Richmond County Savings Foundation

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Richmond County Savings Foundation

Richmond County Savings Foundation Board of Directors

Gail Donovan
Michael F. Manzulli
Godfrey H. Carstens, Jr.
Alfred B. Curtis, Jr.
Caroline Harrison
James L. Kelley
Anthony Santo

Officers

Gail Donovan
President

Tony Santo
Treasurer

Kim Seggio
Secretary

Staff

Cesar J. Claro
Executive Director

Kim Seggio
Senior Program Officer

Jaclyn Gerard
Program Officer

About Richmond County Savings Foundation

The Foundation was formed in 1998 for the following purposes:

  • To share with the community  part of the financial success of Richmond County Savings Bank as a community minded financial service institution.
  • To enable the community to share in the growth and profitability of the Bank

 

Mission Statement

RCSF is committed to supporting projects that enhance the quality of life in the communities served by the
Richmond County Savings Foundation. In this regard, RCSF focuses on supporting charitable organizations whose
programs and services advance educational opportunity, enrich cultural development and strengthen health and
human services.

Eligibility

RCSF accepts proposals from nonprofit organizations with IRS 501 c (3) status that provide programs and services in the Foundation’s communities. All organizations applying to RCSF must be in good standing and current on all required federal and state filings.

RCSF Initiatives

RCSF Food Pantry Program provides ongoing support to food pantries on Staten Island. The Pantry Program
provides grants up to $5,000 on a rotating basis to pantry/feeding programs.

Rescission of Grants Policy

RCSF reserves the right to rescind a grant in part or in its entirety if the grant is determined to be a nonperforming grant or if the grantee organization is not in compliance with or the grant is in any other manner contrary to the policies and procedures of the Foundation. For further detail on the Foundation’s Rescission of Grants Policy, please visit the Foundation’s website at www.rcsf.org.

Preliminary Application Requirements

An organization requesting a grant over $10,000 will be required to submit a summary of their proposed
request. The following information is to be provided in the summary:

• Organization Name and Address
• Telephone, Fax and Email
• Contact Name & Title
• Federal ID Number
• Brief History of Organization
• Geographic Area Serviced
• Name and Description of Project or Program
• Constituency Served by Program
• Primary Purpose or Need Being Addressed by Program
• Planned Date of Commencement of Program• Project Timeline to include planned Date of Capital Project Completion
• Total Program Budget
• Organization’s Annual Operating Budget
• Organization’s Net Balance at End of Last Fiscal Year
• Other Sources of Funding Committed or Secured for the project/program. Other Sources of Funds may include
Reserves, Endowment, In-Kind donations or other. Please specify type and amount.
(Must meet 75% criteria)

General Support Requirements

For grant requests up to $10,000 in support of an organization’s programs and/or fundraising efforts, please provide
a summary of the request and a copy of your organization’s IRS 501(c) (3) Letter of Determination and the first page
of your organization’s most recent Charity Bureau filing or its equivalent. Additional documentation may be
requested.

Complete Application Process

After notification from a member of the Foundation staff that your proposal has been selected for further
consideration, the following additional information is to be provided:

• Copy of your current IRS Determination Letter under Section 501(c)(3) of the Internal Revenue Code and the
Federal Tax ID number
• Copy of the signature page of your organization’s most recent Charities Bureau filing or its equivalent.
• A list of your Executive Staff and their Titles
• A list of your Board of Directors with their affiliations. Please indicate Board of Directors financial
contributions over the past 12 months.
• Copy of your most recent certified audited or un-audited financial statements
• Program budget listing all expenses and sources of revenue
• RCSF Executive Director reserves the right to request a statement from the organization’s independent
accountant verifying detailed listing of funds restricted for project/program.
• Organization’s Annual Operating Budget (in detail)
• For capital projects, bids, estimates and photos of the proposed project
• Three Key Performance Indicators to be used to gauge the program’s effectiveness/ success at the conclusion of
the grant term.

Failure to include all of the requested information will result in the proposal being returned to the organization.
Organizations

will be required to participate in a grantee interview with Foundation representatives prior to the submission
to the full Board of Directors. The Executive Director and a Board Member, if available, should represent the organization.
Foundation staff will schedule a site visit to the organization.

Proposal Submission

Proposals must be submitted via the Foundation’s website.

Website: www.rcsf.org