On the Waterfront

On the Waterfront ANNUAL REPORT 2017

WELCOME. Here you’ll find the stories of generous New Yorkers like you who have joined us to support the best nonprofits that make our city and suburbs better.

Together we’re changing lives.

ANNUAL REPORT 2017 2 A YEAR OF MAKING NEWS 4 PHILANTHROPY’S GREAT BALANCING ACT

6 SPECIAL REPORT:

ON THE WATERFRONT

18 YOUR GENEROSITY AT WORK

28 BECOME A DONOR 32 FOR ATTORNEYS AND

FINANCIAL ADVISORS

Front and back cover photo and this photo by Ari Mintz for The Trust

34 MEET OUR BOARD 37 SUBURBAN DIVISIONS: LONG ISLAND AND WESTCHESTER

40 FINANCIALS 2017 FROM THE TOP: This 57-foot descent on Governors Island is the longest slide in New York State—and an example of a park The Trust helped improve.

Our feature story shows how we have worked with nonprofit groups for more than a decade to make the island an attractive refuge for New Yorkers and visitors alike.

50 FUNDS IN 2017 58 GRANTS IN 2017

ANNUAL REPORT

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THE ELDERLY IN NEW YORK 2017 IN TWEETS

A Year of Making News

New York Community Trust

@nycommtrust The New York Community Trust helps generous New Yorkers be smart philanthropists.

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@nycommtrust – 3 Aug 2017 We’re working to preserve affordable housing, prevent homelessness, and advocate for tenants.

@nycommtrust – 5 Jul 2017 “LGBT history is American history” so we are helping preserve @iAliceAusten in Staten Island.

@nycommtrust – 18 May 2017 The City’s Cultural Plan will drop in July. Read @mccrthykrr and Michelle Coffey’s take.

@nycommtrust – 10 May 2017 This #MothersDay, join us in helping @NFP_nursefamily provide home visits to young & low-income first-time moms and their babies.

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@nycommtrust – 15 Nov 2017 Proud to be on the steps of City Hall today standing up for our waterways.

@nycommtrust – 14 Dec 2017 Proud to support this great jobs program at @RTC_NYC Roundabout’s Entire Theatrical Workforce Development Program Cohort Lands Jobs.

Our job? We can describe it in just 65 characters: To use our knowledge, creativity, and

@nycommtrust – 14 Dec 2017 Big issues require big solutions! @thenyic is coordinating statewide efforts to support and protect immigrants with a $450,000 grant #Immigration.

@nycommtrust – 17 Nov 2017 We can always learn something new from incredible NYC orgs.

Congrats to the dedicated winners of @npccny‘s Excellence Awards.

resources to improve lives.

Follow us at @nycommtrust

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FROM THE CHAIR AND PRESIDENT

Philanthropy’s Great Balancing Act

P Valerie S. Peltier, chair

hilanthropy rarely gets a lot of publicity, but it is often the target of criticism.

The criticism falls into two camps: one charges that charitable foundations are always pursuing the next new thing; the other calls them hide-bound, funding the same causes and nonprofits year after year. Of course, the challenge is to do both—take immediate action when needed and stick with issues that require continued, thoughtful commitment. It is a challenge and a responsibility The New York Community Trust works hard to meet.

As a rapid response to potential action in Washington, D.C., we began the year by establishing a $1 million fund to protect the civil liberties of many vulnerable New Yorkers

BOARD FIELD TRIP: At the Billie Holiday

Theatre in Brooklyn, our board, donors, and staff admire a display of African-American playbills backstage. The theater is part of Bedford Stuyvesant Restoration Corporation, a long-time Trust grantee.

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in the immigrant and LGBTQ communities.

At the same time, for the 33rd year in a row, we supported research and treatment for financially needy cancer patients fighting that disease.

Beginning with our first grant in 1924, The Trust has helped our region become a better place for young and old, newcomers and lifelong residents. We have withstood the tests of booms, busts, the Depression and the Great Recession. Across nine decades, we have learned the value of smart, patient philanthropy and acquired the skills to take quick, decisive action when necessary.

This report showcases dozens of important projects from 2017. The feature story spotlights our efforts to help revitalize New York City’s 520 miles of waterfront, and hundreds more in

2017, The Trust continued to combine money left from these donors and others to tackle a range of problems. Beginning on the next page, you can read about the accomplishments they made possible.

A January 2018 Inside Philanthropy article examined the “delicate balance between being responsive and sticking with core priorities,” praising The Trust for “doing a great job.” That balance is the standard we pledge to meet. We are confident in our ability to deliver on our promise because of a dedicated board, expert staff, and the talented nonprofits with whom we work. None of the success can be achieved without the generous New Yorkers who put their trust in us. Thank you for your continued support. n

Lorie A. Slutsky, president

Photo by Ari Mintz for The Trust

Westchester and on Long Island. New York’s waterfront provides recreation, transportation, and economic opportunities. It also is a buffer against storm surges and rising seas resulting from climate change. As the only foundation focused on the five boroughs of New York City as well as Westchester and Long Island, The Trust has an obligation to ensure the continued accessibility and sustainability of our waterfront for future generations.

Generally, our donors do not come to The Trust and say, “I want to leave my estate for the waterfront.” Donors do, however, tell us they want to enhance parks (as William Donnell did), preserve open spaces (as Harry and Sarah Rogers did), and protect the environment (as a descendant of Henry Phillip Kraft did). In

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THE ELDERLY IN NEW YORKWATERFRONT SPECIAL REPORT: ON THE

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or decades, New Yorkers avoided the waterfront as it became increasingly dirty, derelict, and even dangerous.

By the 1970s, the Chelsea Piers, unsafe for boats, were used to store impounded cars. Soon after, the Brooklyn Navy Yard was all but abandoned—with cranes rusting at six drydocks where, during World War II, 70,000 workers built battleships for the U.S. Navy.

And over the years, the Coast Guard pulled out of Governors Island, leaving crumbling barracks filled with asbestos and lead.

The nadir came in the 1980s: By then, highways and fences blocked access to the water. Even if anyone wanted to take a stroll or try fishing, waste dumped for years had poisoned the Hudson, the East River, the Bronx River, and New York Harbor, which once was home to more than half the world’s oysters.

Where some New Yorkers saw industrial wastelands and tainted rivers to avoid, The New York Community Trust and others saw unlimited opportunities to reclaim the waterfront for jobs, transportation, recreation, education, and the arts. Since the 1990s, we have invested millions of dollars in groups that are painstakingly changing how New Yorkers interact with the city’s 520 miles of waterfront, plus hundreds more on Long Island and in Westchester.

Businesses, government, and nonprofits have joined to re-open the waterfront to all New Yorkers.

Today, joggers throng paths in Red Hook, summer visitors fill Governors Island ferries, and a $2 billion tech university rises along the edge of Roosevelt Island.

“We are fortunate to work with visionaries who realize that reviving the waterfront is key to enhancing Continued on page 8

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TURNING THE TIDES: New York Harbor and the rivers that flow into it are recovering from hundreds of years of waste dumping and poorly planned development on the shores. The Trust is helping with the transformation, using money left by donors through the decades.

Photographs

by Ari Mintz for The Trust

The Waterfront That New York Forgot...

Then Rediscovered

The Trust is helping revive hundreds of miles of waterfront, from a boat-building workshop in the Bronx to an oyster bed in Long Island Sound. And New Yorkers are returning to work and play at one of our most precious resources.

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THE ELDERLY IN NEW YORKWATERFRONT SPECIAL REPORT: ON THE the quality of life across New York,” says Arturo Garcia-Costas, who oversees The Trust’s environmental grantmaking.

To improve the waterfront, Trust program staff combine money from donors who left funds for a variety of causes. Although some of these bequests were made nearly a century ago, they address today’s problems.

For example, The Trust has a fund for the environment, thanks to the family of Henry Phillip Kraft, an inventor who made his fortune in the 1920s.

Another fund is dedicated to protecting air and water because of the generosity of Harry and Sarah Rogers, a cabbie and his stockpicking wife, who died more than 25 years ago.

Other donors are very much alive and engaged in philanthropy.

William Donnell, an investor, started a fund in The Trust to preserve open spaces, among other things. Marcy Brownson cares about parks. “Where there used to be warehouses and tumble-down wharves,” she says, “now we walk the emerald necklace, knowing The Trust had a role in making this possible.”

I GOVERNORS ISLAND: Visitors try a 300-foot zip line, thanks in part to Trust grants that helped turn a dilapidated Coast Guard base into a popular seasonal destination. With our support, the Regional Plan Association recommended uses for the island, ranging from concerts to art exhibitions. Later, we supported Friends of Governors Island as it planted gardens, and Trust for Governors Island as it opened studios to artists and visitors.

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t’s difficult to choose a single place that represents The Trust’s efforts on the waterfront, but the stretch of the East River from Astoria to Dumbo is a good starting place. A few highlights: We are longtime funders of the Waterfront Alliance, which enlists businesses, government, and civic organizations for everything from preserving jobs to making sure the East River Ferry takes workers to areas where subway and bus transportation is limited.

When an investment banker, Milton Puryear, founded the Brooklyn Greenway Initiative to connect bike paths instead of expanding the Brooklyn-Queens Expressway, he, too, got support from the Trust’s environmental funds.

Meanwhile, arts funds from The Trust underwrite fellowships

for emerging artists at Smack Mellon Studio, which faces the Brooklyn Bridge and attracts art-lovers to Dumbo. Other Trust fellows have created public art at Socrates Sculpture Park, overlooking the East River in Astoria, where The Trust also helped fund a landscape master plan as well as a plan to prepare for the addition of a building on the site.

“The East River is the new Central Park,” says Roland Lewis, CEO and president of the Waterfront Alliance, which successfully pushed for a kayak launch and free kayaks by the soccer fields, picnic tables, and barbecue grills at the piers south of the Brooklyn Bridge. He refers to the restored piers as “the Hamptons for people who cannot afford the Hamptons.”

Farther north, the Bronx River, once a graveyard for auto parts, is slowly transforming into a refuge for neighbors as well as wildlife. Groups we support, such as the Southern Bronx River Watershed Alliance, have been cleaning up the water and the shore. In Starlight Park, the Bronx River Alliance is building environmentally friendly headquarters, to monitor water quality and offer canoe trips.

Twenty years ago, Roderick Jenkins, who coordinates our youth development grantmaking, was impressed by the way start-up nonprofit Rocking the Boat used boat building to teach math skills and environmental education. Jenkins encouraged founder Adam Green to submit a proposal for funds to bring his program out of the basement of a Bronx apartment building. Now in its own workshop, it reaches thousands of young people. As Green puts it: “Our kids don’t just build boats, our boats build kids.”

Just across the county line, one of our two suburban divisions, the Westchester Community Foundation,

funded Groundwork Hudson Valley to engage residents and planners in removing layers of concrete covering the Saw Mill River. The Saw Mill was buried in the 1920s because of industrial pollution.

This isn’t to say we have resolved centuries of problems. In fact, the new popularity of the region’s waterfront brings new challenges.

In gentrified areas, the demand for luxury apartments and the arrival of national stores and banks pushes working people and neighborhood businesses out.

Flooding is probably the biggest worry along the resurgent waterways. In 2012, superstorm Sandy inundated businesses and homes from the Rockaways to Staten Island, and from Battery Park to Long Island’s Long Beach. The centuryold Regional Plan Association, which we support, recently warned that hundreds of thousands of residents are at risk as sea levels rise.

In an ambitious project created largely with Trust support, the Waterfront Alliance developed guidelines for development along shorelines, something akin to the LEED certification for green buildings. The certification calls for creating buffer areas of parks and open space to absorb storm surges. In Staten Island, we helped the North Shore Waterfront Conservancy preserve salt marshes. Of course, buffers aren’t a new idea—the Dutch and other immigrants used them to protect against storm surges as far back as the 1600s.

Patricia Jenny, The Trust vice president who oversees grants, puts it this way: “It’s only fitting that The Trust, which is so intertwined with New York’s history, supports projects that draw lessons from the past.” n

DONORS: MAKING A DIFFERENCE, YEAR AFTER YEAR

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any of our donors never met, and weren’t even alive at the same time, but they have something in common: They want to make a difference. For difficult problems, we sometimes combine the funds of donors with similar interests.

For instance, to improve the waterfront and prepare New York for climate change, we used funds left by: LuEsther T. Mertz, who cared about parks and open space, and environmental protection, along with human and civil rights, historic preservation, and arts and culture.

Henry Phillip Kraft, whose family started a fund for the environment.

Elise Jerard, who wanted to help environmental and humanitarian causes.

By David L. Marcus and Dean Woodhouse-Weil

See The Trust’s waterfront work in the following portfolio.

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SPECIAL REPORT: ON THE WATERFRONT

ADJUSTING TO CLIMATE CHANGE How do coastal areas adapt to rising seas?

With Trust support, the Waterfront Alliance developed guidelines. Certification with the Waterfront Edge Design Guidelines (WEDG) means a new development can resist flooding and protect the surrounding environment. This tool helps neighborhoods design accessible waterfront parks, create flood barriers, and keep harbor waters cleaner.

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HUNTERS POINT SOUTH: This Queens site draws on new guidelines for a resilient waterfront. The raised, sloped buffers will help protect affordable housing being built at Hunters Point South against rising sea levels and coastal flooding.

SPECIAL REPORT: ON THE WATERFRONT

SOUTHAMPTON: Researchers Howard Reisman (left) and John “Barley” Dunne check to see if oysters in Long Island’s Peconic Bay are ready to repopulate New York Harbor and Long Island Sound.

RESTORING BIODIVERSITY Our Long Island Community Foundation (LICF) supports the Conscience Point Shellfish Hatchery in Southampton as it reintroduces oysters to Peconic Bay to clean the water and restore sea life. The hatchery also supplies shellfish to the Billion Oyster Project, a Trust grantee working to clean up New York Harbor. LICF supports the Caumsett Foundation in Huntington, which restores native grasslands to increase biodiversity of flora and fauna.

SPECIAL REPORT: ON THE WATERFRONT

WORKING WATERFRONT The Brooklyn Navy Yard Development Corporation connected these men with manufacturing jobs, using a workforce development grant from The Trust.

A bike path runs next to the Yard, thanks to the Brooklyn Greenway Initiative and funding from The Trust to ensure that the path doesn’t interfere with this important source of jobs. Nearby, our job training efforts help New Yorkers prepare to work in everything from tech to theater stagecraft.

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BROOKLYN NAVY YARD: Tristan Canchig is a metal fabricator employed at Ferra Designs, at the Brooklyn Navy Yards, through a workforce grant.

CLEANING OUR WATERS Our Westchester Community Foundation (WCF) funds the Sarah Lawrence College Center for the Urban River at Beczak to improve water quality in tributaries to the Hudson.

WCF also supports water cleanups on the Westchester shoreline of the Long Island Sound

by Save the Sound, a program of the Connecticut Fund for the Environment.

The Trust and our suburban divisions funded Save the Sound’s Report Card, which monitors water quality and biodiversity in the entire Long Island Sound.

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SPECIAL REPORT: ON THE WATERFRONT

YONKERS: Students from Sarah

Lawrence College Center for the Urban River at Beczak test the Hudson River’s water quality in Westchester County.

GENEROSITY AT WORK

Delivering Results for Our Donors

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Without

our donors, we wouldn’t have a grants program.

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Period.

PATRICIA JENNY | Vice President for Grants People trust us to use their charitable legacies to make a difference—that is our specialty.

Below are stories of three donors and the work they made possible. We hope they inspire you.

To find out how to become a donor, see page 28.

to support Morningside Center for Teaching Social Responsibility as it trained 2,500 city educators to help students resolve conflicts.

In several schools, suspensions decreased 40 percent. The center won a multimilliondollar federal grant to expand the program.

1. INVESTING IN FUTURES

2. STEPPING UP DANCE PERFORMANCES

Marcia Ashman cared about educating America’s young people. When she died in 1999, she named The Trust as a residual beneficiary.

In 2017, the Marcia Ashman Fund for Children helped New York City public school students avoid suspensions that derail their studies. To do this, we used the fund

LuEsther T. Mertz loved modern dance. She set up a fund in The Trust at her death to nurture it and other things she cared about.

Seven years ago, we began using the fund to help dancers access affordable rehearsal and performance space. We learned LaGuardia Community College was offering underused spaces to choreographers and wanted

ROOM TO MOVE: As part of the CUNY Dance Initiative we support, Dusan Tynek Dance Theatre premiered an impressionistic dancetheater piece at John Jay College, inspired by Tolstoy’s classic novel “Anna Karenina.”

Photo by Ian Douglas

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other schools to do the same. Today, City University of New York Dance Initiative brings dance troupes and audiences to 13 CUNY campuses.

3. A LEGACY OF HEALTH

GREEN INNOVATION: The Urban Future Lab at NYU’s Tandon School of Engineering gave two $50,000 prizes, supported by The Trust, to start-ups that emphasize sustainability. Raffi Holzer (above, left) accepts one from Patricia Jenny and Arturo Garcia-Costas of The Trust. Holzer’s company, Avvir, helps builders avoid mistakes that waste resources and money. Photo by Caroline Sinno

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Photo by Ari Mintz for The Trust

Henry K.S. Williams ran a business that supplied much of the marble used in Grand Central Terminal as well as hardwoods lining Pullman train cars. He cared about New Yorkers, and in his will he created a fund to help the less fortunate. With a grant from the fund, Korean Community Services opened the city’s first outpatient mental health clinic for Koreans at its Flushing location, reaching more than 5,000 immigrants. n

HELP CHILDREN AND TEENS AVOIDING PRISON

“Avoiding Prison” photo courtesy of the Raise the Age Campaign; “After Foster Care” photo courtesy of iStock/ericsphotography

After years of advocacy supported by The Trust, groups including Citizens’ Committee for Children persuaded Gov. Andrew Cuomo to sign a bill raising New York’s age of criminal responsibility. Instead of being tried in criminal court as adults, 27,000 16- and 17-year-old defendants a year will be tried in family court or diverted to social services.

Now we’re funding work to make sure these changes are carried out.

ON THE TECH TRACK With The Trust’s support, high school students in programs run by New York on Tech take coding courses and compete for paid internships at Google and other companies. Technology companies benefit, too, because they have jobs to fill.

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When I conduct site visits to groups we’re considering

funding, I pay attention to how participants are engaged. I look for challenge, excitement, camaraderie, focus. And for programs that

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teach skills young people will need.

RODERICK V. JENKINS | JOBS, WORKFORCE, AND YOUTH DEVELOPMENT

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EXPAND OPPORTUNITY QUALITY CONTROL With our support, Women’s Housing and Economic Development Corporation created an assessment tool to improve home-based child-care programs. Now hundreds of child-care providers are using it and bringing higher-quality early childhood education to more children.

AFTER FOSTER CARE Foster children, forced to leave the system at age 21, are more likely than their peers to be homeless, unemployed, or incarcerated.

We’re helping New Yorkers For Children with a program that creates a support network for young people transitioning to independent adulthood while helping with education, employment, housing, and health care.

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Philanthropy is critical to help young New Yorkers and their

families get opportunities to thrive. Some of The Trust’s grants try to ensure that government, nonprofits, communities, and families

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work together to provide our kids promising futures.

NATASHA LIFTON | HUMAN SERVICES

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THEME FOR ISSUE: SIX PROFILES

BUILD STRONG COMMUNITIES

“Best In Management” photo by Miles Photography; “News And Democracy” photo by Ari Mintz for The Trust; “Bringing up Baby” photo by Amy Wolf/The Trust

BEST IN MANAGEMENT For 11 years in a row, we’ve underwritten The New York Community Trust Nonprofit Excellence Awards, run by the Nonprofit Coordinating Committee of New York. In 2017, Brooklyn Community Services, Children’s Aid, and Gay Men’s Health Crisis tied for the top spot. They won cash prizes, along with scholarships to a Columbia Business School executive education program.

NEWS AND DEMOCRACY New York’s media have drastically reduced local coverage. Meanwhile, local voting rates are low. This is not a coincidence. We’re supporting nonprofit news services, including New York Public Radio, where reporters such as Sarah Gonzalez (right) go out to neighborhoods.

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For our neighborhoods to be true communities, they need strong

connections: Safe parks and playgrounds, where neighbors come together. First-rate schools and cultural centers that inspire and build

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bonds. Good jobs. And housing that is livable and affordable.

PATRICIA SWANN | COMMUNITY DEVELOPMENT

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PROTECT THE ENVIRONMENT A TREE GROWS IN...

New York needs healthy trees for cleaner air, habitats for wildlife, and stormwater management, not to mention a beautiful city. We’re funding Natural Areas Conservancy as it uses data to plan ways to fortify the city’s woodlands.

At left, volunteers help plant trees in Marine Park, Brooklyn.

BRINGING UP BABY From teethers to toys, an alarming number of baby products contain chemicals that can contribute to diseases and disorders. With our funding, Getting Ready for Baby, a coalition of 100 health and environmental groups, is working to replace these chemicals with safe alternatives.

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My grandfather was a biologist who directed a natural

resources agency in Puerto Rico. Through our climbing, caving, and snorkeling adventures, he instilled in me a love of nature and

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science that I bring to my work for The Trust.

ARTURO GARCIA-COSTAS | ENVIRONMENT

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IMPROVE EDUCATION AND CHAMPION JUSTICE OVERCOMING FEAR

“Overcoming Fear” photo by Reuben Kleiner; “Against Hate” photo by Sai Mokhtari; “Creative Aging” photo by Herb Scher

Denisse, at right, was abused by her husband, but stayed with him for fear of being deported to the Dominican Republic. Then she found a nonprofit we support, Her Justice. The group connected her to volunteer lawyers who got an order of protection and helped her gain permanent residency. “Without this help,” she says, “I might not be here today.”

AGAINST HATE Anticipating drastic changes in federal immigration policy in 2017, we gave $1 million to 21 organizations helping vulnerable New Yorkers understand their rights and confront hate crimes. Among the programs: The Muslim Community Network offered a class that taught 400 women to defend themselves from violence.

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My challenges? To work for quality public school education for all

students. To help groups that aid immigrants in distress. To make legal services more effective for more New Yorkers. Thankfully, many

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of our donors share a commitment to this work.

SHAWN V. MOREHEAD | EDUCATION AND HUMAN JUSTICE

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STRENGTHEN THE ARTS A PEOPLE’S HISTORY We’re supporting the Historic Districts Council as it creates a racially and economically diverse network of historic preservation experts. Our funding underwrote a Spanish Language fellow, who has been documenting sites of Latinx significance. The Council is pursuing landmark status for Casa Amadeo in the Bronx, the city’s oldest Latin music store, at left.

CREATIVE AGING Today’s older adults want to stay active, and need activities that unleash their potential and engage them with neighbors. We support Lifetime Arts, which specializes in arts for older adults, as it improves offerings at community centers run by the city, like this watercolor workshop at Jefferson Market Library in Manhattan.

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Many of The Trust’s efforts to keep our arts community thriving

go on behind the scenes, with everything from marketing to affordable rehearsal space. You can hear and see the impact on

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stages, streets, and concert halls all over the city.

KERRY E. MCCARTHY | ARTS AND HISTORIC PRESERVATION

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CARE FOR THE ELDERLY HOME CARE FOR SENIORS

“Home Care for Seniors” photo by Joanna Phillips; “Defending Care” photo by Dominique Sindayiganza

New York State’s Expanded In-Home Services for the Elderly program helps older New Yorkers on fixed incomes age at home instead of moving to a nursing home. With our grant, Jews for Racial and Economic Justice is campaigning to open this program to more New Yorkers.

EMPLOYING THE BLIND People with severe visual impairments graduate college at low rates and have high unemployment. We support Alphapointe, which trains those with low or no vision for jobs in manufacturing, call centers, and management. At right, two employees produce janitorial supplies at the organization’s manufacturing center, which recently moved to Richmond Hill, Queens.

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Growing old in New York is especially challenging for those

who can barely pay the bills. That’s why we focus on helping an increasingly diverse range of retirees who have little money or

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family support.

RACHEL PARDOE | PEOPLE WITH SPECIAL NEEDS

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MAKE NEW YORK HEALTHIER DEFENDING CARE With money left to us by donors who cared about women’s health, we helped Planned Parenthood of New York City open its newest health center, in Queens. Our support also helped mobilize New Yorkers at a rally to preserve government funding for Planned Parenthood’s reproductive health and primary care services.

BIOMEDICAL RESEARCH Using funds in The Trust established to find cures for diseases, the New York Genome Center is maintaining and adding data to an international genome database for ALS, or Lou Gehrig’s disease. At left, Dr. Hemali Phatnani and her team at the New York Genome Center in Lower Manhattan analyze sequencing data.

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The Trust is committed to making New Yorkers healthier.

Whether it’s helping nonprofits adapt to changes in health care delivery and financing or encouraging consumption of healthy

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and affordable food, we’re involved.

IRFAN HASAN | HEALTH AND BEHAVIORAL HEALTH

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THE ELDERLY IN NEW YORK BECOME A DONOR

You Can Make a Difference: Today, Tomorrow, and Forever A community foundation like ours offers you savvy ways to give back.

YOU PICK THE CAUSES. WE MAKE IT HAPPEN. Thousands of people who want to make a difference give through The New York Community Trust. Because of them, we’ve helped change lives. You, too, can feel the joy of smart giving.

1.

Decide what to give: Create a charitable fund using cash, stock, life

insurance, or other assets. We’re also experts in dissolving private foundations into funds at The Trust.

2.

Decide when to give: Do you want to start a fund today? Or defer your gifts

through a will or planned-giving vehicle?

You can do either, or both.

3.

Contact our experts in giving. See the facing page. Are you interested in tax

and estate planning? Want help drafting language in your will to create a permanent fund for your charitable goals?

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WE’RE FLEXIBLE. HOW DO YOU WANT TO MAKE A DIFFERENCE? Here are just a few examples of the many ways to work with us: n Would you like to fund creative

approaches to New York’s most pressing problems? Our program staff can put your unrestricted fund to work in the best ways.

See examples in our Generosity at Work chapter, starting on page 18.

n With a donor-advised

fund, you and anyone you appoint as an advisor can easily recommend the organizations to receive grants. (Please note that by law, we cannot be bound by these recommendations, but we take them very seriously and approve grants to nonprofits that meet charitable and financial standards.)

n Are you especially interested in

education, human rights, or another area?

You can create a field-of-interest fund.

We’ll make grants to effective nonprofits.

Please contact us for guidelines on using a donor-advised fund. Call (212) 686-2564 or email giving@nyct-cfi.org.

GIVING THROUGH THE TRUST IS:

EASY It takes very little paperwork.

Most funds are established by a letter of agreement or a paragraph in a will.

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We can help you get more joy out of giving.

GAY YOUNG

vice president for donor services

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We work with people with every kind of philanthropic interest.

SMART We do our homework, making sure that grants are made to well-run nonprofits doing important work.

DEDUCTIBLE

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Join our community of inspired donors.

BOB EDGAR

vice president for donor relations

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Because The New York Community Trust is a public charity, donors get the maximum deductions allowed by law.

“ Contact Bob Edgar, Gay Young, or Marie D’Costa to learn more about administration, fees, and other questions you have about giving through The Trust.

We look forward to speaking with you.

We’re here to help you make the biggest impact.

MARIE D’COSTA

director of leadership and legacy giving

”

(212) 686-2564 or giving@nyct-cfi.org

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OUR DONORS SPEAK

PAYING BACK NEW YORK Petra Danielsohn and Ana B. Salgado on supporting education:

Ana: “I spent my first 30 years in Colombia, then moved to New York.

We’re both passionate about education for children as well as older people.”

Petra: “Our lawyer, Judith Turkel, recommended The New York Community Trust, first for a donor-advised fund, and then in our wills. We want to pay back New York now and in the future: This is where we found our lives and our luck, our happiness and our love.”

Petra Danielsohn (left) is a retired pharmaceutical executive.

Ana B. Salgado, a former emergency room physician, is an executive at a pharmaceutical company.

Photo by Ari Mintz for The Trust

Petra: “I grew up in Germany, and lived in London and Zurich, but I’ve always found living in New York mesmerizing.”

FELLOWSHIPS THAT KEEP GIVING

Both photos by Ari Mintz for The Trust

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After serving in the Navy, I went to Dartmouth and the London School of Economics, both on the G.I. Bill. I did well in business, thanks to those opportunities.

In 1985, my wife Patricia and I started a donor-advised fund at The Trust for our annual giving. We were married for 61 years, and I learned more from her than anyone else. She didn’t care about seeing her name on plaques.

Instead, she wanted our money to create fellowships to let people develop expertise, then give back.

The Robert A. and Patricia S. Levinson Award Fund supports five fellowships in perpetuity: One trains health care workers to help vulnerable populations; a second creates a pipeline to train underrepresented minorities to become doctors and serve their communities; a third helps emerging artists; a fourth helps chronically ill children leave hospitals for home; a fifth helps Americans explore a country for two years and return to educate the public.

I’m 92, with three grown children and five grandchildren—and I’m still paying back our country for the G.I. Bill.

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Bob Levinson is a past chairman of the Brooklyn Museum, Harlem School of the Arts, and the National Dance Institute.

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THE ELDERLY IN NEW YORK ADVISOR’S ADVICE

STRETCHING EVERY CHARITABLE DOLLAR

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The managing attorney of Meyer, Suozzi, English & Klein, P.C., in Garden City, Long Island, Patricia Galteri also chairs the Long Island Community Foundation. nycommunitytrust.org

Photo by Ari Mintz for The Trust

“

Nearly 20 years ago, my law partner introduced me to The New York Community Trust and its division, the Long Island Community Foundation (LICF). I found a top-notch organization that could assist my clients with charitable giving, even with finding the right nonprofits.

I tell clients that creating a private foundation requires a lot of administrative work. Instead, a donoradvised fund in either The Trust or LICF lets them achieve their goals, from helping disabled children to assisting people with impaired vision, or focusing on improving a particular community.

I joined the LICF board in 2008, then became the chair. We stretch donors’ dollars by working with other funders in efforts like preserving Long Island Sound or addressing the opioid crisis. We make charitable giving easy, meaningful, and powerful.

FOR ATTORNEYS AND FINANCIAL ADVISORS

Trust The Trust: Let Us Help You Help Your Clients

S

tudies show clients expect their advisors to offer expert guidance on charitable donations during financial or estate planning. But first, clients need to decide what they want to support, how to fund it, and whether to involve family members.

Do they want to give now, make a deferred gift, leave a bequest, or a combination?

Since 1924, we’ve been working with lawyers to help clients with philanthropy.

With our staff of experts, range of giving options, capacity to accept complicated assets, knowledge of community needs, and efficient management, The Trust is the right choice for thousands of generous New Yorkers.

Contact us for a copy of our taxexemption letter, fund information, and suggested wording to help draft the gift instrument.

Donors can set up funds in either The New York Community Trust (NYCT) or in Community Funds, Inc. (CFI), our not-forprofit corporate affiliate. They share staff and a governing board and file a single IRS return.

The IRS has classified NYCT and CFI as “tax exempt” under Section 501(c)(3) of the Internal Revenue Code; as a “publicly supported” organization under Section 170(b)(1)(A)(vi); and as “not a private foundation” under Section 509(a)(1).

This status ensures donors the maximum tax benefit allowed by law. This also applies to our divisions, the Long Island Community Foundation and the Westchester Community Foundation.

CREATING A FUND IN THE NEW YORK COMMUNITY TRUST The Resolution and Declaration of Trust Creating “The New York Community Trust” (the R&D) details the powers and duties of the trustee bank, and our Distribution Committee (governing board). To set up a fund in trust with one of our trustee banks, the founding document must incorporate the R&D by reference. Call or visit our website for a copy or a list of the 11 banks.

Jane Wilton

IN COMMUNITY FUNDS

general counsel,

Community Funds is a New York not-forprofit corporation. A fund established in Community Funds is not regarded as a private foundation. The fund’s assets are managed by our Investment Committee.

Call or visit our website for a copy of our Certificate of Incorporation and bylaws.

Want to learn more about setting up a fund?

Contact Jane Wilton, (212) 686-2563 janewilton@nyct-cfi.org

IN OUR LONG ISLAND OR WESTCHESTER DIVISIONS The Long Island Community Foundation and the Westchester Community Foundation are divisions of Community Funds, so donors have the same options described above. See pages 38 and 39 for contact information.

THREE KEY FACTS n If

a change of circumstances makes literal compliance with the terms of the gift “unnecessary, undesirable, impractical, or impossible,” our governing body can vary those terms. Donors are assured their gifts will remain useful forever. n We

must review the terms of a fund before accepting it. n For funds held in trust in The New York

Community Trust, a co-trustee is not permitted.

ANNUAL REPORT

33

THE ELDERLY IN NEW YORK MEET OUR BOARD

The Twelve People Who Make It Work Intelligence.

Judgement.

A passion for New York. Our board members

Photo by Ari Mintz for The Trust

share those traits.

S

ome of the most crucial jobs leave you feeling optimistic, such as serving on the board of The New York Community Trust. Twelve dedicated New Yorkers—selected for their judgment, integrity, and understanding of philanthropic needs—serve as the Distribution Committee of The Trust and as the Board of Directors of Community Funds, Inc. Six members are nominated by civic authorities representing the public: one by New York City’s Mayor; one by the Chief Judge of the U.S. Court of Appeals for the Second Circuit; one by the chairman of the Partnership for New York City; one by the chairman of Lincoln Center for the Performing Arts; one each by the presidents

of the Association of the Bar of the City of New York and the New York Academy of Medicine.

The Distribution Committee selects five members, and the president of The Trust is a member by reason of office. The Committee meets five times a year.

Subcommittees include Endowment, Finance and Audit, and Investment which oversees asset allocation, recommends investment managers and vehicles, and monitors investment performance.

The Fund Purposes and Suggestion Review subcommittees make sure we honor the intent of each donor’s philanthropy and review donors’ grant suggestions so they meet our guidelines. n

ROOM TO MOVE: Affordable rehearsal space is scarce in New York City. During a 2017 visit to Brooklyn, our board saw how Trust support helps Bedford Stuyvesant Restoration Corporation provide revamped space to dancers.

34

nycommunitytrust.org

DISTRIBUTION COMMITTEE

VALERIE S. PELTIER, CHAIR

JAMIE DRAKE

CHARLYNN GOINS

ROGER J. MALDONADO

ANNE MOORE, M.D.

RAFFIQ NATHOO

STEPHEN C. ROBINSON

JUDITH O. RUBIN

Managing Director, Tishman Speyer; Trustee and Chairman, of Buildings and Grounds Committee, American Museum of Natural History; former Board Member: Visiting Nurse Service of New York, Harvard College Fund Executive Committee.

Nominated by the Chairman of the Partnership for New York City.

Professor of Clinical Medicine, Weill Cornell Medicine, New York-Presbyterian Hospital; former Director: American Board of Internal Medicine, New York Academy of Medicine.

Nominated by the President of the New York Academy of Medicine.

Founder and Principal, Drake/ Anderson; Chairman, Alpha Workshops; Fellow, American Society of Interior Designers; Member: Parsons The New School for Design Board of Governors, Historic House Trust of New York Directors’ Council, Interior Design Hall of Fame; former Co-Chairman, Furnish-aFuture Industry Committee.

Nominated by the Mayor of the City of New York.

Former Senior Managing Director, Blackstone; Executivein-Residence, New Mountain Capital; Trustee and Chair of Investment Committee, Nightingale-Bamford School; Board Member: Northwell Health, Dartmouth College Dickey Center for International Understanding; Member: Council on Foreign Relations, Lenox Hill Hospital Executive Council.

Former Director: Fannie Mae, AXA Financial, The Mainstay Funds; Chairman Emerita, The New York Community Trust; former Chairman, NYC Health and Hospitals Corporation; Member: Council on Foreign Relations, The Century Association, Women’s Forum (NY), All Star Code Advisory Committee.

Partner, Smith, Gambrell & Russell, LLP; President, NYC Bar Association; Chair, NYC Association Task Force on Puerto Rico; Member: Commercial Division Advisory Council, Board of Directors of the New York Bar Foundation; Referee, NYS Commission on Judicial Conduct; Vice President, United Neighborhood Houses.

Nominated by the President of the Association of the Bar of the City of New York.

Partner, Skadden, Arps, Slate, Meagher & Flom LLP; Civilian Representative, NYPD Terrorism Committee; Federal Monitor, Westchester Fair Housing Case; former U.S. District Judge and Assistant U.S. Attorney for the Southern District of NY; Director: Lincoln Center for the Performing Arts, Federal Bar Council, Colin Powell School of the City College of NY, Legal Outreach; Member: Lincoln Center Education Committee, Innocence Project Lawyers’ Committee, Cornell Law School Dean’s Advisory Committee.

Nominated by the Chief Judge of the U.S. Court of Appeals for the Second Circuit.

Chairman: Playwrights Horizons, Theatre Communications Group’s National Council for the American Theatre; Trustee: Mount Sinai Health System, Laurents/Hatcher Foundation, Collegiate School; Member: Tony Awards Administration Committee, American Theatre Wing Advisory Board, NYC Department of Cultural Affairs Advisory Commission; former President and Chairman, 92nd Street Y.

ANNUAL REPORT

35

THE ELDERLY IN NEW YORK MEET OUR BOARD DISTRIBUTION COMMITTEE (CONT’D)

LORIE A. SLUTSKY

President: The New York Community Trust, Community Funds, The James Foundation; Member, NYS Permanent Commission on Access to Justice; Trustee Emerita: Colgate University, The New School; former Director: AllianceBernstein LP, AXA Financial, Council on Foundations (Chairman), BoardSource (Chairman), Independent Sector.

Member ex officio.

BARRON (BUZZ) TENNY

Former Executive Vice President, Secretary, and General Counsel, Ford Foundation; Board Member: International Center for Transitional Justice (Vice Chairman), Native Arts and Cultures Foundation, Youth Orchestra of the Americas; Member, Ford Foundation International Fellowships Program Advisory Council.

ANN UNTERBERG

Chairman: Lincoln Center Education; Vice Chairman, Monmouth Medical Center; Trustee, Lincoln Center for the Performing Arts; former Senior Vice President, L.F. Rothschild, Unterberg, Towbin.

Nominated by the Chairman of Lincoln Center for the Performing Arts.

JASON H. WRIGHT

Principal, Geer Mountain Holdings, LLC; former Senior Vice President, Merrill Lynch & Co.; former Senior Vice President, Nabisco Group Holdings Corp.; former President, Nabisco Foundation; Trustee, International Center for Journalists; Advisory Board Member: NYU Center for Global Affairs, Studio in a School Association; former Trustee: Cooper Union, James Beard Foundation, Madison Square Boys & Girls Club, Museum for African Art.

ERNEST J. COLLAZO Managing

ROBERT M. KAUFMAN Partner,

Partner, Collazo Florentino & Keil LLP; Chair, Attorney Grievance Committee of the Appellate Division, 1st Judicial Department; Member: Advisory Committee to the 2nd Circuit Rules Committee, Council on Foreign Relations.

Proskauer Rose LLP; Vice Chairman Emeritus, The New York Community Trust; Director: Visiting Nurse Service of New York, SWAN-Service Women’s Action Network; Trustee, Brooklyn Law School; Vice Chair, Citizens Union Foundation.

ANNE P. SIDAMON-ERISTOFF

ESTELLE (NICKI) NEWMAN TANNER

Chairwoman Emerita: American Museum of Natural History, The New York Community Trust; Director Emerita, World Wildlife Fund.

36

Trustee: New York Public Radio, Auburn Theological Seminary; Trustee Emerita: Wellesley College, Colonial Williamsburg Foundation, Jewish Women’s Archive.

nycommunitytrust.org

LOCALLY GROWN: Our board and staff tour a farm at a large public housing development in Brooklyn. With our support, Green City Force trains young residents for careers in urban agriculture, clean energy, and other fields while providing fresh, affordable produce to public housing residents.

Photo by Ari Mintz for The Trust

CONSULTING MEMBERS

SUBURBAN DIVISIONS Philanthropy is most effective when done locally.

LONG ISLAND COMMUNITY WESTCHESTER COMMUNITY FOUNDATION ADVISORY BOARD FOUNDATION ADVISORY BOARD

Patricia Galteri, Esq. Chair Dale Akinla, II, Chair Our divisions in Westchester and Long Island are Patricia C. Marcin, Esq. Honorable Joaquin F. Alemany, Vice Chair Vice Chair closeAbatemarco to the donors in their steeped Natalie Jamescommunities, T. Ausili, Esq. Robert S. Barnett, Esq. Howard Goldstein Janet M. Barone Nancy Roberson Jasper, M.D. in critical local issues, and overseen by boards of John T. DeCelle Paul Jenkel Gregory P. Demetriou Sarah Jones-Maturo Nancy Engelhardt civic leaders.

Antoinette committed They Klatzky work in many areas, Roslyn Goldmacher, Esq. Michael Markhoff, Esq. Ira R. Halperin, Esq. Jose A. Reynoso, J.D., LL.M. from clean water to affordable housing, from job Sandra Krasnoff Lee Van Allen Roberts James E. Meyer Kathy N. Rosenthal, Esq. Edward C. Palleschi Ruth programs.

Suzman training to afterschool arts Claudia Pilato Bradford J. Tito Phyllis Hill Slater Drusilla van Hengel Marc S. Wong Karen J. Walsh, Esq.

Philanthropy is most effective when done locally. Our divisions

Photo by Ari Mintz for The Trust

in Westchester and Long Island are close to the donors in their BRIGHT FUTURES: With the help of our

Westchester Community Foundation, the communities, steeped in critical local issues, and overseen by Child Care Council of Westchester mobilizes parents and child care providers to call for boards of committed civic leaders. They work in many areas, an increase in public funding for child care in New York. Here, an educator and a young learner at the Mount Kisco Child Care Center such as the child care center pictured here, in Mount Kisco. share a laugh.

ANNUAL REPORT

37

LONG ISLAND COMMUNITY FOUNDATION FUNDS Funds in bold and with an asterisk are new.

Join our community of donors. See page 28 for details.

Susan Isaacs and Elkan Abramowitz Charitable Fund (2005) Brianna Xu Aiping Fund (2014) All For The East End Fund (2013) Robert and Rhoda Amon Fund (2008) Dennis P. Angermaier Memorial Lifeguard Scholarship Fund (2002) Michael and Christine Arnouse Family Fund (2009) Arts Reach Fund (2014) Sol and Lillian Ash Fund (2015) Baldwin Family Fund (2011) Alexander Baldwin Memorial Scholarship Fund for Massapequa High School (2000) Janet & John Barone Charitable Gift Fund (2015) Jean Bellia Fund for Nursing Excellence (2004) Gary and Pauline Bencivenga Fund (2015) Stanley & Marion Bergman Family Charitable Fund (1996) Willa and Robert Bernhard Fund (1997) Besemer Family Fund (2012) Dr. Raj Bhayani Fund (2013) Ruby and Michael Bornstein Memorial Fund (1978) James D. Brown Jr. Fund (2012) James & Carole Burns Fund (2006) Callisto Fund (2014) Callisto-T Charitable Fund (2016) Richard M. Caproni Memorial Scholarship Fund (2001) Carmans River Watershed Management Fund (2014) Helene & Richard Cepler Family Fund (2000) Chakiryan Family Fund (2002) Arthur A. Chaplin GSB Fund (2001) Charity Society Fund (2000) Charlie’s Long Island Fund (1985) Children’s Fighting Chance Fund (2008) CM Fund (2016) *Alice and Clifford Cohen Fund (2017) Marie Colvin Memorial Fund (2012) George J. Conklin Scholarship Fund (1989) Ann Caroline Corrody Fund (1999) *Cranin Family Fund (2017) Cutrone and Smith Family Fund (2014) George W. Cutting, Jr. Fund (1998) Rose D’Arpino Scholarship Fund (2005) Davidow Elderly Community Assistance Fund (1996) Deering and Volpicella Family Fund (2007) Rajesh & Rupa Dharia Fund (2013) Percy Douglass Memorial Education Fund (1985) Eiber Family Fund (2000) The Empire Group (2016) ENEE Philanthropic Fund (1994) Martha C. Entenmann Scholarship Fund (1999) Thomas F. & Helen A. Fagan Fund (2007) Fern’s Kids Fund (2014) Feustel Fund (2016) Fireside-T Charitable Fund (2016) Mark Fischgrund Memorial Fund (2003) Walter and Sandra Fish Charitable Fund (1997) Fishers Island Community Fund (2011) Michael J. Fleming, Esq., Memorial Fund (2015) Samuel Francis Fund (2005) Franck Family Fund (2005) Anne and Frank Freeman Fund (1997) Fridman Family Fund (2010) Fund for the Future of Long Island Women and Girls (1997) Fund for Innovative Community Programs on Long Island (1985) Richard H. and Jean E. Gaebler Family Fund (2005) Patricia Galteri Fund (2011) Glenn Gerrato Scholarship Fund (2001) Neil Giske Memorial Scholarship Fund (1985) Gleason Family Fund (2012) Jeanne Going Memorial Fund for Ovarian Cancer Research (2005) Selma Goldmacher Charitable Fund (2006) Grafer Family Fund (2012) *Gloria Grafer Critical Needs Fund (2017)

38

Greenberg Fund (2010) Selma Greenberg Fund (1997) Greentree Foundation Fund (2003) Matthew Grimaldi Memorial Fund (2015) Grundman Memorial Scholarship Fund (1990) Kristy Lyn Haley Memorial Fund (2000) Hand and the Spirit Fund (1999) Robert E. and Barbara W. Harrison Fund (1997) Harting & McChesney Charitable Fund (2015) Helen’s Fund (1998) Frances Herman Family Fund (2010) Hershenov Family Fund (2012) E.B. Hubbard Fund (2002) Julie Hunnewell Fund (1987) Alma D. Hunt/VCM L.I. Fund (1997) Hurricane Sandy Long Island Relief and Restoration Fund (2012) Idie Fund (2000) In Memory of Elissa Fund (2004) Ann Marsden Irvin Fund (2009) Douglas Jackson Memorial Scholarship Fund (1996) Berenice and Herman Jacobs Family Fund (1997) Lawrence Jacobs Fund (2011) Marie J. Jensen Scholarship Fund (2005) *Harold & Carol Johnson Fund (2017) Edith R. Karel Fund (1998) Karish Education Fund of the Horticultural Alliance of the Hamptons (2000) David & Dale Karp Family Charitable Fund (2003) Kenneth L. and Veronica K. Katz Fund (1999) Leo and Freda Keller Memorial Fund (2000) Kids Making a Difference Fund (2000) Morton L. Kimmelman Fund (2001) *Gail Kirkham Memorial Fund (2017) David and Paula Kirsch Family Fund (2004) Beverly & Harvey Klein Fund (2001) Kona-T Charitable Fund (2016) Krasnoff Charitable Fund (2011) Krasnoff Family Fund (1985) Patricia Kucinski Memorial Fund (2003) Arthur H. Kunz Memorial Fund (2005) Ruth Kurzweil Fund (2009) Ed & Lee Lawrence Fund (1988) Barbara Legname Memorial Fund (2015) Donna Levien Memorial Fund (2004) Levin Family Fund (1997) Andrew Levinson Memorial Fund (2015) Lewis Family Fund (2006) LINDA Fund (2015) Marian and William Littleford Fund (1993) Debra Lobel/Beverly Dash Fund (2004) Long Island Affordable Housing Project Fund (2011) *Long Island Civic Engagement Fund (2017) Long Island Beech Fund Trust A (2015) Long Island Community Foundation Annual Fund (1977) Long Island Fund for the Arts (1985) Long Island Fund for Youth Programs (1987) Long Island Immigrant Children’s Fund (2014) *Long Island Opioid Crisis Fund (2017) Long Island Unitarian Universalist Fund (1992) LOOK UP for Adam Fund (2015) Lorraine Gregory Family Fund (2014) John F. Loverro Memorial Fund (2004) Lowry Family Charitable Fund (2008) Roselle Patricia Luciano Literacy Fund for Women (1996) Kendall Madison Leadership Fund (1995) Kevin G. Mahony Charitable Fund (2012) Mallouk Family Fund (2006) Mancino Family Fund (2003) *Christine D. Marcin Family Fund (2017) William T. & Lynn Steppacher Martin Fund (2001) Massapequa Community Fund (2001) Helen P. and Randall P. McIntyre Fund (1986) Alan P. Mendelsohn Memorial Scholarship Fund (1999) John D. Miller Fund (2001) Millie Fund (2000) William E. Mintzer Memorial Fund (1999) Miracle-Gro Fund (2001) Joseph & Marion L. Mitola Family Fund (1999) Morris Fund (2006) Michael Moverman Memorial Fund (1998) Nanell Fund (2014)

Nassau/Suffolk Fordham Law Alumni Scholarship Fund (1991) NCJW South Shore Section Community Fund (1995) Kenneth C. Newman Fund (2016) North Country Community Association Fund (2002) North Fork Fund (2003) Northrop Grumman Endowment Fund for L.I. Women and Girls (1996) NYSSCPA - Nassau Chapter Giving Back to Charity Fund (2014) Okorn Family Fund (2010) Diane J. Owen Memorial Fund (2005) Sylvia & Morris Paley Fund (2002) Phyllis and Edward Palleschi Family Fund (2014) Bob & Margaret Parker Charitable Fund (2014) Kenneth E. Paskoff Fund (2011) Paul’s Fund (2002) Peconic Stewardship Fund (1984) Perry Persichilli Memorial Fund (1996) James and Margaret Philbin Scholarship Fund (2003) Joseph, Violet, Virginia, and Muriel Pless Family Fund (2014) Harriet B. and Edward Everett Post Fund (1986) Elizabeth Pritzker Endowment Fund (1985) Quogue Community Fund (2013) Raymond C. and Diane F. Radigan Fund (2005) Rhodebeck Long Island Fund (1998) Richards Family Fund (1987) Charlotte S. and Richard D. Rockwell Fund (1999) Rose Fund (1998) Judith Rubertone Fund (1987) Cheryl and Stephen Rush Fund (1999) Saltzman Fund (1987) Sandy Building Back Stronger Fund (2013) SAR Family Fund (2012) Richard W. Savino Memorial Fund (2013) Schneidman Family Fund (2000) Caroline & Sigmund Schott Fund (1999) John S. Schrader Memorial Fund (2004) Schwabian Fund (2009) Schwartz Family Fund (1991) Selig Fund (1991) Samuel and Stella Seligsohn Memorial Fund (1996) Henry H. Shepard Fund (2008) Shinnecock Bay Stewardship Fund (2011) Colonel William Smith Foundation (1984) H. Brooks Smith Donor Advised Fund (2016) Meredyth H. Smith Charitable Fund (1997) E. & R. Smits Fund (2001) Staller Scholarship Fund (1987) Erwin P. and Pearl F. Staller Charitable Fund (1992) Adam E. Stark Memorial Scholarship Fund (2001) Nancy Steinman Fund (2003) Helen, Emily and Margaret Stevens Fund (2004) Sunshine-T Charitable Fund (2016) Suzy’s Fund (2009) Carol & Jim Swiggett Fund (1997) Ruth Saltzman Taishoff Fund (1996) Gail & Michael Talent Memorial Fund (2003) Brian and Danielle Tane Charitable Fund (2007) James and Marie Taormina Fund (1999) Tealison Fund (1998) Tealison Two Fund (2001) Joseph Vigilante Fund for the Adelphi School of Social Work (2000) Phyllis S. Vineyard Fund (1996) Vishnick Family Charitable Fund (2001) Voices from the Heart Fund (1997) Dr. Robert and Olga von Tauber Fund (2013) Amah Vought Memorial Health Fund (2005) WAC Lighting Fund (2004) Elizabeth & Eugene Wadsworth Charitable Fund (1999) Hilda S. & Theodore T. Weiser Memorial Fund (1998) *Westbury High School Class of 1967 Education Fund (2017) White Post Farms Charitable Fund (2015) Charles J. Williams Fund (1986) Work Long Island Fund (2003) Yang Family Fund (2006) Benjamin & Ethan Zemel Charitable Fund (2014)

licf.org | Executive Director David Okorn | (631) 991-8800 | dmokorn@licf.org

WESTCHESTER COMMUNITY FOUNDATION FUNDS Joseph Acocella, Jr. Memorial Fund (2011) Agris-Pine Family Charitable Fund (2014) Alemany Family Fund (2015) Apoyo Fund (2002) Arfa Family Fund (1997) Aronian Family Fund (2008) Artrepreneur Fund (2010) *Arts and Creative Expression Fund (2017) Ascher Fund (1999) Linda Ashear Fund (2001) Gianna Marie Balog Memorial Fund (2012) Barringer-Spaeth Fund for Change (2002) Joan Bartels Memorial Fund (1997) Bell-Jacoby Family Fund (2015) Beverly Bender Fund (2000) Helen Benedict Fund (2000) Howard and Grace Benedikt Fund (2002) Carol Berger Scholarship Fund (2005) Richard A. Berman Fund (2004) K. M. Bialo Family Fund (1986) Bianco Family Fund (2003) Michael Blank Memorial Fund (2010) Blecher Family Fund (1986) Albertina Bloom Memorial Fund (1985) Samuel and Beatrice Marks Bloom Memorial Fund (1998) Blumer Family Fund (1998) Jack Brennan Fund (2002) Buerger Fund (2001) Elizabeth G. Butler Angel’s Fund (2005) Tony Carlucci Scholarship Fund (1999) Jesse L. Carroll, Jr. and Judith B. Carroll Fund (1986) Barbara and Walter Ceconi Charitable Fund (2008) H. M. & T. Cohn Fund (1977) Larry Cole Memorial Fund (2003) Colson Fund (2006) Michael A. Correa Memorial Fund (2002) Corriggio Family Fund (2015) CPM Fund (2007) *Joseph S. D’Ascoli Fund (2017) Nancy and Robert DeLigter Boy Scout Memorial Fund (1991) Michele & Concetta DeRosa Fund (2000) Dominican Sisters of Hope Empowerment Fund (2014) Alyson & Parker Drew Fund (2000) Dunbar Family Fund (2014) *Eiref Family Fund (2017) Linda A. & James H. Ellis Fund (1999) Endowment for Westchester’s Future (1987) Marion C. and James E. Enright Scholarship Fund (2005) Ernie, Louise & Jeffrey Early Childhood Fund (1995) Esplanade Fund (2003) Ann M. Fagan Charitable Fund (2012) Family Fund (2011) Francis and Denise Farrell Family Fund (2006) Celia Malbin Feinstein Fund (1992) Arnold E. and Olga C. Feldman Fund (2003) Mollie Fidel Memorial Fund (2013) First Decade Fund (2009) Brendan M. Frail Memorial Fund (2010) Cira S. Francovilla Memorial Scholarship Fund (2010) Jane Franke Fund (2008) Virginia Franklin Journalism Scholarship Fund (2004) Peggy Friedman Memorial Fund (1989) *Fund for Artists with Disabilities (2017) Fund for New Rochelle (2016) Fund for Westchester’s Environment (2001) Gallagher Family Charitable Fund (1999) Charles Gamper Fund (1985) J.F. & M. Gelband Fund in Memory of Joseph F. Gelband, Jr. (1995) Rita & Bruce Gilbert Fund (1992) Lloyd & Lonya Gilbert Fund (1991) Glassberg Family Fund (1997) *Neva and Howard Goldstein Family Fund (2017) Rachel Greenstein Memorial Fund (1988) Handelman Memorial Education Fund (2010) Edward Handelman Fund (2010)

Helen & Nancy Handelman Fund (2010) Carol and Frank Headley Family Fund (1996) John and Marilyn Heimerdinger Fund (1994) Russell Hexter Filmmaker Fund (1997) Rhoda Holzer Memorial Fine Arts Fund (2016) Julian H. Hyman Memorial Fund (1985) Alice & Warren Ilchman Fund (2000) Karen Cromer Isaac Fund (2007) Jade Fund (1999) Paul and Barbara Jenkel Fund (1998) Edwin Irving Johnson Scholarship Fund (1985) Janet A. Johnson Scholarship Fund (2003) James R. Johnston Fund (2012) Margaret Jourdan Fund (2005) JWHands Charitable Legacy Fund (2010) Kadejay Fund (1998) Kern Charitable Fund (2011) Kidney Transplant Fund (2007) Kilman Family Fund (2008) Kimerling Career Development Fund (2000) Henry J. and Ellen Korb Fund (2016) Kotval Shroff Family Fund (2011) Learning Center Fund (1994) Dorothy and John Lebor Fund (1999) James L. Leinwand Fund (1998) David F. & Dorothy W. Linowes Fund (1999) Linville Fund (1993) William J. and Helen Z. Lippincott Fund (1994) John A. Lombardi Scholarship Fund (2006) Karin Lopp Fund (1998) Elizabeth Lorentz Fund (1986) Lester and Helen Levinthal Lyons Fund (1994) John F. Maloney Memorial Fund (1998) *Marwell Family Fund (2017) McCrosson Family Fund (2011) Dapper McDonald Memorial Fund (2012) Patrick J. McNeill Scholarship Fund (1997) Menzies Fund (2002) Merrill Lynch Fund for Children with Disabilities in Memory of Christopher Herndon (2006) Michel Family Fund (2012) Middleton Family Fund (2001) Robert Minzesheimer Memorial Fund (2016) Asa Uyeda Mitsudo and Sumi Lynn Koide Memorial Fund (1996) Model/Falkowski Fund (2010) David & Katherine Moore Family Foundation Fund (2000) Katherine C. & David E. Moore Fund for Community Development (2005) Nathan Moscow Fund (1985) Munson Family Fund (2000) Neubart/Rosenthal Family Fund (2012) Eda and Stanley Newhouse Fund (1983) James L. Newhouse Fund (1986) Thomas J. and Margaret Lynch O’Connor Scholarship Fund (1994) Olmezer Westchester Fund (1998) Orr Pitts Family Fund (2014) Pammy Fund (1989) Passionist Fund (1995) Dorothy Patterson Fund (2014) Lawrence R. Jr. & Thelma Dale Perkins Fund (1993) Perry Family Fund (1988) Roger Perry Memorial Fund (1999) Rossi Family Fund (2010) Pisacano Family Fund (1995) Raymond M. and Alice M. Planell Fund (2006) Pottinger Fund (1994) Sal J. Prezioso Fund for Westchester’s Future (2001) Muriel L. and Stephen B. Randolph Fund (2004) Reiman Brothers Fund (1999) Miriam and Elsie Reinhart Memorial Fund (1991) Renal Clinical Fund (2007) Renal Research Fund (2007) Reynoso Family Fund (2013) Virginia and Rodney Roberts Memorial Fund (2015) Nathan Rosen Memorial Fund (1996) Vito and Diana Russo Fund (1988) R.W.K. Charitable Fund (2011) *Rye High School Class of ’75 Fund (2017) Bernardo Scheimberg Fund (2014) Dr. Lester J. Schultz Memorial Fund (1984)

Robert and Lynne Schwartz Fund (1986) Shea Family Fund (2004) Carl Slater Memorial Fund (1998) Bradford & Pamela Smith Charitable Fund (2000) Michelle Sobel Literacy Fund (2006) Karena Somerville AWC Scholarship Fund (1992) Dr. John B. Sommi Fund (2003) Jerry Spitz Charitable Fund (2008) Stepinac Fiftieth Reunion Scholarship Fund (2006) Andrew Stewart Memorial Fund (1999) Sturmer Family Fund (1996) Henriette Granville Suhr Fund (2016) William and Henriette Granville Suhr Fund for the Environment (2016) Sullivan Family Fund (1994) Kalyan Sundaram Fund (2006) James A. and Katherine D. Sutton Fund (1999) Syzygy Fund (2014) Martin Tackel & Abbe Raven Family Fund (1998) Alfonso Tapia and A. L. Rose Memorial Fund (1994) Tarrytown and Sleepy Hollow Children and Youth Fund (2009) Tarrytown/Sleepy Hollow Fund for Kids (2010) Threerandomwords Fund (2003) Jodie Torigian Charitable Fund (2000) Trabout Fund (2006) Triantafillu Fund (1983) W. Lee Tuller Memorial Education Fund (1983) W. Lee Tuller Memorial Fund (1983) Arno and Peppi Ucko Family Fund (1998) Emily & Harold E. Valentine & Evelyn Gable Clark Scholarship Fund (2005) Bernice and Irwin Warshaw Fund (1990) Nicholas C. Wasicsko Scholarship Fund (1993) Rita and Stanley Wecker Fund (2015) Westchester Community Foundation (1975) Westchester Critical Needs - Hurricane Sandy Fund (2012) Westchester Fund for Women and Girls (1992) Westchester Health Fund (2003) Westchester Opportunity Fund (1993) Westchester Poetry Fund (2000) Westchester Wilderness Walk Fund (2001) *Westchester Workforce Fund (2017) Frank E. Wigg Charitable Fund (1993) Wilstock Fund (1994) Evelyn G. Zamboni Fund (1986) Madeline and Sanford S. Zevon Fund (1995) Corinne and Neil Zola Fund (2014)

GREEN FORCE: Our Westchester Community Foundation supports a project in Pound Ridge that uses goats to control the spread of Japanese knotweed, an invasive species.

wcf-ny.org | Executive Director Laura Rossi, Esq. | (914) 948-5166 | lrossi@wcf-ny.org

FINANCIALS 2017 THE NEW YORK COMMUNITY TRUST AND COMMUNITY FUNDS, INC. (Including its Long Island and Westchester Divisions)

Consolidated Statements of Financial Position

2017

December 31, ASSETS Cash and cash equivalents Investments (note 3) Receivables Fixed assets, net Total assets

$

37,898,274 2,766,374,760 1,241,099 568,704

30,942,143 2,519,254,629 1,251,499 797,280

$ 2,806,082,837

2,552,245,551

LIABILITIES AND NET ASSETS Liabilities: Accounts payable $ 767,417 Grants payable 63,556,910 Deferred rent credits (note 4) 794,085 Pension liability (note 5) 5,240,433 Accrued postretirement medical benefit obligation 3,584,813 (note 5) Total liabilities

767,257 42,021,807 1,147,012 5,963,383 3,162,669

73,943,658

53,062,128

Net assets: Unrestricted: Endowment Available for grants Available for administration

2,659,173,063 66,783,722 6,182,394

2,437,845,831 57,027,427 4,310,165

Total net assets

2,732,139,179

2,499,183,423

$ 2,806,082,837

2,552,245,551

Total liabilities and net assets

See accompanying notes to consolidated financial statements.

40

2016

nycommunitytrust.org

Consolidated Statements of Activities

2017

Years ended December 31, Changes in net assets: Revenues: Contributions Investment return: Interest and dividends Net appreciation on investments Less: Investment expenses Provision for unrelated business income taxes

Other

$

2016

81,312,770

124,537,416

56,439,945 350,637,072

55,323,273 106,630,796

(17,048,291) (297,612) 389,731,114

(17,498,483) (989,086) 143,466,500

52,028

51,349

Total unrestricted revenues, net

471,095,912

268,055,265

Expenses: Grants and services to beneficiaries Grantmaking expenses Administrative expenses Development expenses Total expenses

224,214,541 5,944,281 6,241,495 2,674,926 239,075,243

195,554,486 5,644,674 5,926,907 2,540,102 209,666,169

232,020,669

58,389,096

935,087 232,955,756

660,485 59,049,581

2,499,183,423

2,440,133,842

$ 2,732,139,179

2,499,183,423

Increase in net assets before other pension and postretirement medical changes Other pension and postretirement medical changes (note 5) Increase in net assets Net assets at beginning of year Net assets at end of year

See accompanying notes to consolidated financial statements.

ANNUAL REPORT

41

FINANCIALS 2017 Consolidated Statements of Cash Flows

2017

Years ended December 31, CASH FLOWS FROM OPERATING ACTIVITIES: Increase in net assets

Adjustments to reconcile increase in net assets to net cash used in operating activities:

$ 232,955,756

Net appreciation on investments Depreciation and amortization expense Decrease (increase) in receivables Increase in accounts payable Increase in grants payable Decrease in deferred rent credits Decrease in pension liability Increase (decrease) in accrued postretirement medical benefit obligation

2016

59,049,581

(350,637,072) 273,610 10,400 160 21,535,103 (352,927) (722,950)

(106,630,796) 269,205 (410,249) 157,622 20,424,580 (352,927) (175,227)

422,144

(39,758)

Net cash used in operating activities

(96,515,776)

(27,707,969)

CASH FLOWS FROM INVESTING ACTIVITIES: Purchases of investments Proceeds from sales of investments Capital expenditures

(633,794,733) 737,311,674 (45,034)

(587,056,467) 621,478,378 (50,596)

103,471,907 6,956,131

34,371,315 6,663,346

30,942,143

24,278,797

37,898,274

30,942,143

297,612

989,086

Net cash provided by investing activities Net increase in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year

$

Supplemental disclosure of cash flow information: Taxes paid on unrelated business income

$

See accompanying notes to consolidated financial statements.

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Notes to Consolidated Financial Statements December 31, 2017 and 2016 (1) Organization The New York Community Trust and Community Funds, Inc. (including its Long Island and Westchester Divisions) (The Trust) are community foundations created to build permanent charitable endowments for the greater metropolitan region. The Trust, as the consolidated foundations are hereinafter referred to, is tax-exempt under Section 501(c)(3) of the Internal Revenue Code (the Code) and has been determined not to be a private foundation under Section 509(a)(1) of the Code. The Trust administers more than 2,000 individual charitable funds, each established with an instrument of gift describing either the general or specific purposes for which grants are to be made, from a spending plan distribution, income, and in some cases from principal.

(2) Summary of Significant Accounting Policies Accounting standards provide that if the governing body of an organization has the ability to remove a donor restriction, the contributions should be classified as unrestricted net assets. However, under New York State law and The Trust’s governing instruments, the assets are held as endowment funds until such time (if ever) as the governing body deems it prudent and appropriate to expend some part of the principal or appreciation. Accordingly, the consolidated financial statements classify all net assets as unrestricted, but segregate the portion that is held as endowment from the funds that are currently available for grants and administration.

Cash equivalents represent short-term investments with original maturities of 90 days or less, except for those short-term investments managed as part of long-term investment strategies.

Fixed assets are recorded at cost and are depreciated on a straight-line basis over the estimated life of the respective asset. Leasehold improvements are depreciated over the life of the respective improvement or the remaining term of the lease, whichever is shorter. Fixed assets are reported net of accumulated depreciation of $3,379,893 in 2017 and $3,162,385 in 2016.

Investment expenses include fees for bank trustees, investment managers, and custodians.

Grants and services to beneficiaries are expensed with approval of the Distribution Committee of The New York Community Trust (NYCT) or the Board of Directors of Community Funds, Inc. (CFI), and are usually paid within one year.

The Trust has adopted a constant growth spending plan for many of its funds. This approach allows spending to increase at a steady rate within the confines of a floor, a ceiling, and a cap. The spending plan is not applied to funds in CFI that are considered to be underwater, as defined by New York State law. At December 31, 2017, no fund was considered to be underwater.

Accounting estimates are an integral part of the consolidated financial statements prepared by management and are based upon management’s current judgments. Actual results could differ from those estimates.

(3) Investments and Fair Value Measurements Fair value is defined as the exchange price that would be received to sell an asset, or paid to transfer a liability (an exit price), in the principal or most advantageous market for the asset or liability in an orderly

ANNUAL REPORT

43

FINANCIALS FINANCIALS2015 2017 transaction between market participants on the measurement date. A fair value hierarchy requires The Trust to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.

The three levels of the hierarchy are:

• Level 1 inputs are quoted or published prices in active markets for identical assets or liabilities.

• Level 2 inputs are inputs other than prices included within Level 1 that are observable for the asset, such as quoted prices for similar assets or liabilities.

• Level 3 inputs are unobservable inputs for the asset or liability.

Accounting Standards Update (ASU) 2009–12, Investments in Certain Entities That Calculate Net Asset Value Per Share (or Its Equivalent), allows The Trust, as a practical expedient, to estimate the fair value using net asset value (NAV) for commingled investments that do not have a readily determinable fair value.

Most of The Trust’s investments are in publicly traded securities or in commingled funds, including common trust funds that are invested in publicly traded securities. Fair value for these investments is based on quoted market or published prices. The Trust also invests in hedge funds and private equity investments, including private real estate investments. The fair value of these investments has been determined primarily through the net asset values provided by the fund managers utilizing quoted market prices for underlying securities, market values for comparable companies, an income-based approach, or discounted cash flow projections. The Trust received gifts of interests in a limited partnership investment holding company and a limited liability company (LLC), which are carried at fair value, based on either an appraisal or The Trust’s interest in the net assets of the LLC. These valuations are reviewed for reasonableness by management of The Trust.

The Trust invests for long-term growth in real terms, consistent with a reasonable degree of risk. Donor advised funds that require a high degree of liquidity are invested in cash equivalents. The investments of NYCT are held in individual trusts at the bank designated by the donor in the instrument of gift.

The following tables present The Trust’s investments at December 31, 2017 and 2016, respectively: 2017

U.S. equities International equities Cash and cash equivalents Fixed income/mutual funds Hedge funds Private equity Fixed income/government bonds Fixed income/corporate bonds Fixed income/other Real estate Other

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Total $ 1,084,910,409 596,980,336 329,808,409 228,441,387 173,533,305 112,809,462 97,526,562 66,284,067 40,672,282 32,994,312 2,414,229

Level 1 1,084,504,871 596,980,336 329,808,409 228,441,387 — — 57,141,950 66,284,067 32,672,282 — 747,976

— — — — — — 40,384,612 — 8,000,000 — 1,280,403

Level 3 405,538 — — — — 61,544,618 — — — 32,994,312 385,850

Investments measured at NAV — — — — 173,533,305 51,264,844 — — — — —

$ 2,766,374,760

2,396,581,278

49,665,015

95,330,318

224,798,149

Level 2

2016

U.S. equities International equities Cash and cash equivalents Fixed income/mutual funds Hedge funds Private equity Fixed income/government bonds Fixed income/corporate bonds Fixed income/other Real estate Other

Total Level 1 $ 1,008,103,242 1,007,227,882 458,291,895 458,291,895 294,577,190 294,577,190 240,910,071 240,910,071 192,050,977 — 104,879,689 — 92,487,816 50,760,240 63,535,876 63,535,876 35,995,033 30,995,033 24,651,533 — 3,771,307 1,965,454

Level 2 — — — — — — 41,727,576 — 5,000,000 — 1,525,802

Level 3 875,360 — — — — 52,802,557 — — — 24,651,533 280,051

Investments measured at NAV — — — — 192,050,977 52,077,132 — — — — —

$ 2,519,254,629

48,253,378

78,609,501

244,128,109

2,148,263,641

The Trust’s investments valued at NAV include: Hedge Funds – Consist mainly of multi-strategy funds that attempt to generate consistent positive returns by focusing on opportunities that are not correlated with the overall markets. This category also includes two funds that seek to achieve equity-like returns with lower volatility than the equity markets. These funds may be redeemed at net asset value at least annually and in most cases more frequently. Advance notice of 30-90 days is required to redeem these investments.

Private Equity – These funds focus on buyouts—primarily of midcap companies. Certain funds of funds also have a small allocation to venture capital. As the underlying investments are liquidated, assets are distributed.

The liquidation occurs over the life of each vehicle, which is typically 10 years. Certain of The Trust’s investments in private equity involve future cash commitments, which amount to approximately $30.9 million at December 31, 2017.

The following table presents a reconciliation for all Level 3 assets measured at fair value for the period from January 1 to December 31: Level 3 assets Fair value at January 1 Gains and losses, net Net purchases (sales) Capital distributions

2017 $ 78,609,501 17,080,133 180,621 (539,937)

2016 79,907,996 463,158 (1,407,265) (354,388)

Fair value at December 31

$ 95,330,318

78,609,501

(4) Commitments On March 30, 2004, The Trust entered into a lease agreement for office space expiring March 31, 2020. In June 2017, CFI signed the Amendment of Lease to extend the lease term through August 31, 2030. Future minimum annual rental payments are approximately $1.5 million in 2018 and 2019, $1.2 million in 2020, $2.0 million in 2021, and a total of $17.9 million thereafter through 2030.

Rental expense is recognized on a straightline basis, in accordance with ASC 840, Accounting for Leases. The excess of recognized expense over actual rent payments as well as landlord-provided improvements has been recorded as deferred rent credits. Rent expense for the years ended December 31, 2017 and 2016 amounted to $1,384,625 and $1,417,520, respectively.

ANNUAL REPORT

45

FINANCIALS 2017 (5) Pension and Postretirement Medical Benefit Plans The Trust administers a noncontributory defined benefit pension plan covering substantially all employees.

Benefits are based on years of service and the employee’s compensation during the five highest consecutive years during the last ten years of employment. The Trust also provides medical insurance benefits for its eligible retired employees. Obligations and funded status at December 31 are as follows: Postretirement medical benefits

Pension benefits 2017

2016

$ 25,052,525

21,179,644

—

—

30,292,958

27,143,027

3,584,813

3,162,669

$ (5,240,433)

(5,963,383)

(3,584,813)

(3,162,669)

Benefit costs

$ 1,075,210

1,212,803

305,250

258,095

Benefits paid

$ 1,144,228

910,976

67,952

58,985

Plan contribution

$

977,779

9,548

11,366

Fair value of plan assets Benefit obligation Funded status

687,775

2017

2016

The accumulated amounts not yet recognized as a component of net periodic benefit cost were $4,918,292 and $(174,825) at December 31, 2017 for the pension and postretirement medical plans, respectively. The estimated amounts that will be amortized into net periodic benefit cost in 2018 are $170,000 and $(28,000), respectively.

Postretirement medical benefits

Pension benefits 2017

2016

2017

2016

Discount rate

3.50%

4.00%

3.60%

4.20%

Rate of compensation increase

4.00

4.00

—

—

Discount rate

4.00%

4.10%

4.20%

4.40%

Expected return of plan assets

6.70

6.80

—

—

Rate of compensation increase

4.00

4.00

—

—

Weighted average assumptions used to determine obligations as of December 31:

Weighted average assumptions used to determine periodic cost as of December 31:

The health care cost trend rate assumption for 2018 is 4.4%, increasing to 5.0% in 2023.

The pension plan is invested in a balanced portfolio of equity and fixed income securities. Annual projected benefit payments for the pension and postretirement medical benefit plans are expected to average $1,536,000 and $105,000, respectively, through 2027.

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The following tables present The Trust’s fair value hierarchy for the investments of its defined benefit pension plan as of December 31, 2017 and 2016, respectively: 2017 Equities Fixed income Cash equivalents

Fair value $ 17,887,961 6,877,397 287,167

Level 1 17,887,961 5,405,095 287,167

Level 2 — 1,472,302 —

Level 3 — — —

$ 25,052,525

23,580,223

1,472,302

—

2016 Equities Fixed income Cash equivalents

Fair value $ 16,213,565 4,402,663 563,416

Level 1 16,213,565 3,537,434 563,416

Level 2 — 865,229 —

Level 3 — — —

$ 21,179,644

20,314,415

865,229

—

The Trust also sponsors a defined contribution retirement plan in which contributions are based upon a specified percentage of salaries and years of service. The expense for this retirement plan was $661,305 in 2017 and $616,935 in 2016.

(6) Subsequent Events The Trust evaluated its December 31, 2017 consolidated financial statements for subsequent events through April 26, 2018, the date the consolidated financial statements were available to be issued.

The Trust is not aware of any subsequent events that would require recognition or disclosure in the consolidated financial statements.

