Our hope is that after looking after family and friends our supporters will consider leaving a bequest to our Forever Fund, the impact of which will be felt well beyond your lifetime.
Whether your gift is $50, $500, $5,000, or $50,000 it would make a huge difference to the future of young New Zealanders with entrepreneurial aspirations seeking support from the Young Enterprise Trust.
To protect the organisation from this ongoing annual risk, the Trustees have chosen to create an endowment fund, which we are calling our “Forever Fund”. An endowment fund is an investment portfolio where the initial capital is derived from donations or bequests. That capital is invested, and the returns can be used to cover an operating shortfall if needed, or to fund new projects to help create more reach or more impact.
Young Enterprise has chosen to work with Perpetual Guardian who is the professional Trustee of the Young Enterprise Forever Fund under the umbrella of the Perpetual Guardian Foundation.
We are inviting raving fans of Young Enterprise to consider leaving a gift in your will for the Young Enterprise Trust Forever Fund. Your gift will not help today’s YES students or even tomorrow’s YES students. It will help YES students well into the future. And it will ensure that Young Enterprise as a charity will be financial stable for decades or more.
When preparing your will, we recommend you seek the assistance of a legal professional be that your family solicitor or a professional trustee company (such as Perpetual Guardian), to ensure your wishes are properly recorded. Experienced estate planners can guide you in the establishment of a variety of gift types, including:
This is a specific sum of money in your will is gifted to the Young Enterprise Forever Fund.
This means leaving the remainder (or percentage thereof) of your estate to the Young Enterprise Forever Fund, after your loved ones have been considered and any expenses deducted.
This is used if you wish to divide your estate among a number of people or organisations.
“I give (the sum of $_______) or (a ____% of my estate) to the Young Enterprise Trust Forever Fund under the umbrella of the Perpetual Guardian Foundation (CC5117) for its endowment fund. If at the date of my death or the date of distribution of my estate, the Young Enterprise Trust Forever Fund does not exist then to Young Enterprise Trust (CC21103). A receipt from the appointed officer of the Foundation or the Trust shall be a full and sufficient discharge of the said gift.”