Great journalism tells our stories. It holds the powerful to account. It benefits us all. It is priceless — but it isn’t free.
A bequest is a special, powerful gift. It cements your belief that we need a strong Australian media to underpin a vital Australian democracy. It strengthens the world that we leave our children.
It isn’t an alternative to caring for your family. It’s part of it — because we all need the media to survive into the future. And you don’t have to be wealthy to make a bequest.
How we use bequests
Your generous contribution of a bequest to The Walkley Foundation will ensure that the core traditions of truth, rigour, integrity and fairness in journalism live on. Future young journalists especially will benefit from training, awards and professional development. The Walkley Foundation can also administer ongoing journalism awards, grants and fellowships established by a bequest.
A bequest is a gift to a named beneficiary. Normally, it is an instruction contained in a will that details part of the estate to be set aside for a particular beneficiary. Some common types:
- Residual: Provide for your family and loved ones — then give the whole or part of what is left over to the Walkley Foundation.
- Percentage: Give a fraction of your estate to give a gift that grows with your fortunes.
- Specific: Denote an exact amount you want the Foundation to receive.
- Assets: You can leave us physical items, like property, jewellery or vehicles. You can also appoint The Walkley Foundation as your literary executor to administer your intellectual property and receive royalties for the benefit of the Foundation. Copyright in a person’s works lasts for 70 years after the creator’s death.
An unrestricted bequest is left to the Walkley Foundation to use the gift at its discretion, where it is needed most. A restricted bequest is used for a particular purpose, like an award or a scholarship. Bequests can be made in your own name, or to honour colleagues, family or friends.
How will my bequest be recognised?
You can opt to be publicly or privately acknowledged for your contributions to The Walkley Foundation. Privacy is always respected and any discussions remain strictly confidential. Please discuss your preferences in this regard with The Walkley Foundation staff.
The Walkley Fellow Bequest Program
William Gaston Walkley established the Walkley awards in 1956 with our very first bequest. He signifies the history, the heart and the future of the Foundation. We acknowledge the essential role those making bequests play in sustaining the Walkleys’ work through our Walkley Fellows program.
This special group is honoured and recognised at the Walkley Awards gala ceremony, in the Walkley Magazine and on our website. Walkley Fellows receive invitations to the annual Walkley Awards for Excellence in Journalism and exclusive Walkley events.
Who should I inform about the bequest?
It is essential that your will makes clear the terms of your bequest to the Walkley Foundation, as otherwise your wishes can be overruled or overlooked. We suggest you discuss the bequest you intend to make with your next of kin and a solicitor.
Please give us a call with any questions: Louisa Graham, (02) 9333 0945.The Walkley Foundation is a non-profit registered with the Australian Charities and Not-for-Profits Commission; our ABN is 99 164 809 349. Donations are tax deductible. Learn how the Walkley Foundation is structured and governed and what we do.