Giving Options
Support the Fund
Philanthropic support is critical to promoting leadership and innovation, enabling the Library to test new ideas, leverage those ideas to scale, and respond to evolving community needs. While city funding provides the Boston Public Library with a strong base of support, gifts at all levels make innovation and expansion of new services and programs possible.
Gifts by Will or Trust
A charitable gift from your estate is a favored method of giving that enables you to achieve your financial goals, maintain control of your assets, and benefit Boston Public Library Fund.
Naming Us in Your Assets
While you may transfer many of your assets through your will or living trust, a document called a beneficiary designation controls distribution of your retirement plans, life insurance policies, commercial annuities and a variety of financial accounts.
The IRA Gift (QCD)
The IRA charitable rollover (also called the Qualified Charitable Distribution, or QCD) is a great way to make a tax-free gift to Boston Public Library Fund.
Charitable Lead Trust
Make a substantial gift to Boston Public Library Fund in the form of fixed annual payments and pass assets to your family or other heirs at reduced tax cost.
Retained Life Estates
Donate your home, farm or a second home to Boston Public Library Fund and receive an immediate income tax charitable deduction, while retaining the right to live in your home for the rest of your life. If you itemize your deductions instead of taking the standard deduction you could save significant income taxes.
Bargain Sale
Receive immediate cash and make a gift to Boston Public Library Fund by selling to us a valuable asset, such as real estate, for less than it is worth.
Charitable Remainder Trust
A charitable remainder unitrust can help you maintain or increase your income while making a significant gift to Boston Public Library Fund. The charitable remainder unitrust is highly flexible. You can easily make gifts of assets that are not easily converted to cash using the unitrust. If your unitrust grows, your payments will grow too, providing a potential hedge against inflation.
