Donate to the Library

Please read our Donation Policy

To donate books, cash, or physical items please visit the library in person. You can also get more information about donating to the library by calling 434-946-9488.

 

Beneficiary designations

Your retirement plans, life insurance policies, and annuities can be used to create a lasting impact on community. To include the Library, contact your retirement plan administrator or life insurance company and complete their beneficiary designation form. 

 

Qualified charitable distributions

If you are 70 ½ or older you may be able to donate up to $100,000 directly from your IRA without income tax implications.

 

Bequests

A bequest is a simple way to provide for the Library’s future and to save on estate taxes.

 

  • Specific Bequest:
    A specific bequest is a gift of a particular dollar amount or property.

    For example: I bequeath (dollar amount or description of personal property) to the Amherst County Public Library, 382 South Main Street, Amherst, VA 24521

 

  • Contingent Bequest:
    A contingent bequest is a gift which takes effect only if the primary beneficiary or beneficiaries of the bequest should predecease you.

    For example: If neither my spouse nor any descendant of mine survives me, then I give, bequeath and devise all the rest, residue and remainder of (property or account) to Amherst County Public Library, 382 South Main Street, Amherst, VA 24521

 

  • Residuary Bequest:
    The most common and simple to designate, a residuary bequest is a gift of all or part of the property remaining in your estate after debts, expenses and specific bequests have been paid.  You control what percentage of your estate is given to an individual or charity. This method automatically adjusts the size of your bequest according to the value of your estate. In the event of unexpected changes in your estate value, you can have peace of mind that your intentions will be fulfilled without the estate running out of assets to distribute.

    For example: I bequeath (___%) of the rest, residue and remainder of my property, both real and personal, to Amherst County Public Library, 382 South Main Street, Amherst, VA 24521

 

Information for the Attorney Drafting Your Bequest

Library Full Legal Name: Amherst County Public Library

Legal address: 382 South Main Street, Amherst, VA 24521

Federal Tax Identification Number (TIN):  54-001115

Consult with your attorney or other advisors to make sure that the gift you choose makes sense as part of your overall estate plan.