The Annual Fund Campaign was implemented by the PSA Board of Directors in the Fall of 1999 to supplement the operating funds of the PSA and as a way to raise funds for special projects at Philmont.
In reality, the true cost of a membership is about $39 in order to cover our operating costs. Please know that while we have been realizing economies of scale because of our increased membership numbers, we have also increased our services to Philmont – coordinating more service opportunities, awarding college scholarships, supporting PhilBreak, and coordinating more regional reunions to spread the Philmont spirit across America.
The Board of Directors of the PSA has set a goal of $75,000 for the 2007 Annual Fund Campaign.
Yes, life membership dues are set aside in a restricted account and only the interest is utilized to cover operating expenses. However, a life membership would need to cost almost $1,000 in order to return the $39 per year that is needed to service that membership. On top of that, many life members joined at a time when the cost of a life membership was between $100 and $295.
Your contributions are tax deductible as charitable donations to the fullest extent allowed by law. The Philmont Staff Association is recognized as a Section 501(c)(3) charitable organization by the IRS.
We do ask those that can to please donate to the Annual Fund in order to ensure the on-going efforts of the PSA.
Should you have any additional questions, please contact Joe Leisz, VP/Development.