The Lake Villa District Library Foundation will work to diversify the funding base of the Lake Villa District Library by broadening the base of support for operational, capital and programmatic needs through philanthropy.
Build philanthropic capital for the Lake Villa District Library by beginning and maintaining long-term fund raising programs to provide support for operational, capital and programmatic needs.
Change the organizational culture of the Lake Villa District Library to a diversified funding model from a majority public tax funding model through education and communication.
Develop a compelling case for support which will motivate philanthropic support of the Lake Villa District Library.
Encourage the development of value-added library programs and services through targeted fund raising programs.
Collection Endowment Program
The Collection Endowment Program is being established by the Lake Villa District Library Foundation to provide an ongoing means for the expansion of the collections of the Lake Villa District Library.
An endowment will be established once a minimum $500 has been received for a specific collection endowment. Each year after the minimum amount has been received, 5% of the endowments value will be used to purchase a new book for the specific collection.
Tribute Book Program
The Tribute Book Program is being established by the Lake Villa District Library Foundation to provide a permanent form of acknowledgement which will be located at the Library in a book dedicated for this purpose.
This tribute program will allow individuals or groups to recognize others with a gift which will be used by many in the community. Individuals or groups may be memorialized or recognized for a specific achievement or accomplishment.
The type of recognition is not limited to any specific collection, format or type of book.