Leaving a gift to Devon Community Foundation in your will is a powerful way to support your local community for years to come. We’re here to turn charitable giving into grants for grassroots community organisations across Devon. So your legacy will create lasting value, helping local people and causes that matter most to you.
Each year, around 80% of legacy donations go to large charities with an annual turnover of £10 million or more. As a result, many small, grassroots charities that make a vital difference in their communities miss out on much-needed support.
Instead of being a drop in the ocean, your legacy could be life-changing for small, local charities and community groups across Devon by enabling grants to be given forever.
After providing for your loved ones, you may wish to consider leaving a gift in your will to benefit your community. Whether you want to make an immediate impact or create a legacy in memory of someone, we are here to guide and support you. With our expertise, we will ensure your wishes are fulfilled effectively, making a lasting difference to people in Devon.
There are several ways to leave a legacy:
By leaving an unrestricted gift in your Will to Devon Community Foundation, you enable funding to be directed where it is needed most, helping local communities respond to changing challenges and opportunities. Your gift will support a wide range of charitable causes across Devon, creating lasting impact for generations to come. Unrestricted gifts also provide the flexibility to address urgent needs as they arise, ensuring your legacy can make the greatest possible difference.
An Expression of Wishes allows you to share the causes and issues that matter most to you, helping Devon Community Foundation understand the impact you hope your legacy will achieve. While your gift remains flexible enough to respond to future community needs, your guidance helps ensure it reflects your personal values and charitable interests. It is also easy to update over time, allowing your wishes to evolve without the need to change your Will.
Whichever option you choose, we will ensure that your legacy is managed wisely, giving you the confidence that your generosity will continue to benefit the community forever.
Gifts to charity are exempt from inheritance tax. Additionally, if you leave 10% or more of your net estate to charity, the inheritance tax rate on your entire estate reduces from 40% to 36%.
There are several ways you can support local causes with a legacy to Devon Community Foundation. Whether a residuary legacy, pecuniary or specific legacy, we’re able to manage gifts of all kinds.
The residue of the estate or a percentage of the residue which is everything remaining after all the debts, expenses and legacies have been paid. This allows the value of the gift to stay in proportion to the size of the estate.
A fixed sum of money which is made explicit at the time of writing a will.
A gift of goods which is made explicit at the time of writing a Will, for example property or shares.
Devon Community Foundation will not inherit until after the death of another person, who has the benefit of the estate during their lifetime. This ensures that the needs of the testator’s family are protected during their lifetime.
We can accept donations of shares, property, or investments, as well as cash gifts.
Whichever option you choose, we will ensure that your legacy is managed wisely, giving you the confidence that your generosity will continue to benefit the community forever.
Every year, Devon Community Foundation awards hundreds of grants to charities and voluntary groups, improving thousands of lives. With your gift, we could do even more. A legacy, no matter the size, could enable us to:
Thank you for ensuring Devon’s future.
By choosing to leave a legacy to Devon Community Foundation, you are investing in the future of your community, ensuring that your generosity continues to make a difference long after you are gone.
For more information on how to leave a legacy, please get in touch. We would be delighted to discuss your options and help you create a meaningful and lasting impact.
If you’d like to discuss giving with Devon Community Foundation you can contact us via info@devoncf.com or 01884 235 887.
