Through the Community Foundation of Eastern Connecticut (CFECT), the library established an agency endowment in 2016, thanks to an initial anonymous gift of $20,000.00. The Community Foundation has been a long-time partner with the library over the years, most significantly giving $125,000.00 to us from their 'Love Our Libraries' fund in 2012 as well as support for various grant initiatives.
As a 501(c)(3) charitable organization, the library chose to create the Mystic & Noank Library Fund and join dozens of other area non-profits in creating an agency endowment for two principal reasons: first, to assure our donors that their long-term charitable gifts will be managed by a stable, successful, and committed institution and second, to produce a predicatable revenue stream annually to support our mission.
Please consider making a gift in support of the Mystic & Noank Library Fund. You may read more about agency endowments and CFECT at their website. Gifts of any amount are welcomed and sincerely appreciated.
Thank you for your support!