Case Study: Phil’s Story
Meet Phil, a passionate volunteer and dedicated supporter of CORENA. Phil has decided to leave a percentage of his estate to CORENA. Here’s what he has to say about his decision:
“I’ve always believed in the power of community-driven initiatives. By leaving a bequest to CORENA, I know that my contribution will continue to support renewable energy projects long after I’m gone. I especially like that CORENA’s revolving fund will allow my donation to be used over and over again. It’s a way for me to give back to the planet and ensure a sustainable future for the next generation. My hope is that others will see the importance of this cause and consider leaving a gift in their wills too.”
Making a Lasting Difference
Leaving a bequest to CORENA is a powerful way to contribute to the fight against climate change, and to create the future you want. By including CORENA in your will, you help to fund renewable energy projects that empower communities, reduce greenhouse gas emissions, and foster sustainable practices. Your legacy will ensure that future generations inherit a healthier, more resilient planet.
The Power of the Revolving Fund
One of the unique aspects of CORENA is our revolving fund. Donations made to CORENA are not just spent once; they are continually reused to maximise impact. For example, $100 donated to our first project has been reused multiple times, funding numerous other projects over the years. By leaving a gift in your will, your legacy will continue to make a significant impact for many years to come.
Ways to Leave a Gift in Your Will
There are several ways you can leave a bequest to CORENA:
- Residual Bequest: You can designate the remainder of your estate to CORENA after all other gifts, taxes, and debts have been fulfilled. This ensures your loved ones are taken care of first.
- Percentage Bequest: Allocating a specific percentage of your estate to CORENA allows you to divide your estate among various beneficiaries without needing to predict the exact value of your assets.
- Specific Bequest: You can specify an exact dollar amount or particular assets, such as stocks or property, to be donated to CORENA.
When making your will you will need to provide your solicitor with CORENA’s full name, which is “Citizens Own Renewable Energy Network Australia Inc” so they are able to look up our business details. If you have any questions or need further assistance, please don’t hesitate to get in touch. Our team is here to help you through the process.