Greyston Foundation Inc

Organization Overview

Greyston Foundation Inc is located in Yonkers, NY. The organization was established in 1993. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Greyston Foundation Inc employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greyston Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Greyston Foundation Inc generated $5.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $3.3m during the year ending 12/2021. While expenses have increased by 6.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GREYSTON UNLOCKS THE POWER OF HUMAN POTENTIAL THROUGH INCLUSIVE EMPLOYMENT, ONE PERSON AT A TIME. WE ARE LEADING THE EFFORT TO DEVELOP EFFECTIVE SOLUTIONS THAT ADDRESS THE UNDERLYING CAUSES OF EMPLOYMENT CHALLENGES THROUGH OUR NEW GREYSTON EMPLOYMENT OPPORTUNITY CENTER (GEOC.) THE GEOC PROVIDES SERVICES IN FOUR AREAS: INCLUSIVE HIRING SERVICES, TRANSITIONAL EMPLOYMENT, WORKFORCE DEVELOPMENT, AND PROGRAMS FOR YOUNG ADULTS. IN 2021, GREYSTON GENERATED $11.2 MILLION IN POSITIVE ECONOMIC IMPACT IN OUR LOCAL COMMUNITY. INCLUSIVE HIRING SERVICESGREYSTON PROVIDES SUPPORT TO BUSINESSES IN ADOPTING INCLUSIVE HIRING PRACTICES THROUGH MENTORING, AN ELEARNING PORTAL, DATA COLLECTION, AND RECRUITMENT. THESE PROGRAMS ARE DEDICATED TO THE REPLICATION OF GREYSTON'S OPEN HIRING MODEL AND/OR VARIATIONS THEREOF. OUR INCLUSIVE HIRING SERVICES HAVE REALIZED 1,350 NEW JOBS SINCE INCEPTION. INCLUSIVE HIRING HAS BEEN SHOWN TO: REDUCE TIME-TO-HIRE BY 80%, REDUCE HIRING COSTS UP TO 93%, INCREASE POSITIVE PERCEPTION OF WORK CULTURE AND TRUST IN EMPLOYER, AND GENERATE POSITIVE ECONOMIC IMPACT DIRECTLY TO THE LOCAL COMMUNITY.TRANSITIONAL EMPLOYMENTGREYSTON PROVIDE RE-ENTRY SERVICES FOR JUSTICE-INVOLVED INDIVIDUALS, GIVING THEM AN OPPORTUNITY TO REENTER SOCIETY WITH DIGNITY. GREYSTON SERVES AN AVERAGE OF 75 RECENTLY RELEASED CITIZENS ANNUALLY THROUGH OUR APPRENTICESHIP PROGRAMS. THROUGH THESE SERVICES, THE RECIDIVISM RATE AMONG PROGRAM PARTICIPANTS IS 4.2%, COMPARED TO A NATIONAL RATE OF 44%.WORKFORCE DEVELOPMENTGREYSTON PROVIDES INDUSTRY-RECOGNIZED CERTIFICATION, OCCUPATIONAL TRAINING, AND EDUCATION PROGRAMS IN HIGH-DEMAND SECTORS SUCH AS IT, HEALTHCARE, BUSINESS, CONSTRUCTION, SECURITY, AND HOSPITALITY. STUDENTS EARN AN AVERAGE OF 24% ABOVE THE MINIMUM WAGE IN NEW YORK STATE. IN 2021, GREYSTON SERVED 116 INDIVIDUALS WHO COMPLETED WORKFORCE TRAINING. GREYSTON PROVIDED CASE MANAGEMENT SERVICES TO OVER 100 INDIVIDUALS IN 2021. MORE THAN TWO-THIRDS OF CASE MANAGEMENT CLIENTS RECEIVED 2 OR MORE SERVICES.PROGRAMS FOR YOUNG ADULTSGREYSON PROVIDES INTERPERSONAL AND OCCUPATIONAL TRAINING PROGRAMS PAIRED WITH COMPREHENSIVE CASE MANAGEMENT TO YOUNG ADULTS. UPON COMPLETION OF TRAINING, CLIENTS ARE CONNECTED TO INTERNSHIPS, APPRENTICESHIPS, AND/OR JOB PLACEMENT IN ADDITION TO A FULL YEAR OF WRAPAROUND SOCIAL SERVICES. GREYSTON HAS SERVED 248 INDIVIDUALS SERVED SINCE THE PROGRAM'S INCEPTION, 187 PARTICIPANTS RECEIVED NATIONALLY ACCREDITED JOB SKILLS TRAINING, AND 136 GRADUATES PLACED IN FULL-TIME POSITIONS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Joseph D Kenner
President
$291,831
Dorothy P Jennings
VP Strategic Programs
$144,195
Julie A Tedford
VP Of Fin & Ops
$132,479
Kemraj Jewth
Corporate Controller
$103,235
Andrew Yearley
Chair
$0
Ty Hookway
Treasurer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Tembo Group Llc
Program Consultant
$117,000
Real Estate Solutions Group Llc
Real Estate Consultant
$110,404
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$27,681
Related organizations$2,000,000
Government grants $656,845
All other contributions, gifts, grants, and similar amounts not included above$2,113,879
Noncash contributions included in lines 1a–1f $125,734
Total Revenue from Contributions, Gifts, Grants & Similar$4,798,405
Total Program Service Revenue$1,026,402
Investment income $161
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $7,491
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,912,916

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Greyston Foundation Inc has recieved totaling $11,000.

Awarding OrganizationAmount
Asis Foundation

Los Angeles, CA

PURPOSE: GENERAL

$10,000
The James And Robin Coogan Foundation

Bronxville, NY

PURPOSE: UNRESTRICTED

$1,000
View Grant Recipient Profile

Peer Organizations

Create an account to unlock the data you need.

or