Bequests

One of the most important ways you can support The Prince Charles Hospital Foundation is to remember us in your Will.

By making a bequest in your Will, you can ensure that your gift will be given to The Prince Charles Hospital Foundation to support medical research to help future generations.

Some of the bequests that have been left to the Foundation include cash, shares, property, and personal items such as jewellery.
 
As your Will is a legal document, it’s important you include the right wording to ensure your intention is clear. You have several options when leaving a bequest in your Will.

The types of gifts you might choose are:

Specific gift for research purposes

This is a gift of a specified amount or percentage of money or a specific asset from your estate which the Foundation can use to support medical research.

Suggested wording for your Will to make a specific gift for research purposes:

“I GIVE to The Prince Charles Hospital Foundation, presently located at Rode Road, Chermside, [the whole of my estate/ the sum of $_____ / (proportion) of my Estate / a particular asset] free of all duties and charges to be used at the discretion of The Prince Charles Hospital Foundation for general research purposes. I DIRECT that the receipt of the secretary or treasurer for the time being of The Prince Charles Hospital Foundation shall be a complete discharge for my Trustee who shall not be required to see the application of the gifts.”

Gift of residuary estate for research purposes

This is the remainder of your estate after all other gifts and taxes have been allocated, which the Foundation can use to support medical research.

Suggested wording for your Will to make a gift of residuary estate for research purposes:

“I GIVE to The Prince Charles Hospital Foundation, presently located at Rode Road, Chermside, [my residuary estate], free of all duties and charges to be used at the discretion of The Prince Charles Hospital Foundation for general research purposes. I DIRECT that the receipt of the secretary or treasurer for the time being of The Prince Charles Hospital Foundation shall be a complete discharge for my Trustee who shall not be required to see the application of the gifts.”

Specific gift for equipment purposes

This is a specified amount or percentage of money or a specific asset from your estate, which the Foundation can use to purchase equipment.

Suggested wording for your Will to make a specific gift for equipment purposes:

“I GIVE to The Prince Charles Hospital Foundation, presently located at Rode Road, Chermside, [the whole of my estate/ the sum of $____ / (proportion) of my estate/ a particular asset], free of all duties and charges to be used at the discretion of The Prince Charles Hospital Foundation for purposes of purchasing equipment. I DIRECT that the receipt of the secretary or treasurer for the time being of The Prince Charles Hospital Foundation shall be a complete discharge for my Trustee who shall not be required to see the application of the gifts.”

Gift of residuary estate for equipment purposes

This is the remainder of your estate after all other gifts and taxes have been allocated, which the Foundation can use to purchase equipment.

Suggested wording for you Will to make a gift of residuary estate for equipment purposes:

“I GIVE to The Prince Charles Hospital Foundation, presently located at Rode Road, Chermside, [my residuary estate], free of all duties and charges to be used at the discretion of The Prince Charles Hospital Foundation for purposes of purchasing equipment. I DIRECT that the receipt of the secretary or treasurer for the time being of The Prince Charles Hospital Foundation shall be a complete discharge for my Trustee who shall not be required to see the application of the gifts.”

Named funds

If you would like to create a named fund or perpetual gift, please contact the office on 07 3139 4636 so we can discuss the options that best suit your individual situation.

Read about the Patrick and Dorothy Woolcock Medical Research Fund.