Support Your Libraries
The Benefits of Membership
Members of the Library Association receive a subscription to the Annual Support Report, which lists supporters and volunteers. It also features news about development, fundraisers, book sales, Second Edition Resale, and more. Members are also eligible to serve on the Association’s Board of Directors.
Ways to Support Your Community Libraries
As a 501(c)(3) nonprofit, your Cedar Mill and Bethany Community Libraries Association relies on direct support from members like you to fund library services not covered by county funding and not available through a city government. There are many ways to support the libraries. Thank you for making a positive impact on your community!
- Give a One-Time Donation
- Make a Tribute or Memorial Gift
- Join a Monthly Supporting Donor Club
- Contribute to a Wish List or Sponsor a Program
- Donate Stock or Appreciated Securities
- Explore Planned Giving
- Participate in Workplace Giving and Employer Gift Matching
Wish List
- Replace three old chairs at Cedar Mill Library – $4,500
- Small Tables for seating area at Cedar Mill Library – $3,000
- MacBook for library marketing – $1,000
Want to learn more? Contact Library Development today!
CMLdevelopment@wccls.org | (503) 644-0043 x121
Mailing address: CMCLA, ATTN: Development, 1080 NW Saltzman Road, Portland, Oregon 97229
Program Sponsorship
Support from individuals, foundations, and local businesses is essential to the success of library programs. Sponsorship opportunities for the Summer Reading Challenge include financial support for the purchase of give-away books and prizes. Sponsor names are listed in program marketing media.
Gift of Stock or Appreciated Securities
How it works:
- You transfer appreciated stocks, bonds, or mutual fund shares you have owned for more than one year to CMCLA.
- CMCLA sells your securities and uses the proceeds to provide library services or holds on to the securities to sell later.
Benefits:
- You receive an immediate income tax deduction for the fair market value of the securities on the date of transfer (even if you originally paid much less for them).
- You pay no capital gains tax on the transfer when the stock is sold.
- Giving appreciated stock can be more beneficial than giving cash. The “cost” of your gift is often less than the deduction you gain by making it.
Please provide this information to your investment advisor when making a written request to transfer securities as a donation to Cedar Mill Community Library Association of Washington County. Please notify CMCLA’s Development Department of gifts so that we may properly credit the donor and acknowledge the gift:
Brokerage Firm: Charles Schwab
DTC number: 0164 code 40
FBO Cedar Mill Community Library Association
Account # 5763-6499
Planned Giving
Beneficiary Designation:
When naming CMCLA as a beneficiary of your retirement plan, IRA, life insurance policy, charitable trust or charitable gift annuity, please use the following information on your beneficiary designation form:
Cedar Mill Community Library Association of Washington County
1080 NW Saltzman RD Portland, OR 97229
Federal Tax I.D. Number: 23-7438072
Gifts from Your Will or Trust
How it works:
- Include a bequest to Cedar Mill Community Library Association of Washington County (find sample below).
- Make your bequest unrestricted or direct it to a specific program or department.
- Indicate a specific amount or a percentage of the balance remaining in your estate or trust.
Benefits:
- Your assets remain in your control during your lifetime.
- You can modify your gift to address changing circumstances.
- You can direct your gift to a particular purpose (be sure to check with us to make sure your gift can be used as intended).
A well planned gift communicates your legacy; it tells a story of what you hold as most important and valuable in your life and community. Leaving a gift to the CMCLA through your will or trust is an easy and impactful way to benefit your community libraries.
Sample gift language for your will or revocable living trust
The sample language provided below illustrates how a bequest can be accomplished, and is intended to be used for educational purposes rather than as legal advice. We encourage donors to share this information with their legal counsel.
“For general or undesignated support of CMCLA:
I give ____% of my estate,
OR
The sum of $_____,
OR
the real property described on the deed as ___________________________,
OR
the personal property described as ___________________________________,
OR
All the rest, residue, and remainder of my estate,
OR
_______% of the rest, residue, and remainder of my estate to Cedar Mill Community Library Association of Washington County, located in unincorporated Washington County, Oregon.”
Gifts from Your IRA or Retirement Asset
How it works:
Make donations to CMCLA directly from your traditional IRA during your lifetime.
