Bequests - Ulumbarra Foundation
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Bequests

Remember the Ulumbarra Foundation in your will and invest your legacy in enriching the lives of Central Victorians. Your generosity will help deliver unique performing arts programs and projects throughout our large and small communities.

Leaving a remembrance in your will can take several different forms:

Specific bequest

A gift from your estate of a specific item such as property, shares or a sum of money.

Sample wording:

“I give the sum of $….. or my ……. (Shares/property) to the Ulumbarra Foundation Incorporated (A0095352A) of Goal Road Bendigo, Victoria for its general purposes and I direct that the receipt of the Treasurer or other proper officer for the time being shall be sufficient discharge for my Trustees.”

Percentage bequest

A percentage bequest instructs a set portion or percentage of your estate to be granted to the Ulumbarra Foundation.

“I give the sum of $….. as…….% of my estate to the Ulumbarra Foundation Incorporated (A0095352A) of Goal Road Bendigo, Victoria for its general purposes and I direct that the receipt of the Treasurer or other proper officer for the time being shall be sufficient discharge for my Trustees.”

Residual bequest

A residual bequest is what is left of your estate after making your gifts to family and friends but is not a specific amount of money.

Sample wording:

“I give devise and bequeath my residual estate … or (% or part)….. of my residual estate free of all duties and encumbrances to the Ulumbarra Foundation Incorporated (A0095352A) of Goal Road Bendigo, Victoria for its general purposes and I direct that the receipt of the Treasurer or other proper officer for the time being shall be sufficient discharge for my Trustees.”

We recommend you always discuss these options with your solicitor, trustee or will preparer.

 

Recognition of bequests

 

The Ulumbarra Foundation is open to discuss recognition of bequests during the lifetime of the testator.

For major bequest commitments, specific, recurrent program funding is an option, as well as naming rights to spaces at performing arts venues and other civic locations.

 

The Ulumbarra Foundation can provide recognition during one’s life time, including;

a) Letter of appreciation;

b) Invitations to certain events;

c) Copy of newsletters or publications

 

A bequest contribution from a deceased estate is recognized in the following way:

a) Letter of appreciation to executor/ family of deceased

b) Acknowledgement and appreciations included in newsletter or publications (sent to executor/family)

c) Media recognition

d) Name/plaque on memorial wall, or on item purchased with funds

 

Note that prior to any public recognition of a bequest contribution to the Ulumbarra Foundation, the consent of the executor and family must be provided prior to the publication of the deceased’s name.

If you would also like to have a confidential discussion with someone from the Ulumbarra Foundation about your plans for leaving a remembrance, or to discuss how your gift might be used, we invite you to call (03) 4408 6512 or email info@ulumbarrafoundation.org.au