Main Library

FDLPL Endowment Fund

Endowment Fund expenditures are targeted for special projects, programs and equipment that supplement or enhance – but not replace – regular municipal operating and capital improvement appropriations. To ensure continual growth, just a portion of the fund’s earnings will be spent each year. By state law, the volunteer members of the Fond du Lac Public Library Board of Directors have complete control over the endowment fund. The Endowment Fund is one of several Fond du Lac Area Foundation-administered funds that benefit the Fond du Lac Public Library

Donor wall: The library accepts donations of any amount. Donations of $2,000 and above are acknowledged with a “drawer” in the card-catalog donor display at the Main Library downtown. Each drawer section has room for two engraved plates:

• Large plate can accommodate three lines of text, with a maximum of 18 characters per line, including spaces
• Small inset “title” plate can accommodate one line of text with a maximum of nine characters (for example, 1925-2010)

Endowment Fund gifts accepted:

• Cash, securities or real property
• A bequest (in a will) to the Fond du Lac Public Library
• A gift of life insurance
• A charitable remainder or living trust from which you or another beneficiary may receive income during a defined period of time (or a lifetime) with a provision that the trust assets become the property of the library thereafter
• Tax benefits
• A gift to the endowment fund may provide substantial tax savings to the donor (please consult an attorney or accountant):
  • Savings in income taxes by current gifts of cash or property
  • Savings in inheritance and gift taxes by testamentary trusts or gifts of living trusts
  • Savings in capital gains tax when gifts of appreciated securities or other property are donated directly to the library

Specific use

• Donations to an endowment (the principal must remain intact and only the income may be spent) are accepted gladly.
• Undesignated gifts enable the Library Board to use the endowment funds in the manner most beneficial to current and long-term needs.

To donate to the endowment fund and for more information, contact library Director Jon Mark Bolthouse, (920) 322-3959.