Liabilities / Assets
24th percentile
Higher debt load relative to assets than 24% of similar nonprofits.
Fayetteville Public Library Foundation
990 • Fiscal year 2014 • EIN 71-0827418
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.03x
Liabilities / Revenue
70th percentile
Higher debt load relative to revenue than 70% of similar nonprofits.
Net Margin
92nd percentile
Higher net margin than 92% of similar nonprofits.
Top Officer Pay
19th percentile
Higher top officer pay than 19% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
57th percentile
Faster asset growth than 57% of similar nonprofits.
Revenue Growth
5th percentile
Faster revenue growth than 5% of similar nonprofits.
Balance Sheet
Assets
Up$9,766,623
Up $431,731 (+4.6%) from 2013
Net Assets
Up$9,473,774
Up $472,338 (+5.2%) from 2013
Liabilities
Down$292,849
Down $40,607 (-12%) from 2013
Revenue And Expenses
Revenue
Down$586,295
Down $499,362 (-46%) from 2013
Expenses
Down$258,066
Down $249,550 (-49%) from 2013
Net Income
Down$328,229
Down $249,812 (-43%) from 2013
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2014 to Dec 31, 2014
- Signed
- May 21, 2015
- Return Version
- 2014v5.0
- Gross Receipts
- $1,008,906
Mission and Program Overview
Mission
The fayetteville public library foundation spearheads major fund-raising campaigns to bridge the gap caused by shrinking municipal budgets and the library's growing needs.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Other Securities | $6,485,965 | $6,682,689 | ▲ $196,724 |
| Cash and Non-Interest-Bearing Accounts | $2,317,095 | $2,672,556 | ▲ $355,461 |
| Pledges and Grants Receivable | $361,750 | $266,773 | ▼ $94,977 |
| Land, Buildings, and Equipment, Net | $138,750 | $110,750 | ▼ $28,000 |
| Accounts Receivable | $23,363 | $25,886 | ▲ $2,523 |
| Inventories for Sale or Use | $7,969 | $7,969 | → $0 |
| Savings and Temporary Cash Investments | $0 | $0 | → $0 |
| Other Notes and Loans Receivable, Net | $0 | $0 | → $0 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Program Related | $0 | $0 | → $0 |
| Investments in Publicly Traded Securities | $0 | $0 | → $0 |
| Intangible Assets | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Prepaid Expenses and Deferred Charges | $0 | $0 | → $0 |
| Total Assets | $9,334,892 | $9,766,623 | ▲ $431,731 |
| Other Assets Total | $0 | $0 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $68,062 | $163,113 | ▲ $95,051 |
| Deferred Revenue | $265,394 | $129,736 | ▼ $135,658 |
| Grants Payable | $0 | $0 | → $0 |
| Mortgage Notes Payable Secured by Investment Property | $0 | $0 | → $0 |
| Unsecured Notes Loans Payable | $0 | $0 | → $0 |
| Other Liabilities | $0 | $0 | → $0 |
| Escrow Account Liability | $0 | $0 | → $0 |
| Tax Exempt Bond Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $333,456 | $292,849 | ▼ $40,607 |
| Net Assets / Fund Balance | |||
| Temporarily Rstr Net Assets | $3,765,082 | $4,200,461 | ▲ $435,379 |
| Unrestricted Net Assets | $3,986,354 | $4,023,313 | ▲ $36,959 |
| Permanently Rstr Net Assets | $1,250,000 | $1,250,000 | → $0 |
| Total Net Assets Fund Balance | $9,001,436 | $9,473,774 | ▲ $472,338 |
| Total Liabilities and Net Assets / Fund Balance | $9,334,892 | $9,766,623 | ▲ $431,731 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $110,750 | $69,250 | $180,000 |
| Other Securities | $364,726 | - | - |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| William Jackson Butt Ii | President |
| Sallie Overbey | Vice-president |
| Brock Gearhart | Board Member |
| George Faucette | Board Member |
| Kim Agee | Board Member |
| Marti Sharkey | Board Member |
| Mike Russell | Board Member |
| Nicole Olmstead | Board Member |
| Tony Uth | Board Member |
| David Russell | Secretary/treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $288,691
- Program Service Revenue
- $0
- Investment Income
- $290,316
- Other Revenue
- $7,288
- All Other Contributions
- $288,691
- Change in Net Assets
- $328,229
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $586,295
- Revenue Not Reported on Form 990
- $145,589
- Total Revenue per Audited Statements
- $731,884
- Total Revenue per Form 990
- $586,295
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $129,940 |
| Grants and Similar Amounts Paid | $128,126 |
| Total Fundraising Expense | $37,208 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $128,126 | - | - | $128,126 |
| Fees for Service Investment Mgmnt Fees | - | $42,192 | - | $42,192 |
