LEGACY GIFTS TO WELLINGTON COLLEGE
Since its opening in 1859, Wellington College has depended on, and benefited from, the generosity of those who shared the vision of the College’s founders; to create a living memorial to The Duke of Wellington. Indeed, independent schools make up some of the oldest charities in the country. The College in its current form is the result of generations of giving, from the first funders to many Old Wellingtonians and friends of Wellington.
WHY CONSIDER A GIFT IN YOUR WILL
Many people have multiple demands on their finances which might preclude them making a gift in their lifetime. Equally, they may have been supporters of the College in their lifetime and wish to make a final gesture of support. A legacy can be a final tribute to the College, a gift which endures in perpetuity, and one which can be put towards any number of areas of College’s work. Bequests are exempt from inheritance tax (IHT) and for estates leaving 10% or more to charity, there is a reduction in IHT from 40% to 36%.
JOINING THE WATERLOO SOCIETY
We will ask you whether or not you would like to join the Waterloo Society, an organisation for those individuals who have made a commitments to support the College with a legacy gift.