A tool library allow patrons to 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.
A tool lending library was started in Columbus, OH in 1976. Originally run by the City, the tool library is now operated by Rebuilding Together Central Ohio, a 501 (c)(3) non-profit organization that works to preserve and revitalize homes and communities in Central Ohio. The RTCO Tool Library makes available over 4,500 tools free of charge to both individuals and non-profit organizations. This tool library was among many in what could maybe be considered the first generation of tool libraries - including The Phinney Tool Library in 1978 and The Berkeley Tool Library in 1979 - most of which were founded in the late 70s or early 80s. Many of these libraries were started with community block grants. A variation of the tool lending library model exists in Atlanta, Georgia. At the Atlanta Community ToolBank, the tools are reserved for use only by nonprofits and other community-based organizations who are performing volunteer and facility maintenance projects. The ToolBank tool inventory is not available to individuals.
In 2009, the community of West Seattle in Washington started the West Seattle Tool Library, which provides a wide variety of tools and resources for individuals and organizations while specifically encouraging sustainable urban living. In 2011, Popular Mechanics recognized "Building a Local Tool Library" as one of its top ten ways to change the world, while highlighting the West Seattle Tool Library.
In response to that recognition, "Share Starter" began to offer a free "Tool Library Starter Kit" to any community interested in starting a lending library of their own. The kit includes start up guidelines, frequently asked questions, and sample documents. Also, Center for a New American Dream published a webinar recording, which highlighted insights from a handful of tool libraries on how to get started.
Given their increasing popularity and proven history of success, tool libraries and tool banks are now playing a role in the sharing economy and can be found in local public libraries and makerspaces, for instance. There are software platforms for managing tool and other types of lending libraries including "Local Tools" from "myTurn.com, pbc".
- "Tool Library welcomes borrows in Columbus." The Columbus Dispatch. October 18, 2009.
- "Library Dispenses Tools and Home-Repair Advice". Berkeley Daily Planet. August 19, 2005.<templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>
- Amanda DeMatto. "DIY Heroes: 10 Backyard Builders Changing the World". Popular Mechanics.<templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>
- "How to Start a Tool Library". Shareable.<templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>
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