| Other Expenses | - | - | $37,208 | $37,208 |
| Depreciation Depletion | - | $33,000 | - | $33,000 |
| Fees for Services Accounting | - | $14,745 | - | $14,745 |
| All Other Expenses | - | $1,420 | - | $1,420 |
| Travel | - | $1,119 | - | $1,119 |
| Fees for Services Other | - | $256 | - | $256 |
| Total Functional Expenses | $128,126 | $92,732 | $37,208 | $258,066 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $259,546 |
| Expenses per Audited Statements | $258,066 |
| Total Expenses per Form 990 | $258,066 |
| Expenses Not Reported on Form 990 | $1,480 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Fayetteville Public Library | Fayetteville, AR | 501(a) | Build/Maint.library | $128,126 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
Insider Transactions and Loans
Loans and Receivables
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Backup withholding compliance
- Yes
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section A, Line 8B
“Organization does not have any committees that can act on behalf of the governing body.”
Form 990, Part VI, Section B, Line 11B
“Review of form 990 is performed by the director of administrative services before the tax return is filed with the irs. In the event that position of the director of adminstrative services is open, the tax return is reviewed by the foundation board and the executive director of fayetteville public library.”
Form 990, Part VI, Section B, Line 12C
“Board minutes are read by the executive director and any conflicts of interest are brought to the attention of the board immediately.”
Form 990, Part VI, Section B, Line 15
“Officers of the foundation are not compensated by the foundation.”
Form 990, Part VI, Section C, Line 19
“Governing documents, conflict of interest policy, and financial statements are not made available to the public.”
Filing and Contact Details
Filer
- Filer Name
- Fayetteville Public Library Foundation
- EIN
- 71-0827418
- In Care Of
- % STEPHEN DAVIS
- Phone
- 4798567102
- Address
- 401 W MOUNTAIN, Suite, FAYETTEVILLE, AR 72701
Signing Officer
- Name
- David Russell
- Title
- Secretary/treasurer
- Phone
- 4798567102
- Signed
- 2015-05-21
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Jack Butt
- Formed
- 1999
- Legal Domicile
- Ar
- Voting Board Members
- 10
- Independent Board Members
- 10
- Employees
- 0
- Volunteers
- 11
Preparer
- Firm
- Bkd Llp
- Address
- 5000 ROGERS AVE STE 700, FORT SMITH, AR 72903-2079
- Preparer
- Don C DeSoto
- Phone
- 4798567102
Supplemental Narrative
Additional Explanations
Form 990, Part III, Line 3
“The fayetteville public library foundation spearheads major fund-raising campaigns to bridge the gap caused by shrinking municipal budgets and the growing needs of the fayetteville public library. Working in cooperation with other library-serving organizations, we ensure that the fayetteville public library has sufficient financial resources to create a vibrant, modern library system that serves the diverse needs of everyone in our city. The fayetteville public library foundation's purpose is to accept donations from the community to fund the continued development and enhancement of quality library services provided by the fayetteville public library. The goal of the foundation is to raise funds to supplement the city of fayetteville budget and to provide for additional materials and equipment for the library. The fayetteville public library foundation is a private, nonprofit corporation committed to providing supplementary support to the fayetteville public library. The foundation, while reinforcing the need for continued and increased public support for the library, serves as a catalyst for attracting private funding from individuals, businesses, organizations and foundations to enhance library services for our community. The fayetteville public library foundation is dedicated to ensuring a quality library system. Through fund raising activities, the foundation will invest in an endowment for the long-term excellence of the library. It encourages community involvement with the library program support to meet the expectations of present and future citizens of fayetteville public library. The fayetteville public library foundation enhances the fayetteville public library as a community resource by raising funds for an endowment. Our goal is to enrich, not replace, traditional tax-based support for the library through gifts, grants and bequests from individuals and organizations.”
