|Many Old Denstonians have benefited over the years from financial assistance given by the Scholarship and Bursary Fund. The Foundation will continue to support this Fund, enabling us to offer a Denstone education, with all its benefits, to an ever wider range of pupils.
Along with making bursaries available to pupils who may not otherwise have the opportunity to have access to Denstone, our current fundraising also includes:
There are also other academic scholarships and additional scholarships in art, drama, music and sport offered in recognition of exceptional talent and achievement. We must make sure that we can continue to offer this outstanding education to those who may not otherwise be able to afford it.
How you can help
There are many ways in which you can make a donation, and there are also several ways of enhancing the value of your donation.
A simple donation
You may choose simply to make a donation, and of course your generosity will be much appreciated. However, if you are a UK tax payer, please consider gift aid.
Gift Aid Payment
If you are a UK tax payer, we can claim the tax back on any donation under the Get Britain Giving charity regulations, currently 28p for every £1 you give. This means that for every £200 given to the Foundation, we can reclaim £56 from the Inland Revenue – making your contribution worth £256.
You could arrange a Standing Order payment to the Foundation. Payments can be made monthly, quarterly or annually. For example a covenant of just £20 per month for a period of 4 years would produce an income of £1,229 after we had reclaimed the tax back.
Gifts of Stocks and Shares
In what amounts to a double tax-break, individuals who give shares to registered charities are not liable for capital gains tax; and can also claim income tax relief at their top rate of tax on their Self-Assessment return.
Payroll Giving Scheme
This is a very easy way to give money to charity. All that is needed is to ask your employer to make a regular donation on your behalf before calculating PAYE tax. This way you automatically receive tax relief at the top rate. If you wish to donate through the Payroll Giving Scheme please contact your payroll department for a form.
Since April, 2004, individuals who complete a Self-Assessment Tax Return can nominate a charity to receive all or part of any repayment due to them by completing a section on the tax return and stating the code of the chosen charity. Our registered charity number is 1102588.
To simplify corporate giving, companies simply pay donations to charities ‘gross’ and do not have to make a Gift Aid declaration. The Company simply makes a donation and then claims tax relief when calculating profits for corporation tax.
A gift to Denstone by bequest is one of the most welcome philanthropic gifts you can make. It gives the College the opportunity to honour and thank you in your lifetime and to keep your connection with Denstone in perpetuity. Those who contribute to the future of Denstone through a bequest, or indicate that they have included Denstone in their Will, will be invited to become members of The Denstone 1868 Society, named after the year in which the College was founded.
For further information and confidential discussion, please contact the Development Office
You can download a donation form and details of how to join the Denstone 1868 Society by following the links below: