[OPLINLIST] Foundations vs Friends

[Susan Pieper]

You should do both! Foundations are more for long-term giving options...
such as the library being a beneficiary of trusts, land, stock, wills, etc.
If you already have a county or "area" foundation, your foundation could be
under their umbrella with their 501(c)3 designation. That is what they do
here in Paulding County.
http://www.pauldingcountyareafoundation.net/  I think Wood County and many
other Ohio counties have umbrella foundations. A foundation might have
brochures at attorney's offices, etc. so people know that the library is an
option for their estate.

The Friends groups are more day to day, event to event support and
sustainability. The Friends can help fund special projects, programs and
events. They work hand-in-hand with library administration and staff.

Does this make sense? We love our Friends groups! They have been a
tremendous support for different speakers, SRP, give-aways, food, etc. We
are still working on establishing our Foundation for more long term and
"bigger" giving.

Good luck!
*****************************
Susan Hill Pieper, M.S.L.S.
Director
Paulding County Carnegie Library
205 S Main St, Paulding, Ohio 45879
419-399-2032 voice 419-399-2114 fax
www.pauldingcountylibrary.org
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