Overview
What is Friends And Foundation Of The Rochester Public Library?
Friends And Foundation Of The Rochester Public Library is a nonprofit organization located at 115 South Avenue, Rochester, New York. Their primary mission is to raise funds and provide financial support for the Central Library of Rochester and Monroe County, and the Rochester Public Library as a whole. They achieve this goal by conducting annual fundraising campaigns, securing grants from various sources, generating earnings from a permanent endowment fund, receiving gifts through wills and trusts, and selling library-related items through the Library Store. The funds raised are utilized to enhance library programs, support capital improvements, maintain facilities, and procure necessary professional resources, services, and staff. The organization also collaborates with other public libraries and library support groups in Monroe County, acting as a source of information and guidance when required.
Official website here: www.ffrpl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Friends And Foundation Of The Rochester Public Library has achieved a perfect score of 100%, reflecting strong accountability and financial health. This rating is significant as it demonstrates the organization's commitment to transparency and responsible management of resources, which is crucial for building trust with donors and the community it serves.
The nonprofit boasts a fully independent board, consisting of 21 members, and has no reported material diversions of assets. Their financial practices are backed by thorough audits, and they maintain robust policies for conflict of interest, whistleblowing, and document retention. Furthermore, the organization effectively allocates 70.30% of its expenses directly to programs, showcasing a strong focus on its mission rather than administrative costs.
A highlight of their financial efficiency is the notably low fundraising cost of only $0.03 to raise a dollar, indicating that they maximize funds for their initiatives. Additionally, their working capital ratio of 19.41 years suggests excellent financial stability and sustainability. Overall, the Friends And Foundation Of The Rochester Public Library demonstrates exceptional performance and dedication to serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Friends And Foundation Of The Rochester Public Library legitimate?
Friends And Foundation Of The Rochester Public Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends And Foundation Of The Rochester Public Library submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $108,647
Professional Fundraising Fees: $0
Other Salaries and Wages: $217,822
For more financial information, click here
Official website here: www.ffrpl.org
What is the mission statement of Friends And Foundation Of The Rochester Public Library?
The Friends and Foundation of the Rochester Public Library is a not-for-profit organization dedicated to supporting the Central Library and the Rochester Public Library. Their mission is to raise funds and provide programming to enhance library facilities and services in the 21st century. The primary objectives of the foundation include securing private and public funds to sustain the library's financial stability, promoting top-tier library services for the community, and fostering broad public support for the library's programs.
Official website here: www.ffrpl.org
Who is the CEO of Friends And Foundation Of The Rochester Public Library?
Donna Borgus is the Director of Friends And Foundation Of The Rochester Public Library.
Official website here: www.ffrpl.org
What is the revenue of Friends And Foundation Of The Rochester Public Library?
Friends And Foundation Of The Rochester Public Library's revenue in 2023 was $3,440,482.
Official website here: www.ffrpl.org
Who are the executives of Friends And Foundation Of The Rochester Public Library and what are their salaries?
The average compensation at Friends And Foundation Of The Rochester Public Library during 2023 was $40,809. There are 8 employees and 40 volunteers at Friends And Foundation Of The Rochester Public Library.
Here are 22 key members and their salaries:
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Official website here: www.ffrpl.org
Where can I find the form 990 for Friends And Foundation Of The Rochester Public Library?
Friends And Foundation Of The Rochester Public Library's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ffrpl.org
Learn more at the official website: www.ffrpl.org
Mission Statement of Friends And Foundation Of The Rochester Public Library
The Friends and Foundation of the Rochester Public Library is a not-for-profit organization with a mission to raise funds and provide programming for the Central Library of Rochester and Monroe County, as well as the Rochester Public Library. Their primary goals include ensuring the library's financial security, enabling a high level of library service to the community in the 21st century, and building broad public support for the library's programs. The Foundation aims to achieve these goals by raising private and public funds, with the ultimate goal of enhancing the library's capabilities and services for the benefit of the community.
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Impact
October, 2024
Friends and Foundation of the Rochester Public Library significantly enhances the library’s ability to serve the community by supplementing government funding with diverse financial support. Their ongoing fundraising efforts include an annual campaign, special grants from various sources, and income from a permanent endowment fund. These contributions enable the expansion of library programs, the support of capital improvements, and the maintenance of library facilities.
This organization plays a crucial role in ensuring that the library can offer essential resources, professional services, and a well-trained staff, all of which are vital for meeting the evolving needs of the community. By collaborating with other public libraries and support groups in Monroe County, they foster a network of shared resources and knowledge. This coordination not only strengthens local libraries but also enhances literacy and educational opportunities throughout the region.
The Friends and Foundation actively works to cultivate public support for library programs, helping to ensure that these vital community resources remain robust and accessible. Their commitment directly contributes to the library's mission of providing high-quality service and enriching the cultural and educational fabric of Rochester and its surrounding areas.
This information is meant to be a general summary of Friends And Foundation Of The Rochester Public Library. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $562,462
- Gross Receipts: $7,015,823
Assets and Liabilities:
- Total Assets: $27,148,847
- Total Liabilities: $211,114
- Net Assets: $26,937,733
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Organization Details
Founding Year
1989
Phone
(585) 428-8321Principal Officer
Donna Borgus
Main Address
115 South Avenue, Rochester, NY, 14604
Website
www.ffrpl.orgNTEE Category
Code: B71I - Education
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