Pacific Grove Public Library Foundation
Pacific Grove Public Library Foundation
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About this organization
Revenue
$779,982
Expenses
$5,451
Mission
The Pacific Grove Public Library Foundation was established as non-profit public benefit corporation under California law. The Foundation's purpose is to develop a source of long-term financial support for the Pacific Grove Public Library that will supplement, but not supplant, public funding for the library.
About
Fiscal: The Foundation took part in a $2.5 million dollar campaign to fund a comprehensive library remodel and renewal project scheduled to begin in 2019. The seed money for this undertaking was $586,000 in funds that had been previously raised for library improvements and was supplemented by community donations, grants and a $400,000 pledge from the City of Pacific Grove.Partnerships: The Foundation worked with the City of Pacific Grove, the Friends of the Pacific Grove Public Library, the Community Foundation of Monterey County and various community organizations and volunteers in a successful campaign to raise the necessary funds for the library renewal project.Board: the Foundation Board retained all the previous year members. It worked diligently with City personnel, architects and attorneys to ensure all aspects of the library renewal projects as well as the boards policies and positions were complete and accurate.
Interesting data from their 2020 990 filing
The filing outlines the non-profit's goal as “The pacific grove public library foundation was established as non-profit public benefit corporation under california law. the foundation's purpose is to develop a source of long-term financial support for the pacific grove public library that will supplement, but not supplant, public funding for the library.”.
When explaining its purpose, the activities were outlined as: “The pacific grove public library foundation was established as non-profit public benefit corporation under california law. the foundation's purpose is to develop a source of long-term financial support for the pacific grove public library that will supplement, but not supplant, public funding for the library.”.
- The non-profit's address for 2020 is listed as POBox 2025, Pacific Grove, CA, 93950 in the filing.
- As per the non-profit's form, they have 0 employees as of 2020.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is $774,531.
- The CEO's compensation policy within the organization is not established through a review and approval from a neutral party.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 0 independent voting members.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $1,871 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.