Mags foundation bequest brochure

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Investing in the future of the School

“The Augusta Society”An invitation to make a Bequest to MAGS FOUNDATION


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MOUNT ALBERT GRAMMAR SCHOOL FOUNDATION

Remembering MAGS through a Bequest“The Augusta Society” is the Mount Albert Grammar School Foundation Bequest programme. Membership of the “Augusta Society” makes it possible for beneficiaries to be recognised and thanked during their lifetime.

Bequests will play a significant role in the establishment of the $10 million Endowment Fund for MAGS which is intended to provide long-term benefits to the School.

To become a member of “The Augusta Society,” the MAGS Foundation needs to receive notification of your Bequest in writing from your solicitor.

Albertians attending the MAGS Anzac Day service.

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Message from the MAGS Foundation Chairman

On behalf of the MAGS Foundation, I invite you to contribute to the ongoing success of the School by making a Bequest to the MAGS Foundation in your Will.

As a State school, we need greatly increased financial support from our entire MAGS community to continue our success into our second century.

By making a Bequest to the MAGS Foundation, you will be investing in the ongoing excellence of our School for the benefit of the generations to come.

Peter Thorp

Message from the Director of Advancement

To remember MAGS through a Bequest is a way to make a permanent statement about the value of education. With the help of people with conviction and commitment, MAGS will be able to make a lasting difference to the lives and future of many MAGS students.

“The Augusta Society” is the Mount Albert Grammar School Foundation’s Bequest programme. Membership of the

Augusta Society by making a Bequest in your Will is perhaps the most personal commitment you can make towards the future of others.

By joining those who have made a Bequest to MAGS, you can take satisfaction from knowing that you are part of an important legacy.

Tim Kay

Per Angusta, Ad AugustaThrough Hardship to Glory

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How your Bequest will benefit MAGSMaking a Bequest

• Creates opportunities to provide significant support for MAGS

• Is perhaps the most personal commitment you can make towards the future of MAGS

• Contributes to the provision of student scholarships

• Makes a significant contribution to the building of facilities and provision of resources for MAGS

Never underestimate the importance of your Bequest. Whether small or large, your gift will make a difference.

Details of the MAGS Foundation projects and investment policies are contained in the MAGS Foundation Prospectus.

“To remember MAGS through a Bequest is a way to make a permanent statement about the value of education.”

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Albertian Reid Polkinghorne with his grandson, 2015 Deputy Head Boy Fraser Polkinghorne

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Types of BequestsBequests can take many different forms including:

• A percentage of the value of your estate

• The residue of your estate after family and other beneficiaries have been provided for

• A specific sum of money

• Items of property or real estate

• You may specify that your partner or spouse benefits from the estate through the receipt of income whilst he or she is alive and that, upon his/her death, the value of the estate, in whole or in part, passes to the MAGS Foundation.

“The aspirations of past MAGS students have shaped history; today our students aspire to shape the future.”

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Draft clause for inclusion in Wills or CodicilsIf you already have a Will you can make a simple modification by adding a codicil or a supplement to your Will as follows:

“I hereby bequeath to the Mount Albert Grammar School Foundation free of all duties the sum of $ or % of the residue of my estate for the general purpose of the MAGS Foundation and I hereby declare that the signature of the designated officer of the MAGS Foundation shall be sufficient discharge for my executor/s.”

Confidential Bequest AdviceAt all stages of estate planning you should consult with your solicitor. The MAGS Foundation is pleased to assist in strict confidence with any questions you may have about gifts or estate planning, but we would also advise you to discuss any decisions you might make with your family and solicitor.

There is no requirement to tell us that you are leaving a Bequest to the MAGS Foundation. However, we would like you to do so to make sure that your generous gift is suitably acknowledged in your lifetime.

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FOUNDATIONInvesting in the future of the School

Bequest Advice Form

On the understanding that my Bequest may be altered by me at any time should circumstances necessitate, I am pleased to advise that I have made the following Bequest to the Mount Albert Grammar School Foundation in my Will.

The following information is provided for the Foundation’s records on the understanding that all details will remain confidential to the MAGS Foundation unless I agree to one of the following options:

The Foundation disclosing to MAGS and the Albertians the full details of my BequestOR The Foundation disclosing to MAGS and the Albertians the fact that I have made a Bequest without reference to the amount. (delete the option that is not to apply)Approximate value and description of Bequest (I understand that this may alter over time).

Contact details

Name:

Address:

Years at MAGS (if applicable): Email:

Phone: (Bus) (Home) (Mobile)

Lawyer or family representative’s name:

and contact details:

Signed: Date:

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Please return the completed Bequest Advice Form to:

Tim KayDirector of AdvancementMAGS FoundationAlberton AvenueMount AlbertAuckland 1025

or

Email: [email protected]

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BR

-j917

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FOUNDATIONInvesting in the future of the School

For further information on the MAGS Foundation please contact:

Tim Kay, Director of AdvancementMAGS Foundation

Email: [email protected] Ph: (09) 815 4034 (021) 636 803

www.mags.school.nz

Mags foundation bequest brochure

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