A Gift In Your Will
Leave a legacy for a better world.
Including a gift in your Will is a meaningful way to support what you value most.
For more than 145 years, legacy gifts have played an invaluable role in the success of the University of Adelaide and our community. Gifts in Wills have helped generations of students through scholarships, and supported ground-breaking research that has produced positive outcomes both locally and globally.
We will work with you to ensure that your generous legacy will make a difference for many years to come.
Our Planned Giving Officer, Alexandra Bassett, would be happy to have a conversation with you and can be reached on +61 8 8313 3234 or firstname.lastname@example.org.
An amateur pianist and opera enthusiast, Occupational Therapist and Post-Doctoral Research Fellow Dr Mark Thompson has chosen to support a scholarship for classical voice with a gift in his Will.
Thanks to the LF & D Denholm Scholarship, Stephanie was able to undertake research vital to her PhD in the United Kingdom, and work with leading academics.
Leaving a gift in your Will is one of the most powerful ways to make a difference. Once your loved ones have been provided for, you may wish to consider supporting an area close to your heart.
There are many benefits of leaving a gift in your Will:
- Create a personal, lasting legacy.
- Support a cause even if you're unable to make donations now.
- Have control over where your estate is spent, and what it can achieve.
- It can be updated over time as your circumstances and intentions change.
- Invited to join the Hughes Society and meet like-minded people through special engagement opportunities.
There are different types of gifts you can make in your Will, and here is some of the terminology you might come across.
A bequest is a gift of money or property made in a Will. The bequest can be given outright, or made subject to terms such as a preference or condition for its use, or it being contingent on another beneficiary passing away first. Bequests are sometimes also called legacies and there are terms for specific types of bequests. See Residual Gift, Endowment.
A residual gift is a gift of the balance of your estate once all bequests to other beneficiaries have been distributed.
An endowment is a gift which is held forever ("in perpetuity"). This provides a permanent income for the beneficiary, or for a particular purpose specified by the donor.
The Endowment Fund is an investment fund established and maintained by the University, consisting of endowments including gifts in Wills, with the objective of providing long term capital growth as well as a stable annual income stream in perpetuity.
In the University's context, a trust is a legal obligation on the University to use a gift in a particular way. For example, if a gift were received for the stated purposes of funding research into the causes of cancer, that creates a "charitable trust" which obliges the University to hold those funds for that purpose.
The University of Adelaide is trustee of over 500 trusts established by gifts or bequests, providing income for a wide range of purposes including prizes, scholarships, fellowships, research funding, books and publications, and faculty equipment.
We have a University-wide compliance reporting program to ensure that income of each trust is spent for the purpose specified by the donor. For more information visit Trusts and Bequests.
It is easy to leave a gift to the University in your Will, and you can also add a codicil to an existing Will. We strongly recommend that you seek independent legal advice to work with you on the process.
The following may be used in consultation with your advisers:
"I give [my estate]/[portion/the residue of my estate]/[the sum of $___] to the University of Adelaide for its general purposes. I declare that the receipt of the authorised officer of the University for the gift shall be sufficient discharge to my trustees."
If you wish to leave a gift to support a specific area or purpose within the University, such as scholarships or research, please contact us on +61 8 8313 3234 or email@example.com so that we understand your intentions. Our legal team can work with your advisers to ensure that your wishes can be fulfilled.
Please contact our Planned Giving Officer, Alexandra Bassett, for more information on legacy giving on +61 8 8313 3234 or firstname.lastname@example.org.
Alternatively, you can complete the form below and we will be in touch. Your information is treated in the strictest confidence and any intentions you specify are not binding in any way.
If you have notified us that you have made provision for the University of Adelaide in your Will, you will be invited to join our Hughes Society.
The Hughes Society gives us the opportunity to thank you for your generous intentions and show you the difference your legacy gift will make.
Members are invited to a series of events that showcase the current activities of the University, including exclusive lectures, tours and a Gold Pass to attend the Elder Conservatorium Lunchtime Concert Series. You will have the opportunity to meet academics, researchers and students who have benefited from legacy gifts from our community.
A lasting impact
I have greatly enjoyed my association with the Hughes Society. It has given me the opportunity to meet others united in supporting the University, through a diverse program showcasing the work of this fine institution.Marilyn Seidel, BA 1986, Hughes Society Committee Chair