Legacies

Legacies need not be large to make a difference.

Churchill College is a charity, which means that for UK tax payers any gift in a Will or codicil to a Will comes out of any inheritance tax liability. There is also a provision which further reduces the rate of inheritance tax on the whole estate from 40% to 36% if 10% of the estate is given to charity.

Gifts arising from Wills play a key role in enabling the College to fund core needs and to grasp opportunities as they arise. Your legacy could support a fellowship, scholarship, a new building or restore the fabric of the College thereby creating a lasting memorial; we are always willing to name any of these in memoriam, if the gift level is appropriate.

Legator recognition

The College recognises that you bequest intentions are a personal matter, which you may wish to keep confidential for now. However, if you would be willing to let us know that you intend to leave a legacy in your Will, the College would be very grateful for this information.

All individuals who pledge or indicate that they will give a gift in a Will to the College has the option to be a member of the Winston S. Churchill 1958 College Society.

Membership is entirely voluntary, and each year an event is held for new and existing members in appreciation of their legacy commitment to the College. At this year’s event, guests attended a drinks reception followed by lunch in the Fellows’ Dining Hall and a music recital by a current student.

All those who have been formally admitted to the WSC 1958 Society at the annual gathering of members (and have given permission for their names to be listed) are included in the Member list of the Winston S. Churchill 1958 College Society printed in the annual Churchill Review.

Setting up a codicil

It is very easy to set up a legacy via a codicil to your Will giving either a specific amount or a percentage of the value of your estate. Churchill College is a charity, so for UK tax payers any gift in a Will or codicil to a Will comes out of any inheritance tax liability.

There is also a provision which further reduces the rate of inheritance tax on the whole estate from 40% to 36% if 10% of the estate is given to charity. Legacies need not be large – many such gifts are 1% of the total value of the donor’s Will – and you can write a gift into your Will at any time.

For those based in the US, Cambridge in America offers a range of further information for planning your estate and have established the 1209 Society to honor and acknowledges the many generous benefactors in the US.

The template codicil includes the wording that should be used in a regular Will. If you would like professional advice on the drafting of a will or codicil, the College can recommend Hewitsons, a local law firm with offices across the country. The College regularly works with the firm and a discounted rate will be offered for all Churchill College legators. Please contact Daniel Curtis at Hewitsons on 01223 461155 for more information (click on link below).

The College recognises that your bequest intentions are a personal matter, which you may wish to keep confidential for now. However, if you would be willing to let us know that you intend to leave a legacy in your Will, the College would be very grateful for this information.

If you have included Churchill College in your Will or would like any further information, please let us know by completing the Legacy Pledge form, or contact the Development Office directly. The form itself is not binding, but an indication of your desire to help the College in its long term planning. It will enable the College to recognise your generosity and invite you to be a member of the Winston S. Churchill 1958 College Society.

Contact Information:

Fran Malaree, Development Director T: 01223 336197

Hilary Stimpson, Development Officer T: 01223 336240

[email protected]

Ruth and Robert Edwards bequest

The College received a generous £200,000 bequest from Ruth Edwards, the wife of Sir Robert (Bob) Edwards, past Fellow, Nobel Laureate and pioneer in IVF medicine, to help fund a studentship in the bio-medical field, in memory of her husband who died in 2013.

Ruth met Bob whilst at Edinburgh University around 1953 where they were both doing PhDs in Genetics. Ruth was very bright and greatly enjoyed her time at University and this was evident in the stories she used to tell to her daughters. Their family recall that one of the scientists Bob most admired was Ernest Rutherford and for the first three months of their relationship he didn’t know that Ruth was in fact, Ernest Rutherford’s grand-daughter! They became engaged during the course of their collaboration in Edinburgh and married in 1954 before departing for a year in California where they worked closely together to publish several joint papers before the birth of their first daughter.

They went on to have five daughters in under five years which was a full-time job for Ruth in the early years. By this time Bob was working at Cambridge University and becoming very involved in the field of human reproduction. Once the girls were at secondary school Ruth re-joined Bob at the University and she went on to produce further research papers in her own right. In 1978 they moved to a farm in Dry Drayton which led to a whole new range of projects for Ruth including the establishment of an award winning herd of angora goats with the help of IVF! From these she produced luxury wool for sale and created jumpers, sweaters and scarves that she sold at the farm shop. Living on a farm also facilitated Bob’s lifelong passion for trees. His daughters recall that he planted thousands of trees on the farm in his spare time, often returning from dinner at Churchill College on a summer evening to water and plant new trees until dusk descended!

Throughout his life, Bob was conscious of the importance of education for young people and was hugely motivated by the challenge of engaging bright minds to ‘think outside the box’ during his years of supervising graduate students at Cambridge in the late1960’s and 70’s. He was a demanding supervisor and expected much from his students but many of them have never forgotten what they owe to him. Ruth and her children were aware of Bob’s wish to give something back to future generations of students by leaving a legacy for the College and her bequest has brought this to fruition.

Michael Schoof has recently become the first beneficiary of the Professor Sir Robert Edwards studentship and is undertaking a research based MSc as part of Professor Julie Ahringer’s research group in the Gurdon Institute. Michael’s project will investigate the function of the Retinoblastoma/DREAM complex, in which dysregulation is linked to human cancers, including those of the reproductive system.

Marie Finston legacy

In 1971, Professor Morton Finston, Professor of Aeronautics at Massachusetts Institute of Technology (MIT) arrived at Churchill College with his wife Marie and their two young children Lisa and Nina, then aged 11 and 9.

Morton had been invited to join the College for a term as a Visiting Fellow by the then Master Sir William Hawthorne, and was able to extend his stay in England via a personal sabbatical to enable his two children to complete a full school year.

Memories of the happy times they spent together as a family in the Sheppard Flats during that year prompted Marie to make a legacy gift of £3,375 in support of the College’s Visiting Fellowship fund and the bequest has been warmly received by the College.

Morton met his wife Marie at MIT when she was working at the Instrumentation Lab and she went on to work for Dr Charles Stark Draper, founder of Draper Laboratories following her graduation from Wellesley College. They loved good music – Marie was a classically trained pianist and Morton played the clarinet — and they both enjoyed travelling so they were excited to take up the opportunity of joining the Churchill College community for a year.

The family moved into the Sheppard Flats and quickly settled in to College life. Nina and Lisa vividly recall spending many happy hours on the College fields and in the Chapel and open tennis courts that were there in the 70’s, as well as frequenting the large strawberry patch nearby! They were also able to take advantage of living at the heart of a vibrant international community and made friends with children from Ghana, Nigeria, Spain, Northern Ireland, the Netherlands, and Poland, many of whom they are still in touch with today.

Morton, for his part, welcomed the opportunity to work and socialise with world renowned scientists and scholars as part of the Churchill community and greatly enjoyed his time at the College, as did Marie who mastered driving ‘on the wrong side’ and took the opportunity to explore Cambridge and the surrounding countryside whenever possible. The family went on frequent excursions and Lisa and Nina recall visits to; the American Cemetery, Ely Cathedral, King’s College, the Backs, Newmarket and a favourite tea shop in Ashley as well as holiday trips to Great Yarmouth and the Cotswolds.

Just over 45 years on and Nina is now a lawyer working as Assistant Director for the Securities and Exchange Commission in Washington DC and Lisa, who pursued a career in healthcare, is presently a Corporate Director at Partners HealthCare based in Boston Mass. They both recall their time at Churchill very fondly and Nina is a confirmed Anglophile, having made several walking trips to England in subsequent years, often taking her mother with her to visit Cambridge and the College.

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