Financial Update: The Poudre River Library Trust serves as the philanthropic arm of our local public library system, raising funds and building an endowment to support the growth and vitality of the libraries that are so important to our community. The Library Trust is in sound financial health with assets of more than $275,000 invested at the Community Foundation. We have a goal of reaching 1 million dollars in our Endowment Fund to help provide for the future needs of the Poudre River Public Library District.
And A Challenge: On Tuesday, December 8, we will be participating again in Colorado Gives, the statewide effort to celebrate and increase philanthropy. This year's Colorado Gives donations will be devoted to endowment building and to STREAM (Science, Technology, Reading, Engineering, Arts and Math) learning activities. These activities include classes in interactive robotics, 3D printing, computer coding, artistic creation and more.
We are "raising the bar" and want to challenge ourselves and our supporters with the goal of doubling last year's donor participation and dollar donations. We know many of you have been part of Colorado Gives in the past and we appreciate your support of our libraries. You don't have to wait until December 8 to make your donation, but may begin November 1, to place your gift amount to the Poudre River Library Trust with Colorado Gives, and it will be activated on December 8.
The Poudre River Library Trust, Inc. was founded in 1999 by a dedicated group of library supporters. Trust board members, honorary board members and a small group of other private citizens committed start-up funds to establish the Trust.
The Trust has established a fund to ensure that the Poudre River Public Library District can respond to the increasing demands of an inquisitive, progressive and multicultural information society.
While the District has taxing authority, the revenue it raises from the annual mill levy are used to support the operational costs of the District's three libraries. Long-term capital needs will require raising additional funds from private, foundation and corporate sources.
The Trust's first goal is to support and enhance the Library's future facilities construction program. The second goal is to be able to continue the important community contribution that the Library District serves by working toward a million dollar endowment. The revenue earned from this endowment with give the libraries a way to enhance their reach into our community and to make up for funding that may be lost due to unforeseen perils in the future.
To this end the Trust is raising funds to support the long-term facilities expansion and enhancement of the Library District.
In a democracy free public libraries are the lifeline to information, education and pleasure for people of all ages and all financial conditions. Information and reading skills are essential to freedom and to a functioning community.
Providing this essential community service is the result of taxpayers' willingness to support our Library District. Our District's Strategic Plan calls for expansion of facilities that are greater than our tax support.
You can assure that our libraries continue to provide needed facilities and a secure future by contributing to the Poudre River Library Trust.
By working with an estate advisor you can give a gift in the future yet reap financial advantages today. Several ways to leave a legacy to your community include:
Estate planning is the process of how best to allocate your assets, with a minimum of expense and in line with your personal desires. Estate planning provides for management and disposal of your assets upon death and enables you to contribute to significant community endeavors that you support.
The Library Trust endowment is held with the Community Foundation of Northern Colorado (www.nocofoundation.org) which is a nonprofit organization that manages and administers more than 350 charitable funds and more than $70 million in assets. Donations to the funds are tax-deductible and grants from the funds are distributed to 501(c)(3) agencies.
To make a donation, we have streamlined our giving process. You may make your check out to Poudre River Library Trust and mail it to:
Or you may donate through our secure online system at www.ColoradoGives.com. Any amount and any method of payment is sincerely appreciated, and needed to help us make our Libraries Exceptional!
The Trust Board is always in need of fresh ideas and extra hands to pull off our efforts and make the Library District a success.
Put your talents and passions to work by helping us plan and coordinate fundraising and donor events, writing grants or doing administrative work.
Call (970) 221-6663 if you want to lend a helping hand!
The Poudre River Library Trust is directed by a citizen's board whose members include:
Please feel free to contact any of these Poudre River Library Trust Board members at 970-221-6694 with questions. Each of these citizen members has made a long-term commitment to the Poudre River Public Library District.
The Poudre River Library Trust is a 501 (c) 3 non-profit organization. Bequests, legacies, devises, transfers, or gifts to the Trust are tax deductible to the full extent of the law. Poudre River Library Trust funds are invested and managed by the Community Foundation of Northern Colorado (CFNC).
Thank you for considering making a commitment to the future of your Poudre River Public Library District and the well-being of your community.