Our Vision for Bursaries
What does a seven-year pledge look like? The table below is indicative of what a seven-year commitment to support one pupil for their Abingdon education is expected to be; this is subject to actual annual fee increases. Gift Aid illustrations are shown based on current HMRC rules and could change during the seven-year period should the basic level of income tax or Gift Aid regulations change. Level of fee support Monthly donation over seven years before Gift Aid Net donor contribution before Gift Aid Gift Aid claimed by Abingdon Total value of donation 10% £160 £13,443 £3,361 £16,804 25% £400 £33,607 £8,402 £42,009 50% £800 £67,214 £16,804 £84,018 75% £1,200 £100,821 £25,205 £126,026 100% £1,600 £134,428 £33,607 £168,035 The Abingdon Foundation takes the financial management of the School’s resources extremely seriously and we work with Rathbones to invest gifts over £100,000. Any donor who pledges to support a boy on a 10% bursary place or above automatically becomes a member of the 110 Club. All of our benefactors are recognised by name in our impact report and other Abingdon literature unless anonymity is requested. My gift was a little appreciation for all the joy I had while at Abingdon. I hope those receiving a bursary will get as much pleasure as I did. Stewart Womar (OA 1959)
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