How much must I pay to enroll my child?
- The book program is free to families.
Can I pay for a specific child?
- No, but you can make a gift to the Imagination Library Fund on behalf of all children that will benefit from this program.
How is the expense of books covered and how will funding be secured for the cost of the books?
- Imagination Library is a gift from the community to the children of a community. Although books are free to families, the community bears a financial responsibility.
- Hancock County Community Foundation (HCCF) is taking the lead role in funding and will work with the community to build a $2 million endowment to cover book expenses and sustain the Imagination Library program. An endowment assures the program will be available to Hancock County children for generations to come.
- The Hancock County Community will be encouraged to invest in the future of our community’s children until the endowment fund is capable of full program support. Until then, HCCF is committed to the program’s success and will provide the financial resources needed to fill funding gaps related to immediate book expenses.
What is an Endowment?
- An endowment is established to benefit a specific charitable agency or organization or program, in this case, Imagination Library
- An endowment strengthens the long-term security of the program allowing it to become less reliant on annual fundraising
- Because the principal of an endowment remains untouched for all time, the fund provides an ongoing, perpetual stream of revenue to cover the expense of books for children
What is The Imagination Library Express and how can the community get on board?
- To jump start the $2 million endowment, HCCF will celebrate the National Week of Philanthropy by encouraging the community to board the Imagination Library Express from November 9-13th. During that week, each $1 gifted will be matched with .50 from a pool of $100,000 thanks to a grant from Lilly Endowment.