Every gift to the College, at any level, makes a difference. By supporting Sidney, you are helping to transform the future through our students and our research.
Regular giving is one of the best ways to support Sidney: you spread the cost of your gift while we receive a predictable stream of financial support, enabling us to plan for the long term.
Monthly or yearly gifts can soon add up to create a big impact. In fact, if only a quarter of our current alumni gave us £25 a month, or £300 per year, it would cover all our current student support.
Every gift to Sidney makes a difference, and contributes to achieving our aim of supporting excellence in research and education.
You can donate easily online, while allowing us to benefit from Gift Aid (UK) or other tax-efficient giving initiatives.
A gift in your Will
Leaving a gift to Sidney in your Will is one of the most powerful ways in which you can make a meaningful contribution to future generations of students without compromising your current finances.
Tax efficient giving from the UK
- Gift Aid
If you are a UK taxpayer, Gift Aid is one of the easiest ways to make your donation tax effective. The College can reclaim basic rate tax on all gifts you make, provided that you have paid an amount of UK income tax or capital gains tax equal to the amount reclaimed. This means that for every £1 you give, we receive £1.25. Gift Aid is directed to the Sidney Sussex Permanent Fund, which is invested in the Amalgamated Fund to generate a stream of unrestricted money, creating a resilient model for long term financial security.
If you are a higher-rate tax payer, you can reclaim the difference between the basic and higher rate of tax in your self-assessment tax return.
Please remember to sign the Gift Aid section on the donation form if you wish to take advantage of this scheme.
- Payroll Giving or Give as you Earn (GAYE)
Payroll giving is a way of making a donation direct from your salary before income tax is calculated and deducted, while Sidney receives the tax that you would have paid. For every £1.25 you wish to donate, you only have to pay £1. Your HR department should be able to help set this up.
In addition, some companies offer matched giving schemes through which they can double or even triple charitable donations from their employees. Please check with your HR department to see if your company participates in a matched giving scheme.
- Shares, securities, property
Gifts of shares, securities or other assets are another tax-efficient way of benefiting the College. These gifts can be transferred free of Capital Gains Tax. Please contact us for more information.
Tax-efficient giving from outside the UK
If you are not a UK taxpayer, please contact us to discuss ways in which you can maximise your donation through identifying suitable tax-efficient giving schemes.