The Future Society

Endowment is forever

The Future Society recognizes donors who have made planned gifts to the Elyria Public Library Foundation through a will, trust, life income agreement, or other deferred or current giving arrangement. These unique persons have shown their commitment to the work and future of the Library and, by their membership in the Future Society, will be remembered in perpetuity for their support.

Ways of Giving

Donors may become members of The Future Society in many ways.

  • Bequest through your will
  • gift through a trust
  • life income arrangement
  • beneficiary of a pension plan
  • beneficiary of an insurance policy
  • beneficiary of a Certificate of Deposit
  • current gift of cash or securities (a minimum of $5,000)
  • Please ask for assistance or a discussion of other gifts, if needed.

    We respect your right to confidentiality. Please contact the Elyria Public Library Foundation to set up a confidential meeting at your convenience. Kathy Allan Smith, Development Director, EPLFoundation@outlook.com or 440/567-6549.

    Remembering the Elyria Public Library Foundation in Your Will

    There are several ways to remember the Elyria Public Library Foundation in your will. Using the type of language in the following examples can ensure that your gift will be made as you wish.

    Once all specific bequests have been listed in your will, you may leave the remainder of your estate:

    “I give, devise and bequeath to the Elyria Public Library Foundation all (or %) of the rest, residue and remainder of my estate as an unrestricted gift” (or “to be used for [name of specific Endowment Fund added here”].

    A general or specific bequest allows a specific piece of property (stocks, bonds, real estate), an amount of money, or a percentage of your estate to be given:

    “I give, devise and bequeath to the Elyria Public Library Foundation the sum of $___ (or describe the real or personal property) as an unrestricted gift” (or “to be used for [name of specific Endowment Fund added here”].

    You may also wish to consider a contingent bequest, which is a distribution from your estate, if, and only if, one or more of your named beneficiaries does not survive you:

    “I give the residue of my estate to my brother (John). If my brother (John) does not survive me, I give the residue of my estate to the Elyria Public Library Foundation as an unrestricted gift” (or “to be used for [name of specific Endowment Fund added here”].

    [The language proposed on this web site is for informational purposes only and not for the purpose of providing legal advice. Please contact your attorney and/or estate planning professionals.]