Greyston Foundation Inc

Organization Overview

Greyston Foundation Inc is located in Yonkers, NY. The organization was established in 1993. 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. As of 12/2023, Greyston Foundation Inc employed 73 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greyston Foundation Inc 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, Greyston Foundation Inc generated $3.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $4.5m during the year ending 12/2023. While expenses have increased by 8.9% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GREYSTON UNLOCKS THE POWER OF HUMAN POTENTIAL THROUGH INCLUSIVE EMPLOYMENT, ONE PERSON AT A TIME. WE ARE LEADING THE EFFORT TO DEVELOP EFFECTIVE SOLUTIONS THAT ADDRESS THE UNDERLYING CAUSES OF EMPLOYMENT CHALLENGES THROUGH OUR NEW GREYSTON EMPLOYMENT OPPORTUNITY CENTER (GEOC). THE GEOC PROVIDES SERVICES IN FOUR AREAS: INCLUSIVE HIRING SERVICES, TRANSITIONAL EMPLOYMENT, WORKFORCE DEVELOPMENT, AND PROGRAMS FOR YOUNG ADULTS. INCLUSIVE HIRING SERVICESGREYSTON PROVIDES SUPPORT TO BUSINESSES IN ADOPTING INCLUSIVE HIRING PRACTICES THROUGH MENTORING, AN E-LEARNING PORTAL, DATA COLLECTION, AND RECRUITMENT. THESE PROGRAMS ARE DEDICATED TO THE REPLICATION OF GREYSTON'S OPEN HIRING MODEL AND/OR VARIATIONS THEREOF. OUR INCLUSIVE HIRING SERVICES HAVE REALIZED 1,350 NEW JOBS SINCE INCEPTION. INCLUSIVE HIRING HAS BEEN SHOWN TO: REDUCE TIME-TO-HIRE BY 80%, REDUCE HIRING COSTS UP TO 93%, INCREASE POSITIVE PERCEPTION OF WORK CULTURE AND TRUST IN EMPLOYER, AND GENERATE POSITIVE ECONOMIC IMPACT DIRECTLY TO THE LOCAL COMMUNITY.TRANSITIONAL EMPLOYMENTGREYSTON PROVIDE RE-ENTRY SERVICES FOR JUSTICE-INVOLVED INDIVIDUALS, GIVING THEM AN OPPORTUNITY TO REENTER SOCIETY WITH DIGNITY. GREYSTON SERVES AN AVERAGE OF 75 RECENTLY RELEASED CITIZENS ANNUALLY THROUGH OUR APPRENTICESHIP PROGRAMS. THROUGH THESE SERVICES, THE RECIDIVISM RATE AMONG PROGRAM PARTICIPANTS IS 4.2%, COMPARED TO A NATIONAL RATE OF 44%.WORKFORCE DEVELOPMENTGREYSTON PROVIDES INDUSTRY-RECOGNIZED CERTIFICATION, OCCUPATIONAL TRAINING, AND EDUCATION PROGRAMS IN HIGH-DEMAND SECTORS SUCH AS IT, HEALTHCARE, BUSINESS, CONSTRUCTION, SECURITY, AND HOSPITALITY. STUDENTS EARN AN AVERAGE OF 24% ABOVE THE MINIMUM WAGE IN NEW YORK STATE. IN 2022, GREYSTON SERVED INDIVIDUALS WHO COMPLETED WORKFORCE TRAINING. GREYSTON PROVIDED CASE MANAGEMENT SERVICES TO OVER 100 INDIVIDUALS IN 2022. MORE THAN TWO-THIRDS OF CASE MANAGEMENT CLIENTS RECEIVED 2 OR MORE SERVICES.PROGRAMS FOR YOUNG ADULTSGREYSON PROVIDES INTERPERSONAL AND OCCUPATIONAL TRAINING PROGRAMS PAIRED WITH COMPREHENSIVE CASE MANAGEMENT TO YOUNG ADULTS. UPON COMPLETION OF TRAINING, CLIENTS ARE CONNECTED TO INTERNSHIPS, APPRENTICESHIPS, AND/OR JOB PLACEMENT IN ADDITION TO A FULL YEAR OF WRAPAROUND SOCIAL SERVICES. GREYSTON HAS SERVED 248 INDIVIDUALS SERVED SINCE THE PROGRAM'S INCEPTION, 187 PARTICIPANTS RECEIVED NATIONALLY ACCREDITED JOB SKILLS TRAINING, AND 136 GRADUATES PLACED IN FULL-TIME POSITIONS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Joseph D Kenner
President & CEO
$314,584
Andrew Yearley
Chair
$0
Jo Sauer
Secretary
$0
Ty Hookway
Treasurer
$0
Justin Arest
Director
$0
Aileen Burdick
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Act Inc
Consulting & Training Services
$242,608
Creative Financial Staffing Llc
Staffing Agency
$255,679
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$1,000,000
Government grants $642,909
All other contributions, gifts, grants, and similar amounts not included above$482,645
Noncash contributions included in lines 1a–1f $83,290
Total Revenue from Contributions, Gifts, Grants & Similar$2,125,554
Total Program Service Revenue$943,166
Investment income $125
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,071,646

Peer Organizations

Organization NameAssets
Carmel Hill Fund
New York, NY
$52,940,362
Ronald S Lauder Foundation
New York, NY
$11,404,418
Thomas L Kempner Jr Foundation Inc
Southampton, NY
$4,170,879
Connelly Foundation
West Conshohocken, PA
$27,891,431
John Simon Guggenhein Memorial Foundation
New York, NY
$18,493,825
Samuel I Newhouse Foundation Inc
New York, NY
$16,985,943
Perelman Family Charitable Tr I
Garden City, NY
$9,110,635
Florence Gould Foundation
New York, NY
-$3,240,432
Weill Family Foundation
Albany, NY
$8,335,073
Claude Worthington Benedum Foundation
Pittsburgh, PA
$5,453,349
Grable Foundation
Pittsburgh, PA
$9,531,881
Eastern Bank Charitable Foundation
Lynn, MA
$22,964,256
John R Oishei Foundation
Buffalo, NY
$15,989,814
Altman Foundation
New York, NY
$12,171,056
James And Merryl Tisch Foundation Inc
New York, NY
$20,482,479
Van Beuren Charitable Foundation Inc
New York, NY
$19,913,246
The Thompson Family Foundation Inc
New York, NY
$10,525,175
The Selz Foundation
New York, NY
$28,347,823
John And Mary R Markle Foundation
New York, NY
$13,071,766
Henry M Rowan Family Foundation Inc
Rancocas, NJ
$41,696,697
F M Kirby Foundation Inc
Morristown, NJ
$22,400,451
Alice M And Thomas J Tisch Foundation Inc
New York, NY
$21,993,699
Russell Sage Foundation
New York, NY
$12,817,899
Unbound Philanthropy
New York, NY
$7,349,099
Nick Simons Foundation
New York, NY
$12,723,775

Create an account to unlock the data you need.

or