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THE PARTNERSHIP FOR NEW YORK CITY INC
NEW YORK, NY · EIN 133056559 · Form 990 · FY2024 · Large ($10M-$50M) · pfnyc.org
revenue
$11.6M
expenses
$10.1M
net assets
$52.3M
employees
39
volunteers
108
program ratio
73%
mission · from form 990

THE PARTNERSHIP IS A NONPROFIT MEMBERSHIP ORGANIZATION COMPRISED OF BUSINESS LEADERS WHO SHARE A COMMITMENT TO THE ECONOMIC WELL-BEING OF NEW YORK CITY AND STATE. MEMBERS WORK CLOSELY WITH GOVERNMENT, LABOR AND THE NONPROFIT SECTOR TO ADVANCE POLICIES AND PROJECTS THAT SUPPORT ECONOMIC GROWTH, IMPROVE PUBLIC EDUCATION, AND UPGRADE THE INFRASTRUCTURE. THE PARTNERSHIP IS A RESOURCE TO PUBLIC SECTOR DECISION-MAKERS AT THE CITY STATE, AND FEDERAL LEVELS OF GOVERNMENT, PROVIDING INFORMATION AND ANALYSIS IN ADDITION TO EXPERTISE AND ADVICE ON ISSUES THAT AFFECT ECONOMIC GROWTH, BUSINESS DEVELOPMENT, AND JOB CREATION. THE PARTNERSHIP CONDUCTS RESEARCH, SURVEYS, AND ANALYSIS OF ISSUES AND PROJECTS THAT WILL HAVE AN IMPACT ON THE LOCAL AND STATE ECONOMY. THE PRODUCTS OF ITS WORK ARE USED TO EDUCATE THE PUBLIC AND POLICY-MAKERS.

profile · synthesized from sources

The Partnership for New York City is a nonprofit membership organization of business leaders committed to advancing the economic well-being of New York City and State. It works with government, labor, and nonprofits to influence policy, conduct economic research, and support initiatives in education, infrastructure, and economic growth. The organization also operates through its investment arm, the Partnership Fund for New York City, which supports innovation and entrepreneurship in key sectors.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $1.23M
    GOVERNMENT AFFAIRS: THE PARTNERSHIP IS A RESOURCE TO PUBLIC SECTOR DECISION-MAKERS AT THE CITY, STATE AND FEDERAL LEVELS OF GOVERNMENT, PROVIDING EXPERTISE AND ADVICE ON ISSUES THAT AFFECT ECONOMIC GROWTH, BUSINESS DEVELOPMENT AND JOB CREATION.
  2. #2 $1.28M
    RESEARCH AND POLICY: THE PARTNERSHIP CONDUCTS RESEARCH, SURVEYS, AND ANALYSIS OF ISSUES AND PROJECTS THAT WILL HAVE AN IMPACT ON THE LOCAL AND STATE ECONOMY. IN 2024, THE PARTNERSHIP CONTINUED TO ASSIST THE NEW YORK CITY PUBLIC SCHOOLS (NYCPS) ON CAREER-CONNECTED LEARNING INITIATIVES BY INCREASING INDUSTRY ENGAGEMENT OVERALL. THE PARTNERSHIP HOLDS A LEADERSHIP ROLE ON THE CITYWIDE STUDENT PATHWAYS ADVISORY COUNCIL, WHICH PROVIDES INDUSTRY INPUT INTO CURRICULUM, POLICY RECOMMENDATIONS TO SUPPORT CAREER-CONNECTED LEARNING AND ACTS AS AN ONGOING RESOURCE FOR NYCPS. IN 2024, THE PARTNERSHIP ALSO FOCUSED ON SUPPORTING THE WORK IN EDUCATION AND WORKFORCE DEVELOPMENT THAT INDIVIDUAL MEMBER COMPANIES ARE ALREADY UNDERTAKING.
named programs · 5 · from sources

What they call their work

FinTech Innovation Lab
Co-founded with Accenture to connect large financial institutions with local tech startups, fostering innovation in financial technology
Government Affairs
Provides expertise and advice to public sector decision-makers at city, state, and federal levels on economic growth, business development, and job creation
Life Sciences Sector Development
Supports growth of NYC’s life sciences industry through funding translational research, advocating for lab space, and catalyzing public investment
Partnership Fund for New York City
Invests in entrepreneurs and emerging industries to grow the city’s innovation economy, with focus areas including life sciences and FinTech
Research and Policy
Conducts research, surveys, and analysis on issues impacting the local and state economy, including career-connected learning and workforce development initiatives with NYC Public Schools
activities · 6 groups

