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Foundation reports strong fundraising at gala but warns market volatility could affect future support
Summary
The Carmel Public Library Foundation reported exceeding its $175,000 event goal and highlighted a $5 million matching pledge and a $2.5 million target to raise by June 30; foundation leaders warned market volatility is straining long‑term commitments and supported a special budget meeting in May.
The Carmel Public Library Foundation told trustees its 30th annual fundraiser drew roughly 500 attendees and exceeded the event goal of $175,000; the foundation said it has secured a $5 million matching pledge and is working to raise an additional $2.5 million by June 30 for the Harrison Memorial Library capital campaign.
At a foundation report to trustees, the foundation’s representative said the gala was a strong…
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