New York Community Trust
From Wikipedia, the free encyclopedia
The New York Community Trust was founded in 1924 to distribute the income from charitable funds established by will to improve the quality of life in New York City. It also now offers services to living donors.[1] It is one of the oldest and largest community foundations in the United States. In 2008, it made grants totaling $167 million from assets of $1.5 from nearly 2,000 charitable funds.
Donors may set up four different types of funds at the trust — Field-of-Interest, Unrestricted, Donor-Advised, or Designated.[2]
The Trust makes grants in four general areas: Children, Youth, & Families; Community Development and the Environment; Education, Arts, & the Humanities; and Health and People with Special Needs. It publishes details of its work in its Grants Newsletter produced five times per year.[3]
[edit] References
- ^ Anne Eisenberg (12 November 2007). "They Channel Intentions to the Right Places". New York Times. http://query.nytimes.com/gst/fullpage.html?res=9C06E2DE1430F931A25752C1A9619C8B63. Retrieved on 2009-05-09.
- ^ "Types of Funds". New York Community Trust. http://www.nycommunitytrust.org/page24877.cfm. Retrieved on 2009-05-09.
- ^ "Grants newsletters". New York Community Trust. http://www.nycommunitytrust.org/page27604.cfm. Retrieved on 2009-05-09.
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