Newsletter Summer 2010 - the Benenden School Trust

Pyramid of giving
A guide to gifts needed to raise £3+ million for Science at Benenden
50 x £1,000
20 x £5,000
50 x £10,000
30 x £25,000
20x £50,000
3 x £100,000
1 x £300,000
1 x £500,000
“
Donations are welcomed either as one off gifts, or in annual instalments
over three to five years
To make a gift to the Science campaign please contact: Debra Price, Development Director, Benenden School Trust
Tel: 01580 240484 Email: dp@benenden.kent.sch.uk
“
Examples of giving (if a 50% taxpayer, from 6 April 2010)
Donor gives Trust - £780 per year over 5 years = 3,900
Trust claims from HMRC (via Gift Aid) 975
Transitional relief claim by Trust (until 5 April 2011) 125
Donor claim from HMRC (if 50 % taxpayer from 6 April 2010) 1,463
Net Cost to Donor 2,438
Total Benefit to Trust 5,000
Donor gives Trust - £1,560 per year over 5 years = 7,800
Trust claims from HMRC (via Gift Aid) 1,950
Transitional relief claim by Trust (until 5 April 2011) 250
Donor claim from HMRC (if 50 % taxpayer from 6 April 2010) 2,925
Net Cost to Donor 4,875
Total Benefit to Trust 10,000
Donor gives Trust - £4,680 per year over 5 year = 23,400
Trust claims from HMRC (via Gift Aid) 5,850
Transitional relief claim by Trust (until 5 April 2011) 750
Donor claim from HMRC (if 50 % taxpayer from 6 April 2010) 8,775
Net Cost to Donor 14,625
Total Benefit to Trust 30,000
Donor gives Trust - £7,800 per year over 5 years = 39,000
Trust claims from HMRC (via Gift Aid) 9,750
Transitional relief claim by Trust (until 5 April 2011) 1,250
Donor claim from HMRC (if 50 % taxpayer from 6 April 2010) 14,625
Net Cost to Donor 24,375
Total Benefit to Trust 50,000
Donor gives Trust - £15,600 per year over 5 year = 78,000
Trust claims from HMRC (via Gift Aid) 19,500
Transitional relief claim by Trust (until 5 April 2011) 2,500
Donor claim from HMRC (if 50 % taxpayer from 6 April 2010) 29,250
Net Cost to Donor 48,750
Total Benefit to Trust 100,000