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Leaving a gift in your Will to Churchill College
Giving through a Will is often the simplest and most affordable way of supporting the College. The College welcomes gifts by legacy of any sum and to support any aspect of its life and work.
It is very easy to set up a legacy via a codicil to your Will giving either a specific amount or a percentage of the value of your estate. Legacies need not be large to make a difference – many such gifts are 1% of the total value of the donor's Will – and you can write a gift into your Will at any time.
Churchill College is a charity, which means that for UK tax payers any gift in a Will or codicil to a Will comes out of any inheritance tax liability. There is also a provision which further reduces the rate of inheritance tax on the whole estate from 40% to 36% if 10% of the estate is given to charity.
Gifts arising from Wills play a key role in enabling the College to fund core needs and to grasp opportunities as they arise. Your legacy could support a fellowship, scholarship, a new building or restore the fabric of the College thereby creating a lasting memorial; we are always willing to name any of these in memoriam, if the gift level is appropriate.
The template codicil includes the wording that should be used in a regular Will. If you would like professional advice on the drafting of a will or codicil, the College can recommend Mills & Reeve, a local law firm with offices across the country. The College regularly works with the firm and a discounted rate will be offered for all Churchill College legators. Please contact Chris Belcher at Mills & Reeve for more information (click on link below).
Winston S. Churchill 1958 College Society
Membership of the Society, which is entirely voluntary, accords recognition to all individuals who pledge, or indicate that they will give, a gift in Will to the College.
Each year, a Winston S. Churchill 1958 College Society event is held for new and existing members in appreciation of their legacy commitment to the College. At this year's event, guests attended a drinks reception followed by lunch in the Fellows' Dining Hall and a music recital by a current student.
All those who have been formally admitted to the WSC 1958 Society at the annual gathering of members (and have given permission for their names to be listed) are included in the Member list of the Winston S. Churchill 1958 College Society printed in the annual Churchill Review.
For more information please contact the Development Office:
Fran Malaree, Development Director T: 01223 336197
Hilary Stimpson, Development Officer T: 01223 336240