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.