ANNUAL REPORT

47

FINANCIALS FINANCIALS2015 2017

Independent Auditors’ Report Distribution Committee of The New York Community Trust and Board of Directors of Community Funds, Inc.: We have audited the accompanying consolidated financial statements of The New York Community Trust and Community Funds, Inc. (including its Long Island and Westchester Divisions) (collectively, The Trust), which comprise the consolidated statements of financial position as of December 31, 2017 and 2016, and the related consolidated statements of activities and cash flows for the years then ended, and the related consolidated notes to the consolidated financial statements.

Management’s Responsibility for the Consolidated Financial Statements Management is responsible for the preparation and fair presentation of these consolidated financial statements in accordance with U.S. generally accepted accounting principles; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of the consolidated financial statements that are free from material misstatement, whether due to fraud or error.

Auditors’ Responsibility Our responsibility is to express an opinion on these consolidated financial statements based on our audits.

We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the consolidated financial statements. The procedures selected depend on the auditors’ judgment, including the assessment of the risks of material misstatement of the consolidated financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the consolidated financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Opinion In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of The New York Community Trust and Community Funds, Inc. (including its Long Island and Westchester Divisions) as of December 31, 2017 and 2016, and the changes in their net assets and their cash flows for the years then ended in accordance with U.S. generally accepted accounting principles.

April 26, 2018

KPMG LLP, is a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity.

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Financial Highlights ASSETS BY FUND TYPE $2,806,083,000

Unrestricted 54% Donor-advised 37% Non-advised 17%

Field of Interest 30%

Designated 12%

Scholarships 4%

GRANTS BY PROGRAM AREA $224,215,000

Promising Futures 53%

Thriving Communities 29%

Healthy Lives 16%

Special Projects 2%

TOTAL EXPENDITURES $239,075,000

Grants 94%

Administration 5%

Development 1%

Investment Committee Members Kevin R. Byrne, Chairman Chief Executive Officer Pacific Global Asset Management (A subsidiary of Pacific Life Insurance Company)

Raymond Kanner Retired Managing Director & Chief Investment Officer IBM Retirement Funds

Bruce W. Calvert Retired Chairman & Chief Executive Officer Alliance Capital Management (now AllianceBernstein)

Rosemarie Liu Shomstein Retired Senior Vice President & Deputy Chief Investment Officer AXA Equitable Life Insurance Company

Elizabeth B. Dater Managing Director, Angelo, Gordon & Co.

Lorie A. Slutsky President, The New York Community Trust

David F. Holstein Retired Portfolio Manager Capital Group

Donald R. Kurtz (Emeritus) Retired Managing Director, General Motors Investment Management Corp.

Affiliations for identification purposes only.

49

FUNDS IN 2017 Funds in bold and with an asterisk are new. Please know that we do our best to ensure the accuracy of these lists, but errors may still occur. If you find an error, please contact us so we may correct it.

A

AB Partners Fund (2014) Janice E. Abbott Scholarship Fund (1999) Abdini Fund (2008) Jane Schwab Abel & Elise Schwab Clemenger Memorial (1946) A.B.Y. Fund (1960) A. Bernard Ackerman Fund (2011) Ackman Family Fund (1997) Acorn Foundation Fund for Beautification in Memory of Barbara Foster Vietor (2004) Acorn Foundation Fund for History in Memory of Alexander Orr Vietor (2004) Ada Fund (2010) John and Laurie Adams Fund (2004) Hall Adams Fund (1972) Adel and Leffler Families’ Fund for Queens (1993) Terry Adkins Memorial Fund (2014) Frederica M. and Morton L. Adler Trust (1941) Benigno M. Aguilar and Gerald A. Erickson, Jr. Fund (2011) M. Bernard Aidinoff Fund (1986) M. Bernard Aidinoff and Elsie V. Aidinoff Fund Seth G. Aidinoff Fund (1986) Ms. Carol Aim High Fund (2016) Akabas Family Fund (1986) Albin Family Arts Fund (1999) Barbara Albisser Memorial Fund (1981) Oakey L. and Ethel Witherspoon Alexander Fund (1977) Allegra-Tanner Fund (1995) Robert Mack Allen & Wendel Fentress Ott Fund (1989) AB Foundation Fund (1998) Franz and Marcia Allina Fund (1994) Alouette Fund (1993) Jack & Belle Alpern Fund (2016) B. Altman Fund (1985) Carl Altman Fund (2007) Altschul Family Fund (1980) Altschul Overbrook Fund (1994) Arthur G. Altschul, Jr. Charitable Fund (1996) Arthur Altschul Memorial Fund (2002) Emily H. Altschul Charitable Fund (2002) Elizabeth and Peter Altwater Fund (1974) American Seamen’s Friend Society Designated Fund (1986) American Seamen’s Friend Society Discretionary Fund (1986) Iris Arinella Ames Education Fund (2015) Jack Amster Fund (2016) Ananouri Fund (1998) Anne Anastasi and John Porter Foley, Jr. Funds (2006) J. R. Anderson Fund (1981) Patricia Anderson Fund (2005) Matthew and Krista Annenberg Fund (2012) Patricia L. Anslinger Memorial Fund (2007) Apple Seeding Fund (2012) Aquamarine Fund (2014) Eileen and William Araskog Charitable Fund (2001) Arc of Circumstance Fund (1978) G.W. Archer Fund (2001) Joseph Arena and Dr. Thomas D’Eletto Charitable Fund (1995) Arman Fund (2015) Walter & Marsha Arnheim Fund (1986) Esther Jean Arnhold Scholarship Trust (1966) Arundel Fund (1988) Marcia Ashman Fund for Children (1999) Larry Ashmead Editorial Award Fund (2010)

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Michael J. Ashworth Fund (2012) Robert R. Asiel Memorial Funds (1972) Winifred A. Aste Fund (2011) Astor Fund for Public School Libraries (1997) Brooke Astor Funds for New York City Education (2012) ASW Fund (2007) ATS-1 Fund (2010) Auburn Citizen Fund (1999) Michael Avery Social Justice Fund (2012)

B

B Fund (1990) Babbitt Family Fund (1990) Babsan Fund (1992) William M. Backer Fund (1985) Backman-Niesz Fund (1999) Isabelle Bacon Fund (1985) Ellen & Henry Baer Fund (1986) Honorable Harold Baer & Dr. Suzanne Baer Fund (1989) Lee Bailey Fund (1991) S. Prentiss Bailey Fund (1960) Bain Fund (2015) Baird Family Fund (1987) Allyson Maya Collazo Baker Fund (1984) Baker Family Fund (2003) Suzanne Bales Memorial Fund (2016) Fern Ann Ballard Memorial Fund (1986) Dr. Holly M. Bannister and Douglas L. Newhouse Fund (1984) Peleg S. Barber Fund (1960) Bardel Family Fund (2007) Ruth Plofsky Barish and Irving Barish Fund (1996) Barns Fund (1971) Parker W. Barnum Funds (1979) William and Françoise Barstow Foundation No. 1 (1931) William and Françoise Barstow Foundation No. 2 (1959) Christopher S. Bartels Fund (1998) Katherine N. Bartels Fund (1998) McDonald C. Bartels Fund (1998) Todd C. Bartels Fund (1998) Harriett M. Bartlett Funds (1987) Arthur L. Baruch and Rosalie K. Baruch Fund (1979) Paul Ludwig Baruch & Aimee Mayer Baruch Fund (2008) Conor Bastable Charitable Fund (2010) Baudo-Sillerman Scholarship Fund (1989) Alice D. Beal Trust (1955) Bear Stearns Award (2008) Raymond R. Beatty Scholarship in Memory of Andrew Wilson (1984) Hubert Park Beck Literacy Fund (2004) Bernadine Becker Commemorative Trust (1984) Ruth Bedford Fund (1963) Beech Fund (1975) Thomas D. Bell Charitable Fund (2012) David A. and Gail G. Bell Fund (2012) Bellevue Nursing Committee Fund (1976) Eleanor Robson Belmont Fund (1980) Selim and Luna Benardete Charitable Fund (2012) Lillian Z. Bender Fund (2002) Bendheim-Von Wiskow Fund (2010) Claire B. & Lawrence A. Benenson Fund (1987) Herbert and Edythe F. Benjamin Fund (1976) Karen Benner Family Fund (2014) Michael Benner Family Fund (2006) B. Bentele’s Fund (2015) Bento Fund (2004) Maureen Duffy Benziger Fund (2005) Berelle Fund (2009) Andrew N. and Gail D. Berg Fund (1999) Berger Family Memorial Fund (2008) Berger Memorial Fund (2008) Edward Bergman Fund (2005) Paul Bergman Fund (2005)

Sarah and Paul Bergman Youth Empowerment Fund (2005) Sharon & Edward Bergman Charitable Fund (2008) Lancelot M. Berkeley Fund (2007) Berkshire Fund (2000) Charles L. Bernheimer Fund (1924) Theresa E. Bernholz Fund (1924) Sylvia Bernstein Fund (1994) Richard & Katherine Berresford Fund (1997) William H. Berri Funds (1966) Betlor Foundation Fund (1978) Beverly Hills Fund (1972) BGM Fund (1971) Anil and Pandora Po Bharvaney Fund (2012) Melanie S. Bialis Fund (2007) Philip A. and Carol Bilotti Fund (2010) June R. and Jonathan Bingham Fund (1980) Henry Birnbaum Fund (2000) Gladys A. Bishop Memorial Fund (1987) Blackwell Fund (2013) Richard & Margaret Blanchard Fund (1983) Nancy & Robert S. Blank Fund (2003) Helene Blieberg Fund (2015) Blitzer Family Fund (2005) E.H.R. & N.M. Blitzer Fund (1984) Amy Bloch/Gregory Horowitz Fund (2005) Block Island Fund (2016) Lida and David Bloom Fund (1989) Robin Bloom Fund (1991) Blum Family Fund (1990) Sidney and Elaine Blumenthal Fund (1980) Jesse Smith Blydenburgh & Josephine Vail Blydenburgh Fund (1958) Ernst P. Boas Memorial Fund (1955) *Bodie’s Blue Sky Fund (2017) Alice Boerner Fund (1988) Bohemia Fund (1971) Bolin Fund (1986) Peter A. Bonanni Scholarship Fund (1996) M. Alida Bonynge Memorial Fund (1940) Lillian G. Booth Fund (1976) Janet and James Bostany Memorial Fund (1999) Charles Bouman Charitable Trust (1977) Bove Fund (1986) John Perry Bowditch Memorial Fund (1956) Clothilde de Veze Bower Fund (1989) Philip and Suzanne Bowers Charitable Contribution Fund (2012) Blair A. and Elizabeth J. Boyer Family Fund (2006) George T. and Francele Boyer Fund (1976) William B. and Jane Eisner Bram Fund (1995) William M. Bramwell, Jr. Fund (1995) Barry and Geraldine Brause Fund (1986) R. S. Brause Fund (1986) Roberta Brause Fund (1986) Catherine and Robert Brawer Fund (1996) Annie Grant Breath Memorial Fund (1939) Briar Patch Fund (2012) Brivio Family Fund (2003) Beatrice and Douglas Broadwater Fund (1986) Edward Brodsky Fund (1997) J. Frank & Susan S. Brown Family Fund (2012) Meredith & Sylvia Brown Fund (2004) Nikki Brown Fund (2011) Orville Gordon Browne Foundation Fund (2011) Adon H. Brownell Memorial Fund (1985) Edward W. Browning Fund (1969) Brownstein Family Fund (1995) William H. and George R. Brunjes Memorial Fund (1988) John and Josephine Bruno Memorial Fund (2011) May Evans Bryant Fund (1989) BTW Fund (1973) Emily G. Buck Fund (1994) Bucks Harbor Fund (2006) David A. Budd Fund (2008) Alexandru and Sonia Bunescu Fund (1993) Walter and Martha Burchard Family Fund (1988) Burford Fund (2007) Richard A. Burgheim Fund (1999)

*Mary Griggs Burke Fund (2017) Burkhart Fund (2004) Frantzes D. Burkhart Fund (2004) William H. Burkhart Fund (2004) Burnett Family Fund (2012) C.D. Burns Fund (2008) John U. and Minnie M. Burt Inter Vivos Fund (1974) John U. and Minnie M. Burt Testamentary Fund (1974) Ernest Brooks Burton Fund (2003) William B. Butz Memorial Fund (1999) Judith Byrd Fund (2009) Kevin and Maura Byrne Family Fund (2016) Monsignor Harry J. Byrne Scholarship Fund (1998) Patrolman Edward R. Byrne Substance Abuse Fund (1988)

C

Hans and Ruth Cahnmann Family Fund (2009) Ruth and Hans Cahnmann Memorial Fund (2012) Jean C. Caldwell Fund (1950) Patricia A. Caldwell Fund (2002) Calman Fund (2007) Bruce and Marjorie Calvert Family Fund (2000) Camp Edith Macy Fund (1926) Frances T. Campbell Fund (1959) Cane Nowak Family Fund (2014) Henry Cannon Fund (1981) Capozzi Family Fund (2016) Elsie, Ubaldo and Vivian Cardia Fund (2012) Carillon Fund (1998) Carlson Fund (1994) Arnold W. and Alice R. Carlson Charitable Fund (2013) Carnegie Corporation Funds No. 1 & 2 (1936) Carnoy Family Fund (2012) Carolina Fund (1986) Alys Sinclair Carreau Memorial Fund (1929) Carson Family Charitable Trust Fund (1985) Sybil Carter Memorial (1930) Cashin Family Fund (1989) Bonnie Cashin Fund (2002) Castilian Fund (2016) Cecelia Trust Fund (1996) Cedar Chest Fund (2016) CFDA-Vogue Initiative/New York City AIDS Fund (1991) Chadwick Fund (2015) David & Miriam Chalfin Fund (1985) Maria Bowen Chapin Scholarship Fund (2005) Chapman Fund (2000) Charlie’s Fund (1975) JPMorgan Chase Fund (2011) Gerald L. Chasin Fund (1986) Richard & Ellen Chassin Charitable Fund (2000) Chatham Fund (1984) Jerome Chazen Fund to Address Domestic Violence (2014) Patrick S. Cheng & Michael J. Boothroyd Fund (2000) Cheng-Kingdon Fund (2007) Herbert & Phyllis Chernin Fund (1996) Christiansen/Shuchman Fund (1987) Christie Fund (2012) Francis and Catherine Christy Fund (1975) Chrysalis Fund (2016) Patricia Cirillo Charitable Fund (2012) Clark Family Fund (2000) Cameron Clark Memorial Fund (1998) Edith M. Clark Fund (1944) Fenton Clark Fund (1986) Huguette Clark Family Fund for Protection of Elders (2013) Valerie G. Clark Memorial Fund (1978) Cline Foundation Fund (1995) Clinton Community Garden Fund (1985) Club Life Fund (2013) CND Fund (2010) Coco Fund (2000) Claire and Joseph Cohen Fund (2013) Helen Cohen Fund (1995)

Lisa E. Cohen Memorial Scholarship Award Fund (1991) Paul T. Cohen Fund (2009) John and Ann Coleman Fund (1984) Paul Rykoff Coleman Fund (2014) Warren Coleman Fund (1986) Richard M. Colgate Fund (1959) Faith Colish Fund (2012) Collazo Family Fund No. 1 (2007) Irene D. Collia Trust (1980) Columbus Circle Fund (1976) Thomas J. Concannon Memorial Internship Fund (2006) Georgianna B. Conlin Fund (1998) Kevin P. Connors Fund (1986) Conroy Family Fund (1999) Cook Family Fund (1986) Joan Ganz Cooney Fund (2010) Joan Ganz Cooney & Holly Peterson Fund (2015) Lane Cooper Fund (1960) Gertrude Corbitt Bequest (1959) Barbara Fatt Costikyan Fund (1999) Jennifer L. Costley and Judith E. Turkel Fund (2005) Daniel I. Cotlowitz Fund (2016) Melinda and James M. Cotter Fund (1986) Counterpoint Fund (1996) J. E. Covington Fund (2007) Valery Craane Fund (2012) Karen L. Cramer Charitable Fund (2012) Critchlow/McCormick Family Fund (2012) Charlotte L. Crittenden Fund (1932) A. Evelyn Cronquist Fund (1991) Winifred Crost Fund (1981) Andrew Crystal & Family Fund (2004) CSF Family Fund (2007) Charles E. Culpeper Fund (1999) Kay Cummings Fund (2008) Richard Cummings (G. Black) Fund (2016) Richard Cummings (W. Cummings) Fund (2016) Curbstone Fund (2006) Cushman Family Fund (2003) Paul and Paulette Cushman Fund (1998) CWR Partners Fund (2012)

D

John Da Silva Memorial Fund No. 1 (1988) John Da Silva Memorial Fund No. 2 (1988) John Da Silva Memorial Fund No. 3 (1988) DAL Fund (1984) Florence S. Daniels Fund (2012) Petra Danielsohn Family Fund (2016) Danziger Family Fund (1973) Abraham L. Danziger Fund (1979) Ellen and Sabin Danziger Fund (1997) Darlington Fund (1973) Darlington Memory Fund (2012) Elizabeth B. Dater & Wm. Mitchell Jennings Jr. Fund (1999) Davis Polk & Wardwell Fund (1997) Donna Scher Davis Fund No. 1 (1993) Donna Scher Davis Fund No. 2 (1996) Dawn Fund (2005) Day Memorial Fund (1948) DBC Fund (2008) DBS Fund (2009) Eugenia Ortuno de Bartels Fund (2002) David and Diane DeBell Family Fund (2003) G. Louise Robinson de Dombrowski Fund (1991) Adam de Havenon Fund (2004) Georgia and Michael de Havenon Fund (1986) Peter J. De Luca Family Fund (1991) Georges and Lois de Menil Charitable Fund (1977) Jay and Ruth De Soto Mayor Fund (2004) Ellen A. Dearborn Fund (1969) Dearing Zeiler Charitable Fund (2016) Richard & Barbara Debs Fund (1986) Deerdodds Fund (1997) Defliese Family Fund (1971) DEL Fund (2007) Delacorte Fund (1994)

Delacorte Scholarship Fund for Columbia University College of Physicians & Surgeons (2013) Albert P. Delacorte Fund (2005) George Delacorte Center for Magazine Journalism Fund (1998) George & Valerie Delacorte Fund (2011) Valerie Delacorte Fund (1993) Delafield Fund (1975) John and Patricia Delany Memorial Fund (2012) Delany Sisters Fund (1994) Patrick and Kara Dennis Charitable Fund (2015) David W. Denton U.S. Attorneys’ Fund (2010) Derby Fund (1983) Charles Desmarais and Katherine Morgan Fund (2010) Deutsche Bank Fund (2010) Brian and Silvija Devine Fund (1986) Brooke Katherine Devine Fund (2006) Mary Wheeler Dewart Fund (1976) Eugene Di Mattina Fund (2013) Diacre Family Fund (2003) Hester Diamond Fund (2002) Dickler Family Fund for Crohn’s and Inflammatory Bowel Disease (2016) Ruth and Gerald Dickler Community Housing Fund (2016) Ruth and Gerald Dickler Fund for Early Childhood Education (2010) Ruth Crohn Dickler Legacy Fund (2016) Esther Baiyla Dinner Memorial Fund (1999) Dogwood Fund (1979) Eugene, Bridget & Tommy Dolphin Scholarship Fund (1992) Susan Wells Donnell Fund (1984) William W. Donnell Fund (1994) William W. Donnell Fund for Parks (2003) Margaret E. Donnelly Fund (2015) A. James Donohue Fund (1986) Donors’ Education Collaborative of NYC Fund (1992) James D. Dorfman & Michael J. Herko Fund (2014) Stephen M. Dowicz Fund (1994) John & Hebe Dowling Fund (1986) Nathan and Miriam Drachman Fund (1989) Jamie Drake Future Fund (2007) Dream Team 25 Fund (2011) Bruce Dresner Fund (1993) Leon Drew Fund (2001) Drexel Burnham Lambert Fund (1995) Beatrice L. Drossman Fund (1998) Dr. James R. Dumpson Fund for Social Services (2009) William M. Duncan Family Fund (1986) Wolcott and Joan Dunham Fund (2010) Mary Ann Dunn Charitable Fund (2012) Dutch Kills Civic Association Fund (2013) Solomon Dutka Fund (1999) Suzanne L. Dyer Development Fund (2012) Dyer Family Fund (2012) Dzialga Family Fund (2013)

E

East Harlem Tutorial Program Fund (1997) Early Childhood Partners Fund (2016) Evelyn and Jack Eber Fund (1995) E.C.B. Fund (1960) Sammy Cohen Eckstein Memorial Fund (2013) Economic Justice Fund (1989) Julius and Margarete Edelstein Fund (1991) Edlow Fund (1996) Edward Oxenberg Fund (2014) Davis W. Edwards Fund (2008) Eleanor Franklin Egan Memorial Fund (1927) E.H.C. Foundation (1967) Julie Ehrlich and Noam Elcott Fund (2009) Dr. Moses Einhorn Fund (1964) Einhorn/Lasky Family Fund (1999) Eiseman Altschuler Fund (2003) Irving and Blanche Eisenberg Charitable Fund (1995)

ANNUAL REPORT

51

FUNDS IN 2017 Carole & Richard Eisner Fund (1980) EisnerAmperCares Fund (2010) EJP Fund (2012) H. Rodger and Jessie Graham Elgar Fund (2013) Claudio Elia Fund (1997) Dr. Deborah Elkins Fund (1993) Gertrude Elkins Memorial Fund (1993) Howard L. Ellin Charitable Fund (2003) Nancie Ellis Fund (2004) Elman/Ronson Fund (2016) ELSAM Fund (1999) Lita & Walter Elvers/Zipperian Fund (1999) Emy Fund (2007) Henry C. Enders Funds (1976) Mildred F. Englander Fund (1985) Enos Fund (1983) Samuel Epstein Lecture Fund (1999) Charles and Lillian Erickson Fund (2014) Josephine L. Erwin Fund (1935) James A. Essey and Nina Zakin Essey Fund (1994) Evans Family Fund (1995) Bradford and Barbara Evans Fund (1986) Brittain Anderson Ezzes Fund (2012)

F

Fahs-Beck Funds for Research and Experimentation (1986) Edgar W.B. Fairchild Fund (1992) Fairway Fund (1987) Falk, Lichten, and Rosenstein Fund (1995) Susan Meyers Falk Fund (1996) Joseph Fancher Fund (1983) Farrand Family Fund (1993) Fashion Targets Breast Cancer Fund (2010) Emanuel and Bertha Feder Memorial Fund (1994) Federal Bar Council/U.S. Attorneys’ Offices Fund (2001) Fegan Family Fund (2008) Feinsod Herz Fund (1980) Feldman Family Fund (1982) Nancy and Michael Feller Fund (2007) Louise and Marvin Fenster Family Fund (1999) Anthony and Vanda Ficalora Fund (1988) Judith & Norman Fields Fund (1992) Raymond H. Fiero Fund (1984) Brian Keith Fifield Memorial Scholarship Fund (1987) Filak Family Fund (1999) Simon Finck Fund (1959) Golda and Mollie Fine Fund (1977) Harriet Finkelstein Family Fund (2007) Kelly Ann Finley Memorial Fund (2008) Fishbein Family Fund (1998) Mitchell S. Fishman Donor-Advised Fund (1999) Desmond Gerald FitzGerald Charitable Fund (1986) Kirsten Flagstad Memorial (1964) William E. Flaherty Family Fund (1998) Clementina Santi Flaherty Fund (2007) Flanagan Fund (2006) Sam Flax Memorial Scholarship Fund (1964) Fletcher Fund (1999) Josephine Flood Memorial (1973) Francis Florio Fund (2012) Flushing Females Association Scholarship Fund (1992) Michel Fokine Memorial Fund (1985) *Force Majeure Design Fund (2017) Walter B. Ford Funds (1972) Fortune Society Education Fund (1994) Fosdick Fund (1986) *Foster Care Excellence Fund (2017) John H. Foster Fund (1984) Ben Fox Memorial Fund (1962) Ellen Sydney Fox Fund (1994) Nicholas T. Franco Fund (2012) Patrick L. Franco Fund (2012) Frank Fund (1995) Abraham B. and Sarah Frank Funds (1955)

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Martin M. Frank Scholarship Fund (1990) Katherine M. Franke Fund (2006) Bethenny Frankel Charitable Fund (2012) Michael and Beatrice Frankel Fund (2008) Corinne R. Frear Fund (2000) Arthur and Elinor Fredston Fund (2004) Freedman Family Fund (2016) David and Paula Freedman Fund (1994) Freilich Fund (2011) Ernest Grey Frerking/Sharon Frerking Philanthropic Fund (2012) Friedman Family Charitable Fund (2008) Elayne and Howard Friedman Fund (2006) L. W. Frohlich Charitable Fund (2011) L. W. Frohlich Family Fund (2011) Frunzi/Wachtel Fund (2011) James Fuld Jr. Family Fund (1991) Ricki Fulman Fund (2013) Fun On 2 Wheels Fund (1998) Fund for Astrophysical Research (2016) Fund for Autistic Children (2000) Fund for the Delacorte Theatre in Central Park (1998) Fund for Fiorello H. LaGuardia High School of Music & Arts (1983) Fund for New Citizens (1987) Fund for New York Youth (2015) Fund for Performances at the Delacorte Theater in Central Park (1999) Future of Design Jewelry Education Fund (1997)

G

Laly & George Gallantz Fund (1991) Colin Gardner Fund (2011) William T. Gardner Theatre Internship Fund (1992) Garfinkel Family Fund (2007) Gloria and Barry H. Garfinkel Fund (1986) Barbara Gauntlett Scholarship Funds (1986) Paul Edward Gay Fund (1990) Benjamin and Rachel Geballe Fund (2007) Geduld Fund (1993) Jane C. Geever Fund (2008) Geismar Family Fund (2008) Bruce S. Gelb Fund (1995) Gemini Fund (1998) General Charitable Fund (1971) Generation Fund (2010) Ruth E. and Timothy M. George Charitable Fund (1986) Jacques A. Gerard Fund (1987) Pierce Gerety Memorial Fund (1998) Gerling Fund (2016) GIA Fund (2010) Clara A. Gierisch Fund (1975) Clarence H. Gifford Funds (2008) John N. and Gillett A. Gilbert Family Fund (1999) Elena Gildersleeve Fund (1982) Stephen Gillen Family Fund (2012) Frank J. Gillespie Fund (1985) Gilmore Human Rights Fund (1980) Sonia Raiziss Giop Literature Fund (1994) Santina Giordano Memorial Fund (1985) Girls Write Now Fund (2010) Glaser Family Fund (1994) Robert J. Glenn Memorial Fund (1974) Rose N. Glenn Memorial Fund (1990) Madeline Shobrys Glosten Fund (1999) Goins Family Fund (2003) Charlynn and Warren Goins Fund (2015) Rita and Herbert Z. Gold Education Fund (1993) Jacob and Helen Goldfein Fund (2009) Goldman Schachar Charitable Fund (2012) Budd and Jane Goldman Fund (2010) Diane Goldman Fund (2008) Jack Goldring Fund (1986) Oliver and Barbara Goldstein Charitable Fund (2012) Patricia and Bernard Goldstein Fund (1985) Good Samaritan Fund (1993)

Maurice and Georgine Goodman Fund (1998) Roger and JoAnn Goodspeed Fund (1986) Goodwin Family Fund (1999) Everett F. and Ann P. Gordon Memorial Fund (1991) Gail Gordon Charitable Fund (2011) Gail Gordon Fund (2000) *Milton A’lan Gordon Fund (2017) William J. Gossen Fund (1985) Josh Gotbaum & Joyce Thornhill Fund (1991) Lee Gottlieb Fund (2005) Deborah Gottlieb-Shapiro Family Fund (2012) Lynda Gould Fund (2006) Gouverneur Hospital Fund (1958) Eugen Grabscheid Fund (1992) Howard E. Grace Fund (1998) Maggie and Gordon Gray Family Fund (1998) Green Fund (1985) Lawrence and Barbara Green Fund (2005) Leonard M. Greene Memorial Fund (2009) Orland S. and Frances S. Greene Fund (1962) Greenebaum Fund (1984) Richard Greenebaum Fund (2007) John Robert Gregg Fund (1985) J & J Gribetz Fund (1983) Linda A. Griffith Fund (1970) Arthur Griggs Fund (1947) Emily Griggs Fund (1944) Stephanie Fairchild Griswold Fund (2010) Gross Family Fund (2003) Charles & Carol Grossman Family Fund (2009) GSLW Fund (2007) Rudolph Guenther Fund (1977) Sydney A. Guggenheimer Memorial Fund (1949) Sarah G. Gund Fund (2005) Gwertzman Family Fund (2012)

H

Leopold Haas Fund (1984) Katherine & Morris Hadley Trust (1968) Horace and Amy Hagedorn Fund (1995) Emil and Zerline Hahnloser-Richard Bak Fund (1975) Hajim Family Fund (1983) Halcom Family Fund (2014) Luke Halpin Memorial Scholarship Fund (2002) Carol D. & S. Sutton Hamilton Charitable Fund (2012) Hamond Family Fund (2013) Mike Handy Memorial Fund (2003) Lola G. Hanna Fund (1995) Gwenda and John Hanson Fund (1986) Lee Hanson and Don Scherer Fund (1986) Happy Kids Fund (2016) Harbor Watch Fund (2000) William Barclay Harding Fund (1979) Augusta Lehman Harlem & Lillian Harlem Martin Fund (2000) Harmony Fund (1986) Elisabeth Scott Harms Fund (1982) Harris Family Fund (1992) Charlotte Daniels Harris Memorial Fund (2002) Elsie and Chelsea Harris Memorial Fund (1996) Jeff & Judy Harris Fund (2003) Katharine S. Harris Fund (1965) Kim and Alan Hartman Fund (2012) Alana Hassan Fund (2009) Hastings Peace and Justice Fund (1993) Haupt Family Fund (2000) Harry and Eugénie Havemeyer Fund (2001) Hawk’s Nest Fund (2000) Steve Hayden Fund (2012) Hayes Family Fund (1996) Ralph Hayes Memorial Fund (1968) Constance Laibe Hays Journalism Fund (1994) Thomas Healy and Fred P. Hochberg Fund #2 (1995) Thomas P. Healy Fund (2003) Nicholas C. Heaney Memorial Fund (1997) Broderick J. Hehman Memorial Fund (2006)

Heiser Grant (1972) *Heisman Trophy Trustees’ Fund (2017) *Heisman Trophy Youth Development Fund (2017) Hejaz Tree Conservation Fund (2007) Huyler C. Held Memorial Fund (2013) Hemlocks Fund (1978) Henderson-Fahnestock Fund (2016) Paul & Ann Henegan Fund (1986) Lucy Henning Memorial Fund (1995) Lucy & George Henning Fund (1974) Alexander S. Henry, Sr. and Ann S. Henry Memorial Fund A (1989) Alexander S. Henry, Sr. and Ann S. Henry Memorial Fund B (1995) Doris & Milton Hepner Fund (2000) Herbster Family Fund (1990) Frances A. Hess Fund (2005) Don and Marilyn Berger Hewitt Fund (1998) Leo and Ethel Heymann Memorial Fund (1954) Murray Hidary Fund (1998) High Exposure Fund (1993) High School of Commerce, Class of 1911 Scholarship Fund (1967) Ann and Leon Himelberg Fund (2006) Steven Hirsch Fund D (1973) Steven J. Hirsch Fund (2002) Susan Hirschman Fund (1999) Martin Hirschorn IAC Fund (1995) Margaret M. Hitchcock Fund (1946) Hive Digital Media Learning Fund (2010) Ho/Ching Charitable Fund (2012) Mary and David Hoar Trust for the Honor and Glory of God (1975) Rita and Irwin Hochberg Charitable Fund (1982) Hodgson Fund (1995) John J. Hoffee Fund (1996) Hoffman Fund (2011) Gloria and Joel S. Hoffman Fund (2001) Jane & Michael Hoffman Charitable Gift Fund (2003) Marion O. and Maximilian E. Hoffman Fund (1984) Lillian and William Hoffmanns Fund (1990) Holmén Family Fund (2002) Britt Holmén Family Fund (2002) Mark Holmén Family Fund (2002) Homeless Outreach and Assistance Fund (1997) Ettie Chin Hong Fund (2006) Katie Danziger Horowitz & Steven G. Horowitz Family Fund (1995) John and Sandra Horvitz Fund (1996) Norris Houghton Theatre Fund (1988) Ralph N. Hubbard Fund (1948) Doctor Joseph E. Hughes Scholarship Fund (1984) Margaret J. Hughes Memorial Fund (1990) Christine Hunsicker Charitable Fund (2012) Lisette Verea Ruegg Hunter Funds (2011) Mildred K. Hurson Fund (2003) Hyatt Family Fund (2008) Rene K. and Samuel M. Hyman Memorial Fund (1978)

I

I Get Fund (1991) Iancu-Trinz Family Fund (2013) Charles F. Iklé Scholarship and Research Funds (1965) Indian Mountain School Fund (1993) George A. Ingalls and Ann C. Ingalls Fund (1957) Ingraham Fund (1986) Innovative Design Fund (1988) Intercultural Interdisciplinary Initiatives Fund (2008) *Marjorie S. Isaac Fund for Animals (2017) *Marjorie S. Isaac Fund for People in Need (2017) Paul J. Isaac Fund (1981) Island Fund (1975) John Paul Itta and Tony Murray Fund (2008) Isabel C. and Walter T. Iverson Fund (1986)

J

J B Fund (1985) Attillo and Myrtle Jackson Fund (2013) F. Jackson Fund (2007) Frederick Jacobi Memorial (1952) Jamaica Fund (1989) Lucy Wortham James Fund (1935) Lucy Wortham James Memorial (1939) Walter B. James Funds No. 1 & 2 (1927) Warren S. and Florence L. Jampol Fund (2006) Jane Fund (2012) Ethyl Janson Fund (2014) Gail and Robert Janukowicz Charitable Fund (2008) JCK Fund (2008) Jeanne d’Arc Foundation (1927) *Jelly Bean Fund (2017) Kayce Freed Jennings Fund (2007) Jenny-Hiteshew Fund (1994) Elise Jerard Environmental and Humanitarian Trust (1981) Harry J. and Teresa H. Johnson Graduate Scholarship Funds (1987) Harry J. and Teresa H. Johnson Undergraduate Scholarship Funds (1983) Laura and Ray Johnson Fund (2003) Jon and Deb Charitable Fund (2015) Kristin & Adrian Jones Charitable Fund (2013) Doug Jones and John Sanger Theater Ticket Fund for Greater New York (2015) Jophed/Thomas Fund (1975) JQW Fund (2006) JTS Fund (2011)

K

Eleanor Kagan Fund (2015) Daniel Kaizer and Adam Moss Fund (2014) KAL 007 Victims Memorial Fund (1988) Kanner Family Fund (2016) Susan Grant Kaplansky Fund (2001) Barbara and William Karatz Fund (1986) Hagop, Arousiag and Arpy Kashmanian Scholarship Fund (1999) Robert A. Kasner Fund (2005) Jonathan Ned Katz Fund (2008) Judy Katz/Oren Rudavsky Fund (1996) Glenn and Kim Kaufman Fund (2004) Robert M. Kaufman Fund (1988) Robert M. Kaufman Fund No. 2 (2002) Sheila Kelley Kaufman Fund (2009) Marion Esser Kaufmann Fund (1985) Walter and Selma Kaye Fund (1994) Kearney Family Fund (2012) Allan and Margaret Keene Charitable Fund (2013) Adrian and Alieda Keevil Fund (2004) Robert Prior Kehoe Fund (1974) Richard Keim Family Fund (1983) William Wilson Kelchner Memorial Fund (1972) Jane and Donald Seymour Kelley Fund (1997) Peter L. Kellner Fund (1986) Kelner Family Fund (1996) Carl and Doris Kempner Fund (1996) Michael C. Kempner Fund (1997) Kenary Fund (2004) Kenilworth Fund (1970) *Muriel & Bob Kennedy Fund (2017) Kenner-Smith Family Fund (2007) Gilbert and Rebecca Kerlin Fund (2005) Jonathan O. Kerlin Fund (2005) Kerlin Tucker Donor-Advised Fund (2012) Kern Family Fund (2011) Dr. Leo Kesner Fund for the Advancement of Science (2012) Ellen Kheel & Arnold S. Jacobs Fund (1998) Chloe E. Kimball Foundation Fund (2012) Eliza V. Kimball Foundation Fund (2012) John H. Kimball Foundation Fund (2012) King Family Fund (2000) Joseph M. Kirchheimer Fund (1989)

John H. Kirst Memorial Fund (1999) Kismet Fund (2005) Susan B. & Donald M. Kitchen Fund (1989) Jane W. Kitselman Fund (2015) Casey Kizziah Fund (1994) *Klass Family Fund (2017) Edward and Edith H. Klauber Fund (2013) Edith and Jules Klein Fund (2012) John C. Klein Trust (1981) Allen Kleinman Fund for Arts & Education (2016) Morris Kligman Memorial Fund (2000) Alan and Kathryn Klingenstein Family Foundation Fund (2013) Knopp Family Fund (2012) Jane & Richard Koch Fund (1987) KOKORO Fund (2004) Kona Family Fund (2014) Korda Fund (1990) William A. Koshland Fund (1987) John C. Koster Fund (2003) Ellen Kozak Fund (2011) Patricia Berry Kozak Fund (2004) Kozukai Fund (2003) Henry Phillip Kraft Family Memorial Fund (1996) Kramer and Hallstein Charitable Fund (2012) Elaine & Alison Kranich Fund (2011) Sydney and Marjory Krause Fund A (2004) Sydney and Marjory Krause Fund B (2012) Sydney and Marjory Krause Fund C (2012) Michael and Patricia Kraynak Fund (1986) Eileen S. Krill Fund (2012) Susan J. Kropf Fund (2002) Mark Krueger Charitable Fund (2004) Bernie & Lydia Kukoff Fund (2005) Wheaton B. Kunhardt Fund (1949) *Kurz Family Fund (2017)

L

Lachance Family Charitable Fund (2012) Benjamin V. and Linda L. Lambert Fund (1996) Lampe Family Fund (2005) Lamport Foundation Fund (1975) Landlocked Fund (1986) Lands-Cabrera Fund (2014) Allan Browning Lane Memorial Funds (1980) Lang Fund (1982) Daniel Lang Memorial Fund (1998) Langner Family Fund (2000) Judith and Jean Lanier Fund (1986) Lanning Family Fund (2014) Rose Kean Lansbury Fund (2000) Rhona and Philip Lanzkowsky Fund (2014) May Seton Bayley Large Memorial (1928) William S. and Stanley S. Lasdon Fund (1984) David Lawrence Fund (2000) Blanche E. Lawton Fund (2009) Charles Henry Leach II Fund (2013) Ledges Fund (1996) Lee Family Chinese Immigrant Education Fund (2001) Leede Family Fund (1996) Jeffrey R. and Joan Leeds Fund (2005) Howard Z. Leffel Fund (1970) Lefrak Fund (1999) Lehman Brothers T. Christopher Pettit Memorial Scholarship Fund (2008) Mark E. Lehman Fund (2008) Karl H. and Jewel I. Lehmann Fund (2010) Delia and Artemio León Fund (1997) Anne Leonhardt Fund for the Needy (2015) Frederick H. Leonhardt Fund (1979) Reba Q. Lerch Fund (1971) Ursula Lerse Fund (2010) Le Veque Memorial Foundation (1948) Betty & John A. Levin Fund (1998) Dustin Levine Fund (2000) Ellen Levine Fund for Writers (2007) Robert & Patricia Levinson Fund (1985) Robert A. & Patricia S. Levinson Award Fund (2016)

ANNUAL REPORT

53

FUNDS IN 2017 Jacob Levy Fund (1990) Wadsworth Russell Lewis Trust Fund (1989) Lichstein Family Fund (1992) Lichtenstein-Miller Fund (1994) Barbara and Richard Lieberman Fund (1979) Robert and Janet Liebowitz Fund (2013) Claire Lieberwitz and Arthur Grayzel Theatre Fund (2015) Dawn Lille Dance Award Fund (1994) Limberlost Fund (2016) Ken Lin Fund (2002) Robert and Maria Lin Fund (1992) Linden Memorial Fund (1994) Adolf G. and Eloise Linden Scholarship Fund (1995) Alexander and Ella Lindey Fund (1991) Lindgren Family Fund (1999) George N. and Mary D. Lindsay Fund (1996) David F. and Dorothy W. Linowes Philanthropic Fund (2015) Linwood Fund (1983) Lion and Hare Fund (1970) Lissner Charitable Fund (2011) Literacy in Early Childhood Fund (2000) Edward H. Little Memorial Trust (1982) Royal Little Fund (1992) Nancy Liu Memorial Fund (1995) Livingston Fund (1995) LJTJ Fund (2012) John L. and Frances L. Loeb Fund (2011) Loewenberg Family Philanthropic Fund (1983) Wilhelm Loewenstein Memorial Fund (1940) Michael Lomax Memorial Fund (2001) Peter C. Lombardo MD Fund (2012) Peter Lomonte Fund (2009) Jane P. Long Fund (1991) Longview Fund (1990) Lookout Foundation Fund (2010) Elizabeth Meyer Lorentz Fund (2002) Thomas H. Loughman Memorial Scholarship Fund (1978) Ellee J. Lovelace Fund (1970) Ruth Norden Lowe and Warner L. Lowe Memorial Fund (1990) Lowenstein Fund (2002) Lowenthal Family Fund (2012) Patrocinia Lu Charitable Fund (2012) Rena M. Lucardi Fund (1997) Melvin Ludwig Memorial Fund (1993) Edna Wells Luetz/Frederick Riedel Fund (2009) Edna Wells Luetz/Frederick Riedel Fund No. 2 (2012) Judge J. Edward Lumbard U.S. Attorneys Fellowship Fund (1977) LW Fund (2012) Lynford Family Fund (1988) Amelia and George Lyons Memorial Fund (1994)

M

M & N Fund (2000) Clara L. Macbeth Funds (1977) Nancy G. and C. Richard MacGrath Fund (1996) Ralph and Susan Mack Charitable Fund (2008) Afifie & Richard Macksoud Foundation (1975) Lloyd F. MacMahon Fellowship Fund (1989) Edith Carpenter Macy Memorial Fund (1926) Susan Madden Fund (2015) Wilson H. Madden, Jr. Fund (1993) Brian and Florence Mahony Fund (1997) Major Fund (1971) Maldonado Fund (2007) Thomas G. Malone Donor Advised Fund (2009) Terry and Arielle Maltese Fund (1998) Manheim Fund (2011) Mann-Wheeler Fund (2012) Anthony Mannucci Fund (2014) Mark Mannucci Fund (2014) David L. Marcus and Susannah Ludwig Fund (2016) Jan W. Mares Fund (1978) Mark Family Fund (1986)

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Alison Billie Marks Fund (1993) Alison Billie Marks Fund No. 2 (2012) Dora, Edythe K. & Sylvia Marks Family Fund (1999) Dorothy Marks Fund (1997) Lory and Carol Marlantes Family Charitable Fund (2005) Marlin-van Stockum Fund (1995) Alfred J. Marrow Fund (1974) Erika and Peter Marsh Charitable Fund (2012) Patricia T. Marshall Fund (1998) Donald and Amanda Martocchio Fund (2008) Vincent James Mastronardi/Thomas J. Fahey Memorial Fund (1993) MacDonald Mathey Fund (2001) Mathys Fund (2000) Joan and Robert Matloff Fund (2016) Michael & Paula Maturo Family Fund (2009) Joyce Matz Fund (2006) Edward Maverick Fund (1963) Maxwell Family Fund (1991) Claudia Kress Mayberry Fund (2000) Jessica Kress Mayberry Fund (2000) Paul M. Mazur Fund (1945) McAfee Foundation Fund (2003) Sarah S. McAlpin Fund (1996) Townsend Martin McAlpin Fund (1983) Blanche and Edwin D. McArthur Fund (1999) McCaffrey Family Fund (1985) McClendon Fund (1999) Cyrus McCormick and Florence S. McCormick Memorial Fund (1995) Colonel and Mrs. Henry Bayard McCoy Memorial Fund (1957) Ruth McCreary Funds No. 1 & 2 (2001) Alonzo L. McDonald Family Fund (1983) Donald Wesley McDougall Memorial Fund (1991) John Todd McDowell Environmental Fund (2004) Michael R. McGarvey Fund (2001) Richard E. “Rusty” McGivney Memorial Fund (1999) John F. and Jean C. McIlwain Fund (1995) Mark McInerney Fund (1986) Victor and Dorothy McIntosh Fund (2013) Dave McKennan Memorial Fund (2003) Isabel C. McKenzie Fund (1952) Kate McLeod and Jerry Flint Fund (2013) Janet H. McPherson Memorial Fund for Children (1984) McWhelan Fund (2011) Emily McIntyre Means Fund (1995) Louis K. & Susan P. Meisel Family Fund (2015) Melzer Fund (1994) Toni Mendez Fund (2003) Friedrike Merck Fund (2002) George W. Merck Fund (1987) John Merck Fund (1981) Helen Merrill Fund (1998) Marjorie Merryman Fund (2012) Ralph D. Mershon Fund (1953) LuEsther T. Mertz Advised Fund (1995) LuEsther T. Mertz Fund (1995) Charles Merz and Evelyn Scott Merz Memorial Funds No. 1 & 2 (1984) Merz Supplemental Fund (1986) Albion and Natalie Metcalf Fund (2010) Meyer Family Fund (2008) Helen F. and Alfred S. Meyer Fund (2008) Michaels Fund (1979) Jeanne Michaud Gift (1964) Middle Road Fund (1983) Midnight Mission Fund (1974) Midtown Fund (1997) Gregory Millard Memorial Fund (1985) Earl Miller Fund (2006) Minikes Family Foundation Fund (2008) M.J.H. Fund (1964) MLW Advised Fund (1998) Mobility Rehabilitation Fund (1964) Leo Model Fund (1988) Robert and Moira Moderelli Fund (2008)

Moles Scholarship Fund (1996) Molly & Carl Fund (2000) Money In Motion (2000) Moore Family Fund (1994) AF Moore Fund (2010) Anne L. Moore Fund (2010) Anne Moore and Arnold Lisio Fund (2008) Barbara F. and Richard W. Moore Fund (1997) Deborah W. and Timothy P. Moore Fund (2007) Elisabeth Moore Fund (2010) Meredith C. Moore and Abhijit Gurjal Fund (2010) Shirley I. Moore Fund (2002) Terence W. Moore Memorial Fund (2004) Zachary Moore Fund (2010) Moosehead Fund (1996) Arthur G. Moraes Memorial Fund (1999) Marie Morgello Book Fund (1993) Jenny Morgenthau and Eugene R. Anderson Fund (1992) *Morningside Heights Community Fund (2017) Morningside Retirement and Health Services, Inc. Fund (1993) Alice V. & Dave H. Morris Memorial (1958) Jennifer Emily Morris Memorial Fund (1985) Lawrence Morris Charitable Trust (1992) Robert C. Morris & Aline B. Morris Fund (1939) Ray Mortenson - Jean Wardle Fund (1996) George T. Mortimer Foundation (1970) Morvillo Abramowitz Grand Iason & Anello, P.C. (2006) Moses Fund (1992) Henry and Lucy Moses Fund (2011) Hanna and Jeffrey Moskin Family Fund (1997) Sam & Fanny Moskowitz Fund (1986) James Mossman Fund (2000) Daniel Motulsky and Caitlin Pincus Fund (2006) Mount of Olives Fund (1989) Frieda Mueller Fund (1981) Suzanne C. and Carl M. Mueller Charitable Fund (1999) Joanna Mufson Memorial Trust Fund (1983) Mulber Fund (1947) Stephen Mulderry Memorial Fund (2001) T.F. Mulvoy Charitable Fund (2012) Alexandra Munroe Fund (2002) Munson Foundation (1978) Marjorie Oatman Munson Memorial Fund (1980) Murphy Prospect Fund (2014) Thomas W. and Florence T. Murphy Fund (1984) Thomas W. Murphy, Jr. Fund (2011) Virginia Murphy Memorial Scholarship Fund (1954) William and Janice Murphy Charitable Fund (2012) Musical Arts Fund (1939)

N

Joseph Nacmias Fund (2011) Nager-Wentworth Fund (1993) Anni P. Nalbandian Memorial Scholarship Fund (1997) Nana & Annie’s Fund (1999) Naskeag Fund (2012) Murray L. and Belle C. Nathan Fund (1996) Nathoo Family Fund (2014) Walter W. Naumburg Memorial No. 1 (1960) Walter W. Naumburg Memorial No. 2 (1960) Navesink River Group Fund (2002) Gabe and Beth Nechamkin Fund (1997) Richard H. Needham Fund (1995) Nancy F. & Daniel A. Neff Charitable Fund (2011) Ilse Nelson Fund (1986) Ness Fund (1972) Neuberger Berman Fund (1980) Daniel Neubourg Fund (1999) Nicole and Mark Neuhaus Fund (2000) New York City Cultural Agenda Fund (2014) New York Critical Needs Funds (1975) New York Keller Family Fund (2004) New York Vietnam Veterans Memorial Fund (1983) Annalee Newman Fund (1998)

*Barnett and Annalee Newman Foundation Fund (2017) Nancy A. Newman Fund (2012) Reverend and Mrs. R. Heber Newton Fund (2006) Hally and James Nicol Fund (1998) Herbert Nidenberg Scholarship Fund (1993) Nimble Waiter Fund (2004) Nish Family Fund (2008) Nollmann Fund (2004) Olivia Schieffelin Nordberg Fund (1996) Northcliff Philanthropic Fund (1979) Northwest Harbor Fund (2007) Adelaide Walker Nugent Fund (1974) NYC Workforce Development Fund (2001) NYCN Fund (2010)

