New York City Partnership Foundation Inc

Organization Overview

New York City Partnership Foundation Inc is located in New York, NY. The organization was established in 1990. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York City Partnership Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, New York City Partnership Foundation Inc generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $6.7m during the year ending 12/2021. While expenses have increased by 16.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, New York City Partnership Foundation Inc has awarded 12 individual grants totaling $4,693,981. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

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.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PORTFOLIO PROGRAM SERVICES PROVIDED FINANCIAL ASSISTANCE IN THE FORM OF LOANS TO EXISTING PROJECTS IN NEW YORK CITY.


GRANTS TO AFFILIATE SUPPORTED THE PARTNERSHIP FOR NEW YORK CITY INC. POLICY DEVELOPMENT AND ANALYSIS ACTIVITIES RELATED TO ISSUES SUCH AS ECONOMIC DEVELOPMENT, JOB CREATION, TRANSPORTATION, ENVIRONMENTAL SUSTAINABILITY, AND PUBLIC EDUCATION IN NEW YORK CITY.


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 20-30 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 480 ALUMNI, MOST OF WHOM REMAIN ACTIVE IN ORGANIZATION ACTIVITIES ON AN ONGOING BASIS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,023,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,023,000
Total Program Service Revenue$258,462
Investment income $656,135
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $405,044
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,342,641

Grants Awarded

Over the last fiscal year, New York City Partnership Foundation Inc has awarded $3,346,141 in support to 6 organizations.

Grant RecipientAmount

QUEENS COUNTY CHAMBER OF COMMERCE FOUNDATION INC

Org PageRecipient Profile

Jackson Heights, NY

PURPOSE: Small Business Resource

$1,202,459

BROOKLYN ALLIANCE INC

Org PageRecipient Profile

Brooklyn, NY

PURPOSE: Small Business Resource

$883,222

MANHATTAN CHAMBER OF COMMERCE FOUNDATION

Org PageRecipient Profile

New York, NY

PURPOSE: Small Business Resource

$606,476

HUB-THIRD AVENUE MERCHANTS DISTRICT MANAGEMENT ASSOCIATION INC

Org PageRecipient Profile

Bronx, NY

PURPOSE: Small Business Resource

$226,992

STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC

Org PageRecipient Profile

Staten Island, NY

PURPOSE: Small Business Resource

$226,992

PARTNERSHIP FOR NEW YORK CITY INC

Org PageRecipient Profile

New York, NY

PURPOSE: Civic engagement

$200,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 12 grants that New York City Partnership Foundation Inc has recieved totaling $4,401,000.

Awarding OrganizationAmount
Peter G Peterson Foundation

New York, NY

PURPOSE: TO SUPPORT THE ECONOMIC RECOVERY OF NEW YORK CITY AND SMALL BUSINESSES AFFECTED BY THE COVID-19 PANDEMIC.

$3,903,000
Peter G Peterson Foundation

New York, NY

PURPOSE: TO SUPPORT THE ECONOMIC RECOVERY OF NEW YORK CITY AND SMALL BUSINESSES AFFECTED BY THE COVID-19 PANDEMIC.

$219,000
American Express Foundation

New York, NY

PURPOSE: COMMUNITY SERVICE

$75,000
The Blackbaud Giving Fund

Charleston, SC

PURPOSE: GENERAL SUPPORT

$51,000
The Blackbaud Giving Fund

Charleston, SC

PURPOSE: GENERAL SUPPORT

$51,000
Rockefeller Philanthropy Advisors Inc

New York, NY

PURPOSE: GENERAL

$50,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,670,776
Earnings$406,200
Other Expense$92,335
Ending Balance$3,984,641

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