Resources: Across the Board
Across the Board | Summer
2002 | Topic: Fundraising
The Mid-Hudson Library System's Quarterly Newsletter for Public Library Trustees
Book Sales are the quintessential library fundraiser. Libraries conduct them in different waysonce a year or on-going, off-site or at the library. One librarys friends group has even opened a used
bookstore adjacent to their library building! Book sales can be lucrative depending on your organizational skills and pool of resources, such as volunteers, to draw from. Develop a statement of purpose for the book sale. How will you use the proceeds? By knowing this ahead of time you can use this purpose in the marketing of your event. People may be more inclined to buyand even to make contributions over and above the price of their booksif they know the specific use to which the funds will be put. Publicity takes place through all stages of the sale from advertising that you are accepting books and other donations for the sale and asking for local sponsors and volunteers to the actual notice of the sale date, time and place. Use fliers in area businesses and schools, mail information to a selection of interested parties like booksellers and collectors, local auction houses and antique shops. A good on-line listing service thats free is http://www.booksalefinder.com/. A number of MHLS libraries are using this site to list their book sales. Book Sale tips will soon be available on the MHLS Fundraising Information web page.
Annual Appeal & Direct Mailing: An annual appeal is a request for a donation from library patrons. Annual appeals can be easy to do but require volunteer time and some cash in hand to pay for printing and postage. MHLS can help you with your print needs but you need to apply your imagination to this taskpeople today get dozens of solicitations from organizations raising funds. Make yours stand outtell them something new, grab their attention. Pay close attention to those individuals who have given to you in previous years. You can do this with a simple database in MS Access, FileMaker or mySQL, or purchase one of the numerous fundraising software packages available. Help with this is available on the MHLS Fundraising Information web site, which can be found at http://midhudson.org/funding/fundraising/main.htm or by contacting Rebekkah Smith at extension 239 or email@example.com. A database of donors can help you get out thank-you cards and determine who you might approach for a larger gift to the library. It also can help you determine who might be interested in your planned giving program.
Planned Giving is the donors process of providing financial support to the library while meeting estate planning and financial planning objectives. Planned Giving gifts usually come in three forms: donations, bequests and deferred, but endowments also fall under this category. For more information, contact Rebekkah Smith. Most libraries begin a planned giving program by making up a brochure explaining how a donor can apply a planned giving strategy to the library and demonstrating fiscal responsibility. You can see a sample brochure on the MHLS Fundraising Information web site, which can be found from the Resources page: http://midhudson.org/funding/fundraising/main.htm. And remember that the MHLS Print Services department can help you design yours. Some libraries begin an endowment account with their bank or local community fund which they advertise as available to begin receiving donations. However, your true first step should be to consult with your accountant and lawyer.
Grant Writing is useful in
the right situation. Keep in mind that not all grants are worth your time. Carefully
read the grant and giving guidelines that you are considering and talk to the
funder to make sure your library is a fit. Todays life-style has led to
a lack of time for most people; luckily grant writing is something that you
in advance. Keep some commonly asked for pieces of information in a file: the librarys mission statement; annual report statistics; organizational structure; Federal Employer Identification Number (EIN); 501(c)(3) designation letter, if you have one; NYS tax-exemption number; current budget and sources of financial support; a list of board members; a history of the library; your long-range plan; and the librarys gift policy. This should give you a good start when you sit down to begin writing. There will be a grant-writing workshop at MHLS this fall. Further information will be forthcoming.
