irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $20KPROMOTING COMMUNITY SERVICE ORIENTED ACTIVITIES - 44 GRANTS WERE MADE TO PROMOTE AND HELP COMMUNITY NEEDS AND ACTIVITIES.
- #2 $0PROMOTING EDUCATION - 11 WERE MADE TO PROMOTE EDUCATION AND SPORTS.
named programs · 2 · from sources
What they call their work
Promoting Community Service Oriented Activities
Makes grants to support community needs and activities; 44 grants were made in 2024
Promoting Education
Provides grants to promote education and sports; 11 grants were made in 2024
activities · 8 groups
What they do
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Local High School Scholarship Programs 1 activity
- Awarding scholarships to studentsFunds multiple annual scholarships, including a $5,000 award to an amateur boxer, two $2,500 awards to Curtis High School seniors, a $5,000 scholarship to a Brooklyn College media student, scholarships for nursing/healthcare students from Port Richmond, student-athlete scholarships for Staten Island high school graduates, and a memorial scholarship for the Miss Staten Island Scholarship Organization.
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Charity Event Organization 1 activity
- Hosting annual Teddy Dinner and other fundraising eventsHosts the annual Teddy Dinner, a marquee fundraising event attended by over 1,000 supporters and serving as the foundation’s largest source of donations. Also organizes a Bowl-A-Thon, comedy night, golf outing, and other fundraising events with ticket sales and sponsorships to support its mission.
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Charitable Grantmaking to Specific Causes 1 activity
- Making grants to support education, sports, and community needsAwards grants annually to support community needs, with specific focus areas including education and sports. The foundation made 30–44 grants per year for community needs and 6–18 grants per year specifically for education and sports, based on IRS 990 reporting.
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Food Distribution and Hunger Relief 1 activity
- Operating food pantry and holiday food distribution programsRuns a weekly food pantry serving 200 families, with a focus on seniors and families in need, and hosts biannual holiday food pantries in April and November serving 1,000 families per event. Distributes turkeys during Thanksgiving, Easter hams, and other holiday meal items to hundreds of families annually.
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Youth Soccer Development Programs 1 activity
- Operating youth sports, boxing, and education programsRuns youth boxing gyms and education centers in Brooklyn and Staten Island, develops sports camps, and supports school-based incentive programs that reward positive behavior with tickets to NBA, MLB, and Broadway events. Also implements STEAM programs to teach critical thinking, innovation, and technology application.
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Cancer Patient Financial and Practical Support 1 activity
- Providing direct financial and medical support to children with cancer and other serious illnessesProvides financial assistance for health insurance premiums, travel to specialized medical treatment, medical equipment, surgeries, and home modifications for children with cancer and other serious medical conditions. Examples include purchasing a blood oxidation machine, providing air conditioning units for temperature-sensitive conditions, and furnishing bedrooms for critically ill children.
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Holiday and Seasonal Essentials Distribution 1 activity
- Providing holiday toy giveaways for children in needDistributes toys to thousands of children in New York annually through a Christmas toy giveaway program, providing direct support to families during the holiday season.
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Direct Financial Assistance to Individuals 1 activity
- Responding to individual assistance requestsResponds to over fifty assistance requests per week from individuals and families in need, providing direct support including medical expenses, home modifications, and funeral costs, with over three million dollars distributed in financial assistance to date.
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financials · form 990 · fy2024
revenue
Total revenue$649K
Contributions & grants$300K46%
Program service revenue$00%
Investment income$35K5%
Other revenue$314K
expenses
Total expenses$646K
Program expenses81%
Admin / overhead7%
Fundraising13%
Salaries & benefits$110K
Grants paid out$200K
Largest expense lineProfessional Fees
balance sheet
Total assets$1.68M
Cash$1.17M
Investments$0
Liabilities$48K
Net assets$1.64M
Liquid reserves21.7 mo
4 years on record · 2020–2024 · YoY revenue -11.5%
leadership · form 990 part vii · fy2024
Who runs it
board members · 13
- DAVID BERLIN — DIRECTOR
- ELAINE ATLAS — TREASURER
- GIANA GIGANTE — SECRETARY
- HOWARD KATZ — DIRECTOR
- JOSEPH FAMA — DIRECTOR
- KEITH SULLIVAN — VICE CHAIRMA
- NICOLE ATLAS — DIRECTOR
- PASQUALE RUSSO — DIRECTOR
- PAUL QUATTROCCHI — DIRECTOR
- SCOTT KATZ — DIRECTOR
- THEODORE A ATLAS JR — CHAIRMAN
- THEODORE ATLAS III — DIRECTOR
- THOMAS VERRENGIA — DIRECTOR
relationships · 52
Who they work with
- ATU 726 Partner — Sponsor of the 2023 and 2024 golf outings through ATU 726 and the ATU 726 Family Fund.
- Ariel Property Advisors Partner — Sponsor of the 2023 and 2024 golf outings.
- Atlantic Salt Co. Partner — Sponsor of the 2023 and 2024 golf outings.
- Brooklyn College Partner — Hosts recipients of the Rob Beiner Scholarship for students majoring in Television and Radio.
- Brooklyn Wine Co. Partner — Sponsor of the 2023 and 2024 golf outings.
- Carpenter Contractor Alliance of Metropolitan New York Partner — Breakfast/Lunch Sponsor for the 2026 golf outing.
- Castellano & Merone Partner — T-shirt sponsor for the 2026 Bowl-A-Thon event.
- Certified Auto Mall Partner — Sponsor of the 2023 and 2024 golf outings.
- Citizens Bank Partner — Sponsor of the 2023 and 2024 golf outings.
- Curtis High School Partner — Partners with the Atlas Foundation to select recipients for the John Garand Rowan “Admiral” Scholarship.
- Dana Ford Partner — T-shirt sponsor for the 2026 Bowl-A-Thon event.
- Doctor’s Hospital Partner — Founded by Dr. Atlas as a second hospital on Staten Island to expand healthcare access.
- EA Sports Partner — Provided color commentary services for the boxing video game Fight Night: Round Four.
- ESPN Partner — Collaborated with ESPN as a color commentator for Friday Night Fights, Tuesday Night Fights, and Wednesday Night Fights.
- Empire Blue Cross Blue Shield Health Plus Partner — Sponsor of the 2015 Turkey Give Away
- Empire Commercial Services Partner — Sponsor of the 2023 and 2024 golf outings.
- Fairway Market Partner — Sponsor of the 2016 and 2015 Turkey Give Away
- Hilton Garden Inn Partner — Host venue for the annual Teddy Dinner event.
- Horowitz Family Partner — Collaborates with the Atlas Foundation to award the George Horowitz Scholarship to students with boxing backgrounds.
- Integration Charter Schools Partner — Collaborated with the foundation and Stop & Shop to distribute food to families in need.
- Ironworkers Local 40 Partner — Sponsor of the 2023 and 2024 golf outings.
- Ironworkers Local 580 Partner — Sponsor of the 2023 and 2024 golf outings.
- JAG-ONE Physical Therapy Partner — Sponsor of the 2023 and 2024 golf outings.
- Kamco Building Supply Partner — Sponsor of the 2023 and 2024 golf outings.
- Lionheart Wealth Management Partner — Bag Tag Sponsor for the 2026 golf outing.
- Mannix Family ShopRite Supermarkets Partner — Sponsor of the 2023 and 2024 golf outings.
- Matrix Companies Partner — Sponsor of the 2016 Turkey Give Away
- Menicucci Villa Panzella Calcagno PLLC Partner — Sponsor of the 2023 and 2024 golf outings.
- Met Foods Partner — Sponsor of the 2016 and 2015 Turkey Give Away
- Miss Staten Island Scholarship Organization Partner — Receives funding from the Atlas Foundation to support its scholarship program in memory of Mary Riley Atlas.
+ 22 more
strategies · 4
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.
- Dignity-Preserving Service Deliverymethodology: dignity_preserving_serviceBy minimizing bureaucratic barriers and delivering aid discreetly, we produce more effective and respectful assistance because preserving dignity increases recipient engagement and reduces stigma.
- Event-Based Community Engagement and Fundraisingmethodology: event_based_engagementBy combining recreational and cultural events with fundraising and aid distribution, we produce sustained community involvement and donor participation because experiential engagement builds emotional connection and motivation to support the cause.
- Positive Reinforcement Through Cultural Accessmethodology: positive_reinforcementBy offering access to cultural and entertainment events as rewards, we produce improved academic and personal decision-making in students because positive reinforcement strengthens motivation and self-worth.
- Values-Based Scholarship with Targeted Pathwaysmethodology: values_based_scholarshipsBy awarding scholarships to students who demonstrate discipline through boxing or military-affiliated programs, or passion in creative media fields, we produce long-term social impact because these pathways foster resilience, leadership, and purpose aligned with the foundation’s mission.