2015 New York Community Trust Annual Report

Making New York a Masterpiece 2015

A NNU A L

R E P O R T

FEED THE HUNGRY • TRAIN TEENS FOR JOBS • GROW URBAN FARMS • SAVE AFFORDABLE HOUSING • MENTOR YOUNG ARTISTS • ALERT HOMEOWNERS TO LOAN SCAMS PREVENT EVICTIONS • REDESIGN HOMELESS SHELTERS • INVIGORATE PUBLIC SPACES FUND MEDICAL RESEARCH • EXPAND ARTS AUDIENCES • CLEAN OUR AIR AND WATER

Welcome.

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

Together, we’re solving problems and changing lives.

NURTURE CANCER PATIENTS • PROVIDE LEGAL AID TO IMMIGRANTS • HELP CHILDREN WITH DISABILITIES • PROMOTE LOCAL PRODUCE • EXPAND ARTS AUDIENCES TAKE

CARE

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SERVICE

OPEN

OPPORTUNITIES

ANIMALS

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THE

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BLIND

ADVOCATE •

FOR

BETTER

SCHOOLS

INCREASE ENERGY EFFICIENCY

COORDINATE HEALTH CARE • CULTIVATE NONPROFIT LEADERS • AID DOMESTIC VIOLENCE VICTIMS • CONNECT LOW-INCOME STUDENTS TO PAID INTERNSHIPS PROTECT HABITATS FOR WILDLIFE MIGRATION • PROMOTE ELECTRIC VEHICLES BOOST EARLY READING SKILLS • CURB CLIMATE CHANGE • REDUCE USE OF TOXIC CHEMICALS

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FORTIFY

NONPROFIT

GROUPS

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PROTECT

OPEN

SPACE

To continue to support the causes you care about and to create additional funds, contact Bob Edgar at (212) 686-2564 or rve@nyct-cfi.org

This issue’s special focus on 25 years of FELLOWSHIPS FOR ARTISTS, along with stories about our other work, celebrates the ways donors, lawyers, and financial advisors join our staff in making charitable visions come alive.

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SNAPSHOT FROM THE CHAIR AND PRESIDENT THE ART OF GIVING LEGACIES AT WORK BECOME A DONOR FOR ATTORNEYS AND FINANCIAL ADVISORS MEET OUR BOARD MAKING DREAMS COME TRUE SUBURBAN DIVISIONS: LONG ISLAND AND WESTCHESTER FINANCIALS 2015 FUNDS IN 2015 GRANTS IN 2015

SNAPSHOT

2015: The City Where For more than nine decades, The New York Community Trust has helped generous residents support the causes they care about through charitable funds. Donors come to The Trust for the most effective way to give back to their community by making the City and suburbs better.

To make sure students have fuel to learn, we backed a successful campaign to bring free lunches to the City’s public middle schools.

Now, we’re pushing for free lunches in elementary and high schools.

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To read more about our work, go to nycommunitytrust.org.

In the fall of 2016, we’ll add a map showing communities that received our competitive grants, totaling $40 million in 2015.

DRUG TREATMENT

In Staten Island, the borough with the worst heroin addiction problem, we’re making sure those in treatment also get help with mental health, housing, and child care.

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ENDING HUNGER

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We are New York’s community foundation.

JOB TRAINING

Businesses in the Brooklyn Navy Yard are hiring local residents, including those from nearby public housing, thanks to training and placement we’re funding.

Giving Never Sleeps

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With our support, Planned Parenthood opened its first clinic in Queens, where inadequate access to primary care leaves many women without family planning services.

We brought together family foundations, nonprofits, and others to aid thousands of unaccompanied, and often traumatized, immigrant children across Long Island.

We’re matching Bronx artists with affordable places to live, rehearse, and produce art, while providing new ways to share their work.

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t WOMEN’S HEALTH

SPACE FOR ARTISTS

EDUCATION

From Yonkers to Peekskill, we’re helping hundreds of Westchester teens prepare for college while others train for careers that don’t require degrees.

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FROM THE CHAIR AND PRESIDENT

From the Arts to the Air We Breathe: Putting Our Donors’ Wishes to Work

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Valerie S. Peltier, chair

he New York Community Trust is an extraordinary foundation with nine decades of experience in bringing about change. We address complicated, persistent problems, often joining with other foundations—including such American icons as MacArthur, Carnegie, Ford, and Rockefeller.

But we are different; we are a community foundation, focused on America’s largest city and its suburbs. We weave together gifts from a vast, eclectic group of individual donors, some living and some long gone. Our expert staff finds the best nonprofit groups to realize donors’ charitable visions.

