Overview
What is Kilgore Memorial Library Foundation?
The Kilgore Memorial Library Foundation is a nonprofit organization that aids the library by acquiring larger contributions, such as real estate, to establish an endowment. This endowment is then utilized to distribute funds in accordance with the wishes of the donors. The foundation's endeavors also encompass supporting the activities of the library's friends group and enhancing the overall quality and sustainability of the Kilgore Memorial Library.
Is Kilgore Memorial Library Foundation legitimate?
Kilgore Memorial Library Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kilgore Memorial 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.
Heare are some key statistics you may want to consider:
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What is the mission statement of Kilgore Memorial Library Foundation?
The Kilgore Memorial Library Foundation's mission is to support the library by acquiring larger gifts, including real estate, to establish an endowment. They then distribute these funds according to the donors' wishes. In addition, the foundation supports the activities of the library's friends group and works towards enhancing and maintaining the Kilgore Memorial Library.
Who is the CEO of Kilgore Memorial Library Foundation?
Stephen Postier is the President of Kilgore Memorial Library Foundation.
What is the revenue of Kilgore Memorial Library Foundation?
Kilgore Memorial Library Foundation's revenue in 2022 was $58,133.
Who are the executives of Kilgore Memorial Library Foundation and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Kilgore Memorial Library Foundation?
Kilgore Memorial Library Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kilgore Memorial Library Foundation
The Kilgore Memorial Library Foundation plays a crucial role in supporting the local library by receiving larger gifts, including real property, with the objective of building an endowment. This endowment serves as a source of ongoing financial support, enabling the foundation to disperse funds in accordance with the donors' bequests. By doing so, the Kilgore Memorial Library Foundation contributes significantly to the library's resources and capabilities, ensuring its continued growth and success.
In addition to building the endowment, the Kilgore Memorial Library Foundation also supports the activities of the library's friends group. This involvement enhances the library's community outreach and engagement efforts, fostering a stronger connection between the library and its patrons. Furthermore, the foundation works to improve and sustain the Kilgore Memorial Library, ensuring that it remains a valuable resource for the community.
In summary, the mission of the Kilgore Memorial Library Foundation is to support the local library by receiving larger gifts and building an endowment, enabling it to disperse funds in accordance with donors' bequests. By also supporting the library's friends group and improving the library itself, the foundation plays a vital role in sustaining and enhancing the library's capabilities and community engagement.
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Impact
October, 2024
Kilgore Memorial Library Foundation significantly enhances the resources and services available at the Kilgore Memorial Library in York, Nebraska. By securing larger gifts and real property, the Foundation builds an endowment that provides sustainable financial support for the library's future. This ensures that essential programs and services can be expanded and improved over time.
The Foundation also plays a vital role in facilitating donations in accordance with the wishes of its benefactors, ensuring that contributions are utilized effectively and in ways that honor donors' intentions. By supporting the activities of the Friends of the Library, the Foundation fosters community engagement and encourages a culture of reading and learning.
Overall, Kilgore Memorial Library Foundation’s efforts lead to a vibrant library that serves as a crucial resource for education, cultural enrichment, and community connection in York.
This information is meant to be a general summary of Kilgore Memorial 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: $19,943
- Gross Receipts: $58,133
Assets and Liabilities:
- Total Assets: $1,299,882
- Total Liabilities: $0
- Net Assets: $1,299,882
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Organization Details
Founding Year
1982
Phone
(402) 363-2600Principal Officer
Stephen Postier
Main Address
100 EAST 4TH STREET, YORK, NE, 68467
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