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ISLANDERS CHILDREN'S FOUNDATION INC

FLORAL PARK, NY · EIN 061671668 · Form 990 · FY2024 · NTEE T30 · Philanthropy & Grantmaking · Medium ($1M-$10M)
revenue
$1.4M
expenses
$1.2M
net assets
$2.1M
employees
0
volunteers
690
program ratio
95%
mission · from form 990

THE ISLANDERS' CHILDREN'S FOUNDATION IS DEDICATED TO SERVING LOCAL COMMUNITIES NOW AND IN THE FUTURE. THE FOUNDATION IS COMMITTED TO SUPPORTING, EDUCATING AND DEVELOPING AREA YOUTH WHILE INVESTING IN METRO NEW YORK'S FAMILIES AND COMMUNITY WELLBEING. THE ICF FOCUSES ON SUPPORTING NONPROFIT ORGANIZATIONS THAT SHARE ITS COMMON MISSION AND DEVELOPING PROGRAMS THAT WILL CREATE A LASTING LEGACY FOR YEARS TO COME.

profile · synthesized from sources

The Islanders' Children's Foundation supports youth in Metro New York through grants to nonprofits and direct programs focused on community wellbeing. It invests in youth hockey development, provides backpacks and meals for families in need, and supports children in hospitals and military families. The foundation operates as a grantmaking entity while also running targeted initiatives to serve local communities.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $228K
    GROW THE GAME/HOCKEY YOUTH INVESTMENT: ONE OF THE FOUNDATION'S LARGEST ACCOMPLISHMENTS IS ITS COMMITMENT TO GROWING THE GAME OF HOCKEY THROUGH TARGETED INVESTMENTS IN YOUTH PROGRAMS. BY ENHANCING LOCAL COMMUNITY INFRASTRUCTURE, THE FOUNDATION HAS HELPED BUILD RINKS, IMPROVE FACILITIES, AND PROVIDE RESOURCES THAT MAKE THE SPORT MORE ACCESSIBLE. ADDITIONALLY, INITIATIVES SUPPORTING UNDERREPRESENTED GROUPS HAVE BEEN IMPLEMENTED TO ENSURE THAT ALL YOUTH, REGARDLESS OF BACKGROUND, HAVE THE OPPORTUNITY TO PARTICIPATE IN HOCKEY. THESE EFFORTS NOT ONLY PROMOTE INCLUSIVITY BUT ALSO FOSTER A LOVE FOR THE GAME, ENSURING ITS FUTURE GROWTH AND SUSTAINABILITY. THE ISLANDERS CHILDREN'S FOUNDATION IS DEDICATED TO ENHANCING COMMUNITY SUPPORT THROUGH A RANGE OF IMPACTFUL INITIATIVES. THE FOUNDATION ACTIVELY ASSISTS YOUTH IN LOCAL HOSPITALS BY PROVIDING THOUGHTFUL GIFTS THAT BRIGHTEN THEIR SPIRITS DURING CHALLENGING TIMES. TO PREPARE STUDENTS FOR SUCCESS, IT ORGANIZES A BACKPACK DISTRIBUTION EVENT, ENSURING THEY HAVE THE NECESSARY SUPPLIES FOR THE UPCOMING SCHOOL YEAR. DURING THE HOLIDAY SEASON, THE FOUNDATION HELPS FAMILIES IN NEED BY PROVIDING NUTRITIOUS MEALS, FOSTERING A SENSE OF COMMUNITY AND CARE. ADDITIONALLY, IT ENGAGES AND SUPPORTS FIRST RESPONDERS AND MILITARY MEMBERS, ALONG WITH THEIR FAMILIES, RECOGNIZING THEIR VITAL CONTRIBUTIONS AND ENSURING THEY FEEL VALUED AND CONNECTED. THROUGH THESE EFFORTS, THE FOUNDATION EXEMPLIFIES ITS COMMITMENT TO MAKING A MEANINGFUL DIFFERENCE IN THE LIVES OF THOSE IT SERVES.
named programs · 5 · from sources

