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.
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
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
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.
We do appreciate donations of newer gently used or rare books. However, please:
Bring no more than two (2) boxes of clean used books to the Gentry County Library. If the books smell musty, or are filled with cobwebs, we cannot accept them. Mold is a very real danger to our collection.
We cannot guarantee that materials will be added to our collection. Items not added to our collection may be sold at the Used Book Sale.
We do NOT accept: unclean or damaged items, and anything in a format that we no longer circulate; such as cassette tapes, videotapes, or LP records.
Books, plat maps, or old local photographs for our genealogy collection are greatly appreciated. Contact us for more information. (660)-783-2335
Thank you for your support!