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The American Philatelist April 2020

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<strong>The</strong> Campaign for Philately<br />

<strong>The</strong> Campaign for Philately is the banner under which the APS and<br />

APRL jointly conduct fundraising activities. <strong>The</strong> purpose of our Campaign<br />

is to provide additional resources for the Society and Library to<br />

better serve the membership and to promote stamp collecting. Donors<br />

may direct gifts for specific purposes. Undesignated gifts are utilized in<br />

consistence with the purpose of the campaign, including current programs<br />

and services.<br />

Initiatives that benefit from the Campaign include the following:<br />

membership promotion; technology upgrades; youth and education<br />

programs; advertising and public relations promoting the hobby; as well as the creative use of emerging digital and Internet<br />

resources.<br />

Note that our Recognition Issue listings treat pledges and end-of-year donations as the IRS treats donations, which creates<br />

small differences compared to our audited financial statements, which must follow accounting regulations.<br />

Cash Received<br />

Pledge Payments $27,100<br />

Memorial Gifts $9,002<br />

Estates $1,579,257<br />

Matching Gifts 609<br />

Honorary Gifts $1,605<br />

Other Cash $577,742<br />

Subtotal $2,195,315<br />

Sale of Donated Stamps $89,196<br />

Use of Donated Postage $55,688<br />

Sale of Donated Lib Matl $14,342<br />

Subtotal $159,226<br />

Total $2,354,541<br />

2019 Fundraising Costs<br />

Personnel $166,359<br />

Credit Card Costs $2,134<br />

Postage $5,091<br />

Other Office Expense $9,405<br />

Mighty Buck Mailing $10,034<br />

Campaign for Philately Reception 7,780<br />

AP Donor Recognition 7,104<br />

Inter Office Services<br />

(Accounting, Mailroom, etc.) 9,558<br />

Total $217,465<br />

% Cost of Fundraising 9%<br />

2019 Fundraising Snapshot<br />

Cash by Designation<br />

(Excludes Non-Cash Gift Proceeds)<br />

APS Endowment $900<br />

APS General $120,536<br />

Book Restoration $3,014<br />

Chicago 2021/Soiree $74,789<br />

David Straight Award $1,230<br />

Debt Reduction/Building $1,578,976<br />

Education $3,157<br />

Employee Appreciation $6,534<br />

Exhibiting $2,100<br />

Expertizing $10,022<br />

Library Acquisitions $1,915<br />

Library Endowment $5,608<br />

Library General $37,965<br />

Mighty Buck $56,888<br />

Stamps Teach $15,169<br />

Technology/Website $125,942<br />

Unrestricted $127,483<br />

Young Phil Leaders $14,177<br />

Youth $2,138<br />

Youth Summer Seminar<br />

Scholarship $6,180<br />

Other $592<br />

Total $2,195,315<br />

For more information on how you or your organization can support the Campaign for Philately<br />

please contact Scott English, scott@stamps.org, or 814-933-3814.<br />

APRIL <strong>2020</strong> / AMERICAN PHILATELIST 381

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