Close Search
 
MEDIA, JOBS & RESOURCES for the COMMON GOOD
News  | 

Bequests Not Just for the Wealthy


14 July 2008 at 3:14 pm
Staff Reporter
It's a common misconception that Australians with a very high disposable income are more likely to leave money to charity in a will, according to a new survey.

Staff Reporter | 14 July 2008 at 3:14 pm


0 Comments


 Print
Bequests Not Just for the Wealthy
14 July 2008 at 3:14 pm

It’s a common misconception that Australians with a very high disposable income are more likely to leave money to charity in a will, according to a new survey.

A survey of bequest donors by an umbrella organisation called Include a Charity reveals the majority of donations are provided by a rising number of regular Australians wanting to give something back to the community.

A breakdown of generosity in NSW reveals that the most generous suburbs are not necessarily the homes of the most affluent. The top 5 most generous suburbs were:
1. Castle Hill
2. Port Macquarie
3. Mosman
4. Sydney
5. Maroubra

Jennifer Doubell, representing Include a Charity – a bequest campaign developed by Mission Australia, Red Cross, Heart Foundation and Cancer Council says Australians are not motivated to leave a bequest based simply on their wealth.

Rather, she says the most likely donors are those who support or who have been supported by a charity during their lives.

Doubell says only about eight per cent of Australians currently include a charity in their Will.

Compared to the percentage of individuals donating in the UK, which decreased over the 2006/07 financial year, the percentage of Australians giving increased by 5.7%.

However, Australia still falls far behind the US when it comes to the amount given – Americans gave 2.2 per cent of a household’s after tax income, compared to just 0.33 per cent in Australia.

For more information on how to update your Will and include a charity, please call 1800 400 300 or visit www.includeacharity.com.au



PB Careers
Get your biweekly dose of news, opinion and analysis to keep you up to date with what’s happening and why it matters for you, sent every Tuesday and Thursday morning.

Got a story to share?

Got a news tip or article idea for Pro Bono News? Or perhaps you would like to write an article and join a growing community of sector leaders sharing their thoughts and analysis with Pro Bono News readers? Get in touch at news@probonoaustralia.com.au or download our contributor guidelines.

Tags : Bequests,

 Print

Get more stories like this

FREE SOCIAL
SECTOR NEWS

Your email address will not be published. Required fields are marked *



YOU MAY ALSO LIKE

Young Aussies struggling with the impacts of COVID

Luke Michael

Wednesday, 1st December 2021 at 8:00 am

Compostable cling wrap that breaks down faster than orange peel

Nikki Stefanoff

Tuesday, 30th November 2021 at 6:49 pm

They said it would never catch on – but social enterprise is here to stay

Tara Anderson

Tuesday, 30th November 2021 at 5:05 pm

How to embed sustainability across a business effectively

Kaushik Sridhar

Tuesday, 30th November 2021 at 4:55 pm

pba inverse logo
Subscribe Twitter Facebook
×