Converse County Library is the latest to reach its goal for the Wyoming Library Endowment Challenge, according to the latest update from the WSL Library Development Office. The Challenge is a state-funded program that offers matching funds for locally raised endowment dollars.
Converse is one of 15 Wyoming libraries that have hit 100% of their fundraising goals. Overall, the state’s 23 public library systems are 90.6% of the way, having accessed $17.1 million of the $18.35 million in match and incentive funds available to them. Local funds are matched 1:1, 2:1, or 3:1 based on county assessed valuations at the time the Challenge was established in 2008.
Fundraising partnerships, permitted under a 2015 amendment to the Challenge,helped put Converse County Library over the top. The library raised $101,117 in private funds, matched 2:1 with $202,234 in state funds. An additional $269,617 in matching funds was received in partnership with the Natrona County and Laramie County libraries.