Support Your Library
The Otsego County Library is a
vital community resource. Now more than ever, area residents are
turning to the Library for access to computers and training,
educational childrenís programming, research assistance, statewide
collections and other critical services. In recent years, the
Library has experienced growth in usage while funding levels have
not kept pace, making it difficult to maintain the levels of service
that earned us the State Librarianís Award of Excellence.
Current economic conditions present many challenges, but with your
help our community library can continue the programs and services
that impact the lives of area residents of all ages. The State of
Michigan recognizes the importance of its libraries by providing
special tax incentives for charitable contributions made directly to
a public library or to a Library Fund in a community foundation.
WAYS TO GIVE
A direct gift to the Otsego
County Library qualifies for a tax credit on your Michigan
income taxes as a Public Contribution Credit on Schedule 2, Line 2
in the year in which the contribution was made.
Checks should be made out to the
Otsego County Library and mailed to 700 S. Otsego Avenue, Gaylord,
MasterCard, Visa, Discover and
AmericanExpress card donations can be accepted through a government
payment service at:
Our location code is 5934.
A $3.50 minimum or 3.5% processing fee will be added.
The Library Fund under the
Otsego County Community Foundation
(OCCF) was established to help ensure that Library
customers have access to services now and into the future. As a
501(c)(3) entity, the
OCCF acts as the steward of
endowed contributions to the Library, preserving the original gift
and using only the interest earned each year for support of library
services and programs. Donations to endowment funds qualify for a
Community Foundation Credit on Schedule 2, Line 3. For more
information on how to contribute to the libraryís endowed fund,
here to visit the Otsego County Community Fund
Married donors, who file jointly, can
receive a 50 percent tax credit of up to $200 on a gift of $400;
a single person can receive a $100 tax credit on a gift of $200.
All contributions are eligible for the federal charitable
Michigan businesses have the potential to
receive up to a $5,000 tax credit (not to exceed 5% of total
Single Business Tax) on a gift of $10,000.
© 2010, Otsego
Last updated 12/08/10