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Borrowing Center
A borrowing center, borrowing shop, borrowing bar, item library or library of things is a library of household items and tools, usually organized as a volunteer cooperative, nonprofit organization, or operated by the local public library. Borrowing centers are part of the sharing economy, which was termed in 1984 by Harvard economist Martin Weitzman. In contrast to a rental store, which offers many of the same items, borrowing centres are operated on a non-profit or collective basis. The concept of a borrowing center is not new. Historically some public libraries have offered items beyond print and audio-visual media, such as toys. The concept is also similar to toy libraries, which have existed since at least 1935, and tool libraries. One of the better-known borrowing centers is the Sharing Depot in Toronto, Canada. Similar Terms/Concepts Borrowing center is not a popular term to be used, Tools Library shares the same or similar functions and concept as borrowing cente ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Volunteer Cooperative
A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise".Statement on the Cooperative Identity. ''.'' Cooperatives are democratically controlled by their members, with each member having one vote in electing the board of directors. Cooperatives may include: * es owned and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nonprofit Organization
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a Profit (accounting), profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be Tax exemption, tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Library
A public library is a library that is accessible by the general public and is usually funded from public sources, such as taxes. It is operated by librarians and library paraprofessionals, who are also Civil service, civil servants. There are five fundamental characteristics shared by public libraries: they are generally supported by taxes (usually local, though any level of government can and may contribute); they are governed by a board to serve the public interest; they are open to all, and every community member can access the collection; they are entirely voluntary, no one is ever forced to use the services provided and they provide library and information services services without charge. Public libraries exist in many countries across the world and are often considered an essential part of having an educated and literate population. Public libraries are distinct from research library, research libraries, school library, school libraries, academic library, academic librar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sharing Economy
In capitalism, the sharing economy is a socio-economic system built around the sharing of resources. It often involves a way of purchasing goods and services that differs from the traditional business model of companies hiring employees to produce products to sell to consumers. It includes the shared creation, production, distribution, trade and consumption of goods and services by different people and organisations. These systems take a variety of forms, often leveraging information technology (particularly digital platforms) to empower individuals, corporations, non-profits and government with information that enables distribution, sharing and reuse of excess capacity in goods and services.Sutherland, W and Jarrahi, M.H. "The sharing economy and digital platforms: A review and research agenda." ''International Journal of Information Management'' 43 (2018): 328–341. There are two main types of sharing economy initiatives: * Non-profit, usually based on the concept of book-lendin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rent-to-own
Rent-to-own, also known as rental purchase or rent-to-buy, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics, motor vehicles, home appliances, real property, and engagement rings, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during the agreement. A rent-to-own transaction differs from a traditional lease, in that the lessee can purchase the leased item at any time during the agreement (in a traditional lease the lessee has no such right), and from a hire purchase/installment plan, in that the lessee can terminate the agreement by simply returning the property (in a hire purchase the buyer has a limited time, if any, to cancel the agreement). The usage of rent-to-own transactions began in the United Kingdom and Europe, and first appeared in the United States during the 1950s and 1960s. While rent-to-own terminology is most commonly associated with consumer goo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toy Library
A toy library lends or hires out toys, puzzles, and games, functioning either as a rental shop or a form of family resource program. Toy libraries offer play sessions for families and a wide range of toys appropriate for children at different stages in their development. Toy libraries provide children with new toys every week or two, saving parents money and keeping children from getting bored. Popular in the French-speaking world, toy libraries are called ludothèques. History Toy libraries have existed since at least 1935, with the establishment of one in Los Angeles. The idea re-emerged and gained popularity in the United States in the 60s and 70s with the passage of Head Start and other legislation. See also A lekotek Lekotek is an international program to lend Assistive Technology, toys and expertise to disabled children. The first lekotek opened in 1963 in Stockholm, Sweden. From there the concept spread to other Scandinavian countries, Europe and the rest o ... is a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tool Library
A tool library is an example of a Library of Things. Tool libraries allow patrons to check out or borrow tools, equipment and "how-to" instructional materials, functioning either as a rental shop, with a charge for borrowing the tools, or more commonly free of charge as a form of community sharing. A tool library performs the following main tasks: *Lending: all kinds of tools for use in volunteer projects, facility maintenance and improvement projects, community improvement events, and special events. *Advocacy: for the complete and timely return of all borrowed tools, to guarantee the long-term sustainability of available inventory. Staff also seeks compensation for lost tools and tools returned late. *Maintenance: performing routine maintenance and repairs on all equipment to ensure good condition and to extend the lifespan of the inventory. This function is typically performed by volunteers and community service workers. *Education: Some tool libraries also provide educationa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toronto Tool Library
Toronto Tool Library (TTL) is a tool library system based in Toronto, Ontario, Canada. Tool libraries loan specialized tools for both experienced and inexperienced community members who are interested in home repair, maintenance, building projects, community projects, gardening and landscaping. In The Kitchen Library, small to medium-sized appliances are loaned for cooking and baking, serving equipment, culinary workshops. It partnered with the Toronto Public Library in 2015. History In 2012, TTL was founded by Ryan Dyment and Lawrence Alvarez. TTL received its first grant from the Centre for Social Innovation and started a registered non-profit arm called the Institute for a Resource Based Economy (IRBE) in 2012. In March 2012, a tool lending library was established in Toronto west at the Parkdale Activity Recreation Centre, 1499 Queen Street West, Toronto. In Ovctober 2013, a tool lending library and Makerspace with a wood shop, laser cutter, 3D printers, workshops and communit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tool Library
A tool library is an example of a Library of Things. Tool libraries allow patrons to check out or borrow tools, equipment and "how-to" instructional materials, functioning either as a rental shop, with a charge for borrowing the tools, or more commonly free of charge as a form of community sharing. A tool library performs the following main tasks: *Lending: all kinds of tools for use in volunteer projects, facility maintenance and improvement projects, community improvement events, and special events. *Advocacy: for the complete and timely return of all borrowed tools, to guarantee the long-term sustainability of available inventory. Staff also seeks compensation for lost tools and tools returned late. *Maintenance: performing routine maintenance and repairs on all equipment to ensure good condition and to extend the lifespan of the inventory. This function is typically performed by volunteers and community service workers. *Education: Some tool libraries also provide educationa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Tool-lending Libraries
A tool library is an example of a Library of Things. Tool libraries allow patrons to check out or borrow tools, equipment and "how-to" instructional materials, functioning either as a rental shop, with a charge for borrowing the tools, or more commonly free of charge as a form of community sharing. A tool library performs the following main tasks: *Lending: all kinds of tools for use in volunteer projects, facility maintenance and improvement projects, community improvement events, and special events. *Advocacy: for the complete and timely return of all borrowed tools, to guarantee the long-term sustainability of available inventory. Staff also seeks compensation for lost tools and tools returned late. *Maintenance: performing routine maintenance and repairs on all equipment to ensure good condition and to extend the lifespan of the inventory. This function is typically performed by volunteers and community service workers. *Education: Some tool libraries also provide educationa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Library
A public library is a library that is accessible by the general public and is usually funded from public sources, such as taxes. It is operated by librarians and library paraprofessionals, who are also Civil service, civil servants. There are five fundamental characteristics shared by public libraries: they are generally supported by taxes (usually local, though any level of government can and may contribute); they are governed by a board to serve the public interest; they are open to all, and every community member can access the collection; they are entirely voluntary, no one is ever forced to use the services provided and they provide library and information services services without charge. Public libraries exist in many countries across the world and are often considered an essential part of having an educated and literate population. Public libraries are distinct from research library, research libraries, school library, school libraries, academic library, academic librar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
