“Someone’s sitting in the shade today because someone else planted a tree a long time ago.” – Les Brown
Anyone can make
a planned gift.
Are you willing to plant a shade tree knowing you, personally, will never sit under it, but are satisfied because future generations will? If you answer “yes” to this question then you already understand the concept of planned giving, making a donation through your estate plan even though you may never see your gift at work. A gift through an estate plan is one of the most altruistic gestures one can make. It is a gift solely for the sake of others, a gift for future generations.
Including The Friends in your estate plan can be a simple as making a provision in your will or trust. You can do this by designating a specific amount or a specific percentage of your estate as a gift to The Friends. You can also name The Friends as a beneficiary of a life insurance policy or retirement plan.
“A man doesn’t plant a tree for himself. He plants it for posterity.”
– Alexander Smith
Various types of Charitable Trusts can provide specific benefits such as reductions in estate taxes, elimination of capital gains, and tax deductions that support your financial plan both now and in the future, as well as other benefits. A Charitable Remainder Trust (CRT) or Charitable Lead Trust (CLT) can be a powerful tool for allowing you to make a significant gift to the Library while also providing tax advantages. We urge you to discuss a gift to The Friends with your attorney and financial adviser.
In the past, The Friends has been the recipient of several generous bequests to support the Saint Paul Public Library. In most cases, bequests are placed in endowment funds that support the Library on an annual and on-going basis. These endowments are permanent cornerstones for the Library. These funds assure that the Library will have additional resources each year to respond to the most immediate and sometimes pressing needs of patrons.
The John & Myrtle Briggs Circle
The Friends established The John & Myrtle Briggs Circle to recognize those who have chosen to make a lasting commitment to The Friends with a provision in their estate plan. The Library has benefited greatly from The Friends’ endowments and gifts established by these individuals. Through the generosity of The John & Myrtle Briggs Circle members, The Friends has provided: funding for tens of thousands of library books and materials; free, award-winning literary and music programs; support for renovating and constructing new library buildings; and, community outreach programs. Have you already included The Friends in your estate plans? Please let us know so that we may include you in The John & Myrtle Briggs Circle and invite you to our annual Donor Society Luncheon.
If you are undecided about just how to make your commitment, please call us and we would be delighted to discuss the various options that are available. We are happy to share with you the wide variety of ways you can make a bequest to The Friends.
Learn more about Planned Giving today
Once you have decided to plant that shade tree, we will help make certain that it flourishes and that your gift will benefit the Saint Paul Public Library and the future generations who enjoy and depend on it. For more information, please contact Greg Giles, Vice President of Development and Community Engagement at 651-366-6499 or firstname.lastname@example.org.