Overview
What is The Library Foundation For The Benefit Of St Louis Public Library?
The Library Foundation for the Benefit of St. Louis Public Library is a dedicated nonprofit organization based in Saint Louis, Missouri. Their primary mission involves soliciting, receiving, and managing funds to support and enhance the resources and services offered by the St. Louis Public Library. The foundation engages in various activities to promote the library, including publishing a monthly e-newsletter, utilizing social media, online, print, and radio advertising, and hosting events to raise funds and awareness. In the fiscal year 2022, they organized events for Friends of the Library and a fundraiser to bolster technology equipment, services, and programming at the library. As of September 30, 2022, the foundation had received gifts from 1,228 businesses, foundations, and individual donors. The managed funds were used to support library programs, projects, and collections. Overall, the Library Foundation plays a crucial role in strengthening the St. Louis Public Library's mission and fostering community support for its programs and services.
Official website here: www.slplfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Library Foundation for the Benefit of St. Louis Public Library demonstrates exceptional accountability and financial health, achieving a 96% score, which reflects a strong commitment to transparency and responsible management of resources. This rating is particularly significant as it indicates that the foundation operates at a high standard, ensuring that donations are utilized effectively to support library programs and services.
The organization boasts a fully independent board, with all 23 members contributing to governance, further enhancing its credibility. Additionally, it exhibits robust practices, including a well-defined conflict of interest policy and a whistleblower policy, which foster a culture of integrity and accountability. The foundation also maintains a solid financial structure, evidenced by a favorable liabilities-to-assets ratio and a high percentage of program expenses relative to total expenses.
While the foundation's rating highlights its strengths in financial accountability, the metrics do not address the specific impacts of its programs or the effectiveness of its outreach efforts. Nonetheless, the organization appears to be well-managed and capable of fulfilling its mission to enhance and support the St. Louis Public Library.
This AI summary has been generated from information found on Charity Navigator.
Is The Library Foundation For The Benefit Of St Louis Public Library legitimate?
The Library Foundation For The Benefit Of St Louis Public Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Library Foundation For The Benefit Of St Louis 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.
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For more financial information, click here
Official website here: www.slplfoundation.org
What is the mission statement of The Library Foundation For The Benefit Of St Louis Public Library?
The Library Foundation for the Benefit of St. Louis Public Library's mission is centered around supporting and benefiting the St. Louis Public Library. This is accomplished through soliciting, receiving, and managing funds for the library's benefit. The foundation engages in activities that draw public attention to the library's programs and services, emphasizing the importance of private philanthropic support. The foundation staff act as community advocates, establishing partnerships to further the library's mission and build community support for its programs and services. In addition to managing an annual fund, the library foundation also manages invested funds used to support library programs, projects, and collections. The foundation hosts events to engage with donors and promote library initiatives, such as technology equipment and services. They also promote the library through various communication channels, including a newsletter, social media, and advertising.
Official website here: www.slplfoundation.org
Who is the CEO of The Library Foundation For The Benefit Of St Louis Public Library?
Jim Slattery is the Chair of The Library Foundation For The Benefit Of St Louis Public Library.
Official website here: www.slplfoundation.org
What is the revenue of The Library Foundation For The Benefit Of St Louis Public Library?
The Library Foundation For The Benefit Of St Louis Public Library's revenue in 2022 was $840,356.
Official website here: www.slplfoundation.org
Who are the executives of The Library Foundation For The Benefit Of St Louis Public Library and what are their salaries?
There 75 volunteers at The Library Foundation For The Benefit Of St Louis Public Library.
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Official website here: www.slplfoundation.org
Where can I find the form 990 for The Library Foundation For The Benefit Of St Louis Public Library?
The Library Foundation For The Benefit Of St Louis Public Library's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.slplfoundation.org
Learn more at the official website: www.slplfoundation.org
Mission Statement of The Library Foundation For The Benefit Of St Louis Public Library
The Library Foundation for the Benefit of St. Louis Public Library is an organization that actively supports and benefits the St. Louis Public Library through soliciting, receiving, and holding gifts for the library's benefit. Their mission is multifaceted, involving drawing public attention to the library's programs and services, as well as advocating for private, philanthropic support. The foundation's staff serves as community advocates, establishing partnerships to further the library's mission and build community support for its programs and services.
To accomplish this mission, the foundation manages an annual fund, receiving contributions from businesses, foundations, and individual donors. As of September 30, 2022, the annual fund had gifts from 1,228 contributors. In addition to managing the annual fund, the library foundation also manages invested funds used to support the library's programs, projects, and collections.
Furthermore, the foundation promotes the St. Louis Public Library through various means, such as a monthly e-newsletter, social media posts, and online, print, and radio advertising. They also organize events to raise funds and awareness for the library, such as stewardship events for Friends of the Library and a fundraising event to support technology equipment, services, and programming at the library.
In summary, The Library Foundation for the Benefit of St. Louis Public Library is a vital organization that supports the library through fundraising, community advocacy, and promotion. They work to ensure that the library has the resources it needs to provide high-quality programs and services to the community.
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Impact
July, 2024
The Library Foundation For The Benefit Of St Louis Public Library plays a significant role in supporting and enhancing the offerings of the St. Louis Public Library. Through its activities such as managing an annual fund, organizing stewardship events, and promoting the library through various channels, the Foundation actively engages the community and solicits support to bolster the library's programs and services. By securing gifts from businesses, foundations, and individual donors, the Foundation helps to provide resources for technology equipment, services, and programming at the library. Additionally, the Foundation fosters partnerships and advocates for the library's mission, ultimately building community support for its initiatives. In essence, The Library Foundation For The Benefit Of St Louis Public Library plays a vital role in advancing education and access to resources through its support of the St. Louis Public Library.
This information is meant to be a general summary of The Library Foundation For The Benefit Of St Louis 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 2022.
- Investment Income: $201,094
- Gross Receipts: $2,071,403
Assets and Liabilities:
- Total Assets: $7,940,910
- Total Liabilities: $945,474
- Net Assets: $6,995,436
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Organization Details
Founding Year
1989
Phone
(314) 241-2288Principal Officer
Jim Slattery
Main Address
1415 OLIVE STREET, SAINT LOUIS, MO, 63103
Website
www.slplfoundation.orgNTEE Category
Code: B117 - Education
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