Lakeview Branch Library Endowment Established

 

The Madison Public Library Foundation recently received a generous gift as one of the beneficiaries of an IRA distribution from Barbara D. Oreel, a long-time resident of Madison.  Barbara passed away in November 2006.  Mrs. Oreel is survived by her two daughters Shannon (of Madison) and Caroline (of Sedona, AZ).  Per her family’s request, this gift was used in part to establish an Endowment Fund for the Lakeview Branch Library. 

Mrs. Oreel had a true passion for Madison as well as helping others in need.   According to her daughter, Shannon, “My mother and father moved to Madison in the early 70’s from Chicago.  She loved the size and beauty of Madison. My mother was a very empathetic person. She grew up quite poor, and although she did not feel that was a disadvantage for her, she knew for many people that it could be.  She wanted to share her acquired wealth to help others in need.”

As Barbara Oreel was an avid reader, Madison Public Library Foundation was chosen as a recipient of these funds. “My mother often bought books, but also used the library plenty.  She knew how important books are, and wanted to share her love of books with others”.  Barbara Oreel was also a contributor to the Lakeview Branch Capital Campaign in 2002.
Gifts of cash and securities to the Madison Public Library Foundation, Inc.  help keep the Madison Public Library a beloved part of our community.  Gifts may be unrestricted and used for the highest priority needs of the Library, or may be restricted to use in specified programs, areas of service or a specific branch location.
An estate or endowment gift helps to ensure that the legacy of reading, learning and building community continues for future generations. An attorney or other estate planning professional can assist you in considering other planned giving vehicles.  For additional information contact us.