Eugene Public Library Foundation
- Assets
- $2.1m
- Revenue
- $726.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Eugene, OR
- Founding
- 07/1987
- Data as of
- 06/2022
- EIN
- 93-0873279
Organization Overview
Eugene Public Library Foundation is located in Eugene, OR. The organization was established in 1987. 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, Eugene Public Library Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eugene Public 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, Eugene Public Library Foundation generated $726.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $692.3k during the year ending 06/2022. While expenses have increased by 8.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE EUGENE PUBLIC LIBRARY FOUNDATION SUPPORTS THE EUGENE PUBLIC LIBRARY IN ITS EFFORTS TO INSPIRE LIFELONG LEARNING AND TO ENRICH THE ENTIRE COMMUNITY. WE SECURE AND RESPONSIBLY MANAGE CONTRIBUTIONS FROM INDIVIDUALS, BUSINESSES, AND FOUNDATIONS TO BUILD COMMUNITY SUPPORT FOR OUR EUGENE PUBLIC LIBRARY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EUGENE PUBLIC LIBRARY FOUNDATION IS AN ADVOCATE AND CHAMPION FOR RESOURCES FOR EUGENE PUBLIC LIBRARY, SUPPORTING ITS EFFORTS TO INSPIRE LIFELONG LEARNING AND TO ENRICH THE ENTIRE COMMUNITY. THROUGH RESPONSIBLE MANAGEMENT OF FINANCIAL RESOURCES, THE FOUNDATION ENGAGES OVER 1,200 DONORS ANNUALLY IN DIRECTLY IMPACTING THE LIBRARYS SERVICES AND REACH IN EUGENE. THE GENEROSITY OF FOUNDATION DONORS INCREASES THE LIBRARYS ABILITY TO PROVIDE FREE PROGRAMMING, HIGH-QUALITY MATERIALS, DIGITAL RESOURCES, TECHNOLOGY, INNOVATIVE SERVICES, AND EQUITABLE ACCESS TO THE ENTIRE COMMUNITY. THROUGH SPECIALIZED FUNDRAISING PROJECTS, THE FOUNDATION HAS BEEN ABLE TO SUPPORT INITIATIVES SUCH AS FREE LIBRARY CARDS FOR ALL 4J AND BETHEL PUBLIC SCHOOL DISTRICTS, REGARDLESS OF WHETHER OR NOT THEY LIVE WITHIN THE CITY OF EUGENE BOUNDARIES, AN EXPANDED URBAN FICTION COLLECTION, NEW DIVERSITY IN STEM ACTIVITIES, THE LAUNCH OF THE SHORT EDITION STORYTELLING DISPENSER AT EUGENE AIRPORT AND MORE. IN 2022, THE FOUNDATION RAISED FUNDS TO ESTABLISH THE LIBRARY OF THINGS COLLECTION, PROVIDING RESOURCES FOR THE LIBRARY TO LEND THINGS OTHER THAN BOOKS SUCH AS GAMES, TECHNOLOGY, AND HOBBY EQUIPMENT, ETC. THE FOUNDATION ALSO PARTNERED WITH DONORS TO CREATE THE THEODORE GALL ENDOWMENT FOR THE LIBRARY OF THINGS, AN ENDOWMENT FOCUSED ON GROWING THIS NEW COLLECTION.