Form 990, Part XI, Line 5
“Unrealized gains on investments $ 144,109.”
Financial Statement Notes
Amounts Included on Form 990, Pt VIII, Line 10B, But Not on Line 1
“Form 990, schedule d, part xi, line 4b cost of goods sold $1,480”
Amounts Included on Line 1, But Not on Form 990, Pt IX, Ln 25
“Form 990, schedule d, part xii, ln 2d cost of goods sold $1,480”
Form 990, Schedule D, Part X, Line 2
“The foundation is exempt from income taxes under section 501 of the internal revenue code and similar provision of state law. However, the foundation is subject to federal income tax on any unrelated business taxable income.”
Raw XML AppendixShowing 400 of 528 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 68062 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 163113 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 23363 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 25886 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THE FAYETTEVILLE PUBLIC LIBRARY FOUNDATION SPEARHEADS MAJOR FUND-RAISING CAMPAIGNS TO BRIDGE THE GAP CAUSED BY SHRINKING MUNICIPAL BUDGETS AND THE LIBRARY'S GROWING NEEDS. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 0 |
| IRS990/AllOtherContributionsAmt | 0 | 288691 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1420 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 1420 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | STEPHEN DAVIS |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4798567102 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 401 W MOUNTAIN |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | FAYETTEVILLE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AR |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 72701 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 2317095 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 2672556 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 0 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CostOfGoodsSoldAmt | 0 | 1480 |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 288691 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 128126 |
| IRS990/CYInvestmentIncomeAmt | 0 | 290316 |
| IRS990/CYOtherExpensesAmt | 0 | 129940 |
| IRS990/CYOtherRevenueAmt | 0 | 7288 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 328229 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 258066 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 37208 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 586295 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 265394 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 129736 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 33000 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 33000 |
| IRS990/Desc | 0 | Build and Maintain a new library, Advancement of the role of library in encouraging reading, knowledge acquisition, and a love of literature. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/EscrowAccountLiabilityGrp/BOYAmt | 0 | 0 |
| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 128126 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 14745 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 14745 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 256 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 256 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 42192 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 42192 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 9 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | WILLIAM JACKSON BUTT II |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | GEORGE FAUCETTE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | SALLIE OVERBEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MIKE RUSSELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | TONY UTH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | KIM AGEE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | BROCK GEARHART |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | NICOLE OLMSTEAD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | DAVID RUSSELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | MARTI SHARKEY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE-PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | SECRETARY/TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 1999 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 109893 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 10 |
| IRS990/GrantAmt | 0 | 128126 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 0 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 0 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 128126 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 128126 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 531024 |
| IRS990/GrossReceiptsAmt | 0 | 1008906 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 609 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 10 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 0 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/TotalAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 7969 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 7969 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 180423 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 180423 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 6485965 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 6682689 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 4 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 69250 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 138750 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 110750 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 180000 |
