planning and resources; faculty development), the school secretary, the chief operating officer, the chief finance officer, and the chief philanthropy and global engagement officer.
† Titled as director and president
=== Academic departments and institutes ===
LSE's research and teaching are organised into a network of independent academic departments established by the LSE Council, the school's governing body, on the advice of the academic board, the school's senior academic authority. There are currently 27 academic departments or institutes.
=== Finances ===
In the financial year ending 31 July 2024, LSE had a total income of £525.6 million (2022/23 – £466.1 million) and total expenditure of £344.4 million (2022/23 – £424.8 million). Key sources of income included £316.4 million from tuition fees and education contracts (2022/23 – £295.0 million), £26.8 million from funding body grants (2022/23 – £29.1 million), £41.4 million from research grants and contracts (2022/23 – £39.6 million), £11.6 million from investment income (2022/23 – £7.8 million) and £49.3 million from donations and endowments (2022/23 – £22.7 million).
At year end, the LSE had endowments of £255.5 million (2022/23 – £229.3 million) and total net assets of £1.009 billion (2022/23 – £793.2 million).
The Times Higher Education Pay Survey 2017 revealed that, among larger, non-specialist institutions, LSE professors and academics were the highest paid in the UK, with average incomes of £103,886 and £65,177 respectively.
==== Endowment ====
The LSE is aiming to increase the size of its endowment fund to more than £1bn, which would make it one of the best resourced institutions in the UK and the world. The effort was initiated in 2016 by Lord Myners, then chairman of the LSE's Council and Court of Governors. The plan includes working with wealthy alumni of LSE to make large contributions, increasing the annual budget surplus, and launching a new, widescale alumni donor campaign. The plan to grow LSE's endowment to more than £1bn has been continued …
