Below are some guidelines to consider in setting up a foundation.
- must have its own long-range or strategic plan for donor confidence,
- must have a clear picture of the composition of its board,
- need experienced fundraisers,
- maintain contacts with community philanthropists,
- be composed of civic-minded individuals who are library supporters but not necessarily library users,
- must understand its role is different from either the board of trustees or the Friends of the Library,
- must be capable and willing to do its own work and have its own budget,
- cannot expect the library staff or director to do its paperwork, etc.,
- cannot expect the library to absorb its expenses,
- must recognize that foundation fundraising involves large sums of money rather than small events which are better suited to Friends direct fundraising efforts.
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