FUND FOR THE CITY OF NEW YORK INC Charity Report

Public IRS 990 nonprofit record

FUND FOR THE CITY OF NEW YORK INC

EIN 13-2612524 · Philanthropy, Voluntarism & Grantmaking Foundations (T310)

What they do

THE FUND for THE CITY of NEW YORK WAS CREATED IN 1968 BY THE FORD FOUNDATION to BE RESPONSIVE to OPPORTUNITIES to IMPROVE THE QUALITY of LIFE BY WORKING to IMPROVE THE PERFORMANCE of GOVERNMENT and NONPROFIT ORGANIZATIONS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $97.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders35 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

90.54%of revenue went to mission work97.6% of expenses · Program services

0.50%of revenue went to fundraising0.5% of expenses

$80.33spent for every $100 of revenueRevenue covered expenses this year.

1.75%of revenue went to management and office costs1.9% of expenses

$3.34in assets for every $1 spent this yearSome assets cannot be spent right away.

58.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $413,664 for LISETTE NIEVES (BOARD MEMBER/PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$66,957,202

Mission workProgram services$60,620,32890.54% of revenue97.6% of expenses

ManagementOffice and general costs$1,168,8041.75% of revenue1.9% of expenses

FundraisingAsking for donations$333,8480.50% of revenue0.5% of expenses

Revenue left after expensesReported annual surplus$4,834,2227.22% of revenueShown in gray on the chart

Total expenses$62,122,98092.78% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 97.6% mission · 1.9% management · 0.5% fundraisingTotal expenses: 92.78% of revenue

2022Expense mix: 97.7% mission · 1.8% management · 0.5% fundraisingTotal expenses: 94.97% of revenue

2021Expense mix: 99.0% mission · 0.9% management · 0.2% fundraisingTotal expenses: 112.29% of revenue

2020Expense mix: 99.1% mission · 0.8% management · 0.1% fundraisingTotal expenses: 94.03% of revenue

2019Expense mix: 98.7% mission · 1.1% management · 0.2% fundraisingTotal expenses: 87.75% of revenue

2018Expense mix: 98.2% mission · 1.6% management · 0.1% fundraisingTotal expenses: 94.22% of revenue

2017Expense mix: 98.4% mission · 1.4% management · 0.2% fundraisingTotal expenses: 90.58% of revenue

2016Expense mix: 98.7% mission · 1.2% management · 0.2% fundraisingTotal expenses: 96.61% of revenue

Money in and money out

Revenue$77,331,393

Expenses$62,122,980

Annual surplus $15,208,413 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$60,620,328 · 97.6% of expenses

Management and office costs$1,168,804 · 1.9% of expenses

Fundraising$333,848 · 0.5% of expenses

See all reported dollar amounts

Revenue$77,331,393

Expenses$62,122,980

Assets$207,648,900

Income$77,331,393

Contributions$45,536,069

Mission work (program services)$60,620,328

Fundraising$333,848

Grants given$26,347,042

Average grant$81,570

Management and general$1,168,804

Executive compensation (total)$3,469,095

Accounting fees$349,742

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LISETTE NIEVESBOARD MEMBER/PRESIDENT · 30 hrs/week $413,664Base $356,926 · Other $56,738

FRED DEJOHNCHIEF FINANCIAL OFFICER · 35 hrs/week $371,313Base $314,996 · Other $56,317

ALDRIN BONILLAEXECUTIVE VICE PRESIDENT · 30 hrs/week $313,942Base $275,225 · Other $38,717

BENJAMIN GARCIAEXECUTIVE DIRECTOR · 35 hrs/week $289,380Base $239,581 · Other $49,799

COLEEN STEVENS PORCHEREXECUTIVE DIRECTOR · 35 hrs/week $284,712Base $239,997 · Other $44,715

BLAKE RATNEREXECUTIVE DIRECTOR · 35 hrs/week $271,740Base $214,563 · Other $57,177

JILL E BORREROCHIEF OPERATING OFFICER · 30 hrs/week $261,158Base $229,584 · Other $31,574

ELINA ALAYEVADIRECTOR · 35 hrs/week $260,195Base $204,998 · Other $55,197

MIRIAM FELDBLUMEXECUTIVE DIRECTOR · 35 hrs/week $252,367Base $206,864 · Other $45,503

JEFFREY SUDMYERDIRECTOR · 35 hrs/week $249,484Base $196,498 · Other $52,986

TERESA CARTAEXECUTIVE DIRECTOR · 35 hrs/week $243,198Base $199,998 · Other $43,200

JAMES RYANEXECUTIVE DIRECTOR · 35 hrs/week $240,987Base $208,548 · Other $32,439

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (35)

LISETTE NIEVESBOARD MEMBER/PRESIDENT

FRED DEJOHNCHIEF FINANCIAL OFFICER

ALDRIN BONILLAEXECUTIVE VICE PRESIDENT

BENJAMIN GARCIAEXECUTIVE DIRECTOR

COLEEN STEVENS PORCHEREXECUTIVE DIRECTOR

BLAKE RATNEREXECUTIVE DIRECTOR

JILL E BORREROCHIEF OPERATING OFFICER

ELINA ALAYEVADIRECTOR

MIRIAM FELDBLUMEXECUTIVE DIRECTOR

JEFFREY SUDMYERDIRECTOR

TERESA CARTAEXECUTIVE DIRECTOR

JAMES RYANEXECUTIVE DIRECTOR

GRACE RAUHEXECUTIVE DIRECTOR

KAI FEDERCHIEF OPERATING OFFICER

LOLA SIMPSONCHIEF EXECUTIVE OFFICER

APRIL MCKOYSENIOR DIRECTOR

GREGORY MORRISCHIEF EXECUTIVE OFFICER

PATRICIA MOLESPROGRAM DIRECTOR

DAVID COLECHIEF OPERATING OFFICER

ZENAIDA RODRIGUEZEXECUTIVE DIRECTOR

JOHN KONARSKICHIEF EXECUTIVE OFFICER

STEFANIE BLOUINSENIOR DIRECTOR

JENIN SABBAHEXECUTIVE DIRECTOR

SARA NADELCHIEF EXECUTIVE OFFICER

JUANA ROSARIOCOMPTROLLER

MIZUE AIZEKIEXECUTIVE DIRECTOR

ANDREW WALRONDVICE PRESIDENT OF LOAN PROGRAM

ZACHARY KATZNELSONEXECUTIVE DIRECTOR

JOMYSHA DELGADO STEPHENBOARD MEMBER

LINDA LAUSELL BRYANTSECRETARY (AS OF 6/24)

MICHAEL ARADCHAIR

GEORGIA BOOTHETREASURER

ESTER FUCHSVICE CHAIR

ROBERT TIERNEYBOARD MEMBER

DANA BUCHMANSECRETARY (THROUGH 6/24)

About this charity

Recognized since: January 1982
Location: 121 SIXTH AVENUE 6TH FLOOR, NEW YORK, NY 10013-1510
County: New York
In care of: LISETTE NIEVES
Primary officer: LISETTE NIEVES, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(212) 925-6675

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Philanthropy, Voluntarism & Grantmaking Foundations (T310)
IRS tax category: Grantmaking Foundations
Grant-giving organization: Yes