2018-08-15T08:12:27-05:00 2017-12-31 BKD LLP 5000 ROGERS AVE STE 700 FORT SMITH AR 729032079 990 2017-01-01 710827418 FAYETTEVILLE PUBLIC LIBRARY FOUNDATION % STEPHEN DAVIS FAYE 4798567102 401 W MOUNTAIN FAYETTEVILLE AR 72701 AMY MARTIN TREASURER 4798567102 2018-08-15 true PAUL H KUYKENDALL P00450690 4794521040 2017 2022-09-23 18:48:47Z MIKE RUSSELL 401 W MOUNTAIN FAYETTEVILLE AR 72701 1092403 false X N/A X 1999 AR THE FAYETTEVILLE PUBLIC LIBRARY FOUNDATION SPEARHEADS MAJOR FUND-RAISING CAMPAIGNS TO BRIDGE THE GAP CAUSED BY SHRINKING MUNICIPAL BUDGETS AND THE LIBRARY'S GROWING NEEDS. 12 12 2 12 0 183084 138401 0 0 296043 301649 0 0 479127 440050 180088 2184014 0 0 0 92406 0 40876 52564 137604 164036 317692 2481332 161435 -2041282 9861116 8652183 48350 123484 9812766 8528699 X SEE SCHEDULE O false false 2184014 2184014 0 Build and Maintain a new library, Advancement of the role of library in encouraging reading, knowledge acquisition, and a love of literature. 2184014 true true false false false false false false false false true true false false false false true false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false true 0 0 true 2 true false false false false false false false false false false X 12 12 false false false false false false false true false false false false true true true true true false false false AR X STEPHEN DAVIS 4798567102 401 W MOUNTAIN FAYETTEVILLE AR 72701 X TONY UTH BOARD MEMBER 0.25 0.0 X 0 0 0 KIM AGEE BOARD MEMBER 0.25 0.0 X 0 0 0 CAROLYN HENDERSON ALLEN BOARD MEMBER 0.25 0.0 X 0 0 0 TERESA J CORNETT VICE-PRESIDENT 0.25 0.0 X X 0 0 0 HERSHEY GARNER BOARD MEMBER 0.25 0.0 X 0 0 0 CONNIE HENDRIX-KRAL BOARD MEMBER 0.25 0.0 X 0 0 0 KAREN HODGES BOARD MEMBER 0.25 0.0 X 0 0 0 AMY MARTIN SECRETARY/TREASURER 0.25 0.0 X X 0 0 0 MIKE RUSSELL PRESIDENT 0.25 0.0 X X 0 0 0 MINA BALEDGE BOARD MEMBER 0.25 0.0 X 0 0 0 JACINDA SMITH BOARD MEMBER 0.25 0.0 X 0 0 0 PATTY SULLIVAN BOARD MEMBER 0.25 0.0 X 0 0 0 0 0 0 0 false false false 0 138401 138401 0 183103 183103 0 0 0 0 0 770899 652353 118546 118546 118546 0 0 0 0 0 0 0 0 0 0 440050 301649 2184014 2184014 0 0 0 0 0 84578 0 84578 0 2223 0 2223 0 1362 0 1362 0 4243 0 4243 0 0 0 15618 0 15618 0 0 40876 40876 47506 0 47506 0 40212 0 40212 0 0 10372 0 10372 0 6451 0 6451 0 0 0 1326 0 1326 0 0 0 0 0 28500 0 28500 0 0 PUBLIC RELATIONS 11688 0 0 11688 . 0 . 0 . 0 2363 2363 2481332 2184014 244754 52564 2516601 447491 0 0 0 27265 18568 7465 0 0 0 0 0 0 7969 0 0 599 180000 169750 38750 10250 0 0 7279228 8142230 0 0 0 0 0 16883 9861116 8652183 48350 91219 0 0 0 32265 0 0 0 0 0 0 0 0 0 0 0 0 48350 123484 X 4260386 2976319 4302380 4302380 1250000 1250000 9812766 8528699 9861116 8652183 -2041282 757215 X false true X true false X 397031 288691 271007 183084 138401 1278214 0 0 397031 288691 271007 183084 138401 1278214 459395 818819 215088 180423 183298 171631 183103 933543 0 0 2211757 2533 0.37021 0.40601 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 180000 169750 10250 10250 MARKETABLE SECURITIES 1792335 F CHILD REST MARKETABLE SECURITI 2007027 F ELDER REST MARKETABLE SECURITI 406874 F NEH REST MARKETABLE SECURITIES 2509466 F OTWELL REST MARKETABLE SECURIT 993365 F OTHER RESTRICTED 433163 F 8142230 1197265 757215 757215 440050 440050 2481332 2481332 2481332 FORM 990, SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. true Fayetteville Public Library 401 W Mountain Fayetteville AR 72701 716039025 501(A) 2184014 N/A Build/Maint.library 1 SCHEDULE I, PART I, LINE 2 GRANTS TO THE