Mission: To enhance the Library’s ability to serve the community by raising private funds.
Vision: The Foundation will increase endowments and total revenues to fund programs that promote children’s literacy.
The Foundation is most concerned to fund programs and projects that will positively support children’s literacy. Our current focus is on supporting the Summer Reading Program so that more children can access and benefit from the Library’s resources. Another focus area is that of the Children’s Literacy Endowment.
The Foundation has raised more than $10.5 million of philanthropic support for the Sacramento Public Library. Revenue is generated by the Foundation through an annual giving program supported by donors; major gifts from individuals including donor-named and donor-advised funds; foundation grants and corporate sponsorships; direct mail; and many planned giving opportunities including bequests, Revocable Living Trusts, Charitable Gift Annuities, Charitable Remainder Trusts, and planned gifts of securities, retirement accounts, and life insurance plans.
Over the past seven years the Sacramento Public Library Foundation has created an operationally sustainable organization that can be used to build a significant foundation for the preservation and continuation of the Sacramento Public Library as the go-to learning and literacy resource in Sacramento. The board of directors is 100% invested and has established a clear and concise strategic plan. The Foundation has streamlined donor and financial systems to maximize fundraising capacity and financial oversight. We are now passionately moving toward bringing literacy resources and literacy organizations into the Library community. We believe that through professional fundraising capacity and community partnerships we will be able to play a significant role in giving children in Sacramento County the literacy opportunities they need to learn and grow.
Over the last 4 years the Library has implemented outreach standards, programs proven to support young people to finish the program, and a cohesive tracking mechanism to measure results. All of these pieces will now allow the library to grow this program with a systematic and measurable approach.
With the Foundation’s contribution, the Library was able to expand its reach and its impact from the year prior. The increased results in 2014 from 2013 are impressive and something the Foundation will continue funding. A total of 27,022 children 0-17 signed up, which is a 9.83% increase from 2013, and a total of 12,639 children 0-17 finished the program which is a 44% increase from 2013. Each child erased a year of the summer slide in their education and began the school year where they left off in June, and in many cases, a little ahead of where they left off.
The library tracks each individual who participates through an on-line self-reporting system that is available at the library or through the library's website. Data collected includes participant's age, school (if appropriate), library branch, books read, and returning participation.
* Books and Materials Endowment – Established in 2004 as a joint effort between the Foundation and Friends of the Sacramento Public Library, it makes an annual distribution to the library to increase materials including books, e-books, databases, movies, music and more. As of July 1 2014 it was valued at $1,220,868 and has distributed a total of $520,226 to the Library.
* Sacramento Room Endowment – established in 2007 for the Sacramento Room, it supports the digitization of the archive. As of July 1, 2014 the endowment was valued at $1,200,868 and has distributed a total of $142,764 to the Library.
*Children’s Literacy Endowment – Established in 2013, the Children’s Literacy endowment is designed to create sustainable programs for children’s literacy. We have completed a feasibility study and expect the campaign to officially launch in July 2015.
Endowment building is part of our fiduciary duty, and requires a strong infrastructure. The building of endowments balances the urgency of funding current programming with the responsibility of preparing for the future.
An endowment provides funds to capitalize on opportunities or expand strategically. It provides resources to respond quickly to critical needs. As the population served by the Sacramento Public Library expands and requires additional resources, the endowments will allow us to respond with more flexibility to as-of-yet-determined future needs.
The library provides reports to the Foundation on how they used each endowment distribution.
There’s a literacy crisis in our community and across our nation! Two out of every three 3rd graders do NOT read at grade level.
The Sacramento Public Library Foundation has joined with community partners and created a mechanism to bring attention, energy and resources to address Sacramento’s literacy crisis. With a history of investing in programs that make a difference for the community of readers and readers-to-be, the Sacramento Public Library Foundation views the Walk4Literacy as an essential step in building lasting collaborations with the power to increase literacy rates for our community’s children. Net proceeds from the first annual Walk4Literacy are made available via grants to local nonprofit organizations impacting children’s literacy.
Our Goal? Help every child reach grade-level reading, raise a conversation around literacy, and involve a broad cross-section of our community in this effort.
Indirect Public Support HelpIndirect public support represents revenue received through solicitation campaigns. This includes funding United Way and other federated fundraising organizations, but does not include donor designated contributions.
Earned Revenue HelpEarned revenue represents income generated in direct exchange for a product or service.Earned income includes income from government contracts.
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