Support Prescott Public Library
Book sale income, membership dues, and other contributions to the Friends fund a variety of projects, including:
Children’s reading programs & special events
Chamber music concerts
Author talks and book signings
Special collections of books & DVDs
Purchase of new furnishings and library shelving
And many more – the Library Lion and Library Lizard sculptures, a passive water catchment system, the Beyond Words mural, Live Homework Help, Spotlight on the Stars to name a few.
The Friends also accept and administer bequests of funds given to benefit the library.
Membership dues, donations of books and magazines, contributions and bequests turn into countless library services and Friends of the Prescott Public Library programs.
To make a donation to the Friends, checks can be mailed or dropped off at the Prescott Public Library, 215 E. Goodwin Street, Prescott, AZ 86303
The role of the Friends of the Prescott Public Library is that of a catalyst, matching the special interests of potential donors with specific Library needs.
The funds and management of the Friends of the Prescott Public Library exist separate and apart from the City of Prescott and its appointees. The Friends organization is committed to building a greater library, but it will not use funds it raises to meet library needs that are traditionally the responsibility of the City of Prescott (i.e. personnel & operations). Rather, Friends resources will be devoted exclusively to developing and augmenting Library resources which are not otherwise provided for.
The Friends of the Prescott Public Library is a 501(c)(3) public charity, as defined by the Internal Revenue Service. A gift to the Friends of the Prescott Public Library is an enduring gift which creates a margin of excellence in the Library system for all the citizens of our community. Many gifts offer significant tax benefits to the donor, and can be made through one or more of the following programs:
You may choose to name the Friends of the Prescott Public Library as a beneficiary in your will. A charitable bequest for the Friends can be included in your will when it is written or revised or it may be added through a codicil, a separate document amending your existing will. All charitable bequests are fully deductible from your gross estate so are not subject to estate taxation.
Bequest Language Examples
How to Include the Friends of the Prescott Public Library in Your Will
The following examples illustrate a variety of bequest techniques. You should consult an attorney to adapt this language to your individual circumstances as part of your overall estate plan.
A specific bequest is a gift of a particular dollar amount or a particular piece of property. For example:
“I bequeath [dollar amount or description of property] to the Friends of the Prescott Public Library, a nonprofit corporation whose address is 215 E. Goodwin Street, Prescott, Arizona, 86303.”
A residuary bequest is a gift of all or part of the property remaining in your estate after debts, expenses, and specific bequests have been paid. When you use a percentage instead of a specific amount, your gift will stay relatively the same in proportion to your entire estate, regardless of unexpected increases or decreases in its value. For example:
“I give, bequeath, and devise [all, or ___percent of] the rest, residue, and remainder of the property, both real and personal, wherever situated, which I may own or be entitled to at my death, to the Friends of the Prescott Public Library, a nonprofit corporation whose address is 215 E. Goodwin Street, Prescott, Arizona, 86303.”
A contingent bequest is a gift that takes effect only if the primary beneficiary or beneficiaries of the bequest predecease you. For example:
“If neither my spouse nor any descendant of mine survives me, then I give, bequeath, and devise all the rest, residue, and remainder of the property, both real and personal, wherever situated, which I may own or be entitled to at my death, to the Friends of the Prescott Public Library, a nonprofit corporation whose address is 215 E. Goodwin Street, Prescott, Arizona, 86303.”
As in the examples provided above, the Friends full legal name is the Friends of the Prescott Public Library. The Friends legal address is 215 E. Goodwin Street, Prescott, Arizona, 86303; the Friends Federal Tax Identification Number (TIN) is 23-7088943.
Individual endowments (permanent funds for support) can be established for an appropriate purpose requested by the donor ($5,000 minimum donation) or directed to the general endowment fund which supports all divisions of the library system.
• If you plan to use some or all of your IRA funds that you must withdraw after age 70 ½, you are able to request that your IRA administrator send a check for whatever amount you wish to give directly to a charity. In doing so you will not have to pay tax on that distribution if it is sent directly to a charity.
• If you had plans to sell investments of stock in order to contribute to a charity, again, it may be wise to donate that stock to the charity directly and you will not be taxed on it. It is important that you have a conversation with your financial advisor and your tax preparer as to what the next step should be in your charitable giving.
•As with any changes or questions about income tax rules, we offer the reminder that you speak to your tax preparer regarding our personal income tax circumstances.