What they do

  • Policy Advocacy & Research 1 activity
    • Advocating for pro-growth economic policies in New York City and State
      Submits formal testimony, issues public statements, and mobilizes private sector support for policy initiatives related to economic opportunity, small business reform, affordable housing, tax policy, and workforce development. Examples include support for Mayor Mamdani's OPEN for Small Business agenda and the 2026 New York State budget agreement.
  • Leadership & Policy Dialogue Forums 1 activity
    • Building consensus among cross-sector leaders on key urban challenges
      Convenes leaders from business, government, and civic sectors to develop shared policy solutions and promote civic engagement, including through the Coalition for New York's Future launched in 2024.
  • Economic and Financial Research 1 activity
    • Conducting research on economic and workforce trends to inform policy and investment decisions
      Produces research reports, policy analyses, and data-driven insights on topics including pandemic recovery, business relocation, life sciences development, fintech innovation, and workforce trends. This includes publishing the 2020 "A Call for Action and Collaboration" report and conducting quarterly member surveys on return-to-office trends.
  • Student Career Readiness and Internship Placement 1 activity
    • Expanding career exposure and workforce development opportunities for NYC public school students
      Co-launched Career Discovery Week with the NYC Department of Education in 2020, engaging over 4,500 high school sophomores citywide in career exploration activities such as workplace tours, panels, and networking events.
  • Small Business Technical Assistance 1 activity
    • Providing direct support and resources to small businesses in New York City
      Launched the Small Business Resource Network to connect small businesses with funding and technical assistance, enhancing access to capital and support services.
  • Uncategorized 2 activities
    • Funding innovative companies and nonprofit organizations serving New York City
      Invests in for-profit and nonprofit entities operating in or serving underserved communities, with a focus on women- and minority-led businesses and organizations in the outer boroughs and Upper Manhattan. Total investments exceed $205 million across more than 190 organizations, including $42 million to nonprofits.
    • Supporting fintech innovation through startup acceleration and industry collaboration
      Co-founded the FinTech Innovation Lab with Accenture to connect major financial institutions with emerging tech startups, fostering innovation and helping NYC-based fintech companies raise $6.9 billion in venture capital in 2024.
financials · form 990 · fy2024
revenue
Total revenue$11.60M
Contributions & grants$740K6%
Program service revenue$8.85M76%
Investment income$2.03M18%
Other revenue$-27K
expenses
Total expenses$10.10M
Program expenses73%
Admin / overhead26%
Fundraising1%
Salaries & benefits$5.86M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$62.83M
Cash$3.47M
Investments$49.67M
Liabilities$10.58M
Net assets$52.25M
Liquid reserves63.1 mo
3 years on record · 2020–2024 · YoY revenue +1.1%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 8
NameTitleHours/wkCompensation
KATHRYN S WYLDE PRESIDENT/CEO 48 $1.69M
MARIA GOTSCH PRESIDENT 0 $880K
ANTHONY GIUGLIANO CHIEF FINANCIAL OFFICER 14 $495K
MERRILL POND EXECUTIVE VICE PRESIDENT 40 $382K
JENNIFER FINE EXECUTIVE VICE PRESIDENT 40 $378K
PETER M COHEN GENERAL COUNSEL 0 $323K
ERIN JUREW SENIOR VICE PRESIDENT 40 $319K
STACEY MATLEN SENIOR VICE PRESIDENT 0 $289K
board members · 17
  • ALAN D SCHNITZER — DIRECTOR
  • ALAN D SCHWARTZ — DIRECTOR
  • ALBERT BOURLA — CO-CHAIR
  • ALDEN MILLARD — DIRECTOR
  • ALLAN LEVINE — DIRECTOR
  • ANDREW MCMAHON — DIRECTOR
  • ANDREW NUSSBAUM — DIRECTOR
  • ANTHONY YOSELOFF — DIRECTOR
  • ANTONIO ALVAREZ III — DIRECTOR, AS OF 05/07/14
  • ARVIND KRISHNA — DIRECTOR
  • BARRY M GOSIN — DIRECTOR
  • BLAIR W EFFRON — DIRECTOR
  • BRAD S KARP — DIRECTOR
  • BRETT HART — DIRECTOR
  • CANDACE K BEINECKE — DIRECTOR
  • CARMINE DI SIBIO — DIRECTOR, THROUGH 05/07/24
  • CARYN SEIDMAN-BECKER — DIRECTOR
relationships · 34

