A public private partnership will reduce the cost to the Wolfeboro taxpayers of expanding and renovating the Wolfeboro Public Library. The process is consistent with the approaches used in the private donations to the Town Hall and to the Abenaki Lodge. These two projects have set a very solid precedent for the Library project to be supported by private pledging.
The Foundation is incorporated and regulated under the laws of the State of New Hampshire. The business of the Foundation is conducted by a volunteer Board of Directors made up of private citizens of Wolfeboro and the surrounding area.
The fundraising campaign to raise the capital for the Wolfeboro Public Library renovation and expansion project is being conducted during 2016, 2017 and 2018.
Yes. The Foundation will collect donations in 2016 and 2017 and hold them for the renovation and expansion of the Library.
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You can view the Library Building Fund Agreement for more information.
Pledges to the Foundation’s Library Building Fund are of two types, - Conditional 3 year 2018-19-20 Pledges and Unconditional 5 year Pledges covering 2016-17-18-19-20. Conditional pledge payments become payable after passage of the 2018 Wolfeboro Library Construction Warrant article.
Yes, your donations to the Foundation’s Library Building Fund are tax deductible to the full extent of the law. The Wolfeboro Public Library Foundation is a 501(c) Corporation.
Yes, instructions are available describing the process to donate securities.
The Wolfeboro Library and the Wolfeboro Public Library Foundation need volunteers to assist with this project. Please sign-up at the Library and let us know what you are willing to do..
The Library Foundation will announce pledge totals throughout the campaign. The total of the pledges and contributions will be announced to the Town citizens at the 2018 Deliberative Session..
An appropriate schedule for paying the Foundation money to the Town will be arranged with Town officials consistent with the construction cycle of the expanded library building.
The Library Board of Trustees, Library staff, Friends of the Library, and the Foundation are all working together in jointly supporting the renovation and expansion of the library building. The Library Director is an official Liaison to the Foundation Board. One additional member of the Library Board of Trustees and Chair of the Library Building Committee is a Foundation Director. The Friends of the Library and the Library Foundation Board each have members on the Library Building Committee.