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 If
you are one of those many people who have derived
pleasure and knowledge from the Abbey Museum, and want
to provide for the Museum’s growth and continuity, you
might consider a legacy or bequest?
TYPES OF BEQUESTS
A
person who makes a legacy or bequest will usually do so
in one of the following ways:
-
A specific gift . . .
In which a specific sum of money or property, such
as land, shares or bonds,
or items such as a collection of antiquities or works of
art, is nominated.
-
A proportionate gift . . .
When a specific proportion of the estate is nominated;
i.e. “1/3 of my estate.” Or
“50% of my shares.”
-
A residuary bequest . . .
When the remainder or a portion of the remainder of the
estate, after all other debts or bequests have been
settled, is nominated.
HOW A BEQUEST CAN HELP THE ABBEY MUSEUM
People who make bequests to cultural
institutions are
generally persons who want to do something useful with
their money, property or possessions after their death.
The Abbey Museum is one of those rare treasure houses of
heritage but like everything else of value requires
money to survive. Your gift can help it grow and
continue giving pleasure and knowledge to thousands of
people.
Your gift can be used in a number of ways:
-
By contributing to the building itself through an
endowment fund or funds
towards a new gallery.
-
By helping preserve the treasures already in the
collections.
-
By donating works of art or antiquities from your own
collection or providing funds for the purchase of new
works of art.
There is great satisfaction in gifting, knowing that
your donation can be used to support the
building fund, or endow a work of art that will carry
your name and help educate thousands
of people.
MAKING A BEQUEST
Making a bequest to the Museum by of legacy is quite
simple. It involves contacting your trustee or solicitor
and making an alteration to your will.
To ensure that your bequest is legal it is safer to use
the following clause:
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I give, devise and bequeath to the Abbey
Museum of Art and Archaeology, Inc. of 1-63
The Abbey Place, Caboolture, 4510,
for its general purpose
______________________ [i.e. the sum of
money, description of shares, bonds or
property , works of arts, etc.]
I declare that the receipt of the director,
or treasurer, or other proper officer of the
Museum, shall be a full and sufficient
discharge to my executor(s) or trustee(s)
and that (they, he/she) shall not be bound
to see the application thereof. |
If an artefact or work of art is being gifted, it is
necessary to check with the Museum first to make sure it
comes within the Museum’s collection policy. The Museum
has a strict collection policy to maintain the quality
of its collections.
Email the Director on
director@abbeymuseum.asn.au or
Phone 07 5495 1652.
A problem can arise if the object is inadequately
described in your will, so make sure that your solicitor
or trustee understands what object it is that you intend
to leave to the Museum.
The
Abbey Museum is a registered charity with the Australian
Tax Office. All donations over $2 are fully
tax-deductible for Australian citizens.
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