Transcription
2008 Annual Report
The Northfield Bank Foundationpurchased a mobile food pantryfor Project Hospitality to deliverfood to individuals and families inunderserved neighborhoods ofStaten Island.Pictured above, members ofProject Hospitality and theNorthfield Bank Foundationdedicate the new mobile foodpantry.www.northfieldbankfoundation.org
About the Northfield Bank FoundationThe Northfield Bank Foundation was founded on November 7, 2007 and isheadquartered at 1731 Victory Boulevard, Staten Island, NY 10314. TheFoundation was formed with a cash contribution of 3,000,000 and 896,061shares of Northfield Bancorp, Inc. bestowed by the bank when it converted to apublic company.The role of the foundation is to support not-for-profit groups, institutions,schools or other organizations operating in the communities in which NorthfieldBank does business - specifically Staten Island, Brooklyn and Central New Jersey.The Foundation focuses its efforts on projects to support education, health andhuman services, youth programs, and other types of community organizations orcivic-minded projects that improve the quality of life around us.
Message from theExecutive Director & ChairpersonThe Northfield Bank Foundation has completed its firstfull year in 2008. We exceeded our expectations andwere able to help our communities in ways we did notthink were possible.The Northfield Bank Foundation alone has put morethan 610,000 to work in the community in 2007 and2008. Prior to the existence of the Foundation,Northfield Bank contributed over 2.7 million to thecommunity over the past 10 years. Together theNorthfield family is committed to making a difference inthe lives of others.We have helped build birthing units in a local hospital,aided a library in expanding its children’s center, donated trucks to help local organizations deliver food to families in need and much more.Over the past year, we have been fortunate to lend aTop Right: With the support of the Foundation, the Solomon Schecter Day School ofRaritan Valley in East Brunswick, NJ was able to purchase Smart Boards for theirclassrooms.Middle Right: A grant from the Foundation to Christ Church in New Brighton helps funda shelter for local homeless individuals and HIV patients.Bottom Right: Raritan Bay Medical Center in Perth Amboy, NJ was able to upgrade itsMaternity Unity Birthing Rooms with a grant from the Northfield Bank Foundation.1 2008 Annual Report
helping hand to many organizations that are workingdiligently to make our neighborhoods better places. Wesalute the people that are the backbone of these organizations for all that they do. Without them, the needs ofour communities would not be met.With the wise and exceptional guidance of our Board ofDirectors, we are able to stay focused on our mission.We thank them for their commitment.As we move ahead, our mission remains unchanged.We will continue to focus our efforts on supporting education, health care, and youth programs. Our work inStaten Island, New Jersey and Brooklyn has just begunand we look forward to building a long tradition of charitable giving.Sincerely,Susan LambertiDiane SenerchiaChairpersonExecutive DirectorTop Right: The Staten Island Children’s Museum was able to allow allow free admissionfor children during specific school holidays through the support of the Northfield BankFoundation.Middle Right: With a grant from the Northfield Bank Foundation, the Union CountyPerforming Arts Center Arts for All Project allowed the UCPAC to more effectively addressits mission of providing arts and cultural experiences for those in surroundingcommunities who might not otherwise have opportunities to participate.Bottom Right: A grant from the Northfield Bank Foundation supports the Staten IslandMuseum’s Title I program.2008 Annual Report 2
