Regular giving
Give by standing order or direct debit
To make a regular gift to Magdalene, please download and complete a donation form with Gift Aid Declaration, which allows you to add Gift Aid to your donation at no extra cost to yourself. If you would like to make your gift by direct debit instead of standing order, please download the separate direct debit form as well.
Click here to download a Donation Form
Click here to download a Direct Debit Form
Give as you earn (GAYE)
This a simple tax-efficient method of giving direct from your salary, which authorises your employer to make a donation from your wages before deducting tax. Donations via GAYE are deducted before tax but after deduction of national insurance contributions, and because you donate before the tax is calculated you only pay tax on what is left.
You can use payroll giving providing you are an employee or pensioner and your employer deducts tax from your pay or pension and your employer operates a payroll giving scheme by a government-approved giving agency such as CAF or JustGiving. Please contact your employer about taking advantage of this scheme.
Single gifts
Make a single gift
To make a single gift to Magdalene, please download and complete a donation form with Gift Aid Declaration and send it in with your donation:
Click here to download a Donation Form
Cheques, bank transfers and CAF vouchers
Single gifts can be made to the College via a cheque sent to the Alumni & Development Office, made payable to 'Magdalene College'. For those with CAF or sovereign accounts, a voucher can be sent to the College for us to complete. It is not possible to claim gift aid on gifts made via CAF vouchers.
Credit card and direct transfer
The Alumni & Development Office can also accept donations by credit card (all major cards except American Express are accepted). This can be effected over the telephone. If you wish to transfer any funds direct to Magdalene’s account please contact the Alumni & Development Office for the relevant IBAN number.
Self-assessment tax return
If you are a self-assessed tax payer you can use your tax return form to donate all or part of any repayment due to you to a charity. The donation will be sent directly to the College. You can also choose to Gift Aid the donation: the College’s unique code for this purpose is 'las31yg'.
Donating shares
If you donate shares to Magdalene, relief from both Capital Gains Tax and Income Tax are included. For example, a gift of £10,000 could cost you a minimum of just £2,000:
£10,000
Qualifying assets gifted
to charity that have a
100% capital gain |
|
minus
£2,800
Capital Gains Tax
on total capital gain
|
|
minus
£5,000
Income tax relief on
the £10k gift for a
50% tax payer |
|
equals
£2,200
net cost to owner
£10,000
to Magdalene |
Matched/company giving
Many companies offer matching gift programmes to encourage their employees to support charities. Please get in touch with either us or your HR department to see if your organisation matches gifts. We alse welcome and are grateful for gifts from companies. The value of your gift can be taken into consideration when calculating your company’s tax liability.