FAQ
While we’re not as deep as the Dewey Decimal Classification, we do our best to organize our answers.
Absolutely! Many donors choose to support programs or collections that are meaningful to them, such as the Jane Pope Geske Heritage Room of Nebraska Authors, the Polley Music Library, community outreach initiatives, children’s and youth programs, the general collection, or technology and equipment upgrades. We’re open to additional endowments if you have a place in the library that’s close to your heart.
Yes! The Foundation gladly accepts testamentary gifts, including life insurance policies, will bequests, and gifts through trusts. If you wish to support the Lincoln City Libraries through your estate plan, we can provide suggested wording for your attorney. Please list the beneficiary as “Foundation for Lincoln City Libraries” to ensure your gift is properly received.
We’re happy to help you focus your gift on the priority needs of the Libraries. While we provide guidance, we recommend consulting with your professional advisors for estate planning. We are also available to work alongside your advisors to ensure your charitable goals are met.
Gifts made to the Foundation for Lincoln City Libraries are fully -deductible. As a private nonprofit recognized under IRS 501(c)(3), your donation supports the Lincoln City Libraries and helps ensure their future.
We’d be glad to discuss your questions and help you plan your gift. Please call us at (402) 441-0164 to connect with a Foundation representative.
For memorials and honorariums, at all levels, we recognize both the donor’s name and the honorarium’s name, and no donation amounts are printed.
Before selling any assets to fund a donation, please consult your professional advisors. Selling assets might create tax liabilities that reduce the amount available for giving. In many cases, donating the asset directly to the Foundation can be more tax-efficient. Contact our office to discuss transferring stock or other assets.
We welcome gifts of all kinds, including publicly traded stocks, closely held stock, bonds, IRAs, and cash. You may also consider planned giving options like charitable gift annuities or unitrusts, which can provide income for life while supporting the libraries. Our staff can provide information and assistance to potential donors.
Endowment funds are managed by trusted financial services in Lincoln within the guidelines set by the finance committee and passed by the Board of Trustees. Our trusted partner has always been responsive to questions, and they can provide updates throughout the year upon request.
Yes. We often work hand-in-hand with accountants, private attorneys, estate planners, and wealth management professionals to help donors fulfill their goals.
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