Key Largo Library Secures $10,000 for Endowment Match To Help Ensure Free Resources for Residents

Key Largo Library Secures $10,000 for Endowment Match To Help Ensure Free Resources for Residents

The Friends of the Key Largo Library, the 501(c)(3) that provides funds for special programs at Key Largo Branch Library, has opened an endowment with the Community Foundation of the Florida Keys. The permanent fund will help the Key Largo Library provide free resources and programs to residents for decades to come.

The Friends of the Library invested $10,000 in the new fund, raised by donations and book sales. This amount was immediately doubled to $20,000 thanks to a Community Foundation matching fund program.

“We are excited by the opportunity to double our $10,000 investment in our future” said Karen Beal, Friends of the Key Largo Library president, “The Peter MacDougall Match Program is a powerful resource to help us meet our goal of serving the community.”

“The Community Foundation wants to do all we can to support the long-term viability of organizations like the Friends of the Key Largo Library, and the MacDougall Match is a wonderful way to strengthen or start endowments that do just that,” said Dr. Susanne Woods, board chair of the Community Foundation of the Florida Keys.

Donations up to $10,000 to the Friends of the Key Largo Library Endowment will be matched 1:1 by the Community Foundation, as long as the Peter MacDougall Match funds are available. Community members and businesses who want to have their charitable donations doubled can mail checks to CFFK, 300 Southard St., Ste. 201, Key West, FL 33040 with “Friends of the Key Largo Library” in the memo or attachment.  Gifts of stock, real estate and retirement accounts are also accepted. For more information, contact Jennifer McComb at 305-809-4991 or [email protected].

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