Overview
What is Library Foundation Of Buffalo & Erie County Inc?
Library Foundation of Buffalo & Erie County Inc is a nonprofit organization situated in Buffalo, New York, specifically at 1 Lafayette Square. Their primary mission is to support the Buffalo & Erie County Public Library by providing funds for library books, equipment, and staff. This backing ensures the library can continue to offer valuable resources to its community, fostering knowledge and learning opportunities for its patrons. The foundation's activities are dedicated to enhancing the library's operations and services, ultimately contributing to the educational and cultural growth of the community.
Official website here: www.buffalolib.org/library-foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The Library Foundation of Buffalo & Erie County Inc has achieved an impressive 97% score, reflecting its commitment to accountability and finance. This high rating is based solely on its strong performance in these areas, which is crucial for building trust with donors and stakeholders.
The organization boasts a fully independent board, with all 10 members meeting the criteria for independence, and a solid board size of five independent members. They have no material diversion of assets and excel in transparency, as evidenced by their detailed conflict of interest, whistleblower, and document retention policies.
With an outstanding program expense ratio of 97.94%, the Foundation effectively allocates its resources to support its mission. The lack of liabilities to assets further underscores its financial health, indicating a responsible management of funds and a solid foundation for future initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Library Foundation Of Buffalo & Erie County Inc legitimate?
Library Foundation Of Buffalo & Erie County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Library Foundation Of Buffalo & Erie County Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.buffalolib.org/library-foundation
What is the mission statement of Library Foundation Of Buffalo & Erie County Inc?
The Library Foundation of Buffalo & Erie County Inc is committed to supporting the Buffalo Library. Their primary objective is to facilitate the acquisition of library books and necessary equipment. Furthermore, they provide essential support to the library staff to ensure the smooth operation of the facility. By doing so, they aim to enhance the library's resources and services, ultimately benefiting the community. This non-profit organization plays a crucial role in enriching the literary experience for library patrons.
Official website here: www.buffalolib.org/library-foundation
Who is the CEO of Library Foundation Of Buffalo & Erie County Inc?
Jack Connors is the President of Library Foundation Of Buffalo & Erie County Inc.
Official website here: www.buffalolib.org/library-foundation
What is the revenue of Library Foundation Of Buffalo & Erie County Inc?
Library Foundation Of Buffalo & Erie County Inc's revenue in 2022 was $71,895.
Official website here: www.buffalolib.org/library-foundation
Who are the executives of Library Foundation Of Buffalo & Erie County Inc and what are their salaries?
Here are 4 key members and their salaries:
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Official website here: www.buffalolib.org/library-foundation
Where can I find the form 990 for Library Foundation Of Buffalo & Erie County Inc?
Library Foundation Of Buffalo & Erie County Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.buffalolib.org/library-foundation
Learn more at the official website: www.buffalolib.org/library-foundation
Mission Statement of Library Foundation Of Buffalo & Erie County Inc
The Library Foundation of Buffalo & Erie County Inc is dedicated to supporting the Buffalo Library in its endeavors. This nonprofit organization plays a crucial role in facilitating the procurement of library books, equipment, and providing essential support to the library's staff. By doing so, it contributes to enhancing the overall functionality and accessibility of the Buffalo & Erie County Public Library. In essence, the Library Foundation of Buffalo & Erie County Inc serves as a vital partner, aiding in the acquisition of necessary resources and ensuring the smooth operation of the library, thereby enriching the literary experiences of its patrons.
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Impact
August, 2024
The Library Foundation of Buffalo & Erie County Inc's impact lies in its crucial support for the Buffalo & Erie County Public Library. By funding the purchase of library books, equipment, and providing staff support, the foundation ensures that the community has access to valuable educational resources and services. Through its efforts, the foundation contributes to the enhancement of educational opportunities and literacy levels in Buffalo, NY.
This information is meant to be a general summary of Library Foundation Of Buffalo & Erie County Inc. 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 2022.
- Investment Income: $19,350
- Gross Receipts: $71,895
Assets and Liabilities:
- Total Assets: $3,073,345
- Total Liabilities: $0
- Net Assets: $3,073,345
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Organization Details
Founding Year
1994
Phone
(716) 858-8050Principal Officer
Jack Connors
Main Address
1 LAFAYETTE SQUARE, BUFFALO, NY, 14203
NTEE Category
Code: B70Z - Education
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