O

Lindsay and Terry O’Brien Fund (2002) Sheila J. O’Connell Advised Fund (1999) *O’Connell Family Fund (2017) Sheila J. O’Connell Fund (2007) A.P.J. O’Connor Fund (1996) Thomas and Maureen O’Connor Fund (2012) William B. O’Connor Fund (1996) Robert K. and Jean O’Conner Fund (1979) Elizabeth and Brian O’Kelley Charitable Fund (2012) Charles R. O’Malley Fund (2009) Oak & Acorn Fund (2000) Oasis Fund (1984) Robert K. and Jean O’Connor Fund (1979) Octagon Fund (1978) Mary P. Oenslager Foundation Fund (1996) Abraham Oestreicher Fund (1972) Mary F. Ogorzaly Fund (2014) Bilge Ogut-Cumbusyan Achievement Fund (2012) Florence C. Oliveira Memorial (1969) Olmezer Family Fund (1998) Jacqueline Kennedy Onassis High School Fund (1997) Open Door Fund (1996) Oppenheim Family Fund (2000) Martin and Suzi Oppenheimer Philanthropic Fund (1998) Origo-Levy Animal Care Fund (1993) Origo-Levy Child Welfare Fund (1993) Susan Orkin Fund (2005) Maxwell Orloff Fund (1998) Linda W. Osanik Fund (2010) Donald R. Osborn Fund (1986) Courtlandt Otis Fund (1973) Jeanne Marie Otter Scholarship Fund (1989) Overbrook Family Advised Fund 1-3 (2012) Overbrook Family Advised Fund/Arthur G. Altschul, Jr. (2012) Overbrook Family Advised Fund of Charles Altschul (2012) Overbrook Family Advised Fund of Serena Altschul (2012) Overbrook Family Advised Fund of Stephen F. Altschul (2012) Overbrook Family Advised Fund of Carolyn J. Cole (2012) Overbrook Family Advised Fund, EAM (2012) *Overbrook Family Advised Fund of Joyce Fensterstock (2017) Overbrook Family Advised Fund of Elizabeth Graham (2012) Overbrook Family Advised Fund of Julie Graham (2012) Overbrook Family Advised Fund of Kathryn G. Graham (2012) Overbrook Family Advised Fund of Kristin Graham (2012) Overbrook Family Advised Fund of Michael C. Graham (2012) Overbrook Family Advised Fund of Robert C. Graham, Jr. (2012) Overbrook Family Advised Fund / Sticky Wicket Fund (2012)

Overlook Fund (1971) Owen Fund (1986)

P

Bishop Robert L. Paddock Fund (2010) F. LeMoyne Page Memorial Fund (1977) Mary LeMoyne Page & Romaine LeMoyne Billings Memorial Fund (1980) Manfred Pakas Scholarship Fund (1981) Pamina Fund (2014) Heidi Paoli Fund (1987) Katharine A. Park Funds for the Elderly (1982) William Hallock Park Research Fund (1976) Parkinson Fund (1995) Lorenzo and Isabelle Parsons Scholarship Fund (1998) Mary Sherman Parsons Fund (2005) Elise and Stephen Partridge Fund (2015) Patricof Family Foundation Fund (1979) Robert P. Patterson Memorial (1952) Oliver H. and Lola G. Payne Fund (1994) Stewart J. Pearce Memorial Fund (2016) Barbara and Morris B. Pearl Fund (2012) Pedowitz Family Fund (1999) *Daniel Pekarsky & Stephanie Stone Fund (2017) Peltier Family Fund (2010) Peltier Fund (2009) Pennies from Heaven Fund (2001) Penobscot Fund (1993) Peppercorn Fund (2015) Donald and Miriam Marya Perkins Charitable Fund (1989) Dorothy Perlow Fund (1996) Jacob Perlow Memorial Fund (1983) Irene Peron Fund (2000) Virginia and Jean R. Perrette Fund (1997) Richard L. Perry Memorial (1935) Leonard L. Perskie Memorial Fund (1980) Petersmeyer Family Fund (1973) Susan Petersmeyer Fund (2009) Alexander W. Peterson Foundation Fund (2012) Alexandra B. Peterson Foundation Fund (2012) Drew Peterson Foundation Fund (2012) Michael B. Peterson Foundation Fund (2012) Peter Cary Peterson Foundation Fund (2012) Peter G. Peterson and Joan Ganz Cooney Fund (1980) Peter G. Peterson Fund (1977) Steven C. Peterson Foundation Fund (2012) Seymour & Beverly Peyser Fund (1986) Stowe and Charlton Phelps Charitable Fund (2014) Phil Fund (2001) Hal Philipps Fund (2012) Kenneth A. and Helen Clark Phillips Fund (1972) Charles M. Phinny Fund (1987) James and Elizabeth Pickman Fund (2015) John P. Picone Charitable Foundation Fund (2004) Picower Fund (2011) Pilkington Family Fund (1996) Donaldson C. Pillsbury Fund (2009) Marnie S. Pillsbury Fund (2006) Pilot House Fund (1985) Pine Cone Fund (2000) Pine Tassel Fund (2014) Pine Tree Fund (2013) Pinkerton Trust (1979) Marietta C. Pino Memorial Fund (1982) Emanuel and Nora Piore Fund (2002) Emanuel and Nora Piore Memorial Fund (2002) John Polachek Fund (1958) Samuel S. & Anne H. Polk Charitable Fund (2000) Sam and Anne Polk Family Fund (2006) Maxwell A. Pollack Fund (1986) Leo L. Pollak Memorial Fund (1984) Helene Pomerantz Memorial Fund (1991) Robert and Ellen Popper Scholarship Fund (2010) Amy and Martin Post Fund (2011) Michele Potlow Fund (2010) Katharine Sloan Pratt Fund (2002)

Robert & Barbara Preiskel Memorial Fund (2002) Sidney S. Prince Trust (1964) Margaret Fenton, Samuel and Thomas Pringle Memorial (1957) Robert and Ilse Prosnitz Fund (1999) Publishing Triangle New Voices Fund (2015) Publishing Triangle Literary Fund (2004) *Puerto Rico Relief & Rebuilding Fund of the Partnership for NYC (2017) Valerie & Michael A. Puglisi Fund (2003) Pyewacket Fund (1997)

Q

Q Fund (1996) Alan Grant Quasha Fund (2011) Diana Ronan Quasha Fund (1995) Queens College Speech and Hearing Center Fund (1999) Alan G. Quitko Fund (1997)

R

R & J Fund (2012) Rabinowitz Family Fund (2012) Racek-Dowicz Fund (2013) Radin Family Fund (2005) R.A. Radley Fund (1994) The Ragin Family Fund (2002) Rahm Family Fund (2015) Raiziss/de Palchi Translation Award Fund (1994) Neera & Deepak Raj Fund (2012) Calvin Ramsey Scholarship Fund (2003) Addison C. Rand Fund (1940) Lynne S. Randall Charitable Fund (2009) Ralph J. Rangel Fund (1989) Rankin-Smith Fund (1985) *Raskin-Young Family Fund (2017) Rawson Family Fund (2010) RDG Zabel Fund (2011) Reach Fund (2007) Jeanne and Norman Reader Better English Award Fund (1997) Susan Cohen Rebell Fund (1998) Red Dog Hill 2010 Fund (2010) Redstone Fund (1997) Philip D. Reed Fund (1996) Thomas D. and Natalie B. Rees Family Fund (1996) Helen Rehr Fund (2011) Joseph E. Reich Fund (1986) Henry H. Reichhold Scholarship Fund (1968) Reid Family Charitable Fund (2012) Cordelia and David Reimers Fund (2002) Rudyard & Emanuella Reimss Memorial Fund (2001) Reingold Family Fund (2000) Jerilyn Hayes Reiter Memorial Scholarship Fund (2001) Rembrandt Fund (1977) Eugene H. and Patricia C. Remmer Fund (1986) Remo Fund (2009) Karl F. Reuling Fund (1993) Louis and Mary Reusché Fund (2012) Reynwood Fund (1986) R. Rheinstein Fund (1999) Audrey Rheinstrom and Anne Blevins Fund (2003) Rhodebeck Central Park Conservancy Fund (1999) Rhodebeck Fund for the Elderly (1989) Rhodebeck Fund for St. George’s Society of New York (2001) Rhodebeck Fund for the Homeless (1989) Rhodebeck Prospect Park Fund (2005) Richard and Mildred T. Rhodebeck Fund (2012) Grantland Rice Fellowship Fund (1951) C Richards Fund (2016) *Richter-Weinberg Fund (2017) Marion & George Riley Fund (1968) Rinaker Family Fund (1983) Henry P. Riordan Fund (1990) James and Gloria Riordan Fund (1983) Rippe Family Fund (2001)

ANNUAL REPORT

55

FUNDS IN 2017 Virginia S. Risley Family Fund (1995) Virginia S. Risley Fund (2004) Rita Fund (2008) RME Fund (2007) RMT Family Fund (2012) Emilie D. Robb Fund (1938) Patricia and Yves Robert Fund (1998) Roberts Family Fund (1999) Robinson-Morrill Fund (1992) Barbara Paul Robinson & Charles Raskob Robinson Fund (1996) Marguerite P. Roché Fund (1972) Laura Spelman Rockefeller Memorial Fund (1928) Mary French Rockefeller Fund (1997) Rogers Family Fund (1995) Sarah and Harry Rogers Fund (1994) Dr. Joseph Richard Rongetti Scholarship Fund (1996) Hugh and Katherine Roome Charitable Fund (2012) Curtis Roosevelt Fund (1989) Jonathan F.P. Rose and Diana Calthorpe Rose Fund (1996) Richard Rose Fund (1981) Rose/Margulies Fund (1997) Jack and Mae Rosenberg Fund (1997) Rosenbloom Family Fund (2011) Rosenfeld Family Fund (1986) June S. Rosenfeld Memorial Fund (1989) Susan Rosenfeld Fund (1998) Allen Rosenshine Minority Education and Training Fund (2000) John P. Rosenthal Fund (1973) Rosenthal-Schneier Fund (2009) Ida Ross Memorial Fund (1986) *Jesse Ross Memorial Fund (2017) Lila & Arnold S. Ross Charitable Fund (2000) Clara Lewisohn Rossin Trust (1949) Robert and Amy Rothman Family Fund (2007) Edmond de Rothschild Fund (2000) Lynn Forester de Rothschild Fund (2002) Roxbury Fund (1997) RSVP — For The Children Fund (2006) Paul and Pam Rubin Family Fund (2012) Lisa Cordell Rubin Fund (1995) Robert E. and Judith O. Rubin Fund (2014) Samuel N. and Charlotte Rubin Fund (1996) Frederic A. and Susan A. Rubinstein Fund (1986) Helena Rubinstein Fund (2011) Harry J. Rudick Fund (1988) Rue de Reves Fund (1987) G & M Rufrano Fund (2007) William and Candace Ruland Fund (2013) Thomas Ruotolo Scholarship Fund (1985) William D. Russell Fund (1971) Guy G. Rutherfurd Fund (2011) Rx Foundation Fund (2006) Rye Scholarship Fund (1977)

S

Myrten G. and Lillian V. Saake Memorial Fund (1994) Daniel Saccomanno Fund (1996) Bonnie and Peter Sacerdote Family Fund (1975) Samuel Sacks Funds (1975) Safer-Fearer Fund (1998) Nola Safro Fund (2011) Dr. Abraham and Shirley Saifer Fund (1992) David G. Salten Fund (2007) Nathan and Nancy Sambul Fund (1997) Flossie Samuels Fund (2015) Stacey Sanders Fund (2001) Sarah A. Sanford Fund (1949) Linda U. Sanger Charitable Fund (1999) Matthew P. Sapolin Fund (2011) Sare-Krevolin Fund (2012) *Dr. John E. Sarno Memorial Fund (2017) Michael Sasse Charitable Fund (2001) James & Sarah Scanlon Fund (2003) *Schalet Family Fund (2017)

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Brigitte Holmen Schattenfield Family Fund (2002) Dossie Schattman Fund (2007) Marielle J. Scheff Fund (2002) Robert and Mae Scheff Fund (2007) Schein Family Memorial Fund (1987) Henry Schein Inc., Company Fund (2003) Ruth and James Scheuer Fund (2010) Jacob H. Schiff Memorial (1924) Jacqueline Schiller Fund (1998) David L. Schlapbach Charitable Fund (2012) Max G. Schlapp Mental Hygiene Fund (1979) Schlegel Family Fund (2005) Shain Schley Fund (1999) Grace and Edith Schneider Memorial Fund (1949) Schneiderman Family Fund (1994) Estella J. Schoen Charitable Fund (2012) Anna E. Schoen-René Fund (1942) Frederick K. Schoff and Maureen A. Mackey Charitable Gift Fund (2009) Scholarships For Kids Fund (1993) Elizabeth Schulte Fund (2013) John W. Schulz Memorial Fund (2000) Robert and Heidi Schwartz Family Fund (2008) Stephen A. Schwarzman Fund (1999) Robert J. Schweich Fund (1981) Alfred H. Schwendtner Fund (1996) Sandra Scime Charitable Fund (2012) Gail Aidinoff Scovell and Edward P. Scovell Fund (1986) Sea Cliff Fund (1986) Seal Point Foundation (1966) Sealion Charitable Fund (1998) Selby/Vail Fund (2001) Selig Family Fund (2012) Mamie Seller Memorial Fund (1978) Jerome and Joan Serchuck Fund (1971) Serena Foundation Fund (2010) Alfred M. Serex Fund (1999) Severinghaus Fund (2011) J. Walter and Helen C. Severinghaus Fund (1988) William H. Seward, Jr. Fund (1962) Sewell Fund (2007) Shah-Domenicali Family Fund (2005) Harris Shapiro Fund (1996) Sharp Fund PLD (2014) Shaw Foundation Fund (1964) Sheinberg Family Fund (1996) Serena Fairchild Sheldon Fund (2009) Lola J. Sherman Fund (1937) Fannie Sherr Fund (2006) Shiffman Family Fund (2012) Shoemaker Family Fund (2014) Shomstein Family Fund (2016) Jack and Dorothy Shulman Memorial Fund (1984) Shyer Vision Fund (2015) Anne P. Sidamon-Eristoff Fund (2007) Catherine and Andrew Sidamon-Eristoff Family Fund (2003) Elizabeth Sidamon-Eristoff Fund (2003) Nancy Sidamon-Eristoff Fund (2014) Simon Sidamon-Eristoff Fund (2003) Siebert Family Fund (2001) Jayne M. Silberman Fund (1986) Lois and Samuel Silberman Grant Fund (1992) Ruth and Marvin Silberman Memorial Fund (1967) Al and Rosa Silverman Fund (1994) Alan Silverman Charitable Fund (2004) Lynn Silverman Family Fund (2006) Marty and Dorothy Silverman Fund (2001) Silverstein Family Fund (2007) Arlene B. Simon Fund (1986) Robert M. Sims/Robert L. Albright Fund (2009) Cecile Singer Fund (2000) Sinha Family Fund (2008) Stephen Sirkin Memorial Fund (1984) Skipjack Fund (2006) Randy Slifka Philanthropic Fund (2006) Adele Slutsky Memorial Fund (2015) Deborah A. Smith Fund (1986) Bowen & Janet Smith Family Fund (2012)

Jacqueline and Albert Smith Fund (1993) Richard L. Snyder Fund (1991) Laura Solinger Fund (1993) L. & S. Soll Fund (1998) David & Nancy Solomon Fund (2000) Hannah Fox Solomon Fund (2002) John D. Solomon Fund for Public Service (2010) *John D. Solomon Scholarship Fund for Public Service (2017) Abe, Lena and Irin Soskis Memorial Funds (1984) Fernando Soto, Jr. Fund (2000) Alireza Soudavar Fund (1986) Mammadi Soudavar Memorial Fellowship Fund (1982) Patricia and Michael Sovern Fund (2003) Rose M. Soybel Rose Garden Fund (1997) Carol and Charles Spaeth Memorial Fund (1986) Spanky Tomato Fund (2012) Special Fund No. 11 (1968) Special Fund No. 14 (1950) Special Fund No. 20 (1962) Tivy Spence Achievement Fund (1999) Arthur L. Spencer Memorial Scholarship Fund (2002) Sperry Van Ness/Joe French Endowment Fund (2004) Marion R. Spinnler Education Fund (1970) Spurlino Family Fund (2006) Squadron A Fund (1983) Nicholas Warren Squires Family Fund (1991) St. Christopher’s School Fund (1974) Stack Family Fund (1994) Stadler Fund (1997) Ilma Stafford-Greene Fund (1977) Stankard Family Fund (2010) Stanley, Story, Crane Fund (2010) Alma Timolat Stanley Fund (1987) Staples Family Fund (2008) Stars and Stripes Fund (1988) Betty J. Stebman Fund (2003) Ellen and David Stein Fund (2009) Steinberg Charitable Fund (2012) Albert and Marie Steinert Fund (1991) Stemland Family Fund (1991) Stephens Bequest (1942) Sterling Fund (1985) Henry J. Stern & Robert F. Wagner, Jr. Fund (1982) Ettie Stettheimer Memorial Fund (1961) Gertrude Stewart Memorial Scholarship Fund (1971) Kate H. Stiassni Fund (1999) Still Waters Fund (2016) Nancy J. Stockford Donor-Advised Fund (2012) Stonehome Fund (1956) Samantha Fairchild Storkerson Fund (2009) Edward K. Straus Fund (1951) Joan Fuld Strauss Charitable Fund (2011) Lise Strickler and Mark Gallogly Charitable Fund (2010) Stronach-Buschel Fund (1995) Carole Stupell Travel Award Program (2003) Subramanian Family Fund (2013) Sunlight Fund (2012) Billy Sunshine Memorial Scholarship Fund (1985) Surrogate’s Court Fund (1991) John and Mary Suydam Family Fund (2007) R. Swayze Gay and Lesbian Youth Fund (1996) John and Devereux Swing Philanthropy Fund (1998) Dorothea H. Swope Fund (2015)

T

Hazaros Tabakoglu Scholarship Fund (1994) Robert A. Taft Institute of Government Trust (1969) Peter Talbert Charity Fund (1999) W. Pike Talbert Charitable Fund (1986) Nancy and Jay Talbot Fund (2009) James Talcott Fund (1974) Helen S. Tanenbaum Fund (1954)

Nicki & Harold Tanner Fund (2001) Rachel Tanur Memorial Fund (2002) Tate Family Fund (2012) Dave Taylor Memorial Fund (1995) William J. Taylor Fund (1939) TechnoServe Fund (1993) B. and U. Tenny Fund (2009) Buzz Tenny Fund (2011) William Clark Terry Scholarship Fund (1983) Thackeray Fund (2005) Third Millennium Fund (1973) Thomas COPD Fund (1996) Thomas Fund (1995) Marvin and Doris Thomas Fund (1996) Thomas Street Fund (2014) Grandchildren of Fred & Florence Thomases Fund (1999) Suzanne Thompson Fund (2007) Judith Dana Thorne Fund (1990) Nathan C. and Margaret Y. Thorne Fund (2012) Nathan & Nicholas Thorne Fund (2012) Olaf J. and Margaret L. Thorp Fund (1987) 316th Association Memorial Funds No. 1 & 2 (1994) 316th Infantry Monument Fund (1969) Three Ninety Fund (1972) Jane M. Timken Charitable Fund (1987) Tobacco Pink Fund (1977) Carol H. Tolan Fund (1997) Nathaniel and Sarah Tooker Fund (1972) Susan M. Topiel Memorial Fund (2014) Tor Family Fund (1999) Arnold and Caren Toren Fund (2004) Town Hill School Fund (1993) Tozer Family Fund (1987) Janet Traeger Salz Charitable Fund (2015) Traer Fund (1976) Traub-Dicker Rainbow Fund (2010) Charles Welford Travis Trust (1981) Trevor Fund (1986) Harry D. Triantafillu Fund (1986) Harry D. Triantafillu Fund No. 2 (2001) Trinity Chapel Home Fund (1960) Tripod Fund (1979) Jean L. & Raymond S. Troubh Family Fund (1998) John B. & Louisa S. Troubh Fund (1993) Jimmy Cheong Hang Tsang Fund (2013) *TTS Fund (2017) Ruth Hung-Fang Tung Memorial Fund (2011) Turner Fund (1999) Paul N. Turner Bequest (1960) Charles P. Twichell Fund (1995) 2005 Charitable Trust Fund (2005) 2007 Charitable Trust Fund (2007)

U

Beth M. Uffner Arts Fund (1998) Umbrella Fund (2009) Don & Patricia Underwood Fund (2012) Marjorie & Clarence E. Unterberg Foundation, Inc. Fund (2012) Nina Untermyer Fund (2016) Up-town Fund (2008)

V

Vacolo Fund (2000) Gilad Vaday Fund (2000) Anne van Biema Fund (1996) van Hengel Family Fund (1980) Edward and Sally Van Lier Fund (1988) Lottie Grace Vanderveer Funds No. 1 & 2 (2003) Nancy Veith Fund (2003) Rudolf and Anna Marie Vetter Memorial Fund (1977) R.G. Viault Family Fund (1999) Viburnum Trilobum Fund (2003) Victory Fund (2010) John L. Vigorita, M.D. Memorial Fund (1991) Vinmont Fund (2006)

Vo Van Jacques and Thai Thi Tam Memorial Fund (2004) David & Johanna Voell Family Fund (2001) Gregory & Elyzabeth Voell Family Fund (2001) Jeffrey and Stephanie Voell Family Fund (2001) Richard & Virginia Voell Family Fund (1986) Vogel Family Charitable Fund (2006) Hans A. Vogelstein Memorial Scholarship Fund (1982) Mrs. Claus von Bulow Fund (1971) Enders M. Voorhees Fund (1973)

W

Marian Marcus Wahl Memorial Fund (1985) Wainwright Fund (2012) Christina Walker Fund (2003) Bayard Walker, Jr. Charitable Fund (2003) Walker-Pratt Family Fund (2003) J. Miller Walker Fund (2005) DeWitt Wallace Fund for Youth (1982) (2008) Frederick J. and Theresa Dow Wallace Fund (1977) Lila Acheson Wallace Fund for the Arts (1984) Wallace Special Projects Fund (1991) Theresa Dow Wallace Scholarship Fund (1975) Waller-Davidson Fund (1980) John J. Walsh Fund (2012) Anthony W. and Lulu C. Wang Fund (1996) N.T. and Mabel Wang Charitable Fund (2004) Moritz and Charlotte Warburg Memorial (1925) Elizabeth and Andrew Ward Charitable Fund (2012) David and Mary Warfield Funds (1973) David Warfield Funds (1951) Mary Warfield Fund (1971) Bradford A. and Nancy H. Warner Fund (1985) Warwick Charitable Fund (2013) Watcha Fund (1988) Wattles Family Charitable Trust Fund (1981) Alice W. Wattles Fund (1974) James Howard Wattles Fund (1947) Albert J. Weatherhead III Foundation Fund (2016) Damon Weber Fund (2005) Weber Family Fund (2002) *Ellen Z. Wedeles Memorial Fund (2017) Weil Bauchner Family Fund (2014) Alex E. Weinberg Fund (2007) Seymour and Kathleen Weingarten Fund (2005) Edna and Frederick Weingarten Fund (1984) Martin Weinstein and Teresa Liszka Fund (2016) Seymour & Rose Weinstock Fund (1999) Weintz Family Foundation (1980) Weintz Family Fund (1995) Mabel W. Weir Trust (1978) Rebecca & Nathan Weiss Fund (1997) Nathan H. Weiss Memorial Fund (1999) Cyrus and Carolyn Weiss Fund (2016) WellMet Philanthropy (1999) William E. Welsh Jr. Family Fund (1978) West End Road Fund (1988) Herbert B. West Fund (1989) Florence and Elliot Westin Fund (2010) Wheeler Fund (1992) Betty Wheeler Fund (1991) Where There’s A Will Fund (2012) Letitia M. Whipp Memorial Fund (1972) Bill Whitehead Award Fund (1993) Whitman-Salkin Meyer Fund (2015) Edward B. Whitney Fund (1986) Frederic J. Whiton Fund (1960) Barbara E. Wiedemann Fund (2015) Gertrude and Edward Wiener Charitable Foundation Fund (2016) Mary L. Wiener/Sanford M. Cohen Fund (1986) Carleton Wiggins and Donald Bain Trust (1982) Donna Bain Wiggins Trust (1982) Robert O. Wilder Fund (1989) Mason Wiley Memorial Fund (1995) Cynthia & Alan Wilkinson Fund (2003) *Linda and Richard Willett Fund (2017) Henry K. S. Williams Trust No. 1 (1944) Henry K. S. Williams Trust No. 2 (1944)

Mildred Anna Williams Fund (1940) Oscar Williams and Gene Derwood Fund (1971) Robert I. & Lucille B. Williams Fund (1996) Sarah Williams & Andrew Kimball Fund (1999) Bruce R. Williamson Fund (1998) Douglas Williamson Fund (1997) Willkie Farr & Gallagher Fund (1984) Sam Wilner Fund (1997) John H. T. Wilson Fund (1988) William Ross Reid Wilson Memorial Fund (1991) Wilton-Risdon Fund (1994) Wiltwyck School Fund (1988) Wind Down Fund (1989) Windie Knowe Fund (2003) Windsor Fund (1977) Jay Winston Scholarship Fund (1997) John Winston Fund (1999) Winterer Fund (1986) Winthrop Family in America Fund for Groton Church (1982) John Winthrop Fund (1970) Margaret S. Winthrop Fund (1972) Leone Scott Wise Fund (1986) Witches’ Fund (1998) Witherspoon Fund (2012) Witkin Family Fund (1988) Kate and Richard Witkin Family Fund (1988) Joanne Witty and Eugene Keilin Fund (1986) C. Theodore Wolf & Francis X. Decolator II Fund (1996) Wolf Baumer Fund (2013) *John and Martha Wolf Fund (2017) Wolfe/Inadomi Fund (2012) Women First Fund (2007) Jadin Wong Fund (2011) Wood Thrush Fund (2004) Joseph Woolfson Fund (2010) World Trade Center Hoboken Memorial Scholarship Fund (2002) World-Wide Fund (2002) World-Wide Holdings, Inc. Fund (2002) Clara Kennon Worley Fund (1973) Worth Fund (1992) Wray Family Fund (1986) Wrede Fund (2009) Bruce Wrobel Memorial Fund (2014) Seymour B. Wurzler Bequest (1963) Ursula Wybraniec Fund (2015)

Y

J. Ernest Grant Yalden Memorial Fund (1956) Yamin Family Fund (1994) Yancey Family Fund (1986) Dr. Walter M. Yannett Memorial Fund (2011) Yaseen Lectures on the Fine Arts (1971) Millicent B. Yinkey Fund (2007) Samuel McC. and Lizora M. Yonce Fund (1986) H. R. Young and Betty G. Young Fund (1979) Nancy Young and Paul B. Ford, Jr. Fund (1986) Thomas and Elsie Young Fund (2000) Stephane Yulita Children’s Fund (1989) Stephane Yulita & Inge Kadon Fund (2000)

Z

Judith and Stanley Zabar Fund (1993) Diane O. Zaccagnino Memorial Fund (2015) John & Catherine Zacharias Family Fund (2003) Eileen Geduld Zaglin Scholarship Fund (1993) Elliott Zagor Fund (2015) Zakat Fund of NYC (2016) Zarin Family Fund (2009) Ziano Fund (2007) Joel Zimmerman Fund (1996) Zofnass/Ring Family Fund (1991) ZPM Fund (1986)

ANNUAL REPORT

57

GRANTS IN 2017 These groups received more than $25,000 in 2017—including competitive grants recommended by our staff, and those suggested by advisors of individual funds.