What they call their work

Backpack Distribution Event
Provides backpacks with school supplies to students in need to prepare them for the upcoming school year.
Grow the Game/Hockey Youth Investment
Invests in youth hockey by building rinks, improving facilities, and providing resources to make hockey more accessible, with initiatives targeting underrepresented groups.
Holiday Meal Support
Distributes nutritious meals to families in need during the holiday season.
Support for Children in Hospitals
Provides thoughtful gifts to children in hospitals to brighten their spirits during difficult times.
Support for First Responders and Military Families
Recognizes and supports first responders and military members, along with their families, through engagement and assistance programs.
activities · 6 groups

What they do

  • Youth Sports Access and Equipment Support 3 activities
    • Investing in youth hockey programs through facility development
      Builds and improves community ice rinks and facilities to increase access to youth hockey programs.
    • Providing sports opportunities and equipment to underprivileged children
      Directly provides sports and recreational opportunities, including equipment, to underprivileged children in the community.
    • Supporting underrepresented youth in hockey participation
      Implements initiatives to expand access to hockey programs for underrepresented youth groups.
  • Therapeutic Comfort Kits and Room Makeovers 1 activity
    • Distributing gifts to youth in hospitals
      Provides gifts to children in local hospitals to support their emotional well-being during medical treatment.
  • Summer Camp Access Scholarships 1 activity
    • Funding children’s sports, music, and recreational programs
      Awards direct financial support to recognized charities that operate sports, music, and recreational programs for children.
  • Back-to-School Supply Distribution 1 activity
    • Organizing backpack and school supply distributions
      Hosts backpack distribution events to provide school supplies to students at the start of the academic year.
  • Holiday and Seasonal Essentials Distribution 1 activity
    • Providing holiday meals to families in need
      Delivers nutritious holiday meals to families in need across Metro New York.
  • Community Service and Charitable Outreach 1 activity
    • Supporting first responders, military members, and their families
      Engages in direct support activities to recognize and strengthen community connections with first responders, military personnel, and their families.
financials · form 990 · fy2024
revenue
Total revenue$1.44M
Contributions & grants$862K60%
Program service revenue$00%
Investment income$48K3%
Other revenue$527K
expenses
Total expenses$1.19M
Program expenses95%
Admin / overhead1%
Fundraising5%
Salaries & benefits$0
Grants paid out$897K
Largest expense lineFacilities
balance sheet
Total assets$2.36M
Cash$1.95M
Investments$0
Liabilities$277K
Net assets$2.08M
Liquid reserves19.7 mo
4 years on record · 2020–2024 · YoY revenue -25.2%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 5
NameTitleHours/wkCompensation
ZACH KLEIN GENERAL COUNSEL 2 $600K
FRANK ROMANO ASSISTANT TREASURER 2 $304K
ANN RINA EXECUTIVE DIRECTOR 20 $168K
CHRIS VARDARO DIRECTOR OF FINANCE 4 $149K
CONNOR PASETTI ACCOUNTING MANAGER 4 $107K
board members · 5
  • CATHY MCNAMARA — DIRECTOR
  • JON LEDECKY — DIRECTOR
  • LOUIS LAMORIELLO — DIRECTOR
  • RACHEL COHEN — DIRECTOR
  • TODD LEVY — DIRECTOR
strategies · 2

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.

  • Capacity-Building Grantmaking for Community Impact
    methodology: capacity_building_grantmaking
    By providing grants to nonprofits with aligned missions, the foundation strengthens organizational capacity and supports the development of sustainable youth and community programs, because resilient local organizations are better positioned to create lasting change in Metro New York.
  • Youth Development Through Sports Investment
    methodology: youth_development_through_sports
    By investing in youth hockey programs, the foundation increases sport participation and community engagement among young people, because structured athletic opportunities foster personal development, belonging, and long-term involvement in healthy activities.