We have been perfecting this approach since 1924, when Rosebel Schiff gave $1,000 to fund a prize at P.S. 9 for a girl who “earned the highest respect of her teachers.”

FIELD TRIP: Our board member Roger Maldonado (second from left) and senior program officer Natasha Lifton (in sunglasses) tour the Bronx River with a participant in Rocking the Boat, a youth development group we’ve been supporting.

Based in the South Bronx, it engages teens in building wooden boats, rowing, sailing and restoring the river. .

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We soon attracted the attention of others who loved New York. In 1928, John D. Rockefeller, Jr. gave The Trust $2.5 million to establish a fund in his mother’s memory. He not only wanted to make life better for those who were struggling, he also wanted to support the idea of neighbors coming together to solve problems through a community foundation.

Many of The Trust’s donors are New Yorkers whose names you do not know, but who cared intensely about our City. One of our newest is Jane Kitselman, who died in 2015 at age 87. A gifted sculptor and cellist, she championed talented musicians, sometimes accompanying them on tour. Ms. Kitselman left us a permanent bequest to support small and emerging chamber music groups in New York (see page 26).

who could not afford training. We created The New York Community Trust Van Lier Fellowships, and 25 years later, thousands of musicians, dancers, playwrights, painters, and photographers have received muchneeded support. They have gone on to win a MacArthur “genius grant,” a Pulitzer Prize, and other honors. We are proud of this unique program (see following chapter).

How does this relate to you? If you have a donor-advised fund, we hope you will join The Trust in some of our grantmaking or leave something behind when you are no longer advising. And if you have just found The Trust, contact us about your charitable passions and see how you can support our important work. Join John Rockefeller, Jane Kitselman, and the Weckers in making New York better—forever. n

Lorie A. Slutsky, president

Photo by David L. Marcus/The Trust

Another bequest in 2015 came from Rita and Stanley Wecker, avid conservationists and birdwatchers, who left the bulk of their estate to our Westchester division to safeguard the environment. “I’m certain Rita carefully did research before selecting the Westchester Community Foundation as the primary beneficiary of their estate,” says her niece Mindy Stern, a lawyer in Manhattan.

We are excited about putting our donors’ wishes to work. Our talented program staff will determine the most deserving chamber music groups, or those doing cutting-edge environmental work.

Our craft requires creativity and local knowledge. Edward and Sally Van Lier wanted to help young artists; Ms. Van Lier requested we support young people

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MOMA MOMENT: Artist Xaviera Simmons, 41, credits some recent successes to the “huge impact” of The New York Community Trust Van Lier Fellowship. Here she’s shown in March, 2016, with her acrylic-on-wood painting, “The Gold Miner’s Mission,” at the Museum of Modern Art’s Modern Window on 53rd Street.

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Neither the male nor the “ female gender box defines me.

I merged my two looks into

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something I call ‘tomgirl.’

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Following a couple’s wishes, The New York Community Trust created a unique fellowship for artists—and 25 years later, their successes enrich our world.

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aviera Simmons has had an unusual life, even for someone who creates sculpture, photography, video, sound, and live performances for a living.

In her early twenties, she spent two years walking with Buddhist monks across the eastern United States, the Caribbean, and western Africa to visit key sites in the transAtlantic slave trade.

Simmons’ career is testament to hard work and great timing. In 2012, just when she pined to try new painting techniques, she received an Edward and Sally Van Lier Fellowship created by The New York Community Trust. That paid for a year in the Studio Museum of Harlem’s prestigious artist-in-residence program.

“I had a chance to focus on my art, travel to museums, and grow as a thinker,” Simmons says. Since then, the U.S. State Department and the Bronx Museum of Art chose her as a creative ambassador to travel to Sri Lanka. Most recently, the Museum of Modern Art commissioned a 20-foot-wide painting for the front window of its midtown

building. Standing by it on a recent evening, she accepted accolades from artists, tourists, and even a waiter from the museum’s restaurant.

That’s typical of the success of many recipients of Van Lier Fellowships, which The Trust started in 1991 to help emerging artists. Since then, $17 million has been awarded for fellowships through 100 arts training groups, ranging from well-known institutions such as Manhattan’s Alvin Ailey American Dance Theater to smaller groups such as the Ghetto Film School in the Bronx.

So far, about 2,000 artists have been Van Lier fellows. Their work has appeared from Broadway to Berlin. One received a MacArthur “genius grant,” another won a Pulitzer Prize, and a third was a Pulitzer finalist. Many now mentor a new generation of artists.

In 2015, as the fellowship neared its 25th anniversary, a consultant interviewed former fellows and the nonprofit groups that hosted them. Participants agreed the fellowships gave them three crucial resources to establish careers: time, money, and training.

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“Receiving the Van Lier Fellowship changed my life,” said Darius Jones, a jazz composer and saxophone player who has traveled widely since being a fellow. “I felt emboldened to experiment and become the artist I am today.”

Ask Kyra Brickhouse about her fellowship at Rosie’s Theater Kids, an arts group started by comedian Rosie O’Donnell: “I would not have been able to accomplish what I’ve accomplished or stay afloat at high school,” says Brickhouse, who went on to the LaGuardia High School of Music, Art, and Performing Arts.

All this thanks to an arts-loving couple—a real estate developer and a performer who appeared in the Ziegfeld Follies. And thanks to The Trust’s determination to follow their wishes.

Edward and Sally Van Lier enjoyed taking younger friends to museums and concerts.

Sally set up a fund to train “gifted young persons who aspire to a career

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dward and Sally Van Lier often recalled the early days of their marriage, soon after the Depression, when they lived in a fifth-floor walk-up in Manhattan. The Van Liers delighted in introducing young visitors to performances and art exhibitions. After Edward’s death in 1978, Sally told The Trust she wanted to set up a fund to help talented, aspiring artists, especially those with very little money.

The Trust’s program staff asked experts how to use the money most effectively. The consensus: Artists need financial assistance, mentoring, and other help at two critical junctures—before they go to a conservatory, and when they’re trying to launch careers.

These days, it seems the fellows are everywhere. During the 2016 inauguration of the Metropolitan Museum’s new building, the Met Breuer, visitors crowded around Vijay Iyer. He was named Musician of the Year by the Jazz Journalists Association, he won a MacArthur Fellowship, and he was appointed

GI VI NG an arts professor at Harvard. Before all that, he was a Van Lier Fellow.

The fellowship can make the difference between following a passion or giving up, and between staying in New York or moving away. “New York is increasingly tough for artists,” says Xaviera Simmons, “since none of us are gazillionaires.”

Playwright Kristoffer Diaz says he’s grateful for his fellowship: Not only did he get underwriting to do research and produce a work, but he also got a $10,000 stipend. “At 26 years old, $10,000 was a game changer for me—that almost doubled my salary.”

Kerry McCarthy, who oversees the program for The Trust, says the fellowships’ impact goes well beyond individual artists.

Nonprofit arts groups say by hosting Van Lier Fellows from different backgrounds, they are adding diversity to fields ranging from choreography to sculpture.

For example, Van Lier Fellows have infused Hispanic, Asian, and AfricanAmerican perspectives into New Dramatists, a highly regarded group that offers writing studios, rehearsal spaces, and mentoring for aspiring playwrights. Diaz was a fellow there 10 years ago, and that experience inspired him. A finalist for the 2010 Pulitzer Prize in drama, he returned to New Dramatists as a resident playwright.

Recent New Dramatist fellows include Jackie Sibblies Drury, whose Van Lier project turned into a play about racial issues that made its premiere in 2016. Another fellow, Charice Castro Smith, has broken into a male-dominated industry and is working on a project for ABC TV. This year at New Dramatists, the number of applications for Van Lier Fellowships rose from 10 to 50, Diaz says. “I can’t help thinking Mr. and Mrs. Van Lier must be beaming somewhere, gratified about what they created.” 

By David L. Marcus

in the arts.”

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The New York Community Trust hopes the Van Lier program will inspire donors to work with The Trust and its suburban divisions on creative ways to carry out their legacies. That’s what happened when Harold Valentine, a musician in Larchmont, wanted to support young artists as they made art and pursued careers.

In 2005, the Emily and Harold E. Valentine and Evelyn Gable Clark Scholarship Fund started at our Westchester Community Foundation. Valentine Fellows include musicians, sculptors, and visual artists. Some have earned national recognition. Filmmaker Tara Clune is now a fellow based at the Jacob Burns Film Center in Pleasantville.

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PER FORMA N C E

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Connecting to Mentors

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n his early 20s, Niegel Smith lacked contacts to make it in the theater.

Though he went to Dartmouth College, he’d spent his adolescence in Detroit—his father was a corrections officer and his mother worked at Walmart. During his Van Lier Fellowship at Manhattan’s Second Stage Theater, he reviewed scripts, developed projects, and worked as an assistant director. That led to a meeting with the legendary director and choreographer Bill T. Jones, who hired Smith as associate director of “Fela!” on Broadway. Recently, Smith, 36, was chosen from 110 applicants to be artistic director of The Flea, an edgy, off-off-Broadway theater that also hosts Van Lier Fellows.

Some of my “ most enduring relationships in this business are a direct result of the Van Lier

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Fellowship.

