Endowment Fund

Endowment Fund

Help us reach our goal of $100,000!

Each $100 donation will equal one raffle entry for a personalized Kindle Paperwhite or Nook. Each will be pre-loaded with five new releases of your choice and each winner will receive a one-hour lesson with a Technology Librarian.

Donate online or contact Cathy Russ at 248.524.3544 with any questions. See below for more donation options.  

What is an endowment fund?
An endowment fund is a way for organizations – like the Troy Public Library – to set aside special funds for the future! Once established, an organization’s endowment will provide a certain amount of funds each year  that the organization can use to meet its needs and enhance its programs.

Why are we doing this?
From Library Director Cathy Russ: “I wanted to create an endowment fund for Troy Public Library, because I want TPL to be around for many years to come. An endowment fund contributes to the Library’s present, and especially its future, because the money donated will benefit future generations of Library users. Troy Library has a special place in the heart of this community, and the time is right to launch this initiative.”

This endowment will be a vital part in providing prestige programming, implementing facility enhancements, and creating opportunities for future generations.

How will this work?
This money will be housed at the Troy Community Foundation. Once the endowment is established, Troy Public Library can use this money to provide prestige programming, implement facility enhancements, and create opportunities for future generations.

How can I donate?

  1. Donate online directly to the Troy Community Foundation by credit card
  2. Download our paper form to use your credit card or write a check out to the Troy Community Foundation. Mail it to:
    Troy Public Library
    c/o Cathy Russ
    510 W. Big Beaver Rd.
    Troy, MI 48084
  3. Make a cash donation at the library

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