2024-03-19T15:54:39-04:00 2023-06-30 201416603 BALDWIN CPAS PLLC 713 W MAIN ST RICHMOND KY 404751351 990 2022-07-01 610969361 LOUISVILLE FREE PUBLIC LIBRARY FOUNDATION INC LOUI 5027541702 301 YORK STREET LOUISVILLE KY 402032257 CHANDRA GORDON EXECUTIVE DIRECTOR 5027541702 2024-03-19 true CHANDRA GORDON 999009999 true MYRON D FISHER P00078455 8596269040 2024-03-19 2022 2023-04-26 12:10:37Z CHANDRA GORDON 301 YORK STREET LOUISVILLE KY 40203 2832146 false X WWW.LFPLFOUNDATION.ORG X 1980 KY TO ENHANCE THE PROGRAMS AND SERVICES OF THE LOUISVILLE FREE PUBLIC LIBRARY 22 22 5 82 0 858240 2035543 0 552222 796603 0 1410462 2832146 956821 1186075 0 415962 500346 27142 330827 149448 265387 1522231 1978950 -111769 853196 17619266 19528384 6634110 7293423 10985156 12234961 X THE PURPOSE OF THE FOUNDATION IS TO ENHANCE THE PROGRAMS AND SERVICES OF THE LOUISVILLE FREE PUBLIC LIBRARY. false false 1406631 1186075 IN FY23, THE LIBRARY FOUNDATION PROVIDED 1.1 MILLION IN DIRECT PROGRAM SUPPORT FOR THE LOUISVILLE FREE PUBLIC LIBRARY (LFPL), WHICH OFFERS FREE, YEAR-ROUND PROGRAMS AND RESOURCES AT 17 LIBRARY LOCATIONS. ONGOING PROGRAMS THAT ARE UNDERWRITTEN, IN PART, BY THE LIBRARY FOUNDATION RANGE FROM EARLY CHILDHOOD EDUCATION PROGRAMS (STORYTIME, 1000 BOOKS BEFORE KINDERGARTEN CHALLENGE, ETC.) TO ACT/SAT PREPARATION FOR TEENS, TO ADULT BOOK DISCUSSION GROUPS, AUTHOR EVENTS, SHORT COURSES ON A VARIETY OF TOPICS, IMMIGRANT SERVICES SUCH AS CITIZENSHIP STUDY GROUPS AND ENGLISH CONVERSATION CLUBS, AND WORKFORCE DEVELOPMENT TOOLS AND RESOURCES. WITH THE SUPPORT OF THE LIBRARY FOUNDATION, LFPL OFFERED ANNUAL EVENTS THAT INCLUDED THE HOW-TO FESTIVAL, SUMMER READING, AND THE "BOOKS AND BREWS" ADULT WINTER READING PROGRAM. PATRONS ALSO HAD FREE ACCESS TO COMPUTERS, INTERNET, AND LFPL'S ONLINE RESOURCES, INCLUDING EDUCATIONAL PLATFORMS SUCH AS LINKEDIN LEARNING AND TREEHOUSE (AN ONLINE PLATFORM WITH WEBSITE AND CODING CLASSES). IN FY23, THE LIBRARY FOUNDATION SUCCESSFULLY GRANTED FUNDS TO THE LFPL ALLOWING THEM TO: "PURCHASE AND GIVE AWAY 36,990 BOOKS WITH DIVERSE THEMES TO MORE THAN 36,440 TODDLERS AND THEIR PARENTS/CAREGIVERS THROUGH OUTREACH IN UNDERSERVED NEIGHBORHOODS VIA THE CHILDREN'S BOOKMOBILE AND BOOK BIKE. " HOST THE SECOND YEAR OF THE "ONCE UPON AN ORCHESTRA," A UNIQUE PARTNERSHIP BETWEEN THE LOUISVILLE ORCHESTRA AND LFPL THAT BROUGHT FREE, LITERACY-THEMED ORCHESTRA PERFORMANCES TO 1,436 CHILDREN AT ALL 17 LIBRARY BRANCHES. THE PROGRAM WAS SO POPULAR THAT FAMILIES WERE TURNED AWAY AT SEVERAL BRANCHES DUE TO LACK OF SPACE " IMPLEMENT THE 2023 SUMMER READING PROGRAM, WHICH HELPED 41,934 YOUTH READ 386,272 BOOKS AND ENGAGE IN 1,239 PROGRAMS PROVIDED BY LIBRARIANS FOR FAMILIES ACROSS THE LFPL SYSTEM. " THE LIBRARY FOUNDATION PREMIERED ITS SIGNATURE CIVIC ENGAGEMENT AND COMMUNITY ADVOCACY EVENT, "A NIGHT AT THE LIBRARY," ON APRIL 14, 2023, AT THE MAIN LIBRARY IN DOWNTOWN LOUISVILLE. 