Many giving opportunities exist to ensure that high quality library and cultural arts programs and services remain available in Carlsbad. The Carlsbad Library and Arts Foundation continues to support the Carlsbad City Library Learning Center through a major community-wide fundraising effort. Your tax-deductible gift to the Carlsbad Library and Arts Foundation will have enduring impact. The positive effects of your gift will make a difference every day, building skills, changing lives, helping Carlsbad succeed. Major gifts are recognized on the donor wall in the Learning Center. Please make your philanthropic investment in the Carlsbad City Library Learning Center today.For information about all of the Foundation's fundraising efforts or to discuss your specific giving interests, please call: (760) 651-2523.
Please make checks payable to: Carlsbad Library and Arts Foundation
Donors who have made significant contributions to the Capital Campaign and have provided support for library and cultural arts programs are permanently recognized on the Donor Recognition Monitor at the entrance to the Dove Library. Names will be placed in alphabetical order at one of the following giving levels and the specific dollar amount will not be noted.
President's Circle $1 Million and above
Director's Circle$300,000 - 999,999
Benefactor$100,000 - 299,999
Patron$50,000 - 99,999
Sponsor$10,000 - 49,999
Friend$5,000 - 9,999
The donor program for the Carlsbad City Library and Arts Foundation (CLAF) will use the following guidelines, in coordination with the CLAF Investment Policy Statement.
GIFT ACCEPTANCE:Acceptance of all gifts must be approved by the Executive Board.CLAF retains the right to decline gifts that are not in keeping with its mission or that are not in its best interest to accept. Gifts of closely held stock and unimproved real estate cannot be accepted.Gifts of stock, gifts of real estate and gifts in any amount that are restricted by the donor must be approved and accepted by the Board of Trustees.All pledge agreements must be reviewed and approved by the Executive Board and signed by the Board President.
Gifts already received by or pledged prior to adoption of this policy will be included in totals.Outright gifts in the form of cash, improved real estate and marketable securities will be credited at face value on the day the gift leaves the donor's control.Pledges to be fulfilled within three years or fewer that are documented by written agreements signed by both donor and the CLAF Board President will be credited at the full amount pledged. Bequests will be credited at the amount received.Future (revocable) bequest commitments from donors will be acknowledged and, if properly documented, will be credited and reported in a separate gift expectancy total. Irrevocable deferred gifts, if properly documented, will be credited at full current values. Gifts awarded by companies to match gifts of their employees will be acknowledged to both company and employee, and will be recognized as part of the individual employee's gift, unless the company requests separate recognition. Gifts-in-kind will be recognized in a separate gifts-in-kind list without amounts. Exceptions may be made for construction services and materials. According to IRS requirements, donors must provide qualified appraisals of personal property and real estate gifts of $5,000 or more.Unless a specific agreement is reached between the donor and the CLAF Board, every gift of stock will be sold at an appropriate time under advisement of investment advisor. The generosity of donors will be recognized according to the donor appreciation plan. All donors will receive prompt documentation of their gift for tax purposes, plus acknowledgement related to the gift level. Endowment Gifts.
Endowment funds will be managed in accordance with the CLAF Investment Policy Statement.
Approved by CLAF Board
CLAF wouldn't be where it is today without its dedicated board and community support. As a local nonprofit, donations are an important part of our success. Show your support by giving to CLAF today.