LIBRARIES STEWARD

The Foundation has a fiduciary responsibility to ensure that all gifts are used for the purposes intended by the donors.

We take this responsibility seriously. To ensure the efficient use of private funds, the Foundation practices fund accounting that follows generally accepted accounting principles and emphasizes accountability. Our annual statements are reviewed by an independent accountant and internal policies and procedures are overseen by our Finance Committee and Board of Directors.

The Foundation’s endowment is well managed by the Oregon Community Foundation.