The Staten Island Foundation
- Assets
- $81.5m
- Revenue
- $2.4m
- Investments
- $80.3m
- Employees
- 0
- Location
- Staten Island, NY
- Founding
- 04/1999
- Data as of
- 06/2023
- EIN
- 13-3993115
Organization Overview
The Staten Island Foundation is located in Staten Island, NY. The organization was established in 1999. 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. Staten Island 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 06/2023, Staten Island Foundation generated $2.4m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $3.8m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Staten Island Foundation has awarded 436 individual grants totaling $18,695,618. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathryn Krause Rooney Chair | 3 | $0 | |
Alfred C Cerullo III Vice Chair | 3 | $0 | |
Lenore F Puleo Treasurer | 3 | $0 | |
Jill O'donnell-Tormey PHD Secretary | 3 | $0 | |
Suzanne Stirn Ainslie Director | 1 | $0 | |
Dr Phyllis Cureton Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Neuberger Berman | 6/29/23 | $222,173 |
Vanguard | 6/29/23 | $54,397 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $259,217 |
| Dividends & Interest | $1,585,425 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $550,004 |
| Capital Gain Net Income | $550,004 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $997 |
| Total Revenue | $2,395,643 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $151,474 |
| Other employee salaries and wages | $148,278 |
| Pension plans, employee benefits | $62,400 |
| Interest | $0 |
| Taxes | $29,891 |
| Depreciation | $0 |
| Occupancy | $96,000 |
| Travel, conferences, and meetings | $1,209 |
| Printing and publications | $1,498 |
| Other expenses | $34,059 |
| Total operating and administrative expenses | $865,289 |
| Contributions, gifts, grants paid | $2,958,695 |
| Total expenses and disbursements | $3,823,984 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,152,659 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $38,769 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $77,009 |
| Total assets | $81,513,795 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Staten Island Foundation has awarded $5,140,195 in support to 111 organizations.
| Grant Recipient | Amount |
|---|---|
AIRWAY REVOLUTION FOUNDATION INC PURPOSE: DIRECTOR/EMPLOYEE MATCHING GIFT | $250 |
AFRICAN REFUGE INC PURPOSE: STAFFING AND ADMINISTRATIVE SUPPORT FOR YOUTH OPPORTUNITY AND YOUNG ENTREPRENEUR PROGRAMS | $70,000 |
ALVIN AILEY DANCE FOUNDATION INC PURPOSE: TO HOST AILEYDANCE KIDS RESIDENCIES IN 4 TITLE 1 SCHOOL | $60,000 |
BROTHERS CARE INC PURPOSE: FOR FOOD, SUPPLIES, AND CLOTHING TO BE DISTRIBUTED AT MONTHLY EVENTS IN 2023 | $5,000 |
CANDID (THE FOUNDATION CENTER) PURPOSE: TO STRENGTHEN UNDER-RESOURCED STATEN ISLAND NONPROFITS AND ADVANCE KNOWLEDGE ABOUT PHILANTHROPY | $5,000 |
CANVAS INSTITUTE PURPOSE: TO PROVIDE SOCIAL-EMOTIONAL DEVELOPMENT TRAININGS FOR STUDENTS AT THREE SCHOOLS | $50,000 |