge. Adaptability We are resilient and receptive to change and foster a positive outlook. Working Together Through a communicative and trusting environment, we nurture Exeter’s unique and invaluable community spirit. Partnership We work collaboratively to create alliances across sectors and beyond borders SPECIFIC ACHIEVEMENTS FOR 2010/11 The University delivers public benefit in a wide variety of ways, but principally through its teaching, research and contribution to the economy. TEACHING
As University of Exeter staff, students and alumni, we value: Excellence We aim to realise our potential and celebrate our achievements. Creativity Bold and enterprising, we support innovation. Personal Leadership We have a clear sense of direction and seize opportunities to be forward thinking. Inclusivity We promote and celebrate diversity, fostering equal opportunities and personal dignity.
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UNIVERSITY OF EXETER:
The effect of a University education on students is transformational, particularly on those from poorer backgrounds. The University has a student-focused philosophy which results in very high levels of student satisfaction: Exeter is a consistent top 10 performer in the National Student Survey. Exeter has a long history of working at the leading edge of widening participation and fair access policy. For more than a decade the University has pioneered widening participation activity, leading the development of the Aim Higher programme in the South West, hosting residential summer schools and participating in innovative new outreach programmes. In 2010/11 the University set aside £4.8 million – nearly a quarter of its Home/EU additional fee income (based on the fee charged above the standard HEFCE rate) – to fund outreach activities and means-tested bursaries for undergraduate students from poorer backgrounds.
F I N A N C I A L S TAT E M E N T S F O R T H E Y E A R E N D E D 3 1 J U LY 2 0 1 1