Audited Financial Statements – FY17About the Memphis Library Foundation
The Memphis Library Foundation is a 501(c)(3) charitable organization established in 1994, chartered as the Foundation for the Library. The Memphis Library Foundation mission is to enhance the Memphis Public Library & Information Center, by securing needs and funding through private support. Read more about supporting the library here.
The Foundation’s first objective was to organize and conduct a capital campaign for the Central Library, for which it raised $21.5 million. To date, the Memphis Library Foundation has raised nearly $30 million in funds to support the important work of the Memphis Public Library & Information Center.
A recent objective included raising $2 million for the construction of CLOUD901, a teen learning lab, which the foundation exceeded. More recent objectives, all of which have been met, include: upgrading the WYPL radio station (89.3FM) to include live streaming, providing over 10 free summer camps for teens and tweens, adding additional materials for programs and collections, and completing 8 DiscoverREAD centers, providing early literacy learning for young kids and their families.
Download our latest annual report and view our latest 990 form here: