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For Charity

Family Charities and Foundation Solicitors

Family charities or foundations can be an ideal solution for families with philanthropic objectives. They provide the framework for those who wish to substantially give to charity or wish to make substantial gifts to charity by their Will.  

Our Family Charities and Foundations Solicitors understand the unique aspirations and challenges that come with creating a lasting legacy through charitable giving. We are here to guide you through the process, ensuring your philanthropic objectives are not only met but exceeded.

Why choose Family Charities and Foundations?

Charities and foundations of this nature offer a structured framework for those who wish to make substantial contributions to charity during their lifetime or leave a lasting impact through their Will. Beyond the altruistic satisfaction, engaging in charitable giving brings a myriad of tax benefits that can significantly enhance the impact of your contributions:

  • Income Tax Reliefs under the Gift Aid Scheme - Maximise the impact of your donations by benefiting from Income Tax reliefs through the Gift Aid scheme.
  • Capital Gains Tax (CGT) and Income Tax Relief for lifetime gifts - Enjoy the freedom of gifting property or assets during your lifetime, knowing that they are exempt from Capital Gains Tax and Income Tax relief by deducting the value of your gift from your total taxable income.
  • Inheritance Tax exemptions for legacy gifts - Leave a lasting legacy without the burden of Inheritance Tax. Legacies to charity in your Will are entirely exempt, ensuring that your intended beneficiaries receive the full value of your bequests.
  • Lower Inheritance Tax rate for significant charitable bequests - By gifting over 10% of your estate to charity in your Will, you will benefit from a reduced Inheritance Tax rate of 36% on the remaining estate, allowing you to allocate more to the causes you care about.

Crafting a family legacy

While the tax advantages are compelling, there's much more to family charities and foundations than the tax benefits. By establishing a family charitable trust or foundation, you gain the opportunity to actively participate as a trustee, playing a pivotal role in shaping how your charitable funds are spent.

The charity or foundation can be set up with a specific purpose in mind or to achieve a variety of charitable objectives throughout the generations of your family. If a family legacy is your ambition, then a trust or foundation will enable you to involve your children who may not yet have the funds to give substantially.

Contact our Family Charities and Foundations Solicitors

If you are interested in family charities or foundations and would like to discuss your options for the future with a member of the team, you can contact one of our experienced lawyers from our offices in AndoverRomseySalisburyTotton or Witney by using the Contact Form, emailing or calling your local office: