By leaving the Calgary Public Library a gift in your will, or committing your support in a number of other ways, you will provide the Library with a critical source of long-term funding – a gift that will help generations of Calgarians.
Your gift has the potential to impact generations of Calgarians. When considering a legacy gift, we encourage you to seek independent legal and/or financial planning advice.
A charitable bequest is a gift to the Calgary Public Library Foundation made in your will. You can make a bequest with cash, securities, assets, and, the donation of all, or residue of an estate. Charitable receipts up to 100% of your net income can be claimed as a charitable donation in the year of death.
You will support Calgarians who use the Library every day by naming the Calgary Public Library Foundation as the beneficiary of your RRSP or RRIF (during your lifetime or in your will). There are significant tax advantages to this type of gift, as you will not pay capital gains tax. Any assets that pass directly to the beneficiary without probate will remain private and confidential.
Maureen Proctor is a long time supporter of the Library. She began volunteering with the Library’s “Read with Me” program in 2002, helping young readers discover the magic of reading. Thanks to her generous gift, readers of all ages are able to enjoy a book in the Maureen Proctor Reading Nook at the Central Library.
Maureen gives to the Library because she believes in the Library. “I think the Library is a necessity in communities,” she says. “It’s a place of refuge for so many people. Please join me in making a difference. Imagine what the Library of the future could be if we all left a gift.”
We are happy to speak with you about your legacy gift.
If you have already decided to make a legacy gift, thank you very much. Sharing your intention with us allows us to plan for our Library in the future. It also allows us to recognize your generosity according to your preferences. Please feel free to get in touch with your questions and to share your Promise Form with us.
Alexandra Runge, Donor Relations Officer