By donating to the Library Foundation, you are giving a powerful gift to the people of East Brunswick. You are ensuring that all residents will be successful in their quest to obtain information, that the future of our town will be strong in its ability to grow and change with technological and societal advances and that the civic right of access to information will remain intact for generations to come.
The most direct way to support the Library is through a gift by either cash or check.
A charitable gift of appreciated stock can make sense for donors holding stock that has appreciated over the long term. A stock gift generally offers two-fold tax savings. First, the donor avoids paying capital gains tax on the increase in the value of the stock. Second, the donor can receive an income tax charitable deduction for the full fair market value of the stock at the time of the gift.
Many companies offer matching gift programs for outright gifts made by their employees and their spouses.
Establishing a permanent endowment in your name or the name of a loved one is a wonderful way to provide ongoing funds to the East Brunswick Public Library. With this type of fund, a percentage of the earned income is used to carry out the purpose of the endowment while the principal remains intact.
• A named fund may be created in the unrestricted endowment category with a gift of $25,000 or more.
A planned gift to a charitable organization like East Brunswick Public Library Foundation allows you to create a legacy for your community while meeting your own financial and personal objectives. Depending on your circumstances, you may be able to:
A charitable bequest is a gift one leaves in their will. On making a bequest, donors are often able to make greater contributions than they could otherwise have afforded during their lifetime while providing an ongoing legacy for the values and causes that are most important to them. There are two types of bequests:
Transfer ownership of a paid-up life insurance policy to East Brunswick Public Library Foundation. The Foundation cashes the policy now, or maintains it and receives the death benefit later.
Name the East Brunswick Public Library Foundation as the beneficiary of your IRA, 401 (k) or other qualified plan. After your lifetime, the residue of your plan passes to East Brunswick Public Library Foundation tax-free.
The Foundation welcomes contributions of a variety of types of assets such as U.S. savings bonds and tangible personal property.