si b & trust foundation

“Contributing to Support the

Quali ty of Life in the

Communities We Serve”

SI BANK & TRUST FOUNDATION

Biennia l Repor t

F isca l Years 2000 & 2001

S I B A N K & T R U S T F O U N DAT I O N O F F I C E R S A N D D I R E C T O R S

OfficersHarry P. Doherty, Chairman and President

Elizabeth Dubovsky, Executive Director

Allan Weissglass, Vice President

John R. Morris, Treasurer

Patricia J. Smith, Secretary

DirectorsArthur Decker

Alice Diamond

Harry P. Doherty

John G. Hall

Denis P. Kelleher

John R. Morris

Allan Weissglass

StaffElizabeth Dubovsky, Executive Director

Emily Godino, Secretary

“We are building the capacity of local

organizations to better serve increasing

numbers of people in our communities.”

SI Bank & Trust Foundation (“Foundation”) seeks to help improve the quality of life in the

communities served by SI Bank & Trust . Grants are made to eligible organizations in the areas

of education, health, human services, ar ts and culture, community development and housing.

Grants will be made only to organizations organized and operated exclusively for charitable or

educational purposes.

The purpose of the Foundation is to promote charitable and educational activities within the

meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, including, but

not limited to, the following:

(a) Making awards, grants or other distributions to expand home ownership opportunities and

provide access to affordable rental housing;

(b) Supporting youth development programs to improve life options through education and

work skills;

(c) Supporting community organizations that contribute to the quality of life in the communities

served by SI Bank & Trust .

Mission & Objectives

S I B A N K & T R U S T F O U N DAT I O N - 1

Changed lives. At SI Bank & Trust Foundation we know that’s the bottom line result for our nonprofit organizations.

With great respect, we’ve witnessed, supported and cheered hundreds of varied community groups in their efforts to

improve human behavior, circumstances, health, hopes, competence or capacity.

As SI Bank & Trust Foundation (formerly SISB Community Foundation) completed its fourth f iscal year, its role in

helping organizations more effectively improve those results has come into clearer focus. Building the capacity of

organizations to better effect increasing numbers of lives takes many forms.

We have increasingly linked organizations to management/technical assistance and have supported strategic planning,

program evaluation and improved fundraising programs through support for training and staff ing. We have funded

capital programs for equipment as well as new facility construction, renovation, restoration, repair and expansion. Our

recognition of the need for multi-year funding and general operating support has not wavered even as we increasingly

support programs of direct service and welcome innovative programs breaking ground in social change.

SI Bank & Trust Foundation is a member of several networks of funders and is pleased to partner in funding collabora-

tives to bring increased resources to benefit our communities. Frequently the initial lead funder of local groups, we are

pleased that our foundation’s due diligence in review and selection of programs of value consistently leverages additional

f inancial support for these programs.

Commitment to the underserved and least advantaged is this foundation’s top priority and we are proud to be launch-

ing the Initiative for School Success. Our high impact grant will concentrate funding to improve the academic performance

of a low income, low performing public school through the services of community-based organizations and staff ing for

intensive parent outreach and support . Helping our poorest children and youth succeed is paramount and we stand

Message of the Chairman and Executive Director

“Commitment to the underserved and least advantaged is this foun-dation’s top priority and we are proud to be launching the Initiative for School Success.”


Elizabeth DubovskyExecutive Director

Harry P. DohertyChairman & President

ready to support the replication of a school reform program that successfully engages, supports and helps parents

contribute to school success.

The following pages tell our story in the faces of changed lives, the comments of grantees, the lists of grants and

organizations funded and, most clearly—the numbers. By June 30, 2001 Foundation assets totaled over $53 million. Our

organizations-supported list now tops 400. Assets and annual giving has climbed and total giving is nearly $6.5 million.

The foundation’s territory has grown as well, mirroring the growth of SI Bank & Trust, which funded this organization in

1997 to expand the bank’s long, extensive history of local community support . Our giving now extends beyond Staten

Island and Bay Ridge, Brooklyn to include Bensonhurst, Brooklyn and the New Jersey counties of Ocean, Monmouth,

Middlesex and Union.

We continue to be gratif ied at what this Foundation has enabled, and excited about the possibilities. Our dedicated

board continues to model philanthropic leadership in maintaining standards of giving apart from individual or special

interests. Together, we will continue to listen. We will continue to care. And, most importantly, we will continue to help

strengthen the capacity of our local organizations to improve the quality of our lives and of our communities.

