Foundation Donation Types

Cash

Cash gifts from individuals, corporations, foundations and civic organizations.

Restricted Gifts

Gifts made for a specific purpose. The Foundation makes a commitment to use those gifts exclusively for the purpose chosen by the contributor.

Capital Gifts and Naming Opportunities

Raise funds to support capital projects including construction, renovation and equipment. Name an entire room or individual chairs.

Endowed Funds

Minimum contribution of $10,000 named for the donor or someone to whom the donor wishes to pay tribute.

Securities Gifts

Charitable gifts of appreciated stocks, bonds, or mutual funds held more than one year. They allow donors to claim a charitable tax deduction for the full fair market value of the securities donated to the Stow-Munroe Falls Library Foundation and never pay capital gains taxes on the appreciation.

Securities held less than one year may also be donated, but the deduction is limited to the lesser cost basis market value. For gifts of publicly traded securities, the mean market value on the date of transfer will determine the value of the gift for tax purposes.

Closely held stock, limited liability company interests and partnerships may be used to make a charitable gift.

Real Estate Gifts

Gifts of appreciated homes, farms, and other real property that receive the same tax treatment as gifts of securities, including a full fair market value deduction and no tax on the capital gain. When debt-free property is donated to the Stow-Munroe Falls Library Foundation, the gifts are deductible at the property's appraised value.

Corporate Matching Gifts

Company provided programs that double or triple the value of gifts made by employees, retirees, or board members. Outright gifts and the deduction value of irrevocable gifts may qualify for corporate matching. Contact your human resources department to find out if your company provides a matching gift program.

Every Gift, Large or Small, Makes A Difference.

There is a gift for every objective. Find out which gift is right for you. Meet with your financial advisor or with our organization to begin implementing your wishes today. For more information, contact Library Director Douglas H. Dotterer at 330-688-3295