Stephen Siller Tunnel To Towers Foundation
- Assets
- $431.5m
- Revenue
- $373.0m
- Investments
- $1.0m
- Employees
- 283
- Location
- Staten Island, NY
- Founding
- 02/2003
- Data as of
- 12/2023
- EIN
- 02-0554654
Organization Overview
Stephen Siller Tunnel To Towers Foundation is located in Staten Island, NY. The organization was established in 2003. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2023, Stephen Siller Tunnel To Towers Foundation employed 283 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stephen Siller Tunnel To Towers Foundation 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 12/2023, Stephen Siller Tunnel To Towers Foundation generated $373.0m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 46.9% each year . All expenses for the organization totaled $272.2m during the year ending 12/2023. While expenses have increased by 41.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Stephen Siller Tunnel To Towers Foundation has awarded 160 individual grants totaling $104,431,222. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE STEPHEN SILLER TUNNEL TO TOWERS FOUNDATION IS TO HONOR THE SACRIFICE OF FDNY FIREFIGHTER STEPHEN SILLER, AND ALL THOSE WHO LAID DOWN THEIR LIVES TO SAVE OTHERS ON SEPTEMBER 11, 2001. WE ALSO HONOR OUR MILITARY, AND FIRST RESPONDERS WHO CONTINUE TO MAKE THE SUPREME SACRIFICE OF LIFE AND LIMB FOR OUR COUNTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN THE LINE OF DUTY PROGRAMS: 1) SMART HOME PROGRAM: THIS PROGRAM CONSTRUCTS CUSTOM, SPECIALLY ADAPTED SMART HOMES FOR CATASTROPHICALLY INJURED SERVICE MEMBERS AND FIRST RESPONDERS TO RESTORE THEIR ABILITY TO LIVE A LIFE OF INDEPENDENCE. 2) FALLEN FIRST RESPONDER HOME PROGRAM: THE FOUNDATION PROVIDES MORTGAGE FREE HOMES TO FAMILIES WITH YOUNG CHILDREN LEFT BEHIND WHEN A FIREFIGHTER OR POLICE OFFICER IS KILLED IN THE LINE OF DUTY. 3) GOLD STAR HOME PROGRAM: THE FOUNDATION PROVIDES MORTGAGE FREE HOMES TO FAMILIES WITH YOUNG CHILDREN WHEN A SERVICE MEMBER DIES IN THE LINE OF DUTY. 4) HOMELESS VETERANS PROGRAM - THE FOUNDATION IS COMMITTED TO HONORING THE SACRIFICE OF AMERICAN SERVICE MEMBERS AND HELPING END HOMELESSNESS AMONGST THE VETERAN COMMUNITY. PROVIDING A SAFE AND DIGNIFIED RESIDENCE IS AN INTEGRAL PART OF HELPING VETERANS WHO ARE HOMELESS RECLAIM THEIR LIVES. VETERANS IN THIS PROGRAM RECEIVE THE SUPPORT THEY NEED TO HELP THEM ADDRESS ANY OBSTACLES TO LIVING A MORE INDEPENDENT LIFE. IN ADDITION TO DELIVERING HOUSING, WE PROVIDE COMPREHENSIVE CARE THROUGH OUR NATIONAL CASE MANAGEMENT TEAM BY CONNECTING VETERANS WHO HAVE ADDITIONAL NEEDS WITH MENTAL HEALTH COUNSELING, ADDICTION SERVICES, SKILLS TRAINING AND JOB PLACEMENT.
