EIN 13-3783906

The Mayor's Fund To Advance New York City

IRS 501(c) type
501(c)(3)
Num. employees
14
Year formed
1994
Most recent tax filings
2022-06-01
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
$19,417,548
2022
Total expenses
$20,399,362
2022
Total assets
$17,518,316
2022
Num. employees
14
2022

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

The Mayor's Fund, in partnership with Mayor's office of youth employment, 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 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.
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.
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, 2022, The Fund's total net position decreased by $2,579,222, or 14%, from The previous year due To The following changes in revenue and expenses: during The year ended june 30, 2022, total contributions and grants were $18,794,547, an increase of $911,103, or 5%, from The year ended june 30, 2021. During The year ended june 30, 2022, total expenses were $20,692,769, a decrease of $7,522,710, or 27%, from The previous year.

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
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$787,200
Cities for Financial Empowerment FundIntegrating Banking Access and Financial Empowerment Into Youth Employment Programs$600,000
Cities for Financial Empowerment FundIntegrating Banking Access and Financial Empowerment Into Youth Employment Programs$600,000
...and 42 more grants received totalling $5,794,217
Federal funding details
Federal agencyProgram nameAmount
Corporation for National and Community ServiceAMERICORPS$775,176

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 06/2022
Total grants, contributions, etc.$19,201,140
Program services$0
Investment income and dividends$216,408
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$19,417,548

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

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-15990View PDF
2020-062021-05-26990View PDF
2019-062021-08-23990View PDF
2018-062019-07-25990View PDF
2017-062018-05-17990View PDF
...and 8 more Form 990s
Data update history
July 4, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 29, 2023
Updated personnel
Identified 6 new personnel
June 25, 2023
Used new vendors
Identified 6 new vendors, including , , , , , and
May 8, 2023
Received grants
Identified 7 new grant, including a grant for $550,000 from The Leona M and Harry B Helmsley Charitable Trust
April 5, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsCharities
Issues
Community improvement
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
253 Broadway 6th FL
New York, NY 10007
Metro area
New York-Newark-Jersey City, NY-NJ-PA
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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