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Donations and Planned Giving

Three ways to give:

1. Support Youth Programs

The best way to support youth programs or the purchase of children's books is to donate to the Friends of the Library, a 501(c)3 non-profit. Their primary mission is to raise funds for items and programs that are not included in the library's annual budget. They believe in the importance of supporting and enhancing our library for current and future readers. Learn about the Friends here.

To make a tax-deductible donation to the Friends, please send gifts to:

Friends of the Library
Attention: Sandy Bibace
Peterborough Town Library
2 Concord Street
Peterborough, NH 03458

2. Support the PTL Endowment, Adult Programs, and Expanded Services

The 1833 Society stewards funds in support of the PTL Endowment Trust Fund. This fund exists to plan for the needs of the future. The majority of the library trust funds were depleted to complete the beautiful 2021 renovation. Together with the Library Trustees, the 1833 Society is committed to building back this important fund to keep the library vibrant and supported into the future.

The 1833 Society also supports special programs and projects. Gifts made to the program fund will go directly towards expanding adult programs, continued education, and special services such as databases and online resources. Expanding these services is not possible with the operating budget alone and these gifts help library staff meet growing community needs.

To make a tax-deductible donation to the 1833 Society, please send gifts to:

1833 Society
Attention: Karen Peterson
Peterborough Town Library
2 Concord Street
Peterborough, NH 03458

For more information please contact Corinne Chronopoulos, Library Director, 603-924-8045 or email Corinne@PeterboroughNH.gov.

3. Planned Giving – Leaving a Legacy

Since the founding of the Peterborough Town Library in 1833, the library’s evolution and growth has been made possible by a public/private partnership. Bequests and other types of planned giving have strengthened the library’s endowment and financial stability so that important renovations, educational programs, upgrades to technology infrastructure, and our commitment to offering best-in-class public library services continue to be possible.

Why include the Peterborough Library Trustees in your will or estate planning?

Operations of the public library are supported by taxation. However, it is through a public/private partnership that the library building has been maintained and renovated since it was built in 1892. Technology infrastructure, upgrades to furniture, special educational programming, and investments in online resources are examples of areas where private funds have been pivotal in supporting the library’s mission. By including the Peterborough Town Library in your planned giving, you can support the library’s commitment to champion literacy and provide a community space where anyone can enter and find what they need to achieve their goals.

Who manages the PTL trust funds endowment?

Gifts to support the future of the Peterborough Town Library (PTL) are most effectively made to the Library Trustees. The PTL Trustees have the custody and management of our town’s public library, including employing a competent, qualified Library Director; approving funds for library operations and services; being familiar with State and local library laws; and writing and adopting policies concerning the library's objectives, operations, and materials selection. The Trustees are also responsible for all the Library Trust Funds.

How to make a Legacy/Planned Gift

There are several ways to make a planned gift to fulfill your charitable goals:

Make a Bequest

The most common way to include the Peterborough Town Library Trustees would be by adding a few simple sentences in your Last Will and Testament. An unrestricted gift ensures that Trustees today and tomorrow are able to use the funds where it is needed the most and where it can make the biggest impact. Simply ask your estate planning professional to add the following language to your will:

“I give to the Peterborough Town Library Trustees, Peterborough, NH, ____percentage of my estate (or the sum of $______) for its general uses and purposes.”

Retirement Plan Assets Beneficiary

Name the Peterborough Town Library Trustees as a beneficiary of your retirement plan.

Most retirement plan assets such as individual retirement accounts (IRAs) and 401(k) plans are subject to taxation when passed to heirs. Retirement plan assets are a great option for charitable gifts. All or a percentage of your retirement plan assets can be transferred to Peterborough Town Library Trustees free of all taxes. To name the PTL Trustees as a beneficiary, first consult with your financial advisor, then instruct the plan administrator of your decision, and complete a change of beneficiary form.

Life Insurance Beneficiary

Life insurance policies purchased early in family life are often no longer needed in later years. By naming the Peterborough Town Library Trustees as the beneficiary of all or a portion of the proceeds of a life insurance policy, you would benefit by either realizing an immediate income tax deduction or a reduction of your estate’s tax liability.

Stocks or Mutual Funds

If you have investments that have appreciated in value, you may want to consider gifting such assets to maximize your charitable gift and tax benefit.

Gifting investments that have appreciated in value allows you to deduct the fair market value of those securities as a charitable gift and you could avoid capital gains tax that would have resulted if you sold the investment. By donating the appreciated investment, you will receive more benefit than selling it and making a cash gift.

Donating stocks and securities is easy to do and can have a significant impact on ensuring the future of our library and supporting community access to knowledge for all citizens of Peterborough. To transfer gifts of appreciated securities to the Peterborough Town Library Trustees, the Trustees have brokerage account as a pass-through for your securities donation, which will be converted to cash which is transferred immediately to the Library Trustees. Talk to your broker or financial advisor about this and use the following information for stocks or mutual funds transfers:

Financial Institution: SEI Private Trust Co.

DTC #: 2663

Account #: (Client BHWM account number)

Account Name: (Client BHWM account name)

Charitable Gift Annuities

The benefits of creating a Charitable Gift Annuity with the Library as beneficiary include:

·       You will receive lifetime payments for you or a loved one.

·       You can take advantage of a charitable tax deduction.

Please contact your financial advisor for more information about setting up a Charitable Gift Annuity.

We encourage you to consult with your financial advisor, attorney, or other trusted professionals to know which planned giving option is right for you.

For more information about planned giving options to support the future of our Library, please contact Corinne Chronopoulos, Library Director, 603-924-8045 or email Corinne@PeterboroughNH.gov.

The Board of Library Trustees

Tina Kriebel, Chair

Karen Struthers, Treasurer

Laura Hanson, Secretary

Peggy Van Valkenburgh

Chris Mann

Eric McCall, alternate

Kristen Ramey, alternate

Diane Hanson, alternate

For more information, visit the Board page.

The Board of the Friends of the Library

Carol Boyle, Chair

Currently vacant, Vice-Chair

Sandy Bibace, Treasurer

Mary Clark, Secretary

Kathy Allen

Joan Butler

Martha Dahl

Ronnie McIntire

Ann Huberman

For more information, visit the Friends page.

The Board of the 1833 Society

Sue Martin, Chair

Karen Peterson, Treasurer

Tina Kriebel, Secretary

Ruth Bednarz

Linn Perkins, emeritus

For more information, visit the 1833 Society page.

PTL 2021 Renovation


Thank you to our supporters for their generosity! The Peterborough Town Library was renovated and restored in 2021 thanks to the wonderful contributions of over 900 donors! Read about our project history here.