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Giving More in Different Ways
Warwick Benefactors have been supporting the Annual Fund and our other fundraising activities for over 7 years – over £1,700,000 has been pledged to help benefit the areas of greatest need throughout the University by Warwick graduates, friends and parents of current students.
But did you know that there are various ways for you to give even more without it costing you a single penny extra? And in fact, saving you money!
Donating Shares
Whether you've got a few old BT shares stuffed in a back drawer gathering dust, or you're an active player on the stock exchange with a sophisticated share portfolio, if you gave shares to Warwick you could get personal tax relief of up to 40%!
So, if you gave Warwick £1,000 worth of shares, you would pay £220 or £400 less in income tax (depending on whether you are a basic rate or higher rate tax payer) and also there is no Capital Gains Tax to pay!
If you've got shares that aren't doing very much, why not get them working hard to help support the University of Warwick?
If you'd like to find out more about how you can support Warwick by giving a gift of shares, please take a look at our website for further details.
Give as You Earn
Give as You Earn is a flexible scheme that enables you to make charitable donations straight from your gross salary (before tax has been deducted) to the University of Warwick.
This means that you get immediate tax relief on the value of your donation.
For example:
£10 Pledge
£7.80 Cost to donor (paying 22% tax)
£6 Cost to donor (paying 40% tax)
Also, many employers are encouraging the scheme by matching their employees' donations. To see if your employer offers a Matching Gift scheme, check out our list of companies.
Setting up a donation via GAYE is very easy. Your payments are deducted straight from your salary either as a regular monthly payment or as a one off gift. All you need to do is choose how much you want to give and to which charity or charities, tell your payroll department and they will do the rest.
If your company does not currently offer this scheme, you can ask them to contact the Charities Aid Foundation to find out how they can register.
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Make a lasting difference to Warwick
..... beyond your lifetime
Making a will is a very important task and is the only way to ensure that your assets are distributed according to your wishes after your death. After providing for loved ones, many individuals decide to include a bequest to a charity (or charities). Charitable bequests are paid before tax is deducted, reducing the total amount of inheritance tax due on your estate.
We are in the final stages of putting together an information pack for anyone who is considering making a bequest to Warwick.
A guide on making a will (produced by 'Remember a Charity') can be viewed here.
In addition, there is information concerning leaving a legacy to the University of Warwick available on our website – including suggested wordings and further guidance.
Why I've left a legacy to Warwick
'It's simple really – I feel privileged to have attended Warwick and to have experienced the rigours and delights of a world-class education.
The donations given by graduates help others to achieve their potential – but there is still a lot more that can be done!
The funds left in my estate should be put to good use when I move on to a better place! 90% of whatever will have to be good enough for those I leave behind as 10% of my estate is donated to charity, including a legacy to Warwick – the place that shaped so much of my life.
By leaving a legacy, there's no need to worry – it's taken care of now.'
Julie Jones
BSc Management Sciences, 1978-1981
Medical School Prizes
In July the first Warwick-based students from Leicester Warwick Medical Schools graduated. 63 students successfully completed the accelerated, four-year MBChB course, and will begin their careers as Pre-Registration House Officers in August. The annual intake has grown considerably from the first year, and is now at its maximum of 164.
Outstanding achievements were recognised by the award of Prizes at a special reception after the ceremony. The Prize winners were:
The Faculty of Medicine Prize for Outstanding Contribution to the Community: Sally Edwards and Anna Joseph
The Vice Dean's Prize: Zoe Campbell
The Faculty of Medicine Written Prize: Mohammad Imran Arshad
The British Pharmacological Society Prize for Clinical Pharmacology: Mohammad Imran Arshad
The Faculty of Medicine Clinical Prize: Sabiha Kauser
The WPH Charitable Trust Gold Medal: Lucy Green
For further information contact Gavin Maggs on 02476 575 778 or email gavin.maggs@warwick.ac.uk. |
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The Gifted Entrepreneur Programme
The National Academy for Gifted and Talented Youth is aiming to run, for a second year, its extremely commendable scheme for disadvantaged kids. Called The Gifted Entrepreneur Programme the scheme is for gifted students, aged 11-16 years, who come from disadvantaged backgrounds, and it aims to identify and develop their entrepreneurship skills.
