Overview
What is Foundation For San Luis Obispo County Public Libraries?
The Foundation for San Luis Obispo County Public Libraries is a nonprofit organization with a mission to bolster the local libraries' strength. They believe that robust libraries contribute significantly to community development by fostering a conducive environment for learning and the appreciation of knowledge. The organization's primary goal is to collect funds to augment the existing public financing for the San Luis Obispo County Libraries, ensuring that these vital resources continue to serve the community effectively.
Official website here: www.slolibraryfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Stars
The Foundation For San Luis Obispo County Public Libraries has achieved a Three-Star rating, reflecting a solid performance in accountability and finance. The overall score derives entirely from its accountability and finance metrics, showcasing a commitment to responsible financial practices. The organization has maintained an impressive program expense ratio of 90.66%, indicating that the majority of its funds are allocated directly to its programs and services.
Strengths highlighted include a fully independent board, with all members meeting governance standards, and a clean record concerning asset diversion. The charity also demonstrates transparency by listing its tax form and board meeting minutes on its website, which contributes positively to its accountability score.
However, the foundation does have areas for improvement, most notably the absence of a whistleblower policy and a document retention and destruction policy. While these oversights do not significantly detract from its overall rating, addressing them could enhance the organization’s governance and stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For San Luis Obispo County Public Libraries legitimate?
Foundation For San Luis Obispo County Public Libraries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For San Luis Obispo County Public Libraries 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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Professional Fundraising Fees: $0
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For more financial information, click here
Official website here: www.slolibraryfoundation.org
What is the mission statement of Foundation For San Luis Obispo County Public Libraries?
The Foundation For San Luis Obispo County Public Libraries' mission is centered around enhancing public libraries in the area. They strive to raise funds to supplement existing funding, with the belief that robust libraries contribute significantly to community development by fostering an environment conducive to learning and the appreciation of knowledge. The organization aims to raise awareness and garner support for these libraries, thereby strengthening their resources and capabilities.
Official website here: www.slolibraryfoundation.org
Who is the CEO of Foundation For San Luis Obispo County Public Libraries?
Juliane Mcadam is the President of Foundation For San Luis Obispo County Public Libraries.
Official website here: www.slolibraryfoundation.org
What is the revenue of Foundation For San Luis Obispo County Public Libraries?
Foundation For San Luis Obispo County Public Libraries's revenue in 2023 was $1,367,037.
Official website here: www.slolibraryfoundation.org
Who are the executives of Foundation For San Luis Obispo County Public Libraries and what are their salaries?
There 6 volunteers at Foundation For San Luis Obispo County Public Libraries.
Here are 7 key members and their salaries:
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Official website here: www.slolibraryfoundation.org
Where can I find the form 990 for Foundation For San Luis Obispo County Public Libraries?
Foundation For San Luis Obispo County Public Libraries's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.slolibraryfoundation.org
Learn more at the official website: www.slolibraryfoundation.org
Mission Statement of Foundation For San Luis Obispo County Public Libraries
The Foundation for San Luis Obispo County Public Libraries is a charitable organization with a mission to boost public funding for local libraries. Recognizing the vital role of libraries in fostering a learning environment and nurturing the appreciation of knowledge, this organization aims to raise funds to augment the existing resources. By doing so, it seeks to strengthen the libraries, ultimately benefiting the entire community. The Foundation for San Luis Obispo County Public Libraries believes that robust libraries contribute significantly to the community's development, providing a platform for learning and growth.
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Impact
July, 2024
Foundation For San Luis Obispo County Public Libraries plays a crucial role in bolstering the resources and services available at San Luis Obispo County Libraries. By raising funds to supplement the public funding allocated to these libraries, the Foundation is instrumental in enhancing the learning environments and knowledge sharing opportunities within the community. Through their efforts, they help to build a stronger and more supportive community by providing a rich educational landscape for residents to explore and appreciate. Their focus on education underscores their commitment to fostering personal growth and intellectual development among library patrons.
This information is meant to be a general summary of Foundation For San Luis Obispo County Public Libraries. 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: $77,686
- Gross Receipts: $1,381,116
Assets and Liabilities:
- Total Assets: $4,189,992
- Total Liabilities: $2,400
- Net Assets: $4,187,592
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Organization Details
Founding Year
1998
Phone
(310) 490-0310Principal Officer
Juliane Mcadam
Main Address
PO BOX 12942, SAN LUIS OBISPO, CA, 93406
Website
www.slolibraryfoundation.orgNTEE Category
Code: B70 - Education
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