Legacies
During the year, legacies totalling £806,299 were received from:
Mr J C A Elwin
Professor R N Franklin
Mrs S E C Hawkes
Mr D J Hook
Mr K C N King
Dr K R Leonard
Mr M G Payn
Mr R J Shapperd
Mr P Stanley
The Revd J Vine
Income from the ten individual legacies went towards supporting a variety of projects including the creation of a new Junior Research Fellowship in European Archaeology, travel bursaries for students, sports and arts activities, and the Ian Walker Fund.
Over £450,000 of the total was unrestricted, providing increasingly vital funds for the College to allocate as need demands. Given the severity of the current financial challenges, such a large sum is transformational for the College.
Writing your will and thinking about how to allocate your assets is a significant, personal and important decision. By remembering Keble in your will you can make a lasting contribution for generations to come. All those who have told us that they intend to leave a gift to Keble in their will can join the Douglas Price Society, members of which are invited to an annual event in College. This year Members were treated to a highly informative and entertaining lecture from College Chaplain, Father Max Kramer, who took us through the history of the Chapel, the stories behind the mosaics, and the clashes between architect William Butterfield and the Governing Body.
As an exempt charity, the College pays no tax on gifts of money or property bequeathed in a legacy. This method of giving also has Inheritance Tax benefits for the legator.
If you would like more information about leaving a legacy to Keble and the related tax benefits involved in doing so, please get in touch.
Nicola Tallett, 1986 BA Metallurgy & Science of Materials
"After my family, Keble College was a key part of my life in those formative years. It’s where I learned independence, how to formulate my thoughts, and as importantly made life-long friends. So when writing my will, having taken care of my family, It’s an honour to be able to leave Keble a gift in my will so that the college can continue to be there for more students years after I pass on.”