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Annual FundAnnual 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. Now you can donate on-line by clicking on the Donate button here.
EndowmentEndowment 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. GiftsA 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 to discuss specific book donations. CashGifts of cash are always welcome. Please make your check payable to the Mystic & Noank Library. SecuritiesA gift of securities or mutual funds can benefit both the donor and the library. For more information, please contanct Cynthia Plamer in the Development Office (860)572-8191. Corporate Matching GiftsMatching 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. BequestsIncluding 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. Helpful information can be found at www.leavealegacyct.org. Personal PropertyA 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 AnnuitiesA 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 InsuranceIf 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. ConclusionMost 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: Cynthia Palmer |
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