What is planned giving?
Planned giving is a way to support Little Free Library in the future through arrangements you make today.
Sample language and Tax ID
If you would like to include Little Free Library in your estate plan, here is some sample language you can use. You may wish to share this language with your attorney: “I give, devise, and bequeath to Little Free Library, a nonprofit Minnesota corporation, located at 2327 Wycliff Street, Suite 220, Saint Paul, Minnesota, the sum of $______ (or __ percent of my estate, or __ percent of the residue of my estate) to be used for such purposes as Little Free Library determines at the time this bequest becomes effective.”
Using language like the following will help us follow the spirit of your gift, even if the particulars change: “If, at any time after this bequest becomes effective, the funds are not needed or cannot be used for this purpose, Little Free Library may direct the funds to be used for a purpose as closely related as possible to the original purpose described in this provision.”
If you express your gift as a percentage (e.g., “20 percent of the residue of my estate”), you can maintain the same relative gifts to charities and your heirs, regardless of changes in your estate value.
If you are considering designating your gift for a specific purpose, such as a specific program, contact us to ensure that we understand your wishes.
You may need to provide the following information:
Legal name: Little Free Library
Address: 2327 Wycliff Street, Suite 220, Saint Paul, Minnesota 55114
Tax ID#: 45-4043708
For more information, please email gifts@littlefreelibrary.org or call 715-690-2488.