Next Library Foundation meeting -- Wednesday, January 15, 5:30 p.m., Moorcroft
The Crook County Library Foundation is a 501(c)(3) nonprofit corporation dedicated to "encourage and administer donations, memorials and endowments for library buildings, programs and specific needs of the public libraries in Crook County."
Our Crook County libraries continue to be blessed by the generosity of our patrons and friends! This year we received donations for books/audiobooks, magazine subscriptions, and children’s programming.
The majority of the Foundation funds are earmarked for our individual libraries. The Foundation has no funds to cover basic expenses for its day-to-day operations (office supplies, fundraising expenses, federal tax return accountant). We are asking you to consider donating to the Foundation to help us cover these expenses.
Our endowment funds are required by law to be invested in perpetuity and only the investment income may be used. In order to protect those endowment funds from the vagaries of the stock market, the Foundation Board voted to require a "cushion" of 21 percent of the endowed funds be in place before any dispersal of endowment income. This is the first year we will be able to use the disbursement – it is earmarked for building projects, books, audio recording equipment, and programming.
Would you please consider making a contribution to the Crook County Library Foundation which is a 501 (c)(3) charitable organization? Your donation is tax deductible to the extent allowed by law.
Thank you for contributing to the future of our libraries!