Gifts and Donations
Gift Information for Prospective Donors
Laredo College Libraries actively seeks and welcomes gifts of books and other library materials or money to support the programs of Laredo College.
Donors should be aware that all gifts are accepted with the understanding that upon receipt they become property of Laredo College and, as such, Laredo College Libraries reserves the right to determine retention, location, cataloging treatment, and other considerations relating to use or disposition.
The appraisal of a gift to the library for income tax purposes is the responsibility of the donor since it is the donor, not the library, who benefits from the tax deduction. To protect both its donors and itself, the library, as an interested party, must not appraise gifts made to it. The library will provide assistance as to sources of information for evaluation purposes and will suggest appropriate professional appraisers who might be consulted. Because of tax considerations, donors may wish to discuss prospective donations and appraisals with their attorneys. If an itemized list of items is required, it should be prepared by the donor before presenting the gift to the library. Appropriate acknowledgment of all gifts is made by the library, and for permanent identification of the gift, the donor’s name appears on the book plate of each volume added. This is especially well suited to memorial gifts and endowments.
Gifts of money should be sent to the Office of the President of Laredo College. Questions on gifts should be directed to the Director of Library Services, Harold R. Yeary Library, West End Washington St., Laredo, TX 78040. Telephone 956-721-5845.