A planned gift to Wood Library is one of the easiest ways to support the library’s mission while ensuring its future financial security.
A planned gift may be a percentage of your estate, or a specific amount or asset. Examples are plans from your estate such as a Will Bequest or Living Trust, or designating the library as a beneficiary of a Retirement Plan or Life Insurance policy. You can also establish a gift to Wood Library that will generate income during your life for you or for loved ones. These plans include Charitable Gift Annuities or Charitable Remainder Trusts.
Planned gifts qualify you for membership in the Charles A Loomis Legacy Society, a special group of people who have created a personal legacy and made a commitment to ensure that the library will thrive in the future.
Please consult with a trusted financial adviser as you consider your options.
Wood Library’s Federal Tax ID# is 16-0755896.
Join the Charles A. Loomis Legacy Society
The Charles A. Loomis Legacy Society was established to ensure Wood Library’s future financial security and continued excellence through charitable planned gifts.
It is named for Charles A. Loomis who is recognized as the first person to endow a gift to Wood Library in 1897. Legacy Society members create a secure future for Wood Library and a personal legacy that will last forever.
In addition to the financial flexibility and tax benefits offered, legacy gifts help you support Wood Library beyond your lifetime. Seek advice from a trusted financial adviser or attorney. Once you have settled on a plan, let us know so we can acknowledge your decision and future gift.
Sample Bequest Language
“I give, devise, and bequeath to Wood Library Association (Tax ID #16-0755896), a charitable corporation established in 1859 in the State of New York, and located at 134 N Main St, Canandaigua, NY 14424, a ___% of the rest and residue of my estate (or the sum of $____).”
For more information, contact Library Director Jenny Goodemote or Development Specialist Maria Bucci.