Legacies and Donations
MAKE A DONATION OR LEAVE A GIFT IN YOUR WILL: We are an experienced and well-organised grant making charitable trust and we are keen to encourage anyone who wishes to donate or leave money to charity to consider the Summerfield Charitable Trust (registered charity number 802493) as a suitable beneficiary.
A donation or a gift in your Will would help the Summerfield Charitable Trust to continue supporting the many charitable organisations, voluntary and community groups who are committed to improving the quality of life for the residents of Gloucestershire.
Grace Fry Charitable Trust: SCT received a donation in 2015 in the sum of £330,000 from Mrs Grace Fry’s will. She was particularly keen to support the preservation of the countryside and national heritage, Cheltenham charities, children and the disabled, and charities working with cancer. The Trustees have decided to allocate grants of between £10 -15,000 in Grace Fry’s name once a year, whenever an appropriate application presents itself.
Information and links
TAX EFFICIENT WAYS OF GIVING: Legacies are generally exempt from inheritance tax, so a gift in your Will to the Summerfield Charitable Trust could be tax free for us, and in some circumstances, could reduce the amount of inheritance tax your loved ones are liable for.
From April 2012, anyone leaving 10% of their taxable estate to charity will qualify for a reduced rate of inheritance tax from 40% to 36%.
To learn more about about tax efficient ways of giving to charity visit the HMRC website.
MAKING A WILL OR CHANGING AN EXISTING WILL: A solicitor will be able to advise you on everything you need to consider. It’s easy to leave a gift and having a solicitor or other qualified professional write your Will ensures your intentions are clear. To find a local solicitor, visit the Law Society website.
If you have any questions about leaving a gift in your Will to the Summerfield Charitable Trust and would like to contact us, please either call us on 01285 721 211, write to us or complete our contact form.