| IRS990/LegalDomicileStateCd | 0 | AR |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 421131 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LoansFromOfficersDirectorsGrp/BOYAmt | 0 | 0 |
| IRS990/LoansFromOfficersDirectorsGrp/EOYAmt | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | false |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | SEE SCHEDULE O |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 9001436 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 9473774 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 109893 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 109893 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | -871 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | -871 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 144109 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 0 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | PUBLIC RELATIONS |
| IRS990/OtherExpensesGrp/Desc | 1 | . |
| IRS990/OtherExpensesGrp/Desc | 2 | . |
| IRS990/OtherExpensesGrp/Desc | 3 | . |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 37208 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 37208 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 8159 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 8159 |
| IRS990/OtherRevenueTotalAmt | 0 | 8159 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 0 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 0 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt | 0 | 1250000 |
| IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt | 0 | 1250000 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 361750 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 266773 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | JACK BUTT |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 397031 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 353771 |
| IRS990/PYInvestmentIncomeAmt | 0 | 685449 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 153845 |
| IRS990/PYOtherRevenueAmt | 0 | 3177 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 578041 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 507616 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1085657 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt | 0 | 0 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 328229 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/PersonalAmt | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | true |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 287820 |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 288691 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 397031 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 520674 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 898344 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 291596 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 2396336 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 180423 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 215088 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 212546 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 181400 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 186158 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 975615 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 14154 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.71067 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.70460 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 2396336 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 288691 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 397031 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 520674 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 898344 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 291596 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 2396336 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 3371951 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 1480 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 258066 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | 144109 |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 1480 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 110750 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 69250 |
| IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 180000 |
| IRS990ScheduleD/OtherRevenueAmt | 0 | 1480 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 1476432 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 1 | 1785302 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 2 | 414082 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 3 | 1832511 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 4 | 809636 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 5 | 364726 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | MARKETABLE SECURITIES |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | CHILD REST MARKETABLE SECURITI |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 2 | ELDER REST MARKETABLE SECURITI |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 3 | NEH REST MARKETABLE SECURITIES |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 4 | OTWELL REST MARKETABLE