WAYS TO GIVE

CASH

Cash gifts are the simplest, most direct means of support for the Foundation. The donor is entitled to an income tax deduction of the entire amount of the gift, providing deductions are itemized and do not exceed certain limits. Checks should be made payable to the Durham Library Foundation. Download a gift form.

MATCHING GIFTS

Many corporate employers will match their employees’ contributions to charitable, nonprofit groups. Donors may contact their employers’ human resources departments or the library's Development Officer for details.

SECURITIES

Appreciated securities continue to be an excellent and popular method of making gifts and can often provide tax benefits. Please contact the Development Officer before making a gift of stock.

REAL ESTATE

Gifts of debt-free real estate may be deductible at the full fair market value on the date of the gift, depending on the situation. There may be no capital gains tax on the appreciation, providing favorable tax incentives.

LIFE INSURANCE

A person's insurance coverage needs may change, as assets increase and the needs of dependents become less pressing. Life insurance policies that have a cash value may be donated to the Foundation, providing the owner with an income tax deduction.

GIFTS WITH RETAINED INCOME

An individual may want to make a meaningful gift to the Foundation, but not wish to relinquish the income from the gift property. Several types of gifts in trust can be considered. Please contact the Development Officer for information about how to design an estate plan that provides the donor with income while also benefiting the Library.

PLANNED GIFTS

Please consider creating a bequest to the Foundation. A sample statement can be provided. If a will has already been signed, a simple codicil can be added.