Pinney Society Launched
In May, Madison Public Library Foundation announced its largest bequest to date, $3.4 million from the estate of the late Helen Rupp. This transformational gift gives cause to celebrate! (In a future issue we look forward to highlighting the life and societal contributions of Mrs. Rupp.) This generous gift gives the Foundation an outstanding opportunity to announce the formation of the Pinney Society, a group that will recognize and honor those who have chosen to make planned gifts to the Madison Public Library Foundation. Mayor Silas Pinney was credited with the founding of Madison’s first library in 1875, which was originally housed in City Hall.
Planned gifts come in many shapes and sizes, and are often the best way for someone who loves the library to make a significant contribution. Some planned gifts are quite simple, like leaving estate proceeds in a will, or even making a stock gift during your lifetime. Other gifts take a bit more planning and expertise, like a charitable gift annuity or a gift of life insurance. The Foundation staff is here to help, and while we cannot provide tax or legal advice, we can work with you, your family, and your professional advisors to make your wishes come to life.
Planned gifts help the libraries in a variety of ways. They enhance educational programs, build collections, support staff, improve facilities, and invest in the endowment to insure the future livelihood of our libraries. A planned gift can help you make a long-term difference in Madison’s libraries, so let us know of your intention to make a planned gift and become a founding member of the Pinney Society.