How can a legacy gift help?
By remembering Clare Hall in your Will, you can demonstrate your appreciation for the role the College has played in your life whilst making a lasting difference for generations to come.
Time spent at Clare Hall, studying or as a visiting researcher, has enabled students and academics from across the globe to realise their full potential here at Cambridge. We believe in continuing to support the research and education of future generations – however, the current escalation of costs is impacting our ability to do so in the longer term.
Your support will help Clare Hall to maintain its excellence as a college for advanced study, providing the opportunity for visiting academics to become part of our research community and offering tutorial support and pastoral care to our postgraduate students. Changes in higher education funding mean it is essential that funds are available for bursaries and scholarships, to ensure that no talented postgraduate is prevented from studying because of financial hardship.
How to make a gift
If you would like to remember Clare Hall in your Will, please do contact us via email at firstname.lastname@example.org. We would be very happy to talk you through the process, discuss the terms of any bequest and to make sure that we fulfil your wishes.
The area of College life that your legacy supports is of course up to you. It may be helpful to bear in mind that because legacies are realised over the longer term, the best way to help is to leave a gift to the general endowment. A healthy endowment is the best way to futureproof the College and empower it to tackle whatever challenges it faces. With this said, Clare Hall is naturally also happy to receive gifts directed to specific areas of college life.
Whichever option you choose, we suggest that you use the following wording when leaving your gift to Clare Hall:
I give to the President, Fellows and Scholars of Clare Hall, Cambridge (Registered Charity Number 1137491) [the residue of my estate] [_% of the residue of my estate] [the sum of _] free of tax for the general purposes 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.
As a registered charity, Clare Hall pays no tax on gifts bequeathed and a legacy to the College may reduce your estate’s Inheritance Tax liability. Additionally, from April 2012, if a person leaves 10% of his or her estate to charity, Inheritance Tax will be charged on the estate at a rate of 36%, rather than the usual rate of 40%. Potential legacy donors who are already considering leaving a gift in their Will may find under this relief that they can leave more to charity with little impact on the amount left to their non-charitable beneficiaries. More information is available on this.
For those living in the USA, you can also find out more from Cambridge in America on how to leave a gift in your Will to benefit Clare Hall while ensuring tax exempt status.
If you are subject to tax in both the UK and US, you now have the opportunity to give to Cambridge in America (UK) Ltd, a registered charity in England, and be simultaneously eligible for tax benefits in both countries. Gifts by check, wire transfer, of publicly traded securities and of land are accepted.
All legacy gifts to Clare Hall are free from inheritance and capital gains taxes.
Clare Hall’s endowment and investments are professionally managed, and overseen by the College Trustees and the Bursar.
The 1966 Society
The 1966 Society has been established to acknowledge all those who have chosen to remember Clare Hall in their Will. Membership of the Society, named in honour of the year of foundation, is offered to all those who pledge a legacy to the College.
Members of the 1966 Society will receive a lapel pin and they, along with their partners, are invited to attend the annual Legacy Society dinner hosted by the President at Clare Hall to thank them for their gift, and to keep members up-to-date on college news.
If you would like to join the 1966 Society, please complete the form at the bottom of this page.
Our Legacy donors
‘Both Sue and I feel that it is crucial to support the funding of students at Clare Hall during the current difficult times and also for the future. We, therefore, decided to add Clare Hall as a beneficiary in our Wills.’ – Edward Coales, Life Member and Fellow Commoner
Legacy Pledge Form
If you are planning to include, or have already included, Clare Hall in your Will, please let us know by filling in this form. Making a pledge is not a formal commitment but provides us an indication of your intentions which can be helpful for the College’s long-term planning and also allows us to acknowledge your support.
Clare Hall is committed to protecting your privacy; please refer to www.clarehall.cam.ac.uk/data-protection-information