Fund For the City of New York Inc
98% goes to programs $1 to raise $100 Strong reserves Declining revenue
Fund For the City of New York Inc is a 501(c)(3) organization based in New York, New York, registered in 1982, with $66,957,202 in FY2023 revenue. CharityIndex grades it A+, and it directs about 98% of spending to programs.
121 6th Avenue, New York, NY, 10013 EIN 13-2612524 Since 1982
Revenue (FY2023)
$67.0M
▼ 0.5% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$62.1M
Net assets
$90.2M
Employees
653
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating98% to programs · $1 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Fund For the City of New York Inc: 98% to programs · $1 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating17 mo reserves · +7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Fund For the City of New York Inc: 17 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Fund For the City of New York Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Fund For the City of New York Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The fund for the city of new york was created in 1968 by the ford foundation to be responsive to opportunities to improve the quality of life by working to improve the performance of government and nonprofit organizations.
What they do
Partner project program provides fiscal, administrative and human resources assistance to nonprofit projects that focus on a broad range of programs of social services, health, familiy, education, and other charitable programs.
Contact & location
- Address
- 121 6th Avenue, New York, NY, 10013
- City
- New York
- State
- New York
- Subcategory
- Public Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $53.2M (FY2013) to $67.0M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $81.9MNet assets $90.2M
Operating margin
7.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$172.1M
Total liabilities
$81.9M
Net assets
$90.2M
Salaries & benefits
$39.4M
63% of expenses
Board members
7
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $66,957,202▼0.5% | $62,122,980▼2.8% | $90,249,598▲5.5% | $172,127,459▲3.6% | 990 |
| 2022 | $67,312,664▼41.1% | $63,925,527▼50.2% | $85,555,150▲2.3% | $166,124,152▼2.5% | 990 |
| 2021 | $114,215,839▼9.7% | $128,254,981▲7.9% | $83,664,374▼14.6% | $170,389,317▼3.6% | 990 |
| 2020 | $126,437,231▲10.5% | $118,892,430▲18.4% | $97,922,270▲7.9% | $176,700,276▲19.0% | 990 |
| 2019 | $114,461,201▲17.4% | $100,443,920▲9.3% | $90,772,367▲17.6% | $148,444,966▼1.5% | 990 |
| 2018 | $97,537,375▼3.5% | $91,896,272▲0.4% | $77,202,984▲6.2% | $150,667,930▼2.9% | 990 |
| 2017 | $101,024,699▲22.3% | $91,504,788▲14.7% | $72,719,722▲10.8% | $155,202,846▲7.7% | 990 |
| 2016 | $82,584,478▲10.8% | $79,785,503▲19.8% | $65,649,288▲4.5% | $144,119,810▲2.3% | 990 |
| 2015 | $74,547,408▲28.4% | $66,620,580▲26.3% | $62,850,314▲14.4% | $140,830,701▲21.5% | 990 |
| 2014 | $58,054,346▲9.1% | $52,745,812▲9.0% | $54,923,487▲10.7% | $115,865,634▲4.6% | 990 |
| 2013 | $53,189,634 | $48,384,160▼17.5% | $49,614,953▲10.6% | $110,822,126▲28.5% | 990 |
| 2012 | — | $58,677,389▲37.3% | $44,849,966▲2.9% | $86,222,421▲20.2% | 990 |
| 2011 | — | $42,742,492▲0.1% | $43,572,940▲21.8% | $71,729,914▲18.8% | 990 |
| 2010 | — | $42,710,961▲8.4% | $35,762,833▼8.0% | $60,361,290▼4.2% | 990 |
| 2009 | — | $39,418,645 | $38,890,597 | $63,001,757 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Lisette Nieves — $356,926 (0.57% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Lisette Nieves | Board Member/president | 30 | $356,926 |
| Fred Dejohn | Chief Financial Officer | 35 | $314,996 |
| Aldrin Bonilla | Executive Vice President | 30 | $275,225 |
| Coleen Stevens Porcher | Executive Director | 35 | $239,997 |
| Benjamin Garcia | Executive Director | 35 | $239,581 |
| Jill E Borrero | Chief Operating Officer | 30 | $229,584 |
| Lola Simpson | Chief Executive Officer | 35 | $219,998 |
| Blake Ratner | Executive Director | 35 | $214,563 |
| James Ryan | Executive Director | 35 | $208,548 |
| Miriam Feldblum | Executive Director | 35 | $206,864 |
| Elina Alayeva | Director | 35 | $204,998 |
| Grace Rauh | Executive Director | 35 | $204,998 |
| Stefanie Blouin | Senior Director | 35 | $204,875 |
| Zenaida Rodriguez | Executive Director | 35 | $201,442 |
| Teresa Carta | Executive Director | 35 | $199,998 |
| Jeffrey Sudmyer | Director | 35 | $196,498 |
| April Mckoy | Senior Director | 35 | $193,625 |
