Oxford University has received a landmark £80 million donation from the Reuben Foundation that will transform Oxford’s newest college and establish a major new scholarship programme for graduate and undergraduate students.
The college is now set to become ‘Reuben College’, in recognition of the historic gift that secures its vision of a diverse, dynamic research community working on some of the key issues of our time.
The University last year established its 39th college – the first for 30 years – as a new base for graduate students who are eager to embrace opportunities for interdisciplinary exchange and apply their research to address key future challenges.
Located in a suite of buildings on the historic Radcliffe Science Library site, Reuben College is in the heart of the University’s Science Area. The buildings are currently undergoing refurbishment to create a central site for the college’s graduate students. Some of the space will be shared with the Radcliffe Science Library and the University museums.
Professor Louise Richardson, Vice-Chancellor of the University of Oxford, said: “Thanks to the extraordinary generosity of the Reuben family, Reuben College will join the storied ranks of Oxford Colleges. For generations to come, the lives of young people will be transformed as they learn to engage in research that pushes at the frontiers of knowledge. Now, more than ever, our society needs a new generation of highly educated researchers to address the global challenges that transcend national borders. This gift represents a vote of confidence in Oxford, a vote of confidence in the power of research to solve societal problems, and above all, a vote of confidence in the future.”
Lisa Reuben, Trustee of the Reuben Foundation, said: “The Reuben Foundation has been supporting Oxford University for many years with its scholarship programme to support those from disadvantaged backgrounds. We are delighted to further our ties with the university through this endowment, creating the new Reuben College which will become part of Oxford life in perpetuity along with a further enhanced scholarship endowment.“
Professor Lionel Tarassenko, President of the college, said: “This gift is a massive endorsement of our mission to provide a genuinely collaborative home for academics and foster new, interdisciplinary approaches to problems of global significance which will inspire our graduate students. We launched last year with a focus on the three themes of artificial intelligence, environmental change and cellular life. Now we can envisage a future that includes more cross-cutting research themes and offers richer engagement opportunities for our academics, graduate students and the community at large.“
Established in 2002 with a very substantial endowment and a number of subsequent additional endowments, the Reuben Foundation is committed to the betterment of society in the UK and around the globe through focused charitable giving in the areas of education, health and the community.
Reuben College has already attracted an outstanding line-up of academic Fellows and is preparing to start recruiting its first cohort of graduate students this September, ready for admission in the autumn of 2021.