Ways in which to Support Dauntsey's
Our aim is to encourage as many as possible in our community to make a gift that is manageable to them. Any donation, regardless of size, will be greatly appreciated and used appropriately for the option you choose. Click here for details of our current Annual Giving Programme and the funds we are aiming to support this year. If you are considering making a gift, please choose the method of supporting that suits your circumstances and preference from the list below.
All gifts to the School are made to the Dauntsey's School Charitable Trust (Charity No.309479), a charity which is separate to that of the School and which is governed by a bodyof alumni and governors.
Single Gifts
A single gift is best made by using the Gift Aid method*. As a UK taxpayer, you can increase the value of your gift to Dauntsey's. In addition, if you are a higher rate taxpayer, you are able to claim tax back yourself. For example, a 40% tax payer can reclaim as much as £23 and a 50% tax payer can reclaim £37.50
If you wish to make a single gift to the Dauntsey's School Charitable Trust using this method, please complete the gift form and send it to us with your cheque, We also accept Charities Aid Foundation (CAF) cheques, although in this instance the Gift Aid cannot be claimed.
Alternatively, you can make a donation online via our Virgin Money web page. Simply click on the logo to access our online fundraising page. |
*You must have paid the amount of tax which we reclaim. This can be in the form of either income or capital gains tax. If you do not make a Gift Aid declaration, we may contact you to ask your permission to reclaim any tax due.
Regular giving
Giving regularly remains a vital part of our income. Committed and regular support is the life blood of any fundraising charity and allows us to plan more effectively for the future. The easiest and most effective way to make a contribution is via a regular monthly/quarterly/annual gift over a period of time, for example three years. If you are a UK taxpayer we can increase the value of your gift on yourregular donations (see above). Please complete the gift form and send it to the Foundation Office (not your bank, please).
We will contact you at regular intervals to ensure that you are still happy with the arrangements. In addition, we will send you an annual statement of your contributions to assist you in completing your Inland Revenue self-assessment tax return.
Legacies
Long-term, legacies will generate the majority of funds needed to keep Dauntsey's at the forefront of education in the UK. There is a full explanation of how to include a bequest toDauntsey's in your will on the Legaciespage of this Website.
Stocks, shares and securities
This can be one of the most tax-effective methods of supporting the Charitable Trust. Gifts of shares are free of capital gains tax and can also be offset against taxable income, whether you are a higher or basic rate taxpayer. The amount the donor can deduct is the market value of the shares or securities at the date of disposal, plus any incidental costs of disposing of the shares.
For example: a higher rate taxpayer who has already used up his/her capital gains tax allowance for the year can experience substantial savings in some circumstances. Shares bought for £200 and rising to a sale value of £1,000 would yield £680 after payment of capital gains tax on the sale. If the same shares were donated to the Charitable Trust, the gift would amount to £1,000, less dealing costs. At the end of the tax year the donor is able to offset the gross amount of £1,000 against income tax liability and receives a rebate of £400. Thus a gift worth £1,000 to the Foundation could cost a donor as little as £280 in net terms.
Tax relief applies to gifts from companies, as well as individuals, whether resident in the UK or not, when calculating income or profits for tax purposes. We advise that donors considering making a donation of investments should consult their accountant or financial advisor.
Donating land
Changes announced in the 2002 budget extended the considerable tax advantages available to donors of shares to donors who wish to donate land. This means donors can claim the current value of the land against their highest marginal rate of income tax as well as being free of any capital gains tax on the property.