The Morley Agricultural Foundation

Legacies / Bequests

Farming needs the support of an independent research sector. At present, one of the best placed organizations to fund research in this field is TMAF. Leaving a bequest to TMAF would be following an estimable and historical tradition, in which the pioneering names of "Turnip" Townsend and Coke of Norfolk are prominent.

Both the late John Mann and Roger Harrison bequeathed Trust funds for the benefit of agricultural research, and these two Trusts liaise very closely with the TMAF board and have one Trustee in common. Personal legacies of this type can give an opportunity to remember the donor and to reflect his/her particular wishes as to the use of the funds.

Government support could be attracted as bequests to charity are extremely tax efficient. A £10,000 gift could attract tax savings of £4,000 to further assist the ideals of the foundation.

If you would like to support the work of the The Morley Agricultural Foundation you may wish to consider leaving the Foundation a gift in your Will. The Administrator of the Foundation will be pleased to discuss this with you.

It may be possible to amend your current Will to include the Foundation by executing a Codicil to it. Alternatively, you may wish to have a new Will prepared or to prepare a Will for the first time. If you are considering doing this, it is recommended that you consult a solicitor. Set out below is some wording that will assist your solicitor in putting into effect your wishes. If you wish to leave a sum of money (a pecuniary bequest or legacy) to the Foundation we suggest using the following form of words:

'I give [AMOUNT IN WORDS] £[ ] to the THE MORLEY AGRICULTURAL FOUNDATION (Registered Charity Number: 1097174) ('the Foundation') for its general charitable purposes and I direct that the receipt of the administrator or duly authorised officer of the Foundation shall be sufficient discharge to my executors and trustees.'

The Board of Trustees request that you make any gift to the Foundation for its general charitable purposes. This is because it can quite often be difficult to employ money for a specific purpose, for instance, because the cost of deploying money in a certain way would outweigh the sum itself. That said, the Trustees would welcome you to leave a letter of wishes with your Will expressing your wish as to how the money could be used. The Trustees will then try to ensure that your gift is used in the way that you wish.

You may also consider leaving the Foundation part of the residue of your estate. This is known as a residuary bequest or legacy. Once again, the Board of Trustees would ask that you make any such legacy for the Foundation's general charitable purposes. If you show the above example wording to your solicitor he will be able to adapt this to provide for a residuary legacy.

Please note that the Board of Trustees or the Administrator of the Foundation cannot take any responsibility for the use by your solicitor of the suggested wording. You should consult a solicitor when preparing, amending or adding a codicil to your Will.

If you have any queries concerning leaving a legacy to the Foundation, please contact the Administrator (see Contact Us page)