Leave a Legacy and safeguard the Wallace Collection for future generations

A Family Collection | A National Museum | An international Treasure House

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The Wallace Collection is one of the world’s great bequest storiesIn 1897 Lady Wallace followed her husband’s wishes and bequeathed the family’s art collection to the nation, creating the greatest collection of art ever left to a country. It is thanks to the generosity of Lady Wallace and the legacy she made in her Will that the Wallace Collection is here for us to share and enjoy today.

The Wallace Collection has no financial endowment. Whilst we receive a government grant to maintain the fabric of the building and provide public access to the Collection, we still need over £2 million a year to fund our activities as well as additional amounts for specific capital projects.

Leaving a legacy to the Wallace Collection is a way of acknowledging the enjoyment the Museum has given you and making a lasting difference to the future of the Collection. The Museum greatly values gifts which it can apply to furthering the conservation and presentation of the objects but a legacy will always be used in accordance with your wishes. Through your request you can direct your gift towards whatever area of the Museum you enjoy or wish to support the most – be it learning and education, object conservation, exhibitions, gallery refurbishment, or scholarship.

Free of inheritance tax, legacies are an increasingly popular, tax-effective way of giving.

Here are some examples of how your gift could be used:

• A gift of £2,000 could help fund a community project for a year

• A gift of £5,000 could fund the education programme for a major exhibition

• A gift of £15,000 could fund our secondary schools programme for a year

• A gift of £20,000 could fund the conservation of an Old Master

• A gift of £300,000 could refurbish a gallery

Jean-Jacques Caffiéri, Cupid Vanquishing Pan, 1777

Lady Wallace

There are two ways you can benefit the Wallace Collection in your Will: by leaving a residual or pecuniary legacy (a sum of money) or by leaving a specific bequest (an item or items).

• Residual Legacy – this is the amount of the whole or portion of your estate after other specific gifts have been distributed

• Pecuniary Legacy – this is a fixed sum of money decided by you

• Specific Bequest – a gift of specific personal possessions such as property, land or shares

What kind of Gift?Suggestions for wording in your Will

“I give to the Wallace Collection, Hertford House, Manchester Square, London W1U 3BN … [sum of / item specified / residue of my estate/. This gift may be used for general purposes. OR It is my wish that this gift be used to support “specific project or other specific purpose”. I declare that the receipt of the Director or other proper officer for the time being shall be a sufficient discharge to my executors.

Codicil - if you have already made a Will, you can add a codicil to include additional gifts.

Whilst it is very simple to leave something in your Will, we recommend that you consult your solicitor or professional advisor when drawing one up for the first time or changing an existing Will.

Perhaps by Antoine-François Lebrun, Queen Marie-Antoinette, c. 1775

Thank youGifts to the Wallace Collection are acknowledged in the most appropriate manner, be it through our Legacies and Bequests donor board, dedicated labels (for example next to an object) or through an acknowledgment in the Annual Report. Naming opportunities exist for major capital projects.

Contact

If you would like further information on leaving a legacy to the Wallace Collection please contact Catherine Waddington, Development Officer on 020 7563 9558 or Catherine.Waddington@wallacecollection.org

Frans Hals, The Laughing Cavalier, 1624

Name

Address

Post code

Telephone

Email The gift I plan to leave the Wallace Collection is a:

Residual Legacy Pecuniary Legacy Specific Bequest

If you would like to give us more details on your legacy or bequest, please use the space below:

Your pledgeIf you are thinking of leaving a gift to the Wallace Collection it would help us greatly if you could contact us to give us an indication of your intentions. Your pledge is not legally binding and does not commit you to leaving a legacy to the Wallace Collection. It is simply a statement of your intent at this time and any information you give to us is completely private and confidential.

By sending this pledge you are helping the Wallace Collection to plan for the future. Knowing what funds may become available helps us to feel more secure about planning long-term projects.

If you have already left a gift to the Wallace Collection in your Will or if you are considering doing so, please let us know by completing this form in confidence.

If you are considering the Wallace Collection and wish to direct your gift to a specific purpose we would strongly recommend that you contact us to discuss this to ensure we are able to fulfil your intentions.

Please return this form to Catherine Waddington, Development Officer, The Wallace Collection, Hertford House, Manchester Square, London, W1U 3BN

Thank you

Philippe Bertrand, Allegory commemorating the Accomplishment of the Vow of Louis XIII, 1714