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SUNSHINE FOUNDATION

WOODBURY, NY · EIN 566615926 · Form 990PF · FY2024 · NTEE T90 · Philanthropy & Grantmaking · Medium ($1M-$10M)
revenue
$3.1M
expenses
$567K
net assets
$33.7M
employees
profile · synthesized from sources

SUNSHINE FOUNDATION is a private foundation based in New York that provides grants to nonprofit organizations addressing food insecurity and essential human needs. In 2024, it funded programs including food distribution, meals on wheels, and mental health services across the New York metropolitan area. The foundation supports a range of social service providers, primarily focused on feeding programs and basic needs.

named programs · 3 · from sources

What they call their work

Essential Needs Grantmaking
Provides funding for basic needs services including hygiene, housing support, and emergency aid through General Needs Ltd and Urban Pathways
Food and Feeding Programs Grantmaking
Funds partner organizations that provide food distribution, emergency meals, and nutrition services to food-insecure populations in New York
Mental Health Programs Grantmaking
Supports mental health services through grants to organizations like Mid-Island Y JCC on Staten Island
activities · 2 groups

What they do

  • Charitable Grantmaking to Specific Causes 2 activities
    • Funding essential needs programs
      Funds essential needs programs through grants to nonprofit organizations.
    • Funding food and feeding programs
      Funds food and feeding programs through grants to nonprofit organizations.
  • Mental Health Research and Services Funding 1 activity
    • Funding mental health programs and services
      Funds mental health programs and services through grants to nonprofit organizations.
financials · form 990PF · fy2024
revenue
Total revenue$3.07M
Contributions & grants$1.77M58%
Program service revenue
Investment income$1.62M53%
Other revenue$-324K
expenses
Total expenses$567K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$294K
Grants paid out$3.19M
balance sheet
Total assets$33.75M
Cash
Investments
Liabilities
Net assets$33.74M
3 years on record · 2020–2024 · YoY revenue -72.2%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
STACY PARSELL EXECUTIVE DIRECTOR, PHILANTHROPY 35 $168K
EUGENE SHALIK TRUSTEE 20 $140K
relationships · 12

Who they work with

  • CAMPAIGN AGAINST HUNGER Partner — Recipient of $50,000 grant for food and feeding programs
  • CITY HARVEST Partner — Recipient of $142,500 grant for food and feeding programs
  • CITY MEALS ON WHEELS Partner — Recipient of $57,500 grant for food and feeding programs
  • DOROT Partner — Recipient of $80,000 grant for food and feeding programs
  • FEEDING WESTCHESTER Partner — Recipient of $75,000 grant for food and feeding programs
  • FOOD BANK FOR NYC Partner — Recipient of $237,500 grant for food and feeding programs
  • GENERAL NEEDS LTD Partner — Recipient of $50,000 grant for essential needs
  • GODS LOVE WE DELIVER Partner — Recipient of $70,000 grant for food and feeding programs
  • ISLAND HARVEST Partner — Recipient of $489,000 grant for food and feeding programs
  • METROPOLITAN COORDINATING COUNCIL ON JEWISH POVERTY Partner — Recipient of $58,000 grant for food and feeding programs
  • MID-ISLAND Y JCC Partner — Recipient of $52,000 grant for mental health programs and services
  • URBAN PATHWAYS Partner — Recipient of $50,000 grant for essential needs
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Grantmaking for Basic Needs
    methodology: grantmaking_for_basic_needs
    By funding nonprofit organizations that operate food and feeding programs, we increase access to food for vulnerable populations, because direct financial support enables service providers to scale and sustain critical food security activities.