New Funding Programme for the Queen's Diamond Jubilee
We are now administering the Queen's Diamond Jubilee Fund, your event/project must be a celebration for The Queen’s Diamond Jubilee, and take place on 2nd, 3rd, 4th and 5th June 2012 !
FACT 5
We are an organisation of people who aim to improve the lives of others in Cornwall, especiallythose who are isolated, disadvantaged and vulnerable
LATEST NEWS
Students studying an Fda in Business at Cornwall College are putting their entrepreneurial skills to the test to raise money for Cornwall Community Foundation. Previous collaborations between Cornwall College students and…
Shares, Chattels & Property
Do you have shares, chattels, property or other assets you want to give?
There are many alternatives to cash giving. If you own shares, chattels or property which you wish to give to Cornwall Community Foundation we can discuss with you how this can be achieved simply and tax efficiently (with expert advice from your Financial Advisor).
Shares: we can either continue the investment of shares gifted to us, continuing to receive dividends (see Investment Committee page), or we could sell them and use the proceeds in various ways such as to create a fund, give grants or towards infrastructure costs. You can claim tax relief on the value of your shares at the rate of the tax paid by the donor e.g. if you pay income tax at 20%, your income tax bill could be reduced by 20% of the value of the gift.
Chattels: as above
Property: depending on the type of property and nature of the gift, this could either be sold, rented with income earned diverted to grant making or our running costs, or put to alternative use. All the above are exempt from Inheritance Tax.
More detailed information can be found on the HMRC website: www.hmrc.gov.uk
Cornwall Community Foundation
