Including a gift in your Will is a very special act of generosity and kindness. Gifts in Wills allow us to plan for the future with confidence, investing in services that address the underlying causes of deep, persistent disadvantage and social exclusion.
Everyday at the Mission, we see new personal strengths, achievements and optimism unfold for people. With someone in their corner, people who have faced extraordinary disadvantage and repeated episodes of trauma can find the courage to face the challenges in their life.
This is an opportunity for you to align your values with ours and create long-term change.
Types of bequests
Residual gift – whole or percentage
The residual of an estate is the value remaining once all taxes, debts and costs have been paid.
After taking care of your family and loved ones, the remainder of your estate can be gifted as a percentage or as a whole of the residual estate.
Residual and percentage gifts maintain their value over time and are less influenced by economic changes.
A specific dollar amount
This is a set dollar amount chosen by you when drafting your Will. It is best to review your Will frequently, to ensure your intended value is not eroded by inflation over time.
Specified assets (items of value)
You may choose to gift shares, property, jewellery, superannuation or insurance policies and art work.
Gifting shares to Sacred Heart Mission Foundation Ltd’s share portfolio increases the reliability of the share pool, subsequently providing income for the future.
Wording to use
There are two options to include a gift to Sacred Heart Mission in your Will:
Sacred Heart Mission Foundation Ltd
Where your gift shall be invested, building a strong financial base for Sacred Heart Mission. The Foundation generates reliable income, providing funds in perpetuity to ensure ongoing delivery and development of our services.
I … Insert Name….give free from all taxes the following
(residual, percentage, specific gift) of my Estate to Sacred Heart Mission Foundation Ltd (ABN 39 280 174 491) of 87 Grey St, St Kilda, Victoria 3182 for its general purposes
An official receipt from Sacred Heart Mission Foundation Ltd shall be sufficient for my executors.
Gifts in Wills to our foundation – quick information
Legal Name: Sacred Heart Foundation Ltd
ABN: 39 280 174 491
Registered address: 87 Grey Street, St. Kilda, VIC 3182
Sacred Heart Mission Inc.
Where your gift shall be directed to our programs and services, like the Dining Hall, Women’s Services or Health and Wellbeing Program,
I … Insert Name….give free from all taxes the following
(residual, percentage, specific gift) of my Estate to Sacred Heart Mission Inc (ABN 62 843 874 179) of 87 Grey St, St Kilda, Victoria 3182 for its general purposes.
An official receipt from Sacred Heart Mission Inc shall be sufficient for my executors
Gifts in Wills to Sacred Heart Mission Inc – quick information
Legal Name: Sacred Heart Mission Inc
ABN: 62 843 874 179
Registered address: 87 Grey Street, St. Kilda, VIC 3182
Adding to an existing Will
A codicil can be created to include a gift to Sacred Heart Mission to your existing Will. It is advisable to seek help from a professional ensuring the codicil is drafted and signed correctly.
Contact us
Including a gift is an important decision but it doesn’t have to be complicated. We have information to make the process as easy as possible. If you have been kind enough to include a gift in your Will, we thank you. Please let us know so we can thank you in person and discuss your wishes and invite you to events.
If you would like to discuss any aspect of including a gift in your Will, please contact our Donor Relations Coordinator Sue Worland:
Phone: 8530 8394
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