Legacies
In order to plan for the future, the Academy relies on the generosity of those who make provision through their Will to leave a legacy gift to the Academy. Since its inception, the Academy has benefited from the foresight of legacy donors whose gifts – both large and small – have supported key areas of our work.
The Academy can accept legacies and bequests of any of the following types:
Residuary: a residuary legacy is the value remaining once all pecuniary legacies, debts, fees and other charges have been met. You can leave whole or part of the residue to the Academy. The value of a residuary legacy is not affected by inflation.
Pecuniary: this is a legacy of a specific sum of money. You may want to request that it be linked to inflation in order for it to retain its value over the years.
Specific: a legacy need not be a sum of money. Instead, you can leave assets such as property, stocks, shares, library collections, artefacts or other valuables. Please do contact us to discuss your plans.
If you have already made a Will, or have updated it recently, you can add a legacy or bequest by drafting a codicil. The Academy has suggested wording for a codicil. Please ask us if you would like further information on this.
Download a form to receive more information
For guidance in deciding how best to support the Academy through a legacy, please contact Carol McCormack, Director of Development.
The Royal Academy of Music is a Registered Charity, no. 310007.
