The Monterey Public Library was originally established in 1849 and was the first public library in California. A group of civic leaders calling itself the Monterey Library Association persuaded local citizens to purchase $40 shares in a public library which would, "...afford amusements, entertainment, and profit to a large class of people, who without its aid, would waste time in the frivolities and questionable pastimes so prevelant in our State."
El Cuartel, site of first library, 1840s,
MPL California History Room Collection
SUPPORTING THE LIBRARY'S ENDOWMENT WILL PRESERVE THE FUTURE OF CALIFORNIA'S FIRST PUBLIC LIBRARY AND TOUCH MANY LIVES FOR GENERATIONS TO COME.
held at the Community Foundation for Monterey county
Now, more than ever, the Monterey Public Library needs the support of individuals, companies, and philanthropic foundations to ensure that this historic and dynamic institution can continue its long and proud service into the future. The reduced basic funding provided by local government is not sufficient.
Your tax-deductible gift will provide a continuing source of income and ensure that the community will always have resources of the Library available.
WHAT IS AN ENDOWMENT FUND?
An endowment fund is a permanent fund in which your gift is prudently invested and grows over time. It's our "long-term savings account." Earnings from the fund are used to enhance library collections, technology, programs, and services. The principal remains in the fund, providing income to the library for years to come, managed by the Community Foundation for Monterey County.