A bequest to the Foundation – giving a gift from your estate through your will - can be a very powerful way to help the Foundation’s work. For many people, a bequest is a way of making a more significant gift than may have been possible during their lifetime.
A Bequest or gift from your will is a strong statement of your commitment and concern for others.
For many supporters, a gift from their estate enables them to make a significant and lasting difference to something that really matters. The rising value of family homes in recent years can mean that a person’s estate is much more valuable than they may realise, and may allow them to make a gift that is much larger than any previous support they may have given.
The Burnside War Memorial Hospital was founded on a gift - the gift in 1944 of Attunga house and its 4.5 acre grounds to the people of Burnside by noted local philanthropist Mr Otto Von Rieben. While this was not a bequest, but a gift from Mr Von Rieben during his lifetime, his very generous gesture ensured that the community’s vision of creating a hospital as a memorial for those who served in war became a reality. The house and grounds were used for some years as a nursing home while the community raised the funds required to build its much-needed modern hospital. Sadly, Otto Von Rieben did not live to see the official opening of the community hospital that he helped to create.
Since the opening of the Hospital in 1956, it has been fortunate to receive a number of bequests that have been used to improve the services and facilities available for patients. A major bequest in the early 1990’s enabled the hospital to acquire neighbouring property in Moore Street to use as consulting suites and a car park area. The gift is permanently remembered by the naming of the consulting suites as Godfree House, in honour of Mr Godfree’s generous support.
A gift from your estate is a strong way to say you care about our role in the community, and that you believe we will use your gift wisely and well for the benefit of others. Bequests can also assist the Foundation to plan for the future needs of the hospital. The Burnside Hospital Foundation honours the trust of every bequest, by using it to maintain the significant value of the hospital in our community to benefit generations to come.
While we understand that a person who intends to make a bequest may not wish to advise our office of their planned gift – which may not be realised until many years in the future - we would sincerely appreciate the opportunity to thank the donor now for their intended generosity. On occasions, it also may be appropriate to discuss the best way to use the intended gift, or how the bequest may be recognised and acknowledged when it is received, perhaps by the donor’s name being perpetuated in some way. A bequest gift may also be able to be perpetually named for a dearly loved family member or spouse.
While you may draft a Will yourself, it is strongly recommended that you seek advice about the appropriate procedures from your Solicitor, Tax Adviser or a Trustee Company.