Overview
What is Island Street Foundation Inc?
Island Street Foundation Inc is a charitable organization situated in North Tonawanda, New York. Committed to philanthropic endeavors, it collaborates with local charities to develop sustainable funding activities within its service area. The foundation's primary mission is to enhance the impact of Western New York (WNY) charities, aiming to preserve and enrich the region's historic, architectural, and environmental resources. To achieve this, they co-develop sustainable funding programs for small to mid-size WNY-based charities, conduct educational activities to raise awareness about the historical and architectural significance of the Buffalo Niagara region, and explore environmental preservation initiatives focused on the Niagara River and Erie Canal.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Island Street Foundation Inc has received a commendable Three-Star rating from Charity Navigator, signifying a strong performance in Accountability and Finance. This rating is based on a comprehensive evaluation of the organization's financial health, governance practices, and transparency. The charity's focus on maintaining an independent board and zero material diversion of assets demonstrates a commitment to ethical management and accountability.
Key strengths of the organization include a fully independent board, which consists of 10 members, and an impressive program expense ratio of 100%. These factors indicate effective resource allocation towards its mission, ensuring that donations are primarily directed toward program activities. Additionally, the foundation has established a conflict of interest policy and consistently documents board meeting minutes, further enhancing its governance practices.
While the rating highlights several strengths, it is important for potential donors to consider the overall context of the foundation's work and impact beyond financial metrics. Staying informed about the organization's specific programs and outcomes may provide a more comprehensive view of its effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Island Street Foundation Inc legitimate?
Island Street Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Island Street 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Island Street Foundation Inc?
The Island Street Foundation Inc's mission is focused on enhancing philanthropic efforts within local charities. They aim to preserve historic, architectural, and environmental resources by co-developing sustainable funding programs for small to mid-size charities based in their service area. The organization also sponsors educational activities to increase awareness of the historical and architectural design significance of the Buffalo Niagara region. Additionally, Island Street Foundation Inc collaborates on environmental preservation initiatives, particularly those focused on the Niagara River and Erie Canal. Their current efforts involve networking with area charities to develop programming for sustainable funding activities.
Who is the CEO of Island Street Foundation Inc?
Cheryl Jankowski is the Vice President / Director of Island Street Foundation Inc.
What is the revenue of Island Street Foundation Inc?
Island Street Foundation Inc's revenue in 2022 was $500.
Who are the executives of Island Street Foundation Inc and what are their salaries?
There 6 volunteers at Island Street Foundation Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $4,314
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $162,391
- Other: $9,404
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $123,100
- Other: $0
Where can I find the form 990 for Island Street Foundation Inc?
Island Street Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Island Street Foundation Inc
The Island Street Foundation Inc is dedicated to enhancing philanthropic efforts in its community. Its primary mission is to co-develop sustainable funding programs for small to mid-sized charities in the region. The organization aims to preserve the historic, architectural, and environmental resources of the area by collaborating with local charities to develop programming for sustainable funding activities. In addition, Island Street Foundation Inc sponsors a variety of educational activities to increase awareness of the historic and architectural design significance of the Buffalo Niagara Region. Furthermore, the foundation explores environmental preservation initiatives focused on the Niagara River and Erie Canal, demonstrating its commitment to preserving the region's natural resources.
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Impact
October, 2024
Island Street Foundation Inc significantly impacts the community by enhancing the philanthropic efforts of West New York charities. By networking with local organizations, it co-develops sustainable funding programs aimed at small to mid-sized charities, ensuring their long-term viability and success. The foundation sponsors a variety of educational initiatives that raise awareness about the region's historic and architectural significance, particularly around the Buffalo Niagara area. Furthermore, it fosters collaboration on environmental preservation efforts focused on vital resources like the Niagara River and Erie Canal. Through these activities, Island Street Foundation Inc enriches local heritage and promotes sustainable practices that benefit the community and environment.
This information is meant to be a general summary of Island Street 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 2022.
- Program Service Revenue: $500
- Gross Receipts: $500
Assets and Liabilities:
- Total Assets: $1,111,784
- Total Liabilities: $0
- Net Assets: $1,111,784
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUSTAINABLE FUNDING
Revenue
$500
Organization Details
Founding Year
2011
Phone
(716) 204-0204Principal Officer
Cheryl Jankowski
Main Address
P O BOX 546 17 ISLAND STREET, NORTH TONAWANDA, NY, 14120
NTEE Category
Code: B99 - Education
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