The Grassroots Endowment Challenge
The Oxfordshire Community Foundation is building its fund for the future and is offering you, as an individual or company, the opportunity to secure a place for your name in perpetuity.
What’s more, the Government will match your gift 100%.
This challenge is open to a limited number of people and companies each year for the next three years.
The maximum size of an endowment is limited to £300,000 but the typical commitment is likely to be around £25,000 to £50,000.
The challenge aims to raise £1.25 million from individuals and companies, enabling a further £1.25 million from the Government to take the total to almost £2.5 million. The income from the fund will be used in perpetuity to meet community needs throughout Oxfordshire.
You will make a lasting difference.
How it works
Based on an example gift of £25,000;
|
Your endowment
plus (for UK taxpayers)
Gift Aid of 22% is added
plus
The Government adds 100%
TOTAL |
£25,000
£5,500
£30,500
£30,500
£61,000 |
So effectively you more than double the value of your endowment.
In addition, if you’re a 40% UK tax payer, you can claim further tax relief.
The Government funds are provided by the Office of the Third Sector in the Cabinet Office.
To take part in the challenge or to find out more, please contact:
Anna Moon, Chair, OCF
Tel: 01865 798666
