The Judde Society

Legacy Giving

Supporting Tonbridge School with a gift or donation in your Will is a highly personal way of giving that has a lasting impact on future generations. You can choose to donate a specific sum, a share of your estate, or other assets such as stocks and shares. Making a bequest to charity can also lessen the burden of inheritance tax on your executors.

Legacy Gifts to Tonbridge

Since its foundation in 1553, legacies have played a pivotal role in securing a future for Tonbridge School. The school’s founder, Sir Andrew Judde is also its first legator. Today, the school is supported by around 100 OTs and friends through its legacy programme. These gifts have been put to immediate use to support and help shape the future of our great school and the boys therein.

Why consider a gift in your Will

Many people have multiple demands on their finances which might preclude them making a gift in their lifetime. Equally, they may have been supporters of the school in their lifetime and wish to make a final gesture of support. A legacy can be a final tribute to Tonbridge, a gift which endures in perpetuity, and one which can be put towards any number of areas of the school’s work. Bequests are exempt from inheritance tax (IHT) and for estates leaving 10% or more to charity, there is a reduction in IHT from 40% to 36%.

Joining the Judde Society

We will ask you whether or not you would like to join the Judde Society, an organisation for those individuals who have made a commitment to support Tonbridge with a legacy gift. Members will receive a Judde Society tie or scarf, are invited to special school events throughout the year, such as the annual Headmaster’s Summer Drinks, our annual Carol Service, and will have the opportunity to lunch in their old school house. 

Leave a mark for the future

With a legacy bequest, you may specify how your legacy will be used by the school. You can choose to support a specific area, such as Foundation Award bursaries, or capital projects, or choose the area of greatest need by giving to the unrestricted fund. If you choose to remember Tonbridge in your Will, the most common methods are as follows:

 

A Residuary legacy
A gift of the remainder of your estate (or a percentage) after all other gifts to family and friends have been distributed and all outgoings have been settled. A residuary legacy is generally of the greatest benefit to The Tonbridge School Foundation as this is the safest way to ensure your legacy retains its value.

A Pecuniary legacy
A gift of a specific sum of money. As the value of a specific sum decreases over time with inflation, this may be index-linked to maintain its current-day value.

A Reversionary legacy
Allows named persons to benefit from your assets until their death, at which time the remaining assets are transferred wholly or partly to the school.

A Specific Bequest
A gift of a specific asset e.g. a house, shares, or a work of art. These assets will be excluded from your estate valuation and are not liable for inheritance tax.

A Substitutional legacy
A gift of your estate to other persons which reverts to the school if they predecease you
 

Keeping the school informed

If you are comfortable doing so, please let us know if you intend leaving the school a legacy or bequest. Such a pledge does not bind you in any way, but it does give us the opportunity to share pertinent news and Judde Society events with you, and, most importantly, to thank you for your support. Your response and any subsequent correspondence or discussion will be treated in the strictest confidence.

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Pledge Now

Please let us know If you would like to remember Tonbridge in your Will.

Contact Us

Further information can be found here or please contact:

Tara Biddle
Judde Society Manager