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THE STATEN ISLAND FOUNDATION

STATEN ISLAND, NY · EIN 133993115 · Form 990PF · FY2024 · NTEE T20 · Philanthropy & Grantmaking · Medium ($1M-$10M)
revenue
$4.9M
expenses
$1.0M
net assets
$95.4M
employees
profile · synthesized from sources

The Staten Island Foundation is a grantmaking organization based in Staten Island, NY, focused on supporting community initiatives in health, education, social services, and cultural preservation. It provides significant funding to local nonprofits, with a focus on capital improvements, program development, and capacity building. The foundation operates as a philanthropic intermediary, primarily serving the Staten Island community through strategic grants.

named programs · 4 · from sources

What they call their work

Food Truck Program
Grants support staff expenses for a new food truck program operated by The Grace Foundation of New York
SideWALK to STAGE
Funded initiative at the St. George Theatre to redesign front steps and install ADA-compliant seating to improve accessibility
Spelling to Communicate
Supports Crimsonrise Inc. in acquiring and renovating a building for use by participants in the 'Spelling to Communicate' program and related training
Staten Island Alliance for North Shore Children and Families
Supports early childhood development and family services through grants to CUNY and the New York Early Childhood Professional Development Institute
activities · 8 groups

What they do

  • Capital Infrastructure Funding 4 activities
    • Funding archival infrastructure for disability services organization
      Funds The Arc New York to purchase shelving and archival supplies.
    • Funding building acquisition and renovation for communication and training programs
      Funds Crimsonrise Inc to acquire and renovate a building for use by 'Spelling to Communicate' participants and related training programs.
    • Funding facility acquisition and renovation for meal delivery services
      Funds Meals on Wheels of Staten Island Inc to cover closing costs and loan interest associated with purchasing and renovating a facility.
    • Funding theater accessibility and infrastructure upgrades
      Funds St George Theatre Restoration Inc to redesign front steps, install carpeting, and add 250 ADA-compliant seats through an employee matching gift program.
  • Workplace and Affiliate Giving Programs 1 activity
    • Funding arts and sciences institutional capacity building
      Funds the Staten Island Institute of Arts and Sciences for external consultants, wealth screening software, marketing materials, and staff time, including through an employee matching gift program.
  • Hospital and Medical Center Support 1 activity
    • Funding capital improvements for medical facilities
      Funds the Richmond University Medical Center Foundation to acquire equipment and improve the biplane cardiac cath lab.
  • University-Specific Endowment and Program Funding 1 activity
    • Funding early childhood and family support initiatives
      Funds the Research Foundation of the City University of New York and the New York Early Childhood Professional Development Institute for the SI Alliance for North Shore Children and Families initiative.
  • General Operating Support Grants 1 activity
    • Funding food truck program staff expenses
      Funds The Grace Foundation of New York to support staff expenses for a new food truck program.
  • Historic Preservation Support Grants 1 activity
    • Funding museum curation position restoration
      Funds the Staten Island Historical Society to support the restored museum curator position.
  • Jewish Life and Security Support 1 activity
    • Funding social work and employment barrier reduction services
      Funds the Jewish Community Center of Staten Island to employ social workers and assist individuals in overcoming barriers to employment.
  • Summer Camp Access Scholarships 1 activity
    • Funding youth development career exploration programs
      Funds PAL to support professional career exploration programs for youth development.
financials · form 990PF · fy2024
revenue
Total revenue$4.85M
Contributions & grants
Program service revenue
Investment income$2.18M45%
Other revenue$2.62M
expenses
Total expenses$1.04M
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$178K
Grants paid out$3.53M
balance sheet
Total assets$95.39M
Cash
Investments
Liabilities
Net assets$95.39M
4 years on record · 2020–2024 · YoY revenue +19.3%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
LAURA JEAN WATTERS EXECUTIVE DIRECTOR 40 $182K
board members · 6
  • ALFRED C CERULLO III — VICE CHAIR
  • ALICE B DIAMOND — DIRECTOR
  • DANIEL L MASTER JR — DIRECTOR
  • DOLORES N MORRIS — DIRECTOR
  • KATHRYN KRAUSE ROONEY — CHAIR
  • SUZANNE STIRN AINSLIE — DIRECTOR
relationships · 12

Who they work with

  • CRIMSONRISE INC Partner — Recipient of a $110,000 grant for building acquisition and renovation for 'Spelling to Communicate' programs.
  • JEWISH COMMUNITY CENTER OF STATEN ISLAND Partner — Recipient of a $76,500 grant to fund social workers and support employment barrier reduction.
  • MEALS ON WHEELS OF STATEN ISLAND INC Partner — Recipient of a $200,000 grant for closing costs and loan interest related to site purchase and renovation.
  • NEW YORK EARLY CHILDHOOD PROFESSIONAL DEVELOPMENT INSTITUTE Partner — Recipient of a $175,000 grant for the SI Alliance for North Shore Children and Families initiative.
  • PAL Partner — Recipient of a $100,000 grant for youth development and career exploration programs.
  • RESEARCH FOUNDATION CITY UNIVERSITY OF NEW YORK Partner — Recipient of a $175,000 grant for the SI Alliance for North Shore Children and Families initiative.
  • RICHMOND UNIVERSITY MEDICAL CENTER FOUNDATION Partner — Recipient of a $400,000 grant for equipment and improvements to the biplane cardiac cath lab.
  • ST GEORGE THEATRE RESTORATION INC Partner — Recipient of a $152,500 grant for theater accessibility improvements, including ADA-compliant seating.
  • STATEN ISLAND HISTORICAL SOCIETY Partner — Recipient of an $80,000 grant to support the restored museum curator position.
  • STATEN ISLAND INSTITUTE OF ARTS AND SCIENCES Partner — Recipient of an $83,210 grant for consultants, software, and marketing materials, including an employee matching gift.
  • THE ARC NEW YORK Partner — Recipient of a $100,000 grant for purchasing shelving and archival supplies.
  • THE GRACE FOUNDATION OF NEW YORK Partner — Recipient of a $75,000 grant to support staff expenses for a new food truck program.