The mission of the Matheson Memorial Library Foundation is to support the future well-being of Matheson Memorial Library
Foundation Board Members:
Ward Phillips, President
Terri Wallace, Treasurer
Maribeth Cousin, Secretary
The Foundation is a tax exempt, nonprofit 501(c)3 organization which oversees funds, donated by organizations and individuals, that supplement the library’s tax funding and provide for future growth and development of the library. The Foundation was incorporated in 1990.
What is the Matheson Memorial Library Foundation? The purpose of the Foundation is to create a long-term supplemental funding program to assist in providing library services not available through traditional tax-based funding. The Foundation was formed for the purpose of receiving and investing financial contributions to support the library.
The Foundation has a long-term vision of creating an endowment that will generate sufficient income to support new library projects and services.
Who manages the Foundation? The Foundation is managed by a Board of Directors which consists of the President of the Library Board, The Library Director, a member from the Library Board and community members.
How Will the Foundation Use My Donation? Your gift to the library, through the Foundation, means the difference between a good library and a great library. It will improve and expand library collections and furnishings. The library provides service to all who live in the city of Elkhorn, and in the towns of Lafayette, La Grange, Sugar Creek and Delavan.
Make a gift if you want to ensure the library’s future, remember a loved one or family friend, endow a special fund, say “thank you” to your Library, or invest in the future well-being of your community.
Remember, Matheson Memorial Library opens minds, enriches lives and brings the community together. Leave a legacy. A Foundation donation today is an investment in the library of the future.
Why make a bequest or gift to the Foundation, instead of directly to the Library? The library Board has approved the Foundation as a faster, easier way to raise and use funds for the library.
What Kind of Gift Can I Give to the Library through the Foundation? You may contribute cash, securities, or real or tangible personal property. You can remember the Foundation in your will or living trust by providing a dollar amount or percentage of your estate as a bequest. You can also name the Foundation as a beneficiary in your retirement plan, IRA, life insurance policy or brokerage account.
Legal Information. For bequests through your will or living trust, or a gift of retirement funds, life insurance or bank accounts, you may need the following information:
Matheson Memorial Library Foundation
P.O. Box 704
Elkhorn, WI 53121
Federal Tax ID #: 39-1693710