“Since the Foundation began supporting ‘Dancing Over Walls’

two years ago, it has enriched the lives and futures of 62 gifted

but economically disadvantaged children by giving them an

opportunity to embrace riches in the performing arts they might

never have found. The middle-class and affluent children with

whom they studied also crossed their own walls of apprehen-

sions about other children who are different . With dance as

their common denominator, they’ve all begun quenching youth’s

enormous thirst for breaching unknowns.”

Ellen Tharp, Executive Director, Staten Island Ballet Theater

“Demographics show that the number of elderly on Staten

Island will grow rapidly and Meals on Wheels of Staten Island,

Inc. with its new kitchen facility will be able to provide for

increases in need for services.”

Loretta McGinn, President, Meals on Wheels, Inc.

“SI Bank & Trust Foundation is a partner in local development

across all kinds of constituencies. An approachable institution,

the Foundation can assess the problem presented, evaluate the

organization’s approach to a solution and provide the support

for solutions that impact our community’s future. For arts &

cultural organizations with limited access to other sources this

is an invaluable resource.”

Laura Jean Watters, Executive Director, Council of Arts and

Humanities of Staten Island

“The grant to our Community Outreach Ministry for much

needed repair work enabled us to continue our two soup

kitchens, food pantry, Kids Café Youth Program, fresh vegetables

and clothing distribution, nutrition and health workshops and

our Seniors Care Program.”

Mamie Daniels, Director, Community Outreach Ministry, Stapleton

Union American Methodist Episcopal Church.


“SI Bank & Trust’s support has helped make Christopher House

available to the public. The grant has been important in pro-

viding leverage for the Society in raising additional support

for the project . As a result, the restoration is now to a point

permitting use in historical presentations, as well as a living

example of the restoration work at Historic Richmond Town.”

John W. Guild, Executive Director, Historic Richmond Town

“Caring for our autistic population is an extremely difficult and

costly endeavor. It is our hope that with the newly appointed

Director of Development we will be able to meet this challenge

head on, and engage in a major fund raising campaign. Without

this added income, our agency could not possibly continue

to provide the extra services that have proven to be such a

tremendous asset to our consumers, their parents and their

extended families as well.”

Ronnie DiGiacomo, Director of Community Relations, Eden II School

“I will change the way I treat other people because of the lessons

that I learned. I will respect other people more. I will help

people more. I will not be mean to other people anymore.”

Student, Prejudice Reduction Program, RSVP/SERVE

“Your support has been instrumental in fulfilling our equipment

needs at the Quintard Center (for developmentally disabled) on

a number of different levels. Your investment in AVSP has not

only enabled us to acquire needed technological equipment,

it also served to inspire other foundations to help make our

dream of a unique community resource center a reality.”

Genevieve R. Benoit, Executive Director, A Very Special Place, Inc.

Application Guidelines

Guidelines

Grants are made to eligible organizations in the communities served by SI Bank & Trust . Funding areas include education; health and

human services—especially youth development, housing; ar ts and culture; and community development .

Applicants should contact the foundation office for timesaving application assistance by discussing potential requests with the Executive

Director. Applicants will be advised as to the appropriateness of requests based on current foundation priorities. The Executive

Director reviews all completed requests. Contacting board members to discuss requests is viewed negatively and is discouraged.

The foundation funds capital requests, general operating requests, project requests and technical assistance. The maximum level grant

awarded is $150,000 over three years. After three continuous years of funding, an organization may not apply for at least one year.

General operating requests, other than event support, are considered for one year only.

Grants are made only to 501c(3) organizations operated exclusively for charitable or educational purposes. We are required to

verify this tax-exempt status. If needed, please contact the Foundation for a copy of a form letter to request a copy of your Letter

of Determination from the IRS.

Requests of $5,000 and over must be submitted using the SI Bank & Trust Foundation Grant Application, following the proposal

format and including the supporting documents listed. Please submit one (1) copy of the completed “Request for Grant” form with

an original signature along with the proposal and other supporting documents. The Common Application Form for New York and

New Jersey is acceptable.

Proposals are reviewed throughout the year. There are no deadlines for submission but there are limits and requirements that apply.

As stated, contact the Foundation off ice for guidance and to obtain an application. Applications may also be downloaded from the

website at www.sibk.com, in the “About Us” section.

