How to leave a bequest to Monash
1. Decide on a giving level that's suitable to you
After considering the needs of your family and loved ones, you can make a bequest of the remaining assets to Monash. Alternatively, you can make a specific bequest, which could include a set amount of money, a portion of your estate or valuable collections you’d like to donate.
2. Consider your interests
Are you interested in music, art or science? Perhaps you would like to support a certain research area or community group. When you leave a planned gift to Monash, you can specify how you would like your funds to be used, or let the University allocate the funds on your behalf.
Leaving a planned gift is a very personal decision. Whether you would like to establish a fund in your name or in the name of a loved one, or leave your gift anonymously, it would be our pleasure to discuss your preferences with you.
A gift of a scholarship
Many of the contributions we receive go to our students via scholarships, rewarding excellence or helping disadvantaged high-achievers accept their place with us. Your planned gift enables bright, young individuals to achieve their ambitions, regardless of their hardships – whether it be broken homes, financial strife or Indigenous prejudice.
A gift to research
Everything we do is driven by an unrelenting desire to improve the world. Your generosity could further support our understanding of superbugs, finding a solution for global warming, or even help us develop more sustainable communities.
A gift to advance facilities
From our beginnings as a traditional institution, Monash has evolved into a state-of-the-art knowledge centre. We are committed to creating a vibrant hub where students and researchers from almost every discipline come together to collaborate and drive the ideas that will shape our future.
An open gift
If you are unsure which area to support, you can direct your planned gift to a specific faculty or to the University in general, and we will direct your contribution to the area most in need.
3. Prepare your will
It’s simple. You can include a bequest to Monash when you write your will. If you already have a will, you can add a codicil (a legal provision) to include the bequest. For assistance on will writing and amendment, we recommend that you consult a solicitor, a trustee or accredited wills and estate specialist.
Here is an example of the type of language you can use:
“I bequeath Monash University of Clayton, Victoria 3800, ABN 12 377 614 012, the sum of ______________ dollars {or the percentage of the residual estate}, to be applied for the purposes of ______________ (or) by Monash University in such a manner as its Directors may determine.
I direct that the receipt in writing of an authorised officer of Monash University shall be deemed proof of payment.”