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Mastering New Moves

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he son of a construction worker and a teacher in Crown Heights, Jean-Daniel John had no interest in dance until he joined a middle school production, where he tried capoeira, a Brazilian martial art combining dance and acrobatics. He enrolled in Brooklyn’s Ifetayo Cultural Arts Academy and, at age 16, received a twoyear Van Lier Fellowship. “It exposed me to different dance techniques—classical, modern, contemporary, jazz—I couldn’t get enough,” says John, now 20. Soon he was performing at the famed Apollo Theater, and for Michelle Obama at the White House. He’s heading to Howard University’s dance program: “I’ll keep dancing until I can’t dance any longer.”

“ I learned discipline, focus, Dancing as a teenager,

multi-tasking, and I became PORTRAITS of the Van Lier Fellows

by Ari Mintz for The Trust

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better at academics.

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Hitting Higher Notes “I feel like I’m

As a composer,

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rowing up on the Lower East Side, Jessie Montgomery wanted to play classical music but couldn’t find many African-American role models.

After her parents divorced and finances got tight, a Van Lier Fellowship let Montgomery continue her studies at the Third Street Music Settlement. An inspiring teacher led Montgomery to revamp her playing style, and she went on to the Juilliard School. After graduation, she became a Van Lier Fellow again, with the American Composers Orchestra—a “true turning point,” because she started composing. She now performs around the world and finds herself a role model.

(A girl from Missouri wrote to say she was profiling a “living composer’’— 34-year-old Montgomery—for Black History Month in 2016.)

creating works that stand the test

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of time.

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LEGACIES AT WORK

THREE QUESTIONS | Patricia Jenny, VP, Grants

Perfecting the Art of Grantmaking We vetted 1,500 proposals from nonprofits last year and made more than 400 competitive grants totaling

In 1976, we were one of the first funders of Lincoln Center Education, now an artseducation powerhouse. We helped start the Nonprofit Finance Fund, which helps nonprofits better understand and manage their finances. That was in 1980, and it’s still assisting them. In 1996, we helped start the Center for Arts Education of New York City to help restore arts to schools after crippling budget cuts. In 2014, it helped win $23 million in additional funding, and that has translated to more art teachers in

Photo by John Lisbon

$40 million.

The Trust gave some of the first grants to plan Governors Island and the High Line. Where else have you provided early support?

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public schools. And in 2015, we supported a nonprofit with a vision for the QueensWay, which would transform a 3.5-mile stretch of derelict rail line into a linear park with walking and bike paths in a part of Queens that sorely needs green space. Those are just a sample.

How do you tackle issues that cross physical and program boundaries?

As challenges become more complex, we’re viewing problems more holistically. We have used our national environmental fund to protect 5,000 farms in the Hudson Valley, many of which are at risk of being sold for housing or shopping strips. We supported environmental groups to get the State to

commit $20 million to conserve that farmland.

Meanwhile, we’ve gotten creative in bringing regional produce to City neighborhoods. In the next three years, we’re spending $750,000 to help build five urban farms on New York City Housing Authority property (see below) while training residents for green jobs. And, as we see rapid growth in the specialty food manufacturing sector in Brooklyn and Queens, we’re connecting small businesses with workforce development groups. At the same time, our Westchester Community Foundation is supporting work to convert old corporate parks and other underused land into farms, and our Long Island Community Foundation helps groups provide the Island’s food pantries with fresh, local produce.

What’s the connection between donors’ wishes and your grantmaking?

Here’s an example: Years ago, one donor left a bequest to improve health and welfare. A second donor wanted to benefit Queens. A third cared about poor people with mental illness. As a community foundation, we are able to combine money from multiple funds, so in 2015 we helped a Flushing organization provide mental health counseling to Korean immigrants—a population with high rates of depression. This support is making a difference in that growing community, and we believe these three donors would like this creative grantmaking. In the following eight pages, our program officers describe other ways we’re putting donors’ gifts to work. n

CAREER ROOTS: With our support, Green City Force prepares young public housing residents for careers in urban agriculture, clean energy, and other fields. Here, a Green City Force Corps member harvests greens on a farm at the Red Hook West Houses in Brooklyn. Those who complete the program get a Segal AmeriCorps Education Award to continue their studies.

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CHILDREN, YOUTH & FAMILIES

Heroes photo by Ari Mintz for The Trust; hands-on photo by Jerome Dazzell; foster care photo by Matt Marquez/Photo Safe; shelter rendering by Curtis + Ginsberg Architects

HANDS-ON EDUCATION Employers want applicants with the right skills, and students need up-to-date courses and teachers with field experience.

With our help, New York City Partnership Foundation is trying to change outdated State policies and underfunding for technical education. We’re also funding Per Scholas and other workforce groups to train and place students in high-demand technology jobs. Right: A Per Scholas classroom in the Bronx.

