The Library Foundation for the Benefit logo

The Library Foundation for the Benefit

Foundation · Grantmaker Saint Louis, MO EIN: 43-1541947 Website

The foundation engages in activities that support and benefit the st. Louis public library through soliciting, receiving, and holding gifts for the benefit of the library.

Key facts about The Library Foundation for the Benefit

In short: The Library Foundation for the Benefit gave $848K across 1 grant in 2025 (avg $848K), mostly in Missouri. Source: 2025 IRS Form 990.

EIN
43-1541947
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$848,475
Grants made (2025)
1
Average grant
$848,475
Median grant
$848,475
Total assets
$10,851,017
Primary geography
Missouri (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$10.9M

+7.2% YoY

Annual Giving

$848K

+30.2% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$848K

+30.2% YoY

How The Library Foundation for the Benefit gives

  • Giving fell 36% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About The Library Foundation for the Benefit

Based on IRS filings

The Library Foundation for the Benefit is a nonprofit organization focused on Education, based in Saint Louis, MO. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $10.9M in total assets. In 2025, it awarded 1 grant totaling $848K. Net investment income was $302K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2025 grant dollars.

States

Cities

St Louis

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M1 grants20191 grants20201 grants20211 grants20221 grants20231 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

St Louis Public Library: $848KSt Louis Public Library$848K

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K3$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
ST LOUIS PUBLIC LIBRARY St Louis, MOSUPPORT THE ST. LOUIS PUBLIC LIBRARY'S OPERATIONS AND CAPITAL PROJECTS.$848,475

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M2019202020212022202320242025
Metric202520242023
Total Assets$10,851,017$10,125,262$8,637,351
Revenue$1,086,653$726,539$1,147,004
Expenses$1,070,789$814,979$787,826
Qualifying Distributions———
Net Investment Income$302,014$117,302$452,743
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS August 17, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS August 6, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS July 28, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS August 14, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS August 2, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS August 13, 2025)
  7. Added Form 990 for fiscal year 2025 (received by the IRS August 16, 2026)

Leadership & Key People

Officers and directors from IRS filings

The Library Foundation for the Benefit is led by Waller F. McGuire, President on every filing since 2019; none of the 26 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Waller F. McGuire

    President

    On filings since 2019

    0.6 hrs/week

    No compensation reported

  • Pedro Soares

    Chair

    Director → Chair, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

  • Alison Nichols Ferring

    Director

    On filings since 2019

    0.6 hrs/week

    No compensation reported

  • Jennifer Gemberling

    Director

    On filings since 2019

    0.6 hrs/week

    No compensation reported

  • Kiku Obata

    Director

    On filings since 2019

    0.6 hrs/week

    No compensation reported

  • Laura J. Shaughnessy

    Director

    Director → Vice Chair, 2022

    Vice Chair → Director, 2024

    On filings since 2019

    0.6 hrs/week

    No compensation reported

  • Patrick J. Eckelkamp

    Director

    On filings since 2019

    0.6 hrs/week

    No compensation reported

  • Thomas F. Schlafly

    Director

    On filings since 2019

    0.6 hrs/week

    No compensation reported

  • Beau Herndon

    Director

    On filings since 2022

    0.6 hrs/week

    No compensation reported

  • Jennifer Kingston

    Director

    On filings since 2022

    0.6 hrs/week

    No compensation reported

  • Russell Jackson

    Director

    On filings since 2022

    0.6 hrs/week

    No compensation reported

  • George Frazier

    Director

    On filings since 2023

    0.6 hrs/week

    No compensation reported

  • Ted Wight

    Director

    On filings since 2023

    0.6 hrs/week

    No compensation reported

  • Vince Volpi

    Director

    On filings since 2023

    0.6 hrs/week

    No compensation reported

  • Harsh Patel

    Director

    On filings since 2024

    0.6 hrs/week

    No compensation reported

  • Kate Warne

    Director

    On filings since 2024

    0.6 hrs/week

    No compensation reported

  • Kristen Polchinski

    Director

    On filings since 2024

    0.6 hrs/week

    No compensation reported

  • Marcia Mathews

    Director

    New on the 2025 filing

    0.6 hrs/week

    No compensation reported

  • Margaret Welch

    Director

    New on the 2025 filing

    0.6 hrs/week

    No compensation reported

  • Nick Popielski

    Director

    New on the 2025 filing

    0.6 hrs/week

    No compensation reported

  • Sidney Loughran Wolf

    Director

    New on the 2025 filing

    0.6 hrs/week

    No compensation reported

  • Todd Spenner

    Director

    New on the 2025 filing

    0.6 hrs/week

    No compensation reported

  • Darryl Sagel

    Treasurer

    Director → Treasurer, 2024

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Scott Bensinger

    Secretary

    Director → Secretary, 2022

    On filings since 2019

    1 hr/week

    No compensation reported

  • Jim Slattery

    CFO

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Kathy Surratt-States

    Vice Chair

    Director → Vice Chair, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (13)
  • Former: Carolyn G. Farrell (2019–2024) — Director
  • Former: Andreas Wolf (2019–2023) — Director
  • Former: Nina North-Murphy (2019–2023) — Director
  • Former: Scott R. Dolan (2019–2023) — Treasurer
  • Former: Ricardo Dixon (2022–2023) — Director
  • Former: Carolina Diaz-Silva (2019–2022) — Director
  • Former: Deborah J. Patterson (2019–2022) — Director
  • Former: Gerald L. Early (2019–2022) — Director
  • Former: James T. Tyrrell (2019–2022) — Director
  • Former: Matthew P. Villa (2019–2022) — Director
  • Former: William Jackson (2019–2022) — CFO
  • Former: Lawrence K. Otto (2019–2021) — Director
  • Former: Michael A. Wolff (2019–2021) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Library Foundation for the Benefit

How much does The Library Foundation for the Benefit give each year?

The Library Foundation for the Benefit gave $848K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $652K across 1 grant.

How large is The Library Foundation for the Benefit?

The Library Foundation for the Benefit reported $10.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.1M.

What is The Library Foundation for the Benefit?

The Library Foundation for the Benefit is a nonprofit organization focused on Education, based in Saint Louis, MO. It holds $10.9M in total assets as of 2025.

Where does The Library Foundation for the Benefit operate?

The Library Foundation for the Benefit has awarded grants in Missouri.

What is The Library Foundation for the Benefit's EIN?

The Library Foundation for the Benefit's EIN (Employer Identification Number) is 43-1541947. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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