The New York Community Trust was founded in 1924 by the Vice President of the United States Mortgage and Trust Company, Frank J. Parsons, where 12 banks were invited to serve as part of the Trustees' Committee.
The trust focuses on giving grants in program areas including community development and environment; health and people with special needs; education, arts, and human justice; and children, youth, and families.
It has two divisions in Westchester and Long Island called Westchester Community Foundation and Long Island Community Foundation, respectively.
Donor adviser funds were developed in 1931 by the New York Community Trust. Assets in community foundations nationally were reported at $66 billion in assets in 2013 and are probably larger now....more
California. As part of its Big Lift initiative, the Silicon Valley Community Foundation has announced the first cohort of local school districts to...more
The $60 million foundation, which focuses its grant-making in Brooklyn, was intended to grow in influence and size when it transitioned from the...more
The Multi-State Mercury Products Campaign, with the help of $220,000 in grants from The New York Community Trust, has recently gotten a bill passed into law.
The bill mandates makers of...more
States collected $25 billion in tobacco revenue from the 1998 state tobacco settlement and tobacco taxes, but spent just 1.9 percent of it on preventing kids from smoking and helping smokers...more
As we reflect back on Sandy, Philanthropy New York will keep the conversation going, releasing our research project on philanthropic giving during and after the...more
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.