During fiscal year 2005, the Library's fund-raising activities brought in a total of $12 million, representing 750 gifts from 639 donors. The donor categories included 476 individuals giving $2 million; 48 foundations giving $7.2 million; 62 corporations giving $1.8 million; and 53 trusts, estates associations, councils and societies giving $1 million. Those gifts, including $500,000 received through the Library's Planned Giving Program, were made to 64 different Library funds and consisted of $3.7 million in cash gifts, $7.9 million in new pledges and approximately $400,000 in in-kind gifts.
![The Song of America Tour](images/development.jpg)
The Library forged new partnerships with 232 first-time donors, including 181 individuals; 22 trusts, estates, associations, councils and societies; 17 corporations and 12 foundations. These new donors gave $1 million representing 8 percent of the gifts received this year. Six new gift and trust funds were established.
Private gifts supported a variety of new and continuing programs throughout the Library including exhibitions, acquisitions, symposia and other scholarly programs and the 2005 National Book Festival (supported by $1.5 million in private funds).
The James Madison Council—the Library's first private-sector advisory group—continued to provide substantial support for a number of Library initiatives. Gifts from Madison Council members in fiscal 2005 totaled $8.8 million, bringing total support since the Council was founded in 1990 to $167.8 million. This year the major part of the Council's contributions provided support for two of the Library's new major initiatives: Thomas Hampson's "Song of America" tour and seed money for the Creativity Across America project.
The Leaders Circle, a dynamic group of Library supporters, was officially launched on May 4, 2005, at a reception hosted by Madison Council Members Mr. and Mrs. William N. Cafritz. The Leaders Circle is dedicated to making the Library of Congress and its collections, programs and resources universally known and accessible and to increasing involvement with the Library through the talent, creativity, influence and resources of a new generation of philanthropic leadership.