Ways of Giving

The quickest way to support Eton is via our Online Giving Facility
Click on the icon below to give online now.



Alternatively, print and complete a  Donation Form and return it to us at Eton.

Giving with Gift Aid

UK taxpayers utilising Gift Aid will substantially increase the value of a gift to Eton whilst also reducing their own cost:

Giving Regularly

Regular giving, especially Gift Aided, via a standing order, is a particularly powerful way to support  Eton. Standing order instructions can be found on Eton's Donation Form

Giving via CAF and Charitable Foundations or Trusts

Eton is grateful for contributions via CAF or other charitable foundations or trusts.

Cheques should be made payable to Eton College. Eton's exempt charity number is X6839

Giving a Legacy

Whether writing your Will for the first time or amending it with a Codicil, leaving a bequest to Eton is straightforward, although legal advice should be taken. The suggested instruction letter to your solicitor may be helpful.

Over the centuries numerous legacies have helped to support the school.  In recent years, Eton has: opened a magnificent extension to the Drawing Schools assisted by the generous Hornby Steer legacy; resurfaced the Long Walk from Tim Card’s legacy; added to funds available for bursaries thanks to the foresight of Sir John Smith; used a legacy from Wilfred Thesiger for travel grants.

Eton is a charity registered with the Inland Revenue. Consequently all bequests to Eton are exempt from inheritance tax.

Please click on the following links if you would like to download a form:
Legacy Pledge Form                     Codicil Form
 
There are four types of bequests:

          Residuary bequests

This method is an attractive and advantageous one as it maintains the stated percentage among all residuary legatees, thus protecting all of them equally against a fall in the value of your residuary estate or enabling them all to enjoy any increase in its value. The value of the residuary estate is the value of your taxable estate after specific bequests and inheritance tax which is retrospectively adjusted downwards to take into account that part of the residue bequeathed to Eton.

          Money bequests

A specific amount of money stated in your will.

          Specific bequests

Bequests of personal possessions such as shares, other securities, land and buildings, jewellery, antiques and works of art will have monetary value attributed to them. They reduce the taxable value of your estate in the same way as money bequests.

          Reversionary bequests

Identified assets are left to Eton subject to the right of a nominated beneficiary to use them during his lifetime. The assets are taxable on your death but not on the death of the nominated beneficiary.

Giving Shares

Giving shares to charity is not a new idea, but since April 2000, there is added tax incentive to make share giving even more attractive. Individuals who give shares to charity are entitled to claim back full tax relief against the value of those shares. So, a gift of shares worth £1000 will only cost a higher rate taxpayer £600.

Tax relief is available to UK taxpayers donating shares and securities listed on the UK Stock Market, the Alternative Investment Market, and recognised stock exchanges overseas. It is also available for units in a UK unit trust, shares in a UK open-ended investment company (OEIC), and some similar foreign investments.

You can claim tax relief equal to the market value of the shares on the day you make the gift, together with any associated costs such as brokers' fees. Furthermore, capital gains tax (CGT) on any increase in the value of the shares since you bought them, will not apply. However, if your shares have gone down in value, you should be aware that you will not be able to use this loss to offset any other CGT liability you may have.

When you are ready to proceed, please contact Bill O’Hearn, Eton’s Director of Development, to let him know that you or your representative would like to be contacted about making a gift of shares.  Please tell Bill the name and amount of the stock you intend to gift and whether or not it is certificated or held with a broker.  Also, please provide the contact details of anyone acting on your behalf. Bill will then relay this information to Eton’s agent at Barclays who, in turn, will follow up with you or your agent.

Bill can be reached at:
Development Office, Eton College, Windsor, Berkshire, SL4 6DB
Telephone (01753) 441627
email: w.ohearn@etoncollege.org.uk
 
Eton’s agent, who acts on the college’s behalf to administer gifts of shares is:
 
Mr Donevan Kukul
Vice President, Barclays Stockbrokers
Tel  + 44 (0)20 3555 8428 
Mobile +44 (0)7775 552255
email: donevan.kukul@barclays.com

If this is a matter of great urgency please feel free to contact Donevan Kukul directly.

In the case of certificated holdings, Donevan will establish whether or not the stock is ‘in the Crest system’ or outside it.  Donevan will then send the relevant Transfer Deed to you or your representative along with a Gift Declaration which you must complete and return to Donevan along with the share certificate.

If you are not already a Barclays customer, you will also need to provide a certified copy of your passport and driving licence as well as a combination of two recent utility bills or bank statements in your name from a UK clearing bank.  Certification may be made at a local Barclays Branch.  Under certain circumstances, arrangements can be made for a Barclays representative to collect and certify required documentation.  This requirement is administrative owing to recently enacted financial regulations; a brief instruction packet will be provided.

In the case of broker held stock, in addition to the above identification requirements and Gift Declaration, please advise Donevan whom to contact and he will arrange for his office to act ‘Nominee to Nominee’.  You will need to instruct your broker to co-operate with Donevan’s office and provide Donevan with a hard copy of your written instruction to your broker.

For overseas holdings, it will always be ‘broker to broker’ or ‘agent to agent’.  You will advise Donevan as to whom has custody and Donevan will contact the custodian and arrange the gift.

Eton’s policy is to sell shares in a timely and sensible manner once the stock is in Eton’s custody.  We appreciate that this is dependent upon the liquidity of the shares.  Please advise Donevan if it would be preferable for Eton to conduct the sale via a certain broker or fund manager.