Educational Institutions

GENEVA LIBRARY FOUNDATION

Quick Facts

Geneva, IL

Mission

The Geneva Library Foundation was established in 2005 to provide a substantial, permanent, and stable source of funds to support the Geneva Public Library. It is recognized by the IRS as a 501(c)(3) charitable organization and the State of Illinois as a Not for Profit Corporation.

Ruling Year

2012

Principal Officer

Mr. Michael J. Longo

Main Address

127 James St

Geneva, IL 60134 USA

Keywords

Community 501c3 Geneva Public Library District

EIN

45-3694631

 Number

3883472690

Cause Area (NTEE Code)

Libraries, Library Science (B70)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Social Media

Programs + Results

What we aim to solve

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Our programs

What are the organization's current programs, how do they measure success, and who do the programs serve?

SOURCE: Self-reported by organization

Speaker Series

Grants to the Geneva Public Library

Book and Bag It

Where we work

Charting Impact

Five powerful questions that require reflection about what really matters - results.

SOURCE: Self-reported by organization

What is the organization aiming to accomplish?

What are the organization's key strategies for making this happen?

What are the organization's capabilities for doing this?

How will they know if they are making progress?

What have they accomplished so far and what's next?

The Geneva Library Foundation was established in 2005 to provide a substantial, permanent, and stable source of funds to support the Geneva Public Library. The Foundation has made grants to the Library that have provided patrons with benefits to supplement public support. The Foundation has also provided community enrichment through the Speaker Series on topics as diverse as the discovery of the Higgs Boson to first-person accounts of Civil Rights marches with Martin Luther King, Jr. to interstellar travel to Mars.

The Geneva Library Foundation supports the Library's vision to be a valued and innovative community resource that empowers residents to seek knowledge, create ideas, and achieve dreams.

The strategies for attaining our goals are fundraising through annual fundraising, end of year letter solicitation, Amazon Associates program and Planned Giving Program.

We have board members that have varied backgrounds including Law degree, Chartered Financial Analyst (CFA), Engineering, Computer Science, Marketing and Recruiting.

The Geneva Library Foundation measures it's progress through monthly meetings. Here a Treasurer report detailing all expenses, income and assets is discussed and used to indicate financial progress.

We have accomplished creating a small endowment fund that is well past $100,000 in less than 10 years while also giving significant grants to the library and created programs like the Speaker Series to supplement public support. We are not yet at the $1M level in invested assets, this is the goal to provide more substantial financial support for a public institution.

External Reviews

Financials

GENEVA LIBRARY FOUNDATION

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  • Address, website and contact information
  • Forms 990 for 2019, 2018 and 2012

Operations

The people, governance practices, and partners that make the organization tick.

Need more info?

FREE: Gain immediate access to the following:

  • Address, website and contact information
  • Forms 990 for 2019, 2018 and 2012

Board Leadership Practices

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices.

SOURCE: Self-reported by organization

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?

Yes

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?

No

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?

Yes

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?

Yes

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?

No