250 OF LOUISVILLE'S TOP INFLUENCERS, PHILANTHROPISTS, THOUGHT LEADERS, AND LIBRARY ADVOCATES GATHERED TO DISCUSS AND PROMOTE THE FAR-REACHING SOCIAL AND ECONOMIC IMPACT OF LFPL WHILE RAISING FUNDS TO ASSIST THE LIBRARY FOUNDATION'S WORK IN SUPPORTING LFPL'S INITIATIVES. THE EVENT FEATURED AN EDUCATIONAL DISCUSSION BY SOCIOLOGIST ERIC KLINENBERG, THE CELEBRATED AUTHOR OF "PALACES FOR THE PEOPLE." IN ADDITION TO SUPPORTING LIBRARY PROGRAMMING, THE LIBRARY FOUNDATION INITIATED COMPREHENSIVE ADVOCACY AND ENGAGEMENT WITH ELECTED OFFICIALS, LOCAL CITIZENS, AND BUSINESSES TO EDUCATE AND INFORM THEM ABOUT THE RESOURCES AND MANY FREE SERVICES OFFERED AT THE LFPL. 1406631 true true false false false false false true true true true true false true true true true false false false false false false true false false false true false false false false false false false false false false true true false false false false false false false true 3 0 true 5 true false false false false false false false false false false false false X 22 22 false false false false false false false true true false false true true true true true true true true false KY X X CHANDRA GORDON 5027541702 301 YORK STREET LOUISVILLE KY 402032257 CHANDRA GORDON EXECUTIVE DI 40.00 X 111059 0 32530 CHRIS GARRETT CHAIR 2.00 X X 0 0 0 MELANIE MCCOY VICE CHAIR 2.00 X X 0 0 0 LEE BURCHFIELD SECRETARY 2.00 X X 0 0 0 BRIAN STIVERS TREASURER 2.00 X X 0 0 0 LIZ AMICK DIRECTOR 1.00 X 0 0 0 DR ASHLEY ANDERSON DIRECTOR 1.00 X 0 0 0 WALEED BAHOUTH DIRECTOR 1.00 X 0 0 0 KENDALL BOYD DIRECTOR 1.00 X 0 0 0 FLORENCE CHANG DIRECTOR 1.00 X 0 0 0 FRANNIE M COX DIRECTOR 1.00 X 0 0 0 LISA DEJACO CRUTCHER DIRECTOR 1.00 X 0 0 0 MARCIE DEFFENBAUGH DIRECTOR 1.00 X 0 0 0 JENNIFER GLASSNER DIRECTOR 1.00 X 0 0 0 BRIAN GUPTON DIRECTOR 1.00 X 0 0 0 FRANK HARSHAW DIRECTOR 1.00 X 0 0 0 CARRYE JONES DIRECTOR 1.00 X 0 0 0 KATHY KNOTTS DIRECTOR 1.00 X 0 0 0 VIRGINIA LEE DIRECTOR 1.00 X 0 0 0 KATHRYN LUTTNER DIRECTOR 1.00 X 0 0 0 DR PHYLLIS METCALF-TURNER DIRECTOR 1.00 X 0 0 0 DARO MOTT DIRECTOR 1.00 X 0 0 0 ALLISON STRICKLAND DIRECTOR 1.00 X 0 0 0 MALCOLM B CHANCEY JR DIRECTOR EME 1.00 X 0 0 0 111059 32530 1 false false false 100000 1935543 192268 2035543 436074 436074 360529 360529 360529 360529 2832146 360529 436074 1186075 1186075 118088 29522 29522 59044 265052 66263 66263 132526 57496 14374 14374 28748 31279 7820 7820 15639 28431 7503 4944 15984 13855 749 11509 1597 27142 27142 49677 4746 44931 17665 17547 118 27531 2378 20086 5067 13153 1510 8425 3218 7529 7529 8542 8542 CIVIC EVENT 