Public Benefit : Community and Housing Development

Mayor's Fund to Advance New York City

Promoting partnerships between the City and the private sector

Rating

Overall Rating    
      (67.42)
Organizational Efficiency      
Program Expenses 99.2%    
Administrative Expenses 0.4%    
Fundraising Expenses 0.3%    
Fundraising Efficiency $0.00    
Efficiency Rating    
      (39.92)
Organizational Capacity      
Primary Revenue Growth 38.9%    
Program Expenses Growth 63.3%    
Working Capital Ratio (years) 0.92    
Capacity Rating    
      (27.50)

Income Statement     (FYE 06/2008)

Revenue  
Primary Revenue $43,059,170
Other Revenue $900,273
Total Revenue $43,959,443
   
Expenses  
Program Expenses $36,365,366
Administrative Expenses $172,363
Fundraising Expenses $111,445
Total Functional Expenses $36,649,174
   
Payments to Affiliates $0
Excess (or Deficit) for the year $7,310,269
   
Net Assets $33,745,299

Charts

Expenses Breakdown

Expenses Legend

Revenue/Expenses Trend

Revenue-Expense Legend

Contact Information

Mayor's Fund to Advance New York City
One Centre Street
23rd Floor
New York, NY 10007
tel: (212) 788-7794
fax: (212) 669-8484
EIN: 13-3783906

Contact Email
Visit Web Site

Leadership      (FYE 06/2008)

Name Title Compensation % of Expenses
Megan Sheekey President (The person identified as holding the highest position of management, and therefore who would normally be responsible for carrying out the mission of the charity and leading the organization on a day-to-day basis.) $134,000 0.36%

Donor Privacy Policy

YES, this charity has a written donor privacy policy.

Mission

Established in 1994, the Mayor's Fund to Advance New York City serves as an important vehicle for foundations, corporations and individuals to contribute to public programs and enhance the City's ability to serve its residents. Since government can't do it all, the Mayor's Fund is committed to making a meaningful difference in the lives of New Yorkers with the help of private sector partners. The Fund invests private donations in programs to support innovation and emerging needs, while evaluating their effectiveness and feasibility of future public funding. The Mayor's Fund brings people together to fill vital needs, support innovative new initiatives, and help make New York an even more vibrant and dynamic place to live and work.

Charities Performing Similar Types of Work

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Mayor's Fund to Advance New York City - NY 67.42
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