Leaving a legacy | Croydon High School

What is a legacy?

For many, the ability to make donations in their lifetime is limited. Leaving a gift in a will can provide a more suitable opportunity to make a significant contribution.  Whatever the amount and wherever it goes, you can be sure that your generosity will make a real difference to the school and, in the case of bursaries, will be life transforming.

If you would like to find out more about Legacy giving, please contact – in absolute confidence – Fran Cook, Director of External Relations at Croydon High. Her email is f.cook@cry.gdst.net or she can be reached on 020 8260 7565.

FAQ’s about Legacy Giving

  • This is your choice and specific requests can be included in your Will. Legacies can be directed to bursaries or scholarships or to the Head’s discretionary fund which will assist with any particular projects that are underway when your legacy is received.
    An unrestricted gift gives us the greatest flexibility to direct your gift towards our educational priorities at the time, but we know that you may wish to support a particular area. Expressing specific requests as wishes will ensure that we can still receive your gift in the future and use it as you intended.

  • You can leave a residuary (share of estate), pecuniary (set sum), or a particular item (stocks and shares or particular items of value).

  • Every gift makes a difference no matter what the size. While you should first think about your personal circumstances and providing for those you care for, a residuary gift is a great way to ensure that whatever happens in the economy your generous intentions will not be affected.

  • You should include our name, the GDST’s name and charity number (306983), the GDST’s registered address (10 Bressenden Place, London, SW1E 5DH) and if you would like the gift to benefit a particular area (such as bursaries).

  • All legacies are exempt from inheritance tax and if you leave over 10% of your estate to charity it can reduce the level of inheritance tax you pay overall. We recommend that you consult your solicitor to draft a tax efficient Will.

  • If you already have a Will, in most cases you can make a simple addition or amendment with a Codicil. This supplement overwrites existing instructions without the need to revoke or rewrite the whole document. We always recommend that you seek the advice of a solicitor and do not write on, amend or attach any form to your current Will yourself, as your Will could become invalid.

  • It is entirely up to you if you wish to let us know about your intentions. You do not have to inform us or let us know how much you are intending to give. If you would like to share this with us, we recognise that this is a very meaningful commitment from you. Letting us know your intentions gives us the opportunity to thank you and keep you updated on our work and the school.

  • Of course and you should not feel obliged to let us know

Please click HERE to find out about supporting our bursary campaign and HERE to find out about offering your time and expertise.

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