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Give: Planned Giving
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Opportunities to Give


Planned giving establishes a legacy for future generations of library users.


Bequests, through a will or living trust, enable you to help OLA in the future, while retaining your assets today. Bequests can be a specific dollar amount, a percentage of your estate or the balance of your estate after providing for your family or loved ones. A bequest reduces estate tax liability by removing those assets.

Charitable Remainder Trusts

The charitable remainder unitrust and the charitable remainder annuity trust are two life income planned gift options that allow you to make a gift to OLA and receive income from that gift for you or a designee for the rest of your life or for a set number of years while also receiving a current income tax deduction for the gift. A charitable remainder trust can be established when the donor irrevocably transfers cash, securities, or real estate to fund the trust. With the transfer of appreciated securities or real estate, the donor not only receives the charitable gift deduction, but also avoids capital gains tax. Under termination of the trust, the remaining principal in the trust is directed to OLA.

Life Insurance

A gift of life insurance can be a very affordable method of giving a significant gift. Purchasing a policy naming OLA as the owner and beneficiary, you can receive a charitable gift deduction for each premium payment. A paid up policy that may no longer be needed can also be contributed, allowing a donor to receive a charitable gift deduction approximately equal to the cast surrender vale of the policy.

Retained Life Estate

A gift of your home or farm can be made without giving up the use of your property during your lifetime. You may also provide for your spouse or loved one to live there upon your death. You can obtain a charitable income tax deduction based on the value of the property and your age. Property taxes and insurance remain the donor's responsibility.

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Oklahoma Library Association
P.O. Box 6550, Edmond, OK 73083 | Phone: (405) 525-5100 | Fax: (405) 525-5103 | Email:

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