UPDATE: The full text report discussed in the article below is available online from the publisher. You can access it here (13 pages; PDF).
Library foundations supporting presidential and public libraries have an estimated combined $2.5 billion.
The total represents the assets of 1,300 library investment portfolios in the U.S., although the bulk of the assets is concentrated in the 25 largest, accounting for $2.2 billion.
The segment is a fertile area for growth as municipal libraries, facing government budget restraints, look to build their foundation’s source of funding, Mr. [Walter J.] Dillingham [New York-based managing director-endowments and foundations and co-author of the study] said in an interview.
Read the Complete Article
Direct to List of Top 25 Library Foundations
Ranked by Total Assets.
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