£383.1 million), £28.8 million from investment income (2022/23 – £24.1 million) and £35.5 million from donations and endowments (2022/23 – £51.5 million).
At year end, Imperial had endowments of £235.2 million (2022/23 – £220.1 million) and total net assets of £2.082 billion (2022/23 – £1.792 billion). It holds the eighth-largest endowment of any university in the UK.
=== Affiliations and partnerships ===
Imperial is a member of the Association of Commonwealth Universities, European University Association, Global Alliance of Technological Universities, League of European Research Universities and the Russell Group. It is a founding member of the Imperial College academic health sciences centre, the Francis Crick Institute and MedCity. Imperial is a long-term partner of the Massachusetts Institute of Technology, with the first formal large-scale collaboration agreement dating back to 1944 as part of World War II scientific effort. The partnership between the two institutions continues with exchange programs for students and academic staff.
== Academic profile ==
=== Research ===
In the 2021 Research Excellence Framework, Imperial's research profile was assessed as 66 per cent world class (4*) 30 per cent internationally important (3*) and 3 per cent internationally recognised (2*), with insignificant quantities of research in lower categories. This led to Imperial being ranked first in the UK on GPA and ninth for research power by Times Higher Education, with a GPA of 3.63 and research power 47.3 per cent of the top-ranked University of Oxford.
The college promotes research commercialisation, partly through its dedicated technology transfer company, Imperial Innovations, which has given rise to a large number of spin-out companies based on academic research. Imperial researcher Narinder Singh Kapany made critical contributions to the invention of fibre optics.
The United States is the college's top foreign country for collaborations, and Imperial College has a long-term partnership with the Massachusetts Institute …
