Educational Institutions

Library Endowment Trust

  • Oklahoma City, OK
  • www.supportmls.org/endowment

Mission Statement

To grow the endowment to enhance our libraries.

Main Programs

  1. Annual Funds campaign
  2. Literary Voices
  3. Summer Reading
Service Areas

Self-reported

Oklahoma

The Metropolitan Library System's primary service area is Oklahoma County and Oklahoma City beyond the county boundaries.

ruling year

1988

Principal Officer since N/A

Self-reported

N/A N/A

Keywords

Self-reported

Libraries, Literacy, Endowment, Author Dinner, Literary Voices, Reading

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EIN

73-6227587

Also Known As

Library Endowment Trust

Contact

Cause Area (NTEE Code)

Libraries, Library Science (B70)

Raising & Fund Distribution (Aun)

Libraries, Library Science (B70)

IRS Filing Requirement

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

Programs + Results

How does this organization make a difference?

Programs

Self-reported by organization

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

Program 1

Annual Funds campaign

The organization undertakes an annual fundraising campaign targeting potential donors within the library's service area. The campaign's fundraising appeal generally also includes information about the programs and services of the library system which is benefited by donations to the Library Endowment Trust.

Category

Education, General/Other

Population(s) Served

Other Named Groups

General Public/Unspecified

Adults

Budget

$6,500

Program 2

Literary Voices

The Literary Voices author dinner is an event that seeks to raise awareness for the programs and services of the Metropolitan Library System and the Library Endowment Trust. Since 2003 the event has brought a series of internationally acclaimed authors to speak at the annual dinner. Featured speakers have included Dave Barry, Sue Grafton, Scott Turow, Mary Higgins Clark, David McCullough, Khaled Hosseini and former First Lady Laura Bush. A lifetime achievement award is generally given at the dinner to honor an individual who has demonstrated extraordinary support for libraries and literacy in the community. Funds raised by the dinner benefit the Library Endowment Trust.

Category

Arts, Culture & Humanities, General/Other

Population(s) Served

Other Named Groups

General Public/Unspecified

Adults

Budget

$96,300

Program 3

Summer Reading

For over 25 years the Metropolitan Library System has been offering Summer Reading as a program to the community. Enrollment in the Summer Reading Program assists in establishing a pattern of behavior where parents encourage yearlong learning for children. Year-round learning is important to mitigating summer learning loss later in childhood.The program is multi-faceted and includes hands-on education opportunities at local library branches that complement the theme of that year's Summer Reading Program. In 2014, the theme is "Science." Children that reach their reading goal of reading 600 minutes are given the choice of a book to keep that has been pre-selected for quality and appropriateness by librarians.

Category

Education, General/Other

Population(s) Served

Children and Youth (0 - 19 years)

General Public/Unspecified

Budget

185,000

Service Areas

Self-reported

Oklahoma

The Metropolitan Library System's primary service area is Oklahoma County and Oklahoma City beyond the county boundaries.

External Reviews

Source: greatnonprofits.org

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Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

Library Endowment Trust
Fiscal year: Jul 01-Jun 30
Yes, financials were audited by an independent accountant.

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Operations

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

Library Endowment Trust

Leadership

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2015, 2014 and 2014
  • Board Chair and Board Members
  • Access to the GuideStar Community
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Principal Officer

N/A N/A

Governance

BOARD CHAIR

Mr. Brian T. Alford

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Term: July 2014 - June 2016

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. Self-reported by organization


RESPONSE NOT PROVIDED

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?


RESPONSE NOT PROVIDED

CEO OVERSIGHT

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


RESPONSE NOT PROVIDED

ETHICS & TRANSPARENCY

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


RESPONSE NOT PROVIDED

BOARD COMPOSITION

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


RESPONSE NOT PROVIDED

BOARD PERFORMANCE

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