Many members help the Club by volunteering careers advice or by mentoring, or by supplying venues for events. We are always very grateful for such assistance. However, the Club also needs your financial support. Colin Cowdrey said he wore his Vincent’s tie with “quiet pride”. Another distinguished member who represented his country in two sports calculated his contribution on the basis of £1 for every time he wore his tie; the result was a significant capital gift to V150. Members are members for life. No subscription is charged after going down, but the ethos of the Club is that successive generations freely give to support the next.
Vincent’s is following a strategy of “continuous development,” whereby our main priority is to ensure the future of the Club for the long-term through further unrestricted income and capital donations:
The resident membership of c.150 cannot on their own finance the annual running costs of a properly managed Club premises in central Oxford. Furthermore, the Club’s prices have to reflect the fact that colleges subsidise their students’ meals. Alumni members have long assisted funding the Club’s running costs through annual gifts, and this needs to be increased to cover half of the costs of the premises and staff. The Club’s operations aim to trade at better than break-even to avoid the need for support from the VATC Capital base. (Trading out of term is another vital source of extra revenue, and any annual surplus would be invested in the endowment.)
Please make a regular, annual or monthly, donation to the Club to help cover the target required from alumni members of 50% of running costs.
The Club is already the biggest supporter of individual sports awards in the University, with some £30k available annually, seven named scholarships, and additional awards which bring the number of scholar athletes assisted annually to c.20. Our priority is to support more worthy applicants. In particular, we are seeking to raise a further £250k to endow the second major sports awards in the name of Sir Roger Bannister.
For this purpose, raising restricted capital for the Sports Development Fund is needed. Individuals who wish to endow and name a Sports Awards should contact the firstname.lastname@example.org.
Please make a capital gift to help Oxford’s talented sportsmen and sportswomen.
The Club has been at its spiritual home, 1A King Edward Street, since 1931. The long-term success and existence of the Club is intrinsically linked to having convenient, fit for purpose, and affordable premises in central Oxford. The current lease runs to 2042, the landlord increases the rent every five years, and VATC requires a restricted capital reserve to give it property options in the future.
Please make a capital gift to put the Club in a stronger financial position in securing premises in central Oxford for the long-term.
Some Vincent’s Alumni members might consider leaving a legacy to support the Club in its aims to build the Property Endowment Fund, and the Sport’s Development Fund. A legacy implies the donor wishes to protect something of value for ever; to safeguard a worthwhile cause of importance. We hope that our recent reforms of, and future plans for, Vincent’s makes it such a cause in your eyes. Your contribution to Vincent’s will play a crucial part in ensuring the Club’s future.
Charitable bequests in the UK incur neither capital gains nor inheritance tax, thus a gift from you can reduce the amount of any tax payable out of your estate. Planned giving tax benefits apply to bequests made by US donors. (Please contact email@example.com for further details).
There are two legacy forms; one to create a codicil to your will, and the other to inform us of your intention.
Members who notify us that they are remembering the Club in their will are made members of the Woodgate Society and invited to occasional special events.