TRAINING HEROES Emergency medical technicians require strong nerves and tough training—but not necessarily a college degree. That levels the field for many young men and women who aren’t going to college. To open the doors to these jobs, we’re helping FDNY Foundation improve its EMS Academy in Bayside, Queens, and improve training.

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Plenty of good jobs don’t require degrees, so we’re helping New

Yorkers get the training they need to work in health care and other

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growing fields.

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AFTER FOSTER CARE Every year, about a thousand 18to 21-year-olds in the City age out of foster care. Many have faced abuse, upheaval, and hunger.

Now they need assistance with college, careers, and housing.

With our funding, Graham Windham has expanded a program to work with these young people, their families, and counselors to identify goals, then create practical plans.

Left: K. (second from right), is preparing to go to college; she and her adoptive family celebrate completing the program.

A NEW SHELTER SYSTEM We supported a promising effort run by Gateway Housing to redesign homeless shelters. Our grant will improve five shelters and create long-term, affordable housing and community services. In 2015, Mayor Bill de Blasio embraced this approach.

(We made this grant using money from several donors who wanted to end homelessness and improve the well-being of New Yorkers.) Left: A rendering of one of the redesigned shelters.

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We’re helping girls achieve their goals and foster kids

transition into adulthood; we’re improving the shelter system so

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homeless families can find permanent homes.

NATASHA LIFTON

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ARTS, EDUCATION & HUMAN JUSTICE

Arts group photo by Dan Norman; LGBT photo courtesy of the estate of Fred W. McDarrah; de Blasio photo by Alamy

LGBT HISTORY Julius’ in Greenwich Village calls itself “New York’s oldest gay bar” and was the site of a 1966 “sip-in” (shown here). History tells us this protest helped make it possible for bars to “openly serve homosexuals.” With Trust support, the NYC LGBT Historic Sites Project is nominating places significant to gay, lesbian, bisexual, and transgender history to the National Register of Historic Places, and creating an online map and archives.

MIGHTY SMALL ARTS It’s tough for a small theater or dance group in New York— especially amid a change in leadership, location, or programming. In 2015, we helped 10 small and midsized arts groups during big transitions. Right: Ma-Yi Theatre presents a children’s fantasy, “The Wong Kids in the Secret of the Space Chupacabra GO!” (We used a fund created by Lila Acheson Wallace to help Ma-Yi navigate a leadership change.)

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Arts are the heartbeat of an increasingly expensive City, so

we’re helping artists find affordable places to live and work. We also

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protect places that have shaped our history.

KERRY E. MCCARTHY

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SETTING STANDARDS What, exactly, is a “community school?” It’s a school that joins with nonprofits to provide social and health services, plus afterschool academic support for kids from low-income families.

We funded the NYC Coalition for Educational Justice to advocate for standards for these schools: Strong and personalized instruction, welcoming ways for family members to get involved, and better use of data to improve programs. The City agreed to these standards. Left: Felicia Alexander, a parent, at a City Hall demonstration.

IMMIGRANT AID With our grant, the Mayor’s Office of Immigrant Affairs planned a $7.9 million effort, ActionNYC, to provide free legal screenings through community groups for thousands of immigrants. The screenings will help them work legally and apply for asylum, permanent residence, and citizenship. Left: Mayor Bill de Blasio announces the plan at a conference in Brooklyn.

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We’re making schools work better for all students—with

training and coaching for principals and teachers, high-quality literacy programs, and parent-led advocacy.

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TEHNEVMI RE O FNOMRE NI ST S&U EC :O M S IMXU PN RI TOYF IDLEEVSE L O P M E N T

Energy photo courtesy of Deepwater Wind; new leaders photo by Amy Wolf/The Trust; winning nonprofits photo by Kate Lord

ENERGY IN THE AIR In 2015, construction began on the nation’s first offshore wind farm off the coast of Block Island. How did this project win approval? The Campaign for Atlantic Offshore Wind Power, which we’ve funded for years, made a convincing case for developing this critical renewable resource. When the five turbines go online this year, they will produce enough energy to power Block Island and send surplus electricity to the mainland. Right: Recently installed wind turbine bases.

CITY WETLANDS Jamaica Bay’s watershed includes 20,000 acres of marsh, dunes, meadows, and forested islands.

One of the nation’s few urban national wildlife refuges, it is home to hundreds of species of birds, fish, and other animals. But sewer overflows and rising sea levels threaten this treasure. Officials need data to protect these wetlands. We’re funding Restore America’s Estuaries and its member group, American Littoral Society, to compare historical maps with current conditions as they test soil, wildlife, and water quality. Right: Teens in a green jobs training program monitor conditions and survey bay wildlife.

