Legacies and The 1845 Society
Membership of the 1845 Society, named after the year in which the College was founded, is open to all those who have pledged a legacy gift to Brighton College. The purpose of the Society is to encourage legacy giving and to give the College the opportunity to honour and thank Legacy givers in their lifetime, maintaining their connection with the school in perpetuity. Members of the 1845 Society are invited to attend an annual lunch at the College, to meet fellow legacy pledgers and to keep up to date with schooldevelopments and plans.
Remembering Brighton College in your Will
A legacy to Brighton College is your opportunity to support the education of future generations, helping to provide first class resources for teaching and learning, and to make a Brighton College education available to as many deserving young people as possible.
There are a number of reasons that our benefactors choose to give, whether to express gratitude for the education they received, to impact upon future generations who may not otherwise have the opportunity of a private education, or to honour the name of a loved one. Whatever the reason may be, as a benefactor you can feel safe in the knowledge that your legacy will allow pupils to benefit from an education that will shape their future.
You can leave a legacy for Brighton College to invest wherever the need is greatest. Or, alternatively, we also welcome gifts that are focused around a personal passion or interest, such as sport or art.
For information on making your Will, click here.
The Benefits of Legacy Giving
Many who are unable to give as much as they would like in their lifetime, find a legacy gift can be an attractive alternative. As Brighton College is a registered charity, any bequest, whether it takes the form of cash, shares or property, will normally be exempted from tax. The value of a legacy to Brighton College will be deducted from your estate before any tax liability is calculated, and may even result in your estate paying no tax at all.
Types of Legacy
If you are considering a legacy to Brighton College, there are a number of different types of legacy that you can make:
- Residuary legacy: this is the balance of your estate once all other gifts and expenses have been deducted. You can leave the entire residue to one beneficiary (a person or a charity for example) or it can be divided among a number of beneficiaries. An important aspect of residuary legacies is that they do not lose their value over time.
- Pecuniary legacy: this is a fixed sum of money. When making this sort of legacy it is well worth reviewing your will regularly, as specific amounts will decrease in value over time. Alternatively you can index-link the sum to inflation, so that the value of the bequest remains as originally intended.
- Specific bequest: this is an individual item of value such as a property or an item of jewellery. It may be that you wish us to add an item to our collections; if this is the case, please do discuss this with us before making your will.
- Reversionary bequest: a gift allowing you to leave assets to the College whilst giving a named person the benefit of the assets during his or her lifetime.
Wording for Your Will
It is very easy to include a bequest to Brighton College in your Will. One of the phrases below can be inserted; alternatively if you have already drawn up a Will, you may add a bequest as a Codicil .
The following wording can be used as a guide, but we strongly recommend that you seek professional legal advice.
A residuary legacy:
I give to Brighton College, Eastern Road, Brighton, BN2 0AL (Registered Charity Number 307061) xx% / all of the residue of my estate for its general purposes.
A pecuniary legacy:
I give to Brighton College, Eastern Road, Brighton, BN2 0AL (Registered Charity Number 307061) the sum of £x for its general purposes.
Supporting specific areas of our work
Most people choose to support the College's work as a whole. However, if you would like to support a specific area, we suggest the following wording.
I give to Brighton College, Eastern Road, Brighton, BN2 0AL (Registered Charity Number 307061) (state the % residue or sum of money you wish to give) and request without obligation that it be used by Brighton College for:
1 A specific College department, such as Music, Drama, Sport
2 Capital Projects
3 A specific House
4 Scholarships and Bursaries
If you do wish to pledge a legacy to the College, or would like further information please contact Scott Sheridan on firstname.lastname@example.org or 01273 704375.