EIN 13-3783906

The Mayor's Fund To Advance New York City

IRS 501(c) type
501(c)(3)
Num. employees
16
Year formed
1994
Most recent tax filings
2023-06-01
Description
The Mayor's Fund connects government and private sector resources to support innovative programs that improve the lives of New York City residents.
Total revenues
$10,878,832
2023
Total expenses
$11,343,971
2023
Total assets
$15,988,724
2023
Num. employees
16
2023

Program areas at The Mayor's Fund To Advance New York City

Launched in early 2023, The asylum seeker relief Fund aims To support public-private partnership projects designed To address The emergency needs of migrants. The Mayor's Fund has raised $6.25m with roughly half in financial contributions and The other half being in-kind. The philanthropic and corporate partners have been critical in The Mayor's Fund efforts in The areas of emergency needs, such as clothing, hygiene products and life essentials, as well as social service, legal, work readiness, and other supportive services. Here are a few highlights of The Fund's impact: 1. Established mini grants benefitting 19 houses of worship throughout 2023, and total served has surpassed 5,000 individuals. 2. Provided 15 immediate service grantees with grants up To The amount $25k. They served 26,118 clients and covered 132 zip-codes. 3. Recruited a non-profit organization dedicated To providing basic vision testing and New eyeglasses To those in underserved communities primarily To school age children in order To help them To see better and thereby increase their chances of success in school. They served around 200 participants with eyeglasses and vision tests
The twin parks fire, on 1/9/22 in The bronx, impacted 158 households. The Mayor's Fund raised $4.4 million To support victims, and contracted with bronxworks To provide case management services ($1m) and distribute $3m in cash assistance. The remaining funds are being used To support other emergency needs.
Nyc office of talent: The Mayor's Fund, in partnership with The department of youth and community development, secured a $1.5 million grant that will expand The implementation of two stem-related initiatives over The next 3 years, exploring futures and college now for careers, serving middle and high school students.
The Mayor's Fund, in partnership with The department of consumer affairs office of financial empowerment, and The Mayor's office for people with disabilities secured $50,000 from The taft foundation for empowered nyc To extend financial counseling services To New yorkers with disabilities. The New York City soccer initiative (nycsi), a Mayor's Fund partnership with adidas, nyc football club, u.s. soccer foundation, and etihad airways, To promote physical health, youth development, and community engagement through soccer, completed its fifth year. In 2022, nycsi hosted its first community cup, a celebratory 5v5 tournament on The 50 nycsi-constructed blue mini-pitches with young people in all five boroughs.the Mayor's Fund launched more than a roof, which provided funding for The following programs: - in partnership with The nyc human resources administration, The Mayor's Fund provided 460 target gift cards To nyc hra's office of domestic violence clients, transitioning in and out of shelter, for everyday essentials like clothing, toiletries and self-care products To household supplies, educational materials, and technology. - in partnership with The unity project, The Mayor's Fund worked with an lgbtq+ serving vendor To provide direct cash assistance To 80 vulnerable New yorkers hardest hit by The covid-related economic crisis. - in partnership with The Mayor's office of criminal justice, The Mayor's Fund granted funding To a nonprofit working To enhance workforce development and life skills programming that support successful reentry for women, including an in-house entrepreneurship training, a technology literacy curriculum, and career mentorship. During The year ended june 30, 2023, The Fund's total net position decreased by $2,727,347, or 15%, from The previous year due To The following changes in revenue and expenses: during The year ended june 30, 2023, total contributions and grants were $9,625,967, a decrease of $9,168,580, or 49%, from The year ended june 30, 2022. During The year ended june 30, 2023, total expenses were $11,646,038, a decrease of $9,194,856, or 44%, from The previous year.
The connections To care (c2c) program, implemented 2016 To 2021, integrated mental health support at community-based organizations (cbos) serving low-income and at-risk populations. In fy22 cbo partners identified strategies To spread and replicate The lessons of c2c and sustain The mental health integration model.

Grants made by The Mayor's Fund To Advance New York City

GranteeGrant descriptionAmount
The Hope ProgramConnections To Care$50,000
Red Hook InitiativeConnections To Care$50,000
The Door - A Center of AlternativesConnections To Care$50,000

Who funds The Mayor's Fund To Advance New York City

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Rockefeller FoundationIn Support of Providing Services and Care To Newly Arrived Asylum Seekers in New York City$350,000
The Pinkerton FoundationYouth and Family Justice$300,000
National Philanthropic TrustPublic, Societal Benefit$250,000
...and 36 more grants received totalling $2,054,384

Personnel at The Mayor's Fund To Advance New York City

NameTitleCompensation
Marcella TillettExecutive Director$53,751
Jill PriceDirector of Finance and Operations
Leah PrestamoLegal Counsel and Director of Programs and Policy$138,897
Sinead KeeganDirector of Social Innovation Fund$124,846
Chris KelsawPast Director of Finance and Operations$112,638
...and 17 more key personnel

Financials for The Mayor's Fund To Advance New York City

RevenuesFYE 06/2023
Total grants, contributions, etc.$10,354,955
Program services$161,162
Investment income and dividends$362,715
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$10,878,832

Form 990s for The Mayor's Fund To Advance New York City

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-07990View PDF
2022-062023-05-15990View PDF
2021-062022-05-06990View PDF
2020-062021-05-26990View PDF
2019-062021-08-23990View PDF
...and 10 more Form 990s
Data update history
July 16, 2024
Used new vendors
Identified 3 new vendors, including , , and
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $28,525 from American Online Giving Foundation
February 4, 2024
Received grants
Identified 17 new grant, including a grant for $350,000 from The Rockefeller Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
October 25, 2023
Received grants
Identified 38 new grant, including a grant for $560,000 from Cities for Financial Empowerment Fund
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsCharities
Issues
Community improvement
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
253 Broadway St 6th FL
New York, NY 10007
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
nyc.gov/site/fund/index.page 
Phone
(212) 442-6357
Facebook page
mayorsfundtoadvancenyc 
Twitter profile
@nycmayorsfund 
IRS details
EIN
13-3783906
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1994
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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