| The Funding
The successful results of twenty-five years of research have clearly demonstrated the need for continued research. These successes have been shared by the KCH team both nationally and internationally.
Anyone reading this website and who wishes to make a donation to support LIBRA’s continuing funding of the Haematology Department of King's College Hospital may do so, by any of these methods. LIBRA is able to receive donations directly from members of the public, organisations or businesses:
Members of the general public, who are also taxpayers, are able to take advantage of the UK Government’s decision to make payments to charity tax recoverable. The only requirement is that you pay sufficient tax to cover the amount of tax you would have paid on the gross amount of your donation to LIBRA. Please see the Gift Aid Declaration page within this website.
Coinstar machines are located in a growing population of Supermarkets, mainly Sainsbury’s, Tesco’s and ASDA’s. They are generally located outside the main trading area.
For those wishing to use the Charity option just follow the screen instructions when asked to choose between Cash or Charity. Each charity has a discreet number for identification purposes, and some charities will have logos displayed on the screen. On the Charity Logo screen you will also see a box asking for the discreet number of the Charity of your choice. For those wishing to make a donation to LIBRA, all that is required is that you insert the number 1145 into this box using the keypad. Follow the simple instructions on the screen to complete your deposit and await the receipt. If you are a current UK taxpayer LIBRA can reclaim the tax you paid on the gross amount of the donation. To enable us to do this, please complete the Gift Aid Declaration part of the receipt and send it to our Treasurer as described above. Legacies The Lions International Blood Research Appeal (LIBRA) has been working quietly over nearly 30 years to provide a constant increase in the facilities at Kings College Hospital for treatment of and research into all forms of clinical care. Donations to help fund blood research programmes are vital. They do make a difference and they do save lives. As has been discussed elsewhere there are many different ways of making a donation. Here we discuss ways of the charity benefiting from person’s Will. A Will is the means to ensure that an individual’s wishes are carried out and the things that are of value are given to others of choice. It is an individual’s last gift to friends, family and charitable causes that he/she supports. This is done by means of a Legacy. A legacy is legally defined as:
Generally speaking there are two ways in which a legacy can be given. The first is a residuary bequest where, after all the expenses have been paid and all other gifts and property have been distributed, then the remainder is given to charity or charities of choice. The second is to give to charity or charities of choice a specific sum of money or a specific piece of property. Gifts to registered charities are generally free of all taxes. With the knowledge of an individual’s personal affairs, a solicitor will be best placed to advise on the most suitable method of giving. If a Will has already been made, either a replacement Will can be executed or a Codicil can be added. It is good practice for Wills to be reviewed every 5 years or so to consider any changes in personal circumstances and to seek advice on changes in the law, which may benefit the estate. LIBRA is able to accept legacies and is keen to do so, and offers the following examples, which may be of help in the drafting of a Will. For a residuary bequest:
For the donations of a specific sum of money:
In either of the two examples shown above it is important to seek the advice of a solicitor who will make the necessary changes in the above paragraphs to suit personal wishes. LIBRA has produced a booklet, "An Appeal for Life", explaining the opportunities of leaving a legacy and has been very fortunate to have the support of International Footballer turned Sports Presenter Gary Lineker in writing the foreward.
Payroll Giving
When you donate money to a cause in the normal way you are giving out of your taxed income. When you choose Payroll Giving your donation is taken from your salary or pension before tax is deducted. Then LIBRA claims the tax back and simply put, LIBRA gets a bigger donation, which is what we all want. Once your donation is set up, you don't have to do any more. Each week or month, as regular as clockwork, LIBRA will benefit. Once you’ve made the decision to make a regular payment this way you need to ensure that you can do it through your payroll. Check this with your employer. If the scheme is in operation all well and good, but if not then remind your employer that there are grants available, through the Home Office, of up to £500, for schemes set up before December 2006, for companies with less that 500 employees. In addition to which the first £10 of each employee’s monthly donations will be matched, pound for pound, for a period of up to 6 months (up until March 2007). That’s up to £60 extra going to the emplyee’s chosen charity. If your employer operates a Payroll giving scheme it will be registered with a Payroll Giving Agency. If it isn’t registered we would recommend the Charities Aid Foundation (CAF) which operates the largest payroll giving scheme in the UK, details of CAF can be found on cafonline.org. Now you authorise your employer to deduct regular charitable donations from your pay. Your employer then pays these donations to a Payroll Giving agency approved by HM Revenue & Customs. The agency then distributes the money to LIBRA. Once you have agreed with your employer to make regular deductions from your salary or pension, the payroll giving agency used by your employer will give you a charity nomination form for you to complete and return directly to them. The agency will keep your choice of charity confidential from your employer if you wish. Remember the agreed deductions your employer makes from your pay are done before you pay tax, which means that you get tax relief included in your donation at your top rate of tax and it is simple to do.
For example, if you pay tax at the basic rate it will only cost you £3.90 to donate £5.00 to the charity of your choice as shown in the table above. We hope you find this opportunity attractive and if so thank you for choosing to donate regularly to LIBRA |
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