Bequests
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Leave a legacy for future Queenslanders through giving a gift to the AMA Queensland Foundation in your Will.
If you have been connected to the medical profession in Queensland, we hope you can consider a bequest, no matter how small, to help contribute to impact that lives on for future generations.
Your bequest can be directed towards a specific program that resonates with you and what you’d like to leave as your legacy. Or alternatively, you gift can be left to the discretion of the Board of Directors to determine what is of most pressing need. It is entirely up to you. Your wishes will be adhered to, but you can remain assured that Foundation funds are always directed to where they are needed most.
Our flagship campaigns.
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Medical Student ScholarshipsAn annual campaign awarding $10,000 scholarships to medical students experiencing financial hardship, so that they can continue their studies. If you would like to support the future medical workforce, this is a well established program that creates lasting impact in Queensland communities. You may choose to provide a one-off gift to this program, or alternatively, provide a perpetual scholarship in your name, of $10,000 annually under our Sponsor one Student program. |
GrantsEach year, the Foundation awards Community Grants of up to $20,000 to support innovative projects that enhance healthcare outcomes in areas of need. This is about helping local, grass-roots initiatives get off the ground, or continue their great work. You can choose to provide a one-off contribution to this program in your will, or alternatively, provide a grant annually sponsored in your name.
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What is a bequest?
When preparing your Will and dividing your estate, your immediate family should be considered first. However for some people, giving through their estate is the only time they are able to provide a significant donation to an organisation they have respected throughout their lives.
Making your Will
The choice is yours and you should speak with your solicitor about your options for making or updating your Will.
The AMA Queensland Foundation hopes you will consider a Residuary Bequest. This type of bequest can give you the greatest peace of mind through allocating a residual of your estate after all your other gifts, taxes, and debts have been fulfilled.
This means you can look after your family first, and be assured the Foundation will benefit and your gift will make a positive impact on the lives of other families
Leaving a bequest in your Will
To make a bequest to the AMA Queensland Foundation in your Will, you can choose to give a portion of your estate, a set cash amount, real estate, shares, securities, life insurance, or other assets, such as fine art. Once you have determined how you want to make a bequest to the Foundation, please consult your solicitor and request the inclusion of the following paragraph in your Will. Please advise us if you wish your bequest to remain anonymous.
Suggested legal wording:
I give and bequeath free of all duties and taxes, (death, estate, succession or otherwise, payable in consequence of my death), (a portion of my Estate), OR, (a portion of the residue of my Estate) OR, (the sum of $.......) OR, (a specific asset) to the AMA Queensland Foundation (ABN: 31 093 701 083) general purpose fund. To be applied for the general purpose of the Foundation. I declare that the receipt of the officer of the said Foundation shall be a full and sufficient discharge to my Trustee for the payment of the said sum, and that my Trustee shall not be bound to see the application thereof.
Honoured Friends of the AMA Queensland Foundation
The AMA Queensland Foundation is humbled by those who have chosen to include the Foundation in their Will. We refer to those who have advised us of their intentions as Honoured Friends.
Through their bequests, the work of the Foundation will continue serving the people of Queensland well into the future.
Please connect with us
We know that making a Will can be a very personal matter. However, if you decide to make the AMA Queensland Foundation one of your beneficiaries, we would love to know so that we may acknowledge and recognise your generosity. We aim to keep our supporters well informed about how their generous assistance will make a perpetual difference to the Foundation and the people we help.
If you require further information or wish to discuss making a Bequest in more detail, please reach out to the AMA Queensland Foundation [email protected]. All communications will be treated in the strictest confidence.