Potsdam Holiday Fund Inc.

Overview

Potsdam Holiday Fund Inc. is a US nonprofit organization dedicated to providing holiday assistance to families and senior citizens in need within the Potsdam and surrounding areas. It has been a part of the community tradition for over 30 years, offering support during the holiday season.

Mission and Services

The organization's primary mission is to provide essential holiday gifts and necessities such as food and warm clothing vouchers to eligible families with children and senior citizens. Additionally, it offers new books and gifts for each child. The vouchers are redeemable at local businesses, promoting community support and involvement.

Area of Operation

Potsdam Holiday Fund serves residents of Potsdam, Madrid, Hopkinton, Nicholville, Brasher Falls, Chase Mills, Fort Jackson, West Stockholm, and Winthrop. The program is coordinated by a group of local volunteers who seek to make a positive impact on the community.

Impact

Annually, the program assists approximately 300 children from 120 families and 120 senior citizens. The success of Potsdam Holiday Fund relies heavily on community donations and volunteer efforts.

Financial Information

The organization has reported varied financial figures over the years, reflecting the dynamic nature of nonprofit funding. In past years, revenues have ranged from approximately $50,000 to $79,000, with expenses closely aligned to ensure that resources are effectively utilized.

Governance and Structure

As a public charity, Potsdam Holiday Fund Inc. is registered with the Internal Revenue Service (IRS) under the Employer Identification Number (EIN) 43752499. It operates in compliance with IRS regulations for nonprofit organizations, filing necessary tax returns to maintain transparency and accountability.

Community Engagement

Community support is crucial to the Potsdam Holiday Fund's continued success. Volunteers and donors contribute significantly to the organization's ability to provide assistance during the holiday season. Their efforts are recognized through events like Santa’s Workshop, where families receive gifts and vouchers, further enhancing the sense of community and support.