PLANNED GIVING

 

Create a legacy with a planned future gift to Friends of Appleton Public Library.

BEQUEST BY WILL OR TRUST

You can designate a donation or portion of your estate to the Friends of Appleton Public Library and, in some cases, receive a substantial reduction in federal gift and estate taxes.

 

Use this language in your estate plan:​

I hereby direct $____________ (or) _____ percent of my residual estate in cash, securities, or other property to Friends of Appleton Public Library, 225 N. Oneida Street, Appleton, WI 54911 (Fed. ID# 39-1550376).

 

RETIREMENT PLANS

Name the Friends of Appleton Public Library as a beneficiary of your retirement plan, such as IRA, Keogh, 401(k) and 403(b). These assets are the most heavily taxed. Transferring assets to a tax-exempt organization such as the Friends of APL may reduce your tax liability.

 

IRA QUALIFIED CHARITABLE DISTRIBUTIONS

Tax-free distributions are allowed for individuals age 70 1/2 or older if made directly from their IRAs to qualified charities. Making a gift directly from your IRA toward your annual required minimum distribution. The annual limit is $100,000 per taxpayer. Friends of APL is a qualified charity. Our federal tax identification number is 39-1550376. 

 

LIFE INSURANCE

Name the Friends of Appleton Public Library as the sole or partial beneficiary of your life insurance plan. There are a number of different ways you can gift a life insurance policy. You can irrevocably name The Friends of APL as the owner of an existing policy, deduct a calculated value of the policy as a charitable gift or choose to name The Friends or APL as the beneficiary of a life insurance policy that you continue to own. Charitable gifts made to The Friends of APL to pay any future premiums are eligible for a tax deduction in the year the gifts are made. Please consult your financial advisor on the tax benefits of a gift of life insurance. 

 

CHARITABLE GIFT ANNUITY

You can make a donation of cash or property to the Friends of Appleton Public Library now, get immediate tax benefits and ensure that you or a loved one receive fixed quarterly or annual income payments for life.

 

REAL ESTATE

Friends of APL is prepared to accept your gift of readily marketable real estate with the help of the Community Foundation for the Fox Valley Region.

 

 

Please contact Friends at ksullivan@friendsofappletonlibrary.org or by phone at 

(920) 832-3931 for more information on how to create a lasting legacy with these planned giving options.