Making the most of your donation
Gift Aid makes your donation go MUCH further
By Gift Aiding your donation, the Royal Opera House Covent Garden Foundation receives an extra 25p for every £1 that you give, making your donation go even further. If you are a UK taxpayer* please tick the Gift Aid box when donating online, sign the declaration when returning membership or donation forms, or feel free to contact us by email or on +44 (0)20 7212 9515 to send you a declaration form to complete.
For example:
For a donation of £10 this is an additional £2.50 to the Royal Opera House Covent Garden Foundation. As a donor if you pay tax at one of the higher rates of tax, 40% or above, you might also be able to claim back an additional £2.50 or more. The Charity receives £12.50 and the cost to a 40% taxpayer is only £7.50.
* If you pay less income tax and/or capital gains tax in a tax year than the amount of Gift Aid claimed on all your donations in that tax year, it is your responsibility to pay any difference. You must notify the Royal Opera House Covent Garden Foundation if you want to cancel your declaration, change your name or home address or no longer pay sufficient tax on your income and/or capital gains.
Payroll Giving is a way to give one off payments or regularly through your employment
Donations are made out of income before income tax, so that the donor gets the tax relief immediately on their donation. This is run by Payroll Giving Agencies who charge an administrative fee and who run this on behalf of employers. Check with your employer to see if you have a scheme. Employees are allowed to nominate any charity they like to receive the donation – they are not restricted to their employer’s choice of charity.
Donations made by US taxpayers
You can make tax effective donations to the American Friends of Covent Garden. This is a 501 (C) 3 based in New York which supports the Royal Opera House. For further details please contact the Development & Enterprises finance team at d_efinance@roh.org.uk, +44 (0)20 3772 6302.
Charities Aid Foundation (CAF) and Charities Aid Foundation American Donor Fund
If you are a US taxpayer and have an account with CAF you may be able to register for the American Donor Fund to benefit from a tax break on US income.
Gifts of listed shares
You might like to make a donation in shares instead of cash depending on your circumstances. Contact philanthropy@roh.org.uk if you are interested in doing this for more details.
We would be happy to provide further information to support any of the above points; please email us at philanthropy@roh.org.uk or telephone +44 (0)20 7212 9489 should you have any questions.
Do please note however that none of the above content constitutes tax advice and is a generic overview of options for donors, if you are unsure of any tax issues that you may have (in particular if you are considering making a significant donation, or if your tax affairs are at all complex) seek professional advice.
Royal Opera House Covent Garden Foundation, a charitable company limited by guarantee incorporated in England and Wales (Company number 480523) Charity Registered (Number 211775)