The Nature Conservation Trust of New South Wales is an incorporated body constituted under the Nature Conservation Trust Act 2001.
As a non-profit organisation the Nature Conservation Trust depends on community support and assistance in all our programs. Donations can also be made via a bequest of property or money in favour of the Nature Conservation Trust.
All donations of $2.00 and over are allowable tax deductions. The Taxation Laws Amendment Bill (number 8) 1999, allows income tax deduction for gifts of property worth over $5,000. Tax deductions can be apportioned over five years for gifts of property to eligible environment and heritage organisations. Capital-gains tax exemption can be claimed for testamentary gifts of property.
When considering a legacy for the Nature Conservation Trust you may wish to think about some options. These include contributing to the Nature Conservation Trust as part of the total estate planning strategy or setting up a special Trust Fund. In these cases contributors and their families are able to experience closer involvement with the Nature Conservation Trust's conservation work during their lifetimes.
Another alternative to making a bequest is to name the Nature Conservation Trust as a beneficiary to a life insurance policy. However, in considering any of these giving options the Nature Conservation Trust urges donors to discuss their plans with a solicitor as well as an accountant.
For further information about leaving a bequest to the Nature Conservation Trust of New South Wales, please contact us or by calling (02) 6365 7543.
