Charitable Giving
A straightforward path to reaching your charitable goals
WISL offers a smart and straightforward method for charitable giving. This charity enables you to create a charitable account within a tax-efficient structure. You can use this account to make donations to registered and exempt charities, including universities.
Opting for the charity is a cost-effective and uncomplicated choice compared to establishing a private charitable foundation.
1. Set up
Name your charitable account and confirm any family members who can also make donations.
2. Donation
Make your contribution to the foundation.
3. Tax
Reclaim tax on your charitable donation
4. Grant-making
At any time you can recommend grants from your account to any registered or exempt charity.
How it works?
The Foundation provides a highly flexible approach to charitable giving. It allows you to donate to your chosen charities immediately or accumulate funds for future donations. This setup enables easy and effective management of your charitable contributions.
Establishing the Foundation
Both individuals and companies who are residents and taxpayers can establish a foundation.
Grant Distribution
All donations must go to registered and exempt charities, with every grant requiring approval from the trustees according to Charity Commission regulations. You have the freedom to decide the timing and amount of your grants. Options include making regular contributions, distributing income earned from the portfolio, or donating in lump sums.
Your benefits
Ease and Flexibility
Our service manages all administrative aspects for you at no additional charge. You have the freedom to select the charities you wish to support and can make grants of any amount at your discretion.
Privacy Protection
Your anonymity is safeguarded with the option to make charitable grants without disclosing your identity.
Tax Benefits
We enhance your contributions to your foundation by reclaiming any eligible tax on your donations.
Family Involvement
Your designated family members can manage your foundation and continue to make charitable donations both during your lifetime and after your passing.
We help you make a difference
Transforming the world involves more than just sustainable investing; it also means dedicating your time and energy to causes close to your heart.
WISL is committed to brightening the lives of children globally by backing projects that support youth. Our team of philanthropy experts is ready to guide you on how to leverage your wealth effectively to foster significant change.
Based on our understanding of current tax legislation and applicable rates. These may change in the future and may not apply to your individual circumstances. WISL does not give tax advice
The price and value of investments and income derived from them can go down as well as up. Capital held in this account is therefore at risk