Why the Portland Place School Bursary Fund?
Portland Place School values diversity in all its forms. It is why we are co-ed. It is why we the school is designed to ensure that each pupil achieves their best – personally, socially and academically. We believe that having students in the school from different backgrounds will educate all the students to respect and value diversity. A bursary fund has been created through our partner charity, The Gold Standard Charitable Trust (GSCT) to provide access to Portland Place for students whose families would not otherwise be able to access independent education.
The Gold Standard Charitable Trust raises monies for bursaries at Portland Place School. GSCT is able to direct 99+% of every donation to bursaries because the school covers all of its costs other than the auditor’s fee, which by law must come from a charity’s funds. The Charity has a dedicated Portland Place Bursary Fund, with the goal of raising enough money so each year going forward we can add one or more means tested, life-changing bursary awards for students entering Portland Place. Donations to this fund will be designated to students at Portland Place and can be used at Wetherby Senior should the student continue there post 16. If all the needs of Portland Place students are completely met, funds may also be used where the need is greatest among the schools that GSCT serves.
Tax Advantaged Giving: “Gift Aid It!”
The tax laws of the UK allow you to increase your giving impact substantially if you apply for gift aid. Families in the 45% tax bracket who claim gift aid have an impact 82% greater than the net cost of their gift. For the 40% tax bracket the impact is an additional 67% and in the 20% bracket it is still 25% extra for the students. The table below shows how that works:
|Tax Rate||Gift Amount||Post Tax Cost to Donor||Gift Aid||Total to School||% Increase of Impact|
|45% tax rate||£10,000||£6875||£2500||£12,500||+82%|
|40% tax rate||£1,000||£750||£250||£1,250||+67%|
|20% tax rate||£100||£100||£25||£125||+25%|
You can help us be a better and stronger school and allow us to bring in wonderful and interesting students with your gift to the Portland Place Bursary Appeal.
Please follow this link to
make an online gift
For more information about the Bursary Appeal, other ways to make a gift and the Gold Standard Charitable Trust, click here to review the
PPS Bursary booklet
or email firstname.lastname@example.org