Public Charity

TOWNSEND PUBLIC LIBRARY ENDOWMENT INC

TOWNSEND PUBLIC LIBRARY ENDOWMENT INC is a Public Charity headquartered in Townsend, MA. Financial data from the 2025 filing: $47K revenue, $63K expenses, $1.4M total assets. 7 publicly reported grants to this organization, totaling roughly $209K, appear in IRS filings.

EIN: 263562595 Townsend, MA Latest filing: 2025
Total Revenue$47K
Total Expenses$63K
Total Assets$1.4M
Grant Records7
Funding Total$209K
Filing Years2021–2025

Mission

To manage an Endowment Fund to assist in funding programs and activities to be conducted and/or sponsored by the Townsend Public Library in order to provide the widest possible range of information, educational, and cultural services to the individuals and groups in the Library community and to raise funds for the purposes of purchasing and donating to the Townsend Public Library deemed desirable for the furtherance of the Library's activities.

Officers & Directors

Director Gary Shepherd
Secretary Karen Rapoza
President Robert Templeton
Director Salina Thomas
Director Stacy Schuttler
Treasurer Theresa Walsh

Officer compensation and complete director data available with membership.

Top Grant Purposes

ARTS & CULTURE
$144,330 3 grants
Arts & Culture
$52,000 2 grants
For grant recipient's exempt purposes
$13,100 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $47K $63K $1.4M
2024 $49K $55K $1.3M
2023 $55K $62K $1.2M
2022 $50K $47K $1.1M
2021 $58K $55K $1.3M

Between 2021 and 2025, reported annual revenue declined from $58K to $47K (-19%), with total assets most recently reported at $1.4M.

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

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