Library Foundation Category: Donate

Remember or Honor a Loved One or Occasion

Peace Sculpture - doves flying around a sphereRemember or Honor a Loved One or Occasion – The Foundation accepts individual or group gifts in memory or in honor of someone. Celebrate the life of a loved one or mark a special occasion with a tribute gift.

Please consult your attorney or financial advisor before making a planned or estate gift.

eRecycling Program

Recycle your used electronics!  It’s easy thanks to an ongoing program with Recycling Fundraiser and the  Foundation.

Bring any of the following items to the Library and drop them in the collection bin near the Registration Desk:

  • Cell phones – no chargers or accessories
  • Ink-jet cartridges – small enough to fit in the palm of your hand (no toner)
  • Apple iPads and Tablets
  • Apple iPods

Since 2007, monies earned from Recycling Fundraiser have helped to support the Foundation in its ongoing mission of funding special events and other services at the Library.

Leave a Legacy

Leave a Legacy – There are a wide variety of other ways to support the Foundation. The Foundation accepts gifts of cash and other types of planned or estate gifts, such as bequests, property, and stock. Please consult your attorney or financial advisor before making a planned or estate gift. All gifts to the Foundation are subject to approval by the Foundation Board.

Bequests
For many donors, a gift made through a will or trust is the most realistic way to make a major gift. Property, including cash, securities, jewelry, works of art, and real estate, may be given through a will or trust. A donor may leave to the Foundation a specific dollar amount or a specific percentage. All outright bequests to the Foundation are exempt from federal estate taxes.

Life Insurance or Retirement Plans
Consider naming the Foundation a beneficiary of a life insurance policy or a retirement plan, such as an IRA. Another option is to transfer the ownership of an insurance policy to the Foundation .

Charitable Remainder Trust
A donor may make a gift to the Foundation and receive direct financial benefits including an income for life for the donor and/or the donor’s spouse, and a charitable income tax deduction.

Gifts of Real Estate
A donor may make a gift of commercial or residential real estate and receive substantial benefits. Gifts of real estate may be made through an outright gift or via a bequest. Gifts of real estate also may be set up as a type of planned gift, such as a charitable remainder trust.

Please consult your attorney or financial advisor before making a planned or estate gift.

If you have questions about giving options, please call the Library Executive Director at 847-253-5675.

Appreciated Property

Give Appreciated Property – If you own stocks, bonds, mutual funds or other assets that have increased in value since the time of purchase, you may find it advantageous to gift/donate them to the Foundation.

Please consult your attorney or financial advisor before making a planned or estate gift.

Monetary Donations

Making a donation to the Mount Prospect Public Library Foundation has never been easier:

Donation by Check:
Make checks payable to Mount Prospect Library Foundation.

Online Donation:
Make a secure credit card donation via PayPal. Click the Donate button below.

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Cash Donation:
Please visit the Library and come to the Registration Desk to pick up a donation form.