Be a visionary, leave a legacy
A planned gift to a charitable organization like Hartford Public Library allows you to create a legacy for your community while meeting your own financial and personal objectives. Depending on your circumstances, you may be able to:
Reduce income, gift and estate taxes
Secure a source of cash flow for the rest of your life
Reduce or eliminate capital gains taxes
Planned giving is a way to be a supporter of the Library for years to come. When you honor your community by putting Hartford Public Library in your will or estate plan, there are benefits beyond the simple pleasure of giving.
According to your wishes, your generosity may be celebrated publicly or held in confidence. Legacy givers also have the opportunity to designate how their gifts are used.
Wills and Living Trusts
Charitable bequests are made through wills or revocable living trusts and are a popular way to support an organization. Bequests are simple to arrange, offer flexibility and can reduce estate taxes. Contact the library development office to learn more about this wonderful opportunity.
Life Income Plans
There are a number of ways to donate cash, securities or other property and arrange lifetime payments for yourself or loved ones. Benefits include a current income tax deduction as well as other possible tax advantages. The library development office can answer questions you may have about establishing this wonderful gift for your community.
Retirement Plan Assets
In many cases, donating some or all of the assets from your IRA, 401(k), or other qualified retirement plan is a smart option. Contact the library development office to find out how you can make such a gift during your lifetime or after death to establish a legacy to carry on your commitment to the community.
Other Planned Gift Options
Assets such as securities, life insurance policies, U.S. savings bonds, annuity contracts, tangible personal property and works of art are all welcome gifts. Contact the library development office to learn how to bestow your gift to the library system.
Making a legacy gift requires careful consideration and professional consultation. The Library also suggests that you contact your attorney or financial advisor to evaluate your options.
Give to the Endowment Fund so the Library can help generations to come.
In up and down economies, and for well over a century, the doors of Hartford Public Library have remained open, providing free access to information to our citizens. The strong base of our endowment fund is what makes that possible by providing funding when needed for essentials. Your gift to the fund is self-perpetuating. That's because, as good fund stewards, we draw only a portion of income each year, leaving the principal to grow in perpetuity.
Making an endowment gift requires careful consideration and professional consultation. The Library suggests that you contact your attorney or financial advisor to evaluate your options.
Please call Donna Haghighat, chief development officer, at 860-695-6296, or by e-mail at firstname.lastname@example.org.