2015 Annual Report - Lawrence Public Library Foundation

Lawrence Public Library Foundaon
Annual Report 2015
Lawrence Public Library Foundation | 2015 ANNUAL REPORT
For fiscal year ended December 31, 2015
Our Mission
The mission of the Lawrence Public Library Foundation is to provide long term, stable support
for the resources and services the library needs to meet the evolving educational, recreational,
and informational needs and interests of the community.
The Lawrence Public Library Foundation has three primary goals:
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Build and maintain an endowment fund to benefit the Lawrence Public Library.
Raise funds for Lawrence Public Library capital needs.
Seek out grant funding for the Lawrence Public Library.
The Lawrence Public Library Foundation is a not-for-profit 501c3 Kansas corporation, with its
offices located at 707 Vermont Street, Lawrence, Kansas 66044-2371. We commenced
operations in 1997. Our telephone number is (785) 843-3833, extension 131 and our web
address is www.lawrencepubliclibraryfoundation.org.
Directors do not receive any compensation for serving on the Board of Directors.
As of December 31, 2015, the Library Foundation was not party to any material pending legal
proceedings.
Letter from the Chair
April 25, 2016
To the Lawrence Public Library Board of Trustees:
The Lawrence Public Library Foundation Board of Directors is pleased to report the progress we
have achieved in the past year.
Building on the momentum of opening our beautiful new library, the Library Foundation
experienced another successful year of fundraising in 2015. Lawrence loves and trusts its public
library and people are using it in huge numbers – nearly 700,000 visited in 2015! In addition,
more than 51,000 people attended library programs and 3,400 meetings were held at the library.
Given this increased demand for library services, private funding is more important than ever.
The Lawrence Public Library Foundation is honored to help the library provide the best possible
programs and services to this community. While private funding cannot replace strong public
funding of the Lawrence Public Library, it is clear that the library cannot rely solely on tax dollars
to give children, teens, and adults full access to the information and services they need. More
than ever, concerned, civic-minded citizens who are committed to keeping the library strong and
vibrant have stepped up to support their Lawrence Public Library with private donations.
Here are just a few 2015 Library Foundation highlights:
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The Foundation contributed a total of $97,987 to library programs in 2015. These private
gifts supported projects ranging from storytelling furniture in the Readers Theater to a
new Music Storytellers Series featuring world class musicians sharing the stories that
influence their music.
The Second Annual Ross and Marianna Beach Author Series was held on October 15,
2015. Karen Russell, award-winning author of Swamplandia and Vampires in the Lemon
Grove presented an unforgettable evening of humor and stories.
The Foundation brought back Caddy Stacks in 2015.This popular family-friendly
fundraiser features an 18-hole mini golf course winding its way throughout the library.
The event raised $15,000 for the library’s summer reading program.
The Library Foundation was honored to receive a $230,000 bequest from the estate of
KU Librarian Ann Hyde. This generous gift was invested in the Foundation’s unrestricted
endowment to provide important supplemental funding to the library for years to come.
The Foundation’s endowment at Douglas County Community Foundation reached new
heights in 2015.Total endowed funds stood at $1,655,623 as of December 31, a 41%
increase from 2014 levels.
The Library Foundation’s total income in 2015 was $681,308.
The Foundation board is honored to support Lawrence Public Library. Our board includes
representatives from both the Lawrence Public Library Board of Trustees and the Friends of the
Lawrence Public Library. The link to these two groups is vital to our success and we look
forward to continued collaborations.
Finally, our achievements to date could not have been possible without the invaluable
contributions of the Foundation’s Board of Directors and Executive Director. I have enjoyed
serving as Chair of the Lawrence Public Library Foundation this past year. Working and
volunteering with such talented and dedicated individuals is an honor.
Sincerely,
Margie Coggins, 2015 Lawrence Public Library Foundation Chair
Directors
Name
Position
Director Since
Mary Kate Ambler
Director
2010
Beverly Billings
Director
2012
Chuck Blaser
Director
2007
Kate Campbell
Secretary
2013
Beth Cigler
Director/Friends
2011
Margie Coggins
Chair
2009
Laura Denneler
Treasurer
2009
Mark Emert
Director
2015
Brad Farmer
Director
2013
Jill Fincher
Director
2003
Brady Flannery
Director/Trustees
2014
Mary Gage
Director
2015
Joan Golden
Director/Trustees
2011
Thomas E. Howe
Director
2007
Alice Ann Johnston Vice Chair
2012
Brad Allen***
*Has option of an additional term.
**Filled board term of Gail Vick
***Library Director serving as ex-officio member
Year Term Expires
2016
2018
2016
2016*
2016
2017
2017
2018*
2016*
2017
2017
2017**
2017
2016
2018
Meetings of the Board of Directors
The Board of Directors held ten monthly meetings during the fiscal year ended December 31,
2015. The board met every month except for July and December.
Library Foundation Assets
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013:
2014:
2015:
$15,006.73
$183,419.07
$232,584.62
$224,811.05
$198,916.38
$199,883.29
$209,853.80
$264,203.22
$280,742.31
$352,732.73
$466,440.65
$1,022,155.40
$1,348,421.67
$1,732,293.29
$1,332,172.49
$1,845,070.80
Strategy
The Lawrence Public Library Foundation’s goal is clear: to raise private funds for the
library. The Foundation’s current goal is to increase its unrestricted endowment through
a planned giving program and steady annual contributions.
