Friends of the Library is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PRESTON, ID. IRS filing data is available from 2020 through 2021. In 2021, it awarded 1 grants totaling $20K. Net investment income was $2.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$20K
Grant Count
1
Avg Grant Size
$20K
Under IRS private-foundation payout rules, Friends of the Library reported a distributable amount of $486 for 2021 — the minimum it must pay out in qualifying distributions.
About Friends of the Library
Based on IRS filings
Friends of the Library is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PRESTON, ID. IRS filing data is available from 2020 through 2021. In 2021, it awarded 1 grants totaling $20K. Net investment income was $2.
Focus Areas
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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 | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $19,722 |
| Revenue | $2,110 | $1,645 |
| Expenses | $21,832 | $876 |
| Qualifying Distributions | $20,867 | — |
| Net Investment Income | $2 | $2 |
| Distributable Amount | $486 | $947 |
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 2021
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include Larsen Sant Public Library ($19,570).
| Recipient | Purpose | Amount |
|---|---|---|
| LARSEN SANT PUBLIC LIBRARY PRESTON, ID | FACILITY IMPROVEMENTS | $19,570 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HEATHER EMERY | President | — | — |
| MARILYN HATCH | Treasurer | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Friends of the Library?
Friends of the Library is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PRESTON, ID. It holds — in total assets as of 2021.
Where does Friends of the Library operate?
Friends of the Library has awarded grants in Idaho.
What size grants does Friends of the Library award?
In 2021, Friends of the Library awarded 1 grants totaling $20K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is Friends of the Library required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Friends of the Library reported a distributable amount of $486 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Friends of the Library's EIN?
Friends of the Library's EIN (Employer Identification Number) is 82-0472566. IRS Form 990 filing data is available on this page for 2020–2021.
Explore Open Grants
Browse active grant opportunities in Friends of the Library's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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