Legacy League
Where will you leave your legacy?
Mother and Daughter If you want Sacramento libraries to create a more literate and informed community for the future, consider a gift to the Sacramento Public Library Foundation. You get the long term benefits of endowment funding, with the tax advantages of charitable giving, while providing valuable resources for future generations of library users.

The Library Legacy League is a group of Sacramento area residents who include the Sacramento Public Library Foundation in their estate plans. Permanent membership is established by written communication from the donor designating the Sacramento Public Library Foundation as an estate beneficiary.

As a member of the Library Legacy League, you will receive an invitation to the annual Pride of the Library event, a subscription to the Foundation newsletter and acknowledgement of your gift in the Foundation Annual Report.

In joining the Legacy league you belong to a select group; while over 70% of Americans will donate to a non-profit during their lifetime, only 6% will continue to give through a bequest or estate plan.

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A bequest is exempt from federal estate tax which allows you to defer a gift until after your lifetime. You can name the Foundation in your will for a specific amount, a percentage, or a share.

A revocable living trust gives you control of your gift for your lifetime. It allows you to name the Foundation the beneficiary of assets in a living trust.

A Charitable Gift Annuity allows you to supplement your income with a guaranteed, fixed amount that is partially tax free.

Create a hedge against inflation with a gift of real estate or other appreciable asset. A trust can pay you a set income annually, or a fixed percentage of assets revalued annually. You receive a fixed or variable income for life with an income tax charitable deduction.

You can contribute a life insurance policy and/or name the Foundation as a beneficiary. You get a current income tax deduction and possible future deductions on policy premiums.

When you contribute long-term appreciated stock or other securities, you can receive an immediate charitable deduction and avoid capital gains tax.