Legacy Society

What is the Charles A. Loomis Legacy Society?

The Legacy Society was established to ensure Wood Library’s future financial stability and continued excellence through planned gifts.  The Society recognizes the special people who have included Wood Library in their charitable-giving plans.  It was named for Charles A. Loomis who is recognized as the first person to endow a gift to Wood Library in 1897.  Legacy Society members value the library and its role in the community, and they want it to thrive.  Through individualized planned gifts, Legacy Society members help to create a stable financial future for Wood Library and create a personal legacy that will last forever.

What are Legacy gifts? 

Legacy gifts can be realized during or after a donor’s lifetime.  The most common and simple way to make a Legacy gift is by a will bequest or by designating Wood Library as the beneficiary of a retirement asset or life insurance policy.  Legacy gifts can also be property or securities, or a deferred gift such as a charitable gift annuity or a trust.

Create your legacy—make a difference! 

With careful planning, you can create a Legacy gift that will have a lasting impact.  In addition to the financial flexibility and tax benefits offered, legacy gifts give you an opportunity to make a difference during and beyond your lifetime.   When you name Wood Library in your charitable-giving plans and let us know about it, we will invite you to become more involved in the life of the library.  You will receive an invitation to special events; and, with your permission, we will list your name in the Annual Report to the Community.