Richmond County Savings Foundation

Organization Overview

Richmond County Savings Foundation is located in Staten Island, NY. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richmond County Savings 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 12/2021, Richmond County Savings Foundation generated $3.8m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $5.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Richmond County Savings Foundation has awarded 272 individual grants totaling $6,126,340. 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $8,221
Dividends & Interest $3,175,821
Net Rental Income$0
Net Gain on Sale of Assets $603,970
Capital Gain Net Income $603,970
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $3,788,012

Grants Awarded

Over the last fiscal year, Richmond County Savings Foundation has awarded $4,747,458 in support to 140 organizations.

Grant RecipientAmount

BAY CAMPUS TRANSFORMATION FOUNDATION

PURPOSE: RENOVATION TO MOTHER/BABY/NICU UNIT

$992,854

STATEN ISLAND UNIVERSITY HOSPITAL

PURPOSE: STATEN ISLAND UNIVERSITY HOSPITAL'S PRINCES BAY CAMPUS TRANSFORMATION

$992,854

STATEN ISLAND UNIVERSITY HOSPITAL

PURPOSE: STATEN ISLAND UNIVERSITY HOSPITAL'S PRINCES BAY CAMPUS TRANSFORMATION

$500,000

RICHMOND UNIVERSITY MEDICAL CENTER FOUNDATION

PURPOSE: RENOVATION TO MOTHER/BABY/NICU UNIT

$500,000

PROJECT HOSPITALITY

Org PageRecipient Profile

Staten Island, NY

PURPOSE: PH FOOD PANTRY AND SOUP KITCHEN RELOCATION AND EXPANSION

$200,000

QUEENS LIBRARY FOUNDATION

Org PageRecipient Profile

Jamaica, NY

PURPOSE: QUEEN'S PUBLIC LIBRARY'S JOB & BUSINESS ACADEMY

$100,000
View Grant Profile

Peer Organizations

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