95212 85691 9521 OTHER FUNDRAISING 21961 21961 DONOR MAILINGS 10262 10262 1978950 1406631 241492 330827 308978 62129 33440 108795 7432 4803 42144 27675 20078 14469 5086628 5870103 5653963 6267867 6508747 7200218 17619266 19528384 36982 37292 6508055 7200218 89073 55913 6634110 7293423 X 1341085 1748915 9644071 10486046 10985156 12234961 17619266 19528384 X 853196 1088772 -692163 X false true X true false X 1697503 1536340 1640995 858240 2033742 7766820 1697503 1536340 1640995 858240 2033742 7766820 1860023 5906797 392892 336960 280707 353805 436074 1800438 70500 70500 9637758 0.61290 0.65160 X PART II, LINE 10 FORGIVENESS OF PPP LOAN 70,500 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false true X 8574764 26000 937632 372855 9165689 10293341 280000 -1362152 636425 8574764 8564224 2368849 639732 10293341 8603835 225 292299 332135 8564224 8522043 992294 397973 1308475 8603835 0.72400 0.27600 true false 42144 27675 14469 14469 BENEFICIAL INTEREST IN ASSETS HELD B 6267867 F 6267867 RESTRICTED INV 7200218 7200218 DUE TO LIBRARY 55913 55913 X 4732263 1088772 1088772 3643491 -811345 -811345 2832146 1859768 1859768 119182 119182 1978950 SCHEDULE D, PAGE 2, PART IV, LINE 2B THE FOUNDATION HOLDS FUNDS OWNED BY THE LIBRARY ADVISORY COMMISSION, A COMMISSION FORMED BY LOCAL ORDINANCE. THE FOUNDATION HOLDS AND INVESTS THE ASSETS AND DISBURSES THEM WHEN AUTHORIZED BY THE COMMISSION. THE FUNDS ARE REPORTED ON THE BALANCE SHEET AS RESTRICTED INVESTMENTS (ASSETS) AND CUSTODIAL FUND (LIABILITY). SCHEDULE D, PAGE 2, PART V, LINE 4 THE LIBRARY FOUNDATION HOLDS FOUR SEPARATE ENDOWMENT FUNDS WITH THE FOLLOWING INTENDED USES: NEW BOOK ENDOWMENT FUND-SUPPORTS THE PURCHASE OF NEW BOOKS AND MATERIALS AT THE LOUISVILLE FREE PUBLIC LIBRARY CHILDREN'S PROGRAM ENDOWMENT FUND-SUPPORTS CHILDREN'S PROGRAMMING AT THE LOUISVILLE FREE PUBLIC LIBRARY SCHOLARSHIP ENDOWMENT FUND-FUNDS SCHOLARSHIPS FOR STAFF MEMBERS OF THE LOUISVILLE FREE PUBLIC LIBRARY PURSUING A MASTER'S DEGREES IN LIBRARY SCIENCE CRAIG BUTHOD AUTHOR SERIES ENDOWMENT FUND-SUPPORTS THE CRAIG BUTHOD AUTHORS SERIES PROGRAM THAT BRINGS AWARD WINNING AND NEW YORK TIMES BESTSELLING AUTHORS TO LOUISVILLE FOR SPEAKING ENGAGEMENTS AT THE LOUISVILLE FREE PUBLIC LIBRARY SCHEDULE D, PAGE 3, PART X THE FOUNDATION IS EXEMPT FROM FEDERAL, STATE, AND LOCAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B) (1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). MANAGEMENT HAS CONCLUDED THAT ANY TAX POSITIONS THAT WOULD NOT MEET THE MORE-LIKELY-THAN-NOT CRITERION OF FASB ASC 740-10 WOULD BE IMMATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT INCLUDE ANY PROVISION FOR UNCERTAIN TAX POSITIONS, AND NO RELATED INTEREST OR PENALTIES HAVE BEEN RECORDED IN THE