[lstac] Friends groups

[Heilig, Jean]

We do awards to Friends groups.  This only involves a few large urban library districts. The Friends act as the library's fiscal agent with library staff managing the grant.  Colorado has the TABOR (tax-payers bill of rights) law that we must contended with.   It generally limits the amount of revenue governments in the state can retain and spend. If the entity goes over a certain amount of revenue it must be paid back to the citizens of the state. Allowing the money to flow through the Friends group helps the library keep their revenues in check so this doesn't happen.  We've done for year's and have never had an issue.

Jean


Jean Marie Heilig, MLIS, MBA
Fiscal Officer; LSTA Grant Coordinator
Colorado State Library
P C: 303-551-4711
201 East Colfax Avenue, Room 309, Denver, CO 80203
Heilig_J at cde.state.co.us | www.cde.state.co.us
Pronouns: She/her/hers
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From: lstac <lstac-bounces at omls.oregon.gov> On Behalf Of Erica McCormick via lstac
Sent: Monday, November 6, 2023 12:48 PM
To: lstac at omls.oregon.gov
Subject: [lstac] Friends groups

Howdy from Texas to all.

Quick question for those of you who do subgrants...

Do you award grants to library Friends groups on behalf of the library? These would be official nonprofits (501c(3)).

If so, do you require any documentation from the library's governing authority to allow such an arrangement?

Please share.

Thanks in advance,
Erica

Erica A. McCormick, Manager, Grants and Accreditation
Library Development & Networking
Texas State Library and Archives Commission
512-463-5532 | emccormick at tsl.texas.gov<mailto:emccormick at tsl.texas.gov> | www.tsl.texas.gov
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