The Annual Fund supplements the library's operating budget by supporting special needs and initiatives. It provides funding for professional development, essential in today's fast-changing academic library, for library faculty and staff. The Annual Fund also enables the Monroe Library to respond to new developments in educational technology.

Library donors may restrict their annual fund gifts to the library through the university's online giving form. Or donors may take advantage of special giving opportunities. These include the Parents Annual Fund and Library Legacies.