Site visits are made to organizations with proposals to be considered by the Board of Directors. For approved grants, a report is

required at the close of a year of funding.

Limitations

Multiple requests for event sponsorships and journal ads from a single organization will not be accepted. Organizations are asked to

submit one (1) request for all events planned during the Foundation’s f iscal year, which begins July 1 and ends June 30th. Organizations

with multiple divisions, units or teams are asked to send one request from the organization leader for all units.

Contributions generally will not be made:

• For renovations/repairs to places of worship • To cemetery associations

• To solicitors on behalf of an organization (organization leadership only) • To animal welfare groups

• For yearbook ads • To fraternal and veterans organizations

• To private foundations or individuals • To business, professional and civic associations or clubs

• To political causes, candidates or lobbying efforts • For tickets to fundraising events

• For research

Funding Areas:

Education

Human Services

Art and Culture


Grants of $5,000 and Over

A Very Special Place—For the Quintard Center Equipment & FurnitureAmerican Cancer Society Staten Island Area—For the Making Strides Against Breast Cancer eventAmerican Heart Association—For the American Heart Walk eventBeacon of Hope House—To underwrite a Job Coach for The Lighthouse LaborersBen Amarfio International Sports Company, Inc.—For a van for the Coaching on Wheels After School ProgramBloomfield Conservancy—For preservation and beautif ication of land surrounding the Corporate ParkBorough Hall Centennial Restoration—For restoration of the f irst f loor of Borough HallBoy Scouts of America—For general support of scouting to at-risk youth in Brooklyn and Staten IslandBoys Hope Girls Hope—For general support of the home for abused and neglected boys on Staten IslandCalvary Worship Center—For capital needs of the community centerCamelot Counseling Centers—For furniture for the young male residential programCatholic Youth Organization—For the purchase of a van for CYO centers and for bus service for non-ambulatory childrenCentral Family Life Center—For the purchase and f irst year operating expenses of a used passenger vanChrist Church—For a youth director for low income minority youth of the neighboring communityChurch of Our Lady of Pity—For renovation and conversion of multi-use building to a community athletic facilityCommunity Resources—For general support through an anniversary journal sponsorshipCommunity Service Society—For a professional evaluation of RSVP’s Prejudice Reduction ProgramCouncil on the Arts and Humanities for Staten Island—For capital needs related to off ice relocation and technology upgradeFranciscan Handmaids of Mary Camp St . Edward—For maintenance and renovations of the campFree Spirit Summer Youth Program—For general support of the Summer Youth ProgramFriends of Alice Austen House—For the Strategic Planning Program and for event supportFund for Public Schools/District 31—For the Newspapers in Education ProgramGirl Scout Council of Greater New York—For the Staten Island School Break Program for low income girls in Staten IslandGlobal Kids—For the Power of Citizenry Community Building Program at Curtis High SchoolGreenbelt Conservancy, Inc.—For the professional evaluation of Conservancy operations and managementHoly Trinity-St . Nicholas Greek Orthodox Church—For interior work for new Hellenic Cultural Community CenterImmaculate Conception School—For repair and painting of the water-damaged classroom and hallway wallsJacques Marchais Museum of Tibetan Art—For funds needed to attract a museum professionalJewish Board of Family & Children’s Services ( JBFCS)—For renovations of Geller HouseJewish Community Center of Staten Island—For the new flagship facility and for the Maccabi Games 2000Juvenile Diabetes Foundation International—For the Walk to Cure Diabetes eventMarch of Dimes—For support of multiple eventsMarlboro Educational Foundation—For innovative educational projectsMcKee Vocational and Technical High School—For the Marketing, Merchandising & Management Institute and for the Robotics TeamMeals on Wheels of Staten Island—For a new kitchen facilityMoore Catholic High School—For renovation of the science laboratoriesNational Lighthouse Center and Museum—For a development director and for the mooring of the Nantucket LightshipNeighborhood Housing Services—For the Senior Certif icates Program and Home Maintenance Training ProgramNew Destiny Housing Corporation—For general support of the Staten Island emergency facility for domestic violence survivorsNew York Urban League—Staten Island Branch—For the Skills, Tools, Activities for Youth (STAY) ProgramNorthfield Community Local Development Corporation—For general support of housing and community revitalization programsNotre Dame Academy—For a development off ice with necessary hardware and softwareNYC Junior Golf Club—For golf programs for underprivileged youth aged 6-17Our Lady Queen of Peace Church—For renovation of Hopkins Hall Community CenterPolice Athletic League—For the Summer in the City programPower Moves, Inc. Breaking Down Barriers—For an educational/employment experience to at-risk youth in the After-After School

