Legacy Gifts


Our library is one of our city’s greatest assets. With a great legacy dating back to a gift from A.C. Burnham in 1896, the library continues to enrich life in our community. By including the library in my estate plan, I can help continue this strong tradition.

— Edith Ann Stotler

 

You can ensure a strong future for the library by including the Champaign Public Library Foundation in your estate plans. Your legacy as someone who cared deeply about your community can be established through any of the following methods:

Bequests

Make a bequest to the Champaign Public Library Foundation in your will. This can be done when you write the will, or you can easily add a codicil to an existing will. See our example of wording to use.

Bequests can be for specific amounts of money, specific assets, a percentage of your estate, or the remainder of your estate after all other bequests have been honored.

Life insurance & IRAs

Name the Champaign Public Library Foundation as a beneficiary of a life insurance policy or retirement account, such as an IRA.

Obtain a beneficiary designation form and name the Library Foundation as a full or partial beneficiary.

Gift of real estate

A residence, farm, vacation home, commercial property, or undeveloped land could be the basis of a significant gift to the Champaign Public Library Foundation.

Real estate can be used to make an outright gift or to set up certain types of planned gifts such as charitable remainder trusts. You can also make a gift of your home that allows you to continue to live there throughout your lifetime.

Charitable remainder trust

Under a charitable remainder trust, cash or other assets are transferred into an irrevocable trust which manages the assets and makes payments to you or your beneficiaries, either for life or for a fixed number of years.

Burnham Society: Recognition for your gift

We encourage you to let us know about your planned gift and invite you to join the Burnham Society which recognizes individuals who have included the Library Foundation in their estate plans. Contact Donna Pittman, Library Director, at 217/403-2050 or dpittman@champaign.org.

We thank our Burnham Society members

Wes & Laura Curtis
Edith Ann Stotler
James Russell Vaky
Donald C. Dodds Jr.
Marilyn Whittaker
Kyle & Phyllis Robeson
Mark Ballard
Michael J. Carragher
James A. Barham
Sharon T. Fabert
Edward & Carolyn Ogen
Louise Allen
Mary Bissey
Jan Kiley
Helen McPhee
A. C. Burnham
Robert D. Burnham
Mildred A. Schwartz
Mildred Van Voorhis Jones

Questions? Ask us.

Donna Pittman
Library Director
217/403-2040
dpittman@champaign.org

Donate button

 

Questions? Ask Us.