Skip to the page content
Passes our checks

The College of Staten Island Foundation Inc

EIN 13-3683723 · Staten Island, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong93 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE FOUNDATION WAS ESTABLISHED TO STIMULATE AND STRENGTHEN COMMUNITY,CORPORATE AND FOUNDATION SUPPORT FOR PUBLIC HIGHER EDUCATION ON STATEN ISLAND AND TO SUPPORT THE COLLEGE OF STATEN ISLAND IN PROVIDING ITS STUDENTS WITH THE FINEST FACILITIES AND FACULTY AVAILABLE.

Income
$3.5 million
Spending
$2.2 million
Spent on programs
81%
Reserves
7.8 months of spending
Largest source of income
donations and private grants, 61%
Employees
25
Volunteers
41

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 93 out of 100. Higher than 83% of charities in its peer group (education, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 7.8 months of spending.

  • Debt

    20 of 20

    It owes 3% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 37% of income.

  • Income trend

    15 of 15

    Income rose 3% on the year before.

  • Spending floor

    15 of 15

    81% of spending went to programs and raising each dollar of donations cost 1 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 74% of charities in its peer group (education, $1m to $10m).

  • Independent board

    25 of 25

    22 of 22 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $676,202 spent. THESE EXPENSES REPRESENT THE FOUNDATION'S ACCOMPLISHMENTS IN ASSISTING THE COLLEGE OF STATEN ISLAND BY DEVELOPING AN ONGOING AND INCREASING BASE OF SUPPORT FROM THE COMMUNITY, INDIVIDUALS, CORPORATIONS AND FOUNDATIONS. THROUGH THIS PHILANTHROPIC SUPPORT, THE COLLEGE OF STATEN ISLAND FOUNDATION ALLOWS THE COLLEGE TO EXPAND ITS MARGIN OF EXCELLENCE WHICH ENSURES ITS STUDENTS, FACULTY, AND STAFF THE FINEST ACADEMIC FACILITIES AVAILABLE. SUCH EXAMPLES INCLUDE FUNDING FOR THE CHAZANOFF SCHOOL OF BUSINESS EXPENSES RELATED TO THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS (AACSB) ACCREDITATION PROCESS, CAREER DEVELOPMENT INITIATIVES, THE ATHLETICS PROGRAM, INCLUDING UNIFORMS AND TRAVEL RELATED TO PARTICIPATION IN TOURNAMENTS, FACILITY IMPROVEMENTS WHICH THIS PAST YEAR INCLUDED A NEW STUDENT LOUNGE, SUPPORT FOR THE LIBRARY AND FOR THE DEPARTMENT OF SOCIAL WORK.
  2. $862,478 spent. THESE 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.
  3. $112,502 spent. THE 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.
  4. $121,021 spent. TO ASSIST THE COLLEGE OF STATEN ISLAND WITH ENHANCING RESOURCES,ENROLLMENT INITIATIVES, STUDENT ENGAGEMENT AND PROVIDING FUNDSTO PROMOTE THE VERRAZZANO HONORS PROGRAM.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 1993.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.