Postage Stamp Farm Foundation Inc
- Assets
- $12.9m
- Revenue
- $89.6k
- Investments
- $4.2m
- Employees
- 0
- Location
- Wellington, FL
- Founding
- 02/2016
- Data as of
- 12/2022
- EIN
- 47-4633287
Organization Overview
Postage Stamp Farm Foundation Inc is located in Wellington, FL. The organization was established in 2016. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Postage Stamp Farm Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Postage Stamp Farm Foundation Inc generated $89.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (38.6%) each year. All expenses for the organization totaled $757.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Postage Stamp Farm Foundation Inc has awarded 79 individual grants totaling $2,655,463. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $49,045 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $36,101 |
| Capital Gain Net Income | $36,101 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,495 |
| Total Revenue | $89,641 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $40,298 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $40,083 |
| Total operating and administrative expenses | $84,991 |
| Contributions, gifts, grants paid | $672,600 |
| Total expenses and disbursements | $757,591 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,222,446 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,205,017 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,437,103 |
| Total assets | $12,864,566 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Postage Stamp Farm Foundation Inc has awarded $672,600 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUB OF PALM BEACH COUNTY PURPOSE: GENERAL FUND | $15,000 |
CLASSICAL AMERICAN HOMES PRESERVATION PURPOSE: GENERAL FUND | $5,000 |
EPONA'S PATH PURPOSE: GENERAL FUND | $75,000 |
POLO FOR LIFE INC PURPOSE: GENERAL FUND | $87,500 |
THE DEBUTANTE COTILLION AND CHRISTMAS BALL PURPOSE: GENERAL FUND | $20,000 |
FIDELITY CHARITABLE GIFT FUND PURPOSE: GENERAL FUND | $50,000 |