Sustaining Your Library for the Future

The Greensboro Free Library has been supported by generations of community members who believed in the importance of free access to knowledge, connection, and shared public space. Long term support helps ensure the library can continue serving the community well into the future.

Planned and long range gifts are one way to strengthen the library’s financial stability over time. These contributions help support the library’s mission while allowing flexibility to respond to changing needs.

Why Consider a Legacy Gift

A legacy gift helps strengthen the library beyond the present moment. It supports long term stability, allows the library to adapt as needs change, and ensures that programs, collections, and shared space remain available for years to come.

These gifts work alongside town funding, grants, and annual donations. They are not about replacing current support, but about protecting the library’s future.

Simple Ways to Get Started

There are several ways to include the library in long term planning. Some options are surprisingly easy.

  • Naming the Library as a Beneficiary

One of the simplest options is to name the Greensboro Free Library as a beneficiary of an IRA or 401k. This can often be done by completing a short form through your financial institution and does not require changes to a will.

This option allows flexibility and can be updated at any time.

  • Including the Library in a Will or Estate Plan

Another option is to include the library in your will or estate plan. This may involve leaving a specific amount, a percentage of an estate, or other planned support. Your attorney or financial advisor can help guide this process.

How Your Gift Can Be Used

Legacy gifts can be directed in a way that aligns with your intentions.

  • Unrestricted Support
    Allows the Board of Trustees to apply funds where they are most needed, supporting programs, collections, staffing, or building care as priorities evolve.

  • Endowment Support
    Contributes to long term financial stability by strengthening the library’s endowment, thereby augmenting longterm income and supporting the library across generations.

  • Designated Funds
    Support a specific category or area of interest, such as programs, collections, or facilities, as available.

If you are unsure which option is the best fit, we are happy to talk it through with you.

A Thoughtful, Lasting Impact

Choosing to support the library in this way reflects a belief in shared access, learning, and community care. It helps ensure that the library remains a welcoming and reliable resource for people of all ages.

Learn More

If you would like to explore legacy giving options or discuss what might work best for you, please contact:

Becky Arnold
beckyparnold@gmail.com

You are also welcome to contact the library directly. Conversations are informal and confidential.

Legacy Giving FAQs

  • No. Exploring legacy giving does not require an immediate commitment. Many people start with a conversation, gather information, and take time to consider what feels right.

  • No. Legacy gifts of all sizes are meaningful and appreciated. What matters most is the intention to support the library’s future.

  • Yes. Most legacy giving options can be updated or changed if circumstances or priorities shift over time.

  • Yes. All legacy gifts are overseen by the Board of Trustees and managed in alignment with the library’s mission, values, and stewardship responsibilities.

  • Yes. If you prefer, your legacy gift can be kept confidential.

  • You are welcome to reach out to Becky Arnold or the Library Director, or to speak with your attorney or financial advisor. Conversations with the library are informal and confidential, and meant to help you understand your options.

  • In many cases, you may be asked for the library’s legal name and contact information. Some financial institutions may also request tax identification information, which the library can provide upon request. If you’re working with an attorney or financial advisor, they can help guide you through what is needed.

    Library staff are happy to answer questions or provide information to support the process.