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New York · Nonprofit

GREYSTON FOUNDATION INC

GREYSTON FOUNDATION INC (New York) receives grants from 74 organizations whose IRS filings report $4,079,352 to it, the largest being The Kendeda Fund ($1,200,000). 43 of them have funded it in more than one year.

Revenue FY2024
$898k
Funders on record
74
Grants received
$4.1M
Net assets
$14M
43/74 repeat funderspeak grant-dependency 21%
01What it does

What Greyston Foundation Inc does

Mission

The organization contracted with a professional employer organization (peo) for services, including but not limited to, payroll, timekeeping, employee benefits, hr administration and workforce regulatory compliance needs. As the employer of record for tax purposes, forms w-2 and w-3 are issued by the peo and filed under the peo's federal ein. In this co-employment arrangement, the organization is the common law employer and, accordingly, compensation is reported on form 990, part vii, section a and part ix, lines 5-10.

As stated on its FY2024 Form 990.

Program

  1. Greyston unlocks the power of human potential through inclusive employment, one person at a time. We are leading the effort to develop effective solutions that address the underlying causes of employment challenges through our new greyston employment opportunity center (geoc). The geoc provides services in four areas: inclusive hiring services, transitional employment, workforce development, and programs for young adults. Inclusive hiring servicesgreyston provides support to businesses in adopting inclusive hiring practices through mentoring, an e-learning portal, data collection, and recruitment. These programs are dedicated to the replication of greyston's open hiring model and/or variations thereof. Our inclusive hiring services have realized 1,350 new jobs since inception. Inclusive hiring has been shown to: reduce time-to-hire by 80%, reduce hiring costs up to 93%, increase positive perception of work culture and trust in employer, and generate positive economic impact directly to the local community.transitional employmentgreyston provide re-entry services for justice-involved individuals, giving them an opportunity to reenter society with dignity. Greyston serves an average…

    $1,606,886 spentof which $40,000 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,606,886.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.2M) Expenses 100 ($4.6M) Net assets 100 ($7.1M)2018 Revenue 169 ($3.7M) Expenses 67 ($3.1M) Net assets 109 ($7.7M)2019 Revenue 122 ($2.7M) Expenses 77 ($3.6M) Net assets 96 ($6.8M)2020 Revenue 294 ($6.4M) Expenses 58 ($2.7M) Net assets 163 ($12M)2021 Revenue 272 ($5.9M) Expenses 71 ($3.3M) Net assets 268 ($19M)2022 Revenue 253 ($5.5M) Expenses 109 ($5.0M) Net assets 237 ($17M)2023 Revenue 141 ($3.1M) Expenses 98 ($4.5M) Net assets 212 ($15M)2024 Revenue 41 ($898k) Expenses 69 ($3.2M) Net assets 192 ($14M)
'17'18'19'20'21'22'23'24
Revenue (41)Expenses (69)Net assets (192)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $14M to $20M (+42%).

$9.1M
$10M
$9.8M
$14M
$20M
$18M
$21M
$19M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 20% · 2018 12% · 2019 29% · 2020 14% · 2021 11% · 2022 21% · 2023 21% · 2024 50%. Grants only. Government contracts and fees sit inside program revenue.

90% of GREYSTON FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (87% for the typical peer).

This organization
Typical peer · 7,828 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−$2.4M
’17
$579k
’18
−$905k
’19
$3.7M
’20
$2.7M
’21
$484k
’22
−$1.5M
’23
−$2.3M
’24
0.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Joseph D Kenner

President & CEO

Board chair

Andrew Yearley

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1818182821192111
Joined·+2+4+12+1+1+9+0
No longer listed·24283710
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 22 funders to 23 funders, grant income rose $146k → $207k.

14 of 74 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 22% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of GREYSTON FOUNDATION INC’s funders (the co-funder graph). Top 30 of 74 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

GREYSTON FOUNDATION INC has a broad base — no single funder exceeds 29% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

25% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GREYSTON FOUNDATION INC.

29%
largest funder
41%
top three
~9
effective funders

Largest funder’s share by year: 2017 17% · 2018 16% · 2019 21% · 2020 42% · 2021 41% · 2022 35% · 2023 12% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

32% of GREYSTON FOUNDATION INC's funders are still giving 3 years after their first grant; 58% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

GREYSTON FOUNDATION INC draws 62% of its grant income from funders outside New York, across 17 states in all.

VT
WA
MN
IL
NY
MA
CT
CA
CO
VA
DE
NC
SC
DC
LA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $906k arriving through sponsors registered in 10 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

GREYSTON FOUNDATION INC's funding base is broadening — from 22 funders to 23 as grant income climbed.

Operating margin−255% · bottom quartile
Months of reserve0.8mo · bottom quartile
Revenue growth (annualized)−12% · bottom quartile

this organization peer median middle 50% of peers· 7,117 philanthropy nonprofits $100k–$1M, FY2024

Organizations like GREYSTON FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

50% of spending goes to programs.

Program 50%Management 45%Fundraising 5%

Governance

9
board members
89%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Public support

50%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Part of a family of 6 related entities

  • Greyston Health Services Inc · exempt
  • 23 Park Avenue Limited Partnership · partnership
  • 104 Ashburton Holding Corporation · corp_trust
  • Greyston Bakery Inc · corp_trust
  • 23 Park Avenue Inc · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for GREYSTON FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds GREYSTON FOUNDATION INC?
GREYSTON FOUNDATION INC (New York) receives grants from 74 organizations whose IRS filings report $4,079,352 to it, the largest being The Kendeda Fund ($1,200,000). 43 of them have funded it in more than one year.
How many funders does GREYSTON FOUNDATION INC have?
IRS filings report 74 organizations giving $4,079,352 in grants to GREYSTON FOUNDATION INC, 43 of which have funded it in more than one year.
Who is the largest funder of GREYSTON FOUNDATION INC?
The Kendeda Fund is the largest funder on record, with $1,200,000 in grants. The full list of funders is on this page.
How can an organization like GREYSTON FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Greyston →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 74 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing