Pierce County Library System
Information & Imagination

About Us

Endowments

Endowment gifts are a wonderful way to create an everlasting legacy. Endowed funds are invested strategically to preserve their original value and generate income used to support the Library’s work for generations to come. 

They enable the Library Foundation to protect endowed monies for future needs and provide annual revenue based on GTCF’s Endowment Spending Policy. GTCF handles all administrative details including investment management, eliminating the need to create an investment policy and monitor investments. 

1) Children’s Literacy

Payouts from these endowments support the purchase of books for the children’s collection and outreach program, and enable children and teens to participate in programs designed to engage curiosity and encourage their love of books and reading. Endowments supporting children are a vital resource for Pierce County youth and their families.

 Funded by:

Ethel M. McIntyre Outreach Endowment Fund

2) Collection

Payouts from Collections Endowments focus on materials to integrate learning and reading into daily life. Selections include e-books, audiobooks, music and film, and extensive online content.

Funded by:

Margaret K. Ellis Endowment Endowment (Key Center Library)

Carolyn Else Endowment for Library Collections

Danae Rideout Steilacoom Library Endowment Fund 

3) Unrestricted

Payouts from unrestricted endowments are used to support the Library with the ultimate flexibility in responding to critical and strategic needs.

Funded by:

Anonymous Endowment

The Pierce County Library Foundation Endowment 

 

If you would like more information about Pierce County Library Foundation endowments, contact us at foundation@piercecountylibrary.org.