This Nonprofit Agency Endowed Fund was established in 2017 to support the mission of the Anne Arundel County Public Library (AACPL). The purpose of this fund is to receive and administer funds as an endowment to provide income and long-term protection for the operation of the AACPL. This Fund provides sustainable support to enhance all branches of the Anne Arundel County Public Library.
Help support AACPL with a special gift this year by donating to their Endowment Fund below.
Support the Anne Arundel County Public Library Endowment Fund
UNERSTANDING COMMUNITY NEEDS
“The greatest strength of the Community Foundation of Anne Arundel County (CFAAC),” says Ann Glenn, Executive Director, Anne Arundel County Public Library Foundation, “is its unique understanding of the needs of the County. I see the needs of the Library because that is my job. However, I cannot know or understand the needs of everyone in the County. CFAAC is the one nonprofit that is looking out for everyone in Anne Arundel County and tries to bring about an increased understanding of important issues. They are serving an extremely important function. They keep an eye on the big picture.”
The Anne Arundel County Public Library Foundation was founded just over 10 years ago with the mission to raise private sustainable support from individuals, businesses, organizations, and foundations to develop an exemplary library system with enhanced library resources and services. Funds raised by the Library Foundation help support the Library’s strategic initiatives including: Every Child Ready to Read programs; connecting county residents to technology, the internet and virtual services; creating welcoming, accessible and functional spaces; and fostering community engagement at each of the 16 library branches in its service area.
The Library Foundation has had an Agency Endowed Fund with the Community Foundation of Anne Arundel County (CFAAC) for a little more than a year. “I knew a number of people involved with the Community Foundation who were leaders in the community. I knew if those individuals were giving of their time and reputations, then this was a good organization,” says Ann.
The Library Foundation has only two staff members. Fundraising, establishing relationships with community organizations and potential donors, and managing an endowment takes a lot of time. Ann says working with CFAAC frees up her time to network, organize events, and share information about the library. CFAAC provides the Library Foundation with efficient reporting, investment expertise, and answers her questions quickly.
Additionally, CFAAC educates the community about social issues affecting Anne Arundel County and offers the Library visibility in the community. The Library and CFAAC’s missions are in step with one another, which is to “build strong families and communities.”
For more information on Agency Endowed Funds, please call call 410-280-1102 ext. 102.
Support the Anne Arundel County Public Library Endowment Fund
Many people like you are making tax smart donations with appreciated stocks and bonds, qualified charitable distributions(QCD) from an IRA, or a variety of planned gifts. For more information, please email John@CFAAC.org or call 410.280-1102 x103.
Should you wish to make a non-cash donation, CFAAC accepts gifts of appreciated stock for the benefit of this fund. To initiate this transaction, contact your broker with the number of shares of each security you wish to give. All gifts of stocks and bonds which are “DTC Eligible” can be transferred to CFAAC using the information below:
- Pershing, LLC Depository Trust Company (DTC) #0443 For the credit to: Pershing, LLC #4S2117401
- Account name: The Community Foundation of Anne Arundel County
PLEASE NOTE: Donor names are rarely provided when securities are transferred electronically. To ensure your gift is correctly allocated, please email Kathy@CFAAC.org with the gift amount and the name of the fund your gift will support.