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Nonprofit · EIN 93-1190983

LIBRARY FOUNDATION INC SERVING THE PEOPLE OF MULTNOMAH COUNTY

Tax-exempt · PORTLAND, OR 97204

Financials

$3M$3.8M2023$3.5M$4M2024
Revenue Expenses · by fiscal year end
Financials of LIBRARY FOUNDATION INC SERVING THE PEOPLE OF MULTNOMAH COUNTY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,452,198$4,045,994-$593,796$28,892,350$943,955$27,948,395
June 30, 2024990$2,966,805$3,828,557-$861,752$27,687,284$1,306,405$26,380,879
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,838,240
of which government grants
$74,135
Program service revenue
$0
Investment income
$613,907
Other revenue
$51

Expenses

Grants and similar amounts paid
$2,792,383
Compensation of officers, directors and key employees
$180,171
Other salaries and wages
$450,902
Salaries, compensation and benefits (total)
$782,711
Professional fundraising fees
$0
Accounting fees
$54,340
Occupancy
$53,871
Depreciation
$1,649
Program services (functional)
$3,479,157
Management and general (functional)
$458,504
Fundraising (functional)
$108,333

Balance sheet and other

Total assets, start of year
$27,687,284
Total assets, end of year
$28,892,350
Total liabilities, end of year
$943,955
Net assets, end of year
$27,948,395
Land, buildings and equipment
$5,772
Publicly traded securities
$18,677,801
Net assets without donor restrictions
$15,923,123
Net assets with donor restrictions
$12,025,272
Gross receipts
$3,452,198
Employees
9
Volunteers
19
Year formed
1995
State of legal domicile
OR

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DAN LOVE CENTERWALLEXECUTIVE DIR.
Officer
40$127,308$19,329
BRAD THIESCHAIR
Trustee or director, Officer
2$0$0
KORI ALLENVICE-CHAIR
Trustee or director, Officer
2$0$0
PAUL J KELLY JRSECRETARY
Trustee or director, Officer
2$0$0
PETER GALENTREASURER
Trustee or director, Officer
2$0$0
WENDY GRUENBERG WRAYTRUSTEE
Trustee or director
2$0$0
LUKA ARNERICHTRUSTEE
Trustee or director
1$0$0
DAVID BARNARDTRUSTEE
Trustee or director
1$0$0
KATHERINE S CAHILLTRUSTEE
Trustee or director
1$0$0
SHIAU YEN CHIN-DENNISTRUSTEE
Trustee or director
1$0$0
KRISTIN COLLINSTRUSTEE
Trustee or director
1$0$0
YONETTE FINETRUSTEE
Trustee or director
1$0$0
ANNE JARVISTRUSTEE
Trustee or director
1$0$0
JEAN JOSEPHSONTRUSTEE
Trustee or director
1$0$0
MIKA MALONETRUSTEE
Trustee or director
1$0$0
5 more people on this return
NameTitleHours / weekCompensation
SONJA MCKENZIETRUSTEE
Trustee or director
1$0
VICTORIA BEJARANO MUIRHEADTRUSTEE
Trustee or director
1$0
MOLLY ONOTRUSTEE
Trustee or director
1$0
JEFF SCHERERTRUSTEE
Trustee or director
1$0
DAVID L VERNIERTRUSTEE
Trustee or director
1$0
990 for the year ended June 30, 2024: 18 people
NameTitleHours / weekCompensationOther / benefits
MERRIS SUMRALLEXECUTIVE DIR. (THRU 3/2024)
Officer
55.5$146,302$46,715
BRAD THIESCHAIR
Trustee or director, Officer
4$0$0
KORI ALLENVICE-CHAIR
Trustee or director, Officer
4$0$0
PAUL J KELLY JRSECRETARY
Trustee or director, Officer
4$0$0
PETER GALENTREASURER
Trustee or director, Officer
4$0$0
WENDY GRUENBERG WRAYTRUSTEE
Trustee or director
4$0$0
LUKA ARNERICHTRUSTEE
Trustee or director
1$0$0
SHIAU YEN CHIN-DENNISTRUSTEE
Trustee or director
1$0$0
KRISTIN COLLINSTRUSTEE
Trustee or director
1$0$0
ANNE JARVISTRUSTEE
Trustee or director
1$0$0
JEAN JOSEPHSONTRUSTEE
Trustee or director
1$0$0
SONJA MCKENZIETRUSTEE
Trustee or director
1$0$0
MOLLY ONOTRUSTEE
Trustee or director
1$0$0
DILIP RATNAMTRUSTEE
Trustee or director
1$0$0
JEFF SCHERERTRUSTEE
Trustee or director
1$0$0
DAVID L VERNIERTRUSTEE
Trustee or director
1$0$0
SONYA WHITETRUSTEE
Trustee or director
1$0$0
DAN LOVE CENTERWALLEXECUTIVE DIR. (FROM 2/2024)
Officer
40$0$0

