Giving via a Legacy

Leaving a Legacy

Many people think of leaving money to charity in their wills but often find it hard to choose between the many charities available, especially when they are interested in helping local people. Here the Community Foundation may be able help.

Our commitment to building a permanent, substantial and multipurpose endowment for the local community means that we will always be around to receive such a legacy and ensure that it is best used to help our local community for many years to come. Smaller legacies can be incorporated into our Fund for Cambridgeshire which supports social and community activities and projects throughout the county. A larger legacy could be used to create a Named Fund in memory of the donor and would then precisely fulfill your charitable wishes in perpetuity. Alternatively, you may wish to leave a bequest to help us with our work generally.

You can take advantage of the same benefits as a gift made now when you set up a legacy-based Named Fund, with the added bonus that legacy funds also have no inheritance tax liability, saving your estate up to 40% in tax. And because there are no lengthy legal responsibilities to consider there is no need for large solicitors’ bills. We have a simple agreement that outlines how the fund will operate, which we agree with you.

To learn more about the very special help that the Foundation can offer you with remembering local people your will please contact Jane Darlington on 01223 410535. We can assure you that your enquiry will be treated in the greatest confidence.