FAYETTEVILLE PUBLIC LIBRARY ARE DETERMINED BY A THREE-YEAR MOVING AVERAGE OF THE FUND BALANCE OF THE VARIOUS ENDOWMENT FUNDS. FORM 990, PART III, LINE 3 THE FAYETTEVILLE PUBLIC LIBRARY FOUNDATION SPEARHEADS MAJOR FUND-RAISING CAMPAIGNS TO BRIDGE THE GAP CAUSED BY SHRINKING MUNICIPAL BUDGETS AND THE GROWING NEEDS OF THE FAYETTEVILLE PUBLIC LIBRARY. WORKING IN COOPERATION WITH OTHER LIBRARY-SERVING ORGANIZATIONS, WE ENSURE THAT THE FAYETTEVILLE PUBLIC LIBRARY HAS SUFFICIENT FINANCIAL RESOURCES TO CREATE A VIBRANT, MODERN LIBRARY SYSTEM THAT SERVES THE DIVERSE NEEDS OF EVERYONE IN OUR CITY. THE FAYETTEVILLE PUBLIC LIBRARY FOUNDATION'S PURPOSE IS TO ACCEPT DONATIONS FROM THE COMMUNITY TO FUND THE CONTINUED DEVELOPMENT AND ENHANCEMENT OF QUALITY LIBRARY SERVICES PROVIDED BY THE FAYETTEVILLE PUBLIC LIBRARY. THE GOAL OF THE FOUNDATION IS TO RAISE FUNDS TO SUPPLEMENT THE CITY OF FAYETTEVILLE BUDGET AND TO PROVIDE FOR ADDITIONAL MATERIALS AND EQUIPMENT FOR THE LIBRARY. THE FAYETTEVILLE PUBLIC LIBRARY FOUNDATION IS A PRIVATE, NONPROFIT CORPORATION COMMITTED TO PROVIDING SUPPLEMENTARY SUPPORT TO THE FAYETTEVILLE PUBLIC LIBRARY. THE FOUNDATION, WHILE REINFORCING THE NEED FOR CONTINUED AND INCREASED PUBLIC SUPPORT FOR THE LIBRARY, SERVES AS A CATALYST FOR ATTRACTING PRIVATE FUNDING FROM INDIVIDUALS, BUSINESSES, ORGANIZATIONS AND FOUNDATIONS TO ENHANCE LIBRARY SERVICES FOR OUR COMMUNITY. THE FAYETTEVILLE PUBLIC LIBRARY FOUNDATION IS DEDICATED TO ENSURING A QUALITY LIBRARY SYSTEM. THROUGH FUND RAISING ACTIVITIES, THE FOUNDATION WILL INVEST IN AN ENDOWMENT FOR THE LONG-TERM EXCELLENCE OF THE LIBRARY. IT ENCOURAGES COMMUNITY INVOLVEMENT WITH THE LIBRARY PROGRAM SUPPORT TO MEET THE EXPECTATIONS OF PRESENT AND FUTURE CITIZENS OF FAYETTEVILLE PUBLIC LIBRARY. THE FAYETTEVILLE PUBLIC LIBRARY FOUNDATION ENHANCES THE FAYETTEVILLE PUBLIC LIBRARY AS A COMMUNITY RESOURCE BY RAISING FUNDS FOR AN ENDOWMENT. OUR GOAL IS TO ENRICH, NOT REPLACE, TRADITIONAL TAX-BASED SUPPORT FOR THE LIBRARY THROUGH GIFTS, GRANTS AND BEQUESTS FROM INDIVIDUALS AND ORGANIZATIONS. FORM 990, PART VI, SECTION A, LINE 8B ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT CAN ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990 IS PERFORMED BY THE DIRECTOR OF ACCOUNTING AND HUMAN RESOURCES BEFORE THE TAX RETURN IS FILED WITH THE IRS. IN THE EVENT THAT POSITION OF THE DIRECTOR OF ACCOUNTING AND HUMAN RESOURCES IS OPEN, THE TAX RETURN IS REVIEWED BY THE FOUNDATION BOARD AND THE EXECUTIVE DIRECTOR OF FAYETTEVILLE PUBLIC LIBRARY. FORM 990, PART VI, SECTION B, LINE 12C UPON OR BEFORE ELECTION, HIRING OR APPOINTING, BOARD MEMBERS ARE REQUIRED TO MAKE A FULL, WRITTEN DISCLOSURE OF INTERESTS, RELATIONSHIPS, AND HOLDINGS THAT COULD POTENTIALLY RESULT IN A CONFLICT OF INTEREST. THESE WRITTEN DISCLOSURES ARE KEPT ON FILE AND UPDATED AS APPROPRIATE. IN THE COURSE OF MEETINGS OR ACTIVITIES, IF BOARD MEMBERS DISCLOSE ANY INTERESTS IN A TRANSACTION OR DECISION WHERE THEY, THEIR FAMILY, EMPLOYER, OR CLOSE ASSOCIATES WILL RECEIVE A BENEFIT OR GAIN, THEY ARE ASKED TO LEAVE THE ROOM FOR THE DISCUSSION AND WILL NOT BE PERMITTED TO VOTE ON THE DECISION. FORM 990, PART VI, SECTION B, LINE 15 OFFICERS OF THE FOUNDATION ARE NOT COMPENSATED BY THE FOUNDATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FAYETTEVILLE PUBLIC LIBRARY 401 W MOUNTAIN FAYETTEVILLE AR 72701 716039025 PUBLIC LIBRAR AR 501(c)(1) N/A NA false false true false false false false false false false false false false false false false false false false false