SHORT TERM
- there are always
a number of smaller projects in the development
plan which can quickly enhance the daily life of
the School. Every year we appeal for donations
to the Annual Fund designed to provide these additional
resources we would like to have within the year.
The Annual Fund of 2010 raised £85,000 and we have
high hopes for 2011.
MEDIUM TERM - The
restoration and refurbishment of our historic
buildings is a huge challenge and costs millions.
These projects are only made possible by the
philanthropic support of generous benefactors
in a position to give something back for future
generations and most recently 40 of them enabled
us to fully restore the Allan Bath. Please contact
me or the Development
Director
if you would like to know more.
LONG TERM - Legacies
are our long term strategy and in recent years
major capital projects have sometimes been made
possible by the timely arrival of a legacy. Low
interest rates coupled with longer retirement
mean that donating a large capital sum is simply
not practical during your lifetime, even though
you would like to be a benefactor. Downside is
a registered charity and therefore any bequests
are exempt from any inheritance tax liability.
In these uncertain times you may like to consider
leaving a percentage of your residual estate
once other bequests have been met assured in
the knowledge that the Chancellor won’t be one
of your beneficiaries.