||Organization & Philosophy
SYF is a 501(c)3, not-for-profit organization that operates programs to serve the youth of Stamford, CT, their parents and the community at-large. All SYF officers and directors are volunteers, while some coaches and instructors are paid modest stipends.
SYF receives donations and grants from organizations and individuals to help subsidize its programs. These donations primarily fund the financial scholarships for participants that could not otherwise afford the programs. Making our programs available to all of our town's youth is core to SYF's mission. SYF also relies upon the use of Stamford's public facilities such as parks, ballfields and schools to offer our programs. These facilities are made available to SYF and its participants at no cost (except for custodians at some locations) by the City of Stamford.
SYF's directors and officers believe that SYF is accountable to its constituents and supporters. These include financial donors, various branches of Stamford's city government, (i.e. Board of Recreation, Board of Education, Police, Youth Services), participants, volunteers, coaches & instructors, and parents. As an organization, SYF strives to minimize administrative costs and utilize funds directly in its programs. SYF's financial results are audited by the independent accounting firm of O'Conner, Davies, Munns & Dobbins. For further information on our financial results, contact our Treasurer, Gary Shannon at (203) 359-1844 or email
|Financial contributions to SYF
If you or your organization would like to contribute to SYF, contact Gary Shannon. All donations to SYF are tax deductible to the extent that no value is received in return. We welcome and appreciate these donations. They are important to achieving our goals of providing scholarships to all in need while maintaining affordable fees for the remainder of participants.
SYF has been an approved recipient of donations under the State of Connecticut's "Neighborhood Assistance Act" for the past two years, and will apply again for 2007. This state program provides tax credits to Connecticut corporations that donate to SYF. This provides a highly advantageous vehicle from a financial perspective through which to donate to SYF because it reduces the after-tax cost of contributing to SYF to as low as 15%-20% (Depending on donors tax positions). If you are involved with a CT corporation that can potentially take advantage of these tax credits contact Gary Shannon.
Attached is a publication from the State of CT further describing the program Neighborhood Assistance Act 2007-State of CT.pdf