Library Endowment Trust
THE LIBRARY ENDOWMENT TRUST LET RAISES MONEY TO AID THE METROPOLITAN LIBRARY SYSTEM MLS. THE MONEY RAISED IS USED TO MAKE GRANTS TO THE MLS EACH YEAR AND TO INCREASE THE LET ASSETS. MONEY IS RAISED PRIMARILY BY AN ANNUAL CAMPAIGN AND BY AN ANNUAL AUTHOR DINNER EVENT.
Financial Overview
From 2025 IRS Form 990-PF
Total Assets
$8.4M
+16.2% YoY
Annual Giving
$149K
Grant Count
1
Avg Grant Size
$149K
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Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $8,413,560 | $7,239,387 | $6,516,698 |
| Revenue | $1,424,127 | $927,155 | $747,862 |
| Expenses | $246,874 | $202,430 | $246,007 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $688,098 | $273,989 | $242,188 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Library Endowment Trust fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ruseal Brewer | Trustee | 1 | — |
| Marek Cornett | Trustee | 1 | — |
| Amanda Cornmesser | Trustee | 1 | — |
| Erin Cowan | Trustee | 1 | — |
| Clayton Dude | Trustee | 1 | — |
| Lydia Green | Trustee | 1 | — |
| Samantha Hardy | Trustee | 1 | — |
| Susan Harroz | Trustee | 1 | — |
| Ilana Keeling | Trustee | 1 | — |
| Cole McLanahan | Trustee | 1 | — |
| Rose Royal | Trustee | 1 | — |
| Marni Russell | Trustee | 1 | — |
| Sara Suthers Regier | Trustee | 1 | — |
| Sarah Taylor | Trustee | 1 | — |
| Nick Tricinella | Treasurer | 1 | — |
| Meredith Wegener | President | 2 | — |
| Emma Wilson | Trustee | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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