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Create a Legacy

Make a lasting impact on literacy, life-long learning, and community connections for everyone by including the Redwood City Library Foundation (RCLF) in your will, living trust, or beneficiary designations.

CREATE A LEGACY

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📚 A gift in your will, living trust, or beneficiary designations requires no immediate donation.

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📚 We welcome gifts in any amount.

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📚 You can change your mind at any time.

 

We would be happy to discuss your questions about legacy gifts. Please contact Lisa Hicks-Dumanske, RCLF Executive Director, at rclf-ed@redwoodcity.org or 650-780-7045. 

 

We encourage you to consult a tax, financial, or legal advisor prior to establishing a legacy gift. The Redwood City Library Foundation is a nonprofit 501(c)(3) organization qualified to receive tax-deductible contributions, Tax ID #94-3293215.

 

If you have already included the Foundation in your plan, please let us know so that we can thank you and update our records. 

 

Ways To Give

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A Gift in Your Will or Living Trust

  • You can leave a small percentage of your estate – even 1% can make a real difference!

  • You can leave a defined sum to the Redwood City Library Foundation.

  • You can leave a percentage of funds left over after other gifts and debts are paid and your loved ones are provided for.

  • You can make a secondary or contingent gift that comes to the Redwood City Library Foundation only if your other beneficiaries do not survive you or other specific gifts cannot be fulfilled.

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Potential Wording

We suggest this simple language for your will, codicil to your will, or your living trust:

“I hereby give and bequeath <description of gift> to the Redwood City Library Foundation, a not-for-profit, tax-exempt organization incorporated under the laws of the State of California, with Tax ID #94-3293215, for the Foundation’s general support.”

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A Gift by Beneficiary Designation

You can name the Redwood City Library Foundation as a partial or total beneficiary of your retirement accounts, life insurance plan, donor-advised fund (DAF), and other financial accounts, including your bank and brokerage accounts.

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You can designate all or a percentage of the funds in your account, and you can name the Redwood City Library Foundation as a primary beneficiary or a second-in-line beneficiary. 

 

Simple Steps to Make Your Gift

  1. Contact your retirement plan administrator, insurance company, bank, or financial institution for a change-of-beneficiary form. You may be able to request or download your form from your online account portal.

  2. Be sure to include RCLF’s Tax ID number, 94-3293215.

  3. Please let us know. Some financial institutions will not notify us that we are a beneficiary; sharing your wishes now helps ensure your gift will be distributed as you wish. 

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How To Give

To create a will or living trust, you can use a lawyer or online services such as FreeWill, Nolo, LegalZoom, Trust & Will, and Rocket Lawyer.

 

You can set up a donor-advised fund (DAF) with an organization such as Silicon Valley Community Foundation, Vanguard Charitable, Fidelity Charitable, or Schwab Charitable. 

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