Who they work with

  • Accenture Partner — Collaborated with the Partnership Fund to co-found the FinTech Innovation Lab.
  • Borough Chambers of Commerce Partner — Collaborated with the Partnership to launch the Small Business Resource Network across the five boroughs.
  • Columbia College Partner — Rob Speyer is an emeritus member of the Board of Visitors.
  • Columbia Mailman School of Public Health Partner — Collaborates on initiatives related to public health
  • Council on Foreign Relations Partner — Steven Fulop is a member of the organization.
  • Fund for New York City Public Schools Partner — Works together on education-related initiatives
  • Governor Hochul Government — Referenced in public statement on state budget agreement
  • Jewish Community Relations Council of New York Partner — Steven Fulop serves on the board of the organization.
  • Manhattan Institute for Policy Research Partner — Engages in policy research collaboration
  • Mayor Mamdani Government — Publicly responded to and supported the mayor's small business reform agenda.
  • Mayor's Fund to Advance New York City Partner — Rob Speyer chairs the Advisory Board of this organization.
  • NY Jobs CEO Council Coalition — Participates in a coalition focused on job creation and workforce development
  • NYC Economic Development Corporation Government — Collaborates on economic development initiatives
  • NYC Economic Development Corporation Partner — Collaborated with the Partnership to launch the Small Business Resource Network.
  • NYC Public Schools’ Pathways Advisory Council Partner — Advises on career pathways in public schools
  • New York City Council Government — Engaged through formal testimony on proposed legislation (Int. 891).
  • New York City Department of Education Partner — Jointly launched Career Discovery Week and collaborates on career-connected learning initiatives and curriculum development.
  • New York City Public Schools Partner — Collaborates on career-connected learning initiatives and provides industry input through the Citywide Student Pathways Advisory Council.
  • New York State Legislature Government — Engaged in advocacy related to the state budget agreement
  • NewYork-Presbyterian Partner — Rob Speyer serves on the Board of Trustees, Executive Committee, and chairs the Real Estate Committee.
  • Peter G. Peterson Foundation Partner — Collaborated with the Partnership to launch the Small Business Resource Network.
  • Real Estate Board of New York Government — Rob Speyer served as Chairman from 2013 to 2018.
  • Regional Economic Development Council Coalition — Member of regional economic development planning body
  • SEO Partner — Collaborates on education and workforce development programs
  • Shanghai Mayor's International Business Leaders Advisory Council Government — Rob Speyer serves as Vice Chair.
  • St. Patrick's Cathedral Partner — Rob Speyer was Co-Chairman of the Construction Committee overseeing restoration and renovation of the landmark.
  • State Business Roundtable Executives Coalition — Engages with state-level business leaders on policy issues
  • Sustainability Advisory Board Coalition — Participates in advisory board focused on urban sustainability
  • Texas Economic Development & Tourism Office Government — Source of data used in PFNYC's analysis of Texas Enterprise Fund awards and economic trends.
  • Texas state government Government — Subject of comparative research analysis on economic competitiveness and development strategies.
+ 4 more
strategies · 4

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Cross-Sector Collaboration with Research-Based Consensus
    methodology: cross-sector_collaboration
    By convening experts across government, business, labor, and academia around shared urban challenges, we produce durable policy reforms because nonpartisan, evidence-informed consensus builds legitimacy and overcomes polarization.
  • Evidence-Informed Advocacy to Shape Policy and Public Discourse
    methodology: evidence_informed_advocacy
    By producing rigorous research, data analysis, and policy recommendations, we influence public policy and media narratives because credible, independent analysis shifts decision-maker perspectives and frames debates around facts rather than ideology.
  • Innovation-Driven Economic Inclusion
    methodology: innovation-driven-economic-inclusion
    By directing innovation and investment toward emerging industries and technologies, we expand economic opportunity for disadvantaged populations because inclusive growth requires proactive channeling of capital and job creation into underserved communities.
  • Private-Sector Mobilization for Urban Problem-Solving
    methodology: private-sector_mobilization
    By engaging private-sector leaders, expertise, and resources in public problem-solving, we produce more effective and scalable solutions to urban challenges because business leadership brings operational discipline, innovation capacity, and cross-sector convening power that government alone lacks.