Rankings: Top 25 Library Foundations, New Research Shows Assets of $2.5 Billion
UPDATE: The full text report discussed in the article below is available online from the publisher. You can access it here (13 pages; PDF).
From Pension and Investments:
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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Filed under: Funding, Interviews, Libraries, News, Profiles, Public Libraries, Publishing
About Gary Price
Gary Price (gprice@gmail.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com.