Support the                                                                                                                                                                                               

Gentry County Library                                                                                    

Your Help Matters!    Your Help matters!     Your Help Matters!     Your Help Matters!

            The Gentry County Library is an essential community service. Reading is still the most basic survival skill in today's information-driven society.

            Your tax deductible donation enables the Library to purchase additional materials, to upgrade and replace equipment; and to expand our programming for both children and adults, as well as maintaining our beautiful building.

              There are many ways to make a gift to the library:

Gift of Cash: If you itemize on your tax return, cash gifts can be deducted, up to 50% of adjusted gross income. You can use the donation page to send your check to the library.

Appreciated Stock: Appreciated stock (held more than one year) makes an excellent campaign gift. You avoid all capital gain taxes (generally 20% of the appreciation) and will receive a charitable tax deduction for the stock's market value at the time of transfer.

Bequest Through Will or Trust: One of the most simple and popular ways to make a gift that will live after you is to give through your will or trust. You can make a bequest to sustain the Gentry County Library by providing a dollar amount, specific property, a percentage of your estate, or what is left (remainder) to the Gentry County Library. Such a designation can reduce your estate taxes (for estates over $1million). In many cases a simple codicil to the will can add the Gentry County Library and does not require rewriting your most recent will.

Charitable Remainder Trusts (Annuity and Unitrusts): Donors and spouses can benefit from life-long payments from such a trust. The donor selects the rate of return from these income arrangements and also chooses a fixed or fluctuating annual payment to be made to the designated parties as long as they live. Estate and capital gain taxes may be completely bypassed and you will receive a current income tax deduction based on the age of the income recipient and the rate of return chosen.

CD's, Savings Accounts, Brokerage Accounts, Checking Accounts with P.O.D. Provisions: P.O.D. stands for Payable on Death. You retain full ownership and full control during your life. At your death, the account balance is paid to your named beneficiary, the Gentry County Library, immediately and without probate.

Gift of Life Insurance: Insurance is another simple way to make a substantial future gift at a level that would not be possible at the same level in cash. Name the Gentry County Library as the owner and beneficiary to receive the proceeds of an existing life insurance policy. You will receive a tax deduction for approximately the cash surrender value, thereby reducing your tax liability in the year of the gift.

Gift of Real Estate: For some individuals a gift of land, a house, or vacation home is a preferred way to make a gift. You will receive a tax deduction for the full market value, avoid all capital gain taxes and remove this asset from future estate taxes.

Thank you for your support!