Why a Foundation?
The Library's Board of Trustees identified a need to strategically and creatively plan for the organization's sustained excellence, respond to immediate community needs, and nimbly react to timely initiatives. Libraries across the nation have addressed these needs with the formation of a foundation (more than 79% of public libraries have an affiliated 501(c)(3) foundation) - it's a model that works! The creation of the Dayton Metro Library Foundation provides needed support to the Library to be responsive. Through the Foundation, the Library is able to reach beyond the ordinary.
A Look at Library Funding
The Library's annual budget is funded from Ohio's Public Library Fund through the biennial operating budget (50%) and a county levy through property tax (35%), as well as miscellaneous sources (reserves, earnings, services, donations, etc. 15%). Other public library systems in Montgomery County are funded in a similar way. Beyond public funding, Germantown and Washington-Centerville both work in partnership with community foundations to seek donations to support special projects. Like Dayton Metro, Wright Memorial Library in Oakwood has a separate foundation to support its mission.
The bond issue passed with overwhelming support in 2012 is making the Libraries for a Smarter Future plan a reality with the expansion of the Main Library, the building of 11 new Branches, and the renovation of 5 Branches. The Foundation helps amplify these new, modern spaces with exciting programs and unique offerings. Special literacy projects, support for kindergarten readiness, partnerships with college/career preparation programs, enhanced programs, cutting edge technology, and engaging public art to fill these beautiful new spaces are just some of the projects that are funded through the Foundation.
The Dayton Metro Library Foundation provides support for special initiatives of the Library that might otherwise go unfunded.