The Courier & Advertiser (Perth and Perthshire Edition)

Good causes benefit from £4 million fortune

Local organisati­ons in St Andrews among beneficiar­ies of estate

- CHERYL PEEBLES cpeebles@thecourier.co.uk

A well-known St Andrews woman who died in 2016 has left most of her £4 million fortune to good causes, including several in the town.

Gillian Falconer, who was a university friend of Margaret Thatcher, bequeathed money to St Leonards School, St Andrews Preservati­on Trust and St Andrews Botanic Garden Trust.

She had amassed her £4,020,772 estate largely from stocks and shares.

Miss Falconer was honorary vicepresid­ent of the preservati­on trust and had dedicated her life to volunteeri­ng in her home town, running a National Trust shop for many years with fellow volunteers.

She passed away at the age of 91. More than £1.4m of her fortune was shared out between family and friends, with the rest divided between several causes which also included Somerville College in Oxford, the Scottish Wildlife Trust, the National Trust, the Carlisle Overseas Aid Trust and the John Muir Trust.

The St Andrews Preservati­on Trust, which benefited from Miss Falconer’s generosity with her time and finances while she was living, was awarded £850,000.

St Leonards School, where Miss Falconer was educated, was awarded £360,000 and the garden trust £180,000.

Deductions including tax are yet to be made, however, so beneficiar­ies have still to be informed of what they will actually receive.

Miss Falconer was a baby when her father, a minister in North Berwick, died in 1926 and the family moved to St Andrews.

She and her two sisters were raised in the family home, Mizzentop, in Middleshad­e Road.

When she left St Leonards School she went to read history at Somerville College, where she became friends with Margaret Roberts, later known as Margaret Thatcher.

She described Mrs Thatcher as very “normal” and regretted not following her into politics as they would have made a “good and powerful team”.

Passionate about art and design, she was skilled at screen printing, some of her designs taken by Liberty and the National Trust.

Miss Falconer never married, after the man she described as the “right one” died in a motorbike accident before they could wed.

 ??  ?? Gillian Falconer amassed her fortune largely from stocks and shares.
Gillian Falconer amassed her fortune largely from stocks and shares.

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