Vartan Gregorian on Library Funding

October 16, 2008

I talked with Vartan Gregorian, president of Carnegie Corporation of New York, yesterday afternoon about the library funding outlook. The view from the man often credited with making library fundraising chic (as president of the New York Public Library for eight years from 1981 to 1989) was optimistic but modulated by some pretty shocking numbers. "Whenever there has been a budget crisis," Gregorian said, "libraries are affected immediately because municipalities always make cuts across the board, in order to be even-handed." In his opinion, "that's wrong because library budgets are so small relative to every other agency." He also noted that during times of crisis, libraries are used more heavily. Everybody I've talked to recently about the current financial crisis has pointed this out, and we have the survey evidence to support it: library use is up, as it was during the Great Depression, which Gregorian pointed out. But like all parts of the cultural scene, libraries are going to be affected by the debacle on Wall Street, "whether we like it or not," he said. I was more than a little shocked when I asked Gregorian to tell me what kind of impact this disaster will have on philanthropy. "Oh yes, this year all the institutions will have major losses in their endowment," he said. "I would not be surprised if we lose anywhere from $500 million to $600 million dollars on the endowment." After lifting my jaw enough to speak, I asked when that would manifest itself in Carnegie Corporation's giving level, and he said that the organization still has$30 million to give this year and those commitments are "our #1 piority." He explained that because money is awarded on the basis of average earnings from previous 12 quarters, or a three-year average, the Corporation expects to meet those commitments. This year's earning were low, Gregorian said, "but for the last two or three years we were getting a 22% return." And beyond that? I asked him. He replied, "Foundations are losing their assets, and this will reflect, in our case, a year from now, maybe two years, we'll be suffering the consequences." Gregorian's main point during our conversation is that now is the time for us to make the case for libraries loud and clear, particularly here at ALA. Make the case for libraries, now, he said. "I don't want libraries to go back to what they were in the 1970s, because when I came to New York…you needed a calculator and GPS to know which libraries are open what time and where and so on." Librarians are wonderful because they always do more with less. As long as they don't run out of less they're fine, but we should also not run out of less, first not to accept less, but then not to run out of it. After all, like everything, giving is about priorities. I would just seize this. This is the time to alert about the importance of the library, not to assume the public knows it. Geregorain urges us not to threaten to fold if we don't get funded. "When I came to the New York Public Library," he siad, "there was a big ad put in the New York Times: 'If you don't help New York Public Library, it will become a big parking lot.' Well, if you are dying, why should I help you? I'll give you a good funeral. Librarians should insist that our existence is not in danger, can never be in danger. Our survival can never be in question. It's the quality of our survival and quality of services, which is important to the public." "If you can make that case, nobody will put the library on the top of the cutting list but rather on the bottom," he concluded.

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