Fund for Illinois Libraries
The Illinois Library System Directors
Organization (ILSDO), a tax-exempt 501(c)(3) organization, was
formed to promote the development of libraries and multitype Library Systems
in Illinois and to encourage the improvement of library service
to all Illinois residents.
As a way of increasing library funding,
libraries often solicit funds from the general public, businesses,
or foundations. In some cases, donors are permitted to give only
to organizations holding IRS 501(c)(3) tax-exempt status. For many
libraries this means foregoing a gift, as the time, effort, and
costs of establishing and maintaining 501(c)(3) status are prohibitive.
To help Illinois libraries in their fundraising
efforts, Illinois Library Systems created the Fund for Illinois Libraries.
The purpose of the fund was to enable libraries to receive gifts
from individuals or organizations that can only make donations
to
501(c)(3) charitable organizations.
However, because of delayed payments from the State of Illinois, Illinois Library Systems had to suspend this service. All members of the Fund for Illinois Libraries remain members and Illinois Library Systems will continue to file paperwork to keep the 501(c)3 designation in good standing. We hope to bring this service back in the future.
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