Benefits:
- Qualified Charitable Distributions may count toward your Required Minimum Distribution, be tax-free and even lower your Adjusted Gross Income.
- Continue to take regular lifetime withdrawals.
- Maintain flexibility to change beneficiaries if your family’s needs change during your lifetime.
- Your heirs avoid the potential double taxation on the assets left in your retirement account.
How to:
- Name Cedar Mill Community Library Association of Washington County as a beneficiary of your IRA, 401(K), or other qualified retirement plan.
- Pass the balance of your retirement assets to Cedar Mill Community Library Association of Washington County by contacting your plan administrator.
- Let us know about your gift. Your plan administrator is not obligated to notify us.
Frequently Asked Questions
How do I arrange a gift from my retirement plan?
Contact your IRA or retirement plan administrator and request a copy of the Change Beneficiary Form. You can fill this in as you wish and include CMCLA for a portion or all of the remainder of your plan’s assets.
What are the tax implications of a gift of retirement plan assets?
When you designate CMCLA as the beneficiary for all or part of your qualified retirement plan assets, those assets pass to the library association free of tax. However, when these assets are passed to your heirs (other than your surviving spouse), they are subject to federal income tax and may also be subject to federal estate tax (depending upon the value of your estate) as well as various state income, inheritance and estate taxes. Under the SECURE act, most non-spousal beneficiaries will be required to withdraw all “inherited” retirement plan funds within a 10-year period. For many, this will make the tax consequences even greater. Because retirement plan assets are typically the most highly taxed assets when you pass on, they are the ideal choice for charitable gifts, designating other assets to your heirs.
Gift of Life Insurance
How it works:
- Contact your insurance company to complete or update your beneficiary designations or POD (Pay on Death) form.
- Designate CMCLA to receive all or a percentage of your life insurance policy proceeds.
- You may also transfer ownership of a paid-up life insurance policy to CMCLA.
Benefits:
- Make a gift that you and your family no longer need.
- Receive an income tax deduction for the donation of a paid-up life insurance policy and estate tax savings after you pass.
Gifts of a Checking or Savings Account
Listing your loved ones and/or CMCLA on your account POD (Payable on Death) form notifies your bank that CMCLA is to receive any funds remaining in your account upon your passing. The POD keeps your account from becoming part of your estate, which may have to be administered by the probate system in your state.
How it works:
- Contact your bank to complete or update your POD (Payable on Death) form for your checking and/or savings accounts.
- Designate CMCLA to receive the remaining account balance after your passing.
Benefits:
- You maintain control and use of the account balance during your lifetime.
- Receive a charitable deduction which will reduce any estate or inheritance taxes.
- CMCLA receives the balance of the accounts to use according to your wishes.
Workplace Giving & Employer Matching
Giving through your employer is easy and may be matched by your company.
Each year, members like you donate more than $10,000 to your libraries through their workplaces. Employers match their employees’ gifts making the impact even greater!
Ask your Human Resources representative at work about donating to Cedar Mill and Bethany Libraries through your workplace and employer gift matching today!
Is your employer on the list? Check the alphabetical lists below!
A-F (click to expand)
A
3Com Corporation
AARP
Abbott Laboratories
ACE INA
Acumed
Adidas
ADP Inc., Corporate Contributions Committee
Adobe Systems
The AES Corporation
Aetna
AgriSense
AIG
Akzo Nobel
Alaska Tanker Company
Albertson’s, Inc.
Ally
Aldrich Kilbride & Tatone LLP
AllianceBernstein
Allstate Insurance Company
Altria Group, Inc.
American Express Co.
American Honda Motor Co., Inc.
AMSTED Industries
Analog Devices, Inc.
Anthro Corporation
Aon Corporation
Apple
Applied Materials
ARAG North America, Inc.
Archer-Daniels-Midland
Arch Mortgage Insurance Co.
Argonaut Group, Inc.
Arkema, Inc.
Associated Chemists, Inc.
AT & T, Inc.
Autodesk, Inc.
Automatic Data Processing, Inc.
