King County Library System Foundation

Organization Overview

King County Library System Foundation is located in Issaquah, WA. The organization was established in 1995. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. King County Library System Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, King County Library System Foundation generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SUPPORT FOR KING COUNTY LIBRARY SYSTEM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

KCLS'S INNOVATION PROGRAMS ARE PROGRAMS THAT INCLUDE ARTIFICIAL INTELLIGENCE EXPLORATION, HOTSPOT LENDING SERVICES, IDEAX, REMOTE PATRON LAPTOPS AND DIGITAL NAVIGATORS. KCLS STRIVES TO BECOME MORE INTEGRATED INTO EVERYDAY ACTIONS, CREATE NEW IDEAS AND CHANGE PROCESSES THAT SERVE ALL MEMBERS OF OUR COMMUNITY. KCLS FOUNDATION FUNDING SUPPORTS THE REMOVAL OF BARRIERS THROUGH THESE PROGRAMS AND ESTABLISHES KCLS AS A VALUED INSTITUTION THAT HELPS PATRONS PARTICIPATE IN OUR SOCIETY, DEMOCRACY, AND ECONOMY.


KCLS PURCHASED TWO LIBRARY LOCKER SYSTEMS IN RESPONSE TO COVID-19 TO MEET THE GROWING NEED FOR SAFE, CONTACTLESS PICK UP OF LIBRARY ITEMS AND ACCESS OUTSIDE OF NORMAL LIBRARY OPERATING HOURS. BOTHELL AND COVINGTON WERE CHOSEN VIA A PROCESS THAT CONSIDERED THE EQUITY OF DIGITAL ACCESS AND THE LOCATIONS SUITABILITY FOR OUTDOOR LOCKER INSTALLATION. THE LOCKERS REPRESENT AN EXPANDED SERVICE OPPORTUNITY THAT CAN BENEFIT KCLS BOTH NOW AND IN THE FUTURE.


KCLS'S EARLY LITERACY AND CHILDREN'S PROGRAMS INCLUDE RAISING A READER, SUPPORTING GRADE LEVEL READING, AND TAKE AND MAKE KITS. RAISING A READER IS A NATIONALLY RECOGNIZED PARENT ENGAGEMENT AND BOOK DELIVERY PROGRAM. KCLS PROVIDES DEVELOPMENTALLY APPROPRIATE AND DIVERSE BOOKS FOR YOUNG CHILDREN AND THEIR FAMILIES, WHICH ARE DISTRIBUTED THROUGH COMMUNITY PARTNERS EACH WEEK. SUPPORTING GRADE LEVEL READING PARTNERS WITH SCHOOLS TO FOSTER A LOVE OF READING HAS PROVEN BENEFICIAL TO PARTICIPANTS AS THEY CONTINUE THROUGH THEIR EDUCATION. IN ADDITION, DURING THE CLOSURE OF LIBRARY BUILDINGS AND SCHOOL REMOTE LEARNING, KCLS PURCHASED TAKE AND MAKE KITS THAT INCLUDED LITERACY AND STEM LEARNING ACTIVITIES AND SUPPLIES FOR CHILDREN. THE KITS WERE DISTRIBUTED TO UNDERSERVED FAMILIES THROUGH COMMUNITY PARTNERS INCLUDING FOOD BANKS.


KCLS' EXTENDING SERVICES TO PEOPLE EXPERIENCE HOMELESSNESS PROGRAM EXPANDED ITS OUTREACH TO TENT CITIES, PROVIDING ROBUST EMPLOYMENT, INFORMATION, AND REFERRAL SERVICES VIA DEDICATED KCLS STAFF UTILIZING THE BOOKMOBILE AND MOBILE COMPUTER LAB TO PROVIDE ONSITE SERVICES AND COLLABORATE WITH OTHER SERVICE PROVIDERS. SUMMER READING PROGRAM INCENTIVIZES CHILDREN, TEENS, AND ADULTS TO TAKE TIME TO READ IN THE SUMMER MONTHS. SUMMER READING MOTIVATES PEOPLE TO KEEP LEARNING OVER THE SUMMER, BUILDS COMMUNITY, AND ESTABLISHES THE LIBRARY AS A VALUED SPACE AND INFORMATION HUB FOR ALL AGES. AUTHORS OF COLOR EVENT SERIES WILL BRING AT LEAST FOUR HIGH-PROFILE AUTHORS REPRESENTING A RANGE OF DIVERSE BACKGROUNDS AND EXPERIENCES FOR AN ONLINE EVENT SERIES. WORKFORCE DEVELOPMENT SUPPORT KCLS'S POSITION IN HELPING OUR COMMUNITY BE PREPARED AND RESILIENT IN THIS CHANGING ECONOMIC REALITY.


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Board, Officers & Key Employees

Name (title)Compensation
Ducksoon Hwang
President
$0
Jim Wigfall
Vice President
$0
Theresa Huizi
Treasurer
$0
Mai Noonan
Secretary
$0
Ken Ryals
Exectuive Director
$0
Shobana Balakrishnan
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$102,500
Related organizations$0
Government grants $46,000
All other contributions, gifts, grants, and similar amounts not included above$849,937
Noncash contributions included in lines 1a–1f $52,232
Total Revenue from Contributions, Gifts, Grants & Similar$998,437
Total Program Service Revenue$0
Investment income $141,916
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $267,186
Net Income from Fundraising Events $368,813
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $295,905
Miscellaneous Revenue$0
Total Revenue $2,076,061

Grants Awarded

Over the last fiscal year, King County Library System Foundation has awarded $1,009,162 in support to 2 organizations.

Grant RecipientAmount

KING COUNTY LIBRARY SYSTEM

PURPOSE: SUPPORT LIBRARY PROGRAMS

$884,162

KING COUNTY LIBRARY SYSTEM

PURPOSE: SUPPORT LIBRARY CAPITAL CAMPAIGN - TUKWILA

$125,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that King County Library System Foundation has recieved totaling $23,000.

Awarding OrganizationAmount
Peter A & Marion W Schwartz Fam Foundation Tr

Canandaigua, NY

PURPOSE: GENERAL SUPPORT

$20,000
Kawabe Memorial Fund Aka Harry S Kawabe Trust

Dallas, TX

PURPOSE: UNRESTRICTED GENERAL

$3,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,405,305
Earnings$221,245
Net Contributions$84,000
Other Expense$10,000
Ending Balance$1,700,550

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