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The Library Foundation

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

EIN: 931190983 ✦ Portland, OR ✦ Designated as a 501(c)(3)

Overview

What is The Library Foundation?

The Library Foundation is a nonprofit organization situated in Portland, Oregon, specifically at 620 SW FIFTH AVENUE 1025. Its primary mission is to bolster the innovative work of Multnomah County Library and enhance the local library system. Through various programs and initiatives, The Library Foundation aims to support, expand, and advocate for the library's groundbreaking projects. One of their significant contributions is the school-age literacy program, which provided books and resources to K-12 students in seven school districts, helping to cement reading skills and ensure academic success. The summer reading engagement involved 104,000 children and teens, while the Library Connect program connected 115,000 students to library services, including research content, homework help, and tutoring support. Additionally, STEAM Home Learning Kits reached 19,000 students with hands-on learning materials that supported academic achievement. Lastly, The Library Foundation distributed over 30,000 children's books and e-books in more than 20 languages to numerous children through outreach work and the circulating collection.


Official website here: www.libraryfoundation.org

Is The Library Foundation legitimate?

The Library Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The 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.

Here are some key statistics you may want to consider:

Executive Compensation: $199,988
Professional Fundraising Fees: $0
Other Salaries and Wages: $369,682

For more financial information, click here


Official website here: www.libraryfoundation.org

What is the mission statement of The Library Foundation?

The Library Foundation's mission is to enhance the innovative work of Multnomah County Library and strengthen the library system. They achieve this by providing support, expanding, and advocating for the library's groundbreaking projects. This is made possible through donations, both large and small. The foundation's initiatives include school-age literacy programs that reinforce reading skills and academic success among K-12 students in seven school districts. During the summer, their reading engagement program reached over 100,000 children and teens. Additionally, The Library Connection program connected 115,000 students to library services, offering resources for research, homework help, and tutoring support. Furthermore, STEAM Home Learning Kits were distributed to 19,000 students, supporting academic achievement with hands-on learning materials. Lastly, over 30,000 children's books and e-books in over 20 languages were provided to children through outreach work and the circulating collection.


Official website here: www.libraryfoundation.org

Who is the CEO of The Library Foundation?

Merris Sumrall is the Chair of The Library Foundation. The CEO's salary of The Library Foundation is $145,231 and their total compensation is $197,416.


Official website here: www.libraryfoundation.org

What is the revenue of The Library Foundation?

The Library Foundation's revenue in 2023 was $4,774,861.


Official website here: www.libraryfoundation.org

Who are the executives of The Library Foundation and what are their salaries?

The average compensation at The Library Foundation during 2023 was $81,381. There are 7 employees and 20 volunteers at The Library Foundation.

Here are 20 key members and their salaries (The Library Foundation's CEO's salary is $145,231 and their total compensation is $197,416):

    Merris Sumrall (Ceo)
  • Compensation: $145,231
  • Related: $0
  • Other: $52,185

    • Brad Thies (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kori Allen (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul J Kelly Jr (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Galen (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Luka Arnerich (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Ball (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shiau Yen Chin-Dennis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristin Collins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne Jarvis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jean Josephson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emily V Karr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sonja Mckenzie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Molly Ono (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dilip Ratnam (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Scherer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David L Vernier (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sonya White (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Akeem Williams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wendy Gruenberg Wray (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.libraryfoundation.org

    Where can I find the form 990 for The Library Foundation?

    The The Library Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.libraryfoundation.org

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

    Mission Statement of The Library Foundation

    The Library Foundation, a dedicated organization, works towards enhancing the innovative work of Multnomah County Library and strengthening the library system as a whole. Its mission is threefold: firstly, it supports the community by financing and expanding the groundbreaking initiatives of Multnomah County Library. Secondly, it advocates for these innovative projects, ensuring they receive the necessary resources and recognition. Lastly, it creates a brighter future for children by championing their literacy and educational success. Gifts, regardless of size, contribute significantly to making this work possible.

    The Library Foundation plays a vital role in the education of children in the community. Through its school-age literacy programs, it reaches out to students in grades K-12 across seven school districts. These programs, which include providing books and educational materials, help cement reading skills and contribute to academic success, counteracting the effects of a challenging school year. Additionally, the foundation's summer reading program engaged over 104,000 children and teenagers during the summer break, promoting a love for reading and learning.

    Furthermore, The Library Foundation's Library Connect program connects over 115,000 students to library services, offering research content, homework help, and tutoring support. The foundation also provides STEAM Home Learning Kits to 19,000 students, supporting academic achievement with hands-on learning materials. Furthermore, the foundation distributes 30,000 children's books and e-books in more than 20 languages, ensuring that a wide range of children have access to educational resources. In summary, The Library Foundation's mission is to strengthen the library system, support innovative work, and create a brighter future for children through literary and educational programs.

    Impact

    This information is meant to be a general summary of The Library Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Library Foundation enhances Multnomah County Library's innovative work and strengthens the library system by reaching all K-12 students in seven school districts with school-age literacy programs. These programs aim to cement reading skills and academic success, countering the effects of a difficult school year. Additionally, the Foundation's efforts engage 104,000 children and teens in summer reading activities, connect 115,000 students to library services, provide STEAM home learning kits to 19,000 students, and distribute 30,000 children's books and e-books in over 20 languages. Through outreach work and the circulating collection, tens of thousands of children benefit from these resources. Overall, The Library Foundation in Portland, OR, effectively strengthens the community and creates a brighter future for children by supporting, expanding, and advocating for the innovative work of Multnomah County Library.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $333,437
  • Program Service Revenue: $0
  • Gross Receipts: $4,774,861

    • Assets and Liabilities:
  • Total Assets: $26,409,312
  • Total Liabilities: $866,559
  • Net Assets: $25,542,753
  • Organization Details

    Founding Year

    1995

    Principal Officer

    Merris Sumrall

    Main Address

    620 SW FIFTH AVENUE 1025, PORTLAND, OR, 97204

    NTEE Category

    Code: A70 - Arts

    If you are a representative of The 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.