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Stephen Siller Tunnel to Towers Foundation

Staten Island, NY · EIN 02-0554654 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Stephen Siller Tunnel to Towers Foundation reported $559.4 million in revenue and $381.1 million in expenses for calendar year 2024. Of every $100 it spent, $88.01 went to program services, $2.12 to management and general costs and $9.87 to fundraising. Its largest source of revenue was contributions and grants: 96.5% of the total. The highest compensation it reported for one person was $398,962 (EXEC VP DEVE). 73 people received more than $100,000 in reportable compensation. Revenue rose 1117% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $381M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $559M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,499 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
88.0%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
2.1%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
9.9%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.07$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
96.5%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
1.8%69.9%
Highest reported compensation
Part VII-A, columns D–F
$398,962$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.10%1.28%
People paid over $100,000
Part VII, line 2
738
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
15.813.3
Independent voting board members
Part VI 1a–1b
6 of 7100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$307M expenses · 91.6% of program spending · grants $167M

In the line of duty programs: 1) smart home program: this program constructs custom, specially adapted smart homes for catastrophically injured service members and first responders to restore their ability to live a life of independence. 2) fallen first responder home program: the foundation provides mortgage free homes to families with young children left behind when a firefighter or police officer is killed in the line of duty. 3) gold star home program: the foundation provides mortgage free homes to families with young children when a service member dies in the line of duty. 4) homeless…

$28M expenses · 8.4% of program spending · grants $6.4M · revenue $9.9M

Never forget programs: 1)national tunnel to towers runs and stair climb series: the new york city 5k run and tower climb as well as the national runs and climbs are memorial events held in honor of Stephen Siller (fdny), and all who perished on 9/11, as well as first responders and military who continue to put their lives on the line to serve and protect our nation. The foundation has established these memorial events to ensure we never forget 2) tunnel to towers 9/11 institute: this is our september 11, 2001 education program. The foundation has developed a curriculum for grades k- 12 that…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXEC VP DEVE
Highest compensated employee, 50.00 hrs/week
$350,012$0$48,950$398,962
COO
Officer, 50.00 hrs/week
$350,000$0$30,021$380,021
EXEC VP MARK
Highest compensated employee, 50.00 hrs/week
$259,616$0$26,406$286,022
SR VP, HOME
Highest compensated employee, 50.00 hrs/week
$222,538$0$42,478$265,016
VP HOMELESS
Highest compensated employee, 50.00 hrs/week
$229,295$0$16,021$245,316
VP INTERNAL
Highest compensated employee, 50.00 hrs/week
$213,097$0$7,868$220,965
PRESIDENT CH
Director/trustee, officer, 50.00 hrs/week
$100,000$0$33,576$133,576
TREASURER AN
Director/trustee, officer, 30.00 hrs/week
$24,000$0$61,335$85,335

73 people received more than $100,000 in reportable compensation from Stephen Siller Tunnel to Towers Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $599K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$200M$400M$600M$800M201920202021202220232024$559M$381M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$559M$381M88.0%$501M$398,962
2023 ⓘ$373M$272M90.4%$318M—
2022 ⓘ$305M$287M93.3%$209M—
2021 ⓘ$264M$148M95.0%$195M—
2020 ⓘ$114M$57M95.1%$78M—
2019 ⓘ$46M$35M93.6%$21M—

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b7 · 6 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5390
  • Volunteers Part I, line 64,000

Private foundation grants it received

1,285 private foundations reported grants to Stephen Siller Tunnel to Towers Foundation totaling $15M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Stephen Siller Tunnel to Towers Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Stephen Siller Tunnel to Towers Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New York

Questions people ask

How much of Stephen Siller Tunnel to Towers Foundation's spending goes to programs?

In calendar year 2024, Stephen Siller Tunnel to Towers Foundation reported that 88.0% of its $381.1 million in expenses went to program services, 2.1% to management and general and 9.9% to fundraising (Form 990, Part IX).

How much does Stephen Siller Tunnel to Towers Foundation pay its top executive?

The largest total compensation Stephen Siller Tunnel to Towers Foundation reported for one person in calendar year 2024 was $398,962, for the role of EXEC VP DEVE (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Stephen Siller Tunnel to Towers Foundation get its money?

Of $559.4 million in revenue in calendar year 2024, 96.5% came from contributions and grants and 1.8% from program service revenue (Form 990, Part VIII).

Is Stephen Siller Tunnel to Towers Foundation a registered charity?

The IRS lists EIN 02-0554654 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202533179349307218 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443199349303214 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202302769349300730 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202221369349302662 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202132249349301048 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202012449349300106 · read the filing

All filings for EIN 02-0554654: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.