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.
1. The Foundation receives £125, at no extra cost to the donor.
2. 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.
For more information, please contact Jean-François Baumann : baumann@hec.fr
- "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).
1. The Foundation receives £125, at no extra cost to the donor.
2. 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.
For more information, please contact Jean-François Baumann : baumann@hec.fr