STATEMENT OF ACTIVITIES OR ACCRUED IN THE STATEMENT OF FINANCIAL POSITION. SCHEDULE D, PAGE 4, PART XI, LINE 4B SFAS 136 -811,345 SCHEDULE D, PAGE 4, PART XII, LINE 4B SFAS 136 119,182 X X X X X true ASHLEY ROUNTREE 2525 NELSON MILLER PARKWAY LOUISVILLE KY 40223 CONSULTING false 772989 27142 745847 772989 27142 745847 KY SCHEDULE G, PAGE 1, PART I, LINE 2B, COLUMN (V) ASHLEY ROUNTREE FLAT FEE AGREEMENT true LOUISVILLE FREE PUBLIC LIBRARY 301 YORK ST LOUISVILLE KY 40203 GOV 1181075 5000 BOOK SEE PT IV EXPLAIN 1 SCHEDULE I, PAGE 4, PART IV PART II, LINE 1, COLUMN (H) PURPOSE OF GRANT OR ASSISTANCE ENHANCE THE PROGRAMS AND SERVICES OF THE LOUISVILLE FREE PUBLIC LIBRARY. X 1 5000 FAIR MARKET VALUE X 1 187268 FAIR MARKET VALUE false true false FORM 990, PAGE 2, PART III, LINE 4A IN FY23, THE LIBRARY FOUNDATION PROVIDED 1.1 MILLION IN DIRECT PROGRAM SUPPORT FOR THE LOUISVILLE FREE PUBLIC LIBRARY (LFPL), WHICH OFFERS FREE, YEAR-ROUND PROGRAMS AND RESOURCES AT 17 LIBRARY LOCATIONS. ONGOING PROGRAMS THAT ARE UNDERWRITTEN, IN PART, BY THE LIBRARY FOUNDATION RANGE FROM EARLY CHILDHOOD EDUCATION PROGRAMS (STORYTIME, 1000 BOOKS BEFORE KINDERGARTEN CHALLENGE, ETC.) TO ACT/SAT PREPARATION FOR TEENS, TO ADULT BOOK DISCUSSION GROUPS, AUTHOR EVENTS, SHORT COURSES ON A VARIETY OF TOPICS, IMMIGRANT SERVICES SUCH AS CITIZENSHIP STUDY GROUPS AND ENGLISH CONVERSATION CLUBS, AND WORKFORCE DEVELOPMENT TOOLS AND RESOURCES. WITH THE SUPPORT OF THE LIBRARY FOUNDATION, LFPL OFFERED ANNUAL EVENTS THAT INCLUDED THE HOW-TO FESTIVAL, SUMMER READING, AND THE "BOOKS AND BREWS" ADULT WINTER READING PROGRAM. PATRONS ALSO HAD FREE ACCESS TO COMPUTERS, INTERNET, AND LFPL'S ONLINE RESOURCES, INCLUDING EDUCATIONAL PLATFORMS SUCH AS LINKEDIN LEARNING AND TREEHOUSE (AN ONLINE PLATFORM WITH WEBSITE AND CODING CLASSES). IN FY23, THE LIBRARY FOUNDATION SUCCESSFULLY GRANTED FUNDS TO THE LFPL ALLOWING THEM TO: "PURCHASE AND GIVE AWAY 36,990 BOOKS WITH DIVERSE THEMES TO MORE THAN 36,440 TODDLERS AND THEIR PARENTS/CAREGIVERS THROUGH OUTREACH IN UNDERSERVED NEIGHBORHOODS VIA THE CHILDREN'S BOOKMOBILE AND BOOK BIKE. " HOST THE SECOND YEAR OF THE "ONCE UPON AN ORCHESTRA," A UNIQUE PARTNERSHIP BETWEEN THE LOUISVILLE ORCHESTRA AND LFPL THAT BROUGHT FREE, LITERACY-THEMED ORCHESTRA PERFORMANCES TO 1,436 CHILDREN AT ALL 17 LIBRARY BRANCHES. THE PROGRAM WAS SO POPULAR THAT FAMILIES WERE TURNED AWAY AT SEVERAL BRANCHES DUE TO LACK OF SPACE " IMPLEMENT THE 2023 SUMMER READING PROGRAM, WHICH HELPED 41,934 YOUTH READ 386,272 BOOKS AND ENGAGE IN 1,239 PROGRAMS PROVIDED BY LIBRARIANS FOR FAMILIES ACROSS THE LFPL SYSTEM. " THE LIBRARY FOUNDATION PREMIERED ITS SIGNATURE CIVIC ENGAGEMENT AND COMMUNITY ADVOCACY EVENT, "A NIGHT AT THE LIBRARY," ON APRIL 14, 2023, AT THE MAIN LIBRARY IN DOWNTOWN LOUISVILLE. 