Gift Opportunities

The M & N Library is a registered 501(c)(3) charitable institution.
 
Maine Legacy Society

Gifts to the Annual Fund

Annual Fund gifts support the daily operations of the Library, including the purchase of books and periodicals. A contribution to the Library's Annual Fund Appeal will enroll you as a member of the Friends of the Mystic & Noank Library for the fiscal year, and ensures that you will be on the list to receive Library mailings.Donors will receive BookEnds, our Newsletter. It is never too late to support the Annual Appeal. Contributions are accepted at any time. We accept cash, checks, Visa and MasterCard. Call the Director of Development to donate over the telephone. Or, you can donate on-line by clicking on the Donate button here.

 

Gifts to the Endowment

Endowment gifts are invested to generate income to support the operation of the Library, including the purchase of books. A strong endowment builds financial independence to meet the needs of the community for Library services.

Gifts of Books

A donation of cash or of a book to the Mystic & Noank Library can celebrate a special event, remember a loved one or honor a friend. Gifts of any kind given to the Library will be acknowledged in writing to the honoree, a designated family member of the person memorialized and to the donor themselves. Please call the Library Director to ask about donations of books.

Gifts of Securities

A gift of stocks or mutual funds can benefit both the donor and the library. For more information, please contact the Development Office at (860) 572-8191.

Corporate Matching Gifts

Matching gifts provide a significant amount of funding to the Library each year. If your employer offers matching funds, please be sure to include the appropriate form when you send your library donation.

Bequests

Including the Library in one's will is a simple way to make a significant contribution. Such a bequest can be included in a new will or added to one's existing will as a codicil. This is a wonderful way to support your favorite charities and organizations after your death. Helpful information can be found at www.leavealegacyct.org. Those who leave a bequest are automatically included in the Maine Legacy Society.

Personal Property

A gift of personal property such as art, rare books, antiques, a stamp collection or equipment may be used by the Library or sold to benefit the Library.

Gift Annuities

A gift annuity is a way to take an asset and convert it into a gift and a source of current income. Assets are donated to the library in exchange for a fixed payment to yourself, or someone you designate, for a specified period, or for life.

Life Insurance

If you own a life insurance policy which was acquired to protect a beneficiary who no longer needs protection, you may wish to transfer the policy to the Library as owner and irrevocable beneficiary. By doing so you would create a charitable tax deduction for the value of the policy at the time of transfer, and would create additional tax deductions if you continue to pay the premium.

Conclusion

Most people are pleasantly surprised at how easily planned giving can be arranged and even more surprised at the benefit derived.

The best method of giving will vary depending on your personal circumstances, financial needs and the type of gift you wish to contribute. We urge you to consult your tax and legal advisors about the benefits of planned giving for you.

To learn more about how you can give a planned gift to the library contact:

Karen Bradshaw
Development Coordinator
development@mysticnoanklibrary.org
1-860-572-8191