Rushville Republican

News

April 20, 2013

Library campaign off to good start

RUSHVILLE — Rushville Public Library, 130 W. Third Street, recently launched a fundraising campaign designed to generate monies needed to repair and renovate the existing building and to construct an addition to it.

The effort, titled “It’s Overdue, Renew,” officially kicked off last weekend.

“It’s Overdue, Renew” sets the bar high. The 3-year campaign has a goal of raising $5 million for Phase I, which includes needed renovations to the existing structure and the construction of a three-story 20,734 square feet addition.

Phase I covers the work described but would leave some “unfinished” areas that could be addressed as part of Phase II, which will be undertaken if $7 million can be raised.

“We’re off to a good start to have just started,” head librarian Sue Otte said. “We’ve had dozens of wonderful gifts that just continue to pour in. So far we have approximately $30,000 in gifts and pledges. We still have a long way to go, but we’re going to keep doing what we have to do to get this done.”

It’s worth noting that the renovation and addition will all be paid for with gifted funds from the private sector.

With that in mind, all residents of Rushville and Rush County, as well as former residents, are being asked to consider making a donation to “It’s Overdue, Renew.”

There are three primary approaches to doing so.

1. Long-term Subscriptions

These are pledges payable over the three years of the fundraising campaign. Gifts can be made in monthly, quarterly, semi-annual or annual installments at the donor’s discretion. A 10 percent initial investment toward the total pledge is encouraged.

2. Non-cash Gifts

Non-cash or “in kind” gifts are an alternative to the aforementioned method. Donors may wish to donate gifts such as labor and materials; gifts of securities such as stocks and bonds; or even personal property such as artwork, jewelry or antiques.

3. Deferred Gifts

These gifts are arranged now but won’t be received until a later date. This would include will bequests, gifts of life insurance policies or annuities and gifts in trust.

There also are several gift opportunities that give the donor the chance to designate their gift to any aspect of the building initiative. These gifts could be dedicated in honor or memory of whatever the donor chooses.

These opportunities range from the new expansion wing ($1 million) and the renovated main building ($500,000) on the high end to employee offices ($2,500) and individual computer work stations ($1,500) on the low end.

“No matter the size or type of gift, the Rushville Public Library needs the help of the community and pledges to use all donations to make the facility into the great community center that it should be, providing a family-friendly environment where all ages can come together to imagine and explore,” a news release on “It’s Overdue, Renew” reads.

At present, Otte is hopeful gifts and pledges continue to come in and thankful the project is off to a good start.

“I’d like to thank those who came to visit us last weekend and to let others know they’re welcome here any time. I’d also like to thank the many members of the fundraising committee for all of their help as well as members of the library board who helped and attended,” she said.

Questions about the ongoing fundraising effort may be directed to Otte at 765-932-3496.

Contact: Kevin L. Green @ 765.932.2222 x107

 

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