Giving from the UK
How to Make a Gift
For more information about The UK Friends of Georgetown Limited, to make a gift or to obtain a Gift Aid Declaration Form, please contact our company administrator, Eileen Flood, at:
Eileen Flood, Administrator
The UK Friends of Georgetown Limited
19 Norcott Road
London N16 7EJ
Phone: 020 7502 2813
The UK Friends of Georgetown Limited is a registered charity in England and Wales. Gifts to The UK Friends of Georgetown Limited may be simultaneously eligible for tax benefits in both the United Kingdom and the United States. For more information, please contact firstname.lastname@example.org.
Frequently Asked Questions
What are the potential tax benefits of making cash gifts to The UK Friends of Georgetown Limited?
For UK taxpayers:
Gifts made to The UK Friends of Georgetown Limited may be eligible for Gift Aid, a form of UK tax relief designed to encourage charitable giving. Under the Gift Aid scheme, The UK Friends of Georgetown Limited can apply to HM Revenue and Customs (HMRC) to claim the basic-rate income tax that has been paid on the gross amount of the gift, thereby increasing the value of your gift.
For example, at present, if you make a gift of £1,000, The UK Friends of Georgetown Limited will be able to recover a further £250 from HMRC. If you are a UK higher-rate taxpayer, you may be entitled to claim further tax relief in your self-assessment tax return.
For UK taxpayers also subject to US tax:
If you are subject to tax in both the UK and the US, you may be eligible to take advantage of the Gift Aid scheme and other tax relief in the UK and also claim a US charitable income tax deduction for the amount of your gift, including Gift Aid reclaimed, on your IRS Form 1040.
For more information, please consult your tax advisor or visit the HM Revenue and Customs website.
How do I know if my gift is eligible for Gift Aid?
Your gift may be eligible for Gift Aid if:
- You make a monetary gift to The UK Friends of Georgetown Limited (gifts of other assets do not qualify);
- You pay enough UK income and/or capital gains tax to cover the amount of the tax that The UK Friends of Georgetown Limited will claim from HMRC; and
- You provide The UK Friends of Georgetown Limited with a valid Gift Aid Declaration.
Is there a limit to the number of gifts eligible for Gift Aid that I can make to The UK Friends of Georgetown Limited?
What type of currency is accepted by The UK Friends of Georgetown Limited?
Gifts to The UK Friends of Georgetown Limited may be made in GBP sterling or US dollars by check or wire transfer.
How do I apply the Gift Aid scheme to my gift?
Complete a Gift Aid Declaration Form and include it with your gift payable to The UK Friends of Georgetown Limited. You may complete this form so that one gift declaration covers all current and future gifts to the charity.
The UK Friends of Georgetown Limited will then apply to HMRC to claim a portion of the tax you have already paid and advise you of the amount collected. If you pay tax at the higher rate of 40%/50%, you can claim further tax relief in your self-assessment tax return.
At present, there is no limit to how often Gift Aid relief can be claimed.
How will my gift be acknowledged?
The UK Friends of Georgetown Limited will provide a letter of acknowledgement to substantiate each gift (including any amount reclaimed through Gift Aid) for UK purposes. If you are a UK taxpayer who is also subject to US tax, you will also be provided with a separate letter of acknowledgement for US tax purposes. Gifts that are applied for purposes at Georgetown University will receive reunion recognition.
Can I designate my gift to The UK Friends of Georgetown Limited for a specific purpose?
You may earmark your gift to The UK Friends of Georgetown Limited to support a particular purpose or program that is consistent with the objectives of the charity: to advance and promote the charitable educational work of Georgetown University. If you are considering a gift with specific restrictions, please contact us to ensure that The UK Friends of Georgetown Limited will be able to fulfill your intentions.
Can I make a gift to The UK Friends of Georgetown Limited through my estate?
Yes. A UK taxpayer can make a gift to The UK Friends of Georgetown Limited in his/her will by naming The UK Friends of Georgetown Limited as a beneficiary, potentially reducing UK inheritance taxes. The UK operates a reduced rate of inheritance tax in respect of estates where 10% or more is left to charity. If you are considering leaving at least 4% of your estate to one or more charities, you may be able to designate 10% of your estate to charities without decreasing the amount distributed to your non-charitable beneficiaries. Click here for more information from HMRC.
We encourage you to notify us of your intentions so we can acknowledge and steward your intentions appropriately.
Will you accept matching gifts from my employer?
Yes. Many employers in the UK participate in a matching gift scheme to match your donation to The UK Friends of Georgetown Limited. Matching gifts count toward your recognition in Georgetown University’s giving programs. Please inform us if your gift qualifies for a company matching gift scheme. Typically, a company with a matching gift scheme provides a form to be completed and submitted to the charity for processing.
Where can I send my cash contribution?
You can mail your check and Gift Aid Declaration Form to our company administrator, Eileen Flood, at the address below. Please also contact Eileen Flood if you wish to arrange a wire transfer of funds.
Gift Aid Declaration Forms can also be e-mailed to email@example.com.
Can I make my gift via credit card?
At the present time, UK Friends of Georgetown Limited is not equipped to accept gifts made by credit cards.
The UK Friends of Georgetown Limited has provided the information above about UK Gift Aid, UK estate taxation and US charitable deductions for informational purposes and not in an effort to provide tax advice. Because individual circumstances vary, each donor should seek advice from an independent tax advisor.
Registered Office Address – 16 Old Bailey, London, EC4M 7EG
The UK Friends of Georgetown Limited – Registered in England and Wales
Charity Number 1144702 – Company Registration Number 07797410