The Philatelic Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 131523140 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is The Philatelic Foundation?

The Philatelic Foundation is a nonprofit entity based in New York, specifically at 353 Lexington Avenue Suite 804, NY 10016. Their primary mission is to promote and advance the field of philately, which encompasses the study and collection of stamps and covers. They achieve this objective through various means, such as publications, their website, and DVDs. Additionally, they offer expert advice on stamps and covers, providing a valuable service to collectors and enthusiasts. The organization is staffed by a team of five dedicated individuals.


Official website here: www.philatelicfoundation.org

Is The Philatelic Foundation legitimate?

The Philatelic Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Philatelic Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $153,958
Professional Fundraising Fees: $0
Other Salaries and Wages: $234,305

For more financial information, click here


Official website here: www.philatelicfoundation.org

What is the mission statement of The Philatelic Foundation?

The Philatelic Foundation's mission is focused on promoting and advancing philately in its various aspects. They achieve this through various means such as publications, their website, and DVDs. Furthermore, they offer expert advice on stamps and covers. Additionally, the organization has an expert committee that provides the service of authenticating stamps and covers. In essence, their mission is to support and contribute to the growth and understanding of philately.


Official website here: www.philatelicfoundation.org

Who is the CEO of The Philatelic Foundation?

Larry Lyons is the Exec Director of The Philatelic Foundation.


Official website here: www.philatelicfoundation.org

What is the revenue of The Philatelic Foundation?

The Philatelic Foundation's revenue in 2022 was $661,736.


Official website here: www.philatelicfoundation.org

Who are the executives of The Philatelic Foundation and what are their salaries?

The average compensation at The Philatelic Foundation during 2022 was $77,653. There are 5 employees and 13 volunteers at The Philatelic Foundation.

Here are 14 key members and their salaries:

    Larry Lyons (Exec Director)
  • Compensation: $153,958
  • Related: $0
  • Other: $5,198

    • George J Kramer (Chair Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert G Rose (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carl Contiguglia (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Reinhard (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Schwartz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wade Saadi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Peter Mccann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harry Olivar (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Ryterband (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Shreve (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred Gregory (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Vernon Morris (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia A Kaufman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.philatelicfoundation.org

    Where can I find the form 990 for The Philatelic Foundation?

    The The Philatelic Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.philatelicfoundation.org

    Learn more at the official website: www.philatelicfoundation.org

    Mission Statement of The Philatelic Foundation

    The Philatelic Foundation, a renowned organization, is committed to fostering and promoting philately in its various aspects. They achieve this goal through a multifaceted approach that includes publishing informative materials, maintaining an informative website, and producing educational DVDs. Moreover, the foundation offers expert advice on stamps and covers, providing valuable insights to collectors and enthusiasts alike. By offering these services, The Philatelic Foundation aims to advance the hobby of philately and contribute to its growth and development in all its branches.

    Impact

    This information is meant to be a general summary of The Philatelic Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    The Philatelic Foundation provides a crucial service in the world of stamp collecting by offering expert advice and authenticating stamps and covers. Stamp collectors rely on the Foundation's expert committee to ensure the credibility and value of their collections. By promoting philately through publications, a website, and other mediums, The Philatelic Foundation has a significant impact on advancing the hobby and preserving the integrity of stamp collecting.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $48,127
  • Program Service Revenue: $522,302
  • Gross Receipts: $1,126,458

    • Assets and Liabilities:
  • Total Assets: $4,064,052
  • Total Liabilities: $323,458
  • Net Assets: $3,740,594
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    DEALER FEES

    Revenue

    $13,085

    EXPERT COMMITTEE FEES

    Revenue

    $508,142

    OTHER INCOME

    Revenue

    $1,075

    Organization Details

    Founding Year

    1945

    Principal Officer

    Larry Lyons

    Main Address

    353 LEXINGTON AVENUE SUITE 804, NEW YORK, NY, 10016

    NTEE Category

    Code: A03 - Arts

    If you are a representative of The Philatelic Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.