ProgramRichmond Senior Services, Inc.—To establish the Senior Food Mart and information centerRoza Promotions, Inc.—For an After-School Tutorial and Homework Assistance Program & for an African Cultural Song &

Dance ProgramS.I. Community Television—For the Kids Corner programS.I. Economic Development Corporation—For a new program for minority & women owned businessesS.I. Employment Education Consortium—For the purchase of computers and for a full time computer teacherSaint Joseph by-the-Sea High School—For the construction of a mini-theater/auditoriumSaint Vincents Catholic Medical Centers—For annual and event support

Grants of $5,000 and Over (continued)

Seamen’s Society for Children and Families—For the Education Bound Program and for the LABB-Children’s Computer CenterSenior Housing Resource Corporation—For a property/program developer for low-income and senior housingSeton Foundation for Learning—For construction expense of the new high schoolSisters of Charity Housing Development Corporation—For development of affordable senior housingSnug Harbor Cultural Center—For the Music Hall Endowment Campaign and for general operating supportSt . John Villa Academy—For 40 laptop computers for the “Anytime, Anywhere Learning” programSt . John’s University—For New Learning Environments InitiativeSt . Mary of the Assumption Parish—For repair of the building which houses community programsSt . Paul’s Church—For event supportSt . Peter’s Boys High School—For construction of a 10,000 sq. ft . addition to the schoolSt . Vincent’s Services—For the pilot Learning CenterStapleton Union American Methodist Episcopal Church—For repairs benefiting the community outreach ministryStaten Island Ballet Theater—For the “Dancing Over Walls Program” for inner city childrenStaten Island Botanical Garden, Inc.—For capital costs of the Chinese Scholars GardenStaten Island Historical Society—For restoration of Christopher House at Historic Richmond Town and for general operating supportStaten Island Institute of Arts and Sciences—For the 1999/2000 exhibitionsStaten Island Rebels Athletic Association—For operating support for site rental feesStaten Island Symphony—For an additional concert for f iscal year 2001 and for general operating supportStaten Island University Hospital—For capital support of the Heart InstituteStaten Island YMCA—For the Capital Campaign for KidsStaten Island Zoological Society—General support for exhibits and the calendarTemple Israel—For general operating support of community programsThe Children’s Aid Society-Goodhue Center—To renovate one of S.I.’s oldest pools and for the Summer in the City programThe College of Staten Island Foundation—For the Strategies for Success program for minority and disadvantaged students and for

general supportThe Eden II School for Autistic Children, Inc.—For a development directorThe Joey DiPaolo AIDS Foundation, Inc.—For the Camp TLC program for teens with HIV/AIDSThe John A. Noble Collection—To design and install exhibitions for the museum openingThe New York Pops—For a free concert at Snug HarborThe Salvation Army of Greater New York—For the CREST program for preschool children and their mothersThe Staten Island Children’s Campaign—For annual supportThe Visiting Nurse Association of Staten Island—For the VNA Mobile Health Unit and for event supportTownship of Howell—For the Echo Lake Park RestorationTraditions House Inc.—For general operating supportUnited Activities Unlimited, Inc.—For the Summer in the City programUniversity Hospice—For the Meditation GardenVanderbilt Avenue Moravian Church—For renovations to provide more space for YMCA clinical programsVolunteers of America—For computers and printers for pre-school developmentally delayed childrenWagner College—For a van and driver for the Experiential Learning ProgramYPIS of Staten Island—For capital needs related to off ice expansion and relocation and for planning of the Initiative for School Success


