Giving from abroad

Many of our international donors choose to give by BACS transfer but there are laws governing tax relief on gifts to registered charities which will depend upon where you live 

GIVING FROM THE USA

The US Latymerian Council fundraise for the US Latymerian Bursary, which funds each recipient through two years in Sixth Form at Latymer Upper School. Currently, they are seeking to raise funds for the fifth bursary. Gifts to this appeal are welcome from all members of the Latymer community.

If you would like to make a donation by cheque, please make your cheque payable to “British Schools and Universities Foundation, Inc.” In your gift, you can express a preference for support of “The Latymer Foundation at Hammersmith”. This should be indicated by a notation on the cheque, as well as your transmittal letter. Please post your cheque to: 575 Madison Avenue, Suite 1006, New York, NY 10022-2511

Postmark on or before 31 December to qualify for current-year tax deduction.

You can securely donate by credit card at Network for Good. This can be done as a one-time or recurring donation. Network for Good will deduct 3% from your donation for processing, or you can opt to cover this in your donation. Note that when gifts are made online, your receipt for tax purposes will come from Network for Good.

Stocks and shares - some donors can realise significant tax benefits in giving gifts of marketable securities. Please see Instructions for Donating Securities. To contact BSUF regarding these gifts, please email treasurer@bsuf.org

Gifts over $210 per month (or $2500 per annum) qualify for inclusion in the Latymer Leadership List.

For further details on how to support Latymer from the USA please contact alumni@latymerians.us.

If you are a US taxpayer working in London, you can donate through Anglo-American Charity Limited in favour of Latymer Foundation at Hammersmith. It is possible to take advantage of tax relief benefits in both the UK and the US via Anglo-American Charity. Please see www.anglo-americancharity.org for details of how to make a gift. Do not forget to state that your interest is in the Latymer Foundation at Hammersmith.

GIVING FROM CANADA

Latymerians living in Canada can make their donations to the Canadian Friends of Latymer which is a charitable foundation under Canadian tax law. Any such donation may be fully tax deductible. If you would like to make a donation by cheque, please send it to Trevor Jones (1957) at 176 Old Yonge St Toronto Ontario M2P 1P9. For further details on how to support Latymer from Canada please contact Trevor at tgjont@rogers.com.

GIVING FROM EUROPE

Many European countries are now giving tax efficient benefits for cross-border philanthropic gifts and donations to support foreign charities. The Latymer Foundation is a registered charity in the UK. If you pay tax in a European country, you may be eligible to receive tax benefits.

For more information, please visit www.transnationalgiving.eu.

LEGACIES

The laws on legacies to registered charities will depend upon where your Will is made and where you reside. We recommend that you consult a local lawyer if making or changing your Will to check how legacies to a UK charity are currently treated.

For US residents:

Please note that if you are resident in the United States, a bequest can be made directly to “The Latymer Foundation” or to the “British Schools and Universities Foundation, Inc.”

For Canadian residents:

In a similar way bequests can be made directly to “The Canadian Friends of Latymer Prep School and Upper School”. The trust is a charity under Canadian law and therefore qualifies for tax-exempt status.

For European residents:

Although there is a new EU proposal that would harmonise inheritance rules, currently cross-border estates present particular issues. Please consult a local lawyer if considering a gift to Latymer in your estate plans.

As always, we recommend you seek the advice of a lawyer if making or changing your Will.