Why does the Library need donations? Aren’t my taxes enough?
The Library’s total annual budget hovers around $2.6 million. Eighty-five percent of that is funded by taxes. That amount covers essentials, like building maintenance, utilities, salaries and benefits, and up to three-quarters of the collections. It doesn’t cover programs, community events, transformative technology and projects, and at least one-quarter of the collections budget. Your donations to the Foundation make all the difference between an adequate library and a library that is alive to ideas, inspiration, and innovation.
With your donations~
- the Library can meet community demand for books, films, music, magazines, and digital resources
- Library staff can create inviting spaces enriched by the latest technologies
- a Lexington scientist can launch the Science Cafe series
- a Lexington High School student’s dream of building a “Before I Die” wall can become reality
- staff members can propose and pilot events like the Fairy Tale Ball
- cultural groups can offer programs that widen our perspectives
- the Library can experiment with pilot projects, like e-Books
How are the Foundation’s funds administered?
The Foundation transfers donations to the Library Board of Trustees. The Trustees make the funds available to the Library Director to spend on materials, programs, technology, and capital needs in line with the Library’s Strategic Plan. The Foundation retains about $35,000 each year to cover administrative costs.
Are my donations tax-deductible?
Yes. The Cary Memorial Library Foundation is a 501(c)(3) charitable organization. (Tax ID number 04-3462996)
I have some ideas for the Library. Can the Foundation help?
Yes! Tell us what inspires you or what you want to do to inspire others. We’ll help you make connections with Library staff.
What is the difference between the Cary Memorial Library Foundation and the Friends of Cary Memorial Library?
The Foundation is the primary fundraising arm of Cary Library. The Foundation transfers donations to the Library Board of Trustees. The Trustees make the funds available to the Library Director to spend in line with the Library’s Strategic Plan.
The Friends are a membership organization. Membership dues and donations fund Friends-sponsored programs and events, including the semi-annual Used Book Sale (which is also a fundraiser) and the museum passes program. The Friends also engage in political advocacy on the Library’s behalf.
How can I get involved with the Foundation?
The Foundation is always looking for volunteers to help in the office, to work at events, and to serve on the Board of Directors. Get in touch–we’d love your help!