(Not shown: 3,885 grantees receiving $25,000 or less.) Groups are in New York State unless otherwise indicated.

A

Academy of American Poets, $28,375 Achievement First (Conn.), $200,000 Achilles International, $42,000 Actors Fund of America, $346,250 Adelphi University, $66,000 Adhikaar for Human Rights and Social Justice, $64,000 Adirondack Council, $25,500 Adirondack Experience, $84,206 Adirondack Foundation, $501,438 Advocacy Institute, $137,250 Advocates for Children of New York, $432,450 African Communities Together, $50,000 Africare (D.C.), $40,000 After-School All-Stars (Calif.), $40,000 Aisling Irish Community Center, $30,000 Albert Einstein College of Medicine, $178,700 Alfred State College Development Fund, $50,000 Alice Austen House, $120,000 All Our Kin (Conn.), $100,000 Alliance for Climate Protection (D.C.), $50,000 Alliance to Protect Nantucket Sound (Mass.), $50,750 Alliance for Quality Education, $82,500 Alphapointe (Mo.), $130,000 Alvin Ailey Dance Foundation, $31,500 Alzheimer’s Drug Discovery Foundation, $27,750 Alzheimer’s Foundation of America, $105,750 Amazon Conservation Team (Va.), $38,000 America Scores New York, $45,000 American Academy in Berlin, $30,000 American Associates of the National Theatre, $26,600 American Ballet Theatre, $281,700 American Civil Liberties Union Foundation, $384,260 American College of Nutrition (Fla.), $40,000 American Foundation for AIDS Research, $28,000 American Friends of the Hebrew University, $97,580 American Friends of Georgia (Mass.), $58,000 American Friends of the Rabin Medical Center, $25,250 American Heart Association Founders Affiliate, $458,240 American Heart Association, Westchester/ Putnam Region (Conn.), $26,450 American Jewish Historical Society, $36,000 American Jewish Joint Distribution Committee, $26,250 American Junior Golf Foundation (Ga.), $50,000 American Museum of Natural History, $194,780

American Prairie Foundation (Mont.), $110,000 American Red Cross Greater New York Region, $197,466 American Red Cross/National Headquarters (D.C.), $59,975 American Society for the Prevention of Cruelty to Animals, $66,950 American University of Beirut, $36,000 Americares Foundation (Conn.), $48,750 Amnesty International of the USA, $28,550 Amyotrophic Lateral Sclerosis Association, Greater N.Y. Chapter, $26,750 Aneta Community Church (N.Dak.), $40,420 Animal Medical Center, $121,500 Animal Rescue New Orleans (La.), $60,000 Anti-Defamation League, $182,630 Apollo Theater Foundation, $250,000 Appalachian Citizens’ Law Center (Ky.), $50,000 Appeal of Conscience Foundation, $50,000 Archcare, $76,500 Archdiocese of Baltimore (Md.), $100,000 Arkansas Community Foundation, $100,000 ArteEast, $100,000 ARTS East New York, $150,000 ArtsConnection, $170,900 ArtsPool, $160,000 Asante African Foundation (Calif.), $30,000 Asia Society, $30,000 Asian American Writers’ Workshop, $171,500 Association of the Bar of the City of New York Fund, $31,800 Association for the Blind and Visually ImpairedGoodwill Industries of Greater Rochester, $50,000 Association for Neighborhood and Housing Development, $65,000 Atlas: DIY, $130,000 Auburn Theological Seminary, $35,250 Augusta University Foundation (Ga.), $34,750

B

B Lab Company, $50,000 Baldwin-Wallace College (Ohio), $3,025,000 Bank Street College of Education, $123,750 Bard College, $29,430 Barium Springs Home for Children (N.C.), $71,350 Barnard College, $207,500 Bernard M. Baruch College of CUNY, $465,000 Baruch College Fund, $211,790 Bay Street Theatre Festival, $67,890 Baxter Street at CCNY, $35,000 Beat the Streets Wrestling, $60,000 Vivian Beaumont Theater/Lincoln Center Theater, $84,241 Berkeley Society of Friends (Calif.), $205,000 Berkshire Botanical Garden (Mass.), $100,250 Berkshire Taconic Community Foundation (Mass.), $210,750 Better Angels Society (Mass.), $100,000 Biden Foundation (D.C.), $500,000 Bishop Walker School for Boys (D.C.), $35,000 Black Women’s Blueprint, $75,000 BlueGreen Alliance Foundation (Minn.), $100,000 Blythedale Children’s Hospital, $115,000 Bold and Brave Kid’s Foundation (Conn.), $36,000

APPLY FOR A GRANT We’re committed to critical issues that may not lend themselves to easy solutions, while remaining open to projects that tackle emerging issues, and to organizations that may be new to us. For application instructions, visit our website, nycommunitytrust.org.

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Boston Symphony Orchestra (Mass.), $104,250 Boston University (Mass.), $47,300 Boy Scouts of America, Greater New York Councils, $112,730 Boys & Girls Club of Puerto Rico, $400,000 Boys and Girls Club of Pawtucket (R.I.), $50,000 Boys Town Jerusalem Foundation of America, $49,920 Brain & Behavior Research Foundation, $25,250 Brandeis University (Mass.), $61,300 Brandworkers, $60,000 Brearley School, $69,110 Breast Cancer Research Foundation, $80,300 Brick Presbyterian Church, $165,750 Bridge Fund of New York, $40,000 Bridge Golf Foundation, $60,000 Bridgehampton Child Care and Recreational Center, $25,500 Bronx Academy of Arts and Dance, $30,000 Bronx Charter School for the Arts, $50,000 Bronx Defenders, $235,500 Bronx Legal Services, $68,000 Bronx Museum of the Arts, $1,050,000 BronxWorks, $201,250 Brookings Institution (D.C.), $202,500 Brooklyn Boatworks, $65,250 Brooklyn Botanic Garden Corporation, $46,400 Brooklyn Community Bail Fund, $100,500 Brooklyn Community Pride Center, $130,000 Brooklyn Defender Services, $83,000 Brooklyn Law School, $27,250 Brooklyn Movement Center, $60,000 Brooklyn Museum, $66,800 Brooklyn Navy Yard Development Corporation, $60,000 Brooklyn Public Library, $214,300 Brooklyn Youth Sports Club, $65,000 Brooks School (Mass.), $55,000 Brown University (R.I.), $75,090 Brunswick School (Conn.), $255,000 Bryn Mawr College (Pa.), $40,250 Buckley School, $64,000 Bucknell University (Pa.), $62,500 Jacob Burns Film Center, $89,000 Business Forward Foundation (D.C.), $50,000 BUILD, $105,000

C

Cabrini Immigrant Services of NYC, $55,000 California Community Foundation, $275,000 Callen-Lorde Community Health Center, $77,500 Calvary Hospital, $42,750 CAMBA, $958,000 Camerata Internazionale, $30,000 Cancer Care, $704,600 Canterbury School (Conn.), $63,000 Caramoor Center for Music and the Arts, $70,830 CARE USA Northeast Region, $37,930 Caribbean Cultural Center African Diaspora Institute, $150,000 Carnegie Hall, $165,787 Carnegie Mellon University (Pa.), $135,000 Carthusian Foundation in America (Vt.), $265,480 CAST (Mass.), $300,000 Catholic Charities Community Services Archdiocese of New York, $180,100 Catholic Charities USA (Va.), $105,750 Catholic Guardian Services, $30,000 Catholic Relief Services (Md.), $325,170 Cause Effective, $74,350 Center for Alternative Sentencing and Employment Services, $100,000 Center for American Progress (D.C.), $100,000 Center on Budget and Policy Priorities (D.C.), $400,250 Center for Early Education (Calif.), $35,000 Center for Employment Opportunities, $125,000 Center for Environmental Health (Calif.), $110,000

Center for Large Landscape Conservation (Mont.), $60,000 Center for Supportive Schools (N.J.), $100,000 Center for the New Economy Inc. (P.R.), $500,000 Center for New York City Neighborhoods, $75,300 Center for Popular Democracy, $66,500 Center for Urban Pedagogy, $45,000 Central American Refugee Center - CARECEN New York, $40,500 Central American Resource Center - CARECEN of Northern California, $50,000 Central Park Conservancy, $752,540 Central Presbyterian Church, $30,230 Central Synagogue, $46,300 Centro Para Puerto Rico, $400,750 Centros Sor Isolina Ferre (P.R.), $100,000 Ceres (Mass.), $200,000 Chabad of Port Washington, $28,820 Challenger Athletics, $50,000 Chamber Music Society of Lincoln Center, $125,000 Change Capital Fund, $100,000 Chapin School, $64,500 Character Lab (Pa.), $50,000 Chatham United Methodist Church (N.J.), $310,000 Cheshire Academy (Conn.), $30,000 Chhaya Community Development Corporation, $50,250 Chicago Community Trust (Ill.), $150,000 Child Center of New York, $121,000 Child Mind Institute, $42,000 Children’s Aid Society, $340,120 Children’s Defense Fund (D.C.), $50,252 Children’s Foundation of Memphis (Tenn.), $71,350 Children’s Museum of Manhattan, $75,000 Children’s Rights, $166,000 Chinese-American Planning Council, $808,000 CHIP International, $30,000 Chocolate Factory Theater, $75,000 Christodora, $105,315 Church of the Heavenly Rest, $136,500 Church of the Messiah, $34,500 Churches United for Fair Housing, $50,000 Citizens’ Committee for Children of New York, $286,385 Citizens Union Foundation of the City of New York, $61,000 City Harvest, $401,320 City Limits, $50,000 City Parks Foundation, $29,810 City Seminary of New York, $120,000 City Squash, $42,500 City University of New York, $275,000 City University of New York Graduate School of Public Health and Health Policy, $150,000 City of White Plains, $100,000 Citymeals-on-Wheels, $95,637 Civil War Preservation Trust (Md.), $33,000 Claremont Neighborhood Centers, $200,000 Classical American Homes Preservation Trust, $51,500 Clean Water Fund (D.C.), $175,000 Cleveland Zoological Society (Ohio), $50,000 Climate Group, $100,000 Coalition for the Homeless, $135,885 Colby College (Maine), $215,500 Cold Spring Harbor Laboratory, $64,940 College of Saint Elizabeth (N.J.), $265,480 Collegiate School, $75,250 Columbia Land Conservancy, $31,250 Columbia University, $12,058,850 Columbia University Graduate School of Arts and Sciences, $27,000

Columbia University Graduate School of Journalism, $404,170 Columbia University, Mailman School of Public Health, $65,000 Columbia University School of Law, $178,500 Columbia University School of Social Work, $80,000 Columbia University, Teachers College, $75,800 Columbia University Vagelos College of Physicians & Surgeons, $423,140 Committee for Economic Development (Va.), $30,000 Committee to Protect Journalists $57,500 Common Cause Education Fund (D.C.), $108,400 Common Good Institute, $52,000 Community Food Advocates, $85,000 Community Foundation for Greater New Haven (Conn.), $125,000 Community Governance and Development Council New York, $50,000 Community Healthcare Network, $75,000 Community Partners (Calif.), $30,000 Community Preparatory School (R.I.), $50,000 Community Resource Center, $42,750 Community Resource Exchange, $250,750 Community School for Creative Education (Calif.), $50,000 Community Voices Heard, $105,000 Community Votes, $60,000 Community-Word Project, $70,000 Comunilife, $100,000 Concern Worldwide U.S., $45,000 Concert Artists Guild, $105,000 Congregation Beth Elohim, $50,500 Congregation Emanu-el of Westchester, $26,565 Congregation Kol Ami, $27,820 Congregation Ohav Sholom, $50,000 Congregation Rodeph Sholom, $46,000 Connecticut College, $31,000 Connecticut Fund for the Environment, $32,250 ConPRmetidos (P.R.), $50,250 Consortium for Worker Education, $1,183,170 Consumer Reports, $30,650 Cooper Square Community Development Committee & Businessmen’s Association, $60,000 Cooper Union for the Advancement of Science and Art, $52,410 Copland House, $26,000 Corbin Hill Food Project, $195,000 Cornell University, $105,200 Corporate Angel Network, $62,500 Council of Churches of Greater Bridgeport (Conn.), $35,000

ADVICE FOR WORLD’S RICHEST MAN: When Amazon CEO Jeff Bezos asked Twitter followers for philanthropic advice, Trust president Lorie Slutsky wrote to the New York Times, urging Bezos to establish funds at community foundations across the country.

Council on Foreign Relations, $205,550 Council of Peoples Organization, $60,000 Council on Social Work Education (Va.), $150,000 Counseling in Schools, $150,000 Court Appointed Special Advocates, $27,500 Creative Arts Team, $658,000 Crossing Choir (Pa.), $30,000 Crossnore School (N.C.), $71,350 CSH, $100,000 Cypress Hills Local Development Corporation, $806,000

D

Dalton School, $71,750 Damayan Migrant Workers Association, $69,000 Dance Theatre of Harlem, $72,000 Dancers Workshop (Wyo.), $104,000 Darrow School, $32,000 Dartmouth College (N.H.), $170,710 Day One, $75,000 De La Salle Academy, $53,500 DeCordova Sculpture Park and Museum (Mass.), $50,000 Deerfield Academy (Mass.), $55,250 Denison University (Ohio), $25,500 Destination: College, $50,000 Direct Relief International (Calif.), $56,500 Disability/Arts/NYC Task Force, $44,700 Doctors without Borders U.S.A., $286,630 Dorot, $119,120

GRANTS IN 2017 Frederick Douglass Academy, $59,000 DREAM, $121,000 DreamYard Project, $46,000 Maria Droste Services, $36,000 DRUM-Desis Rising Up and Moving, $100,000 Duke University (N.C.), $50,000 Dysautonomia Foundation, $40,100

E

Earthjustice (Calif.), $132,000 East Harlem Tutorial Program, $130,210 Eastern Long Island Hospital Association, $27,500 Echoing Green Foundation, $44,500 El Centro Hispano, $37,500 Emelin Theatre for the Performing Arts, $138,000 Emory University (Ga.), $35,000 Enterprise Community Partners (Md.), $90,000 Environmental Advocates of New York, $196,000 Environmental Defense Fund, $2,184,300 Environmental Grantmakers Association, $80,000 Environmental Law and Policy Center (Ill.), $100,000 Equal Justice Initiative of Alabama, $1,037,250 Equidon (Tenn.), $72,000 Ethics and Public Policy Center (D.C.), $50,000 Everytown for Gun Safety Support Fund, $76,000 Exodus Transitional Community, $386,500 ExpandED Schools, $1,889,000 Extreme Kids and Crew, $50,000

F

F.A.R. Institute (Fla.), $230,000 FAIR Health, $100,000 Fairfield County Community Foundation (Conn.), $800,000 Families for Freedom, $75,000 Family and Children’s Association, $26,000 Family Service League of Suffolk County, $38,500 Family Services of Westchester, $58,000 William A. Farnsworth Library & Art Museum (Maine), $68,120 Beatrix Farrand Garden Association, $45,000 Field Museum of Natural History (Ill.), $58,000 Fieldstone Farm Therapeutic Riding Center (Ohio), $60,000 Fifth Avenue Committee, $110,250 Figure Skating in Harlem, $61,000 Film Forum, $148,868 First Congregational Church of Ravenna (Ohio), $42,500 First Presbyterian Church of Lake Forest (Ill.), $40,420 Fisk University (Tenn.), $100,000 Flatbush Development Corporation, $70,000 Food Bank for New York City, $32,350 Food Bank for Westchester, $72,500 Food Fight! Coalition (Mich.), $125,000 Food for the Poor (Fla.), $146,244 Fordham University, $50,000 Forestdale, $100,000 Fortune Society, $131,890 Foundation Center, $105,000 Foundation Fighting Blindness (Md.), $50,500 Foundation for Criminal Justice (D.C.), $42,500 Foundation for Puerto Rico, $500,000 Foundation for Individual Rights in Education (Pa.), $25,250 Foundation for Public Schools of the Tarrytowns, $75,000 Fountain House, $108,350 Fractured Atlas, $52,275 Freedom House, (D.C.), $243,000 Freer Gallery of Art of the Smithsonian Institution (D.C.), $60,000

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Fresh Air Fund, $57,710 Friends of Governors Island, $45,000 Friends of the Neuberger Museum, $27,544 Friends of the Saint Andrew’s School Foundation, $30,000 Friends of the Scarsdale Library, $30,250 FSH Society (Mass.), $52,000 Fund for Modern Courts, $35,000 Fund for Public Schools, $431,000 Funders’ Network for Smart Growth and Livable Communities (Fla.), $300,000 Futures and Options, $180,000

G

Gay Men’s Health Crisis, $27,300 Geauga County Humane Society’s Rescue Village (Ohio), $85,000 Generation Citizen, $300,000 Georgetown University (D.C.), $156,750 German Marshall Fund of the U.S. (D.C.), $30,000 Gerontological Society of America (D.C.), $32,000 Getting Ready for Baby Coalition, $150,000 Gibney Dance, $155,550 Gilmour Academy (Ohio), $500,000 Girl Scouts of the United States of America, $139,760 Girls for Gender Equity, $66,000 Girls Incorporated, $27,250 Girls Incorporated of New York City, $155,000 Girls Who Code, $25,250 Global Heritage Fund (Calif.), $40,000 Global Kids, $105,000 GlobalGiving Foundation (D.C.), $54,750 God’s Love We Deliver, $120,050 Good Shepherd Services, $200,000 Gordon School (R.I.), $105,000 Grace Church School, $46,000 Graduate Center of the City University of New York, $216,000 Graduate Center Foundation, $117,000 Martha Graham Center of Contemporary Dance, $100,000 Graham Windham, $35,000 Grandfather Home for Children (N.C.), $71,350 Grantmakers Concerned with Immigrants and Refugees (Calif.), $49,528 Greater Houston Community Foundation (Tex.), $448,250 Green City Force, $55,000 Green Schools Alliance (D.C.), $85,000 Greenpeace Fund (D.C.), $50,050 Greenwich Academy (Conn.), $170,000 Griot Circle, $40,150 Grist Magazine (Wash.), $27,500 Groton School (Mass.), $26,750 Guidance Center of Westchester, $133,500 Guide Dog Foundation for the Blind, $27,059 Guiding Eyes for the Blind, $26,000 Gunnery (Conn.), $150,000

WOMEN IN CHARGE: Crain’s New York Business named Lorie Slutsky the “18th most powerful woman in New York.”

H

Hadassah, the Women’s Zionist Organization of America, $35,050 Hance Family Foundation, $30,000 Harlem Lacrosse and Leadership Corporation, $48,500 Harvard College (Mass.), $246,368 Harvard College Harvard Business School (Mass.), $182,670 Harvard Library in New York, $40,420 Haverford College (Pa.), $33,500 Hawken School (Ohio), $50,000 Health and Welfare Council of Long Island, $290,000 Health, Environment, Agriculture, and Labor Food Alliance (Mass.), $125,000 Hebrew Institute of Riverdale, $31,660 Heifer Project International (Ark.), $180,206 Her Justice, $130,000 Herren Project (R.I.), $50,000 Hetrick-Martin Institute, $44,000 HIAS, $107,750 Didi Hirsch Mental Services (Calif.), $511,600 Hispanic Federation, $249,050 Hispanics in Philanthropy (Calif.), $209,000 Historic Districts Council, $165,500 Historical Society of Early American Decoration, $121,260 History Makers (Ill.), $30,000 Hofstra University, $599,750 Hollaback!, $60,000 Homeless Animal Rescue Team of Maine, $34,000 Hope Program, $111,850 Hospice Care Network, $29,000 Hospital for Special Surgery, $113,750 Hotchkiss School (Conn.), $36,000 Housing Conservation Coordinators, $66,250 Hudson River Community Sailing, $35,400 Hudson Valley Center for Contemporary Art, $75,000 Human Development Services of Westchester, $51,250 Human Rights First, $282,500 Human Services Council of New York City, $160,000 Humane Society of Louisiana, $75,000

Humane Society of the United States (D.C.), $50,000 Hunter-Bellevue School of Nursing, $210,000 Hunter College of CUNY, $1,552,500 Hunter College Foundation, $30,000 Hyde Park Baptist Church (Tex.), $36,870

I

I Challenge Myself, $65,000 IAA Education Program, $48,000 Icahn School of Medicine at Mount Sinai, $321,250 ID Studio Theater Performance and Research Center, $100,275 IDUHA IPA, $121,000 Ifetayo Cultural Arts Academy, $151,500 Immigrant Defense Project, $78,250 Immigrant Legal Resource Center (Calif.), $225,000 IMPACCT Brooklyn, $65,290 INCLUDEnyc, $100,000 Incubadora Microempresa Bieke (P.R.), $40,000 Independent Sector (Va.), $27,500 Indian Mountain School (Conn.), $30,000 Innocence Project, $40,500 Inspirica (Conn.), $42,500 Institute for Applied Gerontology, $125,000 Institute of Current World Affairs (D.C.), $50,000 Institute of International Education, $26,970 Interfaith Nutrition Network, $64,543 International Center of Photography, $27,500 International Collaborative for Science, Education, and the Environment (Mass.), $115,000 International Council of Shopping Centers Foundation, $35,000 International Crisis Group, $100,000 International House, $45,000 International League of Conservation Photographers (D.C.), $45,000 International Planned Parenthood Federation, Western Hemisphere Region, $25,750 International Rescue Committee, $155,050 International Sephardic Education Foundation, $50,000 International Social Service, United States of America Branch (Md.), $71,440 International Women’s Health Coalition, $29,000 Internationals Network for Public Schools, $35,500 Iona College, $102,000 Iraq and Afghanistan Veterans of America, $28,000 Island Harvest, $541,250 Israel Project (D.C.), $37,830

J

J Street Educational Fund (D.C.), $52,550 Jackson Laboratory (Maine), $1,000,000 James Foundation (Mo.), $650,000 Jazz at Lincoln Center, $28,000

Jewish Association for Services for the Aged, $190,000 Jewish Board of Family and Children’s Services, $30,240 Jewish Child Care Association of New York, $200,500 Jewish Women’s Foundation of New York, $30,000 Jews for Racial and Economic Justice, $155,000 JobsFirstNYC, $65,000 Johns Hopkins University (Md.), $4,736,000 Joyce Theater Foundation, $32,250 Juilliard School, $189,470 Just Transition Fund (Va.), $100,000 Justice Committee, $28,000 JustLeadershipUSA, $1,075,000 Juvenile Diabetes Research Foundation International, $125,300

Literacy, Inc., $35,000 Literacy Partners, $76,250 Littig House Community Center, $225,000 Little Orchestra Society/Orpheon, $50,000 Live Free or Die Alliance (N.H.), $27,900 Live and Let Live Farm (N.H.), $30,000 Long Island Arts Alliance, $38,850 Long Island Cares, $80,100 Long Island City Partnership, $50,000 Long Island Medical Foundation, $50,000 Long Island University, $211,000 LongHouse Reserve, $36,000 Lost Light Preservation Project, $40,750 Lost Tree Village Charitable Foundation (Fla.), $100,000 Lower Manhattan Cultural Council, $60,000 Lucerna Fund, $1,000,000

K

Mabou Mines Development Foundation, $80,000 Madison Square Boys and Girls Club, $100,750 Make the Road New York, $208,500 Manhattan Legal Services, $70,000 Manhattan School of Music, $62,500 Manhattan Theatre Club, $246,330 Mardy Fish Children’s Foundation (Fla.), $100,000 Marlboro School of Music (Pa.), $246,250 Marshall Project, $101,500 Martha’s Vineyard Preservation Trust (Mass.), $40,000 Mary Mitchell Family and Youth Center, $80,000 Masa, $52,500 Massachusetts General Hospital, $70,500 Massachusetts Institute of Technology, $92,500 Massachusetts Legal Assistance Corporation, $150,000 Massachusetts Society for Prevention of Cruelty to Animals, $40,420 Massapequa Public Schools, $43,600 Masters School, $300,500 Cardinal McCloskey Community Services, $50,000 Mechon Hadar, $50,000 Media Matters for America (D.C.), $112,250 Medical Center at Ocean Reef (Fla.), $35,000 Medicare Rights Center, $150,000 MedStar Georgetown University Hospital (D.C.), $935,000 Memorial Sloan Kettering Cancer Center, $325,139 Memorial United Methodist Church, $26,450 Mental Health Association of New York City, $75,000 Meridian Institute (D.C.), $100,000 Metropolitan Museum of Art, $1,039,457 Metropolitan Opera Association, $493,955 Metropolitan Opera Guild, $33,650 Mobilization for Justice, $150,000 Middlebury College (Vt.), $130,740 Middlesex School (Mass.), $40,000 Minds Matter National, $50,000 MinKwon Center for Community Action, $173,000 Missionaries of Charity, $312,980 Molloy College, $48,050

Keewaydin Foundation (Vt.), $29,000 John F. Kennedy Center for the Performing Arts (D.C.), $66,000 Kennedy Krieger Foundation (Md.), $26,000 Kinesis Foundation (P.R.), $100,000 Kingsbridge Heights Community Center, $73,000 Kingswood-Oxford School (Conn.), $35,000 Kips Bay Boys and Girls Club, $86,000

L

Lake Forest College (Ill.), $124,260 Lambda Legal Defense and Education Fund, $50,800 Landmark College (Vt.), $51,000 Larchmont Avenue Church, $28,500 Larchmont Temple, $50,250 LatinoJustice PRLDEF, $33,000 Lawrenceville School (N.J.), $59,250 Lawyers Alliance for New York, $220,000 Leadership Conference Education Fund (D.C.), $50,000 Learning Through an Expanded Arts Program, $150,000 Legal Action Center, $165,250 Legal Aid Society, $78,250 Legal Outreach, $225,719 Legal Services of the Hudson Valley, $40,000 Lehigh University (Pa.), $34,250 Lenox Hill Hospital, $65,400 Lenox Hill Neighborhood House, $50,250 Lesbian and Gay Community Services Center, $125,250 Library of America, $250,500 Library of American Landscape History (Mass.), $81,000 Lifetime Arts, $630,000 Lifting Up Westchester, $40,500 Lighthouse Guild, $374,410 Lincoln Center for the Performing Arts, $1,178,150

M

Financial information about The New York Community Trust can be obtained by writing to us at 909 Third Avenue, New York, New York 10022, or as stated below: Florida: SC No. CH9514 A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE, WITHIN THE STATE, 1-800-HELP-FLA OR VIA THE INTERNET AT WWW.FLORIDACONSUMERHELP.COM. Maryland: For the cost of postage and copying, from the Secretary of State. Michigan: MICS No. 22265.

