Overview
What is Transylvania County Library Foundation?
Transylvania County Library Foundation is a nonprofit organization situated at 212 South Gaston Street, Brevard, North Carolina (NC 28712). Its primary mission is to raise and manage funds, including memorials and donations, for the benefit of the Transylvania County Library. This support aims to enhance and bolster library services within the county. In collaboration with Brevard College, the foundation organizes the Looking Glass Rock Writers Conference. This conference, centered around a theme of "a sense of place," fosters various creative writing genres through readings, workshops, and interactive sessions with renowned regional and national writers. The conference aims to strengthen Transylvania County's reputation as a culturally rich and enriching learning environment for individuals of all ages.
Official website here: www.library.transylvaniacounty.org/library-foundation/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Star Rating)
The Transylvania County Library Foundation has received an impressive score of 89%, indicating a solid level of accountability and financial health. The organization features 100% independent board members and has a high independent board size, which reflects strong governance practices. Additionally, there are no reported issues with asset diversion, and the foundation has a commendable program expense ratio of 69.05%, demonstrating a strong commitment to its mission-related activities.
However, there are some limitations in the foundation's governance practices. While most policies are in place, the absence of a whistleblower policy is a notable gap in their accountability measures. This could be an area for improvement to enhance transparency and protect individuals who report unethical behavior within the organization.
Overall, the foundation's strong financial metrics and governance structures suggest a well-managed organization dedicated to supporting the library's initiatives. Addressing the identified gaps could further strengthen its reputation and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Transylvania County Library Foundation legitimate?
Transylvania County Library Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Transylvania County 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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Official website here: www.library.transylvaniacounty.org/library-foundation/
What is the mission statement of Transylvania County Library Foundation?
The Transylvania County Library Foundation's mission is centered around raising and managing funds, memorials, and gifts for the benefit of the Transylvania County Library. Their primary objective is to promote and strengthen library services within the community. To accomplish this, they receive financial support through various means, including gifts, grants, and bequests. The foundation's activities extend beyond fundraising, as they also aim to foster and advocate for library services in Transylvania County.
Official website here: www.library.transylvaniacounty.org/library-foundation/
Who is the CEO of Transylvania County Library Foundation?
Larry Sitton is the Board Chair of Transylvania County Library Foundation.
Official website here: www.library.transylvaniacounty.org/library-foundation/
What is the revenue of Transylvania County Library Foundation?
Transylvania County Library Foundation's revenue in 2022 was $189,992.
Official website here: www.library.transylvaniacounty.org/library-foundation/
Who are the executives of Transylvania County Library Foundation and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.library.transylvaniacounty.org/library-foundation/
Where can I find the form 990 for Transylvania County Library Foundation?
Transylvania County Library Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.library.transylvaniacounty.org/library-foundation/
Learn more at the official website: www.library.transylvaniacounty.org/library-foundation/
Mission Statement of Transylvania County Library Foundation
The Transylvania County Library Foundation is dedicated to advancing and strengthening the Transylvania County Library's services. To achieve this, the organization actively seeks and manages funds, memorials, and gifts, as well as grants and bequests intended for the library's use. Beyond financial support, the foundation also works tirelessly to promote and endorse library services within Transylvania County. This mission is not limited to monetary contributions, but also encompasses advocacy and promotion, aiming to elevate the library's role and impact within their community.
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Impact
October, 2024
Transylvania County Library Foundation significantly enriches the community by supporting and enhancing library services in Transylvania County. One of its hallmark initiatives, the Looking Glass Rock Writers Conference, fosters creativity and literary engagement in the region. By bringing together aspiring and established writers for workshops and readings themed around "a sense of place," the conference not only nurtures artistic expression but also promotes cultural recognition of Transylvania County. As a result, the Foundation plays a crucial role in making the library a vibrant hub of learning and creativity for individuals of all ages.
This information is meant to be a general summary of Transylvania County 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: $157,808
- Gross Receipts: $189,992
Assets and Liabilities:
- Total Assets: $3,868,360
- Total Liabilities: $248,270
- Net Assets: $3,620,090
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Revenue
Organization Details
Founding Year
1945
Phone
(828) 884-3151Principal Officer
Larry Sitton
Main Address
212 South Gaston Street, Brevard, NC, 28712
NTEE Category
Code: B70 - Education
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