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Foundation secures 2.5% annual increase for five years; earmarks gift to support SNAP outreach
5492782 · July 25, 2025
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Summary
The library’s development report said the foundation secured a 2.5% annual funding increase for five years and will manage a gift for the SNAP program by holding it in a money-market account to grow during the term.
Library development staff reported that the library’s foundation has arranged a 2.5% annual funding increase for the next five years and that the foundation will accept and manage a gift to support the library’s SNAP-related programming.
Why it matters: Multi-year increases provide…
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