Named funds

In December 1966 the Friends announced the Gazins' annual $50 Californiana gift and a record collection Douglas Aircraft colleagues gave in memory of Frederic W. Flake. The Evelyn Harris Belasco Memorial Fund grew from December book sales, which Jack Belasco matched. In March 1990 the board put $20,000 of the fund's $20,671.22 in a certificate of deposit and reserved its earnings for children's books. The board set a $25,000 target in September 1996, and the fund stood at $25,766.70 in April 1998. The board created a Save the Library Fund in June 1993 and a Patricia Gazin memorial fund for biographies and poetry in March 2001.

Drawn from: Gazin annual gift and Flake memorial collection announcement; Treasurer's report — December 18, 1985; Board minutes — June 18, 1986; Minutes — Belasco fund objective achieved and mural commissioned; Board adopts $25,000 target for Belasco and directs sale proceeds to it; Board funds summer reading and children's books from Belasco; Board creates a separate library rescue fund and reports book donations; Board establishes a Patricia Gazin memorial book fund.