Mississippi: The official registration and financial information of The New York Community Trust may be obtained from the Mississippi Secretary of State’s office by calling 1-888-236-6167.

New Jersey: INFORMATION FILED WITH THE ATTORNEY GENERAL CONCERNING THIS CHARITABLE SOLICITATION AND THE PERCENTAGE OF CONTRIBUTIONS RECEIVED BY THE CHARITY DURING THE LAST REPORTING PERIOD THAT WERE DEDICATED TO THE CHARITABLE PURPOSE MAY BE OBTAINED FROM THE ATTORNEY GENERAL OF THE STATE OF NEW JERSEY BY CALLING (973) 504-6215 AND IS AVAILABLE ON THE INTERNET AT http://www.state.nj.us/lps/charform/htm. New York: Upon request, from the Attorney General

Charities Bureau, 120 Broadway, New York, NY 10271. North Carolina: Financial information about this organization and a copy of its

license are available from the State Solicitation Licensing Branch at (888) 830-4989 (within N.C.) or (919) 814-5400 (outside N.C.). Pennsylvania: The official registration and financial information of The New York Community Trust may be obtained from the Pennsylvania Department of State by calling toll-free, within Pennsylvania, 1-800-7320999. Virginia: From the State Office of Consumer Affairs in the Department of Agriculture and Consumer Affairs, P.O. Box 1163, Richmond, VA 23218. Washington: From the Secretary of State at 1-800-332-4483 www.sos.wa.gov/charities. West Virginia: West Virginia residents may obtain a summary of the registration and financial documents from the Charities Program, State Capitol, Charleston, WV 25305. Registration in the above states does not imply endorsement.

ANNUAL REPORT

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GRANTS IN 2017 Montefiore Medical Center, $157,000 Montefiore New Rochelle Hospital, $40,605 Don Monti Memorial Research Foundation, $25,250 Montreat College, (N.C.), $71,350 Moore County North Carolina Chapter of Sentinels of Freedom (N.C.), $40,000 Morningside Center for Teaching Social Responsibility, $220,000 Morningside Retirement and Health Services, $28,040 The Moth, $30,000 Mount Sinai Health System, $74,770 Mount Sinai Hospital, $298,840 Movement for Justice in El Barrio, $60,000 Mozilla Foundation (Calif.), $413,000 Ms. Foundation for Women, $36,100 Muhlenberg College (Pa.), $35,000 Multiple Sclerosis Center of New York, $110,000 Multiple Sclerosis Resources of Central New York, $30,000 Municipal Art Society of New York, $36,250 Muscular Dystrophy Association, $31,000 Museum of American Finance, $42,800 Museum of the City of New York, $51,530 Museum of Modern Art, $227,750 Music Associates of Aspen (Colo.), $46,881 Music Institute of Chicago (Ill.), $35,000 My Blind Spot, $60,000 Myotonic Dystophy Foundation (Calif.), $35,000 Mystic Seaport Museum (Conn.), $63,000

N

NAACP Legal Defense and Educational Fund, $50,350 Nantucket Safe Harbor for Animals (Mass.), $33,000 NARAL Pro-Choice America Foundation (D.C.), $35,750 National Academy of Sciences (D.C.), $225,000 National Advocates for Pregnant Women, $35,500 National Association of Community Health Centers (Md.), $50,000 National Audubon Society, $253,570 National Center for Access to Justice, $75,500 National Council for Behavioral Health (D.C.), $50,000 National Dance Institute, $45,230 National Economic and Social Rights Initiative, $75,000 National Immigration Law Center (Calif.), $96,000 National Medical Fellowships, $65,000 National Multiple Sclerosis Society, $58,730 National Queer Asian Pacific Islander Alliance, $48,000 National Trust for Historic Preservation (D.C.), $31,750 National Wildlife Federation (Va.), $102,000 Natural Areas Conservancy, $120,000 Natural Resources Defense Council, $131,588 Nature Conservancy (Va.), $95,250 Nature Conservancy New York, Long Island Chapter, $158,500 Naumburg Orchestral Concerts, $45,070 Walter W. Naumburg Foundation, $59,330 Nazareth College of Rochester, $50,000 Neighborhood Housing Services of New York City, $100,000 Neighborhood Housing Services of Brooklyn CDC, $65,000 Neighborhood Housing Services of Staten Island, $85,000 Neighborhoods First Fund for Community Based Planning, $100,000

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Neighbors Link, $65,750 Netherland-America Foundation, $121,000 New Alternatives for Children, $166,250 New Canaan Country School (Conn.), $33,705 New Destiny Housing Corporation, $60,250 New Energy Foundation (N.H.), $100,000 New Haven Symphony Orchestra (Conn.), $65,000 New Heights Youth, $92,500 New Israel Fund (D.C.), $43,750 New Press, $35,000 The New School, $248,500 New Venture Fund (D.C.), $217,950 New Visions for Public Schools, $5,520,750 New York Appleseed, $125,000 New York Botanical Garden, $912,512 New York City Arts Coalition, $100,000 New York City Audubon Society, $45,500 New York City Ballet, $50,820 New York City Center, $45,000 New York City Energy Efficiency Corporation, $100,000 New York City Environmental Justice Alliance, $100,000 New York City Mission Society, $60,620 New York City New Sanctuary Coalition, $40,000 New York City Opera, $79,920 New York Civil Liberties Union Foundation, $50,400 New York Common Pantry, $32,000 New York Communities for Change, $37,500 New York Foundation for the Arts, $45,000 New York Genome Center, $375,000 New York Gilbert & Sullivan Players, $28,800 New York Hall of Science, $59,000 New-York Historical Society, $177,000 New York Housing Conference, $60,000 New York Immigration Coalition, $782,250 New York Landmarks Conservancy, $43,750 New York Legal Assistance Group, $177,000 New York Live Arts, $35,000 New York Medical College, $320,345 New York On Tech, $125,000 New York Open Center, $225,000 New York Philharmonic, $48,015 New York Presbyterian Fund, $35,000 NewYork-Presbyterian Hospital, $536,330 New York Psychoanalytic Society & Institute, $30,000 New York Public Library, Astor, Lenox, and Tilden Foundations, $209,970 New York Public Radio, $1,223,300 New York Restoration Project, $55,000 New York State Network for Youth Success, $125,000

New York State Tenants & Neighbors Information Service, $60,000 New York Times Neediest Cases Fund, $33,550 New York University, $91,730 New York University Furman Center for Real Estate and Urban Policy, $50,000 New York University Hospitals Center, $176,500 New York University School of Medicine, $1,713,840 New York University Steinhardt School, $205,244 New York University Tandon School of Engineering, $112,500 New York Women’s Foundation, $54,500 New Yorkers for Children, $409,420 Newark Museum Association (N.J.), $42,000 Newport Hospital Foundation (R.I.), $51,000 Newport Performing Arts Center (R.I.), $65,000 Nightingale-Bamford School, $68,000 Niskanen Center (D.C.), $100,000 Nonprofit Coordinating Committee of New York, $209,750 North Star Fund, $25,500 Northeastern University (Mass.), $35,540 Northern Manhattan Improvement Corporation, $70,000 Northern Westchester Hospital Association, $27,500 Northside Center for Child Development, $158,300 Northwell Health Foundation, $10,009,500 Norton Museum of Art (Fla.), $344,340 NYC Coalition for Educational Justice, $175,000 NYC Health + Hospitals, $116,000 NYC LGBT Historic Sites Project, $100,000 NYC Service, $60,000

O

Obama Foundation (Ill.), $10,000,000 Oberlin College (Ohio), $27,000 Ocean Bay Community Development Corporation, $130,000 Oceana (D.C.), $51,000 Off the Street Club (Ill.), $60,000 Ohel Children’s Home and Family Services, $86,000 Ohio State University Foundation, $52,500 OLA of Eastern Long Island, $65,000 Old Westbury Gardens, $40,000 Opera Orchestra of New York, $35,000 Orange County Community Foundation (Calif.), $225,000 Oregon Community Foundation, $125,000 Ossining Union Free School District, $30,000 Our Children’s Trust (Ore.), $30,000 Oxfam America (Mass.), $152,300

P

Pace University, $87,420 Paley Center for Media, $70,000 Para la Naturaleza (P.R.), $400,000 Park Avenue Armory, $32,500 Parrish Art Museum, $141,950

PERFECTING GRANTMAKING: Based on feedback from nonprofits interviewed for a report by the Center for Effective Philanthropy, one of our program directors Irfan Hasan (far right) ranked among the best grantmakers in the country.

SOUND THINKING: Our Program Associate Michele Kumi Baer spoke at a press conference announcing the results of a survey of water quality and biodiversity in Long Island Sound. There, she was interviewed for New Tang Dynasty Television, a Chinese-language television station.

Partnership for Inner-City Education, $507,000 Partnership for Public Service (D.C.), $100,000 Passionist Fathers, $53,500 Peace First (Mass.), $50,000 Peer Health Exchange (Calif.), $51,000 PEN America, $175,500 Pencil, $92,000 Pennsylvania State University, $25,352 People for the American Way Foundation (D.C.), $35,100 Per Scholas, $130,000 Phi Beta Kappa Society (D.C.), $25,620 Philadelphia Foundation (Pa.), $150,000 Philanthropy New York, $39,250 Phillips Academy (Mass.), $60,500 Phillips Exeter Academy (N.H.), $33,000 Pine Creek Valley Watershed Association (Pa.), $75,000 Planned Parenthood Federation of America, $522,369 Planned Parenthood of Greater Northern New Jersey, $111,000 Planned Parenthood of Greater Texas, $40,000 Planned Parenthood Hudson Peconic, $40,500 Planned Parenthood League of Massachusetts, $35,500 Planned Parenthood of Nassau County, $75,250 Planned Parenthood of New York City, $286,350 Planned Parenthood of Southern New England (Conn.), $419,500 Playwrights Horizons, $179,250 Noel Pointer Foundation, $100,000 Police Athletic League, $38,500 Pomfret School (Conn.), $51,000 Population Council, $45,499 Miss Porter’s School (Conn.), $35,500 PowerMyLearning, $86,300 Pratham USA (Tex.), $30,000 Pregones/Puerto Rican Traveling Theater, $140,000 Prep for Prep, $199,720 Presbyterian Church USA Foundation (Ind.), $44,710 Presbytery of New York City, $29,810 Prevent Child Abuse New York, $50,000 Primary Stages Company, $41,000 Princeton University (N.J.), $153,020 Pro Bono Partnership, $55,250 Professional Healthcare Institute (Pa.), $75,000 Project Horseshoe Farm (Ala.), $95,600 Project Morry, $50,000 Project ORBIS International, $106,530 Prospect Park Alliance, $28,340 Providence Center (R.I.), $50,000 Providence St. Mel School (Ill.), $50,000 Public Health Solutions, $202,000

Public Preparatory Network, $512,000 Public Theater, $637,100 Putnam Hospital Center, $43,670 Putney School (Vt.), $43,500

Q

Quality Services for the Autism Community, $170,350 Queens College Foundation, $26,000 Queens Community House, $40,000 Queens Connect, $100,000 Queens County Farm Museum, $69,000 Queens Legal Services, $60,000 Queens Museum, $101,000 Queens University of Charlotte (N.C.), $71,350

R

Rabbi Jacob Joseph School, $208,000 Rainforest Alliance, $41,500 Randall’s Island Park Alliance, $60,250 Re-Amp Network (Mich.), $125,000 Reclaiming Appalachia Coalition (Ky.), $110,000 Red Hook Initiative, $103,500 Redemption Center, $30,000 Redford Center (Calif.), $497,500 Reformed Church of Bronxville, $38,000 Regional Plan Association, $95,000 Rensselaer Polytechnic Institute (Mass.), $25,500 Repertorio Espanol, $157,500 Repowering Rural Cooperatives Partnership (D.C.), $150,000 Resources for the Future (D.C.), $107,500 Restaurant Opportunities Centers United, $120,000 Restore NYC, $68,312 Rhodes College (Tenn.), $71,350 Riverkeeper, $42,250 ROADS Charter High Schools, $141,221 Robin Hood Foundation, $1,226,250 Rockaway Waterfront Alliance, $150,000 Rockaway Youth Task Force, $73,000 Rockefeller University, $1,195,750 Room to Read (Calif.), $71,000 Rose Community Foundation (Colo.), $100,000 Roulette Intermedium, $165,000 Row New York, $68,500 Royal Society of Medicine Foundation (Tex.), $50,000 RSHM Life Center, $40,250 Russell Sage College, $154,246 Rutgers, The State University of New Jersey, $52,000 Rutgers University Foundation (N.J.), $183,000 Rye Country Day School, $70,500

S

Safe Center LI, $64,500 Sag Harbor Partnership, $155,000 St. Andrew’s Presbyterian College (N.C.), $71,350 St. Athanasius Roman Catholic Church, $100,000 St. Christopher’s, $29,740 St. Dominic Church, $50,000 St. Francis Hospital, $50,000 St. Jean Baptiste Church, $100,000 St. Jean Baptiste High School, $51,000 St. Joseph’s College New York, $40,000 St. Jude Children’s Research Hospital (Tenn.), $134,600 St. Lawrence University, $136,500 St. Mary’s Foundation for Children, $675,000 St. Peter’s Prep (N.J.), $50,000 St. Stephen’s School, $37,500 HeartShare St. Vincent’s Services, $105,807 Salvation Army (Conn.), $41,620 Salvation Army of Greater New York, $200,205 Sanctuary for Families, $27,000 Sandy Hook Promise (Conn.), $25,250 Sankara Eye Foundation (Calif.), $51,000 Sarah Lawrence College, $197,000 Save an Angel (La.), $45,000 Save the Children Federation (Conn.), $46,450 Scenic Hudson, $59,300 Scholarship Plus, $301,000 Scholarship & Welfare Funds of the Alumni Association of Hunter College, $40,000 Schuyler Center for Analysis and Advocacy, $232,100 ScriptEd, $120,000 SculptureCenter, $30,000 Seacamp Association (Fla.), $34,500 SeaChange Capital Partners, $40,000 Seamen’s Church Institute of New York and New Jersey, $136,000 Search and Care, $26,250 Seattle Foundation (Wash.), $180,000 Seatuck Environmental Association, $153,000 Second Wind Thoroughbred Project (Fla.), $82,000 Seedco, $150,000 Selfhelp Community Services, $25,250 SEPA Mujer, $30,700 Service Program for Older People, $75,000 Services and Advocacy for GLBT Elders, $81,300 Sesame Workshop, $300,500 The Shed, $100,000 Sheltering Arms Children and Family Services, $111,650 Shining Hope for Communities, $37,500 Sierra Club Foundation (Calif.), $321,250 Sing Sing Prison Museum, $40,000 Skidmore College, $68,775 Smack Mellon Studios, $90,000 Smith College (Mass.), $559,000 Smithtown Historical Society, $27,900 Social Science Research Council, $144,333 Socrates Sculpture Park, $150,000 SoundWaters (Conn.), $25,250 South Bronx Educational Foundation, $75,000 South Bronx United, $70,000 South Street Seaport Museum, $50,020 Southampton Hospital Foundation, $38,750 Southern Education Foundation (Ga.), $175,000 Southern Poverty Law Center (Ala.), $170,302 Southwestern Vermont Health Care, $50,000 Sponsors for Educational Opportunity, $375,000 Sports and Arts in Schools Foundation, $198,335 Springboard Collaborative (Pa.), $50,000 Stanford University (Calif.), $196,889 Stanley M. Isaacs Neighborhood Center, $114,250 Star Kids Scholarship Program (R.I.), $30,000 State University of New York, College of Technology at Delhi, $27,500 State University of New York, Research Foundation, $135,000 State University of New York, State College of Optometry, $200,000

ANNUAL REPORT

63

FUNDS ININ2016 GRANTS 2017 Staten Island Arts, $300,000 Staten Island Community Job Center, $40,000 Stevens Institute of Technology (N.J.), $113,500 Stony Brook Foundation, $50,500 Stony Brook-Millstone Watershed Association (N.J.), $45,348 STREB, $61,000 STRIVE, $126,250 Student Success Network - NYC, $100,000 Studio Museum in Harlem, $1,830,500 Studio in a School Association, $77,500 Summer Search (Calif.), $73,560 Sunnyside Community Services, $95,000 Support Center for Nonprofit Management, $50,500 Surprise Lake Camp, $100,250 Sylvia Rivera Law Project, $70,000 Symphony Space, $42,750

T

Taft Institute for Government, $46,800 Teach for America (Calif.), $260,000 Team Rubicon (Calif.), $101,000 Tenacity (Mass.), $35,000 Tenants Together (Calif.), $100,000 Tennessee Immigrant and Refugee Rights Coalition, $120,000 Texas Access to Justice Foundation, $550,000 Texas Organizing Project Education Fund, $36,000 Theatre of the Oppressed NYC, $30,000 Third Street Music School Settlement, $185,000 350.org, $28,750 Tides Center (Calif.), $380,000 Time in Children’s Arts Initiative, $135,000 Tobin Project (Mass.), $50,000 Townsend Harris Alumni Association, $40,000 Transcend, $100,000 Trevor Day School, $30,000 Trey Whitfield School, $140,000 Tribeca Film Institute, $31,000 Trident Swim Foundation, $50,000 Trinity Episcopal School Corporation, $36,000 Trinity Repertory Company (R.I.), $30,750 Tri-State Transportation Campaign, $100,000 Trust for Public Land (Calif.), $76,750

U

UJA-Federation of Jewish Philanthropies of New York, $298,735 Union College, $105,750 Union of Concerned Scientists (Mass.), $27,250 Union Settlement Association, $357,250 Unitarian Church of All Souls, $41,000 United Community Centers, $80,000 United Hospital Fund of New York, $225,150 United Methodist Women, $44,000 United Neighborhood Houses of New York, $86,116 United States Fund for UNICEF, $302,596 United States Holocaust Memorial Council (D.C.), $32,750 United Veterans Beacon House, $30,500 United Way of New York City, $137,750

ANNUAL REPORT FOR 2017 Published in May 2018

64

United Way of Westchester and Putnam, $27,110 University of Connecticut, $48,500 University of Connecticut Foundation, $245,000 University of Hawaii Foundation, $27,500 University of Miami (Fla.), $79,500 University of Michigan, $30,000 University of Nebraska Foundation, $50,250 University of North Dakota Foundation, $121,260 University of Pennsylvania, $97,000 University of Pittsburgh (Pa.), $80,000 University Settlement Society of New York, $68,000 University of the State of New York Regents Research Fund, $351,500 University of Texas, $305,482 University of Virginia, $42,000 University of Washington, $183,553 Upwardly Global, $100,000 Urban Dove, $35,000 Urban Green Council, $60,000 Urban Health Plan, $200,000 Urban Homesteading Assistance Board (U-HAB), $71,000 Urban Land Institute (D.C.), $60,000 Urban League of Long Island, $30,000 U.S. Association for the UN High Commissioner for Refugees (D.C.), $27,100 Usdan Center for the Creative and Performing Arts, $29,150

V

Vancouver Foundation (B.C.), $75,000 Vassar College, $53,557 Vera Institute of Justice, $925,500 Vermont Land Trust, $126,132 Veterinarians for Puerto Rico, $100,000 Viscardi Center, $1,020,000 Visiting Nurse Service of New York Home Care, $27,550 Vita Sports Partners, $65,000 Volunteer New York!, $26,750

W

Washington Jesuit Academy (D.C.), $50,000 Washington School for Girls (D.C.), $50,000 Waterfront Alliance, $100,000 Wave Hill, $174,441 Samuel Waxman Cancer Research Foundation, $500,000 WE ACT for Environmental Justice, $250,000 Weill Cornell Medicine, $407,450 Wellesley College (Mass.), $27,380 Wellness Foundation, $27,000 Wesleyan University (Conn.), $116,250 Westchester Children’s Association, $56,290 Westchester Community College Foundation, $317,750 Westchester Community College SUNY, $44,282 Westchester Jewish Community Services, $104,390 Westhab, $76,250 Weston Playhouse Theatre Company (Vt.), $50,000 WGBH Educational Foundation (Mass.), $156,500

Writer/Editor: David L. Marcus Writer/Project Manager: Amy L. Wolf Creative Consultant: Sean Kelly Design: Van Gennep Design Writer/Researcher: Dean Woodhouse-Weil Proofreading: Liane Guenther Printing: Rasco Graphics

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White Plains Hospital Center, $53,150 Simon Wiesenthal Center (Calif.), $41,340 WildAid, (Calif.), $40,000 Wildlife Conservation Network (Calif.), $68,500 Wildlife Conservation Society, $327,417 Williams College (Mass.), $78,725 Warren Wilson College (N.C.), $71,350 Windward School, $62,500 Witness, $30,000 WNET, $188,180 Wolf School (R.I.), $75,000 Women Donors Network (Calif.), $55,000 Women for Afghan Women, $55,000 Women Make Movies, $45,000 Women’s Cancer Resource Center (Calif.), $600,000 Women’s Housing and Economic Development Corporation, $52,000 Woodlawn Conservancy, $75,000 Workforce Development Corporation, $1,144,000 Workforce Professionals Training Institute, $435,000 World Jewish Congress, $38,080 World Wildlife Fund (D.C.), $71,950 Wounded Warriors Family Support (Neb.), $30,000

Y

Yale University (Conn.), $15,766,235 Yellowstone to Yukon Conservation Initiative (Mont.), $100,000 Yeshivat He’Atid (N.J.), $50,000 YMCA of Central and Northern Westchester, $27,000 YMCA of Greater New York, $265,210 YMCA of Long Island, $167,000 YMCA of New Canaan (Conn.), $50,000 Yonkers Partners in Education, $181,800 Young Women’s Leadership Network, $77,000 Youth Action YouthBuild East Harlem, $33,000 Youth Environmental Services, $30,000 Youth Shelter Program of Westchester, $30,000 YWCA of Brooklyn, $253,370 YWCA of Metropolitan Chicago (Ill.), $58,000

GRANTS TOTAL Grants under $25,000:

$ 22,571,415

Grants listed:

$ 201,643,126

TOTAL:

$ 224,214,541

PHOTOS: Most of the photographs of our board members and staff were taken by Ari Mintz, who also photographed our special report on the waterfront.

Other photos are courtesy of grantees, unless noted.

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