Hershey Library Endowment Trust

The Hershey Library Endowment Trust was established in 1985 for the benefit of Hershey Public Library to be used in perpetuity for service enhancements and building improvements.

Donate to the Endowment Trust

The Endowment can accept or arrange gifts such as:

  • Credit Card
  • Cash
  • Appreciated securities, bonds, or closely held stock
  • Wills/Bequests
  • Life Insurance
  • Charitable Gift Annuities
  • Charitable Remainder Trusts
  • Other estate plans recommended by your attorney or financial advisor

For questions regarding gifts to the Endowment Trust:

Contact the Library Director, Alison Jacobine, at 717-533-6555 ext. 3715 or ajacobine@derrytownship.org

Before making a gift, consult with your financial advisor or attorney about tax implications and gifts, investments, and estate plans that can maximize the benefits of the contribution.

A $5,000 gift or more is named on a lobby plaque. We can work with donors who are interested in other types of gifts.

Why Donate?

There are many tax advantages, including income, gift and estate charitable tax deductions. For example, it may be possible to avoid capital gains taxes when you donate actual stock instead of the cash from a stock sale, or your will bequest can be deductible from the taxable portion of your estate.

In addition, donors who set up gift annuities or similar funds can actually receive income from their investment while benefiting the Library at the same time.

In each case, your gift will make a long-term contribution to a valuable community resource.

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The Endowment is a fund that was created in 1985.

Friends of the Hershey Public Library acted as settlor to the Agreement of Trust, establishing the Endowment. They continue in their role by annually appointing the Endowment Trustees and overseeing the actions of the board. 

Endowment Governance

The trust is managed by an Endowment Board of Trustees, appointed by the Board of the Friends of the Hershey Public Library in accordance with the Endowment’s Agreement of Trust. The Endowment funds are managed by a professional investment firm, Bryn Mawr Trust Company.

Hershey Library Endowment Trust Board 2024

Appointed Positions

Darby Valego (Chair)

Bruce Hancock (Vice Chair)

Janette Murray (Treasurer)

Thomas Fowlston

Peter Gawron

Mark F. Mariano

Kathy Miller

Jordan Yeagley

Ann Zaprazny

Standing Positions

Alison Jacobine, Director of Library Services

Geoffrey Crout, President Hershey Public Library Board of Directors

Caroline Schwalm, President of Friends of the Library

Chris Abruzzo, Supervisor, Township of Derry

Bryn Mawr Trust Officers: (Non-voting)

Andy Keefer

Jesse Ashcroft

(Updated January 2024)

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