When the Lincoln County Library Foundation began fundraising for the Endowment Challenge back in 2008, staff, board and library patrons committed to working hard in order to take full advantage of this tremendous opportunity. The opportunity is receipt of a two-to-one match from the state on donations to the endowment fund, and the challenge is reaching the maximum dollar amount allowable for the match: $348,913.
The past few months have brought us significantly closer to reaching our goal. When we started the annual fundraising campaign last spring, we had just over $100,000 in donations. Today, the donation total stands at $235,342. With matching dollars of $470,684 and the $100,000 all libraries received when they fundraised $1 million cumulatively, the Lincoln County Library Foundation Endowment Fund stands today at $806,026.
We are immensely grateful for the generosity of endowment fund donors. When we think about the earnings that the endowment will generate and what those earnings will mean for the library over decades to come, we realize the enormity of the opportunity offered to county libraries by Wyoming legislators. With endowment earnings, we can sponsor early literacy initiatives like the Born to Read program, bring in guest authors, expand digital resources, improve functionality with new equipment and furnishings and promote reading for every age.
Even as we take time to celebrate today’s total, we are aware that the opportunity remains to receive the match on an additional $113,271 in donations. We have until June 30, 2017 to reach that goal and ask for your continued support. You can mail your tax deductible donations to the Lincoln County Library Endowment Fund, 519 Emerald Street, Kemmerer, WY 83101 or donate online by choosing “Foundation” at the top of this page.
Lincoln County Library Foundation Board