Lucy Cavendish becomes the first Cambridge College to receive a cryptocurrency donation
On the 8th of March, 2022, the College was happy to receive its first gift in bitcoin (BTC), marking a significant milestone in the College’s history.
Lucy Cavendish has received a donation of £2.6 million from Christina and Peter Dawson, the largest in the College’s history.
The gift will enable Lucy Cavendish’s unique outreach and student support programmes to be carefully evaluated, developed and expanded over the next 10 years. The College’s mission is to attract students of exceptional potential from under-served communities – students who have an enterprising mindset and the determination to make a positive contribution to society. Its outreach programmes, delivered online, are designed to raise the academic attainment of these students in the last two years of their schooling so that they can meet the University’s exacting entry requirements.
The College values these students because of the perspectives they bring from their lives to framing and solving some of the most critical problems facing humankind and the planet. They are welcomed because of their backgrounds, not despite them. They contribute to the vibrant, inclusive, immersive environment in the College – a College that is the most diverse in Cambridge and indeed is now broadly representative of UK society.
Once at the College, all students benefit from special support programmes. These are designed to ensure that students attain the academic results of which they are capable, graduate into careers where they can achieve their leadership ambitions, and maintain excellent mental and physical health through a well-balanced lifestyle that makes the most of what Cambridge can offer beyond the formal curriculum.
The College is therefore immensely grateful for this strategic donation from Christina and Peter Dawson. Their philanthropy will not only transform the lives of individual students but will also be an investment in the future leaders and innovators whom our economy and society so clearly need.
In the words of Christina and Peter, “The drive and determination that the College has shown in finding creative and practical solutions to widening participation, and to giving all students appropriate support, is inspiring. Lucy Cavendish is a small college with bold ambition, and we feel privileged that we can help support that.”
Christina and Peter Dawson are extremely generous long-term supporters of the University and several of its colleges, and both are Honorary Fellows of St Catharine’s College where Peter studied Natural Sciences as an undergraduate. For example, their recent cornerstone £5 million gift to the University for the new Foundation Year programme starting next September will give talented students from disrupted educational backgrounds a new route to undergraduate study at Cambridge. And Lucy Cavendish is proud to be one of the 13 colleges participating in the programme’s pilot year.
Lucy Cavendish President, Professor Dame Madeleine Atkins said: “Christina and Peter are visionary philanthropists and we are grateful to them beyond mere words for making this landmark gift to Lucy Cavendish. Their outstanding generosity will enable the College to act as a long-term vanguard of change and will benefit thousands of exceptional current and future students. We are delighted to be able to work with such amazing partners who share our vision and direction of travel.”