Library invests bequest

Posted Oct. 07, 2011, at 8:44 p.m.

The Friends of the Thomaston Public Library announced that it has received $300,000 from the estate of Ruby Morrison, a former librarian and board member of the Thomaston Public Library. The donation has been invested with the Maine Community Foundation.

Currently, MaineCF manages more than 140 nonprofit endowments of different sizes from across Maine.

Through its diversified primary investment portfolio, MaineCF offers nonprofit organizations access to institutional investment strategies and management normally available only to large investors. The foundation employs multiple professional investment managers with experience in specialized sectors of the investment markets.

The Friends of the Thomaston Public Library is a 501(c)(3) corporation run by volunteers which exists to benefit the operations of the Thomaston Public Library. For more information, call the library at 354-2453.

http://bangordailynews.com/2011/10/07/the-midcoast-beacon/library-invests-bequest/ printed on October 20, 2014