The Wyoming Public Library Endowment Challenge Program
PHASE ONE
In February 2008 the Wyoming legislature passed a three-tiered Public Library Endowment Challenge Program, which became effective July 1, 2008. Each library was given five years to raise their designated matching funds. On December 23, 2008 - just shy of six months later - the Laramie County Library was the first library in the state to complete raising the maximum funds allowed to receive their 2:1 match from the State.
The state matching funds of $295,652 added to the $147,826 raised by the Foundation gave the library its start toward a sound financial future in the amount of $443,478. The endowment donations can never be spent, but the interest earned will be significant enough to support and fund more library programs and services for years to come.
PHASE TWO
Because the Laramie County Library Foundation (LCLF) has completed Phase One, we can now raise another $50,000 to qualify for the additional $100,000 incentive payment provided in the state legislation. If you are interested in making each dollar you donate become three dollars, please send your donation now. The balance to complete Phase Two stands at $23,830.
Please make checks payable to LCLF and mail to:
Laramie County Library Foundation
2200 Pioneer Avenue,
Cheyenne, WY 82001.
| Endowment
The Public Endowment Challenge Program
provides for a 2:1 match for each dollar raised, up to $147,826. |
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Programming
The Foundation recently committed to
raising funds for all programs due to the budget shortfall. |
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Naming
Opportunities
Many areas in the library are still
available for naming opportunites, to honor or remember individuals,
families or businesses. |
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Honorariums
Establish a memorial for or honor your
family and friends. Tell us how you want the memorial to be managed and spent. |
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Greatest Need
There are many requests from staff
for funding programs, services, materials and more, which are not
covered by limited public funds. |
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Planned Giving
Contact us about planning your estate,
trust, or other means of planned giving. |
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