SECURIT |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 5 | OTHER RESTRICTED |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | F |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 1 | F |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 2 | F |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 3 | F |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 4 | F |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 5 | F |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 145589 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 586295 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | FORM 990, SCHEDULE D, PART XI, LINE 4B COST OF GOODS SOLD $1,480 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | FORM 990, SCHEDULE D, PART XII, LN 2D COST OF GOODS SOLD $1,480 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501 OF THE INTERNAL REVENUE CODE AND SIMILAR PROVISION OF STATE LAW. HOWEVER, THE FOUNDATION IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | AMOUNTS INCLUDED ON FORM 990, PT VIII, LINE 10B, BUT NOT ON LINE 1 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | AMOUNTS INCLUDED ON LINE 1, BUT NOT ON FORM 990, PT IX, LN 25 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, SCHEDULE D, PART X, LINE 2 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 110750 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 6682689 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 258066 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 586295 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 731884 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 259546 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | true |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 128126 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501(A) |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | Build/Maint.library |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | Fayetteville Public Library |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 716039025 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 401 W Mountain |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | Fayetteville |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | AR |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 72701 |
| IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc | 0 | N/A |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | GRANTS TO THE FAYETTEVILLE PUBLIC LIBRARY ARE DETERMINED BY A THREE-YEAR MOVINGYAVERAGE OF THE FUND BALANCE OF THE VARIOUS ENDOWMENT FUNDS. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE I, PART I, LINE 2 |
| IRS990ScheduleI/Total501c3OrgCnt | 0 | 1 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE FAYETTEVILLE PUBLIC LIBRARY FOUNDATION SPEARHEADS MAJOR FUND-RAISING CAMPAIGNS TO BRIDGE THE GAP CAUSED BY SHRINKING MUNICIPAL BUDGETS AND THE GROWING NEEDS OF THE FAYETTEVILLE PUBLIC LIBRARY. WORKING IN COOPERATION WITH OTHER LIBRARY-SERVING ORGANIZATIONS, WE ENSURE THAT THE FAYETTEVILLE PUBLIC LIBRARY HAS SUFFICIENT FINANCIAL RESOURCES TO CREATE A VIBRANT, MODERN LIBRARY SYSTEM THAT SERVES THE DIVERSE NEEDS OF EVERYONE IN OUR CITY. THE FAYETTEVILLE PUBLIC LIBRARY FOUNDATION'S PURPOSE IS TO ACCEPT DONATIONS FROM THE COMMUNITY TO FUND THE CONTINUED DEVELOPMENT AND ENHANCEMENT OF QUALITY LIBRARY SERVICES PROVIDED BY THE FAYETTEVILLE PUBLIC LIBRARY. THE GOAL OF THE FOUNDATION IS TO RAISE FUNDS TO SUPPLEMENT THE CITY OF FAYETTEVILLE BUDGET AND TO PROVIDE FOR ADDITIONAL MATERIALS AND EQUIPMENT FOR THE LIBRARY. THE FAYETTEVILLE PUBLIC LIBRARY FOUNDATION IS A PRIVATE, NONPROFIT CORPORATION COMMITTED TO PROVIDING SUPPLEMENTARY SUPPORT TO THE FAYETTEVILLE PUBLIC LIBRARY. THE FOUNDATION, WHILE REINFORCING THE NEED FOR CONTINUED AND INCREASED PUBLIC SUPPORT FOR THE LIBRARY, SERVES AS A CATALYST FOR ATTRACTING PRIVATE FUNDING FROM INDIVIDUALS, BUSINESSES, ORGANIZATIONS AND FOUNDATIONS TO ENHANCE LIBRARY SERVICES FOR OUR COMMUNITY. THE FAYETTEVILLE PUBLIC LIBRARY FOUNDATION IS DEDICATED TO ENSURING A QUALITY LIBRARY SYSTEM. THROUGH FUND RAISING ACTIVITIES, THE FOUNDATION WILL INVEST IN AN ENDOWMENT FOR THE LONG-TERM EXCELLENCE OF THE LIBRARY. IT ENCOURAGES COMMUNITY INVOLVEMENT WITH THE LIBRARY PROGRAM SUPPORT TO MEET THE EXPECTATIONS OF PRESENT AND FUTURE CITIZENS OF FAYETTEVILLE PUBLIC LIBRARY. THE FAYETTEVILLE PUBLIC LIBRARY FOUNDATION ENHANCES THE FAYETTEVILLE PUBLIC LIBRARY AS A COMMUNITY RESOURCE BY RAISING FUNDS FOR AN ENDOWMENT. OUR GOAL IS TO ENRICH, NOT REPLACE, TRADITIONAL TAX-BASED SUPPORT FOR THE LIBRARY THROUGH GIFTS, GRANTS AND BEQUESTS FROM INDIVIDUALS AND ORGANIZATIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT CAN ACT ON BEHALF OF THE GOVERNING BODY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | REVIEW OF FORM 990 IS PERFORMED BY THE DIRECTOR OF ADMINISTRATIVE SERVICES BEFORE THE TAX RETURN IS FILED WITH THE IRS. IN THE EVENT THAT POSITION OF THE DIRECTOR OF ADMINSTRATIVE SERVICES IS OPEN, THE TAX RETURN IS REVIEWED BY THE FOUNDATION BOARD AND THE EXECUTIVE DIRECTOR OF FAYETTEVILLE PUBLIC LIBRARY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | BOARD MINUTES ARE READ BY THE EXECUTIVE DIRECTOR AND ANY CONFLICTS OF INTEREST ARE BROUGHT TO THE ATTENTION OF THE BOARD IMMEDIATELY. |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $9,766,623
- Liabilities
- $292,849
- Net assets
- $9,473,774
- Revenue
- $586,295
- Expenses
- $258,066
- Net income
- $328,229