Public Library Foundation Inc

SILVER CITY, NM EIN: 85-0473266

Public Library Foundation Inc is a private foundation focused on Education, based in SILVER CITY, NM. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $798K in total assets. In 2025, it awarded 1 grants totaling $26K. Net investment income was $24K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$798K

+10.5% YoY

Annual Giving

$26K

Grant Count

Avg Grant Size

$26K

Under IRS private-foundation payout rules, Public Library Foundation Inc reported a distributable amount of $37K for 2025 — the minimum it must pay out in qualifying distributions.

About Public Library Foundation Inc

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Mexico $26K (100%)

States

New Mexico

Cities

Silver City

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$797,718	$721,911	$673,316
Revenue	$31,100	$62,325	$11,915
Expenses	$25,729	$16,910	$18,179
Qualifying Distributions	$25,729	—	—
Net Investment Income	$23,851	$62,201	$11,915
Distributable Amount	$36,852	—	—

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

1 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Town of Silver City Public Library ($25,729).

Recipient	Purpose	Amount
TOWN OF SILVER CITY PUBLIC LIBRARY SILVER CITY, NM	SUPPORT PROGRAMS	$25,729

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
DAVID THOMSEN	PRESIDENT	1	—
CHARLOTTE MCGAUGHEY	TREASURER	4	—
KIM CLARK	SECRETARY	1	—
KATHERINE WARREN	MEMBER	1	—
SAMANTHA JOHNSON	MEMBER	1	—
SAUNDRA ARELLANO	MEMBER	1	—
BECKY SMITH	MEMBER	1	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Public Library Foundation Inc?

Public Library Foundation Inc is a private foundation focused on Education, based in SILVER CITY, NM. It holds $798K in total assets as of 2025.

How large is Public Library Foundation Inc?

As of 2025, Public Library Foundation Inc holds $798K in total assets with $31K in annual revenue. It awarded 1 grants totaling $26K in 2025.

Where does Public Library Foundation Inc operate?

Public Library Foundation Inc has awarded grants in New Mexico.

What size grants does Public Library Foundation Inc award?

In 2025, Public Library Foundation Inc awarded 1 grants totaling $26K — an average of about $26K per grant, based on its IRS Form 990 filings.

How much is Public Library Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Public Library Foundation Inc reported a distributable amount of $37K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.