For all donations received (for which departments would like to benefit from Gift Aid) the Development and Alumni Relations office (CUDAR) will process the tax reclaims on a monthly basis. The main reason for this is to create a single processing point for all gift aid claims. In order to claim gift aid on donations they must be processed by CUDAR.
Step 1: The donation
- Donations can be made by cash, cheque, debit/credit card, standing order or bank transfer.
- CUDAR is able to process donations made payable to both the University of Cambridge and made payable to University departments.
- Ensure that the donor completes a Gift Aid declaration for the first gift they make under Gift Aid. That single declaration will cover all future donations, unless their circumstances change eg. a change of address..
Step 2: Departmental action
The department must forward the donation along with the completed Gift Aid Declaration (Appendix B) and a release form (Appendix E) to:
Development and Alumni Relations office
University of Cambridge
Cambridge CB5 8AB
Step 3: CUDAR action
CUDAR returns tax claims once every month and will distribute the gross amount of the gift (through a journal transfer) after the tax reclaim has been recovered.