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THOUSAND ISLAND PARK FOUNDATION INC

THOUSAND ISLAND PARK, NY · EIN 462819724 · Form 990 · FY2024 · NTEE A80 · Arts, Culture & Humanities · Micro (<$100K) · tiparkfoundation.com
revenue
$58K
expenses
$49K
net assets
$578K
employees
0
volunteers
30
program ratio
91%
mission · from form 990

TO SUPPORT CULTURAL AND EDUCATIONAL PROGRAMS IN THOUSAND ISLAND PARK, NEW YORK, AND TO ENHANCE AND REVITALIZE THE HISTORIC INFRASTRUCTURE OF THE PARK.

profile · synthesized from sources

Thousand Island Park Foundation supports cultural, educational, and recreational programs in Thousand Island Park, New York, a historic district. It provides grants to local nonprofits, funds community events, and supports the preservation of historic infrastructure. The foundation is governed by a volunteer board of residents and relies on donations and investment income to sustain its work.

named programs · 3 · from sources

What they call their work

Community Events Series
Organizes and sponsors free public events including the 4th of July Parade and Carnival, Dancing in the Streets, Moon Viewing, and Light The Night Against Cancer Walk
Community Grants Program
Provides financial grants to local nonprofits in Thousand Island Park, including the Historical Association, Tabernacle Association, and L'Atelier Art, for programming and operational support
Historic Preservation Initiative
Supports restoration of historic structures through leasing strategies and matching fund grants, in collaboration with the TI Park Corporation
activities · 5 groups

What they do

  • Nonprofit Sector Research & Data Analysis 1 activity
    • Conducting and publishing survey research
      Conducted a survey in 2024 and published a summary of the findings, contributing to organizational learning and community insight.
  • General Operating Support Grants 1 activity
    • Funding community organizations and programs through grants
      Operates an ongoing grantmaking program that awards financial support to local organizations for cultural, historical, artistic, and health-related initiatives, including a $3,000 grant to the Thousand Island Park Tabernacle Association for a choral concert, a $540 grant for historical photo archiving software, a $1,012 grant for new art programs, and $3,700 distributed to four local cancer-care nonprofits.
  • Community Festival & Event Production 1 activity
    • Organizing and hosting community events
      Plans and executes a variety of community events in Thousand Island Park, including the “Dancing in The Streets” 4 Corners Party, 4th of July Parade and Carnival, Kids Fishing Derbies, Summer Soiree, and Light The Night Against Cancer Walk, supported by donor contributions and event fundraising.
  • Donor-Advised Fund Grantmaking 1 activity
    • Providing donor education on non-cash giving
      Offers guidance and information to donors on contributing non-cash assets such as securities, real estate, and personal property to support foundation activities.
  • Historic Building Restoration and Preservation 1 activity
    • Supporting cultural and educational programs and revitalizing historic infrastructure
      Supports cultural and educational initiatives in Thousand Island Park, NY, and undertakes efforts to enhance and revitalize the area's historic infrastructure, including capital improvement projects such as the construction and renovation of the Playground and Gazebo.
financials · form 990 · fy2024
revenue
Total revenue$58K
Contributions & grants$17K29%
Program service revenue$00%
Investment income$31K54%
Other revenue$10K
expenses
Total expenses$49K
Program expenses91%
Admin / overhead9%
Fundraising0%
Salaries & benefits$0
Grants paid out$6K
Largest expense lineFacilities
balance sheet
Total assets$581K
Cash$126K
Investments$384K
Liabilities$3K
Net assets$578K
Liquid reserves123.9 mo
4 years on record · 2020–2024 · YoY revenue -22.0%
leadership · form 990 part vii · fy2024

Who runs it

board members · 12
  • ANDREW KANE — DIRECTOR
  • CHRISTINA NEMEC — DIRECTOR
  • DAVID HANRETTY — DIRECTOR
  • DAVID LAKE — CHAIRPERSON
  • EDWARD ADAMS — PRESIDENT
  • ERIKA GOODYEAR — DIRECTOR
  • GLENDA HOUSE — SECRETARY
  • JAMES BRASSER — DIRECTOR
  • KATE TURRI — DIRECTOR
  • MICHAEL O'CONNELL — DIRECTOR
  • MICHAEL STEDEM — VICE CHAIRPERSON / VICE PR
  • SUSAN NELSON — TREASURER
relationships · 17

Who they work with

  • Alteri Vini Partner — Provided in-kind donation through Paul Alteri
  • Breakfree Graphics Partner — Provided in-kind donation through Dave Finger
  • Community Coalition Partner — Works closely with the Foundation on organizing and planning events within the Park.
  • Compassionate Care Partner — Received a donation as part of a collective contribution to local cancer-fighting organizations.
  • L'Atelier Art Partner — Received a grant to support startup costs for new art programs.
  • Price Chopper Partner — Provided in-kind donation
  • Red Cross Partner — Collaborated on hosting a Blood Drive event in the Park.
  • Richard E. Winter Cancer Center Partner — Received a donation as part of a collective contribution to local cancer-fighting organizations.
  • River Wellness Center Partner — Received a donation as part of a collective contribution to local cancer-fighting organizations.
  • Save The River Partner — Co-hosted a Clean Up Day event in collaboration with the Foundation.
  • TI Park Corporation Partner — Provided in-kind donation
  • The QMC Group Partner — Provided in-kind donation
  • Thousand Island Park Partner — Primary community beneficiary of Foundation grants and programs.
  • Thousand Island Park Historical Association Partner — Received a three-year grant commitment to support digitization of historical photographs.
  • Thousand Island Park Tabernacle Association Partner — Funded to support the "Let Us Sing" concert featuring the Syracuse University Hendrick's Chapel Choir.
  • Thousand Islands Sun Partner — Provided in-kind donation
  • Walker Center for Cancer Care Partner — Received a donation as part of a collective contribution to local cancer-fighting organizations.
strategies · 3

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.

  • Lease-to-Restoration of Historic Assets
    methodology: lease_to_restoration
    By leasing properties under a structured agreement that facilitates tax-advantaged donations for restoration, the Foundation incentivizes private investment in historic preservation, with the long-term outcome of revitalized infrastructure because the model aligns donor benefits with public asset renewal.
  • Local-Grantmaking for Community Objectives
    methodology: local_grantmaking
    By providing direct grants to local nonprofits within Thousand Island Park, the Foundation enables these organizations to achieve their missions, thereby strengthening community capacity and vitality because localized funding supports on-the-ground impact aligned with community needs.
  • Sustainable Capacity via Endowment Growth
    methodology: endowment_growth_model
    By growing its endowment through prudent financial stewardship and conservative investment of unrestricted donations and income, the Foundation increases its long-term ability to fund community initiatives because sustained capital growth ensures perpetual grantmaking capacity.