New York · Nonprofit
THE STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC
THE STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC (New York) receives grants from 7 organizations whose IRS filings report $766,468 to it, the largest being New York City Partnership Foundation Inc ($453,984). 3 of them have funded it in more than one year.
- Revenue FY2024
- $1.3M
- Funders on record
- 7
- Grants received
- $766k
- Net assets
- $3.3M
What The Staten Island Chamber of Commerce Foundation Inc does
Mission
Staten island chamber of commerce foundation, inc., hereinafter referred to as the foundation, has been created to support and advance small business development and business technology development of the staten island community through charitable educational programs and commercial revitalization programs that lessen the burdens of government.
As stated on its FY2024 Form 990.
Programs
Downtown staten island business improvement district (bid) formation originally funded under the new york city department of small business services' (sbs) neighborhood 360 program to address downtown staten island revitalization, this initiative has transitioned to a bid formation grant. The foundation works with local stakeholders to guide the planning and implementation process required to establish a formal business improvement district. Efforts include community outreach, stakeholder engagement, and development of a bid plan to strengthen and sustain the area's commercial core through enhanced services, beautification, and long-term economic vitality. Downtown revitalization initiative (dri) wayfinding & branding project funded through new york state's downtown revitalization initiative, this project addresses one of downtown staten island's most significant challenges-navigating between its major gateways, attractions, and neighborhoods. Managed by the foundation, the project will implement a multi-modal wayfinding system that improves pedestrian, bicycle, transit, and vehicular navigation. Efforts include creating gateway signage, directional and orientation kiosks, retail…
$127,100 spent18% of program spendingSmall business resource network (sbrn) launched in 2020 as a collaboration between the five borough chambers of commerce, the partnership for nyc, and nyc economic development corporation (edc), the sbrn is now funded through nyc edc as part of the five borough chamber alliance. The program connects small businesses with resources such as financing, marketing, technology and e-commerce tools, legal assistance, and general business counseling. With the support of nyc council funding, the program prioritizes serving m/wbes and low-to-moderate-income communities, with multilingual capacity in over eight languages.
$188,204 spent27% of program spendingChamber on the go a mobile business support initiative that brings free resources directly to small businesses at their storefronts, helping owners access services without leaving their place of business.
$125,799 spent18% of program spendingChamber assist / workforce development this program connects small businesses with interns, fosters work-based learning opportunities, and provides job screening and placement assistance. The foundation maintains an active job board, facilitates partnerships between employers and educational institutions, and supports businesses in developing talent pipelines. Key partners include local high schools, colleges, workforce programs, and community-based organizations. Leading ladies collective (llc) a six-month leadership development program bringing together a cohort of 12 women-owned businesses and nonprofit executives. Participants receive training in financial literacy, marketing, technology, business development, and leadership, along with one-on-one mentoring, networking opportunities, and resources to strengthen their enterprises. Young entrepreneurs academy (yea) a national, afterschool program that transforms local high school students into real, confident entrepreneurs. Over the course of 16 weeks, students develop business ideas, conduct market research, write business plans, present to an investor panel, and launch their own companies. The foundation has graduated more…
$268,385 spent38% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $709,488.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 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.
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 $2.9M to $3.8M (+28%).
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.
Government-grant reliance: 2020 52% · 2021 64% · 2022 68% · 2023 69% · 2024 63%. Grants only. Government contracts and fees sit inside program revenue.
70% of THE STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.
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.
Board chair
Frank Scarangello Jr
Chairperson
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 4 funders, grant income fell $51k → $44k.
From the IRS filings of THE STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC’s funders (the co-funder graph). Top 6 of 7 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
THE STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC leans on a few funders — its largest provides 59% of grant income and the top three 99%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
37% 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 THE STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC.
Largest funder’s share by year: 2017 98% · 2018 100% · 2019 100% · 2020 87% · 2021 76% · 2022 58% · 2023 56% — 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.
Where its funders are
100% of THE STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC's grant income comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. 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.
Against its field
THE STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC runs a healthier operating margin than three-quarters of the 11,752 education nonprofits its size.
this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024
Organizations like THE STATEN ISLAND CHAMBER OF COMMERCE 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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
72% of spending goes to programs.
Governance
Public support
94%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Si Chamber of Commerce · exempt
Screen this organization
A dated, signed PDF of the compliance screen for THE STATEN ISLAND CHAMBER OF COMMERCE 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.
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 THE STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC?
- THE STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC (New York) receives grants from 7 organizations whose IRS filings report $766,468 to it, the largest being New York City Partnership Foundation Inc ($453,984). 3 of them have funded it in more than one year.
- How many funders does THE STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC have?
- IRS filings report 7 organizations giving $766,468 in grants to THE STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC, 3 of which have funded it in more than one year.
- Who is the largest funder of THE STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC?
- New York City Partnership Foundation Inc is the largest funder on record, with $453,984 in grants. The full list of funders is on this page.
- How can an organization like THE STATEN ISLAND CHAMBER OF COMMERCE 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 Staten Island Chamber of Commerce →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 7 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