Why the Wetherby Prep School Bursary Fund?
Coming to school at Wetherby Prep School is an extraordinary experience. We are immensely proud of the opportunities the school offers which have helped shape and transform the lives of so many boys over the years. The Bursary fund allows us to provide access to the school to boys and families who come from different economic backgrounds, which has the dual impact of making a life-changing difference for the individual student and broadening and enhancing the experience and perspectives of all the students.
The Gold Standard Charitable Trust
The Gold Standard Charitable Trust raises money for bursaries at all schools within Inspired Education’s UK family. However, we have a dedicated Wetherby Prep School Bursary Fund with the goal of supporting boys already enrolled at Wetherby Prep School who have been awarded bursaries, as well as adding one or more additional pupils each year. Donations to this fund will be designated to boys at Wetherby Prep. (If the needs of Wetherby Prep pupils are completely met, funds may be used where the need is greatest among the schools that the Gold Standard Charitable Trust serves).
Tax Advantaged Giving: “Gift Aid It!”
The tax laws of the UK allow you to increase your giving impact substantially if you apply for gift aid. Families in the 45% tax bracket who claim gift aid have an impact 82% greater than the net cost of their gift. For the 40% tax bracket the impact is an additional 67% and in the 20% bracket it is still 25% extra for the students. The table below shows how that works:
Tax Rate | Gift Amount | Post Tax Cost to Donor | Gift Aid | Total to School | % Increase of Impact |
45% tax rate | £10,000 | £6875 | £2500 | £12,500 | +82% |
40% tax rate | £1,000 | £750 | £250 | £1,250 | +67% |
20% tax rate | £100 | £100 | £25 | £125 | +25% |
You can help us be a better and stronger school and allow us to bring in wonderful, interesting and talented students with your gift to the Wetherby Prep School Bursary Appeal.
To make an online donation please click here.
For more information about the Bursary Appeal, other ways to make a gift at the Gold Standard Charitable Trust, click here to review the WPS Bursary booklet or email us on bursaries@wetherbyprep.co.uk