The Mayors Fund To Advance New York City

Organization Overview

The Mayors Fund To Advance New York City is located in New York, NY. The organization was established in 1995. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Mayors Fund To Advance New York City employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mayors Fund To Advance New York City 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 06/2021, Mayors Fund To Advance New York City generated $18.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $27.9m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Mayors Fund To Advance New York City has awarded 45 individual grants totaling $2,385,000. 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

THE MAYOR'S FUND TO ADVANCE NEW YORK CITY SERVES AS THE PRIMARY VEHICLE FOR NEW YORK CITY'S BUSINESS, FOUNDATIONAL AND PHILANTHROPIC COMMUNITIES TO ENGAGE CITY GOVERNMENT, CONTRIBUTE TO PUBLIC PROGRAMS AND ENHANCE OUR CITY'S ABILITY TO SERVE ITS RESIDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONNECTIONS TO CARE - CONNECTIONS TO CARE (C2C), A $30 MILLION, FIVE-YEAR INITIATIVE THAT IS PART OF THE THRIVENYC PROGRAM LAUNCHED BY MAYOR'S FUND BOARD CHAIR CHIRLANE MCCRAY IN 2015. THROUGH CONNECTIONS TO CARE, WE ARE PARTNERING WITH COMMUNITY ORGANIZATIONS ACROSS THE FIVE BOROUGHS TO INTEGRATE MENTAL HEALTH SKILLS INTO THEIR WORK BY TAPPING INTO THE EXPERTISE OF MENTAL HEALTH PROVIDERS (MHPS).


THE COVID-19 EMERGENCY RELIEF FUND SUPPORTS HEALTH CARE WORKERS, LOCAL BUSINESSES, DISPLACED HOURLY WORKERS, FAMILIES, YOUTHS, AND VULNERABLE NEW YORKERS EXPERIENCING THE UNPRECEDENTED IMPACTS OF COVID-19.


PROGRAMS SITTING WITHIN NEW YORK CITY SERVICE, AN OFFICE OF THE MAYOR, INCLUDE OPERATION AMERICORPS AND CIVIC CORPS. THESE INITIATIVES PROMOTE VOLUNTEERISM, ENGAGE NEW YORKERS IN SERVICE, BUILD VOLUNTEER CAPACITY AND MOBILIZE THE POWER OF VOLUNTEERS AND NATIONAL SERVICE MEMBERS TO IMPACT NYC'S GREATEST NEEDS.


THE FUND, WORKING CLOSELY WITH CITY AGENCIES AND THE MAYOR'S OFFICE, ENGAGES PHILANTHROPY, THE BUSINESS SECTOR, CIVIC INVESTORS, AND THE BROADER PUBLIC IN SUPPORT OF INNOVATIVE PROGRAMS AND PROJECTS THAT ADDRESS SOME OF THE MOST PRESSING ISSUES FACING NEW YORK CITY RESIDENTS AND COMMUNITIES. WITH A BROAD AIM OF ADDRESSING ISSUES AROUND ACCESS, OPPORTUNITY, AND EQUITY, AREAS OF SPECIFIC FOCUS INCLUDE, BUT ARE NOT LIMITED TO: YOUTH AND WORKFORCE DEVELOPMENT, HEALTH, EDUCATION AND THE ARTS, SUPPORTING IMMIGRANT COMMUNITIES, FINANCIAL EMPOWERMENT, AND TECHNOLOGY AND GOVERNMENT EFFICIENCIES. THE NATURE AND HISTORY OF THE MAYOR'S FUND'S OPERATIONS MAKES IT UNIQUELY QUALIFIED TO ASSIST THE CITY IN THESE ENDEAVORS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $700,000
All other contributions, gifts, grants, and similar amounts not included above$17,539,598
Noncash contributions included in lines 1a–1f $145,000
Total Revenue from Contributions, Gifts, Grants & Similar$18,239,598
Total Program Service Revenue$0
Investment income $371,882
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $18,611,480

Grants Awarded

Over the last fiscal year, The Mayors Fund To Advance New York City has awarded $150,000 in support to 3 organizations.

Grant RecipientAmount

New York, NY

PURPOSE: CONNECTIONS TO CARE

$50,000

Brooklyn, NY

PURPOSE: CONNECTIONS TO CARE

$50,000

RED HOOK INITIATIVE

Org PageRecipient Profile

Brooklyn, NY

PURPOSE: CONNECTIONS TO CARE

$50,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that The Mayors Fund To Advance New York City has recieved totaling $110,000.

Awarding OrganizationAmount
Gray Foundation

Cohoes, NY

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.

$50,000
Gray Foundation

Cohoes, NY

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.

$50,000
John W Hill Hill And Knowlton Foundation

New York, NY

PURPOSE: TO SUPPORT THE MAYORS FUND TO ADVANCE NEW YORK CITY

$10,000
View Grant Recipient Profile

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