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Building a legacy for Selwyn

 

 

“Why have I remembered Selwyn in my Will - in a word: gratitude; or perhaps two words: profound gratitude."

Sir David Harrison (SE 1950, Fellow & Former Master of Selwyn)

 

Recommended Wording

I give to the Master and Fellows of Selwyn College in the University of Cambridge, Registered Charity (Inland Revenue number 1137517), the residue of/ [a proportion of] the residue of my estate/ the sum of £[amount] free of tax for the general purposes of the College, and I declare that the receipt of the Bursar or other authorised officer for the time being of the College shall be a good and sufficient discharge to my executors. 

 

HOW LEGACIES ARE BENEFITING STUDENTS

  • Funding a Selwyn student currently on a bursary for a year of further study. The first studentship will be offered from autumn 2020
  • A vacation residence grant will support students from lower-income families who wish to remain at Selwyn during the Easter vacation to continue with their studies or finish a dissertation – and it will cover the cost of their accommodation. This will be introduced Lent 2020
  • Grants will offer up to £300 for bursary students who are preparing for the next stage of their career, and is intended to help with items such as application fees, travel, clothing or other costs associated with students’ progression into their postgraduate lives. This will also be introduced Lent 2020
  • Matriculation book and equipment grants will be a payment of £100 for all new undergraduates from autumn 2020, with a further sum of up to £250 available for lower-income students. This is to help with the initial costs of being at university
  • Formal Hall tickets. We want everyone to be able to enjoy Cambridge to the full, and we will therefore introduce for bursary holders an entitlement of up to 6 formal hall tickets per year free of charge. This will start from autumn 2020

Since its foundation in 1882, Selwyn has been fortunate to benefit from the generosity of countless alumni and friends who have made provision for the College in their Wills.  This past support has contributed to almost every aspect of college life, and without it, Selwyn would be a very different place today.  Looking forward to the future generations of students at Selwyn, legacies will remain critical to the long-term financial health of the college. 

If you are considering supporting the college in this way, we thank you for your foresight in helping to shape Selwyn's tomorrow.

Tax Efficient Giving

As Selwyn is a registered charity (No. 1137517), leaving a legacy bequest to the college could have tax benefits for your estate by reducing the amount liable to Inheritance Tax (In 2018-19 this is the excess over £325,000). To calculate the value of your estate and how to offset any tax due by leaving a legacy to Selwyn or other charities, please visit the HM Revenue and Customs website: GOV.UK.

The 1882 Society

Those who notify the Development Office of their intention to leave a gift to the college will automatically receive membership of the 1882 Society.  They will receive a certificate of thanks from the Master.  Members of the 1882 Society are invited back to Selwyn for a special luncheon every year.

Where your support will go

Legacies can be directed towards specific areas but contributions marked ‘for general purposes’ can be more flexible as they will allow the college to respond to changing needs in years to come.

Selwyn is delighted to recognise legacy gifts with permanent forms of recognition within the college (including the naming of Fellowships, Bursaries, and rooms in the college.  If you are interested in making this kind of gift, please contact the Development Director
(mgn24@cam.ac.uk).

Making provision in your will for the college is a very personal matter.  If you would like to find out more about legacy giving or discuss the many ways which your support could benefit Selwyn, please contact the Development Office (development@sel.cam.ac.uk) and we will be happy to answer any questions you may have.

 

“About fifty-five years ago the college looked after me, and my bequest is a small way of helping Selwyn to continue to help others.” 

Legator (SE 1955)

 

 

 

Snippets from Selwyn...

 

 

 


 

Development & Alumni Office, Selwyn College, Grange Road, Cambridge CB3 9DQ. Tel:  01223 767 844  Email:  alumni-office@sel.cam.ac.uk

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