Overview
What is Reading Public Library Foundation?
The Reading Public Library Foundation is a nonprofit organization based in Reading, Pennsylvania, specifically at 100 South Fifth Street. Its primary objective is to support and enhance the operations of the Reading Public Library, a resource for the general public. To achieve this, the foundation acquires and maintains property, makes contributions, grants, gifts, and transfers of both real and personal property to the library. This includes funding for the library's capital and operational expenditures. The foundation's activities are geared towards sustaining, increasing, and extending the library's operations, involving the acquisition of property, the collection and disbursement of funds, and administrative functions. Overall, the Reading Public Library Foundation serves as a vital partner in promoting and strengthening the Reading Public Library for the benefit of the community.
Is Reading Public Library Foundation legitimate?
Reading Public Library Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reading Public Library Foundation 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.
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What is the mission statement of Reading Public Library Foundation?
The Reading Public Library Foundation's mission is centered around supporting the operations of the Reading Public Library. Their primary goal is to sustain and expand the library's services, which cater to the general public. To achieve this, they engage in various activities, including the acquisition of property, managing funds, and performing administrative tasks. These actions are designed to enhance the library's operations and benefit its users. The foundation also contributes funds, makes property transfers, and pays for capital and operational expenditures of the library.
Who is the CEO of Reading Public Library Foundation?
Alan Carman is the President of Reading Public Library Foundation.
What is the revenue of Reading Public Library Foundation?
Reading Public Library Foundation's revenue in 2022 was $563,906.
Who are the executives of Reading Public Library Foundation and what are their salaries?
There 8 volunteers at Reading Public Library Foundation.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Reading Public Library Foundation?
Reading Public Library Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Reading Public Library Foundation
The Reading Public Library Foundation, a nonprofit organization, is committed to sustaining, increasing, and extending the operations of the Reading Public Library. To achieve this goal, the foundation carries out corporate activities that include the acquisition of property, the collection and disbursement of funds, and administrative functions. These activities are designed to best promote the library's purpose, which serves the general public. The foundation also acquires and maintains property for the expansion and benefit of the library, making contributions, grants, gifts, and transfers of property to or for the library's benefit. These transactions may include payments for the library's capital and operational expenses. In essence, the Reading Public Library Foundation supports the library's growth and continuity by providing financial resources and property necessities.
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Impact
October, 2024
The Reading Public Library Foundation significantly enhances the operations and capabilities of the Reading Public Library in Pennsylvania. By acquiring and maintaining properties, the Foundation supports the library's growth and services offered to the community. It plays a crucial role in ensuring that the library can extend its reach, improve its facilities, and expand its resource offerings.
In addition to property acquisition, the Foundation is instrumental in collecting and disbursing funds that are vital for both capital and operational expenses. Through contributions, grants, and gifts, it bolsters the library’s financial stability, allowing it to serve the public effectively. This support enables the library to engage in a variety of programs and initiatives that foster education, literacy, and community engagement.
The Foundation’s activities are essential not only for the immediate needs of the library but also for its long-term sustainability, ensuring that it remains a valuable resource for the general public. By prioritizing these objectives, the Reading Public Library Foundation profoundly impacts the community, enhancing access to information, education, and cultural enrichment.
This information is meant to be a general summary of Reading Public Library Foundation. 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: $92,984
- Gross Receipts: $574,178
Assets and Liabilities:
- Total Assets: $726,253
- Total Liabilities: $20,606
- Net Assets: $705,647
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Organization Details
Founding Year
1997
Phone
(610) 655-6365Principal Officer
Alan Carman
Main Address
100 SOUTH FIFTH STREET, READING, PA, 19602
NTEE Category
Code: T30I - Philanthropy
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