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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

88.76

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

Board Leadership
Michael Arad
Chair

CEO
Mary McCormick
President

  Score
(out of 100)
Rating
Overall Score & Rating 88.76
  Financial 92.50
  Accountability & Transparency 86.00
This rating was published 02/01/2021 and includes data from FY2019, 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.

Financial

92.50

Accountability & Transparency

86.00

This rating was published 02/01/2021 and includes data from FY2019, 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)
98.4%
  Administrative Expenses 1.4%
  Fundraising Expenses 0.1%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 0.75
  Program Expenses Growth 14.3%
  Liabilities to Assets 48.7%
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) 88.76
Brighton Park Neighborhood Council (IL) 92.02
ULI Foundation (DC) 95.63
Fifth Avenue Committee (NY) 88.53
Southern Minnesota Initiative Foundation (MN) 92.16

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $35,100,822
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $56,962,016
Total Contributions $92,062,838
   Program Service Revenue $4,795,378
Total Primary Revenue $96,858,216
   Other Revenue $679,159
TOTAL REVENUE $97,537,375
   
EXPENSES  
   Program Expenses $90,269,523
   Administrative Expenses $1,509,749
   Fundraising Expenses $117,000
TOTAL FUNCTIONAL EXPENSES $91,896,272
   
Payments to Affiliates $0
Excess (or Deficit) for the year $5,641,103
   
Net Assets $77,202,984

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 $49,282,337 54.6%
Partner Programs $22,305,889 24.7%
Core Programs for Nonprofit and Public Agencies $18,681,297 20.7%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-09 02/01/2021 88.76
2018-09 02/01/2020 87.83
2017-09 03/01/2019 87.83
2016-09 03/01/2018 84.80
2015-09 03/01/2017 88.75
2014-09 06/01/2016 86.72
 
CN 2.0
2014-09 02/01/2016 88.89
2013-09 02/01/2015 94.61
2012-09 12/20/2013 92.55
2011-09 09/01/2012 91.56
2010-09 12/01/2011 88.81
2009-09 09/20/2011 76.43
 
CN 1.0
2009-09 02/01/2011 78.89
2008-09 04/01/2010 86.47
2007-09 05/01/2009 76.60
2006-09 02/01/2008 88.53
2005-09 12/01/2006 86.46
2004-09 03/01/2006 96.40
2003-09 01/05/2005 82.01
2002-09 03/01/2004 90.62

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, 2018
  • September, 2017
  • September, 2016
  • September, 2015
  • September, 2014
Compensation % of Expenses Paid to Title
$323,870 0.35% Mary Mccormick President

Highly Rated

Charity Name & State Overall Score Overall Rating
Fund for the City of New York (NY) 88.76
Hope Community (MN) 91.10
Greater Phoenix Economic Council (AZ) 91.22
Funders' Network for Smart Growth and Livable Communities (FL) 90.21
Together Colorado (CO) 89.30

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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

Michael Arad
Chair

CEO

Mary McCormick
President

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