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Charitable status

University College Falmouth is a charity, but not a Registered Charity. Instead we are an Exempt Charity as noted in the Second Schedule of the 1960 Charities Act.

We do not, therefore, have a registered charity number, but are recognised as a charity for tax purposes under reference XT12087. The benefits of our charitable status include:

  • We can reclaim tax from the Inland Revenue under the Gift Aid Scheme. This effectively increases the value of donations from UK tax payers by 25%
  • Higher rate tax payers also qualify for personal tax deductions on donations made to UCF
  • UCF does not pay income and inheritance tax on gifts of money or property it receives.
  • A legacy gift made to UCF in a Will reduces the tax payable on the estate
  • A gift of stocks and shares to UCF will reduce a donor's income tax liability, making the gift exempt from capital gains tax

Copyright © 2011 University College Falmouth. All Rights Reserved.

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