Would you like to learn how to leave a gift in your Will?
Leaving a gift in your Will is also known as leaving a 'bequest.' Read on to find out everything you need to know about leaving a gift in your Will to The Fred Hollows Foundation.
If you need any more information, don't hesitate to get in touch with Nadia, our Relationship Manager, by emailing [email protected] , calling 1800 352 352 (free call) or filling out the form at the bottom of the page.
What will your legacy be?
Fred Hollows is remembered for the incredible legacy he left behind - The Fred Hollows Foundation. Like Fred, your legacy could be the gift of sight to people in need around the world.
In his final years, Fred travelled to Vietnam to train hundreds of doctors who went on to train others and ensured his life-changing work carried on. Fred’s gift, The Foundation, will continue to work towards his vision for a world where no person is needlessly blind.
I believe the basic attribute of mankind is to look after each other.
- Professor Fred Hollows
With the help of our supporters, The Foundation has restored sight to more than 2.5 million people in over 25 countries, screened more than 23 million people for eye disease, and trained more than 200,000 specialist eye surgeons and nurses, community health workers and teachers.
However, there are more than 36 million people in the world who are blind and 4 out of 5 of them don’t need to be. In most cases, eye diseases like cataract, trachoma and diabetic retinopathy can be treated or prevented.
By leaving a gift to The Fred Hollows Foundation in your Will, you can help transform the lives of many of the millions of people living with avoidable blindness.
Dr Sanduk Ruit, a close friend of Fred's who shared the same vision: ending avoidable blindness, at Pullahari Monastery for the outreach eye camp held on the outskirts of Kathmandu restoring sight to many people.
How to leave a gift to The Foundation
We know that your first priority is to look after your loved ones in your Will. We also know it is important for you to talk to them about your wishes and the reason why you might choose to leave a gift to The Fred Hollows Foundation.
Gifts in Wills (also called Bequests) are property or assets given to an individual or organisation in your Will. Gifts in Wills can come in many different forms including residues of estates, fixed sums of money, or percentages of assets.
What type of bequests are there?
- Residuary – the remainder of the Estate after specific gifts have been disbursed.
- Percentage – a percentage of the residue or the entire Estate.
- Pecuniary – a specific gift of cash.
- Specific asset – this could be real estate, shares, bonds or other items of value (works of art, jewellery etc.).
- An investment in perpetuity.
You can leave a gift specifically for one of the following purposes:
- General purposes: By leaving a gift for general purposes, you enable The Foundation to make the most of your contribution by using it towards the projects with the highest priority at the time of the gift.
- International programs: Gifts directed to our international programs support The Foundation’s work in more than 25 countries including sight-saving surgery, screening and prevention, antibiotics for eye diseases, training and education.
- Indigenous Australia program: Part of The Foundation’s mission is to improve the health of Aboriginal and Torres Strait Islanders. Gifts to our Indigenous Australia Program will help reduce the 94 per cent of vision loss that exists among Aboriginal and Torres Strait Islander people.
To make the process as simple as possible, we have provided the following suggested wording when including The Fred Hollows Foundation in your Will. You can take this to your solicitor or directly write it into your Will if you are managing it yourself.
Suggested wording for your Will
I give ... (insert benefit, either residual gift, a percentage or specific gift amount) to The Fred Hollows Foundation ABN 46 070 556 642, for its:
a) General purposes
b) International programs for general purposes
c) Indigenous Australia Program for general purposes
(choose one out of a, b, c)
I declare that the receipt of the secretary, treasurer or other proper officer of the nominated beneficiary will be a full discharge for my trustee who will not be bound to see its application.
Our promise to you
If you choose to leave us a gift in your Will, we promise to:
- Honour your wishes.
- Respect that a decision as important as this needs time – how and when you choose to write it is personal to you.
- Understand that you might change your mind – circumstances can change and you have the freedom to reconsider your decision at any time.
- Honour your privacy – we would like to acknowledge your generosity but will only give you the recognition you are comfortable with.
- Ensure your gift is used in the most effective way.
- Continue to communicate and update you with the latest information on our programs and achievements.
The above information is also included in our free information pack. Click here to download it.
Associate Professor Angus Turner preparing Mavis Arnott for cataract surgery. Mavis had been blind in both eyes for many years. In June 2014, she received cataract surgery on her right eye at Port Hedland hospital, WA. The surgery was successful and she was able to see her 14 year old granddaughter, Brianna for the first time.
Gabi Hollows with Giap. Back in 1992, Fred and Dr Ruit restored Giap's sight. Gabi Hollows travelled to Vietnam to see Giap to see the result of the Foundation's work - 25 years on. Giap is now in his 30's and married to Le Thi Binh. Together they have a son, Minh. Their daughter, Phuc, was born while Gabi was visiting.
Where does your money go?
Gifts in Wills are used to support our sight-saving work, including eye operations & treatments, eye health screening & awareness, and training eye surgeons, nurses, community health workers and teachers.
For every $1 donated, 74 cents goes directly towards eye health programs, 7 cents is necessary for administrative costs and 19 cents goes towards fundraising efforts which allow us to help even more people.
Importantly, in developing countries where 90 per cent of the world’s blind live, restoring sight is not only a cost-effective intervention, but the economic benefits of eliminating avoidable blindness far outweigh the costs.
In fact, a landmark study was conducted by PricewaterhouseCoopers (PwC) on behalf of a consortium of global eye health organisations including The Fred Hollows Foundation. This study, Investing in Vision, showed for every $1 spent on eye health care in developing countries, $4 of economic gain can be made.
Hear from the people who chose The Foundation
Occasionally, we hear from our dedicated supporters who have let us know that they are leaving The Foundation a gift in their Will.
In memory of our wonderful supporters
Over the years, we've formed some amazing relationships with our supporters and their families. Read some tributes from family and friends in memory of those who have left a legacy to The Foundation.
We would love to hear from you. For a confidential conversation, please contact:
Nadia Aden, Relationship Manager - Planned Giving
Alternatively, you can fill in the form below and we'll get back to you as soon as we can.