EVEN after years since her passing, the legacy of a kind and generous woman known as Madam W is kept alive with a trust donation of RM116,000 to 20 orphanages on Malaysia Day this year.
She had willed it that her estate’s investments be used to benefit deserving orphanages.
Consequently, 20 organisations selected as the most recent group of beneficiaries received RM5,805 each to uplift the lives of orphans in their care.
The presentation of funds to the orphanages was carried out by the trustee of Madam W’s last will and testament – Rockwills Trustee Bhd – in an online ceremony.
“We felt that Malaysia Day was the appropriate time to celebrate her legacy as well as the generosity and kindness that Madam W had for orphans,” said Rockwills International Bhd group chief executive officer Azhar Iskandar Hew.
He said orphanages, just like other charitable organisations, had been faced with trickling inflow of donations in the current economic climate amid the Covid-19 pandemic.
“As a trustee for Madam W, we are glad to be able to make it a meaningful Malaysia Day for 1,076 children who, having lost their parents, are provided a roof over their heads and cared for at these homes which are struggling with funds,” he added.
Madam W, whose identity has been withheld for reasons of confidentiality, passed away in 1998 and had in an exemplary recurring act of charity, instructed in her will that a portion of her estate be held in trust for the sole purpose of investment and its earnings be donated to orphanages.
“She has shown us that even when she is no longer around, her magnanimity need not be limited to her life span.
“It is an act of charity in perpetuity that extends beyond her death,” said Azhar, highlighting that the income had been distributed evenly to 20 orphanages each year since 2013.
“She made sure the money she left behind would be meaningfully used for the care of children without parents,” he added.
The company, since its appointment as trustee in 2013, put in place an operational system to execute her instructions.
This included the establishment of an internal operations committee comprising directors and senior management to see to the appropriate investment of the trust fund by selecting investment instruments with potential for steady returns on investment.
An orphanages selection committee had also been set up for selection of deserving beneficiaries.
This committee ensures a variety of homes are selected so that as many orphanages in Malaysia benefit from the trust as possible, regardless of race and religion.