º£½ÇÉçÇø

As of 31 July 2019 the º£½ÇÉçÇø held a total of £46.0m of endowment funds:

£36.2m of endowment funds were within the º£½ÇÉçÇø of Sheffield Endowment Pool (pdf, 88kb):

• £21.8m of Restricted Permanent Endowment Funds
• £8.6m of Unrestricted Permanent Endowment Funds
• £5.8m of Restricted Expendable Endowment Funds. 

In addition, £6.5m of the º£½ÇÉçÇø’s own Fixed Asset Investments are held within this pool, totalling £42.7m. 

£4.5m was held within the Yorkshire Cancer Endowment Pool. The funds are held by Yorkshire Cancer Research directly, so are not subject to the º£½ÇÉçÇø policy.

£4.9m of endowment accumulated income was held as cash with the º£½ÇÉçÇø of Sheffield’s banker.

£0.1m of endowment funds received by the º£½ÇÉçÇø prior to the year end, held as cash and invested by Sarasin & Partners just after the year end.

£0.3m of endowment funds held with Hargreaves Lansdown. These funds are separated into two pools:

48% within the main fund (Twikker income fund - pdf, 396kb) managed by the original donor with interaction with the º£½ÇÉçÇø of Sheffield Investment Society
52% within the student fund (Twikker student fund - pdf, 404kb) managed by the fund group within the º£½ÇÉçÇø of Sheffield Investment Society with oversight by the original donor

The º£½ÇÉçÇø is committed to the implementation of the Endowment Investment Policy (pdf, 60kb). º£½ÇÉçÇø Endowment Pool was reviewed by the Investment Group to ensure its compliance with the Endowment Investment Policy (pdf, 76kb). The º£½ÇÉçÇø is committed to investing its funds on a socially responsible basis (pdf, 80kb).

Please note that the Endowment Investment Policy (pdf, 267kb) was updated and approved 24 February 2020