The Library Foundation

The Library Foundation Springfield-Greene County Library District Springfield, Missouri

PLANNED GIVING

In your lifetime, the Springfield-Greene County Library has grown and innovated, finding ways to serve you and the community to improve lives. Pass along your passion. Leave a Library Legacy for future generations.


Bequest/Will

Include the Library in your will.

Sample Bequest Language: I give to The Springfield Greene County Public Library Foundation, a 501(c)3 nonprofit organization, the sum of $______ or ___ percent of estate to be designated for distribution to the Springfield-Greene County Library District.

The Library Foundation
4653 S. Campbell Ave.
Springfield, MO 65810-1723
(417) 883-5366
Federal Tax ID Number: 43-1655656

Retirement Plan or Life Insurance Policy

Designate the Library as the beneficiary of your retirement plan or life insurance policy and ensure that your lifetime of hard work will be used to inspire lifelong learning. There are no income or estate taxes on any retirement plan assets left directly to a nonprofit organization. You can complete a beneficiary form provided by the plan administrator without the assistance of an attorney.

Trusts

Create a charitable remainder trust that generates income for you and your family and a future source of income for the Library. Charitable gift annuities can be established with smaller amounts. When you specify the distribution of assets and charitable giving, you may lower taxes, fees and court costs.

Stocks, Bonds, Mutual Funds

Assets such as stocks, bonds, and mutual fund shares can be directly donated to the Library without paying capital gains tax on the appreciated value, as you would if you sold it first and then gave cash. Other assets such as real estate can provide a tax deduction.

We encourage you to talk to a tax professional about your options. A little planning will allow you to live the joy of knowing you're leaving a Library Legacy.

The Laton Society

In the summer of 2017, the Library received a gift from longtime patron and supporter Ursula Marie Laton. She had the forethought to name the Library in her estate plan. Her step-daughter Jean Woody and husband Bill Woody handled the trust. The family's wish was to establish an unrestricted endowment. The Laton Endowment was created with a gift of $537,674 and is invested at the Community Foundation of the Ozarks. The endowment provides yearly income for critical Library purchases.

Let us thank you now for your gift after your lifetime.

Communicate your intentions to include the Library in your estate plan by contacting The Library Foundation, 417-883-5366. You may remain anonymous, but if you choose to share your intentions we'll put your story on the Foundation's website as an honored member of the Laton Society. Tell the world why you love the Library and about your desire to leave the community a better place.