Island Outreach Foundation Inc
Island Outreach Foundation Inc. is a private philanthropic organization based in Center Moriches, New York. Established in 2008, the foundation is a 501(c)(3) non-operating foundation dedicated to assisting nonprofit organizations, groups, and entities in accomplishing their stated missions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$19.0M
+2.1% YoY
Annual Giving
$1.6M
+14.9% YoY
Grant Count
42
-10.6% YoY
Avg Grant Size
$38K
+28.6% YoY
Mission & Focus Areas
The foundation's mission is to assist other organizations in achieving their goals with a focus on:
- Education
- Healthcare
- Environmental issues
- Quality of life issues
- General community needs
The foundation's major concentration is Suffolk County, New York.
Grantmaking
The foundation operates on a preselected-only basis, meaning it makes contributions only to preselected charitable organizations. Organizations interested in applying may download an application form and submit completed proposals by mail to:
Grant Range
$300–$775,000
Average Grant
amount: $40,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New York, with secondary activity in Illinois and Hawaii. Grantmaking is concentrated in New York, Kentucky, and the District of Columbia, which account for approximately 98% of all grants.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending May 2024:
- Total assets: $19,043,016
- Total annual giving: $1,580,398
- Total revenues: $2,298,316
- Total expenses: $1,872,935
- Giving rate: 8.4%
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $19,043,016 | $18,658,635 | $19,989,596 |
| Revenue | $2,298,316 | $316,926 | $2,168,344 |
| Expenses | $1,872,935 | $1,655,517 | $2,646,597 |
| Qualifying Distributions | $1,580,398 | $1,375,052 | $2,309,847 |
| Net Investment Income | $2,154,418 | $429,901 | $1,537,411 |
| Distributable Amount | $1,039,123 | $1,017,672 | $1,206,590 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
134 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Board of Directors:
- Dave Knapp, President
- Michele Knapp, Vice President
- Danielle Knapp-SanGiovanni, Secretary
- Jan Taraskas, Treasurer
- Jesse SanGiovanni
- Jerry Knapp
- Margaret King
- Allison Knapp
The foundation operates with limited staffing, with board members dedicating approximately one hour per week to foundation activities.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID KNAPP | DIRECTOR | 1 | — |
| JANICE TARASKAS | DIRECTOR | 1 | — |
| DANIELLE KNAPP SANGIOVANNI | DIRECTOR | 1 | $4,000 |
| MARGARET KING | DIRECTOR | 1 | $4,000 |
| MICHELE KNAPP | DIRECTOR | 1 | $4,000 |
| JESSE SANGIOVANNI | DIRECTOR | 1 | $4,000 |
| JERRY KNAPP | DIRECTOR | 1 | $4,000 |
| ALLISON KNAPP | DIRECTOR | 1 | $4,000 |
Contact Information
Mailing Address:
Island Outreach Foundation
PO Box 175
Blue Point, NY 11715
Physical Address:
150 Senix Avenue
Center Moriches, NY 11934
Phone: (631) 687-3406
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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