The Library Foundation
Impact & Measurement
Accountability & Finance
Culture & Community
Leadership & Adaptability
building

The Library Foundation

 
501(c)(3) organization
Donations are tax-deductible
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620 Southwest Fifth Avenue
Suite 1025
Portland OR 97204

Portland OR | IRS ruling year: 1996 | EIN: 93-1190983  
infoAn EIN is a unique nine-digit number that identifies a business for tax purposes.
 
Organization Mission
The Library Foundation strengthens our community and creates a bright future for children by supporting, expanding and advocating for Multnomah County Library’s inno ...
(More)
 

Rating Information

rating
Great

This charity's score is 98%, earning it a Four-Star rating. If this organization aligns with your passions and values, you can give with confidence.

This overall score is calculated from multiple beacon scores, weighted as follows: 83% Accountability & Finance, 10% Leadership & Adaptability, 7% Culture & Community. Learn more about our criteria and methodology.

Historical Ratings
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Rating Report

Accountability & Finance
Score

97

Most Recent Fiscal Year:
FY 2023
This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.
 

Key Accountability Metrics

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Majority Independent Board Members - 100% independent members
10 out of 10 points  plus
Independent Board Size - 18 independent members
10 out of 10 points  plus
Financial Statements - Audit and Oversight Committee
20 out of 20 points  plus
Material Diversion of Assets - None
20 out of 20 points  plus

Tax Form Disclosures and Policies

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No Credit
Website Listed on Tax Form - Listed
5 out of 5 points  plus
Conflict of Interest Policy - Listed
5 out of 5 points  plus
Whistleblower Policy - Listed
5 out of 5 points  plus
Document Retention and Destruction - Listed
5 out of 5 points  plus
Documents Board Meeting Minutes - Yes
5 out of 5 points  plus
Tax Form Distributed to Board Before Filing - Missing
0 out of 5 points  plus
Loans to/from Officers - None
5 out of 5 points  plus

Website Disclosures

Full Credit
  
Partial Credit
  
No Credit
Tax Form Posted on Nonprofit's Website - Listed
5 out of 5 points  plus

Financial Metrics

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No Credit
Liabilities to Assets: Ratio - 3.28%
25 out of 25 points  plus
Program Expense: Ratio - 83.11%
25 out of 25 points  plus
Fundraising Efficiency: Ratio - $0.03
25 out of 25 points  plus
Working Capital: Ratio - 10.33 years
25 out of 25 points  plus

Additional Information

Total Revenue and Expenses - Data Available
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Salary of Key Persons - Data Available
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IRS Published Data (Business Master File) - Data Available
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Data Sources (IRS Forms 990) - Data Available
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