How would a bequest be used?
There are several ways in which bequests to the College are put to use:
The Fabric – it is our duty to maintain our beautiful, historic buildings designed by G E Street, together with the provision of modern teaching facilities, for future generations of students.
A unique opportunity currently exists, with naming rights, for the refurbishment of 24 student study/bedrooms. Each room will cost £12,500 (or £10,000 with gift-aid) to make en-suite, upgrade and redecorate, and can be named after its’ benefactor.
Bursaries – we are committed to building up a bursary fund that can be used to give assisted places to students from anywhere in the Anglican Communion, who would not otherwise have the opportunity to study with us, and also to help those students who encounter financial difficulties during their training.
Research – our Study Centre focuses on research-led teaching as part of ministerial training and formation for the church. The Centre requires funds to build on the concentration of research expertise that exists within the College, for recruiting postgraduates and developing higher-degree awards.
How Can we Thank You?
Our sincere gratitude goes to all our benefactors. To recognise all those who include the College in their wills, they are invited to become members of The Cuddesdon Society with special events twice a year.
If you would like a bequest to be used for a particular purpose, it may be possible to associate your name for perpetuity with a particular fellowship, building, bursary or room.
Making or Changing your Will
If you have already made a will, and now decide that you would like to support the College, all you need to do is to add a codicil. Your solicitor will advise you how to do this and there is standard wording that can be used:
“I give (a full description of the gift and its location) to Ripon College Cuddesdon, Oxford OX44 9EX. I direct that the receipt of the Finance Director for the time being of the College shall be a sufficient discharge to my executors.”*
You can specify a gift of money or any other assets that you leave behind, and any donation made in your will is free of inheritance tax which can help reduce the tax burden on your estate.
*Different laws apply in Scotland so please seek advice on drawing up a will or adding a codicil according to Scottish Law.
If you would like any further information, would like to discuss a bequest, or notify us that you have included the College in your will, please contact the Development Team on 01865 877422 or firstname.lastname@example.org