Donation Information
Thank you for your interest in donating to our library! Please read below for more information about how to make both monetary contributions and materials donations to us.
Princeton Public Library welcomes gifts from individuals, corporations, foundations, and estates for general support of Library services and for specific programs and projects. The Library is a not-for-profit organization and gifts are tax deductible to the extent of the law. While the typical donation is an outright gift, a planned gift may allow you to create a legacy for your community while meeting your own financial and personal objectives. We recommend that you talk with your attorney or financial adviser about the best ways to benefit the Library with your generosity, while meeting your own financial goals.
Memorials and Tributes
Donations may be made to the Library for the purchase of materials and other items. In the case of a cash gift for the purpose of memorial, tribute, or other recognition, the donor has the option of selecting items to be purchased.
The general nature of the book, or its subject area, will be based on the interests of the deceased or the wishes of the donor, and the needs of the library. Should the donor indicate no preference for a specific use of the gift, the donation shall be used in a way and for whatever materials, equipment, or programs are deemed to be of greatest need for the Library.
How to Make a Monetary Donation
The Library welcomes monetary donations. Your donations to the Library, a non-profit organization, are tax-deductible. Proper documentation can be provided upon request. There are several options for making a monetary donation to the library. Check and credit/debit donations are accepted at the front desk of the library. You may send donations in the form of a check by mail to the following address:
Princeton Public Library
920 Mercer Street
Princeton, WV 24740
For your safety, cash and debit/credit donations are only accepted in person at the front desk of the library.
Donations of Books and Other Materials
The Friends of the Princeton Public Library collect books, DVDs, CDs, tapes and magazines to benefit the library. Some of these gifts are incorporated into the library’s collection, while others are sold in book sales to benefit the library.
The Library accepts hardbound and paperback books, CDs, DVDs, video and audio cassette tapes. Donations of computers and equipment are not accepted. All donations must be evaluated by a library staff member or designee during normal business hours. The library reserves the right to deny materials deemed unsuitable for the collection or sale due to age, condition, or other criteria. The library can accept up to 3 boxes of donations at a time. Non-fiction items prior to 2009 cannot be accepted. Potential donors are advised to consult the library about the suitability of materials before attempting to donate.
The Library reviews donated materials and adds suitable materials to the Library’s collection. Remaining books and materials may be sold to raise funds to support the Library. Unsold books may be donated to other area libraries and nonprofit organizations. All donations are received with the understanding that the Library reserves the right to dispose of any materials which do not qualify for inclusion into the Library’s collection.
The Princeton Public Library will issue a letter of receipt to persons making donations of books to the Library when the donor provides the library with a list of books donated and the donor’s estimate of fair market value. Under no circumstance will Princeton Public Library provide value assessment for any donated materials.
The following regulations, as quoted from Publication 561, Valuation of Donated Property – Internal Revenue Service, should be noted:
1. “For property other than cash, the amount of the deduction is the fair market value of the property” …
2. “For each gift of property other than cash for which you claim a deduction in excess of $200.00, you must attach the following required information.” (See Publication 561 for more information)
3. “Supporting the fair market value listed on a return is the taxpayer’s responsibility.”
4. The Library’s staff does not qualify as an expert appraiser in the used book field.