Prince Georges County Memorial Library System Foundation Inc
- Assets
- $1.4m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Largo, MD
- Founding
- 12/2014
- Data as of
- 06/2021
- EIN
- 47-1717681
Organization Overview
Prince Georges County Memorial Library System Foundation Inc is located in Largo, MD. The organization was established in 2014. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prince Georges County Memorial Library System Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE CRITICAL PHILANTHROPIC SUPPORT TO THE PRINCE GEORGE'S COUNTY MEMORIAL LIBRARY SYSTEM AND TO HELP STRENGTHEN THE LIBRARY'S CAPACITY TO INNOVATE, ADAPT TO CHANGE, AND ENSURE OUR LIBRARIES REMAIN A VITAL RESOURCE FOR ALL IN PRINCE GEORGE'S COUNTY NOW AND IN THE FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ONLINE 2GO - THE FOUNDATION SECURED A MAJOR PRIVATE GIFT FROM THE PULL UP FUND TO DEVELOP AND LAUNCH ONLINE 2GO, A NEW PROGRAM THAT OFFERS INTERNET-ENABLED CHROMEBOOKS TO CUSTOMERS FOR BORROWING. THE PROGRAM AIMS TO MITIGATE THE DIGITAL DIVIDE IN PRINCE GEORGE'S COUNTY, AS OVER 116,000 RESIDENTS LACK ACCESS TO HOME BROADBAND INTERNET. THIS PROGRAM GIVES CUSTOMERS A MORE MEANINGFUL OPPORTUNITY TO ACCESS TECHNOLOGY AND THE INTERNET AT HOME, RATHER THAN SIMPLY RELYING ON INTERNET AND COMPUTER ACCESS AT LIBRARY BRANCHES.
LOCAL IMPACT - THE FOUNDATION SECURED A GRANT FROM THE PRINCE GEORGE'S COUNTY LOCAL IMPACT COUNCIL TO FUND OXON HILL ACHIEVERS - A KIDS ACHIEVE PROGRAM THAT SUPPORTED EDUCATIONAL PROGRAMS, ACTIVITY KITS, AND TUTORING FOR YOUTH IN THE OXON HILL, MARYLAND AREA. THESE PROGRAMS AND RESOURCES SUPPLEMENTED VIRTUAL LEARNING OPPORTUNITIES AVAILABLE THROUGH PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS AND PGCMLS AT THE HEIGHT OF THE COVID-19 PANDEMIC.
CAPITAL ONE - THE FOUNDATION RECEIVED FUNDING FOR COVID19 VACCINE AWARENESS PROGRAM TO CONNECT INDIVIDUALS IN PRINCE GEORGE'S COUNTY WITH THE LATEST UP-TO-DATE INFORMATION ON VACCINE APPOINTMENT OPPORTUNITIES AND TO HOST A VACCINATION HOTLINE. THE FOUNDATION ALSO RECEIVED FUNDING FROM CAPITAL ONE FOR WORKFORCE DEVELOPMENT PROGRAM.
INDIVIDUAL GIVING, BOOKS FROM BIRTH, DIGITAL COLLECTIONS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Washington Douglass President | OfficerTrustee | 3 | $0 |
Patti Kim Vice President | OfficerTrustee | 1 | $0 |
Tracy Simpson Secretary | OfficerTrustee | 2 | $0 |
Ian Spears Treasurer | OfficerTrustee | 1 | $0 |
Damon Austin Board Member | Trustee | 1 | $0 |
Karen Clark-Reddon Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $70,495 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,333,009 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,403,504 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $23,373 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,426,877 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,974 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $472 |
| Total functional expenses | $70,838 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $929,432 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $482,996 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,412,428 |
| Accounts payable and accrued expenses | $7,830 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $105 |
| Total liabilities | $7,935 |
| Net assets without donor restrictions | $578,668 |
| Net assets with donor restrictions | $825,825 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,412,428 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Prince Georges County Memorial Library System Foundation Inc has recieved totaling $965,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $950,000 |
The Washington Commanders Charitable Foundation Inc Ashburn, VA PURPOSE: Donations | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Virginia Licensing & Ventures Group Charlottesville, VA | $21,114,215 | $9,580,641 |
Johns Hopkins University Retiree Medical Benefits Tr Baltimore, MD | $393,460,709 | $90,822,229 |
English-Bonter-Mitchell Foundation Pittsburgh, PA | $150,419,755 | $42,613,149 |
Duke Ellington School Of The Arts Project Washington, DC | $6,618,395 | $8,383,151 |
Delaware State University Foundation Inc Dover, DE | $37,335,368 | $19,092,791 |
Laborers-Employers Cooperation And Education Trust Washington, DC | $20,406,637 | $8,972,632 |
University Of Maryland Medical System Foundation Inc Baltimore, MD | $91,803,907 | $14,920,300 |
Isaac Newton Foundation Inc Philadelphia, PA | $139,547,072 | $8,902,357 |
Annenberg School For Communication Tr At The University Of Pa Philadelphia, PA | $121,203,086 | $8,507,152 |
Marshall-Wythe School Of Law Foundation Williamsburg, VA | $56,391,482 | $7,245,738 |
Horatio Alger Endowment Fund Alexandria, VA | $322,951,010 | $58,271,352 |
Old Dominion Athletic Foundation Norfolk, VA | $75,318,666 | $6,634,127 |