2008 Major Grants - New JerseyHomefirstTransitional Housing ProgramsThe Arts Guild of Rahway Inc.Arts Education ProgramsKean University FoundationScholarship ProgramTrinitas Hospital FoundationNursing Scholarship ProgramLinden Free Public LibraryDedication of Reading RoomUnion County Performing Arts CenterArts For All ProgramRaritan Bay Medical CenterMaternity Room Birthing Room UpgradesVal Skinner FoundationBreast Cancer AwarenessRWJUH Rahway FoundationGeneral SupportWoodbridge Township Educational FoundationPodcast Community Outreach ProgramSaint Peter's CollegeScholarship ProgramSolomon Schecter Day School of Raritan ValleyInstallation of Classroom Smart BoardsThe Linden Public Library established a children’s reading garden at the newly renovated facility thanksto a grant from the Northfield Bank Foundation.3 2008 Annual Report
The Northfield Bank Foundation believes strongly insupporting education. Above Albert Regen, BoardMember of the Northfield Bank Foundation andNorthfield Bank and Patrick Scura, Board Member ofNorthfield Bank, present a scholarship donation toSaint Peter’s College President Eugene J. Cornacchia,Ph.D. at the College’s Guarini House on the Jersey City,NJ campus.2008 Annual Report 4
2008 Major Grants - New YorkA Very Special PlaceSpecial Strokes for Special Folks SponsorSnug Harbor Cultural CenterCultural ProgramsAlzheimer's Foundation of Staten Island, Inc.Time Out In Home Respite ProgramSt. Adalbert Parish & SchoolNew Auditorium FloorBishop Kearney High SchoolSupport In-House Television StudioSt. John Villa AcademyPurchase of Classroom Smart BoardsCenter for Migration StudiesEarly Childhood/Parent English ClassesSt. Rita SchoolInstallation of Energy Efficient WindowsChrist Church New BrightonCommunity Outreach ProgramsStaten Island Center for Independent LivingUpgrade Library FacilityCollege of Staten Island FoundationInternship ProgramsFree Admission Program for Children on School HolidaysInternational Longevity CenterHealth Care of Staten Island StudyStaten Island MuseumTitle I ProgramJuvenile Diabetes Research FoundationWalk to Cure DiabetesStaten Island NFPProfessional Development Program for Non-ProfitsMeals on Wheels of Staten IslandPurchase of New Pick-Up TruckStaten Island Zoological SocietyOutdoor Exhibit for Canadian LynxMetropolitan Fire AssociationYouth Mentor ProgramThe Jewish Community Center of Staten IslandAutistic Children Buddies ProgramOn Your Mark, Inc.Music Therapy ProgramUnity Games, Inc.Program SupportPort Richmond CERT & Rescue, Inc.Local Emergency Response TrainingVisiting Nurses Association of Staten IslandPurchase Telemedicine Monitoring EquipmentProject HospitalityPurchase of Mobile Food PantryWhere To TurnGraffiti Removal ProgramRichmond Choral SocietyYouth ChorusRichmond Senior ServicesFood Mart FundingRichmond University Medical CenterEmergency Resuscitation EquipmentSIUHUniversity Hospice5 2008 Annual ReportStaten Island Children’s Museum
The Northfield Bank Foundation purchased anew truck for Meals on Wheels of Staten Islandto provide both hot and frozen meals toelderly and home bound individuals inStaten Island.2008 Annual Report 6
2008 Organizations SupportedNew YorkAcademy of St. DorothyAmerican Cancer SocietyAmerican Foundation for Suicide PreventionAmerican Red Cross in Greater New YorkBethel Community ChurchBethlehem Lutheran ChurchBrighton Heights Reformed ChurchCalvary Assembly of GodChurch of St. Anthony of PaduaCollege of Staten Island FoundationColumcille Cultural Center Inc.Community Agency for Senior CitizensCongregation B'Nai Jeshurun of Staten IslandCooley's Anemia Foundation, Inc.Curtis High SchoolDaughters of St. PaulDeborah Hospital FoundationDr. Theodore Atlas FoundationFriends of Alice Austen HouseGreenbelt Conservancy, Inc.Guild for Exceptional Children, Inc.Holy Family Church & ParishJacques Marchais Center of Tibetan ArtMarch of DimesMoore Catholic High SchoolMount Manresa Jesuit Retreat HouseMyanmar American Medical Education SocietyNAACPNAMI - Staten IslandNeighborhood Technical Assistance ClinicOlivet Presbyterian ChurchOn Your Mark, Inc.Our Lady Help of Christians SchoolOur Lady of Mt. Carmel - St. Benedicta SchoolPakistani Civic Association Inc.Richard H. Hungerford SchoolRichmond University Medical CenterS.I. Federation of Catholic School ParentsSea View Hospital & Home Auxiliary Inc.Seamen's Society for Children & FamiliesSI Aid for Retarded ChildrenSI Inter-Agency Council for the Aging7 2008 Annual ReportSIUHSky Light Center IncorporatedSt. Clare Elementary SchoolSt. Francis Center for SpiritualitySt. Francis de Sales School for the DeafSt. John's Lutheran SchoolSt. Joseph - St. Thomas SchoolSt. Mark's United Methodist ChurchStaten Island Botanical GardenStaten Island Center for Independent Living, Inc.Staten Island Mental Health Society Inc.Staten Island MuseumStaten Island Pee Wee Football LeagueThe Eger FoundationThe Grace Foundation of New YorkThe Noble Maritime CollectionUnited Activities Unlimited, Inc.Yeshiva of Staten IslandNew JerseyAvon Products Foundation Inc.Christian Fellowship Club of ConcordiaEast Brunswick High SchoolFirst Aid Squad Avenel & ColoniaJewish Congregation of ConcordiaJewish Social Service CommitteeJohn F. Kennedy Medical Center FoundationMetuchen Youth Development, Inc.Monroe Education FoundationMonroe Township High SchoolParents Teacher OrganizationRaritan Bay Medical CenterRoss Street SchoolSpecial StridesUnion County Performing Arts CenterUnited Way of Greater Union CountyWoodbridge Township Arts Council
Northfield Bank Foundation Board of DirectorsSusan Lamberti, ChairpersonRetired Educator, New York City Board of EducationJohn W. AlexanderChairman and CEO, Northfield Bancorp, Inc.Stanley A. ApplebaumAttorney at LawJohn R. BowenFormer Chairman, President and CEO, Liberty Bancorp, Inc.Lucille ChazanoffChief Operating Officer, Royal PressJohn P. Connors, Jr.Managing Partner, Connors & Connors, PCJohn J. DePierroConsultant Health Care IndustryAlbert J. Regen,Former President, Northfield BankNorthfield Bank Foundation Executive DirectorDiane SenerchiaNorthfield Bank Foundation OfficersJohn W. Alexander, PresidentSteven M. Klein, CFOMadelilne Frank, Secretary2008 Annual Report 8
Northfield Bank FoundationStatements of Financial PositionDecember 31, 2008 and 200720082007AssetsCurrent Assets:Cash and Cash EquivalentsCertificate of DepositInvestments, at market valueTotal Current AssetsFixed Assets:SoftwareLess: Accumulated DepreciationTotal Fixed AssetsTotal Assets 669,5531,858,36310,080,685 12,608,601 7,8471,9625,885 12,614,4863,008,77209,695,380 12,704,152 000 12,704,15220082007Liabilities and Net AssetsCurrent Liabilities:Accounts PayableContributions PayableTaxes PayableTotal Current Liabilities Net Assets:Unrestricted 12,518,396 12,703,022Total Net Assets 12,518,396 12,703,022 12,614,486 12,704,152Total Liabilities and Net Assets9 2008 Annual Report 12,00083,48560596,090 001,1301,130
Northfield Bank FoundationStatement of ActivitiesFor the years Ended December 31, 2008 and 2007200820070130,247385,305515,552 11,951,64917,733734,770 12,704,152672,59527,583700,178 Revenue, Gains and Other SupportContributionsInvestment IncomeUnrealized Gain on InvestmentsTotal Revenues, Gains and Other Support ExpensesProgramManagement and GeneralTotal Expenses 1,13001,130Change in Net AssetsNet Assets, Beginning of Year (184,626)12,703,022 12,703,0220Net Assets, End of Year 12,518,396 12,703,0222008 Annual Report 10
1731 Victory BoulevardStaten Island, NY 10314(718) 303 4265(732) 587 2225www.northfieldbankfoundation.com
for children during specific school holidays through the support of the Northfield Bank Foundation. Middle Right: With a grant from the Northfield Bank Foundation, the Union County . Trinitas Hospital Foundation Nursing Scholarship Program Union County Performing Arts Center Arts For All Program Val Skinner Foundation Breast Cancer Awareness
