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Parental support is vital to the success of any school. Here at K.E.S. we are fortunate in having many parents who are able to contribute to School life in a number of ways. These include:
King Edward VI School Fund “Pound-a-Day” Scheme
One of the greatest strengths of the School is the huge range of additional extra-curricular and enrichment opportunities that are made available to all of our students. Unfortunately these activities do not attract funding from central government but we have traditionally been able to rely upon parental voluntary contributions to the School Fund to support this programme.
This money provides vital on-going financial support including the subsidising of School trips and expeditions, assistance with musical performances and drama productions, transport and refreshments for sports fixtures, academic/extra-curricular competition entry fees, hire of specialist facilities and insurance cover for equipment and students.
However, as a result of the significant funding cuts we face as a state school, we are increasingly reliant on parental contributions to the School Fund not only to ensure that the extra-curricular provision that we currently offer remains sustainable but also to help enrich the full spectrum of the School’s work.
If you would like to contribute towards the King Edward VI School Fund “Pound-a-Day” Scheme (a suggested amount is £30 per month or £365 annually), you will see on the attached Donation Form that there are various higher and lower amounts that you can choose to pay through convenient standing orders. There is also the ability to claim back tax if you are a higher rate taxpayer. Please do note that it is very important that you also complete the Gift Aid Declaration, if relevant, as it will ensure that we gain the maximum benefit from your contribution.
We thank you for considering our request. Please return completed forms to the School Office.
The Donor Wall is an art installation in the lobby of the Spender Building featuring wooden book spines engraved with the names of those who have made a donation to the School. Three categories of donation are available, which are reflected in the size and engraving options for the book spines.
There is also the opportunity to become an official Benefactor of the School for gifts received in excess of £10,000, which will be marked through an engraved shelf.
The Donor Wall is being commissioned in sections, as donations are received, and will therefore be a long-term scheme open to parents and supporters of the School.
If you wish to make a donation at any time, please complete the attached donation form, giving us details of the engraving you wish for the book spine. Payments can be made by bank transfer or cheque, or by standing order for monthly gifts. If you have any queries or wish to discuss making a donation please contact firstname.lastname@example.org or the School Office. Please return donor wall forms to the School Office.
Tax Benefits – Making your gift go further
Any donation made to School can be enhanced through tax arrangements
As the School Fund has charitable status, we can claim back the basic rate of tax you have paid on your gift, at no extra cost to you. This means that for every £1 you give, the School can claim an extra 25p in Gift Aid from HMRC.
Tax Relief for Higher Rate Taxpayers
If you are a higher rate tax payer, you may be entitled to claim tax relief of 20% or 25% of your gross gift to the School – the difference between the basic rate of 20% tax and the higher rate of 40% or 45% tax.
Gifts of Shares
If you make a gift of publicly quoted shares, you will be eligible to claim income or corporation tax relief at 40% of the current market value of the shares. You will also be exempt from paying capital gains tax on gifts of quoted and unquoted shares, works of art and property.
If your employer has a payroll giving scheme, you can give any amount to School and receive immediate tax relief at your highest rate. Please contact your tax or financial advisor for individual information.
Many employers offer a match-funding scheme whereby money donated to a charitable organisation by an employee is matched by a donation from the employer. If your employer offers such a scheme, this can be extremely beneficial to School. Please contact us at email@example.com to discuss this.
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