BEQUESTS

A popular type of charitable bequest is made by simply leaving a specified dollar amount to the Ridgewood Public Library Foundation in one's will or trust. For example, "I hereby give, devise and bequeath (insert exact dollar amount) to the Ridgewood Public Library Foundation." Another popular way to make a charitable bequest is to designate particular assets or property. For example, "I hereby give, devise and bequeath (identify the asset or property, such as my XYZ stock, my home, etc.) to the Ridgewood Public Library Foundation." A contingent charitable bequest can be made to the Ridgewood Public Library Foundation if an alternate beneficiary named in your trust or will, such as a particular friend or family member, were to be deceased. A bequest also can be expressed as a percentage of one's estate or residuary estate. A residuary bequest may augment a general or specific bequest to the beneficiary and can be either all, or a fractional portion of, one's entire estate after all other bequests and lawful debts, taxes and expenses have been paid. For example, "I hereby give, devise and bequeath (insert desired percentage such as 100%, 50%, 20%, etc.) of all the rest, residue and remainder of my estate to the Ridgewood Public Library Foundation."

BENEFICIARY DESIGNATIONS

You may also name the Ridgewood Public Library Foundation - as a beneficiary of any retirement account(s), such as an IRA, KEOGH, 401(k), 401(b), or other, savings, brokerage, annuity or retirement account. To designate the Ridgewood Public Library Foundation as a beneficiary of these types of accounts, simply request the appropriate beneficiary designation form from your employer, insurance company, bank or broker.

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If your employer offers a matching gift program, you may be able to increase the value of your gift. Please use the following information when confirming eligibility with your employer.

125 North Maple Avenue Ridgewood, NJ 07450

Phone:  201-670-5609

The Foundation is a non-profit 501c3 corporation.