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From promoting electric cars to restricting toxic chemicals, to

restoring habitat for butterflies and other pollinators, what we do

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today will shape the world we leave our children.

ARTURO GARCIA-COSTA

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TRAINING NEW LEADERS As a generation of founders and directors retire, New York’s nonprofits are facing a leadership vacuum. So we started a fellowship program at Baruch College’s School of Public Affairs to train the next generation of talented managers to step up.

The fellows learn from experts and each other as they seek solutions to problems they face on the job.

Left: Fellows visit The New York Community Trust as part of a weekly seminar.

WINNING NONPROFITS Our annual New York Nonprofit Excellence Awards, run by the Nonprofit Coordinating Committee of New York, highlight groups that lead the way in management. “Other organizations learn from the winners, which is a key point of these awards,” says Trust president Lorie Slutsky (pictured at left at the 2015 Awards).

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New York City has more than 40,000 nonprofits. We work to make

sure these groups—no matter how small or large—are well run and

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have what they need to provide vital services.

PATRICIA SWANN

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HEALTH & PEOPLE WITH SPECIAL NEEDS

Show biz photo by Ari Mintz for The Trust; health care changes photo courtesy of Primary Care Development Corporation; a smarter glass eye photo by Amy Wolf/The Trust

HEALTH CARE CHANGES The traditional model of paying for care is giving way to a system that reimburses health centers based on patient experience and outcomes. That’s a major change for nonprofit providers, so we’re helping Primary Care Development Corporation and Community Health Care Association of New York State make this transition.

Right: a doctor cares for a child at a community health center.

AFTER SHOW BIZ Actors, dancers, and musicians often struggle to save for retirement and health care.

Manhattan Plaza, an affordable housing complex in Hell’s Kitchen with 1,100 residents over age 60, is their safe haven.

With Trust support, The Actors Fund, a nonprofit, arranges services for older residents, ranging from free check-ups at home to Zumba classes. Right: Plaza seniors stay active in a free tai chi class.

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As health care changes, we’re making sure providers can figure

out ways to deliver efficient, cost-effective services to all New

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Yorkers, including the elderly and those with special needs.

IRFAN HASAN

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ADAPTATIONS FOR LIFE Danna (left) benefits from a custom-made chair, table, and iPad holder, all crafted out of inexpensive materials at Adaptive Design Association in Manhattan.

With our first grant in 2002, this group began teaching occupational and physical therapists to build child-specific adaptations using common tools and materials. Since then, we’ve made several grants to teach others its techniques.

In 2015, the group’s founder, Alex Truesdell, won a MacArthur “genius grant.”

A SMARTER EYE Children who have had retinoblastoma, a rare form of eye cancer, sometimes must lose an eye to save their life.

Replacement glass eyes don’t move in sync with the working eye. We’re funding work by Dr. David Abramson (left) at Memorial Sloan Kettering Cancer Center that uses flatscreen technology to make glass eyes appear to follow movement and light. This will help kids build confidence and social skills. (Our David Warfield Fund, which helps people with visual disabilities, was a perfect fit.)

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Improving public health can feel like an uphill battle. But we’re

optimistic—and always on the lookout for new approaches to

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solving complex and chronic health problems.

RACHEL PARDOE

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BEC O M E

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DON OR

You Can Make a Difference. Forever.

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Trust us to make

your philanthropy

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enjoyable.

GAY YOUNG, vice president for donor services

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housands of New Yorkers who wanted to make a difference have set up funds with The New York Community Trust. Because of them, we’ve given billions of dollars to nonprofits, and we’ve helped change lives during the past 90 years.

Three Ways to Start a Fund

• Give now: Set up a fund to support

charities during your lifetime and endow it for future generations. Many donors regularly add money to their funds.

• Give later: Set up a fund through a deferredgiving arrangement. A key feature of many estate plans is a tax advantage now for the commitment of a charitable gift later. You can use Charitable Remainder Trusts, Charitable Lead Trusts, and gifts of life insurance or retirement plan assets.

• Wills: After providing for personal

bequests, you may include provisions for setting up a fund in The Trust or adding to an existing fund. You’ll save estate taxes and ensure the charitable work you care about continues.

Types of Charitable Funds

• An unrestricted fund helps with all

important issues. We are expert in identifying community needs and the nonprofits that can help.

• A field-of-interest fund allows The Trust

to make grants to nonprofits in the donor’s chosen field, such as education, the arts, the environment, medical research, or the elderly.

Donors also can establish field-of-interest funds that they advise.

• A designated fund is for donors who

want to support specific organizations or programs, but realize circumstances may change. And if they do, The Trust makes sure the gift remains relevant. (See page 27 for details.)

