Give Through Your Will

Leave a Gift in Your Will

Thank you for considering a gift in your Will. It is an extraordinary act of generosity and a way to make a significant difference beyond your lifetime.

Our mission is to increase the number of bedrooms available for homeless youth and support initiatives that have a tangible impact on youth homelessness. We do this through partnerships with other charities, companies and staff in the property and construction industry. By leaving a gift in your Will to the Property Industry Foundation, you will be helping to make a difference in the life of a homeless young Australian.

Gifts in Wills have a significant and long-lasting impact on communities, families and young people experiencing or at-risk of homelessness. These generous gifts allow us to provide those young Australians in need with a safe place to call home.

How to make a charitable contribution in your Will

If you are planning to remember the Property Industry Foundation n in your Will, we recommend that you discuss your wishes with your family, solicitor and with the team at the Foundation. By informing us of your plans you’ll become part of a special group of supporters. Please know that any information you provide us with is simply a statement of your current intentions and is in no way legally binding and will be kept in the strictest confidence.

Please contact Stacey Vice at (02) 9055 7699 or to learn more about leaving a gift in your Will.

Understanding the Concept of a Bequest

A bequest or gift in Will legally transfers your personal property (for instance your house, car, heirlooms, or money) to someone else at the time of your death. It’s also important to know that there are various types of bequests or gifts in Will depending on how or what you’d like to gift.

Types of Gifts

A residuary gift

A residue is a gift amounting to whatever remains in your estate after loved ones have been taken care of.

A pecuniary gift

A pecuniary gift allows you to leave a fixed amount of money from your estate to the Property Industry Foundation such as real estate or shares.

A percentage

A percentage allows you to leave a nominated percentage of your estate to the Property Industry Foundation.

A specific gift

A specific gift allows you to leave a particular gift from your estate to the Property Industry Foundation real estate or shares.

The Benefits of Charitable Bequests

You can create a legacy for yourself or your family.

Through a gift in your Will, you can leave a legacy behind after you pass. Whether leaving a bequest as a tribute to a family member or creating a legacy for yourself, you benefit from a gift in your Will because you can make a lasting impact on homeless youth.

You may secure the tax benefits of a gift in your Will for yourself and your heirs.

A gift in your Will to the Property Industry Foundation is not Tax-Deductible, although your bequest may be exempt from capital gains tax (CGT) if it includes shares, property, or other assets that are liable for CGT. Talk to your solicitor and financial adviser to find out how this may apply to you.

You gift in your Will will be acknowledged

We like to honour the legacy of donors by acknowledging gifts left by individuals and/or funds on our Bequest Honour Roll and in printed materials. It is also important for us to be able to tell grant recipients where the gift came from. However, we also value your privacy and will seek permission prior to any public acknowledgement.

Next Steps to Set Up a Charitable Bequest

If you would like to leave a gift to the Property Industry Foundation, your solicitor can advise you on the best way to do this.

Suggested wording for your Will

You may wish to update your existing Will with a codicil (addendum) or use the following sample wording to insert a clause in your Will:

“I (insert name here) give the Property Industry Foundation Limited (ABN 67 641 455 709)…. [Insert one of the following];

  1. The whole of my estate
  2. (insert number) % of my estate
  3. The residue of my estate
  4. The sum of $ (insert amount)
  5. My (Details of a particular asset, such as shares or property)

for its general purposes free of all duties and taxes payable upon death or in consequence of my death. The receipt of the authorised officer, for the time being, shall be a complete and sufficient discharge for the Executor/s.”

How Your Donation Supports Youth Homelessness

45,000 Young People are Homeless. We Provided 86,870 Nights of Safety Last Year.

Frequently Asked Questions

What is a Gift in Will?

A bequest or ‘Gift in Will’ is the donation you make when you include the Property Industry Foundation in your Will.

Don’t you have to be wealthy to include a Gift in your Will?

Not at all. Many everyday Australians include charitable gifts in their Wills. They know they can look after both their loved ones and the causes that have been important during their lifetime.

Every gift – no matter its size, will help us continue our work to prevent, treat and beat stroke.

What if I already have a Will?

Your Will records your wishes at a particular point in time. It is advisable to regularly review your Will to ensure that it still accords with your wishes and deals effectively with your assets. There are also certain life events which should trigger a review of your Will such as the birth of a child or grandchild, marriage, divorce or the death of a beneficiary. If your current Will still reflects most of your wishes, and you simply wish to make some additions or small changes, your solicitor can help you create a Codicil. It’s important to consult your solicitor to ensure the original Will is not affected.

What type of gifts can I include in my Will?

There are a number of ways you can include a gift to the Stroke Foundation in your Will:

  • A percentage or share of your estate (residual legacy)
  • A specific sum of money (pecuniary legacy)
  • Property
  • Shares
  • The whole of your estate

Make sure you speak to your solicitor about which option will best suit you.

What if I need to look after my family?

Of course, we understand that taking care of your loved ones must come first.

Should I discuss my gift with my loved ones?

Yes, we recommend that you let your loved ones know about your gift so they understand why making a difference in the life of a homeless young Australian is important to you. It will also help ensure your final wishes are fulfilled.

How will my gift be used by the Property Industry Foundation?

Your generous gift will go to the area of most need at the time. This could be the build or refurbishment of homes for homeless youth or funding a systemic change initiative or program. If you would like your gift to go towards something specific, please contact us to discuss this. It’s worth remembering though that most gifts in Wills aren’t received for many years so if you include a general gift it means we can fund the most critical work at that time.

Are Gifts in Wills to the Property Industry Foundation Tax-Deductible?

Not usually, although your bequest may be exempt from capital gains tax (CGT) if it includes shares, property, or other assets that are liable for CGT. Talk to your solicitor and financial adviser to find out how this may apply to you.

Can I remain anonymous?

If you do choose to share your intentions with us you can also request your gift remain anonymous after it has been received.

Do I need to let the Property Industry Foundation know about my intentions?

It is not necessary to let us know about your intentions. However, we would welcome the opportunity to thank you for your gift during your lifetime. As a Gift in Will donor, you will be invited to attend special Foundation events and receive news updates.

Can I change my will?

You can change your will at any time, and you should do so when your circumstances change. For small changes, you will need to make a codicil. For any major changes, making a new Will is best.

What makes a Will valid?

To be valid a Will must:

  • Be in writing (whether handwritten, typed or printed).
  • Be signed; and
  • Your signature must be witnessed by two other people who also need to sign the will.

Why is it important to have a will?

A will is a legal document that outlines who will receive your property and possessions when you die. A valid Will is important if you have family or other people that financially depend on you.

Thank You

Please contact us at (02) 9055 7699 or to learn more about leaving a gift in your Will.

Get Involved

Join us in our mission. Learn how you can contribute to creating housing and accommodation from homeless youth people.