The Newport Beach Library Foundation

Organization Overview

The Newport Beach Library Foundation is located in Newport Beach, CA. The organization was established in 1994. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, Newport Beach Library Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newport Beach Library Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Newport Beach Library Foundation generated $977.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $639.9k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE NEWPORT BEACH PUBLIC LIBRARY FOUNDATION FUNDS VALUABLE LIBRARY RESOURCES,PROGRAMS AND SERVICES, AND ENGAGES THE COMMUNITY THROUGH THE CREATION AND SPONSORSHIP OF DIVERSE LITERARY, CULTURAL AND INTELLECTUAL PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OTHER VARIOUS PROGRAMS LIKE ESTATE AND FINANCIAL PLANNING WORKSHOPS AND MEDICINE IN OUR BACKYARD (IN CONJUNCTION WITH UNIVERSITY OF CALIFORNIA IRVINE HEALTH DEPARTMENT)WITH EXPERT SPEAKERS ARE OFFERED FREE OF CHARGE TO THE COMMUNITY TO PROMOTE FINANCIAL LITERACY AND HEALTH AND MEDICAL KNOWLEDGE. ADDITIONALLY THE NBPLF OFFERS WRITING WORKSHOPS, A VERY WELL ATTENDED BOOK DISCUSSION GROUP AND OTHER PROGRAMS.


THE LECTURES ARE PRESENTED BY THE NEWPORT BEACH PUBIC LIBRARY FOUNDATION. THE WITTE SERIES HAS EARNED A STELLAR REPUTATION FOR ITS HIGH CALIBER OF SPEAKERS ON A WIDE VARIETY OF SUBJECTS. SINCE THE BEGINNING OF THIS NATIONALLY RECOGNIZED PROGRAM IN 1996 AT THE NEWPORT BEACH PUBLIC LIBRARY, THIS SERIES HAS EMBRACED A GLOBAL PERSPECTIVE AND HAS BROUGHT SOME OF THE MOST COMPELLING VOICES OF OUR TIME TO THE STAGE. THE SPEAKERS HAVE EARNED THE HIGHEST MARKS GIVEN IN THIEIR CHOSEN FIELDS: THE PULITZER PRIZE, OSCAR, EMMY, TONY, PEN/FAULKNER, MACARTHUR GENIUS GRANTS, GUGGENHEIM FELLOWSHIPS, AND THE HIGHEST JOURNALISTIC HONORS IN EVERY FIELD. THE FOUNDATION ALSO PRESENTS A LECTURE SERIES TITLED LIBRARY LIVE THAT FEATURES AUTHORS WITH NEWLY PUBLISHED AND ACCLAIMED WORKS, BOTH FICTION AND NONFICTION. WITTE AND LIBRARY LIVE WERE PRESENTED LIVE IN 2022. RECORDINGS OF THE LECTURES ARE AVAILABLE TO MEMBERS OF THE FOUNDATION ONLY. MEDICINE IN OUR BACKYARD VIDEO RECORDINGS ARE AVAILABLE TO EVERYONE ON THE FOUNDATION'S WEBSITE.


THE NEWPORT BEACH PUBLIC LIBRARY FOUNDATION (NBPLF) FUNDS LIBRARY RESOURCES FOR THE NEWPORT BEACH PUBLIC LIBRARY SUCH AS ONLINE DATABASES, DVDS, AUDIO, E-BOOKS AND OTHER CUTTING-EDGE TECHNOLOGIES, BASED ON RECOMENDATIONS FROM THE LIBRARY DIRECTOR AND APPROVED BY THE NEWPORT BEACH PUBLIC LIBRARY FOUNDATION BOARD OF DIRECTORS.


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Board, Officers & Key Employees

Name (title)Compensation
Jerold Kappel
CEO
$53,013
Margaret Linton
Executive Director
$19,372
Kevin Barlow
Vice Chair
$0
Dorothy Larson
Secretary
$0
Karen Clark
Chairman
$0
John Prichard
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $115,737
All other contributions, gifts, grants, and similar amounts not included above$499,992
Noncash contributions included in lines 1a–1f $5,045
Total Revenue from Contributions, Gifts, Grants & Similar$615,729
Total Program Service Revenue$80,575
Investment income $108,495
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $172,644
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $977,443

Grants Recieved

Over the last fiscal year, we have identified 13 grants that The Newport Beach Library Foundation has recieved totaling $143,097.

Awarding OrganizationAmount
$37,503
Rallis Foundation

Newport Beach, CA

PURPOSE: GENERAL CONTRIBUTION

$35,000
Witte-Sakamoto Family Foundation

Laguna Beach, CA

PURPOSE: FUNDS VALUABLE LIBRARY RESOURCES AND PROGRAMS

$34,800
Uhl & Kk Foundation

Costa Mesa, CA

PURPOSE: GENERAL SUPPORT

$10,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$9,125
American Endowment Foundation

Hudson, OH

PURPOSE: EDUCATIONAL

$5,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,187,124
Earnings$489,109
Ending Balance$2,676,233

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