Its principal activity is building a multi-million dollar Endowment for the Library. The purpose is to provide a perpetual source of income to be used primarily for major long-term Library needs. Many people like the feeling that comes from knowing their gift will generate income forever for a valuable institution. The Library is such a treasure, and you can help to endow it through the Second Century Fund. Furthermore, you can, if you wish, make your endowment gift as a memorial to honor family or friends.
Endowment is for everyone.
Here are some ways you can help the Endowment grow. Will can save estate taxes. Gifts of highly appreciated stock can avoid capital gains taxes, while providing significant tax deductions. Life Income gifts can generate high income for you and your spouse from low-yielding securities. Charitable Remainder Trusts can benefit your children or grandchildren while still providing you tax benefits.