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Legacies

Transforming lives for generations to come

A matter of life and living.

Reflecting on how life is in your community and how you would like future generations experience life to be, gives you the opportunity to leave a positive legacy.

Leaving a gift in your will to MK Community Foundation allows us to continue to support important causes within our local area for future generations to come.

Any gift you leave, no matter what the size, will help us to make a huge difference to many people who need support.

To find out more, there are a number of resources available below and our Philanthropy team are also here to offer guidance should you need it.

Create a Legacy Fund

If you are passionate about a particular cause or issue and want to ensure that your lasting legacy reflects this, you may wish to consider creating a Legacy Fund.

The Christopher Hopkinson memorial music bursary is an example of a legacy fund in action.  

Christopher's passion for the arts and music live on and are remembered each year with the Christopher Hopkinson Memorial Music Bursary.

15-year-old pianist Alex Wyatt was recently awarded a Music Bursary after impressing panel members at his audition. Alex who aspires to win the BBC Young Musician of the year has been playing piano for over 10 years. The bursary will enable him to continue his music lessons at the Royal Birmingham Conservatoire.

We can work with you to create change for local people in Milton Keynes that will help you to have a lasting impact within your community.

Please contact a member of our Philanthropy Team so that we can help and advise you and your professional advisor about creating a Legacy Fund.

Email info@mkcommunityfoundation.co.uk or call 01908 690276

We can help and advise you and your professional advisor about creating a Legacy Fund that will become an enduring tribute and lasting memorial reflecting your personal values and your special interests. By talking with us about the local issues that matter to you, we can ensure that local charities and the causes you care about are supported for many years to come.

Whatever course of action you decide upon, we recommend that at the time of writing your Will or changing your Will you can instruct your professional adviser to contact us first to discuss establishing a Legacy or Tribute Fund and the naming of the fund.

Trust Transfer

Managing a charity long-term can be a challenge for its trustees and volunteers. The responsibilities and compliance requirements often fall on a few dedicated volunteers in their spare time.

There may also be concerns about continuity if trustees are overburdened or looking to retire.

Trust transfer offers a solution.

The Charity Commission acknowledges that Community Foundations have a reputation for the effective management of charitable funds in order to maximise their impact at a local level.

The Charity Commission and Community Foundations across the UK have worked closely in recent years to ensure that trustees seeking to revitalise moribund (dormant) or ineffective trust funds (and who are looking for an effective way of carrying on their good work in future years) have the option to release their funds to a Community Foundation.

The Charity Commission welcomes and supports this initiative and encourages all charities to ask themselves whether they should work with Community Foundations as an alternative to continuing.

This might be a particularly attractive route if you currently manage a charity or trust fund and agree with one or more of the following statements:

  • We find it difficult to identify beneficiaries
  • We cannot spend the income of the charity
  • We find ourselves providing money to the same people or groups every year
  • We find it difficult to attract trustees
  • We would like to be involved in how the money is spent but we do not want the legal responsibility of being a
  • trustee
  • The work of administering the charity and its investment is becoming onerous or disproportionate to the level of funding
  • We wish that we knew more about local issues and opportunities and who else was funding what.

Please contact our Philanthropy Team at info@mkcommunityfoundation.co.uk or call 01908 690276 for more information about Trust Transfers today.

For more information, please read the documents below:

Make an enquiry

Have any questions? Feel free to get in touch with our team.