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Los Alto Library Endowment

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 912100487 ✦ Los altos, CA ✦ Designated as a 501(c)(3)

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Overview

What is Los Alto Library Endowment?

Los Alto Library Endowment is a nonprofit organization with the primary objective of financially supporting the Los Altos Library. Their mission is to aid the library in meeting the needs of the community while maintaining a balance between traditional literature and contemporary scientific, medical, and technological resources. They strive to promote the library's long-term sustainability in the ever-evolving landscape of library requirements and priorities. This support is crucial in ensuring the library remains a valuable resource for the community, catering to its diverse informational needs.


Official website here: www.lalendow.org

Is Los Alto Library Endowment legitimate?

Los Alto Library Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Los Alto Library Endowment 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


Official website here: www.lalendow.org

What is the mission statement of Los Alto Library Endowment?

The Los Alto Library Endowment's mission is to offer financial assistance to the local library, enabling it to cater to the community's needs effectively. A key aspect of this mission involves striking a balance between traditional literature and contemporary scientific, medical, and technological resources, reflecting the ever-evolving needs and priorities of libraries. The endowment aims to contribute to the library's long-term well-being, ensuring it remains a valuable and relevant resource for its patrons.


Official website here: www.lalendow.org

Who is the CEO of Los Alto Library Endowment?

Nancy Bhagat is the Treasurer of Los Alto Library Endowment.


Official website here: www.lalendow.org

What is the revenue of Los Alto Library Endowment?

Los Alto Library Endowment's revenue in 2022 was $98,468.


Official website here: www.lalendow.org

Who are the executives of Los Alto Library Endowment and what are their salaries?


Here are 10 key members and their salaries:


Nancy Bhagat (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Bhat (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Cardoza (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meg Gerstner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Hill (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Mitchell (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Popek (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Simon (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lenelle Smith (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Struthers (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lalendow.org

Where can I find the form 990 for Los Alto Library Endowment?

Los Alto Library Endowment's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lalendow.org

Learn more at the official website: www.lalendow.org

Mission Statement of Los Alto Library Endowment

The Los Alto Library Endowment aims to fulfill a crucial mission in supporting the Los Altos Library. Their primary objective is to provide the necessary financial resources to enable the library to cater to the needs of its community. Furthermore, the endowment seeks to improve the library's balance between traditional literature and contemporary scientific, medical, and technological literature. This endeavor is essential in ensuring the library remains relevant and responsive to the ever-evolving needs and priorities of its patrons in the dynamic world of library services.

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Impact




October, 2024

The Los Altos Library Endowment plays a crucial role in enhancing the resources and services offered by the Los Altos Library. By providing essential financial support, the endowment helps the library address the diverse needs of the community, ensuring that residents have access to a broad range of materials and information.

One of the key impacts of the endowment is its ability to improve the balance between traditional literature and contemporary fields such as science, medicine, and technology. This ensures that library patrons can not only engage with classic works but also stay informed about current trends and advancements, reflecting the ever-evolving landscape of knowledge.

Additionally, the endowment contributes to the library's long-term sustainability. It supports initiatives that adapt to changing priorities and demands, ensuring that the library remains a vital resource for education and information in the community. Overall, the Los Altos Library Endowment significantly enriches the library experience, fostering a culture of learning and exploration among residents.




This information is meant to be a general summary of Los Alto Library Endowment. 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.

Revenue
$98,468 (2022)
Expenses
$176,888 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $68,692
  • Gross Receipts: $1,467,109

Assets and Liabilities:

  • Total Assets: $6,704,608
  • Total Liabilities: $0
  • Net Assets: $6,704,608

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Organization Details

Founding Year

1998

Principal Officer

Nancy Bhagat

Main Address

PO BOX 367, LOS ALTOS, CA, 94023

NTEE Category

Code: B117 - Education

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