The Oxford Funds

“The funds has no officers or directors. The sole trustee of the funds, as required under united kingdom law, is the chancellor, masters and scholars of the university of oxford ("the university of oxford"), an organization recognized as a section 501(c)(3) organization by the internal revenue service. The university of oxford manages the funds through a wholly-owned entity called oxford university endowment management limited ("ouem"). There has been no material change to this arrangement since the funds applied for and received tax-exempt status under section 501(c)(3). Investment management activities of the funds are subject to oversight by the university's investment committee.”

“The funds has no officers or directors. The university of oxford, the funds's sole trustee, manages the funds through ouem. Meetings of ouem's governing body and committees are regularly and contemporaneously documented in accordance with the requirements of united kingdom law.”

“The funds does not have any employees and therefore does not provide compensation to any individuals.”

“The funds were administered in accordance with policies set forth by ouem, a wholly-owned subsidiary of the university of oxford.”

“The form 990 is prepared by ernst & young, llp, based on the information provided by the funds through ouem. Ouem's chief operating officer reviews the return prior to filing. Once approved, ernst & young signs as preparer and the chief operating officer signs on behalf of the funds.”

“The funds's financial statements and governing documents are not available to the public.”

“The financial statements of the oxford funds ("the funds") are presented in great british pounds. The amounts reported on part x of the form 990 were converted from great british pounds to us dollars using the spot convertion rate of 12/31/2024 of 1.2576. The amounts reported on parts vii, viii, and ix of the form 990 were converted from great british pounds to us dollars using the average convertion rate for the year ended 12/31/2024 of 1.2783. The foreign currency conversion results in an adjusting item to the funds's change in net assets for the period which is reported on form 990, part xi, line 9. The non-statutory financial statements have been prepared under the historical-cost basis, as modified by the revaluation of investments, in accordance with applicable united kingdom accounting standards.”

“Due to character limitations on the electronic filing software, the full phone number would not print. This number is also the number for part vi, line 20, to reach the invidivual of whom the books are in care. The phone number is as follows: +44 (0)1865 632900”

“The oxford funds ("the funds") is an endowment fund established in the united kingdom in 1945 and governed by universities and colleges (trusts) act, 1943. The funds's purpose is to collectively administer the assets of trusts that are administered by the chancellor, masters and scholars of the university of oxford ("the university of oxford"), or other trustees for purposes connected with the university of oxford and that are u.k. Charities. The trusts which contribute to the funds have a wide range of charitable purposes, but mostly represent endowment money which is being used to provide long-term support for activities related to the university of oxford. The structure of the funds has been specifically designed to enable trusts which are connected with the university and which share the investment objectives and time horizon of the existing participants to pool their investments.”

“FOREIGN CURRENCY TRANSLATION ADJUSTMENT - -96057354; Total - -96057354;”

“The non-statutory financial statements have been prepared under the historical-cost basis, as modified by the revaluation of investments to fair value, in accordance with applicable united kingdom accounting standards.”

“Ouem assumes responsibility for oversight of the audit, review or compilation of the funds's financial statements, and selection of the independent accountant.”