by Mr. Mel Cherry, Former Library Trustee

There are many ways you can contribute to the Huntingdon Valley Library so that we can continue and improve our services to the residents and businesses of Lower Moreland. Joy Gifts are special ways to remember important occasions such as birthdays, anniversaries, weddings, and graduations. Memorial Gifts in memory of a loved one or a special friend is a meaningful thoughtful way to express respect for who have passed on. Lifetime Gifts are you or your family's special way to show your interest in our community by giving to the Library in a special way.

Joy, Memorial and Lifetime Gifts can take the form of any of the following:

Book Donations-A book will be added to our collection in honor or memory of your choice. The person or family of that person will be notified of the donation and the title of the book that donation represents. The book will have a dedication plate in it and will become part of our collection for use by the public.

Plaques-Gift plaques are displayed in the Library and are still available.

Bequests-A Bequest is a gift by will or living trust at the donor's death. Many people who want to make a gift but cannot part with current assets find bequests are an attractive way to give.

Life Insurance- A gift of Life Insurance allows a donor to make a modest contribution which transforms into a significant gift. A donor's contributions are directed toward the purchase of a life insurance policy naming the Huntingdon Valley Library owner and beneficiary. It provides income tax deductions and avoids estate taxes.

Charitable Gift Annuities -both immediate and deferred payment are simple agreements between a donor and the Huntingdon Valley Library to pay a designated annuiant a fixed and guaranteed annuity payment for life in exchange for a gift of usually cash or marketable securities.

Charitable Gift Fund-A donor establishes an account with a mutual fund management firm in their name and deposits the contribution. They receive an immediate income tax deduction and future growth of the money that was contributed tax free while it is invested with the Charitable Gift Fund. The Library receives the funds at the choice of the donor.

Charitable Reminder Trusts-are individually managed trusts that pay an agreed upon payout amount to the designated income beneficiaries. At the death of the beneficiaries, the principal is paid to the Library.

Charitable Lead Trusts-are individually managed trusts where the individual places an asset in trust for a period of years, after which the assets revert back to the donor or the beneficiary. Any income produced during the term of the trust is paid to the Library.