Planning for the future and creating the legacy you wish to leave is one of the most effective ways to ensure a lasting impact. Making a gift in your will or living trust, known as a bequest, can guarantee that your legacy endures.
Your gift may be a specific dollar amount, a percentage of your estate or the remainder after all other provisions are specified. Below is suggested language to take to your attorney for use in drafting your bequest.
For an unrestricted gift that allows St. Louis Public Library Foundation to determine how to use the funds based on the most pressing needs, use the following language for your will and/or trust:
"I give to St. Louis Public Library Foundation, a nonprofit corporation currently located at 1415 Olive St., St. Louis, MO 63103, or its successor thereto, _________ [written amount] for its unrestricted charitable use and purpose."
To designate your provision for a particular purpose:
"I give to St. Louis Public Library Foundation, a nonprofit corporation currently located at 1415 Olive St., St. Louis, MO 63103, or its successor thereto, _________ [written amount]. This gift should be used for:
if and so long as St. Louis Public Library Foundation determines that the need exists. If St. Louis Public Library Foundation shall determine at the outset or at a later time that the need does not exist, or no longer exists or for some reason it is not possible (or prudent) to administer my gift as originally intended, then St. Louis Public Library Foundation may, in its sole and uncontrolled discretion, direct the use of my bequest for a purpose related as closely as possible to that stated above."
- Central Library (maintenance of facilities, systems, and grounds)
- Technology and Digital Access
- Youth Services
If you have named St. Louis Public Library Foundation in your will or trust, please let us know so we can ensure that your gift is used according to your wishes. Notifying us of your plans will enable us to plan for the use of your future gift. However, if you prefer to remain anonymous, we will keep your name and gift in strict confidence.
Please contact Elizabeth Reeves at 314-340-2403 or email@example.com for more information.