Tax Efficient Giving
Philanthropic gifts to Trinity are tax relievable. Tax relief related to charitable giving varies by country. This website provides some general guidance on tax relief. All donors are encouraged to seek professional financial advice specific to their circumstances.
Trinity Foundation, operating as Trinity Development and Alumni, is a registered charity, RCN 20028626, CHY 10898.
Ireland
If you are a taxpayer in Ireland, Trinity Development & Alumni can claim tax relief on donations of between €250 and €1m made in a calendar year by individual donors (PAYE & Self Assessed, regardless of marginal tax rate). If you would like to participate in this Scheme, please download and print an Enduring Certificate form. The form, which only takes a moment to complete, should be returned to our office. Once you sign it, the new enduring tax relief form will last for five years. You can return a scanned version to us by email or a printed version by post to us at the Trinity Development & Alumni Office, East Chapel, Trinity College Dublin, Dublin 2.
Depending on the level of tax you have paid in the year Trinity Development & Alumni can claim up to 31% tax relief so for example, a gift of €250 is worth €362 when Trinity Development & Alumni successfully claim the tax back from the Revenue. Enduring Certificate Forms will be issued by Trinity Development & Alumni once the gift has been received.
Companies can deduct their donations as an allowable expense.
UK
Gift Aid is a government scheme that allows registered charities to claim the basic rate tax back from HM Revenue & Customs (HMRC) on every pound donated. Donations to our UK-based charity, the UK Trust for Trinity College Dublin, are recognised as charitable donations for tax purposes in the UK. This means that for every £1 you donate, the UK Trust can claim back 25p, making your donation worth £1.25. Donations of shares also qualify for Capital Gains Tax (CGT) relief. Gift Aid declarations may be completed while processing your gift online or by completing a Gift Aid form. You only need to make a Gift Aid declaration to us once; it is then valid for all future gifts. If your circumstances change or if the amount of tax you pay changes and you wish to cancel your declaration, you can contact us at any time.
US
If you are US based donor you will find more information on tax-efficient giving on the University of Dublin Fund website.
The University of Dublin Fund is a US trust organized in 1954 to support “the educational purposes of the University of Dublin, either in Ireland or in the United States”. This fund allows alumni and friends in the US to financially support Trinity initiatives in a tax efficient manner, exempt from Federal Income Tax.
The University of Dublin Fund Form 990 tax filings are publicly available and can be reviewed online at Charity Navigator or GuideStar - search under "University of Dublin Fund"
In conformance with IRS guidelines, University of Dublin Fund does not accept contributions that are earmarked or required to be distributed to Trinity College or any other organization. Trustees of the Fund will have complete discretion and control over the ultimate disposition of any contributions received. This ensures that gifts made to the Fund are deductible for U.S. income tax purposes and that the Fund fulfils its duties and obligations as a U.S. tax-exempt organization under section 501(c)(3) of the Internal Revenue Code.
Canada
The University of Dublin, Trinity College has "prescribed" status as per Regulation 3503 of the Canadian Income Tax Regulations. This means that a donation made by a Canadian donor to the University can be claimed in computing taxable income to the extent provided by subparagraph 110.1(1)(a)(vi) and paragraph 118.1(1)(f) of the Canadian Income Tax Act.
An official receipt for income tax purposes will be issued by Trinity upon receipt of donation.
Donating Shares
If you are considering donating shares to us, we recommend that you discuss this with your financial advisor or bank first. You may also contact us for further details.