A donation to the Foundation by a donor (or donor’s family) can provide a lasting memorial.
What are the benefits to you?
The donor leaves a lasting legacy to the community.
The expertise of the Investment Committee of the BHC Foundation is utilised in investing the capital of the fund.
The expertise of the Trustees of the BHC Foundation is utilised in analysing and selecting the disbursement of grants made by the Foundation.
What are the benefits to your family?
A donor, (or the donor’s family) who leaves a legacy to the BHC Foundation will be acknowledged and will provide a permanent memorial to the donor.
A major donor to the foundation can in consultation with the Trustees, have some input as to how the income from their legacy is distributed.
There are plenty of reason to leave a lasting gift that will benefit your community.
Make a difference to an organisation providing a much needed service, or assist in the commencement of a long awaited project that has struggled for funding.
How does our community benefit from people giving through the BHC Foundation?
The general promotion and encouragement of charitable giving in Wills will benefit the foundation (both directly and indirectly) as people come to understand the good that comes from giving.
As the BHC Foundation grows there will be a growing pool of income to be distributed annually to organisations such as the Bordertown Memorial Hospital and its associated activities such as Charla Lodge, Community Health etc.
The annual returns from the BHC Foundation are likely to be higher than most smaller groups or individuals could achieve because of the economies of scale in terms of the investment.
Donors of the foundation will receive a tax deduction to the value of the donation as follows:
Donations of $2 or more
Shares up to $5,000
Property over $5,000 as valued by the Tax Office
Property purchased within 12 months of making the gift
A community foundation has the following advantages over a separately created charitable trust:
A professionally run foundation can coordinate and direct community funds in the best interests of the community over a long term.
Economies of scale: In the long term a single trust can be expensive to manage, but pooling and managing the community charitable funds in one foundation is much more efficient and cost effective.
Enduring Trusteeship: Many private charitable trusts have the donor and appropriate professionals as trustees – there is rarely adequate provision for replacement of those trustees when the initial trustees retire or die.
"To provide a simple effective and long lasting way for individuals and families to leave legacies to our local hospital, aged care services and community health services"