Bequests have played an incredibly important role in supporting the University, allowing it to deliver optimum educational and research outcomes for the community, state, national and global priorities. When you leave a gift in your Will you are making an enduring contribution to advance teaching and learning and fast-tracking important discoveries.
At Flinders, we have been progressively shifting our activities to align more closely with community, state, national and global priorities. We have developed new programs in much-needed areas, entered into international industry partnerships, nurtured innovation and entrepreneurship, and secured research grants addressing specific problems that have the potential to make a significant impact on the community.
I invite you to support this work by considering a Bequest to Flinders University.
By making a gift in your will you will join a community of supporters who also believe in the power of education to transform lives. Together we can ensure that over the course of the next five decades, Flinders continues to remain accessible to students from all backgrounds and means, and attracts the world’s best academics and researchers.
Frequently Asked Questions
You will usually be the type of person who wants to effect change and make a difference. You will be someone who knows that money provides choice and opportunity to enrich and enlighten our world when shared selflessly. You will be the type of person who simply wants to do good for others.
We thank each and every one of you for your kindness and thoughtfulness.
Your generous support will ensure that generations of students, teaching staff and researchers will benefit from enduring investments in:
- Resources to support our state-of-the-art teaching and learning
- New and existing facilities to deliver world class programs
- Student support through scholarships
- Innovative programs and research
Flinders University has established the Karmel Endowment Fund which provides income for a wide range of University purposes including the funding of research projects, prizes to students and scholarships. Your gift will be managed by the Fund and will be used according to your wishes.
The responsibility for monitoring the Fund lies with the Chief Financial Officer, the University’s Finance Committee and Council. Performance reports are provided monthly by fund managers and reports are provided to each Finance Committee meeting to enable timely monitoring to occur.
Funds in the Endowment:
- are invested by the University
- contribute a percentage of the interest earned annually (3 per cent in 2015) to support the cause the gift was left in aid of
- remain in perpetuity as the remainder of the interest is reinvested to ensure capital growth
In this way your gift will continue into the future to support generations of students and researchers. All gifts go directly to the cause which the gift has been left to. None of the capital is used for administration costs.
Leaving a gift in your will is often referred to as a bequest. There are two simple ways to remember the University in your will:
- A specific bequest directs a fixed dollar amount or assets or property
- A residuary bequest directs all or a percentage of the remainder of your estate, after specific gifts to other beneficiaries have been fulfilled. No percentage amount is too small and any amount can make a significant impact.
If you don’t have a will, then the first thing you should do is seek legal advice about creating one. The Public Trustee in your State or Territory can provide advice on making a will and can help you find a solicitor.
The University can help you plan a bequest that best fits your wishes. When considering Flinders University in your Will, it is recommended that you seek independent legal advice to ensure it conforms to State laws. If you already have a Will, a Codicil (or supplement) is a quick and easy way to make a gift through your Will.
Any bequest to Flinders University should be made after family and friends have been considered.
If you wish to include Flinders University in your Will, please download this document (PDF).