![]() |
|
![]() |
With the formation in the US of the Oaxaca
Lending Library Foundation, Inc., donations and grants intended for use by the
Oaxaca Lending Library and other worthy not-for-profit programs can now be credited as having donated to an organization officially recognized
by the IRS as a non-profit 501 (c) 3 organization.
Why a Foundation?
With the formation of the Oaxaca Lending Library Foundation, a U.S. Delaware
Charitable Corporation, donations and grants made to OLLF can be officially
recognized by the IRS as a non-profit 501 (c) 3 donation. All donors receive an
official receipt in conformance with IRS standards. Grants made by OLLF are
restricted to not-for-profit organizations which support, initiate and
perpetuate programs that encourage reading, education and literacy.
Additionally, many charitable corporations and trusts will only make grants to
an organization which has been recognized as a 501(c)3 tax exempt organization.
The OLLF has no paid employees, nor do the Board members receive compensation.
What Programs does OLLF currently support?
- Click on underlined names for more information
(1) The Oaxaca Lending Library,
a Mexican charitable corporation, which functions as a lending library, with
both Spanish and English volumes, provides scholarships to deserving young
people, conducts language inter-cambio exchanges, and presents other educational
programs. Additionally, the Oaxaca Lending Library sponsors and cooperates with
a number of community outreach programs. The Oaxaca Lending Library Foundation
collects funds and, in response to written applications from the Oaxaca Lending
Library (OLL), makes grants to the Library and to its various outreach programs,
which the Board of OLLF deems to meet the requirements of the IRS and OLLF’s by
laws. Currently, these outreach programs include:
a. Libros Para Pueblos is an
OLL organization which initiates, stocks, and constantly restocks Spanish
lending libraries in poor neighborhoods and villages. Thus books are provided to
hundreds of young people who would not otherwise have access to reading
material. Their goal is to promote literacy and love of reading. See the Libros
Para Pueblos web-site for further information.
b.
¡Niños Adelante!
is an
OLL pre-school program for underprivileged children that teaches reading basics
and basic computer usage among other things. Their goal is to give
underprivileged children basics in learning and socialization before they enter
the public school system. The program currently has about 60 participants. See
the Ninos Adelante web site for further information.
c. ¡Jóvenes Adelante! is a
new OLL progam for local teenagers to learn how to use library resources and
computers in their studies, to practice their English, and to socialize with
visiting foreign teenagers.
d. Linda’s Kitchen is an OLL
program to teach mentally and physically handicapped young people to function in
various types of restaurant work. After a young person has finished the program,
Linda’s Kitchen personnel assist him or her in finding paid employment.
e. The Oaxaca Learning Center
is an independent non-profit organization in Oaxaca that offers free tutoring to
students age 14 and upwards. It is funded by revenue gained from the bed and
breakfast and personal donations. Over the years, the Oaxaca Learning Center has
assisted more than 500 young people. Although not part of the OLL, the Learning
Center and the OLL share similar goals and cooperate in many projects. See the
Oaxaca Learning Center Web site for
further information.
Non OLLF Donations.
Donations may be made in U.S Dollars of Mexican Pesos to any of the
above-mentioned programs directly, if a 501(c)3 tax receipt is not necessary.
When and how to use OLLF.
If the donor or grantee wishes documentation of having donated to a 501(c)3
organization for U.S. tax purposes, the donation should be made to Oaxaca
Lending Library Foundation.
This can be accomplished in a number of ways.
(1) A check made out to Oaxaca Lending Library Foundation my be dropped of at
the Oaxaca Lending Library or may be mailed to OLLF c/o James Corrigan, 5443
Drover Drive, San Diego, CA 92115.
(2) Donations may also be made in U.S. dollars or Mexican pesos at the Library;
however, the donor must make clear that the donation is intended for Oaxaca
Lending Library Foundation. Those donating in Mexican pesos will receive a
receipt in dollars, based on the exchange rate the day the donation is received.
(3) Direct deposits or money transfers can be made to the OLLF bank accounts in
the U.S. Contact the OLLF Secretary for information on how to accomplish this,
at library @oaxlibrary.com.
How do I assure that my donations will be
directed as I wish?
The by-laws of the Oaxaca Lending Library Foundation state that contributions
are being made to the unrestricted funds of the Foundation and that the
Foundation has the sole discretion and control as to the use of the
contributions. However, the by-laws further state that donor intent in a
specific program shall be advisory. It has been and will continue to be the
practice of the Board to honor the intent of the donor if the program falls
within the guidelines out-lined above.
When dropping off or mailing a check to Mr. Corrigan, make clear, either by
cover letter or a note on the Memo section of your check, your intent for the
funds. The same is true for any cash donations. Attach a note indicating your
intent. If you wish to set up a direct deposit, or recurring deposit, e-mail the
amount and your intent to the Treasurer of the Foundation, Shirley Gray, at
charles13@prodigy.net.mx.
OLLF Board:
The OLLF is governed by a Board whose current members are:
President: Charles Ryan
Treasurer: Shirley Gray
Secretary: David Myler
Member: Enid Dollard
Member: Chuck Ryan
Member: Kathryn Bertelli
Member: Jason Hackler
Member: Barry
Scheinberg