50th Anniversary: How you can help
You can help future students at Churchill College by contributing to the 50th Anniversary Appeal. Your gift can either support the provision of new student accommodation or go towards our student fund which will provide studentships for both undergraduate and postgraduate students.
Gifts of cash by UK taxpayers
The Gift Aid scheme covers all cash donations to the College by UK taxpayers. Under the scheme, the College can recover £25.00
from HM Revenue & Customs for every £100 donated — at no extra cost to the donor. In addition, donors who are higher-rate
taxpayers can reclaim an additional £25.00 themselves on every £100 donated (assuming a basic rate of Income Tax of 20% and
a higher rate of 40%).
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 or Direct Debit arrangement, coupled with a Gift Aid declaration (both forms available on request from the Development Office). Giving by standing order or direct debit helps to spread payments, which may be made monthly, quarterly or annually, according to preference. The tax benefits of regular giving are significant, both for the donor and for the College. For example, a gift costing the donor £250 per month net, over a five year period is worth £25,000 to the College (providing the donor also forwards the higher-rate portion). A gift at this level will fund an undergraduate bursary in their name in perpetuity.
Single gifts of any amount can be made tax-efficiently by individuals who are UK taxpayers, through the Gift Aid scheme.
Gifts of cash by US taxpayers
If you are resident in the USA, you can make a tax-efficient gift to College through CAMBRIDGE IN AMERICA (CAm). Simply send
your cheque, made payable to ‘Cambridge in America’, to:
Cambridge in America, 292 Madison Avenue, 8th Floor, New York, NY10017
and suggest that the Directors of Cambridge in America exercise their discretion and allocate your gift to support Churchill College. Grants from CAm to Churchill College may be made for general college purposes; if you would like your donation to go towards a specific fund or purpose, please indicate this in your covering letter to CAm. If you require any further information or you would like to discuss your support further please visit here.
Gifts of cash by Canadian taxpayers
In order for a charitable gift to be tax-deductible in Canada, it must be to a 'prescribed university outside Canada'. The
University of Cambridge is prescribed for this purpose in the Canadian tax code. The procedure for making a tax-deductible
gift to benefit Churchill College is therefore as follows:
Make your gift payable to the 'University of Cambridge' and send it to:
The Cambridge Foundation, 1 Quayside, Bridge Street, Cambridge CB5 8AB, UK.
In your covering letter, request a receipt from the University of Cambridge for income tax purposes, and clearly state that the gift is for Churchill College, and request that the Cambridge Foundation passes the gift to Churchill College.
Once it has been received from the University of Cambridge, your receipt can be submitted to the Canadian tax authorities, enabling you to offset the gift against income tax.
Gifts of listed shares and securities
Churchill College welcomes gifts of listed shares and securities. New measures that came into force in April 2000 make donations
of this kind particularly attractive to donors. Gifts of listed shares and securities by UK taxpayers attract full relief
from Capital Gains Tax and, in addition, allow the donor to claim Income Tax relief on the full value of the shares or securities
at the time they are transferred to the College — a double tax saving.
For further information, please contact the Development Director.
Gifts of property
Gifts in kind such as property and possessions avoid any Capital Gains Tax on the donor. To discuss how best to make such gifts, taking account of the particular circumstances of the donor, and how to maximise their value to the College, please contact the Development Director.
Giving via Cheque or the Charities Aid Foundation
Single gifts of any amount can be made by cheque, Charities Aid Foundation (CAF) voucher or online via CAF Online . Please make all cheques and CAF vouchers payable to ‘Churchill College’ and send them to the Development Office.
The College receives no extra tax benefit from gifts made by CAF voucher.
Under the Payroll Giving Scheme, employees can authorise their employer to deduct charitable donations from their pay before calculating Pay As You Earn tax. This means that the employee automatically gets tax relief on donations at his or her top rate of tax. There is no limit on the amount that can be given under the scheme. To find out more about payroll giving, please contact your Human Resources or Personnel department.
Many companies now operate gift-matching schemes. When an employee makes a gift to a registered charity, the company matches this donation (in full or in part). To find out if your company operates such a scheme, and to obtain a copy of their matching gift form, please contact your Human Resources or Personnel Department.
Tax-efficient gifts by companies
When calculating their profits for Corporation Tax purposes, UK companies can get tax relief on gifts of listed shares and
securities to Churchill College. UK companies no longer deduct tax from their donations, but simply pay the College the full
donation and claim tax relief when calculating their profits for Corporation Tax.
For further information about how companies can help Churchill College, please contact the Development Director.
Donations by credit or debit card
Donations can be made by all major debit and credit cards, in person or over the telephone. To make a credit or debit card
donation please call:
The Development Office on +44 (0)1223 331546.
Alternatively, you can donate to Churchill College online by clicking a link below:
Virgin Money Giving
Charities Aid Foundation (CAF)