Date: 9/23/2022
Subject: 2022 Impact YTD
Dear Stakeholders:
We are writing today to express the gratitude of the entire PHXMF team for your involvement as donors, volunteers, contributors, and supporting musicians. We had a great start in 2021 and now we continue to run hard towards our vision in 2022.
Preserving Hometown Experiences Music Fund is a 501(c)(3) organization that provides musicians with financial assistance during challenging times. This allows musicians, their crew and all segments of the live music experience to stay alive and thrive. The joy and unity that musicians uniquely create help define our communities. Through generous contributions, we can do our part to help the vibe stay alive.
So far this year, we have accomplished the following through our 2022 events:
1. Garden Party Impact
Income From Event – Chateau Garden Party Youth Program Kick-off
Net Income - $3838
Scholarship Planned to “School of Rock” or similar organization- $4800 (125% of Chateau Net Income) 4 – 6 month awards at different locations around the valley –
$962 Balance covered from 2021 Donation Sources and Previous Event Revenue (Disc Golf, Strums and Strokes, Acoustic Trio, Yoga In The Park, Moondance with the Moondoggers)
2. Peoria 2nd Saturdays Impact
8 events - $2900 Grant as Income
Program Costs – Bands $4,000
Marketing $ 400
Other Admin Exp.$ 200
$1,700 balance paid from other Donation Sources and Previous Event Revenue (Disc Golf, Strums and Strokes, Acoustic Trio, Yoga In The Park, Moondance with the Moondoggers)
This program benefitted 42 musicians impacted 5 communities of the valley.
3. Recent Large Art Donation
PHXMF has once again negotiated a donation of a significant amount of large artwork from an institution in the Bay Area. We are in the process of having this donation valued and determining the optimal way to convert to cash to add to our youth program.
Our organization is dedicated to continuing our efforts toward our mission and vision goals. We are planning upcoming events for the fall of 2022. Stay tuned for upcoming announcements.
Best Regards,
Rob Adams Marianne Sword
Executive Director, PHXMF Board Chair, PHXMF