Capital Campaign: Some libraries hold capital campaigns to finance renovations and additions to their existing buildings as well as to purchase a new building or build from the ground up. Some libraries receive capital financing from other sources such as the NYS Dormitory Authority or a bond issue put up by their municipality. (For more information about capital finance: http://midhudson.org/mhls/capital_fund_agreement.pdf) Capital campaigns are carefully designed to raise large amounts of money for your library. They require an investment of time and energy from the entire board. Depending on the amount of money to be raised and the makeup of your community, you may need to have a fundraising feasibility study conducted by a fundraising consultant. A feasibility study will canvass your community and reveal whether or not the amount of money you need to raise is available from your constituency. Once you decide to move forward with a campaign you should develop a case statement about the project, which describes the scope, need and costs of the project. This will aid you in making your case to the community. Usually libraries hold their campaign kickoff once they have 50 percent of the funding in hand, so a lot of legwork takes place before an inaugural campaign event. Some libraries also hire consultants to run their entire campaign. Hiring a fundraising consultant can be a hard decision for a board. Consultants can aid your campaign in a variety of ways: conduct a feasibility study; help you create realistic plans and timetables; train trustees and volunteers in the art of solicitation; and provide an outside perspective on the campaign. For help in hiring a consultant, contact Rebekkah Smith at extension 39 or firstname.lastname@example.org.
Antiques Roadshow: Invite a local auctioneer/appraiser to help you with this fundraising event. Most libraries charge people per item ($5$10) to get a professional opinion of what their treasures are worth. The National Auctioneers Association web site (http://www.auctioneers.org/findAuctioneer/search.cfm) can help you find an autioneer in your area.
Donor & Memorial Walls: Libraries conducting a capital campaign or other large fundraising campaigns sometimes devote a wall of the library to acknowledge contributions from donors. Designs have included a tree with donor names engraved on the leaves and a bookcase with the names engraved on the books. Consider honoring donors who give at different levels with leaves or books scaled to match the size of their donations.
Raffles & Auctions: Some of our libraries use raffles very effectively. Prizes are donated from local merchants, authors, craftspeople and personalities and raffled off. The MHLS Print Services department can help you with raffle tickets.
Traveling Feast: Owners of historic and/or interesting homes open their doors to a delicious fundraising idea! How it works is simple: each homeowner provides part of the meal and dessert; the library sells a finite number of tickets; ticket holders travel from home to home partaking of the food and learning about the homes in the process.
It is essential that your library have a Gift Policy. A gift policy will help you out of sticky situations by defining the nature of accepted gifts. The policy should define what gifts are acceptable, how different types of gifts will be handled (monetary, equipment, materials) and a statement about appraisals (the onus should not be on the library). Sample gift policies are available on the MHLS website at http://midhudson.org/department/member_information/library_policies.htm#gift.
The Last WordItems of
Special Interest: 2ND ANNUAL TRUSTEE SUCCESS STORY RECOGNITION AWARD GUIDELINES
| Purpose: To highlight an effort by a library
trustee that resulted in a positive outcome for the library. Award: $200 to the trustees library and a certificate of recognition for the trustee. One in each county served by the Mid-Hudson Library System. Criteria: Entries will be judged on (1) what the result was for the library, and (2) how easily this effort can be replicated. Application
procedure: Applications should be in the form of a letter, two pages maximum, to the Trustee Services Committee c/o Peggy Winn at MHLS stating (1) the name of the person being recognized; (2) the name and address of the library, name of the county and the directors name; (3) a description of successful effort. Back-up documentation, if available, should also be submitted, for example news releases, published articles, photographs. The deadline is September 1st. Awards will be presented at the 43rd MHLS Annual Meeting on October 5th.
ADVANCED TRUSTEE EDUCATION | Tuesday, September 10th, 5:308:30 P.M. , MHLS Auditorium and Saturday, September 14th, 9:3012:30 P.M. , Kingston Library | Advanced Trustee Education sessions are designed to focus on issues benefiting and affecting libraries in our System. Topics include Long-range planning Personnel Legal responsibilities Filtering Friends groups Construction Board recruitment. REGISTER TODAY | Online: http://midhudson.org/trustee/system/jumpstart.php Telephone: 845.471.6060 extension 46.There is a $100 incentive grant to libraries if at least one trustee from their library attends a Mid-Hudson Library System trustee training. The System will mail checks based on attendance.
MHLS BOARD VACANCIES. Four seats on the MHLS Board will be filled at the annual meeting. In Ulster and Greene counties, no incumbent is running. In Dutchess and Columbia counties, incumbents are standing for re-election. In all cases nominations may be made in accordance with the bylaws. For more information, contact Peggy Winn, Executive Assistant, 845.471.6060 extension 216.
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