Why I am leaving a legacy to LSE

While 75 per cent of Britons give regularly to charity in their lifetimes, only six per cent include a charity when writing a Will.

charlie-bean-13LSE, like many British charitable organisations, was formed thanks to a bequest – and legacy gifts from alumni and former staff have been an integral part of philanthropy at LSE ever since.

My association with LSE spans almost 50 years: as an occasional student in monetary economics in the 1970s; as a faculty member in the Department of Economics in the 80s and 90s; and then as a Governor in the 2000s while I was working at the Bank of England. Those links with the School, its staff and its students represent a singularly satisfying part of my professional life.

 I have been a long-standing supporter of the School and its students through its Annual Fund. But since returning to LSE on a part-time basis in 2014, I have become even more conscious of the funding pressure on British universities in general and on the School in particular.

That’s why I’ve decided to remember LSE in my Will. Leaving a part of my estate to LSE can help build its endowment and means that I can continue to play a valuable role in the School’s mission ‘to understand the causes of things’ for many years into the future.

Sir Charles Bean, Professor of Economics