Leaving the world a better place for future generations is an aspiration we could all consider, and one way to do that is provide a gift to HMRI in your Will for medical research. As your lasting legacy it will help save lives, and change lives, now and forever.
Many Australians donate to charities in their lifetime but few go to the next step of leaving a charitable bequest. In some cases, it represents an opportunity for you to make a greater gift to medical research than you may otherwise be able to afford during your life.
Is there a worthier or more beneficial cause? The results of medical research live on and on, long after you’re gone. Your bequest is invested for perpetuity to fund new projects each year, so together we can beat the terrible diseases currently ravaging our world.
We’d sincerely encourage you to think about this special form of giving and, of course, discuss it with your family and solicitor. Appreciating that the decision is an important one, we will handle your gift with the deepest respect, confidentiality and sensitivity.
HMRI has a ‘Friends for the Future’ supporter group – people who are considering or have chosen to leave HMRI a bequest once they pass on. It’s a personal way to meet other wonderful people with a passion for medical research. We keep you informed about our research and include you on our invitation list to seminars and events.
Each year we hold a luncheon for our Friends for the Future supporters. You hear first-hand from researchers about their work and get to meet our Director, Professor Michael Nilsson. You’re most welcome to bring along a family member or friend.
We have prepared a brochure about leaving a gift to HMRI in your Will, which includes details on how bequests can help HMRI, as well as information that may be useful for your solicitor. To request a copy of this brochure or to have a confidential conversation to find out more about leaving a gift in your Will to HMRI, please contact HMRI’s dedicated Bequest Officer, Julia Berry on (02) 4042 0581 or complete the form below.
When making a Will, your first priority should be to ensure it reflects the way you want to look after your family. Once that is done, including a bequest to HMRI is easy.
You can either include the gift when you write your Will, or simply add a clause to your existing Will by adding a codicil (a supplement modifying a Will) or by updating your Will. You should seek professional legal advice to ensure your wishes are recorded in a legally binding way.
There are two main types of bequests to consider.
- A residuary bequest allows you to look after your family and friends, as well as your chosen charity, in a way that maintains relative value over time. You can choose to give a portion of, or the balance of, your estate to HMRI. Essentially it’s the amount that remains after all other gifts, debts, liabilities and costs have been paid or satisfied. Such a gift is commonly referred to as a “percentage of the residue”.
- A specific bequest is for a specified sum of money or specified asset (such as shares, jewellery or other personal property).
A general-purpose gift gives HMRI the flexibility to decide, through our internal grant applications, which activities and projects are funded by your bequest in response to changing research needs and priorities.
Some people may prefer to specify which particular research discipline (such as asthma or cancer research, for example) they support with their bequest. HMRI does this by making your funding available (again through our annual grants round) with criteria that researchers must meet. You may also like to consider leaving a bequest to one of our wonderful auspiced fundraisers, for example The Mark Hughes Foundation (for brain cancer research) or Hunter Children’s Research Foundation (for childrens’ illnesses research).
You can state your preference in your Will.
For the best wording to use when making a bequest to HMRI, please contact our Bequest Officer to request a handy one page guide to help you or your legal adviser in the preparation of your Will.
Please fill out the form below or call our Bequest Officer Julia Berry on (02) 4042 0581.