Planned Giving

Planned Giving

Planning a gift makes good sense. As you make sound decisions for your financial future, you can also ensure the growth of organizations that make a difference in our community. You can make a significant charitable impact at the Delray Beach Public Library by structuring a gift that reduces your tax liabilities while permanently endowing services, events and education that you and your family have enjoyed and would like to share with another.

A planned gift is a charitable contribution of any asset, current or deferred, that can directly benefit both you and the Library. Though bequests and wills are the most prominent sources of planned gifts, contributions of securities, tangible property, real estate and life insurance benefit the Library today and can provide you with even greater tax deductions. Charitable gift annuities allow you to give cash or an asset in return for a life income paid by our organizations. IRAs and other retirement plans, which can be most heavily taxed in an estate, can be designated to the Library to reduce your present income tax liability.

Our development staff would be happy to design a gift strategy that is right for you and will help you and your family meet your philanthropic goals.

Securities

The Delray Beach Public Library gratefully accepts gifts of stock and other securities. You receive an immediate charitable deduction and are not subject to capital gains. The Library receives the full market value for your contribution!

Other Assets

Other assets that the Library will gratefully receive include real estate, automobiles, art and any personal property that you would like to share for the enjoyment of others or for the value of its sale.

With a gift of property, you generate an immediate income tax deduction and a possible reduction in capital gains tax.

With cars, boats or other assets, you receive the income tax deduction, and the Library receives the full market value of your gift.

For questions about making a tax-deductible contribution to the Library and information about other giving opportunities, please contact Director of Development Kae Jonsons at kae.jonsons@delraylibrary.org or call (561) 266-0798.

In an effort to assist estate planning professionals in their valuable work, we can assist you in the following ways:

  • Providing sample bequest language for the Delray Beach Public Library to ensure that your client’s wishes are realized. Tax ID and other pertinent information are also available.
  • Providing the procedures for making gifts of stock either outright or to fund a charitable gift.
  • Providing information on our gift acceptance policies covering gifts of appreciated property, insurance beneficiary designation, and gifts of retirement plans.
  • Creating detailed, personalized gift illustrations of planned giving vehicles. Using our software, the illustration can be customized to your client’s needs showing various estate planning options.
  • Forwarding brochures reflecting all of the planned giving opportunities.
  • Partnering to conduct financial and estate planning seminars..
  • Meeting with you and your clients to discuss various planned giving options, including endowment gifts.

For more information about this or any other planned giving service, please contact us at (561) 266-0798 or kae.jonsons@delraylibrary.org.