Book Endowment donations are invested, and the interest is allocated each year for book purchases. A $250 donation will purchase one book per year, in perpetuity.
You can ensure that your annual giving goes on forever, even if your estate is limited.
For each $250 increment given to the Book Endowment Fund, the principal is invested and the interest is used to purchase a book, magazine or other collection item each year for Placentia Library. Each year, a Book Endowment Fund book plate with the donor’s name is placed in a new book.
Gifts to the Book Endowment Fund are reviewed on an annual basis in order to recognize donors who have crossed the cumulative $250 mark.
Named endowments begin at $10,000 and allow the donor the opportunity to sponsor a program or a designated section of the Library’s collection.
The Gordon & Dixie Shaw Endowment sponsors the Lapsit programs for children from birth through 3 years, along with their parents and caregivers.
Gifts of more than $50 that are undesignated will be used for the capital project currently being sponsored by the Placentia Library Friends Foundation, or it will be deposited in the Book Endowment Fund.
More ways to help
