Legacy Giving

Through a bequest you are able to reach out to Shrewsbury School and establish a bond that will live on in perpetuity. By giving through your will, you will be contributing to Shrewsbury School’s excellence and success, alongside the generations before you. As a registered charity, the Foundation pays no tax on property or monies bequeathed by a legacy. In addition, a bequest, whether it is residual or specific, may have tax benefits for your estate by reducing inheritance tax. Further information can be found in our legacy brochure.

Whilst Shrewsbury reviews and establishes areas of most need, bequests allow the donor to specify areas of particular interest. By contacting the Foundation to discuss your intentions, we can ensure that your specific wishes can be honoured. Of course depending on the size of your gift, recognition can include naming of scholarships, bursaries, rooms, buildings etc. In order to honour those individuals that have thoughtfully included the School in their will, the Trustees of the Foundation have created the 1552 Society. If you have remembered Shrewsbury School in your will and would like to become a member of the1552 Society please do let us know.

If your estate is worth over £325,000 when you die Inheritance Tax may be due.  From 6 April 2012, if you leave 10 per cent of your estate to charity the tax due may be paid at a reduced rate of 36 per cent instead of 40 per cent.

As always you should contact your legal advisor to discuss the specifics of your gift and associated reductions to your estate tax burden.