The Bequest Report - passing on more than assets 

The anticipated transition of wealth over the next 20 years presents a once in a generation opportunity to unlock significant pools of capital for social impact. This is important, because in this same period of wealth creation, we have also seen increasing disadvantage.

Total inheritances in Australia are estimated to total around $150 billion in 2024, and $5.4 trillion over the next 20 years. Of the $150 billion gifted through inheritances this year, only $1.3 billion will be given to charity"  - The Bequest Report- Reshaping Australia by passing on more than assets- JBWere

Philanthropy Australia, partnering with JB Were for these series of events, will share how intergenerational wealth transfers can shape and improve the future of philanthropy and giving in Australia.

Hear from John McLeod, Senior Research Consultant, JBWere Australia the author of The Bequest Report the first ever report of its kind, who will outline valuable sector benefits and opportunities for both individuals, families and charities.

An interactive panel session featuring perspectives from NFPs will outline how they are unlocking funds and innovating within their gifts in wills programs.

Aims:

• • Share valuable, practical information on the Bequest report from the author John McLeod, Senior Research Consultant at JBWere. 
  • Discuss and quantify the intergenerational wealth transfer in Australia. 
  • Examine the options available for individuals leaving inheritances.  
  • Outline the opportunities for the for-purpose sector, trends and levers available to grow bequests within an organisation. 
  • Hear from experts and staff at for-purpose organisations on how they are harnessing bequests and their innovations in gifts in wills.  

Audience:

The audience includes a breadth of stakeholders in the philanthropic sector and beyond. 

This event will be an excellent learning opportunity for 

• • Not-for-profit and for-purpose staff, CEOs and board members or social enterprises or B Corps who are either starting their work in gifts in wills as a revenue stream or that already have a gifts in wills program. 
  • Individuals and family members with an interest in bequests and legacy, family foundations and PAFs, responsible persons.
  • Intermediaries, lawyers and professional advisers.

When

Sydney (NSW): Thursday 24 October 2024, 10am - 12pm AEDT

Brisbane (QLD): Monday 28 October 2024, 2pm - 4pm AEST

Melbourne (VIC): Tuesday 12 November, 2pm - 4pm AEDT

Cost

• • Free for Philanthropy Australia Impact, Engaged, Active and New Gen members.
  • Connected Members: $50.00
  • Non-members Admission: $80.00

 

Presenter:

                                                                    

John McLeod - Senior Research Consultant, Family Advisory and Philanthropic Services at JBWere

John co-founded the JBWere Philanthropic Services in 2001. Prior to this John spent 16 years as a financial analyst and manager of the Resource Research group within the firm's top-ranking strategy team. John produces the leading research reports into the trends in the for-purpose and philanthropy sectors. In 2013, John co-authored the Impact - Australia report with the Federal Government, highlighting the current practice and growth potential for Impact Investing. In 2017, John co-authored Growing Impact in New Zealand, released at the Social Enterprise World Forum held in Christchurch. John has also produced the following research insights:

• • • The Cause Report (2016); examining the evolving shape of the for-purpose sector in Australia;
    • The Support Report (2018); focusing on the dramatic trends occurring in Australian giving and the implications for recipients over the coming decade;
    • The Corporate Support Report (2022); The evolution of corporate giving and community investment in Australia 
    • The Bequest Report (2024); Reshaping Australia by passing on more than assets.
    • John also compiles the list of Australia's major philanthropists for the Australian Financial Review's (AFR) annual special, Philanthropy 50; and the list of Australia's top 50 companies for corporate community investment published in the AFRs Boss magazine. John also serves as a Non-Executive Director Liverty Housing and Non-Executive Director Philanthropy Australia.

Sydney, NSW Facilitator:

Rachel Findlay - Director, Impact and Engagement (NSW & ACT), Philanthropy Australia

Rachel has been working with philanthropists and funders both in Australia and the UK for more than 10 years. Prior to Philanthropy Australia, Rachel was at Australian Philanthropic Services (APS) where she advised clients on all elements of their giving including strategy development, charity analysis and social sector research.

