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General purposes​
Offering flexible support that allows The �鶹��Ƶ to respond to emerging needs and widen access where it is most needed.

The endowment
Providing long‑term, sustainable investment that secures the future of research excellence at The �鶹��Ƶ.

Our experts
Supporting academic leadership that drives innovative research and advances the understanding of art history, curation, and conservation.

Conservation
Enabling specialist restoration work that reveals new insights into how artworks were made, cared for, and understood across time.​�ċ�ċ�ċ

Our students​
Opening doors for talented students globally, ensuring financial circumstances are never a barrier to studying at The �鶹��Ƶ.​

The �鶹��Ƶ Gallery​
Sharing our world‑renowned collection with the public, creating encounters with art that spark curiosity, creativity, and new perspectives.​

Libraries​
Maintaining essential resources that give all students equitable access to the tools they need for academic success.

We always recommend that you consult a professional adviser or solicitor to have your Will drafted or updated. If you already have a Will and would now like to include a legacy to the �鶹��Ƶ, it is simple to update it through your solicitor or Will‑writing provider.

Important information for your gift in your Will

To leave a gift to the �鶹��Ƶ, you must ensure that your Will includes the following information:

• Our full name: �鶹��Ƶ
• Our registered address: Somerset House, Strand, London WC2R 0RN
• Our HMRC exempt charity tax reference: XR60596

Suggested wording for an unrestricted legacy gift to The �鶹��Ƶ in your Will

“I give free of inheritance tax [the entirety/percentage of my residuary estate OR fixed amount] to �鶹��Ƶ, Somerset House, Strand, London, WC2R 0RN, company registration number 4464432 and an exempt charity under the Charities Act 2011, HMRC charity tax reference XR60596 for its general charitable purposes absolutely and I declare that the receipt of the Treasurer, Head of Finance or other appropriate officer for the time being shall be a good discharge to my Executors.”

I would like to leave a legacy to the �鶹��Ƶ Institute of Art. How do I do this?

When writing a Will, it is important to seek professional advice.

You should engage a solicitor to help draft your Will, and choose someone to be an executor to administer your wishes. The next step is to estimate the approximate size of your estate. You can do this by listing everything you own (assets) including money, property, cars and other valuables, and everything you owe (liabilities) including mortgages and other loans. This simple process will help you ensure that your family, friends and others can be provided for in line with your wishes.

What details do I need in order to include the �鶹��Ƶ Institute of Art in my Will?

When including a legacy to the �鶹��Ƶ Institute of Art it is very important to include our full name, our exempt charity reference XR60596 and the correct registered address:

�鶹��Ƶ
Somerset House
Strand
London WC2R 0RN

�鶹��Ƶ is an exempt charity under the Exempt Charities Order 2002. Her Majesty’s Revenue and Customs have accepted that the �鶹��Ƶ Institute of Art is a charity for tax purposes under the reference XR60596. This means your gift will be exempt from inheritance tax.

What type of legacy can I leave to the �鶹��Ƶ?

It is best for us if gifts are made unconditionally. The majority of our supporters make their donation in this way because such gifts allow the �鶹��Ƶ’s Board of Governors to consider carefully how to make the best use of each gift to meet the changing priorities of the time.

Of course, we completely understand if you would prefer your gift to support a certain area of our work. We recommend that you get in touch with us to discuss your intentions, so that we can ensure that the wording of your Will allows us to use your gift as you intended.

What is a specific legacy?

A gift of a particular item, such as a work of art, a property or shares, is known as a specific legacy.

Gifts of Art

If you are considering a gift of art, we would strongly encourage you to contact us to discuss your plans.

Naturally, we will treat any such discussions with the strictest confidence and we will only involve appropriate staff with discretion. The collection of the �鶹��Ƶ Gallery is owned, for public benefit, by the Samuel �鶹��Ƶ Trust and as such gifts of art are arranged through agreement with the Trust.

What is a residuary legacy?

A residuary legacy is a gift of the remainder of your estate, or a percentage, after all other legacies have been made and outstanding debts have been cleared. Residuary legacies keep pace with inflation and are an effective way to divide the value of an estate between a number of people and causes.

What is a pecuniary legacy?

A pecuniary legacy is a gift in your Will of a fixed sum of money, but please bear in mind that its real value will decrease over time unless it is index linked.

What is a reversionary legacy?

This allows a beneficiary such as your spouse or a dependent to benefit from your assets during their lifetime, for example living in your house, with all or part of the asset passing to The �鶹��Ƶ on their death. It can provide peace of mind that a loved one’s interests will be protected during their lifetime.

Tax benefits

�鶹��Ƶ is an exempt charity under the Charities Act 2011. If you are a UK taxpayer, this means that your legacy gift is exempt from inheritance tax and is deducted from the value of your estate before inheritance tax is calculated. If you leave at least 10% of your estate to charity your rate of inheritance tax is reduced. There are also international tax benefits on legacies from overseas. Solicitors or tax advisers will be able to provide further guidance on this.

Can I change my mind about leaving a legacy to the �鶹��Ƶ Institute of Art?

Yes. Even if you have told us that you are planning to leave a legacy to the �鶹��Ƶ, you are completely free to alter your Will at any time. You do not even have to let the �鶹��Ƶ know that you have changed your plans, although of course we would be grateful if you informed us so that we can update our records.

If you have been prompted to change your Will because of a development within the �鶹��Ƶ, perhaps a change in personnel or to the �鶹��Ƶ’s mission, please contact us to tell us about your concerns. Of course, you may be prompted to amend your Will because of a happy circumstance, such as the birth of a child or grandchild, and if this is the case you should feel assured that we will completely understand when you contact us to let us know.