Polish Home Foundation
Mar 5, 2006
Polish Home Foundation
2005 Report Summary
Dear Friends of the
Foundation,
This is a brief summary of PHF activities and finances in 2005. For the Foundation itself the important moment of the year came in March, when the IRS granted the permanent 501(c)(3) tax exemption status to the PHF.
The main focus for the Foundation was fundraising for the Polish Home expansion project through the Polish Home Fundraising Committee chaired by Ryszard Kott. The Committee ran a very successful campaign in 2005. By the end of the year, over 100 people pledged about $255,000 to the project, with about $54,000 in actual donations.
Events the Foundation
was involved with in 2005
As the PHF focused on the Polish Home fundraising activities, it was involved in smaller number of events in 2005.
The Foundation was involved
directly in the following events: fundraising at the spring and fall Bazaars at
the Polish Home and mass mailing for the Polish Home expansion project. The Foundation was helping with the
following fundraisers: for the
Donations
Fundraising for the Polish Home
Expansion Project increased the overall number and value of donations to the
Foundation. In 2005, the Foundation received about 180 donations and matching
gift donations in cash for a total of $58,846, including about 80 related to
the expansion project. This compares to about 130 donations totaling $18,761 in
2004. PHF also received several donations in kind: folk art, books and jewelry
sold at the spring bazaar and the fall bazaar, as well as a magnificent
historical Polish National Alliance flag from 1899 from
The Fundraising Committee was soliciting not only donations but also pledges of support for the PH expansion project. By the end of the year, there were about 100 pledges for the benefit of the Expansion Project with a total value over $255,000 and with some pledges spanning up to 5 years. All signs indicate that the number of donations in 2006 will increase again.
Grants
In 2005, the Foundation issued the
following grants:
·
$400
to the
·
$250
to Radio Wisla,
March
·
$228
to the Polish Wings in WWII exhibition, April
·
$1000
to the
·
$400
to Gazetka Polonijna,
May
·
$3,120
to the
·
$5,140
to the PHA for the ventilation project at the Polish Home, September
·
$300
to prof. Pietrzyk towards the cost of printing the Solidarity history booklet
·
$8,250
to the PHA for the Polish Home Expansion project (Conditional Use Permit costs),
October
·
A
historical PNA flag from 1899 to the PHA, December
The Foundation
has also bought a total of $648 worth of ads as means of supporting Radio Wisla.
Financial Summary
PHF revenue for 2005 was $59,873, grants and expenses totaled $22,603; the income was $37,270.
Plans for 2006,
invitation to supporters and volunteers
The main focus of the Foundation activities in 2006 will be again fundraising for the Polish Home expansion project. The Foundation enjoys wide support in our community. Everybody can become a PHF member or volunteer. If you would like to help in PHF activities such as raising money for the Polish Home expansion project or with events organized by the Foundation, please contact Ryszard Kott or other officers. We need your help and support for our common good and invite everybody to join our efforts!