WAYS TO GIVE
Donations and Pledges
Charitable Gift Annuities
Planned Giving
Gifts of Real Estate and Other Asset Donations
Online Donations
Donations and Pledges
Gifts of any size are appreciated and welcomed.
Checks or money orders, payable to the Reading Public Library Foundation, may be left at the Library or mailed to the Foundation at P.O. Box 96, Reading, MA 01867. We also accept cash donations at the Library. Donations are tax deductible as the Foundation is a Federally recognized 501(c)(3) charitable organization. All personal and financial information is kept confidential. Please click here for a printable donation form (PDF).
Charitable Gift Annuities
A Charitable Gift Annuity (CGA) is an irrevocable agreement between an individual donor and the Foundation. The donor agrees to make a gift of cash, stocks, bonds, or other securities now, and in return the Foundation agrees to make a quarterly payment to the donor for the rest of his/her life. The income received from the CGA may pay more and be taxed more favorably than income from other sources.
The benefits of a CGA include:
- A current income tax deduction at the time of your gift;
- Capital gains tax savings on appreciated securities;
- Guaranteed fixed annuity income for life, avoiding stock market volatility;
- Highly attractive annuity rates;
- Part of your annuity income will be tax-free; and,
- Removing these funds from your estate may reduce estate tax and probate costs.
For more information on CGAs, please contact John Brzezenski or Bill Hecht at the Foundation, or click here.
Planned Giving
Planned giving to the Library is a wonderful way to share your good fortune and fulfill your philanthropic goals while enhancing the Library’s collections, technology and programs to the benefit of Reading and its citizens. There are a number of different ways to include the Library in your estate plans, which include
- Including the Reading Public Library Foundation in your Will –A bequest or other testamentary gift
- Designating the RPL Foundation as an IRA Beneficiary
- Naming the RPL Foundation as a Beneficiary of your Life Insurance Policy
- Charitable Gift Annuities
- Charitable Remainder Trusts
For more specific information about any of these planning giving options, please click here or contact Bill Hecht, c/o the Reading Public Library Foundation. The Foundation can give you preliminary information about these options, but we are not in a position to give legal or financial advice to individuals. Please consult an attorney, financial advisor or Foundation officer about setting up any of these plans. For a list of local attorneys and financial advisors that are familiar with Planned Giving options, please contact one of the Foundation Officers, or click here and we will contact you.
Gifts of Real Estate or Other Asset Donations
Gifts of Real Estate and other assets are accepted by the Reading Public Library Foundation and can provide similar benefits for the donor and for the Reading Public Library Foundation as donations of financial assets. Gifts of real estate can be made outright, through a Charitable Remainder Trust to provide an income to the donor, or can even made with a retained right to use the property.
Please contact one of the Foundation officers to discuss the options around donating Real Estate or other assets, or click here.
Online Donations
All donations and pledges can be easily and conveniently made online. To make a secure online donation, please click here.