Support for Lawrence Public Library
The Library Foundation made great strides in 2015. Here is a quick summary:
Endowment: $552,456 in newly endowed funds at DCCF
Greatest Expectations Fund: $203,640 for humanities programs
National Endowment for the Humanities: $125,000 for humanities programs
New Stories Capital campaign: $50,970 in pledge payments
Maximino Martínez-Pérez Creativity Fund: $25,000
Kansas Health Foundation: $24,850 for The Health Spot
Rebecca Coan Local History Fund: $20,000
Simpson Foundation: $20,000 for unrestricted library needs
KU Libraries: $7,500 for Read Across Lawrence
Dr. Bob Reader program: $3,043 for children’s books
780s Series Launches with Music Legend Booker T. Jones
Thanks to a generous grant from the Harrison Family Fund of the Douglas County
Community Foundation, Lawrence Public Library launched its 780s series. This
program, named for the Dewey decimal range for music, invites musicians to share the
stories that influenced them. Lawrence was delighted as rock and roll legend Booker T.
Jones took center stage at Liberty Hall to talk about his 50+ years in the music business.
Joyce Steiner Weave A Tale Storytelling Workshop
The fifth annual Weave A Tale storytelling workshop was held September 30, 2015 in
conjunction with the Kansas and Missouri Library Associations’ joint conference. This
program is supported by a special fund created by the family of Joyce Steiner, a
longtime LPL children’s librarian. Each year, a guest storyteller is invited to conduct a
workshop for librarians and teachers in the region, as well as a public performance. The
2015 storyteller was Kendra Jones, Youth & Family Services Coordinator for the
Timberland Regional Library in Washington state.
Ross and Marianna Beach Author Series
The second annual Ross and Marianna Beach Authors Series took place on October 15,
2015. More than 350 people turned out for a presentation from award-winning author,
Karen Russell. Author of Swamplandia! and Vampires in the Lemon Grove, Ms. Russell
delighted the audience with humorous stories of her life as a writer. The series is made
possible through a generous grant from the Ross and Marianna Beach Foundation and
the National Endowment for the Humanities.
Greatest Expectations (NEH) Fundraising
The Library Foundation successfully completed its fundraising efforts for the Greatest
Expectations campaign in 2015. The Foundation’s July 31, 2015 report to the National
Endowment for the Humanities showed it has raised a total of $727,339 in gifts and
pledges for this exciting project. In turn, NEH awarded the Library Foundation a final
matching grant of $125,000 in 2015, completing its pledge of providing $275,000 to the
campaign. Annual earnings from the $1 million endowment will bring dynamic speakers
to the library, support community reading and literacy programs, and advance the
humanities through technology.
Lawrence Public Library Foundation
Financial Statements • As of December 31, 2015 and 2014*
Years Ended December 31,
2015
2014
Assets
$1,845,070.80
$1,361,904.54
Liabilities & Equity
$1,845,070.80
$1,361,904.54
Total Income
$681,308.18
$718,127.81
Total Expenses
$130,783.76
$1,124,812.65
Net Income
$550,524.42
$-411,800.62
*unaudited financial statements
Foundation Address & Website
Lawrence Public Library
707 Vermont Street
Lawrence, Kansas 66044-2371
Phone: (785) 843-3833 x131
Fax: (785) 843-3368
Kathleen Morgan, Executive Director
Email: [email protected]
Website: www. lawrencepubliclibraryfoundation.org
Annual Meeting
An annual meeting is held each year upon the call of the Chair. The 2015 Annual
Meeting was held on April 25, 2016.
Independent Auditors
Mizehouser & Company
211 East Eighth
Lawrence, KS 66044
2015-2016 Donors
David and Mary Kate Ambler
Ingram Library Services
Ken and Katie Armitage
Mickey and Jane Imber
B.A. Green Construction Company
Larry Irick
Linda Bailey
Bud and Sheryl Jacobs
Howard Bauleke
Kansas Health Foundation
Bev Billings
Marty and Patty Kennedy
Chuck and Dee Blaser
KU Libraries
BNSF Foundation
Laird Noller Automotive
John and Judy Burch
Lawrence Memorial Hospital
Brower and Mary Burchill
Burdett and Michel Loomis
Capitol Federal Foundation
Don Marquis
Kate Campbell
Capital City Bank
Tom and Kay Carmody
Clark Coan
Marc Coan
George and Margie Coggins
Copy Co
Bill Crowe
Crown Automotive
Tom and Marilyn Dobski
Chris and Kaye Drahozal
Evan Williams Catering
Jill Fincher
Margey Frederick
Friends of the Lawrence Public Library
Ron and Colette Gaches
Jan McElwain
H. Neil Mecaskey Foundation, Inc.
Doni Mooberry
The Moore Family
Scott and Kathleen Morgan
National Endowment for the Humanities
Matt and Alice Neuman
The Paley Family
Craig and Cindy Penzler
Piersol Foundation, Inc.
Brad Pohl and Keturah Harding Pohl
Ranjbar Orthodontics
The Ross and Marianna Beach Foundation
Neil and Leni Salkind
Earl Schweppe
Bob and Evelyn Senecal
Simpson Foundation
David and Mary Gage
Val and Beth Stella
Jack and Jan Gaumnitz
Romaine Taylor and Claire Oxtoby
Steve and Bobbie Gish
US Bank Foundation
Web and Joan Golden
Hannah Vick
Jennifer Gorup
Kevan and Gail Vick
Gould Evans
Walmart Foundation
Harrison Family Fund
Jeff and Mary Weinberg
Stephen and Marcia Hill
Patricia Wittry
Al and Diane Horning
Eleanor Woodyard
Bill and Carolie Hougland
WOW! Cable, Phone and Internet
Estate of Ann Hyde
Frank and Kim Wright