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New York City Partnership Foundation Inc

New York, NY · EIN 133202011 · Form 990 · FY2024 · NTEE T310 · Philanthropy & Grantmaking · Medium ($1M-$10M)
revenue
$5.1M
expenses
$6.2M
net assets
$41.1M
employees
0
volunteers
6
program ratio
93%
mission · from form 990

To advance the economy of New York City and contribute directly to projects that create jobs, improve economically distressed communities and stimulate new business creation.

profile · synthesized from sources

New York City Partnership Foundation Inc supports economic development in New York City through grants and programs that foster job creation, support distressed communities, and promote public-private partnerships. The foundation funds policy analysis and leadership initiatives, primarily in collaboration with The Partnership for New York City Inc. Its activities focus on civic engagement, economic opportunity, and sustainable urban development within the city.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $200K
    Grants to Affiliate Supported The Partnership for New York City Inc. policy development and analysis activities related to issues such as economic development, educational job creation, transportation, environmental sustainability, and public education in New York City.
  2. #2 $169K
    The David Rockefeller Fellows was established in 1989 as a tribute to the civic leadership of The Partnership for New York Citys founding chairman, and to educate and engage a rising generation of private sector leaders in the civic needs of New York City so they will be able to take an active role in shaping New York Citys future. Each year approximately 30 Fellows are selected to participate in meetings and site visits that will provide a network for personal leadership development and to help Fellows become aware of the opportunities for public-private partnerships and the benefits of the partnerships between the City and their business. The Fellows meet with a number of CEOs from member companies of The Partnership for New York City, Inc., a related entity. The program counts over 500 alumni, most of whom remain active in Organization activities on an ongoing basis.
named programs · 3 · from sources

What they call their work

David Rockefeller Fellows Program
Leadership development initiative that engages rising private sector leaders in New York City's civic needs through meetings with CEOs, site visits, and education on public-private partnerships; selects approximately 30 fellows annually with over 500 alumni.
Policy Development and Analysis Grants
Provides funding to The Partnership for New York City Inc for research and policy work on economic development, job creation, transportation, environmental sustainability, and public education in New York City.
Project Loan Assistance
Offers financial assistance in the form of loans to existing projects in New York City aimed at economic revitalization and community improvement.
activities · 3 groups

What they do

  • Climate Change Research and Advocacy Funding 1 activity
    • Funding policy development and analysis for NYC economic and civic issues
      Funds policy development and analysis activities at The Partnership for New York City Inc. focused on economic development, job creation, transportation, environmental sustainability, and public education in New York City.
  • Leadership Development Programs 1 activity
    • Operating the David Rockefeller Fellows leadership development program
      Operates the David Rockefeller Fellows program, which selects approximately 30 private-sector leaders annually for leadership development through meetings, site visits, and engagement with CEOs to promote public-private partnerships in New York City; has over 500 alumni, most of whom remain actively involved in the organization.
  • Small Business and Nonprofit Lending 1 activity
    • Providing financial assistance through loans to NYC projects
      Provides loans as financial assistance to existing projects in New York City.
financials · form 990 · fy2024
revenue
Total revenue$5.10M
Contributions & grants$3.20M63%
Program service revenue$235K5%
Investment income$1.66M33%
Other revenue$0
expenses
Total expenses$6.18M
Program expenses93%
Admin / overhead7%
Fundraising0%
Salaries & benefits$1.51M
Grants paid out$3.78M
Largest expense lineCompensation
balance sheet
Total assets$41.68M
Cash$2.94M
Investments$38.69M
Liabilities$603K
Net assets$41.08M
Liquid reserves80.8 mo
3 years on record · 2020–2024 · YoY revenue -29.3%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 9
NameTitleHours/wkCompensation
Kathryn S Wylde Vice President and Director 1 $1.69M
Maria Gotsch President and Director 20 $880K
Anthony Giugliano Treasurer 5 $495K
Merrill Pond Executive Vice President $382K
Jennifer Fine Executive Vice President $378K
Peter M Cohen Secretary 6 $323K
Erin Jurew Senior Vice President 1 $319K
Arminda Aviles Kelly Senior Vice President 2 $296K
Stacey Matlen Senior Vice President 40 $289K
board members · 6
  • Howard L Sanders — Director
  • Jukay Hsu — Director, through 10/3/24
  • Khary Barnes — Director
  • Peter A Flaherty — Chairman and Director
  • Philip Mindlin — Director
  • Stewart K Gross — Director
relationships · 1

Who they work with

  • The Partnership for New York City Inc. Partner — Receives grants from New York City Partnership Foundation Inc. for policy development and analysis on economic development, job creation, transportation, environmental sustainability, and public education in New York City.
strategies · 2

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.