Overview
What is The Lafayette Public Library Foundation?
The Lafayette Public Library Foundation is a nonprofit organization situated in Lafayette, Louisiana. Its primary objective is to support and enrich the local public library by funding the acquisition of educational books. The foundation's mission is centered around endowing the Lafayette Parish Public Library with resources, contributing to a well-rounded and knowledgeable community. By doing so, it fosters a love for learning and encourages lifelong education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Lafayette Public Library Foundation has received an 81% score, indicating a strong level of performance in several key areas, particularly in its accountability and community engagement. The organization boasts a perfect score in its Culture & Community category, highlighting its effective engagement with stakeholders and its commitment to serving the public. Furthermore, it has 100% independent board members, reflecting a robust governance structure that promotes transparency and accountability.
However, while the foundation excels in many areas, there are notable gaps in its policies. Specifically, it lacks a whistleblower policy and a document retention and destruction policy, which are essential for safeguarding the organization and ensuring proper operational practices. These missing elements may expose the organization to potential risks that could impact its overall effectiveness and trustworthiness.
Despite these limitations, the foundation demonstrates a high program expense ratio of 71.45%, indicating that a significant portion of its resources is directed toward its core mission. The foundation is also proactive in collecting and utilizing feedback, scoring perfectly in both feedback collection and usage, reflecting its commitment to continuous improvement and responsiveness to community needs.
This AI summary has been generated from information found on Charity Navigator.
Is The Lafayette Public Library Foundation legitimate?
The Lafayette Public Library Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lafayette 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Lafayette Public Library Foundation?
The Lafayette Public Library Foundation is dedicated to supporting an educational institution. Its mission is to fund the acquisition of books for a public library, thereby contributing to the expansion of knowledge and learning opportunities. The foundation's primary goal is to enhance the library's resources, thereby promoting education and learning in the community. By endowing the library with books, the foundation aims to foster a love for reading and learning among its patrons. The foundation's activities are focused on educational empowerment, ensuring that the library has the necessary resources to serve its community effectively.
Who is the CEO of The Lafayette Public Library Foundation?
Joseph N Abraham Md is the President of The Lafayette Public Library Foundation.
What is the revenue of The Lafayette Public Library Foundation?
The Lafayette Public Library Foundation's revenue in 2022 was $37,128.
Who are the executives of The Lafayette Public Library Foundation and what are their salaries?
There 20 volunteers at The Lafayette Public Library Foundation.
Here are 22 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Lafayette Public Library Foundation?
The Lafayette Public Library Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Lafayette Public Library Foundation
The Lafayette Public Library Foundation, as a nonprofit entity, is dedicated to furthering education by funding the procurement of books for public libraries within Lafayette Parish. This mission enables the library to expand its collection and cater to the learning needs of its patrons, thereby fostering a culture of knowledge and literacy. By endowing the library with educational resources, the foundation plays a pivotal role in nurturing intellectual growth and fostering a love for reading among its community members.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The Lafayette Public Library Foundation's impact is notable in Lafayette, LA, significantly contributing to education and literacy in the community. Through its mission of endowing the purchase of books for the Lafayette Parish Public Library, the Foundation enhances access to educational resources, supports lifelong learning, and fosters a culture of reading and knowledge acquisition. This philanthropic initiative directly benefits individuals of all ages by providing valuable learning materials and promoting intellectual growth within the community.
This information is meant to be a general summary of The Lafayette 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: $7,749
- Program Service Revenue: $5,435
- Gross Receipts: $37,128
Assets and Liabilities:
- Total Assets: $771,662
- Total Liabilities: $0
- Net Assets: $771,662
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AWARDS BANQUET
Revenue
$5,435
Organization Details
Founding Year
1993
Phone
(337) 261-5781Principal Officer
Joseph N Abraham Md
Main Address
PO Box 53024, Lafayette, LA, 70505
NTEE Category
Code: T30Z - Philanthropy
If you are a representative of The Lafayette Public Library Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.