Niobrara County Library Foundation Reaches $250,000 Fundraising Goal
The Niobrara County Library Foundation, Inc. has reached its
goal of raising $250,000 as part of the Partnership to Raise Community
Capital program, a challenge grant program funded by The Kresge Foundation
in partnership with the Wyoming Community Foundation.
The Wyoming Community Foundation is one of six community foundations
nationally to participate in this program. The goal of this one-to-three
match grant program is to develop permanent endowment assets, which will
provide income for Wyoming non-profits in perpetuity.
In 2002, Niobrara County Library Foundation, Inc. and 20 other non-profit
organizations in Wyoming were selected to participate. While raising
endowment funds, the non-profits have received operating monies and
technical support from the Wyoming Community Foundation.
Each organization had to reach its fund raising goal by January 1, 2005.
According to Leslie Hammond, Chairman, the NCL Foundation met their goal
of December 20, 2004. The NCL Foundation, Inc., has received $83,333 to
match the $250,000 raised. "Meeting this challenge will keep the
right on track for meeting its long-term endowment goal of 1.5 million,"
said Leslie. "Endowment was established in 2000 with the intent of
providing stable income to the Niobrara County Library. On behalf of the
Niobrara County Library Foundation we extend our thanks not only to the
community but to those outside of our borders who support this project."