A 2:1 Matching Endowment Opportunity for the Teton County Library
The Wyoming Public Library Endowment Challenge is the most important legislation for our libraries ever passed into law. This challenge will help all Wyoming county libraries build endowments and will specifically provide a 1:1 match on all dollars raised up to $687,000 for the Teton County Library. Intended to provide revenue above and beyond that allocated by the County Commissioners, this challenge will create a permanent fund for the enhancement and enrichment of the Teton County Library of nearly $1,400,000.
The Teton County Library Foundation has already raised $407,000. Thanks to an additional $225,000 challenge grant from an anonymous local foundation that created a 2:1 matching opportunity, just $45,000 remains to be raised. Every dollar donated will generate a dollar in matching funds from the State of Wyoming as well as an additional dollar in matching funds from the anonymous local foundation. Thus, once the remaining $45,000 is raised, it will yield an investment of $135,000.
All pledges to this campaign must be received by June 30, 2017 and all commitments are required to be funded by December 31, 2018.
Your commitment of a gift to this campaign will help to stabilize the economic future of Foundation-sponsored library programs and resources. More than ever before, the residents of Teton County rely on the Library Foundation to provide the margin of excellence that creates a great public library. Simply stated, Foundation support enables the Library to realize its vision of being the community’s open door to a world of opportunity and fulfillment.
To find out more about this unprecedented opportunity to make a difference for Teton County Library, contact Missy Falcey, Executive Director (x 114) or Pauline Towers-Dykeman, Associate Director (x 217) of the Teton County Library Foundation at 733-2164.