Support us
Peabody Institute Library’s history is firmly rooted in the legacy of giving
In 1852, George Peabody gifted a $20,000 commitment to the citizens of Peabody for the creation of a library with two stipulations: it be free to everyone and that it have a lyceum.
The Main Library, which opened in 1854, is the oldest public library in the United States to operate continuously from the same location and is listed on the National Register of Historic Places.
The PIL Foundation is dedicated to continuing the legacy of giving that has been at the heart of the Library’s history. Join us in supporting our mission and help us make a difference in the lives of the residents of Peabody that George Peabody may never have imagined!
Giving Options
Your gift can be structured in several different ways. You may want to honor the memory of a loved friend or relative, celebrate the life of a newborn, honor the accomplishments of a friend, or make an annual donation. Funds may be named or established anonymously.
The Peabody Institute Library Foundation is a 501(c) 3 charitable organization. Your donation is fully tax-deductible.
All proceeds support the Peabody Institute Library’s lectures and concerts for adults, children’s programming, the Creativity Lab makerspace, conservation of the Library’s Audubon Prints, and space improvements to better deliver free programming and services at the Library.
Cash
The Peabody Institute Library Foundation Board of Directors appreciates your gift in any amount.
Your contribution will be used to purchase materials, support special projects or provide programming in general subject areas at your discretion.
Endowed funds
Endowed funds may be established with your gift of $5,000 or more. The donor may name the fund and establish the purpose for which it is created. Each capital addition to the fund increases its value. The expendable portion of the fund is the interest earned, in effect creating a permanent fund in honor of your designee or for a specific purpose.
Endowed gifts may be restricted to certain activities or purchases, but please consider an unrestricted gift that can be used to accomplish goals of the Foundation in support of the mission of the Peabody Institute Library.
Planned Giving
Please consider the Peabody Institute Library Foundation as you prepare your estate plan. Your attorney or financial planner can assist you in structuring your gift for maximum tax benefit.