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Trustees discuss donation routing, Venmo and tax ID
Summary
The trustees explored payment options (Venmo, PayPal, third‑party event platforms), how donations should route through the Friends versus town accounts, and shared the Montgomery Town Library tax ID (03-6000575) to supply vendors.
Montgomery Town Library (Moderator) asked how funds should be accepted and routed for donations and online purchases, noting past practice sometimes routed tax-deductible donations through the Friends of the Library (a 501(c)(3)). "It depends on who's donating," the moderator said, explaining some donors request 501(c)(3) receipts and those gifts historically went through the Friends.
The group discussed short-term solutions such as creating a Venmo for the library, using PayPal or third-party fundraising platforms that support ticket sales and bidding, and that some platforms include optional tips to support the service. The moderator read the library’s Tax ID aloud for documentation: "Tax ID number...03-6000575. That's for the Montgomery Town Library." Trustees agreed to research nonprofit account options with the Friends before finalizing payment flows.
