Charitable giving – how to give

Royalty Cheque Presentation

Senior Assistant David Baker donated his first royalty cheque to the Charity following publication of his book.

All Liverymen and Freeman are encouraged to give regularly to the Worshipful Company of Spectacle Makers’ Charity. Donations are also invited for the work of the WCSM Education Trust.

There are a variety of ways outlined below that you can support the work of the charity financially and information about Gift Aid.

Regular Giving

By setting up a monthly standing order you can support the WCSM Charity through regular giving. For UK taxpayers, a regular standing order can also attract Gift Aid which increases the value of your donation in the hands of the Charity, in a very tax efficient way for the donor. Regular donations monthly can be from as little as £5 per month, however many of our supporters regularly give £15 per month.

Click here for a standing order form and Gift Aid form

Donations

The WCSM charity has benefited from one off generous donations from benefactors which have enabled the charity to grow its programme of grant giving to good causes helping the vision impaired.

The WCSM Education Trust received £35,000 last year from donations, which have enabled it to fund a new bursary programme for those beginning optical training.

We are grateful to all those who have supported these initiatives.

Donations can be accepted at any time by bank transfer, directly to the account of the WCSM Charity or the WCSM Education Trust. Please contact the Clerk for bank details.

If you are an individual UK tax payer, please consider completing a Gift Aid form which will increase the value of your gift by 25%. Corporate donations cannot attract Gift Aid but you may be able to claim tax relief by deducting the value of your donations from your total business profits before assessment for corporation tax.

Please note that the Worshipful Company of Spectacle Makers, the WCSM Charity and the WCSM Education Trust cannot give financial or tax advice and you may need to seek professional help from a regulated adviser for more complex transactions.

The 100 Club

The 100 Club is open only to Freemen, Liverymen and their immediate families, over the age of 16. Members of the Club contribute £100 each year for one “share” in the Club. All those holding a share make a commitment to pay by standing order and are entered into a draw twice a year. The prize draws take place at the June Court Luncheon and at the December Court Luncheon. In June, six winning numbers each receive a prize of £250. In December, in addition to six winning numbers of £250 each, there is an additional Star Prize of £1000. Imagine that as a Christmas present!

Joining the 100 Club is a great way to give a gift to family members which supports those with vision impairment and sight loss. There are shares still available. The WCSM Charity has set itself a target to have full membership of the 100 Club by December 2017. A form can be obtained here: get your share now!

The 100 Club is registered as a Lottery with the City of London Corporation.
The promoters are Liverymen Ros and David Kirk. Payments to the 100 Club are not eligible for Gift Aid.

Society Events

The Spectacle Makers’ Society runs many events during the year, some of which allow for any small profit balances to be donated by the Society to the WCSM Charity. So, by attending Society events, you can have fun AND help other people.

Click here for details of upcoming Society events.

Legacies

Liverymen and Freeman may wish to consider WCSM’s charities when they are updating their wills. For hundreds of years, the Company has been able to care for others and engage in charitable work because of the benefits given by legacies.

You may also as a solicitor, accountant or friend be asked for recommendations for legacy bequests and again it would be much appreciated if you would draw attention to the charitable work of the WCSM Charity and WCSM Education Trust.

Secure Online Giving

For sponsored events, memorial giving or simply ease of use, you can also give online and ask for support for the WCSM Charity via www.virginmoneygiving.com.

Forms