Gifts for the Future

Planned Giving to Auburn Public Library

 

An estate gift to the Auburn Public Library carries your commitment to lifelong learning into the future. Your support ensures that APL can continue to engage, enlighten, and enrich our community for generations to come. Thank you for investing in the future of the Auburn Public Library.

 

1. Wills, Bequests, and Trusts

Including the Auburn Public Library in your will or trust is a meaningful way to support APL’s future while maintaining financial flexibility during your lifetime. You may choose to leave a specific dollar amount, a percentage of your estate, or the remaining balance after providing for other beneficiaries.

2. Retirement Funds

Naming the Auburn Public Library as a beneficiary of a retirement plan—such as a 401(k), 403(b), IRA, or profit-sharing plan—allows your hard-earned savings to be used to their fullest potential in support of APL’s mission.

It takes only 3 easy steps to complete:

  1. Request a change-of-beneficiary form from your plan administrator.
  2. List ​​​t​he Auburn Public Library as a nonprofit organization beneficiary using our Tax ID #  01-​6​000784.
  3. Return the completed form to your plan administrator and send a copy to ​Development Director at ​Auburn Public Library, 49 Spring Street, Auburn, ME 04210.

3. Life Insurance

You may make a generous and meaningful gift by transferring ownership of a life insurance policy to the Auburn Public Library.  Such a gift may be tax-deductible to the extent allowed by law. You may also name the Auburn Public Library as the primary beneficiary of your policy, or as a contingent beneficiary if your other beneficiaries do not survive you.

What is the process?

  1. Request a change-of-beneficiary form from your insurance provider.
  2. List​ t​he Auburn Public Library as a nonprofit organization beneficiary (Tax ID # 01-​6​000784).
  3. Return the completed form to your provider and send a copy to ​Development Director at ​Auburn Public Library, 49 Spring Street, Auburn, ME 04210. 

At death, the benefits pass to ​the Auburn Public Library free of federal estate tax.