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Friends of the San Francisco Public Library study shows SFPL return on investment is $3.34

The Friends of the San Francisco Public Library has released a study, "Providing for Knowledge, Growth and Prosperity: A Benefit Study of the San Francisco Public Library,"  that shows the San Francisco Public Library (SFPL) generates a $3.34 return for every dollar spent on SFPL operations and services.  

According to the study, SFPL most directly benefits the City through education and early literacy, economic and workforce development, strengthening communities and enhancing the image and identity of San Francisco and its neighborhoods, and personal learning and recreation.

Of SFPL’s achievement San Francisco Mayor Gavin Newsom says, "The San Francisco Public Library's contributions to the health and vitality of our city are essential and vast…it is public in the very best sense of the word: of and for all people.”

Of the Friends of the San Francisco Public Library effort City Librarian Luis Herrera says, “We are very appreciative of the Friends for undertaking this initiative that has local as well as national implications for raising awareness of the importance of our libraries."  

For the full Friends of the San Francisco Public Library press release, please visit: http://www.friendsandfoundation.org/press_release.cfm?id=41.

To request a copy of the study, please contact Anne Wintroub at (415) 626-7512 ext. 115 or email anne.wintroub@friendssfpl.org.

Published Wednesday, January 30, 2008 3:28 PM by CSL Info

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