Your gift will help The Gut Foundation

What is the Gut Foundation?

The Gut Foundation was founded by the Gastroenterological Society of Australia in 1983.Its main objective is in primary prevention of disease through better nutrition.

The Gut Foundation is a non-profit foundation specialising in research and education of all aspects of gastrointestinal and digestive health. For both the public and fellow medical practitioners.

Why leave a bequest to The Gut Foundation?

The Gut Foundation needs the support of the public in order to improve the management of digestive health by coordinating clinical care and research activities.

The Gut Foundation needs the support of the public in order to provide support for all persons with gastrointestinal disease, their families, their careers and their friends.

The Gut Foundation needs the support of the public in order to prevent and find cures of gastro intestinal cancers through clinical care and research.

What can The Gut Foundation can do for you?

The Gut Foundation’s understanding of diseases is always evolving and improving. The Gut Foundation produces a range of booklets dealing in detail with specific digestive problems. The material is constantly being revised and updated so that current knowledge and changes in therapy can be communicated quickly and accurately to the public.

These and other support material are available to anyone wanting to know more about a specific gut problem.

How your bequest will help The Gut Foundation?

Your bequest will help fund every aspect of prevention and cures for gastro intestinal cancers through clinical care and research.

4 ways your bequest can make a difference

1.Unencumbered bequest - Bequests made without specified intentions will be directed to the most vital areas of need within The Gut Foundation. An unencumbered bequest is the most flexible way to benefit the Foundation

2.Support research - Your bequest will assist The Gut Foundation to help research and education of all aspects of gastrointestinal and digestive health

3.Fund scholarships, awards and prizes - You could establish a scholarship, award or prize to support up and coming young medical practitioners studying or researching into aspects of gastrointestinal and digestive health

How do I leave a legacy to The Gut Foundation?

Leaving a legacy in your will is the only way to guarantee that your estate go to the people and causes that you care.

However, because a will is a legal document, we advise that you use a solicitor to help you draft it. That way you can be sure that your wishes will be carried out to the letter.

There are four ways to leave a legacy to The Gut Foundation:

  • Percentage bequest - a specified percentage of your total estate;
  • Residual bequest - the remainder of your estate (the residue) after all debts, charges and gifts have been deducted. A residual bequest maintains its relative value and automatically adjusts with the value of your estate;
  • Specific bequest - an asset (other than money). This may include property, paintings and shares;
  • Pecuniary bequest - a gift of a fixed amount of money.
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    If you choose to leave The Gut Foundation a bequest, we suggest your solicitor uses the following wording:

    “I give to The Gut Foundation the sum of $_____________________ or xx%, share,residue of my estate, which I direct to be paid free of all expenses and duties of whatever kind and I express the wish that

    (a)Such sum be used to support_________________ (eg scholarships, research & education etc) for The Gut Foundation

    (b)I express the wish that this be done in the name/memory of (insert your chosen name)

    and I direct that the receipt from The Gut Foundation shall be sufficient discharge to my trustee.”

    Please make sure your solicitor checks the final wording before you send it to us.

    What to do if you already have a will?

    If you have already made a will, simply ask your solicitor to add a codicil. A codicil is a document made subsequent to the signing of a will, with the intention of altering one or some of the provisions in the will.

    Adding a codicil to your will is actually very simple. We suggest the following wording but again check the final document with your solicitor.

    “I (your name) of (your address) declare this to be a (first or other) codicil to my will dated (date of will). In addition to any legacies given in my said will, I will give The Gut Foundation (…% share of my estate, or the sum of…, or a specific item) to be used for its general purposes. I declare that the receipt of its Hon Treasurer or other proper officer shall be a full and sufficient discharge.

    In all other respects I confirm my said will and any previous codicils thereto.”

    Keeping your will up to date

    Over the years lives can change dramatically. Births, marriages, deaths, divorce and new bequests can all play a part. A will requires continuing periodic review and can be altered easily by means of a codicil. You should review your will every five years or whenever there is a major change in your circumstances.

    Keeping your will safe

    Once your will has been signed it should be kept in a safe place, either at home or deposited in the bank. Alternatively, you can leave your will with your solicitor. Whatever you decide, it is important that your Executors are informed about the storage arrangements.

    If you are interested in leaving a bequest, contact us on (02) 9398 9546 or info@gutfoundation.com.au.