LibraryCity’s proposal for a national digital library endowment has now made the leading publication in the field of K-12 education—not just philanthropy (Chronicle of Philanthropy) and libraries (Library Journal).
As a boy, Warren Buffett is said to have read book after book on money.
Thankfully, he did not live in Los Angeles and rely on the library at Roy Romer Middle School. Students there couldn't check out a Buffett biography, or any other title, when a Los Angeles Times reporter dropped by last year. The reason? The library at the time was locked up because of staff cuts.
Wait. It gets worse. Romer Middle School has lots of company throughout the United States in its school library horrors. One hundred and seventy-six certified librarians worked in the Philadelphia city schools in 1991. Today, the count is just 11 in the 218-school district.
But Mr. Buffett and other members of the super-rich could at least help, through a national digital-library endowment, funded by interested billionaires. The endowment could help pay for librarians, e-books, other content, and related technology for school and public libraries. It could especially target high-poverty areas and promote the hiring and professional development of minority librarians—while also nurturing the love of literature for the new America.
Of course: not every billionaire will give. But the 400 richest Americans are together worth more than $2 trillion. Just a small fraction of the 400 could come up the money to fund an endowment with assets of $15-$20 billion in five years. America’s public libraries today can spend only around $1.2 billion a year on content. The endowment would hardly end our libraries’ fiscal problems. But it would help in strategic ways.
Now—if policymakers and enlightened members of the super rich will only follow up! In printing the proposal, the three publications have not offered endorsements. But they are saying that the plan is worth contemplating and discussing. May the dialog begin!
- L.A. kids can’t read a Warren Buffett bio at their school library—because it’s shut down: How Buffett and other billionaires can help
- Gates Global Libraries program is winding down: Time for a national digital library endowment to fill the vacuum
- The K-12 and economic cases for a national digital library endowment: An executive summary
- ‘Close The Libraries And Buy Everyone An Amazon Kindle Unlimited Subscription’—Forbes contributor
- In Warren Buffett’s own backyard: Underfunded Omaha libraries. National digital library endowment, anyone?