Organizations Funded

100 Year Association of New York120 Precinct Community Council92nd Street YA Very Special PlaceAAOG Autism Advocacy Outreach GroupACB Housing Partners FoundationAccreditation Board For Engineering and Technology, Inc.Achilles Track ClubAgudath Israel of Staten Island-Bais EliezerAIDS Project Los Angeles, Inc.All Saints’ Episcopal ChurchAlzheimer’s AssociationAmerican Cancer Society—Staten Island AreaAmerican Cancer Society—Ocean UnitAmerican Committee on Italian MigrationAmerican Heart AssociationAmerican Red Cross—Brooklyn ChapterAmerican Red Cross—Staten Island ChapterAmerican Red Cross in Greater New YorkAmerican Woman’s Economic Development Corp.Amethyst House Inc.Amyotropic Lateral Sclerosis AssociationAncient Order of Hibernians—Division #1Angel Guardians for the Elderly, Inc.Archbishop Molloy High SchoolArthritis Foundation, New York ChapterArthur D. Phillips Scholarship FundAssociation in Manhattan for Autistic ChildrenAssociation of Fundraising ProfessionalsBais Halevy Congregation & Torah CenterBais Kaila Torah Preparatory High SchoolBaseball Assistance TeamBay Ridge Community CouncilBay Ridge Festival of the ArtsBay Ridge Parks & Waterfront Council Inc.Bayley Seton HospitalBeacon of Hope HouseBen Amarfio International Sports Company, Inc.Beth Jacob of Boro ParkBethel United Methodist ChurchBeulah Church on the RockBezalel Yeshiva of LakewoodBig Brothers Big Sisters of New York CityBloomfield ConservancyB’nai B’rith—Staten Island Lodge No. 1434Borough Hall Centennial RestorationBoy Scouts of AmericaBoys and Girls Harbor, Inc.Boys Hope Girls HopeBRAVO-Volunteer Ambulance Service, Inc.Brick Police Athletic LeagueBrick Township First Aid SquadBrighton Heights Reformed ChurchBrooklyn Bureau of Community ServiceBrooklyn Center for the Performing Arts at Brooklyn CollegeBrooklyn Sports FoundationBrooklyn Tech FoundationBrooklyn Youth ChorusCadets Baseball Club, Inc.Cal Ripken Baseball League of Great KillsCalvary Worship CenterCamelot Counseling CentersCancer Care, Inc.CAPP—Child Abuse Prevention ProgramCatholic Charities—Archdiocese of New YorkCatholic Charities—Diocese of Brooklyn & QueensCatholic Guild for the BlindCatholic Teachers Association of the Diocese of BrooklynCatholic Youth Organization

Center for Migration StudiesCentral Family Life CenterCerebral Palsy of Monmouth & Ocean CountiesChrist ChurchChristian Herald Association (The Bowery Mission/Kids With A

Promise)Church of Our Lady of PityChurch of St . Joseph—St . ThomasChurch of St . RitaChurch of the Blessed SacramentCitizens Housing & Planning CouncilCity Parks FoundationCoalition for Asian American Children & FamiliesColumcille Cultural CenterCommunity Agency for Senior CitizensCommunity Development Corporation of Long IslandCommunity ResourcesCommunity Service SocietyConcord Community Development CorporationCongregation Agudath Achim Anshe ChesedCongregation Ahavas Chesed—Yeshiva K’tana of LakewoodCongregation Ahavat Achim—Jewish Community CenterCongregation Ahavat ShalomCongregation B’nai IsraelCongregation B’nai JeshurunCongregation Temple Emanu-ElCongress of Racial Equality (C.O.R.E.)Congressional Black Caucus FoundationCooley’s Anemia Foundation, Inc.Council of Jewish Organizations of Staten IslandCouncil of New Jersey GrantmakersCouncil on the Arts and Humanities for Staten IslandCranford High SchoolCranford Junior Woman’s ClubCrisis Pregnancy Center of New YorkCross-Road Foundation, Inc.Curtis High SchoolDaughters of St . PaulDeborah Hospital FoundationEast Brunswick Rescue SquadEducate the Children Foundation, Ltd.Educational Opportunity Fund Inc.Eger Lutheran Homes and ServicesEnrichment Through The Arts, Inc.FAAP Foundation for the Advancement of Autistic PersonsFamily Service of WestchesterFieri NationalFifth Avenue CommitteeFontbonne Hall AcademyFranciscan Handmaids of Mary Camp St . EdwardFree Spirit Summer Youth ProgramFriends of Alice Austen HouseFriends of Blue Heron ParkFriends of Claypit Pond Preserve Inc.Friends of RSVPFriends of the Cranford Public LibraryFund for Public Schools/District 31Futures in Education, Our Lady of Sorrows SchoolGeorge L. Egbert Intermediate SchoolGirl Scout Council of Greater New YorkGlobal KidsGood Counsel Inc.Grace Foundation of New YorkGreat Kills Little LeagueGreat Kills Memorial Day Parade CommitteeGreater New York March of DimesGreenbelt Conservancy, Inc.Helen Keller Services for the BlindHellenic Times Scholarship Fund

