Board of Directors
The Foundation Board is comprised of community leaders with a variety of backgrounds including: banking, investments, accounting, marketing, social services, corporate real estate, small business, education and law.
The Board is responsible for overseeing the preservation and allocation of the funds received. The Board is advised on investments by its financial advisor, Bernard Horn, a senior investment industry executive, who generously volunteers his time and services. The Board reviews its investment portfolio each month and meets quarterly with its financial advisors to discuss the financial outlook and ensure the investment mix is appropriate given the market risks and conditions.
The Foundation works in partnership with the Library Staff, the Friends of the Library and the Board of Trustees.
Left to right: Elise Ciregna (Vice President), Bruce Austin (Secretary), Amy Coumounduros (Treasurer),
Christine Ford (Director), Patrick Egan (President), Stephanie Filipski (Director)
Not Pictured: Lynne Cameron (Director)
Honorary Board: Russ Graham, Bill Hecht, Robert Nordstrand, and Maria Silvaggi
Mission
The Reading Public Library Foundation was established in 1996 to create and manage an endowment fund, the proceeds of which are used to enhance the Library’s ability to deliver valuable services to our community. The Foundation has a governing Board of Directors which oversees the preservation of the endowment and annually recommends the transfer of earnings from our investments to the Library. This enables the Library to offer programs, services and events that otherwise could not be offered. Gifts to the Library from the Foundation are not used to replace or in any way substitute for funds provided by the Town to support the Library. Foundation gifts have been used to upgrade personal computers, expand the large print collection, purchase books for all age groups, enhance the media collection, establish a DVD collection, refurbish and update the Computer Lab. To see more of what the Foundation has supported click here.