Throughout the year new books are being purchased and subscriptions maintained to more than 120 magazines, newspapers and financial reports. Where does the money for all this come from? While your dues pay for the operation of the library (building, utilities, supplies, etc), the books, DVDs, Books on CD and other materials available in the library are paid for by the Friends of the Library.
Although the Friends do raise money in a number of ways, such as book sales and Thursday night movies, the majority of the money for these materials comes from the Endowment Fund. This fund is made up of contributions from residents of Sun City West who respond to our annual fund drive by mailing or dropping off a check or cash donation.
Many companies will match the gifts of their former employees, because the Friend of the Library is a 501(c) 3 organization, and such gifts are tax-deductible. |