Avon Products
AXA Financial
B
BD
Bank of America
Bank of the West
Barclays Global Investors
Baxter International, Inc.
BCD Travel
Becker Capital Management, Inc.
Bemis Co., Inc.
Benjamin Moore & Co.
Black & Decker Corp.
Blount International
BNSF Railway
Boeing Company
Boston Financial Data Services
BP
Bressie Electric
Bristol-Myers Squibb Foundation
Brooks Resources Corp.
Burlington Northern Santa Fe Co.
Butler Manufacturing Co.
C
Cabot Microelectronics
Cadence Design Systems, Inc.
Calpine
Cambia Health Solutions
Campbell Group, LLC
Capital Group Companies
Cardinal Health
Carnegie Foundation
Caterpillar, Inc.
Charles Schwab and Company, Inc
Chevron Corporation
Chevron USA
Chubb and Sons, Inc.
CIGNA Corporation
Circuit City Stores, Inc.
Climax Portable Machine Tools, Inc.
CNA Insurance
Coates Kokes
Coca-Cola Company
Coinstar
Columbia Sportswear Company
The Commerce Bank of Oregon
Consumer Cellular
Consonus Healthcare
Cooper Industries
Corning, Inc.
Costco
Countrywide
Covidien
Creekside Medical, PS
Crown Pacific Inland Sales
CSX Corporation
D
Davidson Companies
Deacon
Deerfield Institute
Dell
Deluxe Corporation
Deutsche Bank Americas
The Doctors Company
Daimler Trucks North America
Dow AgroSciences, LLC
Dow Corning Corp.
DST Systems, Inc.
Duke Energy
E
Ease Software, Inc.
Eaton Corporation
eBay
Ecolab, Inc.
Edison International
Elephant’s Eye Antiques
Eli Lilly and Company
Equifax, Inc.
ExxonMobil
F
Federated Department Stores
FEI Company
FIJI Water
First Data Corporation
First Horizon National Corporation
First Independent Bank
First Tech Federal Credit Union
FLIR Systems, Inc.
FM Global
FMC Technologies, Inc.
Franklin Templeton Investments
Freedom Forum
Freddie Mac
G-O (click to expand)
G
Gannett Company, Inc.
Gap, Inc
Garth Rouse & Associates
Gartner Group
GATX Corporation
GE
Geico
Genentech
General Mills, Inc.
Genesee & Wyoming, Inc.
The Gillette Company
Gladys & Rolland Harriman Foundation
GlaxoSmithKline
Goodrich Corporation
W.W. Grainger, Inc.
Gramco Construction
Great-West Life & Annuity Insurance Company
H
Hallock Modey, Inc.
Hanna Andersson
Hewlett-Packard Co.
H.J. Heinz Company
Hoffman Corporation
The Home Depot
Homestead Capital
Hood River Distillers
Houghton Mifflin Co.
HSBC-North America
Huron Consulting Services LLC
I
IBM Corporation
Illinois Tool Works, Inc.
ING
Ink Systems, Inc.
Insurance Services Office, Inc.
Integrated Device Technology, Inc.
Intel
Intuit Inc.
J
Jensen Investment Management, Inc
John Hancock Life Insurance Company
Johnson & Johnson Family of Companies
Johnson Controls, Inc.
Jones Lang LaSalle
J.P. Morgan Chase & Co.
K
Kaplan, Inc.
Kaiser Permanente
Keen
Kennedy/Jenks Consultants
Key Knife, Inc.
KeyBank
Kimberly-Clark Corporation
Kinder Morgan
KLA-Tencor
Kraft Foods
L
Laika
Lam Research Corporation
Land O’Lakes
LandAmerica
Levi Strauss & Co.
Liberty Mutual *
Lincoln Financial Group
Logitech Inc.
Lowepro
Lubrizol
Lucent Technologies
M
Mac Publishing LLC
Macy’s, Inc.
Mallinckrodt, Inc.
Management Compensation Group/Dulworth, Inc.
Manulife Financial
Maritz, Inc.
Marquis Companies
Massachusetts Mutual Life Insurance Co.
Maytag Corporation
Mazda (North America), Inc.
MBank
M Benefit Solutions
McAfee, Inc.