Rachel has also worked at Social Ventures Australia (SVA), the Social Impact Hub and headed up New Philanthropy Capital’s (NPC) Funder Effectiveness team in the UK.

Rachel is a Chartered Accountant (ACA) having started her career at PricewaterhouseCoopers.

Sydney, NSW Guest Speakers:

Kingsley Edwards - Bequests Manager, Barnardos Australia 

Kingsley is a Bequests Manager at Barnardos Australia - a charity which has been supporting abused and neglected children to recover and thrive for over 100 years. Kingsley established their bequest program just over three years ago and in that time, the number of confirmed bequestors has increased by more than 150%. 

After a corporate career spanning two decades, he transitioned his relationship-building skills to fundraising before specialising in gifts-in-Wills. Kingsley holds a Bachelors degree in Agricultural Economics from the University of Sydney, a Diploma in Financial Services from the Australian & New Zealand Institute of Insurance & Finance, and a Certificate in Professional Fundraising from the Fundraising Institute of Australia.

Anne McFadden - Director of Planned Giving, Sydney Children's Hospitals Foundation 

Anne brings over four decades of experience in fundraising and social work to her career. Her journey began as a Social Worker, dedicating over 20 years to making a meaningful impact in Ireland and Australia. In 2003, Anne transitioned into the fundraising sector and by 2013 she discovered her true passion in the realm of gift in Wills. Starting as the sole team member dedicated to Planned Giving, Anne has since spearheaded its expansion significantly and today, she oversees a team of five fundraising an average of $19 mil a year for Sydney Children's Hospitals Foundation.

Brisbane, QLD Facilitator:

Kim Harland - Director, National Membership and Engagement (QLD), Philanthropy Australia

Kim has more than 20 years experience in the multi-generational family business and not-for-profit sectors in Queensland.

She has a passion for proactive stakeholder outreach and engagement, connectivity and strategic partnerships/alliances.

Prior to joining Philanthropy Australia, Kim established two businesses from the ground-up, one that continues as a premier independent family business advisory firm in Brisbane. She remains passionate about this space and how families in business use philanthropy to provide purpose for next generation members and as a catalyst for generational transition.

Kim is dedicated to supporting the philanthropic visions of individuals and organisations in Queensland and the Northern Territory.

Brisbane, QLD Guest Speakers:

Megan Kair - Director of Philanthropy, Mater Foundation 

Megan has worked with private, public and non-profit organisations here in Australia and abroad for over 20 years. Based between the Middle East and Europe for 10 years Megan returned home to establish a successful career that has transformed the role of development in Organisations such as Griffith University, Queensland Performing Arts Centre and Opera Queensland. Megan is passionate about the impact philanthropy and corporate partnerships can have on creating a sustainable future for the health, arts and education sectors.

Megan has built an exceptional community of philanthropic supporters, corporate partners and Foundations across her career which has proven to have a multiplying effect on driving world class research, giving greater access to the Arts and transforming lives through the power of education.

Megan is responsible for the development and management of Mater Foundation’s philanthropy team and programs, including major gifts, bequests, Trusts and Foundations, and internal philanthropic engagement.

Karen McComiskey - Chief of Private Funding, World Vision

Karen is World Vision's Chief of Private Funding. With 20 years' experience in fundraising, philanthropy and NFP leadership, she is an experienced Board Director, NFP CEO and former Chair of Fundraising Institute Victoria.

Karen's formal studies include an MBA, Doctor of Business Leadership, she is a Certified Fundraising Executive (CFRE), and Fellow Certified Leadership Practitioner. 

Karen's teams have multiple awards including 2021 FIA Team of the Year, she is a Global Gallup Coach, Certified EQ Practitioner Facilitator of The Leadership Challenge.

Melbourne, VIC Facilitator: