City of Richmond Public Library Foundation
101 E. Franklin Street
Richmond VA 23219
Mission Statement
The Richmond Public Library Foundation develops, administers and allocates funds to provide the extra margin of excellence for the City's library system by enhancing existing public support for the library and its programs.
Leadership
CEO/Executive Director Harriet Coalter
Board Chair Ms. Jennifer Goins
Board Chair Company Affiliation Bon Secours Richmond Health Care Foundation
Contact Information
Address 101 E. Franklin Street
Richmond, VA 23219
Telephone 804 646-5511
Fax 804 646-7685
E-mail karin.hansen@richmondgov.com
History and Background
Year of Incorporation 1997
Financial Summary
Revenue vs Expense Bar Graph - All Years
Expense Breakdown Bar Chart - All Years
 
 
Projected Revenue $250,000.00
Projected Expenses $15,000.00
Statements
Mission
The Richmond Public Library Foundation develops, administers and allocates funds to provide the extra margin of excellence for the City's library system by enhancing existing public support for the library and its programs.
Impact
  1. The City of Richmond has almost completed a multi-year renovation project to bring Richmond's libraries into the 21st century. All nine branch libraries have been renovated, with planning in place for renovations of the Main Library. Richmond Public Library Foundation supports the 'margin of excellence' in these projects by funding additional book and technology purchases for each renovated library.
  2. 2017 Summer Reading Program - This annual reading program encourages continued reading during months when school is not in session.  The end of summer celebration recognizes the top readers and the school with the highest number of participants. 
  3. Major technological additions to branch libraries to address the growing need of patrons for resources to assist with employment research and application.
 
 
Needs

 

  1. $10,000 to sponsor the annual Summer Reading Program.  This annual family program promotes reading during the summer months to maintain and strengthen reading skills.
  2. $20,000 to operate Homework Help in our Broad Rock, East End and Hull Street branches.  This program places City of Richmond public school teachers in the branch during after school hours to assist students with homework and other school projects.
  3. $50,000 to underwrite the free computer training programs for the library system.  Funds would be used to write curriculum, staff training, to develop training materials, and to purchase laptops and software for use throughout nine-library system.
  4. We are seeking community volunteers who are qualified to present educational programs, free of charge, to the public.  We are in need of volunteers to teach skills such as financial literacy and technology for teens, as well as experts from recreational areas such as gardening.
  5. We are seeking laptops to be used for free classes in our branch library meeting rooms, which will allow the desktop computers in the public areas to remain free to individual users.  Laptops need to be of similar recent models.

 

Background
Since the first patrons walked through its doors in the fall of 1924, the Richmond Public Library has been striving to fulfill the information needs of the residents of Richmond and the surrounding communities.  A major challenge to the Library System today is to maintain the quality of its most important services for the community in an era of reduced public funding, and to seek alternate sources of support.  In response to that challenge, the Library Board and community leaders created the not-for-profit 501(c)3 Richmond Public Library Foundation in 1997 to help support the Library in its future endeavors.  The purpose of the Foundation is:  to develop funds from all sources, including individuals, businesses and foundations in order to enhance the Library's public funding; to administer those funds prudently; and to allocate those funds to the Richmond Public Library to support such areas as new technologies, special projects, and acquisitions. 
Board Chair Statement
 
 
Areas of Service
Areas Served
Area
Metro Richmond
Board Chair
Board Chair Ms. Jennifer Goins
Company Affiliation Bon Secours Richmond Health Care Foundation
Term July 2016 to June 2019
Email jennifer_goins@bshsi.org
Board of Directors
Board Members
NameAffiliation
James Beazley Dominion
Peter Blake SCHEV
Ashley Dobbin Calkins Herbert & Satterwhite
Debby Corkish MeadWestvaco
Trevor Cox Attorney at Law
Richard Dunn Community Volunteer
Scott Firestine Richmond Public Library
Jennifer Goins Bon Secours Richmond Health Care Foundation
The Honorable C.N. Jenkins Jr.Circuit Court Judge
Patricia Kelly Kyle Owner, Narnia Children's Books
Alex Maffett Community Volunteer
Lyn Kyle Manson Network Building and Consulting
Anne R. McCaffrey VA Community College System
Jennifer D. Mullen Attorney at Law
Marshall P. Pearsall Verizon Wireless
K. Tanner Pilcher Attorney at Law
Lea S. Rasmussen Manager, Mitchell, Wiggins & Company
Brooks M. Smith Attorney at Law
Russell Wyatt Commonwealth Commercial Partners
Board Demographics - Ethnicity
African American/Black 1
Asian American/Pacific Islander 0
Caucasian 18
Hispanic/Latino 0
Native American/American Indian 0
Board Demographics - Gender
Male 8
Female 11
Governance
Board Term Lengths 3
Board Term Limits 0
Written Board Selection Criteria? Yes
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 100
Percentage Making In-Kind Contributions 1
Number of Full Board Meetings Annually 6
Standing Committees
Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
Nominating
Finance
Executive
Distributions/ Grant Making
Other Boards
The tables below contain information about other groups that advise this nonprofit on operations and projects.
Executive Director
Executive Director Harriet Coalter
Staff
Full Time Staff 1
Part Time Staff 0
Volunteers 19
Plans
Organization has a Fundraising Plan? Under Development
Organization has a Strategic Plan? Yes
Years Strategic Plan Considers 3
Date Strategic Plan Adopted June 2011
Management Succession Plan? No
Organization Policy and Procedures No
Nondiscrimination Policy No
Whistleblower Policy No
Document Destruction Policy No
Directors and Officers Insurance Policy No
Programs
Description
The annual Summer Reading Program offers a chance for readers of all ages - children, teens, and adults - to win prizes by reading through the months of June, July, and August.  Studies have shown that continuing reading during non-traditional school months helps to maintain reading skills for students, and increases an interest in reading for fun.
Population Served Families
Budget $15,000.00
Long Term Success
Studies show that children need to read over the summer (during out-of-school time) to maintain their reading levels; without continued reading, reading skills decline and students start school in the fall with decreased reading skills.  Richmond Public Library's summer reading program encourages reading for all ages -- with special programs for child care providers to reach very young children, fun programs for children to engage them in reading and learning all summer, and encouragement for adults to be readers as well and model reading as an enjoyable activity. 
Description
Free assistance is available to students during the school year Certified teachers assist with research assignments and general homework. Computers are available just for students, with guidance to online resources available, and the students receive their first three printouts free.  This program is available in the Broad Rock and North Avenue branches. 
Population Served Children and Youth (0 - 19 years)
Budget $20,000.00
Description
Storytime for children is available at all of the branches in the Richmond Public Library system. We offer programs with age-appropriate content to help children develop pre-reading skills. Content is also included for parents/caregivers, to help them be their child's 'first teacher' at home. 
 
There are three categories of Storytime:
 
  • Book Babies: (0-18 months with an adult) This creates a special bond between baby and parent through rhymes, songs and stories.


  • Toddler Time: (18-36 months with an adult) This enables parents to engage in fun stories, music, rhymes and more to develop early literacy skills with their child.


  • Preschool Storytime: (3-5 years with an adult) Created to help develop listening and language skills while enjoying books, storytelling, puppetry and creative movement.

Population Served Infants to Preschool (under age 5)
Fiscal Year
Projected Revenue $250,000.00
Projected Expenses $15,000.00
Endowment Value $450,000.00
Spending Policy Income Only
IRS Letter of Exemption
Detailed Financials
Expense Allocation
Fiscal Year201620152014
Program Expense$123,829$84,600$555
Administration Expense$31,673$38,702$6,568
Fundraising Expense$31,799$0--
Payments to Affiliates------
Total Revenue/Total Expenses1.161.376.74
Program Expense/Total Expenses66%69%8%
Fundraising Expense/Contributed Revenue21%0%0%
Assets and Liabilities
Fiscal Year201620152014
Total Assets$513,963$488,358$448,471
Current Assets$89,694$99,706$57,150
Long-Term Liabilities$0$0--
Current Liabilities$19,024$23,024$28,824
Total Net Assets$494,939$465,334$419,647
Short Term Solvency
Fiscal Year201620152014
Current Ratio: Current Assets/Current Liabilities4.714.331.98
Long Term Solvency
Fiscal Year201620152014
Long-Term Liabilities/Total Assets0%0%0%
Capital Campaign
Currently in a Capital Campaign? No
Capital Campaign Anticipated in Next 5 Years? Yes
State Charitable Solicitaions Permit
Solicitations Permit
Solicitations Permit 11/2014View
Comments
Organization Comments
The Richmond Public Library Foundation supports the programs and specific projects of Richmond Public Library.  The Foundation's Allocations Committee annually reviews funding requests from Richmond Public Library; the full Foundation Board reviews and approves requests at their annual meeting.  Funds for requests that are approved are then transferred to the Library for implementation.  The Foundation does not have any employees; the position of director of the Foundation is filled by a position in the Library's personnel complement.