Gale, A Cengage Company Financial Development Award

About the Gale, A Cengage Company Financial Development Award
An annual award consisting of $2,500 and a 24k gold-framed citation presented to a library organization to recognize an innovative, creative, well-organized project which successfully developed income from alternative sources. The alternative sources may include, but are not limited to: individual gifts, foundations, endowments, "challenge" grants, and related efforts.

Administered by:

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Award and Frequency

An annual award consisting of $2,500 and a 24k gold-framed citation.
This award is given out on an annual basis.

Eligibility

Any public, school or academic library is eligible.

While the library development project may have been a continuing one, the nomination should represent a significantly new effort which involved a more broad-based constituency and utilized additional fund-raising techniques.

Application Instructions

Please complete the online application, including any supporting documentation as attachments.

Contact Information

Cheryl Malden (Staff Liaison, July 1, 2005, to June 30, 2030) - cherylm@ala.org
Work Phone: (312) 280-3247
Fax: 312 944-3897
American Library Association
225 N Michigan Ave Ste 1300
Chicago, IL 60601-7616

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Selection Criteria

The criteria for selection of an award winner are:
  • evidence of the need and appropriateness of the financial goal;
  • the use of innovative, creative and well-organized development methods;
  • the success of the effort in meeting or exceeding the goal within a reasonable expenditure of fund-raising monies;
  • the involvement of library supporters, who might include boards of trustees and library friends groups or their equivalent.
Other factors which may add strength to the nomination are: the use of a public awareness program, and the possibility that aspects of the project might be replicated by other library organizations.

The successful use of new and commendable library development methods is a more important factor than the amount of money raised. The involvement of boards of trustees and library friends groups in the project will be considered as adding greatly to the merit of the program, as will the inclusion of a public awareness effort which enhances the position of the institution.