Friends of Gale Free Library
Arts, culture & humanities: We have been able to maintain gifts to the library, benefitting tens of thousands of people using Gale Free Library resources.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+13.9% YoY
Annual Giving
$188K
+841.7% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$94K
+370.9% YoY
About Friends of Gale Free Library
Based on IRS filings
Friends of Gale Free Library is a nonprofit organization, based in HOLDEN, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 2 grants totaling $188K. Net investment income was $7K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,115,403 | $979,054 | $797,097 |
| Revenue | $204,262 | $73,776 | $52,315 |
| Expenses | $194,015 | $47,229 | $45,953 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $7,229 | $7,034 | $4,127 |
| 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 2 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Town of Holden Massachusetts ($150,000), Town of Holden ($38,348).
| Recipient | Purpose | Amount |
|---|---|---|
| Town of Holden Massachusetts Holden, MA | $150000 was gifted to the town of Holden MA to pay for the restoration of the historic stained-glass windows in the library | $150,000 |
| Town of Holden Holden, MA | Payments to supplement town support of library. To support purchasing library patron materials and fund library programs such as museum passes and to pay for architectural fees for modernization of children's room in library | $38,348 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Karen Cavan | President | 3 | — |
| Stephanie Adams | Vice President | 2 | — |
| Janet Foley | Treasurer | 3 | — |
| Karen Shapiro | Clerk | 2 | — |
| Charles Skillings | Membership Chair | 2 | — |
| Penny Morgan | fundraising cochair | 4 | — |
| Sue Albertini | At Large | 1 | — |
| Patricia Korandanis | at large | 4 | — |
Frequently Asked Questions
How large is Friends of Gale Free Library?
As of 2024, Friends of Gale Free Library holds $1.1M in total assets with $204K in annual revenue. It awarded 2 grants totaling $188K in 2024.
Where does Friends of Gale Free Library operate?
Friends of Gale Free Library has awarded grants in Massachusetts.
What size grants does Friends of Gale Free Library award?
In 2024, Friends of Gale Free Library awarded 2 grants totaling $188K — an average of about $94K per grant, based on its IRS Form 990 filings.
What is Friends of Gale Free Library's EIN?
Friends of Gale Free Library's EIN (Employer Identification Number) is 22-3021983. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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