Anchorage Library Foundation

Support the Anchorage Library Foundation

Planned Gifts

Why make a planned gift to the Anchorage Library Foundation?

A planned gift to the Anchorage Library Foundation helps ensure the future growth and sustainability of the Anchorage Public Library. You can provide a legacy of knowledge and exploration through planned giving, which enables you to support the work of the Anchorage Library Foundation as you plan for your financial future.

Please consider a planned gift to the Anchorage Library Foundation and deliver the power of information, imagination, and inspiration to the future generations of our community.

Your planned gift may:

Reduce your income tax and capital gains liability
Provide useful gift tax and estate tax reductions
Provide an income stream for yourself and others

Learn about different ways to make a planned gift to the Anchorage Library Foundation.

Consult your financial advisor to find the planned gift that best fits your situation.
Please contact our Development Director at 343-2983 or stockertce@muni.org if you have further questions or would like to make a planned gift to the Anchorage Library Foundation.

Planned Giving Options

Click on each for more information.

Direct Gift to the Anchorage Library Foundation - Provide a tax deductible gift today through appreciated assets, real estate, a vehicle, or cash.

Bequest - leave a gift through your will or revocable living trust

Annuity Trust - give a gift to the Anchorage Library Foundation and receive a steady income during your life

Unitrust - Provides annual payments and a possible cushion against inflation for donor, as well as federal and state income tax deductions

Charitable Remainder Annuity - Provides income to donor for a set term, and a deferred gift to Anchorage Library Foundation for our work to support the Anchorage Public Library.

Charitable Remainder Gift Annuity - Receive lifetime income, and provide a deferred gift to the Anchorage Library Foundation for our work to support the Anchorage Public Library.

Deferred Gift Annuity - Receive lifetime deferred income, and provide a deferred gift to the Anchorage Library Foundation for our work to support the Anchorage Public Library.

Charitable Lead Trust - Leave a tremendous legacy by providing income to the Anchorage Library Foundation now, and future income to your heirs.

Charitable Bargain Sale - Sell your appreciated assets to the Anchorage Library Foundation for cash at below market value, providing immediate income for yourself, and a source of income for the Anchorage Library Foundation to continue their work to support the Anchorage Public Library.

Life Estate or Remainder Interest in Real Estate - Secure a place for yourself for your lifetime, and a gift to the Anchorage Library Foundation in the future by deeding your real estate to Anchorage Library Foundation.

Direct Gift to ANCHORAGE LIBRARY FOUNDATION

What?

Stocks and bonds

Cash

Real estate

Personal property (art, vehicle, etc.)

Life insurance

Why?

Income tax deduction

Possible estate tax reduction

Who?

Anyone who wants to benefit library activities now

Revocable Gifts

Bequests through your Will, Trust, or Beneficiary Plan

What?	A gift through your will allows you to retain ownership and management of your assets during your lifetime.
Why?	Provides possible estate tax savings Allows you to retain ownership and management of your assets Modifications can be made if life situations change
Who?	For those who want to make a substantial gift to libraries, and would like to retain assets during their lifetime.

Irrevocable Gifts

Annuity Trust

What?	Make a gift to ANCHORAGE LIBRARY FOUNDATION and receive a fixed lifetime income for you and your spouse
Why?	Receive a fixed lifetime income of an amount you determine Provides federal and state income tax deductions No capital gains tax Provides possible estate tax savings Provides ANCHORAGE LIBRARY FOUNDATION with assured income to fund library projects
Who?	Optimal for people over 70 Must be at least 50 to qualify for income tax deductions

Unitrust

What?	Same as Annuity Trust, but variable lifetime income may provide a hedge against inflation.
Why?	Receive lifetime variable income which may provide a cushion against inflation Provides annual payments Provides federal and state income tax deductions Possible estate tax savings No capital gains tax Provides ANCHORAGE LIBRARY FOUNDATION with assured income to fund library projects
Who?	Those wishing to leave a significant legacy Must be at least 50 to qualify for income tax deductions

Charitable Remainder Annuity

What?	Provides income to donor for a set term, and a deferred gift to ANCHORAGE LIBRARY FOUNDATION
Why?	Provides income for a fixed term (minimum of five years) Provides federal and state income tax deductions Possible estate tax savings No capital gains tax ANCHORAGE LIBRARY FOUNDATION receives gift relatively soon
Who?	Those wishing to provide ANCHORAGE LIBRARY FOUNDATION with a considerable gift after receiving substantial income over the fixed term of the annuity (minimum five years)

Charitable Remainder Gift Annuity

What?	Provides lifetime income to donor, and a deferred gift to ANCHORAGE LIBRARY FOUNDATION
Why?	Provides fixed lifetime income Possible estate tax savings Income tax deductions No capital gains tax Provides ANCHORAGE LIBRARY FOUNDATION with assured income to fund library projects
Who?	Must be at least 50 to qualify for income tax deductions

Deferred Gift Annuity

What?	Provides lifetime deferred income to donor, and deferred gift to ANCHORAGE LIBRARY FOUNDATION
Why?	Provides fixed lifetime income Defer income until you want it No capital gains tax Income tax deduction Possible estate tax savings Provides ANCHORAGE LIBRARY FOUNDATION with assured income to fund library projects
Who?	Minimum age of 30 to establish, and 50 to receive payments and qualify for tax deduction

Charitable Lead Trust

What?	Provides income to ANCHORAGE LIBRARY FOUNDATION now, and future income to donor heirs
Why?	Provides immediate annual fixed income for library projects by ANCHORAGE LIBRARY FOUNDATION Reduced income, gift, or estate tax No capital gains tax
Who?	Those whose current income is supplied from other sources Those who wish to reduce estate and gift taxes

Charitable Bargain Sale

What?	ANCHORAGE LIBRARY FOUNDATION purchases donor's asset for less than the asset is worth, which provides immediate cash to donor
Why?	Immediate cash to donor Federal and state income tax deduction Possible estate tax savings Anchorage Library Foundation can sell asset for actual value to fund library projects
Who?	Best for those with appreciated assets who need cash now Those who want to enjoy their legacy to libraries now

Life Estate or Remainder Interest in Real Estate

What?	Gift of residential real estate (home, ranch) to Anchorage Library Foundation while retaining lifetime right to live there
Why?	Provides federal and state income tax deductions Allows donor to live in their home, ranch or farm for the duration of their lifetime Real estate not subject to estate tax ANCHORAGE LIBRARY FOUNDATION can be assured of future income to fund land library projects
Who?	Those wishing to donate real estate in their will, but would like to receive the tax deduction now.

For informational purposes only, and is not intended to be tax or legal advice. Prior to making a gift to Anchorage Library Foundation, please consult a qualified financial advisor.