2024-11-14T16:57:42-06:00 2023-12-31 920117073 ALLIANCE CPAS LLC 119 NORTH CUSHMAN ST SUITE 300 FAIRBANKS AK 99701 990 2023-01-01 920072826 FAIRBANKS LIBRARY FOUNDATION FAIR 9076873296 PO BOX 72363 FAIRBANKS AK 99707 KRISTINA SMITH TREASURER 9076873296 2024-11-13 1 1 KATHLEEN A R THOMPSON P00111266 9074567762 2023 2024-10-15 13:58:12Z MICHELLE DAML PO BOX 72363 FAIRBANKS AK 99707 597010 0 X HTTP://THELIBRARYFOUNDATION.ORG X 1979 AK TO SUPPORT ALL FAIRBANKS NORTH STAR BOROUGH PUBLIC LIBRARIES 12 12 0 30 0 0 65794 504929 0 0 46515 89620 7189 -268 119498 594281 0 355283 0 0 0 0 0 0 7396 30326 57962 30326 413245 89172 181036 2234113 2542344 3500 863 2230613 2541481 THE PURPOSE IS TO SUPPORT ALL FAIRBANKS NORTH STAR BOROUGH PUBLIC LIBRARIES, TO ENHANCE THEIR OPERATIONS, TO ENCOURAGE AND SUPPORT EXPANSION OF LIBRARY BUILDINGS, FACILITIES, AND EQUIPMENT, AND TO CREATE, MANAGE, AND BUILD AN INVESTMENT FUND FOR THESE ENDEAVORS. 0 0 378420 355283 BUILDING EXPANSION AND MANAGEMENT OF ART COLLECTION: FEES PAID FOR ART ACQUISITIONS, AS WELL AS STORAGE AND INSURANCE ON THE ART COLLECTION, WHICH WAS DONATED TO THE FOUNDATION AND IS MAINTAINED FOR USE IN BOROUGH LIBRARY FACILITIES. PIECES FROM THE COLLECTION ARE ON DISPLAY AT LOCAL LIBRARIES. ADDITIONALLY, THE NOEL WIEN LIBRARY EXPANSION PROJECT BEGAN IN LATE 2023. 7592 COMMUNITY OUTREACH: THE FOUNDATION SUPPORTS COMMUNITY OUTREACH EFFORTS IN BOROUGH LIBRARIES BY PROVIDING FUNDING GRANTS FOR READING INCENTIVE PROGRAMS, INCLUDING THE CABIN FEVER PROGRAM, A SUMMER READING PROGRAM FOR ADULTS, AND RAVEN ABOUT READING, WHICH OFFERS A SPECIALLY DESIGNED LIBRARY CARD FOR 1ST AND 2ND GRADERS. THE FOUNDATION PROVIDED SUPPLIES AND FURNISHINGS TO BOROUGH LIBRARIES,AND HOSTS AND STAFFS AN ANNUAL BOOTH AT THE TANANA VALLEY STATE FAIR. 386012 1 1 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X THE ORGANIZATION 9076873296 PO BOX 72363 FAIRBANKS AK 99707 X MICHELLE DAML PRESIDENT 3.00 X X 0 0 0 JOE HAYES VICE PRESIDENT 3.00 X X 0 0 0 KRISTINA SMITH TREASURER 3.00 X X 0 0 0 SARA MARSHALL SECRETARY 3.00 X X 0 0 0 FAWN JELINEK BOARD MEMBER 3.00 X 0 0 0 MATT CASORT BOARD MEMBER 3.00 X 0 0 0 JAMIE FREIMAN BOARD MEMBER 3.00 X 0 0 0 JEANNETTE GORDA BOARD MEMBER 3.00 X 0 0 0 KATE RIPLEY BOARD MEMBER 3.00 X 0 0 0 CINDY BRAVO BOARD MEMBER 3.00 X 0 0 0 MELISSA HARTER BOARD MEMBER 3.00 X 0 0 0 NICOLE DRENNING BOARD MEMBER 3.00 X 0 0 0 0 0 0 0 0 0 0 0 504929 504929 89620 89620 2461 2729 -268 -268 594281 -268 0 89620 355283 355283 5961 5961 