THE FOUNDATION FUNDS THE IMAGINATION LIBRARY OF EUGENE, WHICH PROVIDES MONTHLY, FREE AGE-APPROPRIATE BOOKS TO CHILDREN 0-4 YEARS OF AGE TO APPROXIMATELY 3,600 CHILDREN PER MONTH, SPARKING A STRONG START TO EARLY LITERACY DEVELOPMENT AND THE LIFELONG LOVE OF READING. FOUNDED BY DOLLY PARTON, THE PROGRAM IN EUGENE IS FUNDED COMPLETELY BY LOCAL DONORS TO EUGENE PUBLIC LIBRARY FOUNDATION. THIS YEAR, WE REACHED A NEW BENCHMARK OF DISTRIBUTING OUR 300,000TH BOOK AND SERVING MORE THAN 12,500 CHILDREN CUMULATIVELY. THE FOUNDATION SUPPORTED EFFORTS FOR COUNTY-WIDE COVERAGE IN LANE COUNTY AND HAS SEEN SIGNIFICANT GROWTH IN REACHING CHILDREN FROM BIRTH AS A RESULT OF EXPANDED AWARENESS. WITH THE CONTINUED IMPACT OF COVID-19, THIS PROGRAM IS BENEFICIAL AS IT REACHES CHILDREN DIRECTLY AT THEIR HOME BY DELIVERING HIGH QUALITY, AGE APPROPRIATE BOOKS TO MAILBOXES THROUGHOUT EUGENE. CURRENT VOLUNTEER OUTREACH AND ADVOCACY EFFORTS ARE FOCUSED ON INCREASING ENROLLMENT OF SPANISH-SPEAKING CHILDREN AND THE PROGRAM REACHING CHILDREN ACROSS OREGON THROUGH A NETWORK OF AFFILIATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reed Davaz Mcgowan Executive Dir. | Officer | 40 | $70,500 |
Renee Buchanan President | OfficerTrustee | 5 | $0 |
Allison Howard Treasurer | OfficerTrustee | 4 | $0 |
Hans Mcknight Vice President | OfficerTrustee | 3 | $0 |
Sally Claycomb Secretary | OfficerTrustee | 1 | $0 |
Lisa Rubenstein Calevi Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $164,608 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $546,329 |
| Noncash contributions included in lines 1a–1f | $37,358 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $710,937 |
| Total Program Service Revenue | $0 |
| Investment income | $42,661 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $290 |
| Net Income from Fundraising Events | -$27,650 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $726,238 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $421,087 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $81,190 |
| Compensation of current officers, directors, key employees. | $24,357 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,840 |
| Pension plan accruals and contributions | $956 |
| Other employee benefits | $719 |
| Payroll taxes | $9,738 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,805 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,840 |
| Office expenses | $17,570 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $720 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,611 |
| All other expenses | $0 |
| Total functional expenses | $692,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $231,819 |
| Savings and temporary cash investments | $174,339 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $201,941 |
| Inventories for sale or use | $105 |
| Prepaid expenses and deferred charges | $38,216 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,425,251 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,074,171 |
| Accounts payable and accrued expenses | $6,245 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,245 |
| Net assets without donor restrictions | $1,853,664 |
| Net assets with donor restrictions | $214,262 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,074,171 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Eugene Public Library Foundation has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
Pape Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $250 |
Endowment Analysis
| Beg. Balance | $1,434,752 |
| Earnings | -$74,579 |
| Admin Expense | $10,488 |
| Net Contributions | $125,000 |
| Grants | $49,434 |
| Ending Balance | $1,425,251 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
U C San Diego Foundation La Jolla, CA | $1,658,962,820 | $199,905,173 |
California State University Fresno Foundation Fresno, CA | $305,581,286 | $82,049,002 |
University Corporation At Monterey Bay Seaside, CA | $199,917,843 | $49,155,763 |
San Jose State University Research Foundation San Jose, CA | $57,091,451 | $53,661,013 |
University Of Nevada-Reno Foundation Reno, NV | $310,760,494 | $35,673,494 |
The U C Davis Foundation Davis, CA | $716,342,130 | $110,976,640 |
Southwestern Law School Los Angeles, CA | $126,801,745 | $54,692,632 |
Associated Students Ucla Los Angeles, CA | $54,580,827 | $39,327,069 |
Csu Fullerton Auxiliary Services Corporation Fullerton, CA | $104,352,109 | $45,637,535 |
New Schools Fund Oakland, CA | $55,397,321 | $41,218,694 |
Chico State Enterprises Chico, CA | $47,170,077 | $46,861,327 |
Ilead California Charters 1 Acton, CA | $20,389,401 | $46,593,851 |