| Patricia Moles | Program Director | 35 | $190,510 |
| Kai Feder | Chief Operating Officer | 35 | $187,331 |
| Gregory Morris | Chief Executive Officer | 35 | $184,998 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Justice Innovation | Program Service | $2,824,880 |
| Neighborhood Defender Service Inc | Program Service | $537,666 |
| Rodney Leon | Program Service | $400,305 |
| Scope Business Services - Tatiana Wilson | Program Service | $294,234 |
| Natural Areas Conservancy | Program Service | $257,500 |
Grants received · $67.1M total
310 grants to Fund For the City of New York Inc totaling $67.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Nellie Mae Education Foundation Inc | Launch of the center for youth and the future of work and a national study | 2024 | $600,000 |
| Robin Hood Foundation | Poverty relief | 2024 | $420,000 |
| Rockefeller Philanthropy Advisors Inc | Civil rights, social action & advocacy | 2024 | $400,000 |
| The New York Community Trust | For program support. | 2024 | $300,000 |
| Neo Philanthropy Inc | Program grant | 2024 | $300,000 |
| Co-impact Philanthropic Funds Inc | See part iv | 2024 | $287,500 |
| Robin Hood Foundation | Poverty relief | 2024 | $250,000 |
| Amalgamated Charitable Foundation Inc | General operating support and project support | 2024 | $221,633 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $206,000 |
| The New York Community Trust | For program support. | 2024 | $200,000 |
| Community Foundation of New Jersey | Community programs & grassroots movements | 2024 | $200,000 |
| Nellie Mae Education Foundation Inc | Executive leadership capacity building initiative | 2024 | $175,000 |
| The New York Community Trust | For program support. | 2024 | $150,000 |
| The New York Community Trust | For program support. | 2024 | $140,000 |
| The New York Community Trust | For program support. | 2024 | $130,000 |
Grants made · $1.8M in FY2023
33 grants totaling $1.8M in FY2023 — showing the 15 largest. All grants made by Fund For the City of New York Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Natural Areas Conservancy Inc | Jamaica bay grant | $175,000 |
| Marcy Lab Inc | Nycetc grant | $150,000 |
| Center For Employment Opportunities Inc | Nycetc grant | $150,000 |
| Tech Kids Unlimited | Nycetc grant | $150,000 |
| Leap Inc | Nycetc grant | $150,000 |
| Youth Action Programs and Homes Inc | Nycetc grant | $150,000 |
| Trustees of Columbia University | Promise project grant | $150,000 |
| Foundation For Tacoma Students | Cara grant | $100,000 |
| Catholic Migration Services Inc | Right to counsel grant | $85,000 |
| The Crenulated Company Ltd | Right to counsel nyc coalition grant | $85,000 |
| Goddard Riverside Community Center | Right to counsel grant | $85,000 |
| Flatbush Development Corporation | Right to counsel nyc coalition grant | $85,000 |
| At the Table Inc | Center for fair futures grant | $50,000 |
| Harmony Healthcare Long Islandlong Island Pqhc Inc | Terra firma grant | $30,000 |
| Research Foundation For the State University of New York | Power of two grant | $30,000 |
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Compare Fund For the City of New York Inc
Frequently asked questions
- Is Fund For the City of New York Inc a legitimate nonprofit?
- Yes. Fund For the City of New York Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-2612524, based in New York, New York. Donations are tax-deductible.
- What is Fund For the City of New York Inc's EIN?
- Fund For the City of New York Inc's Employer Identification Number (EIN) is 13-2612524.
- How much revenue does Fund For the City of New York Inc report?
- Fund For the City of New York Inc reported $66,957,202 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Fund For the City of New York Inc's spending goes to programs?
- Fund For the City of New York Inc spends about 98% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Fund For the City of New York Inc have?
- CharityIndex grades Fund For the City of New York Inc A+, based on program efficiency and fundraising cost.
- How much does Fund For the City of New York Inc's highest-paid employee make?
- The highest reported compensation on Fund For the City of New York Inc's latest Form 990 is $356,926, paid to Lisette Nieves (Board Member/president).
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Data for Fund For the City of New York Inc (EIN 13-2612524) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.