Theory suggests that while gifted youngsters from less privileged backgrounds often do not display their giftedness in conventional ways, they frequently have 'streetwise skills that can be harnessed and encouraged through entrepreneurship.
Last September, with generous support from Goldman Sachs and the Foundation based in the States, 100 secondary school students were identified from schools in London, Sheffield, the West Midlands, and Kent.
Participants had to be members of the National Academy for Gifted and Talented Youth, (children within the top 5% of academic ability in England); be resident in an Excellence in Cities area; be eligible for free school meals; and come from a home without a history of higher education.
Entrepreneurship training was provided by NFTE (UK), and each group was assigned a mentor who was a Goldman Sachs employee, and one who was an MBA student at the Warwick Business School.
Students and mentors gathered at Warwick for an initial training day last November, to be introduced to each other and receive their pack of books and equipment, and a £50 'start-up loan. Over the next five months each group planned and set up a real business, while mentors supported with advice given over a secure online forum.
In March the groups reconvened at Warwick to present their businesses at a competition in front of 200 of their peers, teachers and VIP panel of judges. It was a day full of excitement, suspense and tension with presentations of incredibly high standard and skills masking their youth. The winning group, St Michael's C of E High School, Rowley Regis, were ecstatic to hear they had won a trip to New York, where they visited the New York Stock Exchange and the Goldman Sachs offices, took part in the NFTE Annual Gala Dinner, and saw New York from many angles, including from a helicopter! Bear in mind that only one out of these six young people had ever been outside of England.
The most immediate result of note was the extremely high quality of the businesses as presented. An MBA mentor commented that the Powerpoint presentations were equal to Warwick Business School standards. The businesses were very diverse, including tuck shops, manufacture of artefacts, a range of services (car-washing, graphic design) a talent-spotting venture and an Ebay-style auction.
The most rewarding surprise was the effect on personal aspirations and attitude to higher education: an astonishing 53% said they were now 'a lot' more likely to apply to university as a result of taking part in the scheme. It was clear that the experience of coming to Warwick had been very influential on several. The effect on students was echoed by responses from teachers with 58% reckoning that overall achievement in school had improved.
The pilot year of the scheme has shown a remarkably positive effect on confidence and aspiration. The scheme will not, of course, solve all the problems that this socio-economic group faces, but it is special in recognising and directly addressing some of them: lack of confidence, lack of hope, lack of exposure to alternative models for the future, lack of money. It engages youngsters by helping them use their skills to practical advantage for themselves and their communities, while at the same time opening up new horizons and affirming the benefits of formal education.
The Gifted Entrepreneur Programme depends on support from established businesses to find and encourage the entrepreneurs of the future. If you would like to get involved, please get in touch with julia.read@warwick.ac.uk, tel: 024 765 74775. |
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Warwick Business School & The Fund for Academic Excellence
The Dean, Professor Howard Thomas, would like to thank all those alumni who have already given to the Fund for Academic Excellence, both through one-off gifts and through supporting the School on a regular basis.
"The support of Warwick Business School's alumni and friends is critical to our success" (Dean Howard Thomas)
At the beginning of the year, WBS launched The Fund for Academic Excellence, which seeks to support three main roles: helping to recruit the very best students through providing scholarships and a commitment to excellence in teaching; helping to recruit the very best Faculty to ensure excellence in research; and to help keep improving facilities at the School.
If you would like further details about the Fund for Academic Excellence and making a gift, please contact Ben Plummer, Development Executive, on +44 (0)24 7652 4188 or email
ben.plummer@wbs.ac.uk. |
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Please click on the link below
if you would like to find out more
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