UCT is South Africa's oldest university and the leading research university on the African continent. But like every great university in the world, UCT cannot thrive without the generous support of its alumni and friends.
When you leave a bequest to the University of Cape Town, you are giving future generations an opportunity to benefit from your hard-earned assets and this will continue to benefit society for many decades to come.
The University would welcome an opportunity to discuss with you how a legacy gift might benefit future generations of UCT students, and would be most appreciative of your consideration of remembrance of the University in your will.
What is a Bequest?
A bequest is a specific provision in your will, directing some of the assets in your estate to the University. Bequests are also known as 'planned' or 'deferred' gifts. The advantage of this type of giving is that you still have the use of your assets during your lifetime, with the satisfaction of knowing that a part of your estate will support the UCT tradition of academic excellence into the future.
There is great flexibility in making a bequest, it may take various forms, for an example:
A specific sum of money - this is the simplest bequest but is also the most easily affected by inflation.
A percentage of your estate - thereby assuming a specific distribution between your beneficiaries regardless of any changes to your estate.
The residue of your estate - after having made provisions for your dependants you may choose to bequeath the remainder of your estate to UCT.
A life assurance policy - you can sign over an existing policy or take out a new one, naming UCT as the beneficiary.
Real estate, artworks, antiques, jewellery and other valuables.
It is advisable to talk to your lawyer, estate administrator, or financial adviser about the best choice for you and your family.
Dr Max Price and former Vice-Chancellor Dr Stuart Saunders (its Patron) have revitalized the Heritage Society to acknowledge the commitment and support of donors who make deferred gifts to UCT through bequests.
Your membership will ensure that you are appropriately acknowledged, and kept abreast of University activities via dedicated Heritage Society events during each year. You may also choose to remain anonymous. We request that you simply inform us that you have included UCT in your will.
To discuss this matter in strictest confidence, please contact Mr René Nolte, Bequests Officer, or Mr Lungile Jacobs, Senior Manager for Alumni and Individual Giving.