Girton College Newsletter 2020

Page 10

Legacy

Creating A Legacy The College aims to provide the highest standard of all-round education and care for its 800 undergraduate and graduate students. Places at Girton are offered entirely on merit irrespective of family background, financial circumstances, ethnicity, gender or other protected characteristic. Alongside this commitment to its students Girton supports a world-class Fellowship and maintains first-rate facilities. Girton is achieving these aims by offering bursaries, fellowships, and hardship awards, and by carefully maintaining and expanding its estate and invaluable academic and cultural collections. The College could not do this without the generosity and forethought stemming from gifts in Wills. These gifts are transforming the College, enabling the College to transform lives. The number of supporters who have indicated that the College is included in their Will continues to grow and, in addition, many have very kindly chosen to give an estimate of the pledge value. This totals over £15 million and this value is contributing to A Great Campaign’s targets. If you feel able to join this band of supporters in helping Girton to deliver its world-class learning, teaching and research experience, please do get in touch. The College recognises that such pledges and estimates are not legally binding, but they help us to say thank you and find out more about the aspects of the College that are important to you.

Making a Gift in your Will You can choose to make a cash gift or donate a proportion of your estate (even 1% can make a big difference). Girton College is a registered charity (Registered Charity Number 1137541) so including the College in your Will may reduce your

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Spring 2020

A private recital by tenor Nicholas Mulroy for 1869 Society Members estate’s Inheritance Tax liability. When making a Will we suggest that you use the following wording: ‘I give to the Mistress, Fellows and Scholars of Girton College, Cambridge (Registered Charity Number 1137541) [the residue of my estate] [_____% of the residue of my estate] [the sum of _________] free of tax for the Unrestricted Permanent Endowment Capital of the College and I declare that the receipt by the Bursar or other authorised Officer of the College shall be good and sufficient discharge to my Executors.’ We recommend that you seek professional advice when making or amending a Will. Information regarding gifts in Wills, including information on planned giving for our US-based alumni and supporters, is available on our website: www.girton.cam.ac.uk/legacy. For a confidential conversation please contact the Development

DEEDS OF VARIATION If you are a beneficiary under a Will, you can transfer all or part of your inheritance to the College under a Deed of Variation. Such transfers are usually free of Inheritance Tax and allow Girton to benefit during your lifetime.

Director on +44 (0)1223 339893, d.easlick@girton.cam.ac.uk, or the Legacy Officer on +44 (0)1223 338901, e.cornwall@girton.cam.ac.uk.

Recognising your Generosity Should you choose to notify the College of your intention to remember Girton in your Will, you will be invited to join the 1869 Society; members receive a purple lapel pin and are invited to special events from time to time. By making a gift to Girton in your Will you are supporting a pioneering institution with an exciting future – thank you.


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