Why a Bequest to 4MBS is so Important
4MBS ClassicFM is Brisbane's own fine music FM radio station broadcasting classical music, jazz & nostalgia. The station is on air 24 hours a day every day of the year and has a wide range of activities for people of all ages including music appreciation classes, the annual 4MBS Festival of Classics, Kids Classics, Village Music Hour Concerts for seniors and much more.
The licence to operate 4MBS is held by the Music Broadcasting Society of Queensland Ltd (MBSQ Ltd), a community based not for profit organisation. MBSQ has charitable status and is on the national Register of Cultural Organisations (ROCA) and has tax deductible status for donations to the 4MBS Fine Music Fund. The station has grown significantly since first going to air in March 1979 and is now operated by 300 volunteers and a small number of staff - 3 full time and 3 part time.
Support for local musicians includes the Musicians in Residence scheme, student music prizes, the Music Teacher of the Year Competition and the award winning annual 4MBS Festival of Classics - the largest classical music festival in Australia. We also operate a low cost ticketing service for small arts organizations and a performers' agency and events management service. These services help create employment opportunities for Queensland performers.
The cost of sustaining the radio station is substantial and we can continue to provide this unique service for lovers of fine music only with the support of subscribers and donors.
If you appreciate the service 4MBS ClassicFM provides and wish to see it continue, please consider leaving a bequest to 4MBS in your will. Your legacy will help to ensure that the beauty of fine music continues to be broadcast for the benefit of future generations.
Some Frequently Asked Questions
Why does 4MBS ClassicFM need my bequest?
4MBS receive no direct government financial support for the operation of the station. A major part of the income required to operate the station comes from the music lovers who appreciate the service we provide all day every day. Without this support the station would eventually cease to exist.
If I decide to leave a bequest to 4MBS, what form should it take?
All bequests are appreciated equally. There are several options for bequests:
1. Specific Gift: This specifies an amount of money or property or some other asset.
2. Percentage or Fractional Bequest: This specifies that a percentage or fraction of the total value of your estate be willed to 4MBS.
3. Residual Bequest: This wills to 4MBS the remainder of your estate after all expenses have been met and all other beneficiaries have received their inheritances.
4. Whole Estate: This wills the value of your entire estate to 4MBS.
What wording should I use in my will?
You should consult your solicitor or professional advisor. However, we recommend the following wording:
"I bequeath to the Music Broadcasting Society of Queensland Ltd (4MBS ClassicFM), ABN 39 009 992 554 of 384 Old Cleveland Road, Coorparoo, Queensland 4151, for its general purposes (the whole) or (a specific amount or gift) or (a percentage) or (the residue) of my estate free of all duties for which a receipt from the Honorary Secretary or General Manager or other authorised person shall be a full discharge to my executor."
May I nominate how my bequest is to be used?
Yes, you may, but it is preferred that you delegate this responsibility to the Board of Directors, who are all dedicated volunteers and are aware of the station's needs and priorities which can change with the passage of time.
How do I change my will to nominate 4MBS as a beneficiary?
An amendment, known as a codicil, can be made easily by your solicitor for a small fee.
Will my bequest be recognized if I so choose?
Unless you choose to remain anonymous, your bequest will be recognized on the 4MBS Honour Board located in the foyer of the station.
If I have other questions, whom do I contact?
Please contact Gary Thorpe, General Manager of 4MBS, during office hours on 3847 1717 for advice on a confidential basis.
Thank you for your interest in supporting 4MBS ClassicFM with a bequest- we are pleased that you share our belief in the important role that our station plays in the community.