# Three party leaders make the Legacy10 pledge to leave a charitable legacy

- Link: https://fundraising.co.uk/2012/01/16/three-party-leaders-make-legacy10-pledge-leave-charitable-legacy/
- Published: 2012-01-16T11:28:51+00:00
- Author: Howard Lake

**The leaders of the three main political parties at Westminster have confirmed 
their support for the Legacy10 campaign: The Rt. Hon David Cameron MP, Rt. Hon Nick
Clegg MP and Rt. Hon Ed Miliband MP have all pledged to leave a charitable legacy
in their wills.**

Legacy10, launched in November 2011, is a nationwide campaign to increase the number
of people in the UK who leave money to charity in their wills. It urges individuals
across the UK to pledge 10% of their estate to charity. With effect from April 2012
any estate which leaves at least 10% (of its taxable wealth) to a charitable cause
will be able to take advantage of a reduced rate in inheritance tax, from its current
level of 40% down to 36%.

Roland Rudd, founder and Chairman of [Legacy10](http://www.legacy10.com), said that
the appeal of Legacy10 lay in its simplicity. “We are asking people to make a contribution”,
he explained, “to their favourite cultural or charitable cause in their will, the
benefit to that cause will be four times bigger than the small loss to the donor.
I am so pleased that all of our main political leaders have not only chosen to support
Legacy10 but have also made a personal commitment to change their wills to make 
the pledge.”

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Currently only 7% of the UK population leave a charitable gift in their will, even
though 74% support a charity during their lifetime, according to Legacy Foresight’s‘
Legacy Market Snapshot’, 2011.

CAF Chief Executive John Low welcomed the pledge, saying: “CAF warmly welcomes the
announcement by each of the three party leaders that they will leave 10% of their
estates to charity.

“This is an excellent gesture, and one that will doubtless be warmly received by
the public and charities alike – especially in the current economic climate, where
demand on many charities is growing while overall funding for many charities is 
falling.

“We know from the success of the Gates-Buffett Giving Pledge in the US that where
prominent people in society pledge to give a substantial amount of their wealth 
to charity, many will follow.”

#### Taking action with Legacy10

Is your charity supporting the Legacy10 campaign? How is it doing so? Share you 
ideas, tips or even early successes in the comments below.

 * **[Legacy10 creates award for excellence in legacy fundraising](https://fundraising.co.uk/2013/09/12/legacy10-creates-award-excellence-legacy-fundraising/)(
   12 September 2013)**

 * **[Launch of Legacy10 campaign](https://fundraising.co.uk/2012/01/16/launch-legacy10-campaign/)**(
   16 January 2012)
 * **[Developing a legacy culture](https://fundraising.co.uk/2012/02/10/developing-legacy-culture/)**(
   10 February 2012)
 * **[New study of charity legacy advertising published](https://fundraising.co.uk/2012/04/26/new-study-charity-legacy-advertising-published/)**(
   26 April 2012)
