irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $862KTHESE EXPENSES REPRESENT THE COLLEGE OF STATEN ISLAND FOUNDATION'S ENDOWED AND NON-ENDOWED SCHOLARSHIPS AND AWARDS AT THE COLLEGE TO PROVIDE ACCESS TO FINANCIAL ASSISTANCE TO THE MANY QUALIFYING FULL-TIME AND PART-TIME STUDENTS. THE MANY SCHOLARSHIPS ALLOCATED BY THE COLLEGE OF STATEN ISLAND FOUNDATION ENSURE THAT THESE STUDENTS HAVE ACCESS TO A QUALITY HIGHER EDUCATION, REMARKABLE ACHIEVEMENTS, AND A BRIGHTER FUTURE.
- #2 $113KTHE COLLEGE OF STATEN ISLAND FOUNDATION IS COMMITTED TO SERVING THE COLLEGE COMMUNITY AND ITS WIDE RANGE OF TRADITIONAL AND NON-TRADITIONAL STUDENTS BY PROVIDING EMERGENCY FINANCIAL ASSISTANCE IN A TIMELY MANNER TO STUDENTS WHO REQUEST THE EMERGENCY FUNDS THROUGH A CERTIFIED COUNSELOR AT THE COLLEGE.IN ADDITION TO FINANCIAL ASSISTANCE, THE COLLEGE OF STATEN ISLAND IS PROVIDING EMERGENCY MEALS THROUGH THE FOOD INSECURITY AND HUNGER INITIATIVE.
named programs · 3 · from sources
What they call their work
Emergency Financial Assistance
Offers timely financial aid to students in need through certified college counselors, helping them remain enrolled during crises.
Food Insecurity and Hunger Initiative
Provides emergency meals to students facing food insecurity, supporting their well-being and academic success.
Scholarships and Awards
Provides endowed and non-endowed financial assistance to full-time and part-time students at the College of Staten Island to support access to higher education.
activities · 4 groups
What they do
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Local High School Scholarship Programs 1 activity
- Allocating donations to support College of Staten Island advancement effortsDirects a portion of all donations toward advancing initiatives at the College of Staten Island, supporting institutional growth and development priorities.
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University-Specific Endowment and Program Funding 1 activity
- Funding endowed and non-endowed scholarships for studentsProvides financial support to qualifying full-time and part-time students at the College of Staten Island through endowed and non-endowed scholarships and awards.
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Direct Financial Assistance to Individuals 1 activity
- Providing emergency financial assistance and meals to studentsDelivers emergency financial aid and emergency meals to traditional and non-traditional students at the College of Staten Island through the Food Insecurity and Hunger Initiative.
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Admissions and Enrollment Support Services 1 activity
- Providing in-person admissions advising for prospective studentsOffers in-person admissions advising services to prospective students during regular office hours to support enrollment at the College of Staten Island.
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financials · form 990 · fy2024
revenue
Total revenue$3.45M
Contributions & grants$2.12M61%
Program service revenue$00%
Investment income$1.30M38%
Other revenue$36K
expenses
Total expenses$2.19M
Program expenses81%
Admin / overhead18%
Fundraising1%
Salaries & benefits$272K
Grants paid out$975K
Largest expense lineCompensation
balance sheet
Total assets$24.56M
Cash$1.37M
Investments$23.05M
Liabilities$730K
Net assets$23.83M
Liquid reserves133.8 mo
5 years on record · 2020–2024 · YoY revenue +2.5%
leadership · form 990 part vii · fy2024
Who runs it
board members · 23
- AMANDA STRANIERE — DIRECTOR
- BRIAN LALINE — DIRECTOR
- CARLOS SERRANO — (EX-OFFICIO) DIRECTOR
- CAROLE GERVASI — SECRETARY
- CHERYL ADOLPH — EXECUTIVE DIRECTOR
- COMFORT ASANBE — (EX-OFFICIO) DIRECTOR
- DIANE SAADEH — DIRECTOR
- DOLORES MORRIS — DIRECTOR
- FRANK LOMBARDO — DIRECTOR
- JACQUELINE ARMANI — DIRECTOR
- JAY CHAZANOFF — DIRECTOR
- JOSEPH CONTE — DIRECTOR
- JOSEPH FRANZESE — VICE PRESIDENT
- KATHLEEN PESILE — DIRECTOR
- MICHAEL CUSICK — PRESIDENT
- MICHAEL STEIPER — (EX-OFFICIO) DIRECTOR
- PATRICK MCDERMOTT — DIRECTOR
- ROBERT CATALANO — TREASURER
- SAMIR FARAG — DIRECTOR
- TIMOTHY LYNCH — (EX-OFFICIO) DIRECTOR
- VISHAL SHAH — DIRECTOR
- YOLANDA GLEASON — DIRECTOR
- YOLANDA RUDICH — DIRECTOR
relationships · 1
Who they work with
- College of Staten Island Partner — Provides scholarships, emergency financial aid, and emergency meals to students through joint initiatives.
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.
- Emergency Financial Support for Student Retention 387 orgsmethodology: emergency_student_supportBy providing emergency financial assistance through certified counselors, the foundation supports student stability and retention because short-term aid mitigates disruptions caused by unforeseen financial hardship.shared approach: Financial Barrier Reduction →
- Recruitment Through Campus Engagement 387 orgsmethodology: campus_visit_recruitmentBy hosting campus visits and on-campus recruitment events, the foundation influences prospective students’ enrollment decisions because direct engagement increases institutional familiarity and connection.shared approach: Financial Barrier Reduction →
- Scholarship Access to Promote Educational Equity 387 orgsmethodology: scholarship_supportBy awarding endowed and non-endowed scholarships, the foundation increases access to higher education for qualifying students because financial barriers are reduced, enabling enrollment and persistence.shared approach: Financial Barrier Reduction →
- Philanthropic Engagement for Academic Excellence 36 orgsmethodology: philanthropic_engagementBy engaging donors and fostering community participation, the foundation advances academic excellence at the College of Staten Island because sustained philanthropic support enables institutional capacity and resource development.shared approach: Philanthropy as Strategic Investment →