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The Staten Island Foundation

Profile

Last Updated: 2016-05-11

At A Glance

The Staten Island Foundation

(formerly SI Bank & Trust Foundation)

260 Christopher Ln., Ste. 3B

Staten Island, NY United States 10314-1658

Telephone: (718) 697-2831

URL: www.thestatenislandfoundation.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2015-06-30)

Assets: $76,472,217

Total giving: $3,501,137

EIN

133993115

BRIDGE Number

3679881382

Additional Contact Information

Additional e-mail: watters@thestatenislandfoundation.org

Background

Established as a company-sponsored foundation in 1998 in DE and NY; status changed to independent foundation in 2004 - The Staten Island Foundation, previously named SI Bank & Trust Foundation, and initially SISB Community Foundation, was created in Dec. 1997, when the bank converted to a public company. From the beginning, the foundation's express mission was to improve the quality of life in Staten Island, NY. Over the course of its history, the foundation has supported a varied and wide-ranging array of projects. The foundation has contributed to local projects of national prominence as well as to programs serving schools, faith-based groups, community centers, and community programs serving physically disabled, developmentally disabled, abandoned, abused, neglected, poor and homeless populations and individuals. In its giving, the foundation has reached the full range of faiths, cultures, age, and racial and ethnic groups.

Purpose and Activities

The mission of the foundation is to improve the quality of life on Staten Island, particularly for the least advantaged, with a focus on strengthening the community, and improving education, health, and the arts. Strategies to accomplish the mission include financial support through grants; providing leadership for the community; convening and collaborating with grantee partners, funders, and other entities in order to share best practices; and building the capacity of local organizations to better fulfill their missions. All organizations and the individuals working with them learn continually from the results of their activities and services. Applying that learning in order to improve is of particular interest of the foundation. In its grantmaking, the foundation looks to fund opportunities that educate Staten Island organizations and individuals in a way that leads to their learning. The foundation defines learning as a positive change in behavior. Foundation grants are an investment in these changes. The foundation's definition of a successful investment includes strong results for program participants, and strong learnings for the organizations in which the foundation invests.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Children's Literacy Grants

The foundation supports District 31 of the New York City Department of Education in its quest to improve student literacy, and the professional development of classroom teachers and literacy coaches to enhance their skills in the teaching of literacy. The program will invest up to $25,000 per school to support elementary school programs to improve literacy. The program will only fund certain initiatives with a proven record of success, like Reading Recovery Program, Leveled Literacy Intervention or the Staten Island Writing Initiative. Investment in alternate programs require evidence of success in other settings. For more information, go to the foundation website.

Smaller Grants Opportunities Program

The program invests in the range of $5,000 in Staten Island based, not-for-profit organizations whose work in the community in the fields of education, health and human services, and arts and culture is making a measurable difference in the lives of Staten Islanders. The Smaller Opportunities Grant Program is intended to enable outcomes through a wide range of projects undertaken by local community-based organizations or schools seeking to improve direct services or meet other organizational or community needs. Application information available on foundation web site.

Stapleton Revitalization Plan

The foundation has been a primary funder of planning long-term community and economic development to revitalize the Stapleton neighborhood. Recommendations can be found on the foundation website. The primary concerns of this initiative are in the areas of economic development and opportunity, healthcare, housing, immigrant services, infrastructure, social service needs, literacy and youth development.

Summer Literacy Enhancement

This program makes available grants of up to $5,000 to enhance literacy as parts of summer programming for their community's youth. The foundation has designed this program to support traditional literacy programs as well as enrichment activities. For more information see the website.

Tackling Youth Substance Abuse (TYSA)

This initiative is a cross-sector coalition for non-profit, for-profit, and government organizations, agencies, and individuals aimed at driving major improvements in youth substance abuse in Staten Island, with the ultimate goals of decreased use of alcohol and prescription drugs and youth making healthy choices overall. The foundation has supported this initiative from its creation to build strong public awareness of the urgent need to tackle youth substance abuse, help to better align current efforts and fill necessary gaps, and create a strong strategic framework for improved collective impact.

The Staten Island Foundation Nonprofit Recovery Fund

This fund was created in response to the devastation of Hurricane Sandy. The foundation will match the first $500,000 from other philanthropic sources to this fund. Grants will be awarded to nonprofits serving Staten Island to address immediate relief needs, and to help build the long-term recovery, collaborative capacity and resilience of Staten Island nonprofits. Examples of immediate relief assistance the foundation may provide include: unreimbursed repairs to nonprofit facilities and grounds; supplemental funding for documented decreased fundraising/cost of business interruption; providing direct and immediate support for the longer term post-disaster needs of nonprofit organizations serving Staten Island and its residents; fostering cross-sector engagement for community-side impact; innovative ideas for service provision and collaboration; and efforts to improve disaster preparedness.

Fields of Interest

Subjects
  • Arts and culture
  • Community and economic development
  • Education
  • Health
  • Housing development
  • Human services
Population Groups
  • Academics
  • Adolescents
  • Adults
  • Children and youth
  • Ethnic and racial groups
  • Homeless people
  • Immigrants
  • Infants and toddlers
  • Low-income and poor people
  • People of African descent
  • People of Latin American descent
  • People with disabilities
  • People with physical disabilities
  • People with psychosocial disabilities
  • Refugees and displaced people
  • Students
  • Substance abusers
  • Victims of disaster
  • Young adults

Financial Data

Year ended 2015-06-30

Assets: $76,472,217 (market value)

Gifts received: $250,100

Expenditures: $4,525,669

Total giving: $3,501,137

Qualifying distributions: $4,068,646