leave a legacy of hope.
A gift to the Snowdome Foundation in your Will could make a lasting contribution in the fight to find a cure for blood cancers.
After you have looked after your loved ones, your generosity would help provide ongoing funding for Australian researchers to advance new treatments, help facilitate clinical trials of new drugs and therapies and ultimately help ‘make hope real’ for Australians with blood cancers.
“Having served as a Board member of the Snowdome Foundation for five years, I had the privilege of working alongside the dedicated and passionate co-founders, directors and executive team. Their steadfast commitment to improving outcomes for Australian blood cancer patients is strategic and passionate. I would like to help their brilliant work continue into the future and have therefore included a charitable bequest to Snowdome in my will.”
– Sue Timbs. Snowdome Alumni
Types of gifts in wills
Leaving a gift in your will can be done in a number of ways. If you are unsure about the process, we recommend you speak with your solicitor, trustee company or the Public Trustee.
Your gift could take the form of:
A residual gift
A specific amount of money
Specific items or assets of value
A contingent bequest
A residual gift
A residual gift is the best type of gift because it maintains the relative value of your gift and automatically adjusts to changes in the value of your estate. This ensures your loved ones are cared for and only the balance or a portion of the balance goes to the Snowdome Foundation.
Specific amount of money
This type of gift is sometimes called a pecuniary bequest. A pecuniary bequest allows you to nominate a specific amount of money that you would like to donate to the Snowdome Foundation.
Specific items or assets of value
Anything of value, such as property, shares, a life insurance policy, jewellery or works of art, may be specifically named in your will and given directly to the Snowdome Foundation.
This is whereby you establish a trust in your will to allow a spouse or other named beneficiaries (usually family members) to use your property and to receive all of the income derived from your estate during their lifetime. When they die, the capital and interest will be passed on to the Snowdome Foundation (as contingency beneficiary).
Indicating how your gift should be invested
Most people indicate in their will that the Snowdome Foundation should distribute the funds towards:
accelerating blood cancer research
priority needs for the Snowdome Foundation
Snowdome Foundation Endowment.
Please seek legal advice – we recommend that you seek the advice of an independent solicitor or qualified legal advisor before making or revising your will. You should also seek qualified advice before choosing executors to administer your estate.
Suggested wording for your will
To ensure your intentions are correctly followed, it is important to word your will correctly. The suggested wordings for each type of gift are set out below.
Accelerating blood cancer research
A gift to the Snowdome Foundation will help support innovative research to accelerate new treatments for Australian blood cancer patients. “I give [all of my residual estate / ___ percent of my residual estate / the sum of $ ________ (choose one alternative)] to Snowdome Limited as trustee for the Snowdome Foundation, Suite 4, 209 Toorak Road, South Yarra, Victoria, 3141, to be used for the purposes of Australian blood
A gift to the Snowdome Foundation will help support high priority needs of the foundation, such as infrastructure or administrative costs, as deemed by the Snowdome Board. “I give [all of my residual estate / ___ percent of my residual estate / the sum of $ ______ (choose one alternative)] to Snowdome Limited atf the Snowdome Foundation, Suite 4, 209 Toorak Road, South Yarra, , Victoria, 3141, to be used for any high priority needs of, or connected with, the Snowdome Foundation and I further declare that the receipt of the CEO, or Directors of the Snowdome Limited atf the Snowdome Foundation is sufficient release for the executors of the Estate without seeing to the final distribution of the funds.”
Snowdome Foundation Endowment Fund
The Snowdome Foundation Endowment Fund investment generates a perpetual stream of income to help accelerate next generation blood cancer research projects, and to meet the Snowdome Foundation’s other highest priority needs.
“I give [all of my residual estate / ___ percent of my residual estate / the sum of $ ______ (choose one alternative)] as an endowment to Snowdome Limited atf the Snowdome Foundation, Suite 4, 209 Toorak Road, South Yarra, Victoria, 3141, to be held upon trust and I direct the Trustee of the Foundation, Snowdome Limited, to make income distributions for the purposes of funding blood cancer research activities in Australia and I declare that the receipt of the CEO, or Directors of the Snowdome Limited atf the Snowdome Foundation is sufficient release for the executors of the Estate without seeing to the final distribution of the funds.”
Please download this wording to share with your legal adviser.
How to leave a gift in your will to the Snowdome Foundation
In most cases, it is a simple process to write or revise a will to include the Snowdome Foundation. Your efforts will help bring next-generation treatments to Australian blood cancer patients.
Simple steps for remembering the Snowdome Foundation in your will:
Consult your legal adviser to ensure the option you have chosen best reflects your intentions.
Discuss your decision with your family and loved ones. This will ensure they understand and support your reasons for choosing to help the Snowdome Foundation in such a powerful way.
Once you have remembered the Snowdome Foundation in your will, please let a member of Snowdome know. While you do not need to tell us, we would love the opportunity to thank you for your kindness.
Informing us of your decision
Informing us of your decision to remember the Snowdome Foundation in your will provides us with the opportunity to personally thank you for your kindness and generosity. Please contact our Snowdome Executive at [email protected] Thank you.
There are many ways you can fundraise for Snowdome. Imagine how you will make blood cancer patients feel knowing you’re helping them on their journey, and how good you’ll feel doing it. After all, the gift is in the giving.
They say any money raised for charity is good money. It’s true. But most importantly it’s the why you’re doing it and whom you’re doing it for. If your own values are aligned with Snowdome’s, we’d say you’re off to a flying start.
We have had wonderful people raise funds for Snowdome through, swimming, cycling, running and hiking. We don’t mind how you do it – you are all heroes to Australian blood cancer patients. So, set yourself or a team a challenge and raise funds to cure blood cancer. See My Cause for inspiration.
More than 150 workplaces utilise Good2Give enabling you to make a pre-tax donation to the Snowdome Foundation. Some companies even match donations doubling the value of your contribution to blood cancer research.
Our Directors and Committee Members are made up entirely of selfless volunteers who devote their time and energy to helping Snowdome ‘make hope real’ for Australians in the fight against blood cancer.
In addition, our Pro Bono and Event partners are also integral to Snowdome’s success. That helps keep costs low, enabling us to direct over 85% of funds raised towards our mission.
So, do you have what it takes? If you’re interested on a personal level or your company are interested in getting involved on any level, please contact us by phone – 03 9005 0814 or [email protected]
Click here for Volunteer Guidelines.