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Annapolis Area Imagination Library Endowment Fund
CFAAC Nonprofit Agency Designated Fund
About the Organization
This CFAAC Nonprofit Agency Designated Fund was established by the Annapolis Area Imagination Library to support its mission of fostering early literacy in young children in Anne Arundel County through book distribution via the Dolly Parton Imagination Library.
Dolly Parton's Imagination Library is a book-gifting program that mails free, high-quality books to children from birth to age five, regardless of their family's income. This initiative ensures that all children have access to valuable literacy resources, helping to promote a love of reading from an early age.
This designated fund was established during CFAAC's 25th Anniversary endowment initiative to help nonprofits create a lasting endowment for perpetual support of their mission. Your donation will help this nonprofit reach the $25,000 threshold required for endowment, allowing them to receive annual distributions to their operating budget in perpetuity. Please consider contributing to support their long-term sustainability.
SUPPORT THE ANNAPOLIS AREA IMAGINATION LIBRARY ENDOWMENT FUND
A MESSAGE FROM THE ANNAPOLIS AREA IMAGINATION LIBRARY
The goal of the Annapolis Area Imagination Library is to improve the early literacy skills of children from low-income and immigrant families so that they can succeed in learning to read in kindergarten – a key step towards success in school and in life.
THE CHALLENGE: Fewer than 50% of Anne Arundel children beginning school are considered prepared for the challenge, according to the results of the Maryland Kindergarten Readiness Assessment. The percent ready to thrive in kindergarten is much lower among some groups – for example, less than 30% among low-income and immigrant children.
A PROVEN SOLUTION: Research is clear on the value of books to the development of early literacy skills. Having 20 or more books at home is a better predictor of educational success than having a parent with a university education. Children growing up in homes with many books get 3 more years of education than children from bookless homes. Unfortunately, many low-income households have no children’s books at all.
WHAT WE DO: We send a new, high-quality book each month by mail to almost 2000 children from birth to age 5 in Annapolis, Brooklyn Park and Ft. Meade. We are the local affiliate of the Dolly Parton Imagination Library.
The national organization selects books for their appeal to children, age-appropriateness and educational value. They mail over 2 million books each month, which makes the cost per book very low – only $2.20 including postage. Our mission is to register children and fund the cost of books and mailing. In addition, we send messages by postcard and email periodically reminding parents of the importance of their role in the development of their child: talking, singing, playing, reading and writing.
SUPPORT THE ANNAPOLIS AREA IMAGINATION LIBRARY ENDOWMENT FUND
Make a Tax-Smart Impact
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 ext. 103.
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.