The American School in London is
incorporated as a 501(c)(3) non-profit in the US and a registered charity in
the UK. For charitable giving purposes, donors to ASL give primarily and
overwhelmingly to the American School in London (UK) Ltd., allowing them to
potentially enjoy both US and UK tax benefits.
ASL Foundation (UK)
Contributions made to
the ASL Foundation (UK) Ltd. provide simultaneous tax benefits in the US
and the UK. This entity is recognized both by the United States IRS as a non-profit
501(c)(3) organization (US tax ID 13-6258480) and by the United Kingdom
Charities Commission as a registered charity (No. 1086037). Donors who make donations to this entity, who
pay taxes in both the UK and US, may be eligible for tax benefits in both
countries for the same gift.
Gifts made to the ASL Foundation (UK) Ltd.—in either dollars or pounds—are
tax-deductible for US taxpayers to the full extent of US tax code, and may also
provide tax benefits to UK taxpayers. If you are a US taxpayer, you may be able
to deduct the gift plus the Gift Aid claimed by the Foundation (UK) Ltd.
Mr. & Mrs. Anthony Phillips
Mr. & Mrs.
Phillips pay taxes in both the United States and the United Kingdom at the 50%
rate. The Phillips Family make a contribution of £1,000 to the ASL Foundation (UK) Ltd. Mr. Phillips signs
a Gift Aid declaration. ASL claims a rebate of £250 from HMRC. In his UK tax
return, Mr. Phillips claims £375, so in effect he has paid just £625 to the
School. Because Mr. Phillips also pays tax in the US and ASL is a 501(c)(3),
Mr. Phillips itemizes his donation plus Gift Aid on his US tax return.
makes personal gift of £1,000
- Donor completes
Gift Aid Declaration form
submits Gift Aid claim to HMRC for £250
recognized for gift of £1,250
claims £375 on UK taxes
itemizes £1,250 deduction on US taxes (donation + Gift Aid amount)
Ms. Jones pays tax
only in the United Kingdom at the lower rate. She makes a contribution of
£1,000 to the ASL Foundation (UK) Ltd.
and signs a Gift Aid declaration. ASL claims a rebate of £250 from HMRC.
American School in London Foundation
Contributions to The American School in London Foundation provide tax benefits
in the US only. This is recognized by the United States IRS as a
not-for-profit/501(c)(3) organization (US tax ID 13-6258480). The American School in London Foundation was
organized in the United States in 1967 for charitable, educational and
advancement purposes. Contributions to this entity may suit donors who require
their contributions be made within the US.
Mr. & Mrs. John Smith
Mr. & Mrs. Smith
pay tax only in the US and make a contribution of $2,000 to the American School
in London Foundation via the Smith Family Foundation. This contribution is not
eligible for the Gift Aid program. The Smith Family Foundation will receive a
receipt for the gift and Mr. & Mrs. Smith are recognized as the donors in
the Annual Report.