Overview
What is Rochester Public Library Foundation?
The Rochester Public Library Foundation is a small nonprofit organization, with just two employees, situated in Rochester, Minnesota. Its primary objective is to raise private funds for educational and informational resources and projects for the Rochester Public Library. This effort aims to complement, rather than substitute, the importance of robust public funding. The foundation also strives to educate the community about the library's crucial role in addressing the community's needs. These funds support various projects that contribute to the library's mission, ultimately enhancing its ability to serve the community effectively.
Official website here: www.rochesterpubliclibraryfoundation.org
Is Rochester Public Library Foundation legitimate?
Rochester Public Library Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rochester 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $49,088
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,351
For more financial information, click here
Official website here: www.rochesterpubliclibraryfoundation.org
What is the mission statement of Rochester Public Library Foundation?
The Rochester Public Library Foundation's mission is to gather private funds for educational and informational resources and projects. This is done in a way that does not undermine the importance of robust public funding for libraries. Additionally, the foundation works to inform the community about the library's crucial role in addressing the community's needs. Grants and related expenses, supporting the Rochester, Minnesota public library, are a significant part of their activities.
Official website here: www.rochesterpubliclibraryfoundation.org
What is the revenue of Rochester Public Library Foundation?
Rochester Public Library Foundation's revenue in 2023 was $277,350.
Official website here: www.rochesterpubliclibraryfoundation.org
Who are the executives of Rochester Public Library Foundation and what are their salaries?
The average compensation at Rochester Public Library Foundation during 2023 was $42,720. There are 2 employees at Rochester Public Library Foundation.
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Official website here: www.rochesterpubliclibraryfoundation.org
Where can I find the form 990 for Rochester Public Library Foundation?
Rochester Public Library Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rochesterpubliclibraryfoundation.org
Learn more at the official website: www.rochesterpubliclibraryfoundation.org
Mission Statement of Rochester Public Library Foundation
The Rochester Public Library Foundation's mission revolves around raising private funds for educational and informational resources and projects. This is done in a way that does not undermine the importance of robust public funding. The primary objective is to highlight the library's crucial role in addressing the community's needs. Beyond fundraising, the foundation also seeks to educate the community about the library's significant impact. Grants and related expenses form a significant portion of their activities, contributing to the Rochester Minnesota Public Library.
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Impact
October, 2024
The Rochester Public Library Foundation significantly enhances the educational and informational resources available at the Rochester Public Library. By raising private funds, the Foundation supports various projects and initiatives that enrich the library’s offerings, all while emphasizing the importance of robust public funding. Through its efforts, the Foundation not only provides essential grants and resources but also fosters community awareness about the library's crucial role in addressing local needs. This partnership between private support and public service amplifies the library's impact on the community, ensuring that essential services and programs continue to thrive in Rochester, Minnesota.
This information is meant to be a general summary of Rochester 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 2023.
- Investment Income: $105,494
- Gross Receipts: $283,656
Assets and Liabilities:
- Total Assets: $3,551,845
- Total Liabilities: $0
- Net Assets: $3,551,845
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Organization Details
Founding Year
1996
Principal Officer
Joanne Rosener
NTEE Category
Code: T99 - Philanthropy
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