Fort Vancouver Regional Library Foundation

Organization Overview

Fort Vancouver Regional Library Foundation is located in Vancouver, WA. The organization was established in 1996. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 06/2022, Fort Vancouver Regional Library Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fort Vancouver Regional 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, Fort Vancouver Regional Library Foundation generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $1.8m 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

EXTEND THE REACH AND ENHANCE THE DEPTH OF PUBLIC LIBRARY SERVICES TO RESIDENTS OF SOUTHWEST WASHINGTON.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EACH OF THE FOURTEEN LIBRARIES HAS A FRIENDS OF THE LIBRARY GROUP THAT COLLECTS DUES, HOLDS BOOK SALES AND OTHER FUNDRAISING EVENTS AND CAMPAIGNS TO SUPPORT THAT LIBRARY IN ADDITION TO THE SUPPORT FROM THE FOUNDATION FOR THESE LIBRARIES.


THE FOUNDATION RECEIVES GRANTS AND INDIVIDUAL CONTRIBUTIONS FOR THE PURPOSE OF EXPANDING THE BOOK COLLECTIONS OF THE VARIOUS BRANCHES.


THE FOUNDATION SUPPORTS VARIOUS LIBRARY FUNCTIONS THROUGHOUT SOUTHWESTERN WASHINGTON INCLUDING BOOK PURCHASES, LIBRARY SUPPORT SERVICES AND ADVOCATING ON BEHALF OF THE LIBRARY DISTRICT.


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Board, Officers & Key Employees

Name (title)Compensation
Rick Smithrud
Executive Director
$96,103
Val Berrissoul
Treasurer
$0
Dan Clark
Board Vice-Chair
$0
Debbie Jennerjohn
Board Chair
$0
Jenny Brown
Secretary
$0
Paul Montague
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$792,284
Noncash contributions included in lines 1a–1f $87,424
Total Revenue from Contributions, Gifts, Grants & Similar$792,284
Total Program Service Revenue$24,778
Investment income $420,570
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $37,892
Net Income from Fundraising Events $152,017
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,515,476

Grants Awarded

Over the last fiscal year, Fort Vancouver Regional Library Foundation has awarded $471,046 in support to 2 organizations.

Grant RecipientAmount

FORT VANCOUVER REGIONAL LIBRARY DISTRICT

PURPOSE: THE FOUNDATION PURCHASES BOOKS FOR USE BY THE LIBRARIES OF THE FORT VANCOUVER LIBRARY DISTRICT. THE FOUNDATION ALSO PROVIDES CASH FOR NEW LIBRARY BUILDINGS OR BUILDING IMPROVEMENT PROJECTS. THE FOUNDATION ALSO ASSISTS THE LIBRARY DISTRICT WITH FUNDS FOR VARIOUS READING AND LITERACY PROGRAMS.

$467,486

CITIZENS FOR LEWIS RIVER LIBRARY DISTRICT

PURPOSE: POLITICAL CONTRIBUTION TO SUPPORT BALLOT MEASURES ESTABLISHING LIBRARY DISTRICT

$3,560
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Fort Vancouver Regional Library Foundation has recieved totaling $27,445.

Awarding OrganizationAmount
David And Helen Frink Foundation Xxx-Xx-Xxxx

St Louis, MO

PURPOSE: GENERAL SUPPORT

$27,144
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$301
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,125,969
Earnings-$255,696
Ending Balance$1,870,273

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