Money Issues

Budget Cuts and The Smithsonian

Lee Hadded Writes:\"Three libraries may be cut from the Smithsonian Institution. Today\'s
Washington Times has brief article today, April 10, 2001, by Gabriella
Boston, \"Smithsonian budget renovates buildings, cuts program, staff,\" on
page C1 and C2 of the Metropolitan Section. In her article, she states
about the budget cuts: \"Other cutbacks include eliminating the in-house
center for copying and distributing documents, three libraries and the
Smithsonian\'s multimedia productions center.\"

You will have to read the paper copy for this article. Regretfully,
this article does not appear to be posted on their web site at:
washingtontimes.com\"

More Bad News for Ohio Libraries

Ohio\'s Governor Taft has proposed eliminating a $12 million allotment in the general revenue fund for the Ohio Public Library Information Network (OPLIN). His plan would fund the network solely through general library funding. A preliminary study by the Ohio Library Council (OLC)estimates the state\'s public libraries could lose $84 million if the proposal is enacted.
[more...] from The Columbus Dispatch

Publish, Perish or Pay Up

Wired is running a Story about the reaction to high journal prices.

Since journal costs have skyrocketed to the point where they are just unaffordable to researchers, someone is attempting to reclaim control by creating alternatives to leading commercial publications that have gotten so stupidly over priced.
A new, nonprofit, online venture, The Electronic Society for Social Scientists (ELSSS), is offering journals that are at least 50 percent cheaper than major commercial academic publishers.
This is some very cool stuff, good ideas from smart people that change the market. Rather than just complaining about things, someone did something about it.

\"\"In the next three months decisions will be taken that will change significantly academic journal publishing in economics,\" -Manfredi La Manna creator of ELSSS.

Hold on to your E-Rate

In today\'s New York Times, Rebecca S. Weiner writes...

Advocates for the E-rate, a program that subsidizes Internet connections for the country\'s schools and libraries, are worried that President George W. Bush\'s proposal to consolidate federal education technology programs into a single block grant could stifle its success. -- Read More

Interesting approaches to library fund-raising

\"The feathers on the hot pink and blue boas draped around Jack Bentley\'s neck shook as he laughed during a lively serenade from the Library Sisters\". Dressed in hot pink, cherry red and royal blue, the Library Sisters strut their stuff to raise money for the local library . Read all about it in this story from the San Angelo Standard-Times.

Meanwhile, over in Boulder, Colorado: the library foundation, faced with a huge influx of quality donations to the library, successful quarterly book sales, and enthusiastic volunteers, shows its appreciation by
suspending
the book sale program and dismissing volunteers.

\"We are gone,\" said volunteer Lisa Lee. \"And we won\'t be back.\"

Maybe the consultant hired to review the book sales could give the board a few pointers on volunteer and public relations...

Ohio Governor Freezes Library Funds, While PA\'s Governor Ridge Gives \'em Boost

From Library Journal .

The state of Ohio has historically been very strong in its support of public libraries, ranking somewhere near the top in funding. The state of Pennsylvania, however, has notoriously been at the opposite end of the library funding universe, suffering from barely-existent book budgets, low salaries and often inadequate facilities.

Last week, it was reported that beginning in 2001, Ohio public schools are no longer required to house libraries or employ degreed librarians. According to This one, it looks as though there\'s more bad news ahead for libraries in the state of Ohio, only this time it affects public libraries. Ohio\'s Governor Taft has frozen library funding, while Pennsylvania gets another big funding boost from Governor Ridge. Way to go Govs.

Where Art Thou Money?

These stories all seem somehow related, and I\'m not
sure what else to do with them.

So you\'re afraid of
losing all your federal assistance
thanks to CIPA? Maybe someone will Make a Mistake and
give you $70,000 that was the schools, or vice-versa,
like in this case.
Maybe Someone Will Give You $10,000, or maybe you
could just Open Your Garage.

Scholarship for library school students with disabilities

AccessLife is carrying a story about how Ellen Perlow convinced ASCLA to offer a library school scholarship for people with disabilities. At first, ALA turned her down.

\"This fact made Perlow realize that the program would have to be funded independently and not detract from the Spectrum scholarships for racially diverse library students. So she went out and got her first anonymous donation and, in a very short time, the program was set.\"

The State of the GLF

LISNews is one of my hobbies, one of my other hobbies is
Investing. The Nasdaq Market has had a rough few months, and
Microsoft is a big part of that market. I\'ve been hearing
alot of talk about all the money being lost in the market,
which got me to thinking....


The Bill and Melinda Gates
Foundation
has been a huge supporter of libraries around
the world.


Bill Gates set up the GLF, in part, with money made from
microsoft.


The GLF gave almost $35 Million to libraries last year. The
GLF paid almost $24 Million in Taxes last year (Still think
the rich are undertaxed?).


So now that Microsoft stock has gone from 119 to 47 (They
lost over 11% on Friday alone) what will become of the fund?
With libraries being a small part (1%) of the fund
distributions, will this money begin to shrink?


Can anyone shed some light on this for me? I\'m curious about
the status of the fund as I\'m a big fan of the fund and what
they do.

Donate to the Clinton Library

MSNBC has a Story that looks at the new Presidental Library for outgoing President Clinton. Vinod Gupta, the Omaha, Nebraska-based president of InfoUSA had also pledged $1 million to the president’s library and got to stay in The White House.

\"One Democratic Party source tells NEWSWEEK that the Clintons have used Lincoln Bedroom overnight invitations for library donors even more than contributors to the Democratic Party or Hillary Clinton’s campaign, although the source acknowledges that there was inevitably a large overlap among those groups.\"

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