Established in 1983, the Thousand Oaks Library Foundation is a non-profit organization which supports special library projects in the Thousand Oaks Library. Serving as the major recipient for monetary donations to the library, the Foundation has provided funding for hard-to-find or costly library materials and equipment. Projects of the Foundation include:
- the establishment of the Feature Film DVD rental program
- the Special Collections department
- the Library Foundation Gift Store
Since its inception, the Thousand Oaks Library Foundation has raised over $1.5 million in support of the libraries.