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(217) 477-5223 ext. 114 | Cathy Reardon, Director
Danville Library Foundation
319 N. Vermilion St., Danville, IL 61832
The Danville Library Foundation's mission is to increase community support for the Danville Public Library by raising and managing funds:
- To broaden and enhance library services
- To promote educational and cultural opportunities
The Danville Library Foundation is a 501(c)(3) tax-exempt organization as determined by the Internal Revenue Service.
Purpose
The general purposes for which the foundation is organized are to solicit, establish and maintain, through receipt of gifts, donations, legacies, devices and fund-raising activities, a fund or funds of personal property or real property, wheresoever situated, or both, and to use and apply the whole principal and income thereof exclusively for the following charitable, scientific or educational purposes:
- To aid, develop and promote in providing adequate facilities for the Danville Public Library, which would include, but not be limited to, new construction, remodeling, preservation and development of its Danville Public Library Facilities.
- To promote interest in and use of the Danville Public Library and its facilities by the public through broad public informational activities.
- To promote and aid in communicating with the general public, other corporations, foundations, agencies or other associations interested in the promotion, use, support and improvement of the Danville Public Library.
- To organize and maintain a membership of library supporters who shall be called Friends of the Danville Public Library.
History of the Library and Foundation
The Danville Public Library was established in 1883. A nine member Board of Trustees appointed by the Mayor governs the library. More than 80% of its annual operating budget comes from local property taxes in an amount approved by the Mayor and Danville City Council. An annual grant from the Illinois State Library provides approximately 40% of the library’s book budget.
The library has 162,000 books for children and adults; 4,000 videos, 6,200 recordings of music and books on tape and compact disk; and 1,600 rolls of microfilmed newspapers and vital records pertaining to Vermilion County. The library also maintains subscriptions of 14 area and state newspapers and 338 magazines. On an average the library circulates over 300,000 items a year. The library is open 61 hours per week, Monday through Saturday, and is visited by an average of 600 people per day.
The library offers 4 unfiltered public Internet stations for adults over 18. A parent must accompany children under 18. The Children’s Department offers 6 networked computers and 8 stand-alone computers for use by children and adults for word processing and educational programs. The library offers a large meeting room and a small conference room for use by the public. Between forty and sixty community organizations use the rooms per month.
The library is a member of the Lincoln Trails System, a multi-type library consortium spanning nine counties in East Central Illinois. The library’s holdings are included in a database of more than 1 million titles, with access to libraries' collections throughout the state and the world.
The first volunteer group organized to help support the Danville Public Library was The Friends of the Danville Public Library, organized by the Altrusa Club of Danville in 1987. The Friends recruited volunteers to run the annual book sale, hosted book signings by Vermilion County authors, and held quilt raffles to raise funds for the library.
In 1986, a committee of the Danville Noon Kiwanis Club contributed all the legal work to officially establish the Danville Library Foundation for the purpose of providing adequate facilities for the Library. It also was to communicate with the public to promote interest and support in the library. The Foundation was incorporated January 1, 1987 with the initial meeting of the board on January 16, 1990.
The Foundation Board can consist of up to 20 volunteer members with three-year terms with one-third the members being elected or reelected each year. Ex-officio members on the Board are the Director of the Library and the President of the Library Board of Trustees. The Board is scheduled to meet quarterly with potential special meetings called throughout the year. Committees are appointed by the board and are also working throughout the year. Committees on the Board consist of Executive, By-Laws, Friends, Nomination, Fund Development, Finance, and Donors Recognition.
In the 1993 to 1996 building campaign, “Bring the Dream Alive in ‘95”, the Foundation worked with the library staff, the Board of Trustees, and community volunteers to raise $1.5 million for the building of the new 39,800 square foot facility and all its new furnishings. Community support was tremendous with over 1300 donors contributing to the campaign.
The Foundation today continues to work to support the Danville Public Library. The Foundation has since hired a Director of Development/Executive Officer to assure the continued growth of the Foundation endowment funds for the benefit of the library in the future.
Save the Date: October 27 is the Foundations's From Page to Stage Volume II: The Spark of Creation, a music and performing arts fundraiser benefiting the library. Stay tuned for further details...
From the Executive Director's Desk
Think about the first gift you made to the Danville Library Foundation. For some of us it may have been in recent days and for others it may have been many, many years ago.
Every person has his or her own good reasons for making a charitable gift. Those reasons are often firmly attached to a set of personal core values, for instance the strong feeling of promoting literacy and education to children and families in our community, especially those who are the most vulnerable and at risk.
In essence, we follow in the footsteps of our values and beliefs. Where do those footsteps lead? Your library plays so many unique roles in our daily lives. Depending on your interests, it can be your study, your office, a movie theatre, or community hearth where you can gather with friends or simply escape with a good book. The trust and sense of belonging that people feel about the library helped drive the 189,582 visits last year.
If you have ever wondered how your gift makes a difference, all you have to do is look around your library. You will see the smiling faces of children who are engaged in a program or story time. You will see tutors and mentors helping children with homework or quietly sharing a conversation. You will see the community enjoying movies and discussion groups. You will see new technology including computers, videos, audio-books and E-books.
Gifts from people who love the library -- like you -- help us enhance the rich diversity of resources and programs you’ve come to expect and enjoy. We encourage you to consider making a gift to the Danville Library Foundation.