Organizations Funded (continued)

Holy Cross Greek Orthodox ChurchHoly Trinity-St . Nicholas Greek Orthodox ChurchHome Instruction SchoolsHospital Audiences Inc.—Music That HealsHowell High School Parent & Teachers AssociationIglesia Pentecostal Rehoboth, Inc.Immaculate Conception SchoolInstitute for Basic Research in Developmental DisabilitiesInternational Christian CenterIrish Educational Development Foundation, Inc.Island FundItalian Club of Staten Island FoundationJacques Marchais Museum of Tibetan ArtJewish Board of Family & Children’s Services (JBFCS)Jewish Community Center of Staten IslandJewish Learning Center of Monmouth CountyJunior Achievement of New YorkJuvenile Diabetes Foundation InternationalKorean School of Staten IslandLakewood High School Alumni Association, Inc.Latino Civic AssociationLawyers Alliance for New YorkLeukemia & Lymphoma Society of America, Staten Island UnitLt . Nick Lia Youth FoundationLynne Robbins Steinman FoundationMarian WoodsMarine Corps Scholarship FoundationMarlboro RecreationMarlboro Educational FoundationMcKee Vocational and Technical High SchoolMeals on Wheels of Staten IslandMesivta Ohr ChodoshMesivtha Tifereth/Yeshiva of S.I.Middlesex County College FoundationMonsignor Farrell High SchoolMoore Catholic High SchoolMosdos SkolyaMS Society of New YorkMuscular Dystrophy AssociationMusic Outreach, Learning Through Music, Inc.NAMI-NYC Staten IslandNational Council of Negro Women, Inc.National Executive Service CorpsNational Housing InstituteNational Lighthouse Center and MuseumNeighborhood Housing ServicesNew Destiny Housing CorporationNew Dorp High SchoolNew Radio and Performing Arts, Inc.New York Blood CenterNew York District Kiwanis FoundationNew York Housing Conference and National Housing ConferenceNew York Lighthouse Vision Rehabilitation ServicesNew York Urban LeagueNew York Urban League—Staten Island BranchNorthfield Community Local Development CorporationNotre Dame AcademyNYC Junior Golf ClubNYRAG New York Regional Association of GrantmakersOak Hill AcademyOakwood Heights Community ChurchOcean County College Fine Arts CenterOcean County Girl Scout CouncilOcean County Jewish FederationOHEL Children’s Home & Family ServicesOlivet Presbyterian ChurchOur Lady Help of Christians ParishOur Lady of Guadalupe SchoolOur Lady of Mt . Carmel-St . Benedicta Church

Our Lady Queen of Peace ChurchOur Lady Star of the SeaOzanam Geriatric FoundationP.A.L. DiamondsPolice Athletic LeaguePaper Mill PlayhouseParents Without Partners/S.I. Chapter 117Pop Warner Little Scholars Inc.Power Moves, Inc. Breaking Down BarriersPro Musica Corp.Project B.U.I.L.D. of Richmond CountyProject HospitalityPro-Life Elderly & Homebound ClubPS 1 PTAPublic School 8Public School 35Public School 38Public School 45Public School 57Queens Child Guidance CenterQueensborough Community College Fund, Inc.Rainbow’s HopeRaritan Bay Healthcare FoundationReach Out For YouthRegis High SchoolRichard H. Hungerford SchoolRichmond Choral SocietyRichmond County Symphony OrchestraRichmond Engine Co. No. 1Richmond Home Needs ServicesRichmond Senior Services, Inc.Riverside Opera CompanyRobert Lowney Memorial FoundationRocco Laurie Intermediate School 72 PTARossville A.M.E. Zion Church Men’s & Women’s ClubRoza Promotions, Inc.S.I. Center for Independent LivingS.I. Community Services Inc.S.I. Community TelevisionS.I. Economic Development Corp.S.I. Employment Education ConsortiumS.I. Sharks Hockey ClubSaint Adalbert R.C. ChurchSaint Anselm Home School AssociationSaint Charles RectorySaint Charles SchoolSaint George’s Syrian Orthodox ChurchSaint John’s Episcopal ChurchSaint Joseph by-the-Sea High SchoolSaint Vincents Catholic Medical CentersSea View Hospital Rehabilitation Center & HomeSeamen’s Society for Children and FamiliesSeaside Beautif ication & Wildlife Protection AssociationSenior Housing Resource CorporationSeton Foundation for LearningSettlement Housing FundShalom Torah CentersShiloh African Methodist Episcopal Zion ChurchSisters of Charity Housing Development CorporationSisters of Charity of New YorkSixth Street Missionary Baptist ChurchSkating Club of New YorkSky Light CenterSnug Harbor Cultural CenterSolomon Schechter Day School of Greater Monmouth CountySouth Richmond I.S./H.S.South Shore Babe Ruth LeagueSouth Shore Little LeagueSpringfield Lodge B’nai B’rith

