Help us insure the future of the Lincoln City Libraries by naming the Foundation for Lincoln City Libraries in your will or estate plan.
How can I make a tax-deductible gift to benefit the Foundation for Lincoln City Libraries?
By giving your gift to the Foundation for Lincoln City Libraries, you receive the satisfaction of knowing that your gift is fully tax-deductible and that it will benefit the Lincoln City Libraries. The Foundation for Lincoln City Libraries is a private non-profit corporation, recognized by the IRS as a 501(c)(3).
What can I give?
The Foundation welcomes gifts of all types including publicly traded stocks, closely held stock, bonds, IRAs and cash. Gifts such as charitable gift annuities or unitrusts can provide income for life to the donor while supporting the future of the Lincoln City Libraries. The Lincoln City Library Foundation can provide information and assistance to potential donors.
Can you accept testamentary gifts?
Yes! The Foundation accepts testamentary gifts such as life insurance, will bequests and gifts through trusts. We can provide suggested language for such a gift to you or your attorney if you want to support the Lincoln City Libraries through your will. To ensure that your gift is received, please list our name as “Foundation for Lincoln City Libraries” in any gift instrument.
Do you offer help in planning estates?
We will gladly help you determine the focus of your gift for the priority needs of the Libraries, but the Foundation also recommends consultation with professional advisors when making estate plans. The Foundation is happy to work cooperatively with your professional advisors to create the best estate plan to meet your objectives and charitable intent.
May I direct my gifts to a specific program of the Lincoln City Libraries?
Yes, you may. The various programs and services offered by the Lincoln City Libraries have a different appeal for many people. We encourage people to help the program or collection that has special meaning for them-whether it is the Jane Pope Geske Heritage Room of Nebraska Authors, the Polley Music Library, community outreach programs, resources and programs for children and young people, the general collection, or technology and equipment.
What if I have stock or other assets to donate to the Foundation for Lincoln City Libraries?
Do not sell any assets for purposes of making a gift before speaking to your professional advisors. You may incur a greater tax liability on the proceeds of the sale, thus reducing the net amount you have available to donate to charity. To minimize tax liability, you may be better served by an outright donation of the asset to the Foundation for Lincoln City Libraries. To transfer stock, contact our office for the DTC number.
How can I contact a representative of the Foundation to discuss my Estate Plan?
Just give us a call and we will be happy to have a representative of the Foundation meet with you. Our telephone number is (402) 441-0164.
Philanthropy is based on voluntary action for the common good. It is a tradition of giving and sharing that is primary to the quality of life. To ensure that philanthropy merits the respect and trust of the general public, and that donors and prospective donors can have full confidence in the nonprofit organizations and causes they are asked to support, we declare that all donors have these rights:
I. To be informed of the organization’s mission, of the way the organization intends to use donated resources, and of its capacity to use donations effectively for their intended purposes.
II. To be informed of the identity of those serving on the organization’s governing board, and to expect the board to exercise prudent judgment in its stewardship responsibilities.
III. To have access to the organization’s most recent financial statements.
IV. To be assured their gifts will be used for the purposes for which they were given.
V. To receive appropriate acknowledgement and recognition.
VI. To be assured that information about their donation is handled with respect and with confidentiality to the extent provided by law.
VII. To expect that all relationships with individuals representing organizations of interest to the donor will be professional in nature.
VIII. To be informed whether those seeking donations are volunteers, employees of the organization or hired solicitors.
IX. To have the opportunity for their names to be deleted from mailing lists that an organization may intend to share.
X. To feel free to ask questions when making a donation and to receive prompt, truthful and forthright answers.