By following in the footsteps of your values and beliefs, you help us to continue providing the kinds of welcoming spaces and important services that can transform lives. For this, we are all truly grateful.
Cathy Reardon
Executive Director
2012-2013 Danville Library Foundation Grants
The Danville Public Library and residents of our community will benefit in the upcoming year from $36,940 in grants recently awarded from the Danville Library Foundation.
· $15,000 to upgrade technology at the library
· $6,000 to enhance the library’s collection
· $4,245 to purchase a new disc cleaner to clean Blu-Ray discs
· $4,000 to produce and distribute quarterly library newsletters
· $2,500 to purchase an exhibit display system for use in the library
· $1,375 to purchase books for children attending Books Aloud @ Your Library week
· $1,000 to provide transportation to children to attend Books Aloud @ Your Library
· $1,000 to purchase high-powered magnifiers for residents with vision challenges
· $720 for “Public Performance Rights for Movies at the Library”
· $500 for exterior building repairs
· $300 for the fourth annual lecture in the “Intercultural Exchange on the Eurasian Silk Roads”
· $300 to purchase books and materials for the library regarding the “Intercultural Exchange on the Eurasian Silk Roads”
As always these grants were made possible by the generosity and support of our donors. Everyone who supported "From Page to Stage ~ Volume I" whether by attending, becoming a sponsor, performing in the show or donating items for the live auction deserves our special gratitude. The Foundation also thanks our Board of Directors, participants in the Used Books Sales, and all of the individuals and organizations who support and sustain the foundation and its mission through generous gifts and grants.
Download our printable donation form
The Foundation provides vital support to the Danville Public Library. Gifts and donations from individuals, businesses and foundations are critical to providing additional resources for both on-going and special projects at the Danville Public Library.
The Foundation offers several gifting options from general support to restricted program support. The various gifting options are as follows:
- General Endowment
- Technology Endowment
- Annual Fund
- Dr. Angelo and Alberta Anaclerio Endowment
VARIOUS GIFT FORMS ARE ACCEPTED:
Gifts of Cash
Gifts of cash may be made outright or pledged over a period of up to five years. Checks should be made payable to the Danville Library Foundation. If you are an itemizer, your gift is fully tax deductible up to 50 percent of your adjusted gross income. Any excess may be carried forward for up to five years. You may designate the use of your gift, by enclosing a statement regarding its use.
Gifts of Appreciated Property
If you own stocks, bonds, mutual funds or other assets that have increased in value since the time of purchase, you may find it advantageous to give them to the Danville Library Foundation. Your outright gift of long-term, appreciated securities is exempt from capital gains taxes and, if you itemize, you may claim a charitable income tax deduction equal to the full fair market value of the property at the time of transfer. For gifts of property, your gift is fully deductible for up to 30 percent of your adjusted gross income, and like gifts of cash, may be carried forward for up to five years.
Life Income Gifts
Donor may make a gift to the Danville Library Foundation and receive direct financial benefits including an income for life for the donor and/or the donor’s spouse, and a charitable income tax deduction. There are several options including the charitable gift annuity, the deferred gift annuity and the pooled income fund. These options require a minimum gift of $5,000, and the gift may be designated to benefit any department or program at the Danville Library Foundation.
Charitable Remainder Trusts
A charitable remainder trust is a personalized life income gift that provides a donor with a lifetime income and a charitable income tax deduction. The donor selects the payout rate, usually between 5 and 7 percent providing the donor, and the donor’s spouse, with an income every year for life. The higher the payout rate, the lower the charitable tax deduction. If the donor funds the trust with appreciated securities, the donor will avoid capital gains taxes. The donor selects the trustee who may invest in almost any investment including tax free bonds. Donors may designate the remainder of their trust to benefit any program or department.
Gifts of Real Estate
You can make a gift of commercial or residential real estate to the Danville Library Foundation and receive substantial benefits. For an outright gift of real estate, the donor receives a charitable income tax deduction based on the fair market value (appraised value) of the property. If you are considering leaving your home to the Danville Library Foundation through your will, you may wish to consider giving it now but retain the right to live in it during your lifetime. You are still responsible for paying taxes, insurance, and maintenance costs, but you do receive a substantial charitable income tax deduction in the year the gift is made. In some cases, real estate may be used to provide a life income stream through a charitable remainder trust or other gift planning option.
Estate Planning
For many donors, a gift made through a will or trust is the most realistic way to make a major gift. Property, including cash, securities, jewelry, works of art, and real estate, may be given through a will or trust. Through estate planning provisions, a donor may leave to the Danville Library Foundation a specific dollar amount, for example, $100,000 or a specific percentage, such as 25% of the estate. The donor may stipulate whether the bequest is for the general support of the Danville Library Foundation or for a specific purpose. A bequest may also be made in honor or memory of another individual. All outright bequests to the Danville Library Foundation are exempt from federal estate taxes.
If you are interested in talking to the Executive Director about gifting programs, gifting options, or establishing an endowment in memory or in honor of someone, please call the Foundation office at 217.477-5220 Ext. 114.
Officers & Board of Directors
Cathy Reardon, Director of Development and Executive Director
Board of Directors 2011-2012 |
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Expiring Annually Leadership Danville Seat:
Normal 3 year terms (up to 4 consecutive terms) Two Open Seats on Board of Directors |
Expiring May 2012
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Expiring May 2013
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Expiring May 2014
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Officers President – Gary Resh Ex-Officio Board Members Barb Nolan |
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