How your legacy can help
With its high-level representation in industry,
academia and expertise across all engineering disciplines, the Academy
is uniquely placed to advance the engineering agenda in the UK. Your
legacy can help the Academy's work to:
embed engineering expertise into national
policymaking, promoting a rebalancing of the economy through
innovation, entrepreneurship and investment in productive industry
inspire the next generation of engineers and
ensure they benefit from the best teaching and resources available
build skills at all levels - from schools to
further and higher education - to ensure business and industry have
a strong supply of engineering talent
create a research base strongly engaged with
businesses that require the innovation and skills it provides
establish the Forum for Engineering
as a focal point for engineering in the UK
showcase creative engineering's role in everyday
life and highlight its pivotal role in addressing global challenges.
We would be pleased to discuss how your legacy could help
particular Academy work programmes, many of which would benefit from extra support.
The Academy has a strong reputation for meeting - and exceeding - the expectations
of its many funders. Entrusting your legacy to the Academy will ensure your wishes
are carried out.
As the Academy is a registered charity legacies will not be
subject to inheritance tax in the UK. (As from April 2012, inheritance tax levied
on the estates of those leaving 10% or more of their estate to charity will be
reduced from 40% to 36%).
The Academy values all legacies it receives, whatever the size.
The Academy's work, shaped and directed by its Fellows, is raising
engineering's profile and making it part of the national dialogue. Media, policymakers -
and increasingly the general public - are becoming attuned to engineering's message.
Awareness and appreciation of engineering's role in social progress, wealth creation
and addressing global challenges is growing.
To keep up the momentum, the Academy must continue to respond to
strategic and emerging issues. We have had considerable success - Academy reports and
policy consultations are valued for their authority and rigorous impartiality - and this
invariably leads to further advice being sought.
Building the Academy's unrestricted funding will give it
increased flexibility to contribute to informed policymaking on a larger scale. There
are many areas of national policy which have an engineering dimension to delivery which
would benefit from the input of the Fellowship's expertise.
This is an area the Academy is very keen to develop. There are many
others and we would welcome the opportunity to discuss how your legacy might help.
Before drafting a Will, or making changes to an existing Will, the
Academy recommends that you consult a qualified solicitor.
STEP (the Society of Trusts and Estates Practitioners) can provide
details of solicitors who have experience in drawing up wills. STEP can be contacted on
+44 (0)20 7340 0500 or online at www.step.org.
Information on leaving the Academy a legacy can be found here.