A full and efficiently run Prep School of our size may be able to ‘make’ between 5p and 10p in the pound. At Saint Ronan’s all of this operational ‘profit’ is ploughed back into the fabric of the School but it is not enough to do much more than refurbish or re-equip tired areas or departments. If the School is to ‘step up’ a notch it needs external finance, without burdening itself with debt, and this message was at the core of the recent Sports Hall Campaign.
In your time at the School you may have, unbeknown to you at the time, benefited from the gifts of previous generations. In turn, you may now feel it is your turn to do the same for the children at Saint Ronan’s today and in the future.
A pecuniary legacy is a gift of a fixed sum of money; this may decrease in value over time but it is possible to index link the sum to preserve its current value.
A residuary legacy is a gift of the remainder of your estate once other bequests and obligations have been fulfilled. This type of legacy is perhaps most valuable to the School.
A reversionary legacy allows you to leave your assets in trust for the benefit of your family members for the duration of their lifetimes but which reverts to the School thereafter.
A conditional legacy provides for the eventuality that should none of your family members survive you, your estate is left to the School.
A specific or non-money legacy allows you to make a gift of property, shares or other valuables that the School may keep or sell.
For further help with leaving a legacy to Saint Ronan’s please contact the Headmaster.