So many people rely on our research. Every legacy left to the Woolcock Institute of Medical Research by our generation, will make a vital difference to the next. With this in mind we have developed the Woolcock Foundation that will grow from major gifts and bequests and which will ensure the future of the Institute.
A bequest is a gift left to an organisation by an individual in their Will. It can take the form of cash, shares, property or other assets.
Your Will is one of the most important documents that you will ever prepare. It ensures that the people and organisations that you care about are provided for after your death. In preparing your Will, your first concern will obviously be for your family and others close to you. After providing for the financial security for your loved ones, you may like to consider including a bequest to the Woolcock Institute of Medical Research.
By remembering the Woolcock Institute of Medical Research in your Will you can help secure the future for people with respiratory and sleep conditions.
So whether large or small, your bequest will be valued greatly, because it will change the lives of people who have breathing difficulties and sleep disorders.
Your ultimate commitment may be directed to specific use, a particular area of research or for general respiratory or sleep research. Unspecified funds are of greatest assistance to the Woolcock as they help us to develop a funding pool that will grow and be of benefit in perpetuity.
If you are considering including the Woolcock in your Will, we will be pleased to answer any questions you may have. Please call (02) 9114 0000. Alternatively, if you are currently in the process of preparing your Will, you can use the suggested wording as follows :
'I _____________________ bequeath unto the Woolcock Institute of Medical Research, 431 Glebe Point Road, Glebe, New South Wales, Australia for its general purposes _________________________________________ free of all succession, estate and other death duties and declare that the receipt of the Director or other proper officer of the Woolcock Institute of Medical Research shall be sufficient discharge to my Executors in respect thereof.'
The Australian Taxation Office has endorsed the Woolcock Institute of Medical Research as a deductible gift recipient and an income tax exempt charitable entity for income and capital gains tax purposes.
If you would like to visit the institute and talk about leaving a bequest please contact us. We can organise for you to tour the laboratories and meet the scientists to discuss the latest research projects that you might like to support. It gives us an opportunity to personally thank you and discuss options to commemorate your legacy. A bequest in your will is an investment in the future of your family, friends and future generations.
gen For information about Bequests please contact:
Foundation Executive Officer
02 9114 0365
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