Bequest Investment Sub-Committee

The primary responsibilities of the Sub-committee are set out in the Bequest Investment Committee Charter and are to provide the Territory Council and the President through the Finance Committee with advice and guidance on issues affecting the allocation and usage of the bequests including:

• Development of the Bequest Management Policy;
• Recommend and drive the gifts in wills marketing strategy and campaign;
• Recommend how the receipted Bequest Assets will be utilised for operational or capital investment purposes and in which geographical area in line the Bequest Management Policy;
• Ensure that receipted bequest assets are not hoarded, and are utilised in a timely manner in accordance with the intent of the deceased; and
• Reviewing and recommendation of the business cases requesting the allocation and utilisation of bequest funds to the Finance Committee.

2024 Meeting Dates

Members:

• Stewart Chapman (Chair)
• Brian Stacey

Advisers:

• Lucy Hohnen (CEO)

Secretariat:

• Catherine Zappulla

Bequest Investment Committee Charter