Ways To Support · Torch Society - Planned Giving
Consider a planned gift that will offer ways for you to substantially increase your support of the Library Foundation and achieve your financial goals and family objectives at the same time. All planned gifts will be invested in the Library Foundation’s Endowment unless specified by the donor.
Bequests in Your Will
You may designate the Library Foundation as a beneficiary of a gift or part of your estate and significantly reduce the tax burden on your family. Suggested wording for inclusion would be:
“I give, devise and bequeath to The Public Library of Cincinnati and Hamilton County Foundation (the “Library Foundation”), a not-for-profit Ohio corporation (tax ID number 30-0234776) located in Cincinnati, Ohio, (describe the gift) to be administered in perpetuity in accordance with the policies of the Foundation.”
A bequest can be a specific dollar amount or asset or a percentage of your estate or can be an item of personal or real property and clearly described. The amount you endow can be kept completely confidential. Download a Will Inclusion Language form.
Life Insurance or Retirement Plans
Including the Library Foundation as a beneficiary of your life insurance or retirement plan is a simple way to leave a legacy. Transferring a paid policy to the Foundation or purchasing a new policy designating the Foundation as owner.
Charitable Gift Annuity
Working with the Foundation staff, you can decide to participate in our unique Charitable Gift Annuity program. The joy of giving your gift will be experienced in your lifetime. Your donation will not only help support the Foundation now, but you will receive tax deductions and quarterly or annual payments during your lifetime. The minimum investment is $20,000.
Please contact our Foundation staff by phone (513-369-4595), mail (800 Vine Street, Cincinnati, OH 45202), or email for more information. Download a Torch Society brochure or Planned Giving Intent form.