Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1961.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
87 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
30 people listed on the 990; $2.0M paid to officers and key staff.
Dr Megan Kenna’s $336K as Ssf Executive Director is at the 69th percentile of top reported officer pay among 345 $10–100M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Dr Elizabeth Kiss | $318,748 | $347,609 | $340,848 | $320,946 | $311,919 |
| Dr Megan Kenna | $335,693 | $309,319 | — | — | — |
| Megan Kenna | — | — | $299,324 | $252,482 | — |
| Evie O'Brien | $293,288 | $250,532 | $229,920 | $220,154 | $155,231 |
| Peter Anderson | $155,176 | $275,274 | $250,925 | $226,573 | $194,117 |
| Muloongo Muchelemba | $260,077 | $240,762 | $226,387 | — | — |
| Penelope Brook | — | — | — | — | $233,036 |
| Rodolfo Lara Torres | $218,592 | $230,218 | $218,745 | $217,976 | $189,256 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Supports overseas students studying at Oxford University.
Questions for The Rhodes Trust
Your first name shows with your question. The Rhodes Trust answers here, for everyone.
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The Rhodes Trust supports a premier global scholarship program, which provides academic fees, maintenance funding and ancillary costs to selected international graduate students in support of its mission. It provides a program of Character, Service and Leadership Training to its scholars.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $56.2M | $85.2M |
| InvestmentsLn 11–13 | $452.4M | $544.4M |
| Land, buildings, equipmentLn 10c | $21.8M | $25.3M |
| Total assetsLn 16 | $562.5M | $669.1M |
| LiabilitiesLn 26 | $60.9M | $62.5M |
| Net assetsLn 32 | $501.6M | $606.6M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $17.7M | $17.7M | ||
| Pay of current officers, directors and key staffLn 5 | $1.5M | $1.1M | $324K | |
| Other salaries and wagesLn 7 | $4.3M | $3.7M | $649K | |
| Pension plan contributionsLn 8 | $600K | $476K | $124K | |
| Payroll taxesLn 10 | $566K | $477K | $88K | |
| Legal feesLn 11b | $296K | $294K | $2K | |
| Accounting feesLn 11c | $134K | $127K | $7K | |
| Investment management feesLn 11f | $1.6M | $1.6M | ||
| Other fees for servicesLn 11g | $497K | $377K | $0 | $119K |
| Advertising and promotionLn 12 | $1.0M | $779K | $232K | |
| Office expensesLn 13 | $1.2M | $1.1M | $48K | |
| Information technologyLn 14 | $1.1M | $1.1M | ||
| OccupancyLn 16 | $275K | $275K | ||
| TravelLn 17 | $970K | $877K | $92K | |
| Travel and entertainment for public officialsLn 18 | $191K | $191K | ||
| Conferences, conventions and meetingsLn 19 | $1.5M | $1.5M | ||
| InterestLn 20 | $1.1M | $59K | $1.0M | |
| Depreciation, depletion and amortizationLn 22 | $470K | $470K | ||
| InsuranceLn 23 | $87K | $87K | ||
| Other expenses (24a–d)Ln 24 | $1.5M | $1.2M | $8K | $271K |
| All other expensesLn 24e | $292K | $149K | $0 | $143K |
| Total functional expensesLn 25 | $36.8M | $32.1M | $1.6M | $3.1M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $81.1M | $79.3M | $1.9M | $699.3M | 990 PDF |
| FY2024 | $84.3M | $71.5M | $12.7M | $678.7M | 990 PDF |
| FY2023 | $50.8M | $61.4M | −$10.6M | $630.7M | 990 PDF |
| FY2022 | Not on file | ||||
| FY2021 | $24.7M | $37.2M | −$12.5M | $701.6M | 990 PDF |
| FY2020 Viewing | $150.1M | $36.8M | $113.3M | $606.6M | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $150,102,603 revenue, 12 lines filed
Part VI · Governance 19 of 19 board members independent, 1 to look at
Part VIII · Statement of revenue $150,102,603 across 5 lines filed
Part IX · Statement of functional expenses $36,785,889 across 21 lines filed
Part X · Balance sheet $669,107,400 assets, 15 lines filed
Part XI · Reconciliation of net assets $606,577,729 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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