250 OF LOUISVILLE'S TOP INFLUENCERS, PHILANTHROPISTS, THOUGHT LEADERS, AND LIBRARY ADVOCATES GATHERED TO DISCUSS AND PROMOTE THE FAR-REACHING SOCIAL AND ECONOMIC IMPACT OF LFPL WHILE RAISING FUNDS TO ASSIST THE LIBRARY FOUNDATION'S WORK IN SUPPORTING LFPL'S INITIATIVES. THE EVENT FEATURED AN EDUCATIONAL DISCUSSION BY SOCIOLOGIST ERIC KLINENBERG, THE CELEBRATED AUTHOR OF "PALACES FOR THE PEOPLE." IN ADDITION TO SUPPORTING LIBRARY PROGRAMMING, THE LIBRARY FOUNDATION INITIATED COMPREHENSIVE ADVOCACY AND ENGAGEMENT WITH ELECTED OFFICIALS, LOCAL CITIZENS, AND BUSINESSES TO EDUCATE AND INFORM THEM ABOUT THE RESOURCES AND MANY FREE SERVICES OFFERED AT THE LFPL. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS THOROUGHLY REVIEWED BY THE STAFF AND THE FINANCE & AUDIT COMMITTEE. IT IS PROVIDED TO THE FULL BOARD FOR THEIR REVIEW AND COMMENT BEFORE IT IS FILED WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C ANNUALLY, EACH BOARD MEMBER, COMMITTEE MEMBER AND EMPLOYEE SIGNS A CONFLICT OF INTEREST DISCLOSURE AFFIRMING THAT THEY HAVE RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY AND HAS READ AND UNDERSTANDS THE POLICY. IF A CONFLICT SHOULD ARISE IT IS BROUGHT TO THE ATTENTION OF THE BOARD CHAIR OR IN THE CASE OF THE BOARD CHAIR, THE EXECUTIVE COMMITTEE WHO WILL THEN DETERMINE IF ADDITIONAL ACTION IS NECESSARY. FORM 990, PAGE 6, PART VI, LINE 15A THE COMPENSATION COMMITTEE, AN AD HOC COMMITTEE OF THE BOARD OF DIRECTORS OF THE LOUISVILLE FREE PUBLIC LIBRARY FOUNDATION, IS CHARGED WITH ENSURING THAT THE SALARY AND BENEFITS OF THE EXECUTIVE DIRECTOR ARE CONSISTENT, REASONABLE AND EQUITABLE. THIS IS DONE BY REVIEWING MARKET SALARY LEVELS AND BENEFITS IN SIMILAR NONPROFIT ORGANIZATIONS ON AN ANNUAL BASIS AND RECOMMENDING TO THE BOARD OF DIRECTORS, THE SALARY AND SPECIFIC COMPONENTS OF THE TOTAL COMPENSATION PACKAGE OF THE EXECUTIVE DIRECTOR. FORM 990, PAGE 6, PART VI, LINE 15B THE EXECUTIVE DIRECTOR ENSURES THAT SALARY RANGES FOR OTHER KEY EMPLOYEES ARE REVIEWED AT LEAST ANNUALLY, THAT ALL INDIVIDUAL JOBS ARE MARKET PRICED PERIODICALLY AND THAT COMPENSATION ADJUSTMENTS FOR STAFF ARE ADMINISTERED IN A FAIR AND EQUITABLE MANNER. ANNUAL COMPENSATION RECOMNMENDATIONS (WITH THE EXCEPTION OF THE EXECUTIVE DIRECTOR) ARE PRESENTED TO THE COMPENSATION COMMITTEE BY THE EXECUTIVE DIRECTOR FOR THEIR KNOWLEDGE AND REVIEW. FORM 990, PAGE 6, PART VI, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES, AND AUDITED FINANCIAL STATEMENTS AS WELL AS THE FORM 1023 FILED WITH THE IRS, ARE AVAILABLE FROM THE ORGANIZATION UPON REQUEST. FORM 990, PART XI, LINE 9 AGENCY FUNDS - SFAS 136 - EXPENSE INCLUDED ON 990 119,182 SFAS 136 -811,345 TOTAL -692,163