Address and contacts

Address (IRS master file)
620 SW 5TH AVE STE 1025, PORTLAND, OR 97204-1437
In care of
% BRADLEY THIES
Principal officer (990 for 2024)
DAN LOVE CENTERWALL, 620 SW FIFTH AVENUE 1025, PORTLAND, OR 97204
Signed the 990
DAN LOVE CENTERWALL, EXECUTIVE DIRECTOR
Phone
(503) 223-4008
Return prepared by
GARY MCGEE & CO LLP

Mission

THE LIBRARY FOUNDATION STRENGTHENS OUR COMMUNITY AND CREATES A BRIGHTER FUTURE FOR CHILDREN BY SUPPORTING, EXPANDING AND ADVOCATING FOR MULTNOMAH COUNTY LIBRARY'S INNOVATIVE AND GROUNDBREAKING WORK. GIFTS, LARGE AND SMALL, MAKE THIS WORK POSSIBLE.

990 for the year ended June 30, 2025

Program accomplishments

  • EARLY LITERACY PROGRAMS THAT MOTIVATED FAMILIES TO READ TOGETHER REACHED MORE THAN 100,000 BABIES, YOUNG CHILDREN AND PARENTS. ENGAGING BOOKS, PARENT EDUCATION, AND STORYTIMES ENABLED PARENTS TO BECOME THEIR CHILD'S FIRST, BEST, AND MOST PERMANENT TEACHER. EVERY CHILD A READER REACHED 31,000 YOUNG CHILDREN AND CAREGIVERS, SENDING BOOKS HOME IN 30 LANGUAGES, MOTIVATING FAMILIES TO READ TOGETHER AT HOME. STORYTIMES REACHED 52,000 CHILDREN AND PARENTS AT LIBRARY LOCATIONS, OUT IN THE COMMUNITY, AND AT HOME. THE WIC PARTNERSHIP REACHED 20,000 LOW-INCOME MOMS AND CHILDREN WITH LITERACY EDUCATION. DIA DE LOS NINOS ENGAGED 5,000 CHILDREN AND PARENTS WITH BILINGUAL LITERACY PROGRAMS. THE NEW PARENT PROGRAM SENT 4,900 NEWBORNS AND PARENTS HOME WITH LITERACY EDUCATION AND AN INTRODUCTION TO LIBRARY SERVICES.
    Expenses $530,868 · grants $530,868
  • SCHOOL-AGE LITERACY PROGRAMS REACHED ALL K-12 STUDENTS IN 7 SCHOOL DISTRICTS WITH BOOKS AND PROGRAMS THAT CEMENT READING SKILLS AND ACADEMIC SUCCESS. SUMMER READING ENGAGED NEARLY 90,000 CHILDREN AND TEENS WITH A FUN INTERACTIVE GAME. LIBRARY CONNECT CONNECTED 115,000 STUDENTS TO LIBRARY SERVICES, INCLUDING RESEARCH CONTENT, HOMEWORK HELP AND TUTORING SUPPORT. 21,000 CHILDREN'S BOOKS IN MORE THAN 30 LANGUAGES WENT HOME WITH TENS OF THOUSANDS OF CHILDREN THROUGH OUTREACH IN THE COMMUNITY, INCLUDING 300 SITES AT PARKS, FREE LUNCH LOCATIONS, COMMUNITY EVENTS, AND HOUSING DEVELOPMENTS.
    Expenses $342,770 · grants $342,770
  • BUILDING PROJECTS - IN 2020, MULTNOMAH COUNTY LIBRARY LAUNCHED A 6-YEAR BUILDING PLAN TO MEET THE 21ST CENTURY NEEDS OF OUR COMMUNITY BY BUILDING OR EXPANDING 8 LIBRARIES, INCREASING OUR SYSTEM'S SPACE BY NEARLY 60%. THIS YEAR, HOLGATE, MIDLAND, AND NORTH PORTLAND LIBRARIES REOPENED, WITH TENS OF THOUSANDS OF CHILDREN AND TEENS ACCESSING CUTTING-EDGE LEARNING ENVIRONMENTS AND INTERACTIVE SPACES MADE POSSIBLE BY DONORS TO THE LIBRARY FOUNDATION. SUPPORT THIS YEAR INCLUDED: INTERACTIVE EARLY LEARNING SPACES ($1,055,500); FLEXIBLE STEAM EQUIPMENT FOR CHILDREN AND TEENS ($89,026); DEDICATED SPACES FOR TEENS TO STUDY, GATHER, AND CONNECT ($39,179); A SECURE OUTDOOR CHILDREN'S GARDEN AT EAST COUNTY LIBRARY ($100,000).
    Expenses $1,286,103 · grants $1,286,103
  • LIFELONG LEARNING PROGRAMS, WORKSHOPS AND EVENTS REACHED MORE THAN 30,000 TEENS, ADULTS AND SENIORS LAST YEAR, WITH FREE ARTS, CULTURAL, AND HUMANITIES PROGRAMS, INCLUDING EVERYBODY READS, A COMMUNITY-WIDE READING PROGRAM TRANSFORMED HOW STUDENTS AND ADULTS EXPERIENCE READING, WRITING, AND THE WRITTEN WORD. ($180,118); SUPPORT FOR LIBRARY COLLECTIONS AND LOCATIONS. ($152,524); ADVOCACY SUPPORT FOR FUTURE LIBRARY BALLOT MEASURE ($300,000); STAFF TIME AND PROGRAM SERVICES FOR LIBRARY PROGRAMS, COMMUNICATIONS AND ACTIVITIES ($686,774).
    Expenses $1,319,416 · grants $632,642

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
93-1190983
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$28,892,350
Income (IRS master file)
$3,452,198

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,452,198$4,045,994$28,892,350XML
990June 2024$2,966,805$3,828,557$27,687,284XML
990June 2023$4,774,861$2,489,118$26,409,312IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 93-1190983).

Questions about LIBRARY FOUNDATION INC SERVING THE PEOPLE OF MULTNOMAH COUNTY

What is the EIN of LIBRARY FOUNDATION INC SERVING THE PEOPLE OF MULTNOMAH COUNTY?
The employer identification number (EIN) of LIBRARY FOUNDATION INC SERVING THE PEOPLE OF MULTNOMAH COUNTY is 93-1190983.
Is LIBRARY FOUNDATION INC SERVING THE PEOPLE OF MULTNOMAH COUNTY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to LIBRARY FOUNDATION INC SERVING THE PEOPLE OF MULTNOMAH COUNTY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIBRARY FOUNDATION INC SERVING THE PEOPLE OF MULTNOMAH COUNTY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LIBRARY FOUNDATION INC SERVING THE PEOPLE OF MULTNOMAH COUNTY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIBRARY FOUNDATION INC SERVING THE PEOPLE OF MULTNOMAH COUNTY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of LIBRARY FOUNDATION INC SERVING THE PEOPLE OF MULTNOMAH COUNTY?
The 990 for the year ended June 30, 2025 names DAN LOVE CENTERWALL.
Who are the officers and directors of LIBRARY FOUNDATION INC SERVING THE PEOPLE OF MULTNOMAH COUNTY?
The 990 for the year ended June 30, 2025 lists 20 people; 1 received compensation from the organization, the highest $127,308 (DAN LOVE CENTERWALL, EXECUTIVE DIR.).
How much revenue does LIBRARY FOUNDATION INC SERVING THE PEOPLE OF MULTNOMAH COUNTY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,452,198, expenses of $4,045,994 and total assets of $28,892,350 at year end.

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