Disable all preview features

Community Development : Housing and Neighborhood Development

Mayor's Fund to Advance New York City

Promoting partnerships between the City and the private sector

three stars

87.30

253 Broadway 6th Floor
New York, NY 10007
tel: (212) 788-7794   Web Site
EIN: 13-3783906

Board Leadership
Chirlane I. McCray
Chair

CEO
Darren Bloch
Executive Director

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 87.30 three stars
  Financial 82.50 three stars
  Accountability & Transparency 96.00 four stars
This rating was published 09/01/2018 and includes data from FY2017, the most recent 990 received at that time.

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.

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.

Impact Information

data icon Looking for Impact Information?

Charity Navigator is collaborating with GuideStar, GlobalGiving, Classy, and ImpactMatters to display impact-related information on our rated profile pages. Each partner collects this data directly from nonprofits and provides updates to Charity Navigator when available.

If you are interested in seeing this charity provide its impact information, please click below. This will indicate your interest and encourage the nonprofit to share data with partners that are currently collecting information.

Financial

three stars

82.50

Accountability & Transparency

four stars

96.00

This rating was published 09/01/2018 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)
98.2%
  Administrative Expenses 0.6%
  Fundraising Expenses 1.0%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 0.46
  Program Expenses Growth -24.7%
  Liabilities to Assets 19.1%
All data for Financial Performance Metrics calculations was provided by Mayor's Fund to Advance New York City on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Mayor's Fund to Advance New York City on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Mayor's Fund to Advance New York City (NY) 87.30 three stars
The Pike Place Market Foundation (WA) 97.17 four stars
Community Coalition (CA) 92.02 four stars
Mountain Association for Community Economic Development (KY) 96.63 four stars
Robin Hood Foundation (NY) 92.38 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $17,054,365
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $4,244,615
Total Contributions $21,298,980
   Program Service Revenue $0
Total Primary Revenue $21,298,980
   Other Revenue $124,035
TOTAL REVENUE $21,423,015
   
EXPENSES  
   Program Expenses $22,247,850
   Administrative Expenses $273,383
   Fundraising Expenses $349,454
TOTAL FUNCTIONAL EXPENSES $22,870,687
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,447,672
   
Net Assets $14,100,368

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
Connections to Care $3,322,670 14.9%
New York Cirty Service $3,272,028 14.7%
Office of Immigrant Affairs $2,461,566 11.1%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-06 09/01/2018 87.30 three stars
2016-06 09/01/2017 86.67 three stars
2015-06 10/01/2016 92.48 four stars
2014-06 06/01/2016 95.47 four stars
 
CN 2.0
2014-06 11/01/2015 90.67 four stars
2013-06 10/01/2014 96.64 four stars
2012-06 11/01/2013 94.04 four stars
2011-06 10/01/2012 96.22 four stars
2010-06 04/01/2012 97.17 four stars
2010-06 11/01/2011 86.56 three stars
2009-06 09/20/2011 89.93 three stars
 
CN 1.0
2009-06 11/01/2010 97.41 four stars
2008-06 10/01/2009 97.42 four stars
2007-06 10/01/2008 95.82 four stars
2006-06 07/01/2007 99.86 four stars
2005-06 11/01/2006 89.78 three stars
2004-06 12/01/2005 97.35 four stars
2003-06 11/01/2004 97.28 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 13-3783906
Name in IRS Master File THE MAYORS FUND TO ADVANCE NEW YORK CITY
NTEE Code S20
NTEE Classification Community, Neighborhood Development, Improvement (General)
NTEE Type Community Improvement, Capacity Building
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (404) Community promotion
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 April, 1995
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$190,344 0.83% Darren S. Bloch President

Highly Rated

Charity Name & State Overall Score Overall Rating
Mayor's Fund to Advance New York City (NY) 87.30 three stars
WE ACT for Environmental Justice (NY) 97.44 four stars
Eastern Market Corporation (MI) 91.59 four stars
Community Voices Heard (CVH) (NY) 89.02 three stars
Greater Phoenix Economic Council (AZ) 90.59 four stars

Compare These Charities (Highly Rated)

Are you the representative for this organization? If so, click here to access the application form. As an official representative you will have the ability to update some of the information on this page.

Charity Contact Info

Mayor's Fund to Advance New York City
253 Broadway
6th Floor
New York, NY 10007
tel: (212) 788-7794
fax: (212) 312-0930
EIN: 13-3783906

Visit Web Site

Board Leadership

Chirlane I. McCray
Chair

CEO

Darren Bloch
Executive Director

Join Our Mailing List

Join over 400,000 other informed givers and get updates on charity ratings, new features, hot topics, and tips for donating.