Every donation, however large or small, makes a significant difference to the student and academics at the University and makes an immediate impact.
Working with colleagues within the Office of Development & Alumni Relations, as well as contacts within the Faculties and Schools, the Donor Relations & Gift Administration Unit is responsible for ensuring that philanthropic funds are spent in accordance with our donors’ wishes and that donors are kept informed of what their gifts are achieving.
The University of Southampton is an Exempt Charity (reference X 19140). Certain charities are ‘exempt’ from Charity Commission supervision because they are considered to be adequately supervised, or accountable to, another authority. Although not subject to Charity Commission jurisdiction, an exempt Charity is subject to the legal rules generally applicable to charities.
The benefits of our charitable status are:
The University can reclaim tax from HM Revenue & Customs under the Gift Aid Scheme, increasing the value of any donations received from a UK taxpayer by nearly a third
Higher Rate Tax Payers can also qualify for personal tax deductions on donations made to the University
The University pays no income tax and inheritance tax on gifts of money or property it received. A gift made to the University will reduce a donor’s income tax liability, and makes the gift exempt from capital gains tax.