Hopkinton Public Library Foundation of Hopkinton Nh
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE HOPKINTON LIBRARY FOUNDATION IS A NON-PROFIT ORGANIZATION THAT WAS FORMED TO HELP FURTHER AND IMPROVE THE PUBLIC LIBRARY IN OUR TOWN. BECAUSE OF MANY GENEROUS GIFTS, MEMORIAL CONTRIBUTIONS AND BEQUESTS OVER THE YEARS, THE FOUNDATION PROVIDED FUNDING FOR SEVERAL LIBRARY STUDIES, ARCHITECTURAL PLANS AND PUBLICITY FOR THE BUILDING PROJECT THAT PRODUCED THE LIBRARY WE ARE PROUD TO HAVE TODAY. THE FOUNDATION CONTINUES TO ENHANCE THE LIBRARY AND THE COMMUNITY BY FUNDING ADULT AND CHILDREN'S PROGRAMS, CONTRIBUTING TO THE FICTION, NONFICTION, AUDIO AND VIDEO COLLECTIONS AND CONTRIBUTING TO THE LIBRARY'S TECHNOLOGY UPGRADES. IT FUNDS THE LIBRARY NEWSLETTER AND PARTIALLY UNDERWRITES THE HOPKINTON READS PROGRAM. INCOME FROM THE FOUNDATION'S INVESTMENTS ARE USED TO PROVIDE THESE BENEFITS TO THE LIBRARY BEYOND THE NORMAL OPERATING BUDGET.
- Income
- $45,874
- Spending
- $29,847
- Spent on programs
- 80%
- Reserves
- Over 10 years of spending
- Largest source of income
- investment income, 65%
- Employees
- 0
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 81 out of 100.
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $23,829 spent. SUPPORTING THE HOPKINTON PUBLIC LIBRARY BY FUNDING RESOURCES, TECHNOLOGY, EDUCATIONAL AND SPECIAL PROJECTS, AND LONG TERM IMPROVEMENTS TO THE LIBRARY.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 1988.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.