S I B A N K & T R U S T F O U N DAT I O N - 1 1

St . Ann’s SchoolSt . Bernardino SocietySt . Christopher-OttilieSt . Christopher’s ChurchSt . Ephrem’s Home School AssociationSt . Francis CollegeSt . Gabriel’s ChurchSt . John Baptist De La Salle ChurchSt . John Villa AcademySt . John’s Episcopal ChurchSt . John’s UniversitySt . Joseph’s CollegeSt . Margaret Mary SchoolSt . Mark’s United Methodist ChurchSt . Mary of the Assumption ParishSt . Nicholas Home, Inc.St . Patrick’s R.C. ChurchSt . Patrick’s School Parent OrganizationSt . Paul’s ChurchSt . Peter’s Boys High SchoolSt . Peter’s High School for GirlsSt . Peter’s R.C. ChurchSt . Philip’s Baptist ChurchSt . Stanislaus Kostka ChurchSt . Sylvester ChurchSt . Veronica’s ChurchSt . Vincent’s ServicesStapleton Tenant AssociationStapleton Union American Methodist Episcopal ChurchStaten Island AcademyStaten Island AIDS Task Force, Inc.Staten Island Ballet TheaterStaten Island Botanical Garden, Inc.Staten Island Branch #2227 NAACPStaten Island Chapter of HadassahStaten Island Children’s MuseumStaten Island Federation of Catholic School ParentsStaten Island Federation of Parent Teacher AssociationsStaten Island Fleet Week Inc.Staten Island Friends for Hospice CareStaten Island Historical SocietyStaten Island HopeStaten Island Institute of Arts and SciencesStaten Island Inter-Agency Council For Aging, Inc.Staten Island Lightning Basketball ClubStaten Island Mental Health SocietyStaten Island Minority Civic AssociationStaten Island Padres Athletic AssociationStaten Island RangersStaten Island Rebels Athletic AssociationStaten Island Rotary FoundationStaten Island Special OlympicsStaten Island SymphonyStaten Island Technical High SchoolStaten Island University HospitalStaten Island YMCAStaten Island Zoological SocietySuburban Community Music CenterSusan Wagner High SchoolTake-a-kid-Fishing, Inc.Temple Beth AmTemple HillelTemple IsraelTerence Cardinal Cooke Health Care CenterThe American Ireland FundThe Archaeology Society of Staten IslandThe Artists’ FederationThe Billy Jasko Scholarship FundThe Brooklyn Hospital Foundation

The ChederThe Children’s Aid Society-Goodhue CenterThe Church of the Holy ChildThe College of Staten Island FoundationThe Eden II School for Autistic Children, Inc.The Epilepsy FoundationThe First Presbyterian Church of Staten IslandThe Foundation CenterThe Guild for Exceptional Children, Inc.The Joey DiPaolo AIDS Foundation, Inc.The John A. Noble CollectionThe Korean American Senior Citizens AssociationThe Korean-American Association of Staten IslandThe Mud Lane SocietyThe Municipal Art Society of New YorkThe National Neurofibromatosis Foundation, Inc.The New York PopsThe Power House Church of Healing & DeliveranceThe Puerto Rican Family Institute, Inc.The Salvation Army of Greater New YorkThe Sass Foundation for Medical ResearchThe School for Children with Hidden IntelligenceThe Staten Island Chamber Music Players, Inc.The Staten Island Children’s CampaignThe Unitarian Church of Staten IslandThe Visiting Nurse Association of Staten IslandThe Youth Service League, Inc.Theatre Rehabilitation for YouthToastmasters International—Area 91 Division I District 46Totten Intermediate School 34Tottenville High SchoolTourette Syndrome Association, Inc.Tower of Refuge & StrengthTownship of HowellTraditions House Inc.Travis Fourth of July CommitteeTrif les to Treasures, Inc.UJA Federation of Staten IslandUnion County Economic Development CorporationUnited Activities Unlimited, Inc.United For Wildlife Rehabilitation CenterUnited Hospital FundUniversity HospiceVaad L’Hatzolas Nidchei YisroelVanderbilt Avenue Moravian ChurchVictory Memorial HospitalVisions/Services for the Blind and Visually ImpairedVisiting Nurse Association of Long IslandVolunteers of AmericaWagner CollegeWest Brighton Community Local Development CorporationWest Shore Little LeagueWheelchair Charities, Inc.Xaverian High SchoolYeshiva Ahavas TorahYeshiva Degel HatorahYeshiva Machzikei HadasYeshiva of Central QueensYeshiva Zichron MeilechYeshivat Chasem Sofer M. PressburgYoung Israel of Ocean ParkwayYoung Israel of Staten IslandYPIS of Staten IslandZichron Shlome Refuah Fund