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• With a donor-advised fund, the donor

recommends the organizations to receive grants. By law, we cannot be bound by these recommendations, but we take them very seriously and approve grants to nonprofits that meet charitable program and financial standards.

Once you decide what you want to accomplish, our staff can help refine your goals. You name your fund—typically using your own name or someone you want to honor. Or you can remain anonymous.

Assets We Can Accept Our attorney and Donor Relations staff can discuss proposed contributions to set up funds. Here are some assets that can be used: cash; securities traded on major exchanges; closely held stock; mutual fund shares; retirement plan assets; real estate; interests in limited partnerships; and literature copyrights. Note: We cannot accept assets that carry potential liability.

Fund Administration and Fees A fund established with us may be held in trust with one of our 11 trustee banks. Or it may be held by Community Funds, Inc., our not-for-profit corporate affiliate. Both operate as The New York Community Trust with a single governing body. If a fund is set up in trust, the bank handles the investments.

If it is set up in Community Funds, our Investment Committee (page 45) selects the outside portfolio managers and oversees their performance. Our administrative fee is competitive. For more information, visit nycommunitytrust.org.

The IRS has classified The New York Community Trust and its affiliate, Community Funds, Inc., as “tax exempt,” “publicly supported,” and “not a private foundation.” (See page 27.) n

“

Join our

community of

GIVING TO THE TRUST IS:

EASY

�

inspired donors.

BOB EDGAR, vice president for donor relations

It takes very little paperwork.

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

We work with people with every kind of philanthropic interest.

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

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

Contact Bob Edgar to learn more about setting up a fund: (212) 686-2564, rve@nyct-cfi.org

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25

D O RE’ SF O NR O TI ES S U E : S I X P R O F I L E S TO HN EM

A Gift of Greener Space in the Bronx Years after leaving her childhood home, a wife honors her husband and perks up a favorite park

BY CA R O L B I L O T TI

I

grew up in the South Bronx, and still have great memories of playing in St. Mary’s Park in Mott Haven. My husband, Philip, grew up nearby,

and reminisced about playing saxophone in the Christopher Columbus High School band.

I was an executive administrator for businesses; Philip was a Verizon supervisor. We lived a happy life together for 24 years, and after he died, I wanted to honor him. I started the Philip A. & Carol Bilotti Fund in The New York Community Trust to support parks and music in the Bronx. A great city needs great parks, but green spaces in the Bronx were neglected. As for music— a universal language that crosses generations, cultures, and races—it often is cut from public school budgets. fund with others, and in 2015 it made a $90,000 grant to restore and bring concerts and special events to several parks and community gardens. That includes St. Mary’s—my old haven!

I can’t tell you how thrilled I am. n

26

nycommunitytrust.org

PARKS AND REC: Carol Bilotti at St. Mary’s Park in the Mott Haven section of the Bronx. The Trust uses her fund to improve this underused gathering place.

Photo by Ari Mintz for The Trust

The Trust combines money from our

DONOR CONVERSATION

A Family That Gives Together…

Two New Yorkers use their fund to prepare the next generations to think of others

BY PE T E R A ND MEREDITH RUGG PETER: “We had high goals for our children: We wanted to raise independent citizens of the world who give something back.”

LAUGHTER AS MEDICINE: Peter and Meredith Rugg joke with Big Apple Circus clowns who visit children in hospitals.

MEREDITH: “With our donor-advised fund in The New York Community Trust, we involve our children and grandchildren in the giving process. Our focus is helping kids at risk. For example, we support Big Apple Circus Clown Care, which sends therapeutic entertainment to children in hospitals.”

PETER: “We found The Trust is far less expensive than a private foundation—no tax returns or audits. That means our money makes more of a difference.”

MEREDITH: “Now our grandchildren are part of the grantmaking. They research potential grantees and learn about others that we like. One, for example, is the Fred Dolan Art Academy, which helps high school students refine their talents and Photo by Ari Mintz for The Trust

get scholarships to go to college. Talk about making a difference.” n

ANNUAL REPORT

27

LAWYER’S MEMO

Tough Questions Make for Smart Estate Plans A top estate and probate attorney on why he regularly refers clients to The Trust

BY PAUL J. POWERS, JR.

I

’m a lucky lawyer. I work with New Yorkers who have done well and want to give back. Many clients want their estates to fund a particular nonprofit

group. I ask blunt questions: What happens if the group’s leadership changes? What happens—and I’ve seen this—if the group gets into financial trouble and my client’s hard-earned money is used to pay off debts?

Some clients talk about starting a private foundation. My questions: Do you really want to take on record-keeping the IRS requires? Do you have heirs or colleagues committed to finding the right nonprofits years from now?

