To enable tax-efficient donations from Tufts University’s alumni, parents, and friends in the United Kingdom, we have established Tufts Global UK, Limited, a registered charity in England and Wales. While each donor’s personal circumstances will differ, your cash gift to Tufts Global UK, Limited may be eligible for the UK’s Gift Aid scheme, leveraging an additional 25% for the program(s) you are supporting, and may also be tax-deductible under the US tax code.
To make a gift to Tufts Global UK, Limited, you can send a wire in pounds sterling or US dollars. Please contact us for wire transfer instructions. We also ask that you complete our Gift Allocation Form, or, if you are eligible for Gift Aid, our Gift Aid Declaration and Allocation Form.
If you are eligible for Gift Aid, once you complete our Gift Aid Declaration and Allocation Form, Tufts Global UK, Limited can reclaim from the UK tax authority, His Majesty’s Revenue and Customs (HMRC), the basic rate of UK tax that you have paid or are liable to pay in respect to the amount of your gift. This amounts to 25p for every £1 you donate to Tufts Global UK, Limited. Those who pay tax at higher rates may be able to claim further tax relief in their Self Assessment tax return.
For UK donors who are also US taxpayers, the full amount of your gift (and any Gift Aid reclaimed as a consequence of your donation) should be fully tax-deductible in the US, subject to the usual limitations in the US tax code. You can request a US gift receipt specifying the full US dollar value of your gift for US tax purposes.
Our staff would be pleased to speak with your advisers if it would be helpful to share the way in which Tufts Global UK, Limited has been established and operates.
For UK taxpayers, leaving a charitable legacy in your will can reduce the UK inheritance tax that has to be paid on your estate after your death. There is an additional incentive for people to leave at least 10% of their net estate to one or more UK charities, as a reduced rate of inheritance tax will apply to the remainder of the estate. Please contact us to discuss how a gift to Tufts Global UK, Limited under your will can support education at Tufts University.
To request wire transfer instructions or for questions about your transfer or the forms listed above, please contact Sarah Collin at 020-3380-8435 or at sarahcollin@charityservicesuk.com.
For questions about gift designations, please contact Brooke Anderson, associate executive director of University Advancement, at +1 617-627-4975 or brooke.anderson@tufts.edu.
We are pleased that this opportunity is now available for our supporters in the UK. If you wish to receive information about UK giving opportunities, for example as additional funding options become available at Tufts Global UK, Limited, please complete this form.
*The information above on the tax benefits of giving to Tufts Global UK, Limited is provided for information purposes but does not take the place of legal or tax advice tailored to your particular circumstances. Donors should consult their personal tax advisor to learn if they are eligible for the benefits described here. This information is not intended to be legal or tax advice.
Please find the Privacy Notice for Tufts Global UK, Limited here.