Endowment Fund

Since 1962 the mission of the Friends of the Thousand Oaks Library has been the promotion of the Thousand Oaks Library and its services to the community, the sponsorship of special programs and activities, and the encouragement of monetary gifts and book donations.  It is in keeping with this spirit that the Friends established an Endowment Fund in April 1995, with an initial contribution of $15,000.  

The purpose of the Endowment Fund is to supply funds in perpetuity for the purchase of items for the libraries.  All monies deposited in the Fund are kept intact.  Only the interest generated, year after year, is used to make such purchases.

By contributing to the Fund, you give a gift to the community over and over again.  Surely, there can be no more rewarding gift to yourself than knowing you are enhancing the knowledge of others for years to come.  

The Endowment Fund is administered by the Executive Board of the Friends of the Thousand Oaks Library, in accordance with the organization's bylaws.  Once a year the interest earned on the Fund is gifted to the Thousand Oaks Library.  Professional library staff members select and order the books and other items to be purchased with these funds.

How to Make Fund Contributions

All gifts to the Endowment Fund are fully tax deductible.  Checks should be made payable to the Friends of the Thousand Oaks Library and designated for the Endowment Fund.  

Click here to use the online Endowment Fund donation form

(You may also download the Endowment Fund donation form in
pdf format to print and return to us through U.S. Mail.)

The members of the Friends Executive Committee welcome your questions regarding the Endowment Fund and its purpose.

For more information you may contact:

Darren Schwartz, Merrill Lynch Investment Advisor

• Phone: (818) 528-7865
• E-mail: darren_schwartz@ml.com