Friends and PALS

Friends of the Portland Public Library

The Portland TN Friends of the Library is a 501c3 charitable organization whose mission is to provide support for the Portland Public Library of Sumner County. They provide funding for programs and supplies such as tech purchases, supplies, furniture, summer reading, genealogy, children's special programming, adult literacy and book clubs, bingo, crafting classes, movie nights and more.

The Friends of the Portland Public Library will have their next meeting on August 12, 2021 @ 10:00am.

Follow us on Facebook - http://www.facebook.com/PortlandFriends

 

*Logo was created in 2009 by Dylan Cooper of Portland,TN for the FOL logo contest.

 

The Portland Area Library Foundation (PALS)

The Portland Area Library Foundation (PALS) was started in 2007 to raise funds for a new library building. Now that the library is in their beautiful new building, the Foundation is transitioning into an endowment foundation rather than a fundraising entity.

What is the definition of a foundation and a financial endowment? A foundation is a legal categorization of nonprofit organizations that will typically either donate funds and support to other organizations, or provide the source of funding for its own charitable purposes. A financial endowment is typically organized as a public charity, private foundation, or trust. Among the institutions that commonly manage an endowment are: academic institutions, cultural institutions such as museums, libraries, hospitals or religious establishments.

An endowment may come with stipulations regarding its usage. In some circumstances an endowment may be required to be spent in a certain way or alternatively invested, with the principal to remain intact in perpetuity or for a defined period. This allows for the donation to have an impact over a longer period of time than if it were all spent at one time.

The Portland Area Library Foundation Endowment is being started with a $50,000 gift to the library by the late Dr. Thomas Brumbaugh. He has been a wonderful contributor for several years to the library and this money was left in his will to continue his support. The Foundation is very grateful for his generosity.

This endowment will be open to anyone who wants to make a donation to this worthy cause. Donations can be given in numerous ways such as in the form of a lump sum gift or left in a person’s will. The principal of any gift will be invested and only the interest will be used to support the needs of the library.

Many libraries have endowment funds to enhance their service to their communities. The city and county governments cannot meet all the needs of the library and shouldn’t have to. This can be the security the library needs when there are economic downturns or when there are great needs for capital improvement etc.   

   PALS
   301 Portland Blvd.
   Portland, TN
   37148

All donations are tax deductible. PALS is a 501c3 entity.

Board Members are:

  • Larry Hinton, Chairman
  • Barbara Simpson
  • J. J. Hunter
  • Charlotte Jenkins
  • Barbara Russell
  • Sally Ream