Public Charity

THE LIBRARY FOUNDATION OF NEEDHAM INC

THE LIBRARY FOUNDATION OF NEEDHAM INC is a Public Charity headquartered in NEEDHAM, MA. Financial data from the 2025 filing: $165K revenue, $44K expenses, $2.2M total assets. 3 publicly reported grants to this organization, totaling roughly $22K, appear in IRS filings.

EIN: 043783995 NEEDHAM, MA Libraries NTEE: B70 Latest filing: 2025
Total Revenue$165K
Total Expenses$44K
Total Assets$2.2M
Grant Records3
Funding Total$22K
Filing Years2020–2025

Mission

THE LIBRARY FOUNDATION OF NEEDHAM ENCOURAGES COMMUNITY INVESTMENTS THROUGH INDIVIDUAL AND CORPORATE GIVING FOR LIBRARY FOUNDATION PROGRAMS AND SERVICES NOT PROVIDED FOR IN THE TOWN FUNDED BUDGET AND COORDINATES FUNDRAISING AND PROMOTIONAL ACTIVITIES TO INCREASE THE ENDOWMENT AND RESPONSIBLY MANAGE AND GROW THE FUNDS.

Officers & Directors

DIRECTOR Debra Steele
DIRECTOR Genevieve Hammond
DIRECTOR Graeff Erhardt
PRESIDENT AND DIRECTOR Kathryn D'addesio
CLERK AND DIRECTOR Kathy Whitney
DIRECTOR Leslie Renzulli

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$22,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $165K $44K $2.2M
2024 $108K $47K $2.0M
2023 $112K $89K $1.8M
2021 $89K $40K $1.8M
2020 $75K $60K $1.5M

Between 2020 and 2025, reported annual revenue grew from $75K to $165K (+118%), with total assets most recently reported at $2.2M.

Interactive year-over-year charts and full filing details available with membership.

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