Bodhi College is an independent charity and not aligned with any Buddhist orthodoxy. We aspire to recover core insights of the early Buddhist canon so as to develop fresh ways of understanding the Buddha’s teachings today. While making use of modern critical scholarship, our goals are not academic. We seek to provide a contemplative education that inspires students to realise the values of the Dharma in the context of this secular age and culture.
After having thought of your loved ones first, considering a gift for Bodhi College in your will, helps to ensure that we can continue this important work.
A bequest to charity is tax-free and can reduce the tax you pay on your entire estate, reducing inheritance tax.
How to leave a legacy to Bodhi College
Leaving a gift to Bodhi College is easy. There are two main types of gifts that you can leave in your will to Bodhi College:
- You can leave a specific sum of money or an item such as jewellery or a piece of art (pecuniary legacy);
- You can leave a share in, or all of, what’s left of the value of your estate after all bills have been paid and all other legacies have been distributed (residuary legacy).
If you would like to add a gift to Bodhi College to an existing will, you may be able to use a codicil. Adding a codicil to your will means there is no need to change the terms of your current will. It simply adds a new instruction, and is suitable for a small, straightforward change.
If the change is more significant or complex you should make a new will. Please keep in mind that you should always seek professional legal advice before making any changes to your will.
Here is some suggested wording to help you remember us in your will:
For a Residuary Legacy
I give the residue of my estate to Bodhi College, a company limited by guarantee (number 9561665) and a registered charity (1163320) of registered office address 4 Dartside, Totnes, Devon TQ9 5HL, UK, for its general charitable purposes. I further direct that the receipt of the Chief Executive or other proper officer of the said charity for the time being shall be a full and sufficient discharge for the said gift.
For a Pecuniary Legacy
I give the sum of £_____ (or the item specified) to Bodhi College, a company limited by guarantee (number 9561665) and a registered charity (1163320) of registered office address 4 Dartside, Totnes, Devon TQ9 5HL, UK, for its general charitable purposes. I further direct that the receipt of the Chief Executive or other proper officer of the said charity for the time being shall be a full and sufficient discharge for the said gift.
For a Specific Legacy
I give to the charity Bodhi College, a company limited by guarantee (number 9561665) and a registered charity (1163320) of registered office address 4 Dartside, Totnes, Devon TQ9 5HL, UK, my _ [Describe the gift you wish to leave] for its general charitable purposes. I further direct that the receipt of the Chief Executive or other proper officer of the said charity for the time being shall be a full and sufficient discharge for the said gift.
Thank you for your generosity.
NB rules and regulations may be different in different countries and so we always advise that you seek local counsel to make sure you comply with requirements in your country.