Ways of Giving

Major benefactors have played a significant part in many of the capital projects at the School in recent years, including the Courtauld Centre, Prep School Sports Hall and Music School. Smaller donations can prove of great value in that they provide the fuel needed to ensure continuity of development at the School. We have currently 10,000 Old Felstedians registered with the School and if 2,500 were to give £10 per month over a five year period, this would produce an income of £1,500,000!

There are many different way in which you can provide financial support for the School, please follow the links on this page to find further details. Please contact the Development Office on 01371 822649 if you have questions about any of the methods.

In addition, through Gift Aid you can help us make donations go 25% further at no additional cost to you.

Ways of Giving

Single Cash Donation

Single gifts to Felsted School are always appreciated and easily made. There are a number of ways in which you can donate a single gift including by credit/debit card, BACS, PayPal or cheque.

Single gifts of any amount can be made tax-efficiently by individuals who are UK taxpayers, through the Gift Aid scheme. For further information please contact the Development Office, who will be pleased to assist.

Regular Giving

Regular gifts can now be made tax-efficiently by UK taxpayers under the Gift Aid scheme. This has replaced the old deed of covenant arrangements, but the tax benefits remain the same. To set up a regular gift, all that is required is a Banker's Order accompanied by a Gift Aid declaration (both forms available from the Development Office). Giving by standing order helps to spread payments, which may be made monthly, quarterly or annually, according to preference.

Legacies

You might like to consider including a gift to Felsted School in your will.

Throughout Felsted’s history, legacies have been of vital importance in helping the School to provide improved facilities and to enable pupils to benefit from a Felsted education through the award of bursaries and scholarships.

Whether it is The Bury, bequeathed by Lt Col Douglas Phillott; the William Hunt Trust supporting the education of numerous Felstedians through bursarial support or the recent bequests from the Marshall and Skill estates, legacies can help to transform facilities and indeed lives.

Payroll Giving

Through Payroll Giving, you can provide Felsted School with a regular, reliable income stream that allows us to budget, while benefiting you with generous tax relief.

How does it work?

Give to Felsted School from your pay and you can get immediate tax relief of up to £4 for every £10 donated. The donations are taken from your gross salary, reducing the amount of income tax that is deducted from your salary.

What do you need to do?

All you need to do is ask your payroll department to deduct regular charitable donations from your salary by filling out a simple application form, stating how much you would like to give and to which charities. Your donations will show on your payslip.

If your employer does not already have a Payroll Giving scheme in place, don’t worry – it’s quick and easy to set up. Employers sign a contract with a Payroll Giving Agency who will transmit donations on their behalf.

Contact the Development Office to find out more about Payroll Giving today.

For more information visit www.payrollgivingcentre.org.uk

International Giving

There are substantial tax benefits available to US taxpayers by giving to Charities and Foundations, but such bodies must be recognised by the Internal Revenue Service (IRS) and based in the USA.

In order to allow our US taxpayers to donate to Felsted School without removing these benefits, we have registered with the British Schools and Universities Foundation, Inc. (BSUF), a US registered charity. Contributions are deductible for Federal income tax purposes. Bequests, legacies, devises, transfers or gifts are deductible for Federal estate and gift tax purposes.

BSUF operates a reliable system under which monies are properly transferred to the Foundation. Please contact us for further details, or use the following link: www.bsuf.org.

CAF

Single gifts of any amount can be made by cheque or Charities Aid Foundation (CAF) voucher. Please make all cheques and CAF vouchers payable to Felsted School and send them to the Development Office. The School receives no extra tax benefit from gifts made by cheque or CAF voucher. Please visit www.cafonline.org for more information.

Company Giving

The support of companies can benefit Felsted School in a number of ways – and businesses can receive a number of benefits by making a charitable donation to causes like ours.

All companies can get tax relief when they give money to UK charities, although the relief works differently for companies, self-employed people and partnerships. If someone is self-employed and wants to Gift Aid their donation it is handled in the same way as a donation from an individual.

For further details please view:

http://www.hmrc.gov.uk/businesses/giving/companies...

http://www.hmrc.gov.uk/businesses/giving/self-empl...

Gift Aid

How does it work?

So long as you are a UK taxpayer, Gift Aid currently enables you to boost the value of your donations by 25p for every £1 you give. So, for example, if you decide to give £10 to Felsted we will be able to reclaim an extra £2.50 from HM Revenue & Customs. Every penny really does count! What is more, if you are a higher rate taxpayer, you are entitled to claim tax relief on your donations.

What do you need to do?

To donate through Gift Aid, all you need to do is complete a simple declaration (orally or in writing) confirming that you are a taxpayer and that you are happy for us to claim tax relief on your donation. Just one declaration can apply to all donations that you make, until you notify them otherwise. It is that simple.

Gift Aid example for all UK taxpayers

The following examples show the full potential of gifts made to Felsted by a donor paying UK tax at each rate

Gift Aid example for all UK taxpayers

The following examples show the full potential of gifts made to Felsted by a donor paying UK tax at each rate:

Donation Felsted claims Total donation Donor reclaims Donor Net Cost
Basic rate taxpayer (20%) £100 £25 £125 - £100
Higher rate taxpayer (40%) £100 £25 £125 £25 £75
Higher rate taxpayer (50%) £100 £25 £125 £37.50 £62.50

Contact Information

Richard Salmon
Head of Development

Telephone:
01371 822 649

Email: development@felsted.org