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Finances

In 2017–18, the university had an income of £2,237m; key sources were research grants (£579.1m) and academic fees (£332.5m). The colleges had a total income of £492.9m.

While the university has a larger annual income and operating budget, the colleges have a larger aggregate endowment: over £6.4bn compared to the university's £1.2bn. The central University's endowment, along with some of the colleges', is managed by the university's wholly-owned endowment management office, Oxford University Endowment Management, formed in 2007. The university used to maintain substantial investments in fossil fuel companies. However, in April 2020, the university committed to divest from direct investments in fossil fuel companies and to require indirect investments in fossil fuel companies be subjected to the Oxford Martin Principles.

The total assets of the colleges of £6.3 billion also exceed total university assets of £4.1 billion. The college figure does not reflect all the assets held by the colleges as their accounts do not include the cost or value of many of their main sites or heritage assets such as works of art or libraries.

The university was one of the first in the UK to raise money through a major public fundraising campaign, the Campaign for Oxford. The current campaign, its second, was launched in May 2008 and is entitled "Oxford Thinking – The Campaign for the University of Oxford". This is looking to support three areas: academic posts and programmes, student support, and buildings and infrastructure; having passed its original target of £1.25 billion in March 2012, the target was raised to £3 billion. The campaign had raised a total of £2.8 billion by July 2018.