District Library and Investment options
My board is wondering what investment options we as a district library have. Can anyone share with me what they do and if there is something written with guidelines on this for District Libraries. Thank you, Deanna Deanna Riggleman, Director Tamarack District Library 832 S Lincoln Avenue Lakeview MI 48850 (989)352-6274 https://tamaracklibrary.org/
We have a policy written, but as I understand it, since we operate with public money there are a few options. Something like MI Class. We also have endowment and building funds with the Charlevoix County Community Foundation. Deanna, I will send a copy of our investment policy to you. Jacqueline LaFreniere, Director Beaver Island District Library 26400 Donegal Bay Road PO Box 246 Beaver Island, MI 49782 (231) 448-2701 On Thu, Oct 30, 2025 at 5:04 PM TDL Director via Michlib-l < michlib-l@liblists.org> wrote:
My board is wondering what investment options we as a district library have. Can anyone share with me what they do and if there is something written with guidelines on this for District Libraries.
Thank you, Deanna
Deanna Riggleman, Director Tamarack District Library 832 S Lincoln Avenue Lakeview MI 48850 (989)352-6274
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participants (2)
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Jacqueline LaFreniere -
TDL Director