The Mannsville Free Library is grateful for the community’s continued support. The library uses donations to help give back to the community by offering programs, materials, and services.
One of the most effective ways to support the library is by giving through Mannsville Free Library’s dedicated endowment fund at Northern New York Community Foundation.
Established in February 2023, the endowment creates an ongoing source of income, consisting of an invested pool of money that provides a reliable source of income from which Mannsville Free Library can count on an increasingly greater annual distribution for its mission.
An endowment fund can grow and provide support for its designated purpose in perpetuity. By contributing to the endowment fund, you create a permanent legacy of support for the Mannsville Free Library and its mission to engage the community in life-long learning for all by providing equal access to information, technology, gathering spaces, and knowledgeable staff.
An endowment fund is a dedicated, permanent, self-sustaining source of funding. Because endowment assets are invested each year, only a portion of the value of the fund is paid out to support the fund’s purpose; any earnings in excess of this distribution are used to build the fund’s value.
An endowment fund also grows over time with additional gifts from multiple donors. As part of a portfolio of funds managed by Northern New York Community Foundation, the Mannsville Free Library Endowment Fund is now in a position to receive gifts from NNYCF benefactors looking to invest in the community.
But an endowment can benefit the donor, too! An endowment gift is a permanent tribute to you, the donor, and grows the value of your gift for future generations. As you are making a significant investment in the future of Mannsville Free Library, you can receive great satisfaction from making this tax-deductible gift that keeps on giving. Follow the link, make the donation, and you will receive a receipt for your records. Even a small donation can make a big impact!