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Community Development : Housing and Neighborhood Development

Fund for the City of New York

Improving the quality of life for all New Yorkers

three stars

87.83

121 Avenue of the Americas 6th Floor
New York, NY 10013
tel: (212) 925-6675   Web Site
EIN: 13-2612524

Board Leadership
Vaughn C. Williams
Chair

CEO
Mary McCormick
President

  Score
(out of 100)
Rating
Overall Score & Rating 87.83 three stars
  Financial 90.00 four stars
  Accountability & Transparency 86.00 three stars
This rating was published 03/01/2019 and includes data from FY2017, the most recent 990 received at that time.

The Fund for the City of New York was established by the Ford Foundation in 1968 with the mandate to improve the quality of life for all New Yorkers. In partnership with government agencies, nonprofit institutions and foundations, the Fund has developed and helped to implement innovations in policy, programs, practices and technology in order to advance the functioning of government and nonprofit organizations in New York City and beyond. The Fund seeks out, adapts, applies and assesses ways to enable government and nonprofit agencies to achieve excellence.

The Fund for the City of New York was established by the Ford Foundation in 1968 with the mandate to improve the quality of life for all New Yorkers. In partnership with government agencies, nonprofit institutions and foundations, the Fund has developed and helped to implement innovations in policy, programs, practices and technology in order to advance the functioning of government and nonprofit organizations in New York City and beyond. The Fund seeks out, adapts, applies and assesses ways to enable government and nonprofit agencies to achieve excellence.

Impact Information

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Financial

four stars

90.00

Accountability & Transparency

three stars

86.00

This rating was published 03/01/2019 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
95.1%
  Administrative Expenses 4.2%
  Fundraising Expenses 0.5%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 0.82
  Program Expenses Growth 19.8%
  Liabilities to Assets 54.4%
All data for Financial Performance Metrics calculations was provided by Fund for the City of New York on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Fund for the City of New York on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Fund for the City of New York (NY) 87.83 three stars
Faith in Action (CA) 87.27 three stars
Business Volunteers Unlimited (OH) 86.70 three stars
Community Voices Heard (CVH) (NY) 89.02 three stars
West Valley Community Services (CA) 87.65 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $45,915,780
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $32,887,207
Total Contributions $78,802,987
   Program Service Revenue $2,724,403
Total Primary Revenue $81,527,390
   Other Revenue $1,057,088
TOTAL REVENUE $82,584,478
   
EXPENSES  
   Program Expenses $78,712,279
   Administrative Expenses $940,555
   Fundraising Expenses $132,669
TOTAL FUNCTIONAL EXPENSES $79,785,503
   
Payments to Affiliates $0
Excess (or Deficit) for the year $2,798,975
   
Net Assets $65,649,288

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Center for Court Innovation Program $34,085,986 43.3%
Partner Programs $28,535,748 36.3%
Core Programs $16,090,545 20.4%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-09 03/01/2019 87.83 three stars
2016-09 03/01/2018 84.80 three stars
2015-09 03/01/2017 88.75 three stars
2014-09 06/01/2016 86.72 three stars
 
CN 2.0
2014-09 02/01/2016 88.89 three stars
2013-09 02/01/2015 94.61 four stars
2012-09 12/20/2013 92.55 four stars
2011-09 09/01/2012 91.56 four stars
2010-09 12/01/2011 88.81 three stars
2009-09 09/20/2011 76.43 two stars
 
CN 1.0
2009-09 02/01/2011 78.89 two stars
2008-09 04/01/2010 86.47 three stars
2007-09 05/01/2009 76.60 two stars
2006-09 02/01/2008 88.53 three stars
2005-09 12/01/2006 86.46 three stars
2004-09 03/01/2006 96.40 four stars
2003-09 01/05/2005 82.01 three stars
2002-09 03/01/2004 90.62 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-2612524
Name in IRS Master File FUND FOR THE CITY OF NEW YORK INC
NTEE Code T31
NTEE Classification Community Foundations
NTEE Type Philanthropy, Voluntarism and Grantmaking Foundations
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (602) Gifts, grants, or loans to other organizations
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date February, 1982
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End September
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • September, 2017
  • September, 2016
  • September, 2015
  • September, 2014
  • September, 2013
Compensation % of Expenses Paid to Title
$347,599 0.43% Mary McCormick President

Highly Rated

Charity Name & State Overall Score Overall Rating
Fund for the City of New York (NY) 87.83 three stars
Foundation for the Mid South (MS) 90.19 four stars
Chicago Cares (IL) 90.59 four stars
Catholic Charities CYO, Archdiocese of San Francisco (CA) 90.51 four stars
Citizens Committee for New York City (NY) 93.18 four stars

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Charity Contact Info

Fund for the City of New York
121 Avenue of the Americas
6th Floor
New York, NY 10013
tel: (212) 925-6675
fax: (212) 925-5675
EIN: 13-2612524

Visit Web Site

Board Leadership

Vaughn C. Williams
Chair

CEO

Mary McCormick
President

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