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Arts, Culture, Humanities : Libraries, Historical Societies and Landmark Preservation (Grantmaking)

The Library Foundation

Enhancing our library's leadership, innovation and reach

four stars

92.78

620 Southwest Fifth Avenue Suite 1025
Portland, OR 97204
tel: (503) 223-4008   Web Site
EIN: 93-1190983

Board Leadership
Kevin S. Thomas
Board Chair

CEO
Merris Sumrall
Chief Executive Officer

 
 
  Score
(out of 100)		 Rating
Overall Score & Rating 92.78 four stars
  Financial 91.74 four stars
  Accountability & Transparency 94.00 four stars
This rating was published 06/01/2017 and includes data from FY2016, the most recent 990 received at that time.
Why isn't this based on more recent data?

Learn more about how we calculate the overall score and rating.

Financial

four stars

91.74

Accountability & Transparency

four stars

94.00

This rating was published 06/01/2017 and includes data from FY2016, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity’s total expenses spent on the programs
and services it delivers)		 85.8%
  Administrative Expenses 9.7%
  Fundraising Expenses 4.4%
  Fundraising Efficiency $0.04
  Working Capital Ratio (years) 5.40
  Program Expenses Growth 3.2%
  Liabilities to Assets 1.3%
All data for Financial Performance Metrics calculations was provided by The Library Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Library Foundation on recent 990s filed with the IRS.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
The Library Foundation (OR) 92.78 four stars
Westerly Public Library and Wilcox Park (RI) 92.21 four stars
St. Louis Public Library Foundation (MO) 86.82 three stars
The Friends of the Saint Paul Public Library (MN) 89.35 three stars
Library Foundation of Los Angeles (CA) 93.42 four stars

Compare These Charities (Highly Rated)

The Library Foundation is an independent, community-based organization dedicated to enhancing our library's leadership, innovation and reach. Since its founding in 1995, the foundation has raised more than $43 million to enhance programs, collections and the renovation and expansion of our library system. Last year alone, projects supported by the foundation reached more than 220,000 people in our community. Multnomah County Library is one of the most important cultural and educational resources in our region. The foundation and the library work together, in a strong partnership, to determine where private support can have the greatest impact and at the same time, not supplant the public's responsibility for funding the basic operations of a strong library system.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,198,511
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $6,128
Total Contributions $2,204,639
   Program Service Revenue $0
Total Primary Revenue $2,204,639
   Other Revenue $563,732
TOTAL REVENUE $2,768,371
   
EXPENSES  
   Program Expenses $2,031,839
   Administrative Expenses $236,408
   Fundraising Expenses $106,439
TOTAL FUNCTIONAL EXPENSES $2,374,686
   
Payments to Affiliates $0
Excess (or Deficit) for the year $393,685
   
Net Assets $17,862,077

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
School-age Literacy Programs $1,080,279 53.2%
Early Literacy $274,246 13.5%

Ratings History
The Library Foundation has received 2 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-06 06/01/2017 92.78 four stars
2015-06 06/01/2016 95.35 four stars
 
CN 2.0
2014-06 09/01/2015 89.39 three stars
2013-06 06/01/2014 88.76 three stars
2012-06 07/01/2013 89.59 three stars
2011-06 05/01/2012 84.47 three stars
2010-06 11/01/2011 91.26 four stars
2010-06 09/20/2011 88.96 three stars
 
CN 1.0
2010-06 07/01/2011 80.26 three stars
2009-06 08/01/2010 82.89 three stars
2008-06 07/01/2009 95.63 four stars
2007-06 08/01/2008 95.37 four stars
2006-06 03/01/2008 92.30 four stars
2005-06 03/01/2006 80.63 three stars
2004-06 12/01/2005 70.36 two stars
2003-06 04/01/2005 53.79 zero star

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 93-1190983
Name in IRS Master File LIBRARY FOUNDATION INC SERVING THE PEOPLE OF MULTNOMAH COUNTY
NTEE Code A70
NTEE Classification Humanities Organizations
NTEE Type Arts, Culture and Humanities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (994) Described in section 170(b)1)(a)(vi) of the Code
(92) Literary activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date March, 1996
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)		 (Log In or Register Now to View Forms 990!)
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
  • June, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title
$177,681 7.48% Merris Sumrall Chief Executive Officer

The Library Foundation is an independent, community-based organization dedicated to enhancing our library's leadership, innovation and reach. Since its founding in 1995, the foundation has raised more than $43 million to enhance programs, collections and the renovation and expansion of our library system. Last year alone, projects supported by the foundation reached more than 220,000 people in our community. Multnomah County Library is one of the most important cultural and educational resources in our region. The foundation and the library work together, in a strong partnership, to determine where private support can have the greatest impact and at the same time, not supplant the public's responsibility for funding the basic operations of a strong library system.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Library Foundation (OR) 92.78 four stars
The New York Public Library (NY) 91.76 four stars
Denver Public Library Friends Foundation (CO) 88.78 three stars
Louisville Free Public Library Foundation (KY) 98.23 four stars
The Seattle Public Library Foundation (WA) 98.12 four stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

The Library Foundation
620 Southwest Fifth Avenue
Suite 1025
Portland, OR 97204
tel: (503) 223-4008
fax: (503) 223-4386
EIN: 93-1190983

Visit Web Site

Board Leadership

Kevin S. Thomas
Board Chair

CEO

Merris Sumrall
Chief Executive Officer

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