Eugene Public Library Foundation

What it reported doing in 2024

Program accomplishments for eugene public library foundationjuly 2024 - june 2025through specialized fundraising projects, the foundation has been able to support initiatives based on the library's needs. With close to $3 million cuts per year to the library's general fund, this support is even more important, since those cuts have eliminated the ability for library staff to purchase new books, support programming, or fund new materials. Foundation support allows the library to continue to bring in high quality and popular authors, grow the very popular "library of things", and add up to date selections of high interest books and dvds to their "lucky day" collection.as the eugene program partner for dolly parton's imagination library, the foundation raises funds for local imagination library expenses via an annual luncheon. The luncheon for the 2024-25 fiscal year was held on october 9, 2024.at booked for the evening 2025: uplifting community, the foundation's premiere annual fundraising event that was held on may 3, attendees gathered in the downtown library, for the first time on the fourth floor, to support the first stage of the fourth floor transformation from space used for offices for city employees from 2002-2024, to a much needed programming space for the library. More than 265 guests attended the event. Funds raised will allow the library to purchase movable furniture and walls, paint, carpeting, and other needed enhancements.foundation support allowed eugene public library staff to bring nyt bestselling author, tj klune, to the library the week following booked for the evening, on may 10. More than 325 community members attended the presentation. In summer of 2024, foundation support funded a free talk by lidia yuknavitch, bestselling author of the acclaimed novel "thrust," which was the adult summer reading book for that year.the foundation held its second annual love your library design contest in january 2025. The public was invited to submit a design conveying a love for eugene public library. Over 65 designs were submitted and more than 1,200 voters weighed in on their favorites from the finalists. The grand prize winner was introduced to attendees at booked for the evening, then to the public the week following, along with the runners up. In august 2024, the foundation hosted at the downtown library an exhibition of the first annual love your library design contest, which were submitted in january 2024.

Financial Efficiency

• Mission deployment rate: 34.2%; rating input score 34
• Program expense ratio: 62.2%; rating input score 62
• Fundraising efficiency: $10.08 raised per $1 spent on fundraising; rating input score 38; 38th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 6 of 8 controls in place; rating input score 75
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 50.3%; rating input score 92; 92nd percentile among comparable filings
• Total-asset coverage ratio: 5.2; rating input score 85; 85th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
• Officer compensation ratio: 16.4%; rating input score 20; 20th percentile among comparable filings

Growth

• Program expense growth: 4.1% per year; rating input score 100; 37th percentile among comparable filings
• Revenue growth: 8.2% per year; rating input score 100; 60th percentile among comparable filings
• Asset growth: 10.9% per year; rating input score 100; 61st percentile among comparable filings