New York Community Trust

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The New York Community Trust was founded in 1924 to distribute the income from charitable funds established by will to improve the quality of life in New York City. It also offers services to living donors.[1] It is one of the oldest and largest community foundations in the United States, and pioneered donor advised funds in 1931. In 2011, it made grants totaling $137 million from assets of $1.9 billion in more than 2,000 charitable funds.

The Trust works with donors who are planning a deferred gift, writing a will, or giving today. Donors may set up four different types of funds at The Trust: Field-of-Interest, Unrestricted, Donor-Advised, or Designated.[2] The current programs areas for their competitive grants program (those not recommended by donor-advisors) are:

Children, Youth & Families

Community Development and the Environment

Education, Arts, & the Humanities;

Health and People with Special Needs

Publications

Annual Report

The Trust publishes an Annual Report every year.[3]

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Grants Newsletter

The Trust publishes the Grants Newsletter produced six times per year.[4]

Professional Notes

The Trust publishes Professional Notes, a Tax and Estate Planning Newsletter for professional advisors.[5]

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References

  1. ^ Anne Eisenberg (12 November 2007). "They Channel Intentions to the Right Places". New York Times. Retrieved 2009-05-09. 
  2. ^ "Giving at The Trust". New York Community Trust. Retrieved 2009-05-09. 
  3. ^ "Annual Reports". New York Community Trust. Retrieved 2009-05-09. 
  4. ^ "Grants newsletters". New York Community Trust. Retrieved 2009-05-09. 
  5. ^ "Professional Notes". New York Community Trust. Retrieved 2009-05-09. 


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Last modified on 14 November 2012, at 12:18