McDonald’s Corp.
McGraw-Hill Companies
Mead Johnson Nutrition
Medical Consultants Network Inc.
Mentor Graphics Corp.
Mercer Delta
Merck & Company, Inc.
Merit Oil Corporation
Merrill Lynch & Co., Inc.
M Financial Group
M.J. Murdock Charitable Trust
Microsoft Corporation
Milgard Co.
Millipore Corporation
Minerals Technologies, Inc.
Minnesota Life Insurance Company
Mitsubishi International Corporation
Mobil Retirees
Moda Health *
Monsanto Company
Monsoon, Inc
Morgan Stanley
Motorola Foundation
N
National Computer Systems
National Instruments
NCR Corporation
NetlQ Corporation
Nike Inc.
North Pacific Group, Inc.
Northern Trust, Co.
Novellus Systems, Inc.
Nvidia
NW Natural
O
Ondeo Nalco
OVS/RP
Olin Corporation
Oracle Corporation
Oregon Mutual and Western Protectors Insurance Companies
Owens-Illinois, Inc.
P-Z (click to expand)
P
Paccess
Pacific Continental Bank
Pacific Power
PacifiCorp
Palm Foundation
Paramount Farms
PBS Engineering + Environmental
The Pepsi Bottling Group
PepsiCo
Pella Corporation
Penn Virginia Corporation
Performance Health Technology
Pew Charitable Trusts
Pfizer, Inc.
Pitney Bowes, Inc.
Plum Creek Timber Company, Inc.
PNC Financial Services Group
Polycom, Inc.
POM Wonderful
Portfolio 21 Investments
Portland General Electric
PPG Industries, Inc.
Precision Castparts Corp
Professional Benefit Services
Progressive Insurance
Prudential Insurance Company of America
Q
Qualcomm, Inc.
Quest Diagnostics, Inc.
R
Radian Guaranty, Inc.
Radio Shack
Random Lengths
RedCastle Resources, Inc.
Regence BlueCross BlueShield of Oregon *
RBC Wealth Management, Inc.
REI (Recreational Equipment Co.)
Rejuvenation, Inc.
Rockwell Collins
Roll International Corporation
Roseburg Forest Products
Ruby Receptionists
S
Saint-Gobain Corp.
St. Paul Travelers
Sara Lee Corporation
SBC Foundation
Schneider Electric
S.D. Deacon Corporation
Sedgwick, Inc.
Sempra Energy
Sentry Insurance
Shaklee Corporation
Siemens
Silicon Valley Bank
Sony Corporation of America
Spiegel, Inc.
SP Newsprint Co.
Sprint
The Standard
Stanley Works
Starbucks
The Statesman Journal
Stockamp/Huron Consulting Services LLC
Stream International, Inc.
Subaru of America, Inc.
Sun Microsystems, Inc.
Sussman Shank LLP
Suterra
Sutro
Swiss Re
Symantec
Symetra Financial
Synopsys Inc.
Synthetech, Inc.
T
TE Connectivity
Tektronix, Inc.
Teleflora
TENNANT
Texas Instruments, Inc.
Textron, Inc.
Thomson Reuters
Thrivent Financial for Lutherans
Tidewater Barge Lines
Timber Press, Inc.
Time Warner, Inc.
Toro Company
TransCanada Corporation
Travelers
TriplePoint, Inc.
Tyco International, Ltd.
U
UBS
Unilever United States, Inc.
Union Bank of California
Union Pacific Corp.
Unisource
United Grain Corp.
United Parcel Service
United Technologies Corporation
UNUM Corporation
U.S. Bancorp
U.S. Borax, Inc.
U.S. Cellular
USG Corporation
V
Varian Semiconductor Equipment
Vernier Software & Technology
Verizon Corporation
Via Training, LLC
VMware
VTech Communications, Inc.
W
Wachovia
Waters Corporation
Welch Allyn Inc.
Wells Fargo
West Coast Bancorp
Webtrends
Western Communications, Inc.
Wieden + Kennedy
William and Flora Hewlett Foundation
Williams Company
WorkSource, Inc.
Y
Yahoo
Thank you for supporting your Library!
