The mission is to strengthen the services of the New Hanover County Public Library by providing funding that complements, but does not supplant the responsibility of the New Hanover County to adequately support its public library system.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+11.8% YoY
Annual Giving
$55K
-26.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$55K
-26.7% YoY
About The Library Foundation of New Hanover
Based on IRS filings
The Library Foundation of New Hanover is a nonprofit organization focused on Education, based in WILMINGTON, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grants totaling $55K. Net investment income was $43K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,129,769 | $1,010,518 | $926,704 |
| Revenue | $89,133 | $102,554 | $45,537 |
| Expenses | $55,423 | $75,339 | $802 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $42,891 | $79,710 | $20,037 |
| 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 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 New Hanover County Library ($55,000).
| Recipient | Purpose | Amount |
|---|---|---|
| New Hanover County Library Wilmington, NC | — | $55,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kate Baynard | President | 1 | — |
| June Knott | Treasurer | 1 | — |
| Dana Conners | Secretary | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Library Foundation of New Hanover?
The Library Foundation of New Hanover is a nonprofit organization focused on Education, based in WILMINGTON, NC. It holds $1.1M in total assets as of 2024.
How large is The Library Foundation of New Hanover?
As of 2024, The Library Foundation of New Hanover holds $1.1M in total assets with $89K in annual revenue. It awarded 1 grants totaling $55K in 2024.
Where does The Library Foundation of New Hanover operate?
The Library Foundation of New Hanover has awarded grants in North Carolina.
What size grants does The Library Foundation of New Hanover award?
In 2024, The Library Foundation of New Hanover awarded 1 grants totaling $55K — an average of about $55K per grant, based on its IRS Form 990 filings.
What is The Library Foundation of New Hanover's EIN?
The Library Foundation of New Hanover's EIN (Employer Identification Number) is 20-0547038. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Library Foundation of New Hanover'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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