FOUNDATION FOR INTERNATIONAL PHILOSOPHICAL EXCHANGE Charity Report

Tax-exempt status may be revoked

FOUNDATION FOR INTERNATIONAL PHILOSOPHICAL EXCHANGE

EIN 13-6273037 · Education N.E.C. (B99)

What they do

The Foundation Supports The Quarterly Publication of The Scholarly Journal IPQ (International Philosophical Quarterly) and Other Scholarly Activities Such As The Publication of Various Volumes of Proceedings From Scholarly Conferences As Well As Certain Lectures and Academic Programs.

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This record may have an IRS status problem. Do not give until you verify it.

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Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2020The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders4 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

1.11%of revenue went to mission work3.3% of expenses · Program services

$33.43spent for every $100 of revenueRevenue covered expenses this year.

32.32%of revenue went to management and office costs96.7% of expenses

$81.17in assets for every $1 spent this yearSome assets cannot be spent right away.

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Money

Financial picture

Tax year 2020

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$53,495

Mission workProgram services$5951.11% of revenue3.3% of expenses

ManagementOffice and general costs$17,28732.32% of revenue96.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$35,61366.57% of revenueShown in gray on the chart

Total expenses$17,88233.43% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Pause before giving. This filing reports that 0.0% of spending went to fundraising and 3.3% went to mission work. Ask the charity to explain these numbers and show recent results.

Money in and money out

Revenue$53,495

Expenses$17,882

Annual surplus $35,613 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$595 · 3.3% of expenses

Management and office costs$17,287 · 96.7% of expenses

See all reported dollar amounts

Revenue$53,495

Expenses$17,882

Assets$1,451,551

Income$53,495

Mission work (program services)$595

Management and general$17,287

Stocks and bonds$1,426,776

Investing fees$17,287

People

Leadership and board

Tax year 2020

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (4)

CHRISTOPHER CULLENVICE PRESIDENT OF THE FOUNDATION

JOSEPH KOTERSKIPRESIDENT OF THE FOUNDATION

JOSEPH LIENHARDTRUSTEE

THOMAS REGANTRUSTEE

About this charity

Location: 441 East Fordham Road, Bronx, NY 10458
County: Bronx
In care of: Joseph Koterski
Primary officer: Joseph Koterski, President

How to reach them

Phone(718) 817-3291

Filing and classification

Latest tax year: 2020
Tax period began: January 1, 2020
Return type: 990
NTEE classification: Education N.E.C. (B99)
IRS tax category: Education N.E.C.
Revocation date: May 15, 2024