Richmond County Savings Foundation
Richmond County Savings Foundation is a private foundation based in Staten Island, New York, established in 1998. The foundation operates as a 501(c)(3) organization with a mission to share the financial success of Richmond County Savings Bank with the community through philanthropic giving.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$26.4M
-52.7% YoY
Annual Giving
$685K
-68.0% YoY
Grant Count
29
-78.7% YoY
Avg Grant Size
$24K
+50.0% YoY
Mission & Focus Areas
The foundation supports programs designed to advance educational opportunity, enrich cultural development, and strengthen health and human services. Primary funding areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation also operates specialized grant initiatives:
RCSF Green Challenge Initiative: Awards grants up to $20,000 to nonprofit organizations engaged in green initiatives that improve the environment, with special emphasis on block and lot clean-ups, neighborhood plantings, environmental improvements, and green roof or solar panel projects.
Capital Initiatives: Awards grants up to $50,000 to support construction, renovation, and enhancements for "bricks and mortar" type projects. Applicants must have 75% of funding requirements already committed, architectural plans and permits secured, and submit requests within 12 months of project commencement.
Grantmaking
The foundation currently has 2 active grant opportunities: RCSF Grants and RCSF Board Grants.
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Geographic Focus
Where this funder awards grants
The foundation primarily supports communities in New York, New Jersey, and Florida, with particular emphasis on Staten Island, Brooklyn, the Bronx, and New York City.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2023)
- Total assets: $55,965,292
- Total revenues: $3,555,335
- Total expenses: $2,584,648
- Number of employees: 3
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $26,446,561 | $55,965,292 | $46,871,044 |
| Revenue | $2,370,082 | $3,555,335 | $3,536,451 |
| Expenses | $1,221,163 | $2,584,648 | $2,294,657 |
| Qualifying Distributions | $1,448,666 | $2,879,472 | $2,828,234 |
| Net Investment Income | $1,869,112 | $3,478,356 | $3,283,002 |
| Distributable Amount | $1,428,776 | $2,726,253 | $2,583,052 |
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
229 grants across all recorded years
Open Grants
2 open opportunities from Richmond County Savings Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CESAR J CLARO | EXE. DIRECTOR | 30 | $245,799 |
| GAIL DONOVAN | PRESIDENT & CEO FROM APRIL 2024 | 4 | — |
| THOMAS R CANGEMI | TREASURER THROUGH APRIL 2024 | 4 | — |
| GODFREY H CARSTENS | DIRECTOR | 1 | — |
| DOMINICK CIAMPA | DIRECTOR | 1 | — |
| ALFRED B CURTIS JR | DIRECTOR | 1 | — |
| CAROLINE HARRISON | DIRECTOR | 1 | — |
| HANIF DAHYA | DIRECTOR | 1 | — |
| JAMES L KELLEY | DIRECTOR | 4 | — |
| MICHAEL F MANZULLI | DIRECTOR | 4 | — |
| ANTHONY SANTO | TREASURER FROM APRIL 2024 | 4 | — |
| JAMES J O'DONOVAN | DIRECTOR | 1 | — |
Contact Information
Address: 900 South Ave Executive Suite 17, Staten Island, NY 10314-3418
Phone: (718) 568-3631 or 1-718-568-3618
Website: www.rcsf.org
Email: staff@rcsf.org
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Richmond County Savings Foundation on Grantable?
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