Planned or Deferred Gifts
This type of contribution is planned during the donor’s lifetime with the resulting benefit to the Friends of the Prescott Public Library deferred until a future date. The donor can benefit from lowered estate taxes in some instances with this plan.
Gifts of Insurance
Life insurance may be a current or deferred gift. A paid-up life insurance policy can be transferred to the Friends of the Prescott Public Library as irrevocable owner of the policy.
Charitable lead trusts or charitable remainder trusts are excellent vehicles for significant giving and can offer major tax benefits to donors. Please secure professional advice prior to making any commitments to insure the best possible result for your generosity.
If you choose to make an unrestricted gift to the Friends of the Prescott Public Library, the funds would be utilized for either immediate or long range Library needs in accordance with guidance provided by the Library Director.
Many employers have programs that match employee contributions to eligible charities. These programs multiply the impact of your gift. In most cases, the Friends of the Prescott Public Library qualifies for these matching gifts.
The Friends of PPL appreciate your donation in helping to provide programs, materials, and books. We hope that you will continue to support the library through donations to the Friends of the PPL.
Sincere Gratitude for Our Donors:
Richard & Therese Abril ● Eve Adams ● Mary Albertson ● Cynthia Aldridge ● Ann Alexander ● Harry & Debbie Allen ● Jerome & Judy Altshuler ● Mark & Julia Alver ● Lesley Alward ● Roger & Betty Antony ● Applied Materials Foundation ● Suzanne Armstrong ● William & Sharon Arnold ● Isabel Arnone ● Laurie Back ● Rosemary Badgett ● John Baker ● Sarah Joan Baker ● Ray & Donna Baldwin ● Ron & Lisa Barnes ● Betsey Bayless ● Donald Beacham ● Benevity Community Impact Fund ● Sandra Bennett ● Lloyd Benson ● Tom & Lois Benson ● Beverly Berg-Hansen ● Helaine Berman ● Dorothy Berry ● Gary & Eileen Bertsch ● Dick & Judy Besser ● Glenna Bissegger ● Lupe Bivins ● Gerhard & Karma Bombe ● Stan & Judy Book ● Kelly Boryca ● Christine Bothell ● Ralph & Sandra Bradley ● Deanne Brewster ● Robert & Mary Bricker ● Doug & Jane Bristol ● Joan Brown ● Timothy Brown ● Carl Brown ● Marion Brown ● Derek Brownlee ● Carol Brownlow ● Carolynn Bryan ● Valda Bryant ● Jessica Buckles ● Joel & Debbie Bump ● John Burton ● Harry & Marnie Butts ● Richard & Denise Cady ● Robert & Barbara Cady ● Tim & Sara Campbell ● Richard Canfield ● Ginger Carlson ● Bob & Luba Carlson ● Virginia Castady ● Jorge Castellanos ● Frank & Loretta Chambrone ● Bob & Jo Chanaud ● Mike & Judy Cherry ● Andrew Christenson ● James Christopher ● Angela Ciminiello ● Phil & Carol Clayton ● Karen Cone ● Marshall & Coletta Considine ● Jim & Vicky Cook ● Jane Cook ● Neil & Paula Cooperrider ● Jo Ann Cork ● Frances Cornett ● David Covey ● Cathy Cowen ● Lee Crowley ● Susan Crutcher ● Larry Cunningham ● Kirk & Catherine Cunningham ● Henry & Linda Dahlberg ● Sandy Daniels ● Charles Dann ● Judith Davis ● Carl & Mary Day ● Raymond DeCosta ● Cynthia DeGeorge ● Kay Denny ● Marjory DeRoeck ● Brigitte Dickinson ● Betty Digua ● Deborah Dillon ● Ralph Dinsman ● David & Julie Dirlam ● Stephanie Dishal ● Bob Ditteberner & Deni Harris ● Sam & Leigh Downing ● Mary Drake ● Leona Edenfield ● Kristi Edwards ● Janet Elsea ● Charmaine Emerald ● Jeff Emmert & Susan Emerson ● Robert Erickson ● Matt Everett & Melanie Gallo ● Clyde & Charlotte Ewalt ● Eyes In Motion Book Club ● Jock & Debra Favour ● Max & Lucy Fields ● Kyle Fitzgibbon ● David Fizzell ● Carole Ann Flack ● Patricia Fox ● Gary & Jeanette Frank ● William & Rebecca Franklin ● Robert Frith ● Kathryn From ● Fry's Food Stores ● Robert & Florence Fujita ● Larry & Emily Furlong ● Rachel Gabaldon ● Caroline Gardiner ● Allen & Nancy Gardner ● George Garlets ● Geary Rimmer Vincent Wolf Foundation ● Patricia Gebhardt ● Robert & Yvonne Gerber ● Robert & Patricia Gerling Endowment Fund ● Bob & Catherine Gessner ● Leah Gilbert ● Michael & Jerlynn Gjede ● Philip & Beverly Goehring ● Lewis Goldman ● Shirley Goldstein ● Ron & Jan Gould ● Dennis & Jan Grady ● Alex Graham ● John & Sharon Gray ● Robert Gray ● Edward Greenberg ● Robert & Betty Greer ● Gayle Gregory ● Margaret Gregory ● Diane Griffin ● Janet Grossman ● Becky Gunn ● Linda Guy ● Bill & Joyce Haas ● Tom & Leigh Haley ● Jean Hall ● William Hannig ● Judith Hardes ● Steve Harms ● Alice Harris ● David Hartke & Marianne Simpson ● Dianne Haselfeld ● Mac Hasvold ● Fran Hattendorf ● Carolyn Haynes ● Jim Hays & Beverly Biggs ● Jean Hazlett ● Sandy Hester ● Patricia Hils ● Dava Hoffman ● Kris Holt ● Hougen Foundation ● Natalie Houghton ● Walt & Shirley Howell ● Chris & Leslie Hoy ● Gail Rae Hudson ● Jean Isom ● Marcia Jacobson ● George Jaeger ● Martha Jensen ● Laurie Johnson ● Vicki Johnson ● Robert & Judith Johnson ● Susan Jones ● Elaine Jordan ● Nancy Judd ● Sharon Kaiser ● Marv & Jane Kaiser ● Robert, Ann & Colleen Kane ● Pete & Cathy Karpinski ● Laurie Katon ● Shirley Kay ● Carol Ann Kearns ● Dick & Mary Kelly ● Patricia Merirose Kelsey ● Kathaleen Kientz ● Kenneth & Jacquelyn Kimsey ● Susan King ● Bobbie King ● John & Leslie Kirkeide ● Ann Kirkwood ● Lance & Sue Kissel ● Joan Klein ● Carol Klein ● Sue Knaup ● Edward Kofron ● Allison Kravetz ● Claudette Krupnick ● Julie Kuzia ● Karen Kyler ● L & L Borok Foundation ● John & Lili La Tourette ● L.F. & Phyllis LaGrange ● Jim Lane & Cheryl Cross ● Lindley Lang ● Larry & Beth Larson ● Ellie Laumark ● Anne Lawrence ● Gary & Susan Leach ● Betsy Lee ● Luanne Leeson ● Ed & Penny Lehman ● Fred & Jaye Leonard ● Dezie Lerner ● Charles LeRoy ● Darrell & Lavon Levi ● Dick & Lynne Lewis ● Tala Lindaro ● Paul & Donna Litteau ● Donald & Elizabeth Little ● Jack Loewy ● Larry & Kathy Lopez ● L. M. Luisi ● Matthew & Roseann Lukaszewski ● James Lundquist ● Ed & Jean Lutz ● John & Sherry Lyle ● Kathleen Madeda ● Kathy Malm ● Arthur & Delores Manburg ● Vincent & Arlene Maressa ● Arthur Markham ● Theresa Marquardt ● Frances Martinez ● Samuel Masters ● Jim & Lynda Matakovich ● Jerry & Mary McCabe ● James & Deborah McCasland ● Ruth McDonald ● Susan McElheran ● Vicki McGaw ● Diane McIntyre ● Bruce & Georjean McKeeman ● Jon & Mary McNay ● Susan Medendorp ● Norma Meier ● Mary Meinholz ● Fernando Mendigutia ● Juanita Mersereau ● Don & Barbara Michelman ● Layne Middleton ● Linda Sue Miller ● Marilyn Millspaugh ● Pamela Montgomery ● Everett & Julia Moore ● Mary Moore ● Diane Morey ● Jessie Morgan ● Joanie Morris ● Phyllis Moss ● Gerri Mulvihill ● Lillian Murphy ● Marianne Murray ● Bill & Sylvia Neely ● Janet Nellans ● Aaron & Page Newton ● Sylvia Norby ● Brian Nordstrom ● Michael & Jeni O'Callaghan ● Richard & Sally Ohanesian ● Karen O'Neil ● Mary Kaye O'Neill ● Fred Oswald ● Steve Pace & Barbara Wood ● Suzanne Parisi ● Ed Parry ● Julie Pavri ● Randy & Rose Persson ● Dennis Peterson & Joan Maloney ● Sharon Phelps ● Jean Phillips ● Doris Piatak ● Ellen Platamone ● Ted & Elaine Pohle ● Tony & Judy Politi ● Jeanette Polvani ● Michael & Sharon Popowniak ● Charles Post ● Dorothy Potter ● M. Kim Potthast ● Bob & Bonnie Pranter ● Willa Mae Prazak-Pabst ● Prescott Outings Club ● Bill & Joan Preston ● Carolyn Prohaska ● Leslie Quenichet ● Ralph & Sandra Rabin ● Beryl Rae ● Eric Ramsey ● Robert & Evelyn Reek ● Rhonda Repp ● Peg Rhodes ● Peggy Ricker ● Kathy Rittenberry ● Suzanne Robinson ● Michael & Judith Rochford ● Peggy Roman ● William Ronaldson ● Ron & Jerri Rook ● Dave & Ruth Rothgery ● Elisa Rouse ● Dorothy Ruef ● Daniel Rusing ● Ronald & Martha Sabin ● Paul Safyan ● Katharine Salera ● Maria Sancho ● F. Louise Savidge ● Derry-Lynn Schall ● Norm & Mary Scherer ● Joseph & Anna Scherzer ● Dean & Janet Schlarbaum ● John & Linda Schmitt ● Joan Schneider ● Dale & Phyllis Schweckel ● Kenneth Scott ● Gus Scott ● Eugene & A.J. Scott ● Clay & Nancy Seaman ● Edward & Virginia Seaver ● Frank & Marjory Sente ● Michael & Christine Shannon ● Carolyn Shelley ● Tara Sholle ● Leonard & Sue Shortland ● Melvyn Shutz ● Jan Simmons ● Iona Singleton ● Twyla Sizemore ● Thomas Slaback ● Elaine Smith ● Carver Smith ● Stephen & Andrea Smith ● David & Elaine Snively ● Bill & Nancy Sonsin ● Richard Stambaugh ● Dinah Stecki ● Mary Gray Stephenson ● James & Janet Steven ● John & Linda Stevens ● Barbara Stewart ● Joan Stinstrom ● Ben & Lisa Stoken ● Fran Strange ● Carolyn Joyce Strong ● Herchanna Sullivan ● Torene Svitil ● Bette Talbert ● Charles Taubman ● Edi Taylor-Richards ● Ann Tewksbury ● Maureen Theobald ● Ula Thornton ● Bill & Kathy Thrift ● Wenzel & Marie Tirheimer ● Ron & Sharon Tom ● Bruce & Patti Trahern ● Lynette Tritel ● Tranise Trout ● Jeffrey & Wendy Tweedy ● Sean Underhill ● Diane Vale ● Harry & April Vedvik ● Laura Verderame ● Larry & Ginny Veselovsky ● John & Teresa Vonk ● Kent & Karen Vorhies ● Robert & Martha Walker ● Andrew Wallace ● Robert & Nancy Walters ● Darinda Warner ● Barbara Warner ● Jim & Karen Warrick ● John & Maureen Waters ● Marie Webb ● Joseph & Judith Weber ● William & Sandra Weiss ● Judy Wells ● Ted & Margarita Wickstrom ● Claudine Wiedman ● Linda Wiley ● Brantley Williams ● Bruce & Barbara Williams ● Gloria Williams ● Ed & Vera Williams ● Veronica Wilson ● Katherine Wingert ● Tony Winkelman & Marci Golden ● Mary Elizabeth Wolter ● Michael & Linda Wood ● Cristie Wood ● James & Beverly Wright ● Fulton & Nancy Wright ● Priscilla Wright ● Yavapai Prescott Indian Tribe ● John & Laura Zambrano