NEVER FORGET PROGRAMS: 1)NATIONAL TUNNEL TO TOWERS RUNS AND STAIR CLIMB SERIES: THE NEW YORK CITY 5K RUN AND TOWER CLIMB AS WELL AS THE NATIONAL RUNS AND CLIMBS ARE MEMORIAL EVENTS HELD IN HONOR OF STEPHEN SILLER (FDNY), AND ALL WHO PERISHED ON 9/11, AS WELL AS FIRST RESPONDERS AND MILITARY WHO CONTINUE TO PUT THEIR LIVES ON THE LINE TO SERVE AND PROTECT OUR NATION. THE FOUNDATION HAS ESTABLISHED THESE MEMORIAL EVENTS TO ENSURE WE NEVER FORGET 2) TUNNEL TO TOWERS 9/11 INSTITUTE: THIS IS OUR SEPTEMBER 11, 2001 EDUCATION PROGRAM. THE FOUNDATION HAS DEVELOPED A CURRICULUM FOR GRADES K- 12 THAT CAN BE ACCESSED BY TEACHERS THROUGHOUT THE NATION TO EDUCATE CHILDREN ABOUT THE HISTORY OF 9/11. THE PROGRAM ALSO INCLUDES A MOBILE EXHIBIT, WHICH SERVES TO EDUCATE AND PAY TRIBUTE TO THE SACRIFICES MADE ON SEPTEMBER 11, 2001. 3) WINGS OF A HERO: TO HELP LOCAL COMMUNITY CHILDREN IN NEED WHO HAVE LOST A PARENT BY PROVIDING ASSISTANCE FOR SCHOOL, COUNSELING OR OTHER NEEDS. 4)LEGACY AWARDS: TO ASSIST FAMILIES OF MILITARY OR FIRST RESPONDERS AND OTHER CASES WHERE THERE IS IMMEDIATE SPECIAL FINANCIAL NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Siller President Ch | OfficerTrustee | 50 | $0 |
George Siller Vice Chair | OfficerTrustee | 5 | $0 |
Janis Hannan Vice Chair | OfficerTrustee | 5 | $0 |
Mary Scullin Treasurer An | OfficerTrustee | 30 | $0 |
Regina Vogt Secretary | OfficerTrustee | 5 | $0 |
Commissioner Salvatore Cassano Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
New River Communications Inc Direct Response | 12/30/23 | $18,732,616 |
Marathon Sportswear Contractors | 12/30/23 | $5,031,580 |
Rwt Production Llc Direct Response | 12/30/23 | $4,650,909 |
All American General Contractors Llc Contractors | 12/30/23 | $4,041,274 |
Vera Data Direct Response | 12/30/23 | $3,526,266 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $359,387,269 |
| Noncash contributions included in lines 1a–1f | $6,092,484 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $359,387,269 |
| Total Program Service Revenue | $7,240,248 |
| Investment income | $5,398,787 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $57,517 |
| Net Gain/Loss on Asset Sales | -$263,057 |
| Net Income from Fundraising Events | $1,147,101 |
| Net Income from Gaming Activities | $35,627 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $373,003,492 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,928,368 |
| Grants and other assistance to domestic individuals. | $125,681,349 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,884,790 |
| Pension plan accruals and contributions | $434,847 |
| Other employee benefits | $2,144,396 |
| Payroll taxes | $1,511,299 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $622,681 |
| Fees for services: Accounting | $74,665 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $301,039 |
| Fees for services: Other | $1,114,346 |
| Advertising and promotion | $35,609,185 |
| Office expenses | $2,330,332 |
| Information technology | $989,460 |
| Royalties | $0 |
| Occupancy | $133,768 |
| Travel | $2,843,628 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $262,226 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $540,532 |
| Insurance | $622,732 |
| All other expenses | $6,418,729 |
| Total functional expenses | $272,204,056 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $265,315,024 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $14,016,453 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,759,229 |
| Net Land, buildings, and equipment | $94,623,832 |
| Investments—publicly traded securities | $52,148,145 |
| Investments—other securities | $1,049,778 |
| Investments—program-related | $0 |
| Intangible assets | $59,531 |
| Other assets | $1,564,226 |
| Total assets | $431,536,218 |
| Accounts payable and accrued expenses | $8,473,524 |
| Grants payable | $86,446,457 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $18,743,988 |
| Total liabilities | $113,663,969 |
| Net assets without donor restrictions | $313,661,273 |
| Net assets with donor restrictions | $4,210,976 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $431,536,218 |
Grants Awarded
Over the last fiscal year, Stephen Siller Tunnel To Towers Foundation has awarded $11,858,368 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
AMAZING GRACE INTERFAITH MINISTRY PURPOSE: SUPPORT | $25,000 |
FALLEN AND WOUNDER SOLDIER FUND INC PURPOSE: SOLDIER SUPPORT | $146,888 |
FDNY FOUNDATION PURPOSE: SUPPORT | $20,000 |
JAR OF HOPE PURPOSE: SUPPORT | $10,000 |
JOSEPH LEMM MEMORIAL FOUNDATION PURPOSE: SUPPORT | $7,500 |
LUPUS RESEARCH ALLIANCE PURPOSE: RESEARCH SUPPORT | $25,000 |