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Gifts to Cranbrook have touched past, present and future Cranbrookians and their families, leaving a lasting impression and a gift of benefaction. A bequest is a gift specified in your Will to the Cranbrook Foundation that will contribute to the future of the School whilst still enjoying your assets during your lifetime.
Supporting students directly through scholarships, improved facilities and educational opportunities, leaving a gift to Cranbrook in your Will after you have taken care of your family and loved ones will help strengthen Cranbrook and support young Cranbrookians in endeavours to achieve success in whichever path they seek to follow in the future. Gifts can be made in a variety of ways to reflect your wishes and circumstances and may be gifts of defined personal assets (such as bonds, shares or property) a fixed sum or a percentage of your estate.
1969 Rugby 1st XV team with teacher and coach Martin Pitt (OC 1957)
We encourage you to discuss your ideas and plans for your bequest with the Cranbrook Foundation Office, especially if you prefer to tailor your gift to a particular purpose. Please contact us via (02) 9327 9418.
We recommend that you consult your qualified legal adviser before finalising arrangements to ensure that they are appropriate for your personal wishes and circumstances.
By informing the School about your intended bequest, you assist the School’s long-term planning to support important future initiatives and additionally the School has the opportunity to thank you in your lifetime. All bequest correspondence with the School is confidential.
Although general purpose bequests offer more flexibility for an undetermined future need, Cranbrook offers the following options:
It is easy to make a bequest to the Cranbrook Foundation. You can either include the bequest when you write or update your Will, or simply add one as a simple codicil to your existing Will.
In either case, we recommend you seek professional advice from a qualified legal adviser to ensure your wishes are recorded in a legally binding manner.
It is also important to talk to your loved ones about your intentions and let them know that leaving a gift to the Cranbrook Foundation is important to you. This can help to ensure your final wishes are carried out.
We have included some suggested wording below for the consideration of your qualified legal adviser. A simple codicil form is also available to assist you and your qualified legal adviser.
Suggested bequest wording
I give and bequeath, free of all duties, taxes or deductions, to the Cranbrook Foundation ABN 74 001 481 107 presently of 5 Victoria Road, Bellevue Hill, NSW 2023 [insert description of gift – see below for examples] to be applied [select description of purpose – see below for examples]. I declare that the receipt of the Cranbrook School Headmaster or such proper officer of the Cranbrook Foundation will be a sufficient discharge to my executors who will not be bound to see to the application of this gift.
Examples of descriptions of gift
Examples of descriptions of purpose
If you already have a Will it is relatively straightforward to include a gift in your Will to the Cranbrook School Foundation. To do so, you may wish to complete the Codicil Form below. You will need to have your signature on the completed Codicil Form witnessed by two people at the same time and all three of you must use the same pen. The two witnesses should NOT be members of your family or related to you in any way. They also should not be persons mentioned in your Will, such as a beneficiary or executor. Once completed and signed, provide the original signed Codicil to the person who currently has your Will and ask them to retain it with your Will. If you have retained your Will, include the signed Codicil in the same envelope as your Will. We recommend you seek professional advice from a qualified legal adviser to ensure your wishes are recorded in a legally binding manner and that this Codicil Form is appropriate for your circumstances.
He Chose to BE, rather than to SEEM |
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The Cranbrook 1918 Society was established to honour and recognise those Cranbrookians, family and friends who have chosen to remember Cranbrook in their Will and whose support has made a significant difference.
The name 1918 Society symbolises the proud history of theSchool and honours the Founders who so generously sought to establish a first-rate education facility for boys over a century ago.
As a valued member of the 1918 Society you will be offered the following:
We are justifiably proud of the generosity of many who see Cranbrook as a lifetime investment.
Their belief in our virtue and vision is reflected in our past, present and future, through their support of our scholarships, awards and infrastructure.
The Cranbrook Foundation and Cranbrook School are deeply grateful for the many gifts provided by Old Cranbrookians, parents both current and past, grandparents, staff and friends of Cranbrook.
This generous support has assisted in making Cranbrook the exceptional educational facility it is today and will enable our success in the future.
For more information regarding the Cranbrook 1918 Society, or for a confidential discussion, please contact a member of the Foundation Board or Cameron Torrance, Director of Foundation via Foundation@cranbrook.nsw.edu.au or (02) 9327 9565.
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