Statement of Financial Position (Modified Cash Basis)June 30

2001 2000

AssetsCash and cash equivalents ..................................................................................................................................... $ 132,229 $ 125,616Investments, at market value (note 2) ........................................................................................................... 53,610,387 34,784,030Prepaid Federal excise tax..................................................................................................................................... 13,650 17,650

Total assets ..................................................................................................................................................... $53,756,266 $34,927,296

Liabilities and Net AssetsLiabilities

Grants payable......................................................................................................................................................... $ 637,500 $ 770,000Accrued expenses ................................................................................................................................................. 18,500 20,300

Total liabilities ................................................................................................................................................ 656,000 790,300

Unrestricted net assets............................................................................................................................................ 53,100,266 34,136,996

Total liabilities and net assets .............................................................................................................. $53,756,266 $34,927,296

Statement of Activities (Modified Cash Basis)Year Ended June 30

2001 2000

Support and revenueDividends..................................................................................................................................................................... $ 1,114,200 $ 923,156Interest.......................................................................................................................................................................... 6,031 5,590

Total support and revenue................................................................................................................... 1,120,231 928,746

ExpensesGrants ........................................................................................................................................................................... 1,873,466 2,364,750

Administrative and generalOffice expenses................................................................................................................................................. 99,595 99,826Professional fees................................................................................................................................................ 40,843 25,270Custodian fees.................................................................................................................................................... 50,000 41,019Federal excise taxes and f iling fees ....................................................................................................... 19,750 17,690Insurance................................................................................................................................................................ 6,443 3,755Dues and subscriptions................................................................................................................................. 396 637Miscellaneous ...................................................................................................................................................... 1,852 2,314

Total administrative and general........................................................................................................ 218,879 190,511

Total expenses.............................................................................................................................................. 2,092,345 2,555,261

(Deficiency) of revenue over expenses before net realized and unrealized gain (loss) on investments....................................................................................... (972,114) (1,626,515)

Net realized gain on investments ...................................................................................................................... 525,912 380,728Net unrealized gain (loss) on investments................................................................................................... 19,409,472 (1,160,086)

Increase (decrease) in unrestricted net assets ......................................................................... 18,963,270 (2,405,873)Unrestricted net assets, beginning of year................................................................................................... 34,136,996 36,542,869

Unrestricted net assets, end of year ............................................................................................................... $53,100,266 $34,136,996

Financial Statements

Des

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19%

17%

6%

58% Human Services includingHousing & Health

Civic, Community, Environment

Education

Arts & Culture

Grants Approved by Organization TypeAs of June 30, 2001

50%

1% 1%

18%

30%

Capital Fund Support

Scholarship Support Technical Assistance

Program Support

General Operating Support

Grants Approved by Support TypeAs of June 30, 2001

P.O. Box 41275

Staten Island, New York 10304

718.556.1381 Phone

718.556.1732 Fax

Thank you to the following organizations forthe photographs used in this report:

Christ Church of New BrightonCommunity Service Society - RSVP/SERVEGreenbelt ConservancyJewish Community CenterMeals on Wheels of Staten IslandRichmond Senior ServicesS. I. Employment Education ConsortiumSaint Vincents Catholic Medical CentersStapleton Union American Methodist ChurchStaten Island Ballet TheaterStaten Island Zoological SocietyTraditions House

si b & trust foundation

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