Overview
What is The College Of Staten Island Foundation Inc?
The College of Staten Island Foundation Inc, located in Staten Island, New York, is a nonprofit organization dedicated to supporting its affiliated institution, the College of Staten Island. Their primary mission is to foster a robust community, corporate, and foundation backing for public higher education on Staten Island. Through philanthropic contributions, they enable the College to uphold its standard of excellence, providing top-notch academic facilities and faculty. Significant initiatives include funding for the Chazanoff School of Business's AACSB accreditation process, athletic programs, and the School of Health & Sciences, particularly the Social Work and Health and Human Services departments. The Foundation also extends support to the library and sustainability initiatives. Their total workforce comprises 30 individuals.
Official website here: www.csi.cuny.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The College of Staten Island Foundation Inc has achieved an impressive 96% rating on Charity Navigator, indicating a high level of accountability and financial management. This score is derived solely from their Accountability & Finance metrics, showcasing their commitment to transparency and responsible stewardship of funds. Such a high rating signifies that donors can trust the foundation to effectively manage their contributions.
Strengths of the organization include a fully independent board, which is comprised of 19 members, ensuring a diverse and unbiased decision-making process. The foundation excels in various financial practices, with a solid program expense ratio of 76.45%, indicating that a significant portion of their resources is dedicated to fulfilling their mission rather than administrative costs. Additionally, their adherence to policies such as conflict of interest, whistleblower protections, and document retention reflects a robust governance framework.
Despite the strong financial and governance scores, the summary does not mention specific programmatic impacts or outcomes related to their initiatives. While financial health is crucial, potential donors may also be interested in understanding the tangible benefits and community impact provided by the foundation’s programs and services.
This AI summary has been generated from information found on Charity Navigator.
Is The College Of Staten Island Foundation Inc legitimate?
The College Of Staten Island Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The College Of Staten Island Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
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Other Salaries and Wages: $291,361
For more financial information, click here
Official website here: www.csi.cuny.edu/foundation
What is the mission statement of The College Of Staten Island Foundation Inc?
The College of Staten Island Foundation Inc was established with a mission to stimulate and strengthen community, corporate, and foundation support for public higher education. Its primary goal is to assist the College of Staten Island in providing its students with the finest facilities and faculty available. The foundation achieves this by developing an ongoing and increasing base of support from various sources, including individuals, corporations, and foundations. Through this philanthropic support, the foundation enables the College of Staten Island to expand its margin of excellence, ensuring its students, faculty, and staff have access to the best academic facilities. Some examples of the foundation's accomplishments include supporting the Chazanoff School of Business during the ACCSB accreditation process, funding the athletics program, providing resources for the School of Health & Sciences, particularly the departments of Social Work and Health and Human Services, and supporting the library and sustainability initiatives.
Official website here: www.csi.cuny.edu/foundation
Who is the CEO of The College Of Staten Island Foundation Inc?
Joseph Franzese is the Board Vice President of The College Of Staten Island Foundation Inc.
Official website here: www.csi.cuny.edu/foundation
What is the revenue of The College Of Staten Island Foundation Inc?
The College Of Staten Island Foundation Inc's revenue in 2023 was $1,224,016.
Official website here: www.csi.cuny.edu/foundation
Who are the executives of The College Of Staten Island Foundation Inc and what are their salaries?
The average compensation at The College Of Staten Island Foundation Inc during 2023 was $9,712. There are 30 employees and 39 volunteers at The College Of Staten Island Foundation Inc.
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Official website here: www.csi.cuny.edu/foundation
Where can I find the form 990 for The College Of Staten Island Foundation Inc?
The College Of Staten Island Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.csi.cuny.edu/foundation
Learn more at the official website: www.csi.cuny.edu/foundation
Mission Statement of The College Of Staten Island Foundation Inc
The College of Staten Island Foundation Inc is an organization established with a mission to stimulate and strengthen community, corporate, and foundation support for public higher education on Staten Island. Their primary goal is to aid the College of Staten Island by developing a sustained and growing base of support from alumni and friends of the college. The foundation's objective is to enable the College of Staten Island to provide its students with the finest academic facilities and faculty available, enhancing its margin of excellence.
Through philanthropic support, The College of Staten Island Foundation allows the college to expand its capabilities. For instance, they have contributed to the Chazanoff School of Business by funding the Association to Advance Collegiate Schools of Business (AACSB) accreditation process. Additionally, they have supported the athletics program, including providing uniforms and travel expenses for participation in tournaments. Furthermore, they have assisted the School of Health & Sciences, particularly the departments of Social Work and Health and Human Services. The foundation has also been instrumental in supporting the library and in initiating sustainability initiatives.
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Impact
October, 2024
The College of Staten Island Foundation Inc. plays a pivotal role in enhancing the educational experience at the College of Staten Island by cultivating and maintaining a strong support network among alumni, community members, and corporate entities. Through its efforts, the Foundation significantly contributes to the College's ability to expand its resources and offerings, ensuring that students, faculty, and staff have access to top-notch academic facilities and programs.
The Foundation's impact is evident in several key areas. For instance, it supports essential accreditation processes for programs like the Chazanoff School of Business, which enhances the College's credibility and appeal to prospective students. Athletic programs also benefit from this support, receiving funding for uniforms and travel for tournaments, which fosters school spirit and promotes student engagement.
Moreover, the Foundation actively bolsters specific academic departments, such as Social Work and Health and Human Services within the School of Health & Sciences. This targeted funding helps enhance program quality and resources, benefiting both students and faculty alike. Investments in library resources and sustainability initiatives further showcase the Foundation's commitment to creating a well-rounded and forward-thinking educational environment.
Ultimately, The College of Staten Island Foundation serves as a crucial catalyst for growth and excellence in public higher education on Staten Island, fostering a thriving academic community that benefits all stakeholders involved.
This information is meant to be a general summary of The College Of Staten Island Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $534,446
- Gross Receipts: $1,288,302
Assets and Liabilities:
- Total Assets: $19,560,960
- Total Liabilities: $1,003,257
- Net Assets: $18,557,703
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Organization Details
Founding Year
1992
Phone
(718) 982-2365Principal Officer
Joseph Franzese
Main Address
2800 VICTORY BLVD 1A-210, STATEN ISLAND, NY, 10314
Website
www.csi.cuny.edu/foundationNTEE Category
Code: B110 - Education
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