The new Tower House will provide 16 bedrooms in 4 flats, each with its own common room.
A gift of £100,000 will allow you to name one of these 4 bedroom flats, which can be done as a single gift or as 5 annual donations of £20,000.
Your gift can be reduced further through tax-efficient giving. Please see below for more information.
The East Quad looking towards the Tower House, which will contain the flats.
Floorplan of the Tower House flats. Download the floorplans.
If you would like your gift to be acknowledged publicly, each flat will be named according to your wishes and a plaque in the central corridor of the flat will recognise your support. Your name will also be included on the donor wall in the new Porters' Lodge at the entrance to the Gradel Quadrangles.
If you would like to sponsor a flat as a group, the names of all the donors will be displayed on the plaque.
The new Porters' Lodge, where the names of those who give £10,000 or more to the project will be displayed.
Below are some examples of how UK tax payers can make a tax-efficient donation. In all cases, the College claims Gift Aid and the donor reclaims against their tax liability.
NB. The figures given assume the Higher Rate of income tax (40%) is being paid. Donors paying the Additional Rate (45%) will be able to reclaim a further 5%.
|You Donate||Gift Aid Claimed||Value of Gift to New College||Higher-Rate Tax Reclaim||Net Cost to Donor|
|Over 5 years||16,000||4,000||20,000||4,000||12,000|
Central to our plans is the provision of accommodation for all of our undergraduates. New College is currently unable to house all of its students, leaving them to find their own private accommodation in one of the most expensive cities in the country. This can be a daunting prospect and a significant financial strain on students, so the availability of affordable rooms is crucial, particularly for those who only wish to reside in Oxford during term time. The Savile Road site offer a unique opportunity for us to address this. The location is close enough to the main College site to ensure that all residents feel part of the New College community, and have easy access to all of the facilities they need to make the most of their time here.
- Kendya Goodman, JCR President
- Miles Young, Warden
Mark Curtis, Fellow & Director of Development
Tel: +44 (0)1865 279261
New College, Oxford OX1 3BN