Leaving a Gift in your Will is the opportunity to invest in the future generation of young people and play a vital role in supporting students, research and the wider University.
How legacy gifts make a difference
Legacy gifts play a vital role in helping the University to make a difference both locally and internationally and recent gifts have helped to:
- support a special scholarship programme for students from the most disadvantaged backgrounds
- create a hardship fund for teacher training
- support scholarships for the Engineering Academy
- support redevelopment of University buildings, including Andersonian Library and Biomedical Engineering
- grow emerging enterprise, through Strathclyde Entrepreneurs Fund
How to leave a gift in your Will
It is important to seek legal advice to help you to prepare your Will and a solicitor can advise you on the wording. You should also consider what you would like your gift to achieve and might want to consider the following:
- supporting an area you are passionate about - a field of study/research, or a particular area such as supporting disadvantaged students.
- helping the university to respond to the most pressing need by helping where the need is greatest.
There are two main types of legacy gift:
- a share of your estate (a residuary gift)
- a fixed amount of money (a pecuniary gift)
The gift that holds its value the most is a residuary one. Giving in this way means inflation doesn't erode the value of the gift in the way it does with cash gifts.
The University of Strathclyde is a registered charity and any legacy gift to a charity is deducted from the value of your estate before inheritance tax is calculated.