Dedicated giving platforms for donations from France, the UK, the US, Switzerland, Germany, Belgium and Italy allow you to make your gift in your local currency and benefit from tax advantages locally.
FRANCE
If you live in France you can benefit from a tax reduction of 66% of the amount of the donation (up to a limit of 20% of net taxable income).
For example: a donation of € 100 costs you € 34 after tax reduction.
UK
The HEC Foundation is supported by the "Friends of HEC Charitable Trust", a UK-registered charity which collects funds on our behalf and ensures that you are entitled to the tax deductions available under British law, as well as the "Gift Aid" initiative.
- "Gift Aid" entitles the HEC Foundation to a 25% bonus on top of the value of your donation, at no extra cost to you.
- If you pay income tax above the 20% basic rate, you can claim back on the total amount of the donation (gift aid included) the difference between the rate you've paid and the basic rate (see example below).
- The Foundation receives £125, at no extra cost to the donor.
- A donor who pays tax at 45% can thus request a tax deduction of £31 (£125 x 25%), meaning that the total cost of the donation is equivalent to £69.
US
"Friends of HEC Inc.” is a US-registered organization responsible for collecting funds on behalf of the HEC Foundation. This arrangement enables donors benefit from tax deductions applicable to charitable donations in the US.
SWITZERLAND, GERMANY, BELGIUM, ITALY
The Transnational Giving Europe (TGE) network allows donors who are tax residents in one of its member countries to support HEC Paris while also enjoying the tax deductions available in their country of residence. We have TGE agreements in place for donations made in Switzerland, Germany, Belgium, and Italy.