25905 22481 3424 7396 7396 1658 1658 1500 1500 174 174 840 840 LIBRARY PROJECTS 11796 7592 4204 SUPPLIES 1809 451 1358 BOOKS, SUBSCRIPTIONS, R 486 486 MEMBERSHIP & DUES 220 220 217 31 186 413245 386012 19837 7396 90435 76026 1872293 2194933 271385 271385 2234113 2542344 3500 863 3500 863 X 2230613 2541481 0 0 0 0 2230613 2541481 2234113 2542344 181036 129832 0 X 0 0 0 X 18970 10455 139702 65794 54829 289750 18970 10455 139702 65794 54829 289750 113456 176294 62884 34139 40532 45274 89620 272449 2162 1168 1816 7389 2461 14996 577195 0.30540 0.26050 X FAIRBANKS LIBRARY FOUNDATION IS A PUBLICLY SUPPORTED ORGANIZATION. FOR THE TAX YEARS 2023 AND 2022, THE FOUNDATION IS SHY OF HITTING THE AUTOMATIC PUBLIC CHARITY STANDARD OF 33.33 PERCENT UNDER 509(A)(1)/170(B)(1)(A)(VI). IT ACHIEVED 31 AND 26 PERCENT FOR 2023 AND 2022, RESPECTIVELY. THERE WERE A COUPLE OF FACTORS THAT MADE IT DIFFICULT FOR THE ORGANIZATION TO ACHIEVE THE 33.33 PERCENT OR GREATER. DURING 2022, THE ORGANIZATION WAS STILL EXPERIENCING THE EFFECTS OF THE COVID-19 HEALTH EMERGENCY AND DID NOT HAVE ANY EVENTS DURING THE YEAR. THE FAIRBANKS NORTH STAR BOROUGH LIBRARIES WHICH THE ORGANIZATION SUPPORTS WITH PROGRAMS AND FUNDING RESUMED CLOSER TO NORMAL OPERATIONS DURING 2022.THE FOUNDATION BEGAN THE EXPANSION PROJECT OF THE PUBLIC LIBRARY IN LATE 2023. THE ACCUMULATION OF THESE FUNDS HAS CAUSED A SIGNIFICANT INCREASE IN INVESTMENT INCOME. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 0 54257 19814 2765 71306 82267 -25310 2700 54257 72646 13747 4031 95 82267 55333 20273 2960 72646 45431 12576 2674 55333 1.00000 0 0 0 ARTWORK 271385 271385 PART V, LINE 4: INTENDED USES FOR ENDOWMENT FUNDS FAIRBANKS LIBRARY FOUNDATION BOARD OF DIRECTORS DESIGNATED CERTAIN INVESTMENTS HELD THROUGH PURSHE KAPLAN STERLING INVESTMENTS FOR USE FOR THE WEBB ANIMAL AND PLANT PROGRAM AT THE FAIRBANKS NORTH STAR LIBRARY SYSTEM. THESE FUNDS WILL BE USED AT BOARD DISCRETION FOR THE BENEFIT OF ALL LIVING PLANTS AND ANIMALS IN LIBRARIES IN THE SYSTEM. 1 NOEL WEIN LIBRARY-FNSB PUBLIC LIBRARY 1215 COWLES ST FAIRBANKS AK 99701 920030612 GOVERNMENT-N/A 0 355283 COST FURNITURE PURCHASED NEW FURNITURE FOR THE NOEL WEIN LIBRARY EXPANSION PROJECT. FORM 990, PART VI, SECTION B, LINE 11B COPIES OF ALL FORMS WERE DISTRIBUTED BY EMAIL TO BOARD MEMBERS AND FORM 990 WAS REVIEWED IN A BOARD MEETING. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE FROM FAIRBANKS LIBRARY FOUNDATION. CONTACT INFORMATION: PO BOX 72363, FAIRBANKS, AK 99707.