2019-10-03T08:06:31-07:00 2018-12-31 842546429 Kindred CPA LLC 211 East Eighth Street Ste A Lawrence KS 660442682 990 2018-01-01 481179872 Lawrence Public Library Foundation LAWR 7858433833 707 Vermont Street Lawrence KS 66044 KATE CAMPBELL Treasurer 2019-10-03 true KENNETH R HITE CPA P00237300 7858428844 2018 2020-01-14 16:20:31Z KATHLEEN MORGAN 707 VERMONT STREET LAWRENCE KS 66044 455457 false false X WWW.LAWRENCEPUBLICLIBRARYFOUNDATION.ORG X 1996 KS SECURING GIFTS FROM THE COMMUNITY TO STRENGTHEN AND SUPPLEMENT THE PUBLIC'S INVESTMENT IN THE LIBRARY. 13 13 0 70 0 454169 297427 0 168876 153773 -2771 1277 620274 452477 215166 249990 0 0 0 0 42346 71566 257512 321556 362762 130921 2508770 2368700 0 2508770 2368700 SECURING GIFTS FROM THE COMMUNITY TO STRENGTHEN AND SUPPLEMENT THE PUBLIC'S INVESTMENT IN THE LIBRARY. false false 143557 128126 PROVIDING FUNDS TO ENHANCE THE COLLECTIONS AND PROGRAMS OF THE PUBLIC LIBRARY OF THE CITY OF LAWRENCE, KANSAS. 102145 102145 The Library Foundation received generous support from community partners in 2018:The Salkind family grant of $25,000 for eBook acquisitions established the Neil J. Salkind Collection in memory of Neil SalkindMidco grant of $15,000 for technology upgradesJedel Family Fund grant of $13,050 for Youth Services programsSimpson Foundation grant of $10,000 for unrestricted usesBlaser Family Foundation grant of $10,000 for the general endowmentBNSF Foundation grant of $10,000 for Lizzie Velasquez programBeth Cigler grant of $8,200 for Youth Services programsLawrence Chamber of Commerce grant of $6,150 for Mergent Intellect databaseDouglas County Community Foundation grant for $2,495 for Foundation Center databaseKU Libraries grant for $2,250 for Read Across Lawrence 20000 20000 The fifth annual Ross and Marianna Beach Author Series was held on November 8, 2018. Nebula Award-winning author Nnedi Okorafor spoke about her African-based science fiction, fantasy and magical realism books before an enthusiastic audience at Liberty Hall. 265702 true true false false false false false false false false false false false false false false false false false false false false false false true false false true false false false false false false false false false false true false true false false false false false false false false false true 8 0 true 0 false false false false false false false true true false 0 false false false false false false false false false false false false X 13 13 false false true false false false false true true false false true true true true true true false false false X X Kathleen Morgan 7858433833 707 Vermont Street Lawrence KS 66044 X KASSIE NIETERS Trustee 1.00 0.00 X 0 0 0 CRAIG PENZLER Vice President 1.00 0.00 X X 0 0 0 RACHEL RADEMACHER Trustee 1.00 0.00 X 0 0 0 DAN STOREY Trustee 1.00 0.00 X 0 0 0 BRAD ALLEN EX-OFFICIO 1.00 0.00 X 0 0 0 KATE CAMPBELL Treasurer 2.00 0.00 X X 0 0 0 MARK EMERT Trustee 1.00 0.00 X 0 0 0 BEVERLY SMITH BILLINGS Trustee 1.00 0.00 X 0 0 0 BRADY FLANNERY Trustee 1.00 0.00 X 0 0 0 MARY GAGE CHAIR 2.00 0.00 X X 0 0 0 ALICE ANN JOHNSTON Trustee 1.00 0.00 X 0 0 0 JOAN GOLDEN Trustee 1.00 0.00 X 0 0 0 FRED ATCHISON Trustee 1.00 0.00 X 0 0 0 JOHN CATLIN Trustee 1.00 0.00 X 0 0 0 JENNY GORUP Secretary 1.00 0.00 X X 0 0 0 KIM RACK Trustee 1.00 0.00 X 0 0 0 KATHLEEN MORGAN Executive Dir. 40.00 0.00 X 0 0 0 0 false false false 0 19003 278424 297427 0 57877 57877 0 0 0 95896 95896 95896 95896 19003 2980 -2980 0 0 MISCELLANEOUS INCOME 4257 4257 4257 452477 100153 57877 X 249990 249990 0 0 0 0 0 0 0 0 0 34155 34155 0 2323 2323 