Since the establishment of 1800, the Library of Congress has been receiving a large number of gifts, often unique collections-manuscripts, books, movies, recordings, photos, printed matter, maps and various forms of music scores, in addition to donated funds. Fund donors allow the National Assembly Hall to increase the collection of books, hold special exhibitions and academic discussions for future generations, and make them public to the whole country through TV programs, special publications and the Internet. By 1987, when James Billington was the curator, the development office was established. Prior to this, private donations were less than $6.5438+0 million, and since 654.38+0.987, private donations have exceeded $250 million. These gifts have greatly changed the Library of Congress: private donations have supported the National Digital Library program, making the collection open to the public through the website of the National Pavilion, and there are 7.5 million digital documents and audio-visual materials about American history on the Internet. Private gifts support the National Pavilion to shoot films for tourists to show; Some19th century children's books and propaganda guides specially collected by national guildhall were reprinted.

Billington also established the first national private sector advisory group in the history of the Library of Congress-james madison Committee, whose members are all people from commercial organizations and have the spirit of public spirit. They are determined to help the Library of Congress to benefit the country in terms of education, science, technology and cultural resources. The Committee is the product of curator Billington's efforts to expand the collection, education and international competitiveness of the National Library. In 2000, on the occasion of the bicentennial of the National Pavilion, John Kruger, Chairman of Madison Committee, donated the largest sum in the history of the National Pavilion: 60 million US dollars-to establish a humanities research center and an award mechanism for senior scholars in the pavilion. The Committee is a private sector paid group interested in the sense of mission of the National Assembly. The minimum annual fee is $65,438+05,000. Members of the Committee also contributed their own views and experiences to the library project, attended the meetings of the National Assembly Hall, and accepted the publications of the National Assembly Hall, books and personnel consultations.

Private philanthropy is one of the most valuable traditions in America. There are different reasons for donating money to the National Pavilion-to commemorate your lover and support an activity. Regardless of the motivation, the donor and his donation will benefit the family and the institution receiving the donation. Donation types include: unreserved donation: donors can specify the use of funds, carry out academic activities, hold concerts, publish special publications, hold exhibitions, carry out educational research, researcher funds, etc. Legacy: Donating to the library according to the wishes of the donors is the mainstream of the library donation fund. The legatee put forward their demands for the use of money before his death, and these hopes can only be realized after his death. The library is willing to provide reference when making a will, so that its charitable will is consistent with the needs of the library. Charitable inheritance of trust assets: this kind of trust allows donors to transfer property-usually cash and bonds. Trust is similar to bank custody, and the custody period can be several years or life. The trustee invests in assets and returns them to the donor every year. After the death of the custodian, the custody assets shall be transferred to the warehouse and used according to the purpose determined at the time of custody. There are two ways to deal with charitable inheritance of trust assets, one is called annuity trust, which provides fixed returns every year; The other is called unit trust, which provides different returns every year according to the value of trust assets. As a gift, charitable inheritance trust assets can turn non-profit property into profitable property without paying capital gains tax, which not only increases your current income, but also reduces the tax when the library accepts assets in the future, because they are donations. Charitable direct trust assets: There are two ways of this kind of trust, one is that the transferor directly trusts assets, and the other is that the non-transferor directly trusts assets. The former allows the transferor of assets to transfer cash or bonds to a trustee similar to the bank trust department. The trust term is generally 20 years, and the trust will invest in the trust assets and hand over the annual income to the Library of Congress to support a plan or innovative activities. When the trusteeship ended, the donation to the library stopped, and the principal of the trusteeship-including the accumulated property-was returned to its owner. Non-grantor trust assets are assets transferred to family members or other designated beneficiaries at the end of entrustment. As a planned gift, charitable direct trust assets allow income that is not needed at present (such as investment income that is not needed during work). But it needs to be used later (for example, after retirement) to support the library cause. Matching donation plan: When you make some contributions to the library, your owner, the board of directors, the company or organization you serve will make the same or even double, triple or quadruple donations.