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

The Library Foundation

Enhancing our library's leadership, innovation and reach

four stars

93.40

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

Board Leadership
Eva Kripalani
Board Chair

CEO
Merris Sumrall
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 93.40 four stars
  Financial 93.83 four stars
  Accountability & Transparency 93.00 four stars
This rating was published 06/01/2020 and includes data from FY2019, the most recent 990 received at that time.

The Library Foundation enhances Multnomah County Library's innovation and reach, helping the library address emerging community needs through private support. Since 1995, gifts to the foundation have helped the library reach tens of thousands of children at risk of low literacy, breathe new life into aging buildings and buy books that capture hearts and minds.

Last year's accomplishments show just how much a small nonprofit can accomplish in partnership with a strong public library. Supporters helped the library strengthen/expand 13 programs, reach more than 210,000 people and made more than 120,000 books and materials available to children and adults. The foundation and the library work together, in a strong partnership, to determine where private funds can have the greatest impact, particularly for children and families at risk.

The Library Foundation enhances Multnomah County Library's innovation and reach, helping the library address emerging community needs through private support. Since 1995, gifts to the foundation have helped the library reach tens of thousands of children at risk of low literacy, breathe new life into aging buildings and buy books that capture hearts and minds.

Last year's accomplishments show just how much a small nonprofit can accomplish in partnership with a strong public library. Supporters helped the library strengthen/expand 13 programs, reach more than 210,000 people and made more than 120,000 books and materials available to children and adults. The foundation and the library work together, in a strong partnership, to determine where private funds can have the greatest impact, particularly for children and families at risk.

Impact Information

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Financial

four stars

93.83

Accountability & Transparency

four stars

93.00

This rating was published 06/01/2020 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
86.3%
  Administrative Expenses 10.2%
  Fundraising Expenses 3.3%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 5.91
  Program Expenses Growth 4.3%
  Liabilities to Assets 1.8%
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.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,392,492
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $5,072
Total Contributions $2,397,564
   Program Service Revenue $0
Total Primary Revenue $2,397,564
   Other Revenue $326,001
TOTAL REVENUE $2,723,565
   
EXPENSES  
   Program Expenses $2,307,937
   Administrative Expenses $264,716
   Fundraising Expenses $86,068
TOTAL FUNCTIONAL EXPENSES $2,658,721
   
Payments to Affiliates $0
Excess (or Deficit) for the year $64,844
   
Net Assets $20,059,481

Charts

Compensation % of Expenses Paid to Title
$142,350 5.35% Merris Sumrall Chief Executive Officer

Mission

The Library Foundation enhances Multnomah County Library's innovation and reach, helping the library address emerging community needs through private support. Since 1995, gifts to the foundation have helped the library reach tens of thousands of children at risk of low literacy, breathe new life into aging buildings and buy books that capture hearts and minds.

Last year's accomplishments show just how much a small nonprofit can accomplish in partnership with a strong public library. Supporters helped the library strengthen/expand 13 programs, reach more than 210,000 people and made more than 120,000 books and materials available to children and adults. The foundation and the library work together, in a strong partnership, to determine where private funds can have the greatest impact, particularly for children and families at risk.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Library Foundation (OR) 93.40 four stars
The Seattle Public Library Foundation (WA) 91.07 four stars
Nantucket Atheneum (MA) 86.31 three stars
Desert Foothills Library Association (AZ) 90.62 four stars
Charleston Library Society (SC) 90.79 four stars

Compare These Charities (Highly Rated)

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

Eva Kripalani
Board Chair

CEO

Merris Sumrall
Chief Executive Officer