0 0 19376 19376 25 25 1494 1494 0 0 0 0 0 0 0 0 0 0 801 801 DONOR OUTREACH 9192 9192 MISCELLANEOUS 3947 3947 SUPPLIES 253 253 0 321556 265702 55854 0 214744 189459 2294026 2179241 0 0 0 0 0 0 0 0 0 0 0 0 0 2508770 2368700 0 0 X 2508770 2368700 2508770 2368700 2508770 2368700 130921 -270991 X X false true X true false X 605223 680673 224919 404302 278424 2193541 0 0 605223 680673 224919 404302 278424 2193541 236112 1957429 20159 26497 37271 150747 134392 369066 0 0 2562607 67015 0.76380 0.76810 X 165090 -270991 -270991 436081 19376 -2980 16396 452477 305160 2980 2980 302180 19376 19376 321556 Part XII, Line 2d: Other expenses and losses per audited F/S DIRECT FUNDRAISING EXPENSE $2980 X false CADDY STACKS 19003 19003 2980 19003 19003 2980 2980 -2980 true LAWRENCE PUBLIC LIBRARY 707 VERMONT LAWRENCE KS 66044 486033699 249990 0 LIBRARY ENHANCEMENTS & PROGRAMMING 1 0 MARY GAGE BOARD MEMBER 600 STORAGE UNIT RENTAL false Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents EACH YEAR WHEN THE FINANCE COMMITTEE MEETS TO REVIEW THE THIRD QUARTER PERFORMANCE OF THE LIBRARY FOUNDATION ENDOWED FUNDS, IT WILL RECOMMEND DISTRIBUTIONS OF UP TO 5% FOR THE FOLLOWING YEAR. PROJECTIONS FOR ANNUAL DISTRIBUTIONS WILL BE BASED ON THIRD QUARTER PERFORMANCE AND THEN ADJUSTED WHEN THE YEAR-END STATEMENT IS RECEIVED. THE FINANCE COMMITTEE WILL MAKE THESE PROJECTIONS BASED ON A 12-QUARTER ROLLING AVERAGE FOR EACH FUND AS THE DATA BECOMES AVAILABLE.ANNUAL DISTRIBUTIONS FROM THE LIBRARY FOUNDATION'S UNRESTRICTED ENDOWMENT WILL CONSIST OF UP TO HALF OF THE ACCUMULATED ANNUAL GAIN. THIS POLICY WILL BE REEVALUATED ONCE THE UNRESTRICTED FUND REACHES $2 MILLION IN ASSETS. IN YEARS FOR WHICH THERE IS NO ANNUAL GAIN, THE LIBRARY FOUNDATION BOARD HAS THE DISCRETION TO MAKE A DISTRIBUTION BASED ON THE NEEDS OF THE LIBRARY. Form 990, Part VI, Line 11b: Form 990 Review Process THE FINANCE COMMITTEE REVIEWS FORM 990 AND THE LIBRARY FOUNDATION BOARD APPROVES IT. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The Lawrence Public Library Foundations conflict of interest policy requires board members and staff to disclose any conflict they might have with people or organizations that may reasonably affect the decision making process of the Lawrence Public Library Foundation. Each board member and senior staff must sign a Disclosure and Confidentiality Statement when they join the Foundation which accepts his/her duty to disclose any actual or potential conflict of interest and protect confidential information. Board members are required to disclose the nature of the conflict to the board or Executive Director. If the board determines there is a conflict, the affected board member shall not participate in the discussion. The policy also outlines a process if a board member does not disclose his/her conflict of interest. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE KANSAS ANNUAL REPORT IS POSTED ON THE WEBSITE. WWW.LAWRENCEPUBLICLIBRARYFOUNDATION.ORG Form 990, Part XII, Line 2: Change of Oversight or Selection Process THE PROCESS FOR REVIEWING THE AUDITED FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PRIOR YEAR. Part IX Line 11a column (C) - Statement of Functional Expenses The Executive Director is a full-time employee of the Lawrence Public Library, an unrelated organization. The board considers a merit based bonus each year for the Executive Director, paid directly to the library as a compensation reimbursement. The amount of reimbursement for the Executive Director's management compensation is shown on Part IX Line 11a column (C).