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Legacy Gifts
For each $250 increment given to the Book Endowment Fund, the principal is invested and the interest is used to purchase a book, magazine or other collection item each year for Placentia Library. Each year, a Book Endowment Fund book plate with the donor's name is placed in a new book. Gifts to the Book Endowment Fund are reviewed on an annual basis in order to recognize donors who have crossed the cumulative $250 mark. Named endowments begin at $10,000 and allow the donor the opportunity to sponsor a program or a designated section of the Library's collection. The Gordon & Dixie Shaw Endowment sponsors the Lapsit programs for children from birth through 3 years, along with their parents and caregivers. Gifts of more than $50 that are undesignated will be used for the capital project currently being sponsored by the Placentia Library Friends Foundation, or it will be deposited in the Book Endowment Fund. |

