Recognizing the need to plan for continued excellence in the community’s library, the Library Board of Trustees created the Caestecker Public Library Foundation in 1990.
The Foundation is a Wisconsin non-profit corporation that has been granted charitable, 501(c)(3) status by the Internal Revenue Service. It has its own board of directors, all of whom are appointed by the Library Board. The Foundation manages an endowment fund, the earnings from which are mandated to benefit the library, always in ways that do not replace its tax-based support from the City of Green Lake and Town of Brooklyn.
The Foundation will ideally be supported by individual and corporate donations, as well as bequests and other legacy gifts. Unless otherwise specified, gifts received by the Foundation are added to the endowment fund to help it grow. The future of the library will be perpetually enhanced by a continuing stream of earnings from the Foundation’s investments.
The federal Taxpayer Identification Number of the Caestecker Public Library Foundation is 39-1677134.