Again and again, I urge them to consider The New York Community Trust.

The staff scours this region for the best nonprofits, then weaves together donors’ funds to make a real difference.

fund that asks The Trust to support the most promising chamber ensembles.

The fund, with several million dollars, will enrich the lives of music lovers. I can’t think of a better legacy for Jane. n

28

nycommunitytrust.org

AT WORK: Paul J. Powers, Jr. is a partner of Satterlee Stephens Burke & Burke.

Photo by Ari Mintz for The Trust

In 2015, I mourned the death of my client Jane Kitselman, a cellist who started a

FOR ATTORNEYS AND FINANCIAL ADVISORS

Let Us Help You Help Your Clients Jane Wilton

We’re here for you.

Want to learn more about setting up a fund? Contact Jane Wilton, general counsel, (212) 686-2563 janewilton@nyct-cfi.org

S

tudies show clients expect their advisors to offer expert guidance on charitable donations during financial or estate planning.

Philanthropy might play a part in an inheritance, locked-up stock, the sale of a business, or other complex transactions.

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 tax-exemption 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 notfor-profit corporate affiliate. They share staff and a governing board and file a single return with the IRS. 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.

Three Important Facts

• All our funds have an important advantage: 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. That way, donors are assured their gifts will remain useful forever.

• We must review the terms of a fund before we can accept it.

• For funds held in trust as part of The New York Community Trust, a co-trustee is not permitted.

Creating a Fund . . . in The New York Community Trust

The Resolution and Declaration of Trust Creating “The New York Community Trust” (the R&D) is a complete trust instrument. It details the powers and duties of the trustee bank and the Distribution Committee (governing board). To establish a fund in trust with one of our authorized trustee banks, the founding document must incorporate the R&D by reference. Please call or visit our website for a copy. . . . in Community Funds

Community Funds is a New York not-for-profit corporation. A fund established in Community Funds becomes part of a publicly supported organization and is not regarded as a private foundation. The fund’s assets are managed by our Investment Committee. Please call for a copy or visit our website for a copy of our Certificate of Incorporation and bylaws. . . . 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 page 60 for contact information. n

ANNUAL REPORT

29

MEET OUR BOARD

The People Who Make It Work Job description: Make New York better for everyone

S

ome of the most crucial jobs don’t pay salaries. Serving on the board of The New York Community Trust, for example. 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. They provide an invaluable service to New Yorkers.

Six members are nominated by civic authorities representing the public: one by the Mayor of New York City; one by the Chief Judge of the U.S. Court of Appeals for the Second Circuit; one by the Chairman of the Partnership of New York City; one by the Chairman of Lincoln Center for the Performing Arts; one by the President of the Association

of the Bar of the City of New York; and one by the President of 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.

The Finance and Audit subcommittees monitor The Trust’s financial operations.

The Investment subcommittee oversees our assets, establishes asset allocation guidelines, recommends investment advisors and vehicles, and monitors investment performance.

The Fund Purposes and Suggestion Review subcommittees assure we honor the intent of each donor’s philanthropy; they review grants suggested by donors to ensure they meet our charitable guidelines. n

Photo by David L. Marcus/The Trust

BOAT BUILDING: Board member Jason Wright (left) chats with Akeem Steer, a participant at Rocking the Boat.

With funding and advice from The Trust, this group teaches engineering, woodworking, and environmental science in the South Bronx while teens build boats, restore the Bronx River, and learn to row and sail.

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nycommunitytrust.org

DISTRIBUTION COMMITTEE

Valerie S. Peltier, Chair Managing Director, Tishman Speyer; Trustee, 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.

Jamie Drake 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-a-Future Industry Committee.

Nominated by the Mayor of New York City.

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

Roger J. Maldonado Partner, Balber Pickard Maldonado & Van Der Tuin, PC; Co-Chair, Committee on NonLawyers and the Justice Gap; Member: Commercial Division Advisory Council, Board of Directors of the New York Bar Foundation, Departmental Disciplinary Committee for the Appellate Division of the NYS Supreme Court; Referee, NYS Commission on Judicial Conduct; Vice President: United Neighborhood Houses, NYC Bar Association.

Nominated by the President of the NYC Bar Association.

Anne Moore, M.D. Professor of Clinical Medicine, Weill Cornell Medicine; Attending Physician, NewYork-Presbyterian Hospital; Medical Director, Weill Cornell Breast Center; Former Director: American Board of Internal Medicine, New York Academy of Medicine.

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

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

Judith O. Rubin Chairman, Playwrights Horizons; Trustee: Mount Sinai Health System, Laurents/ Hatcher Foundation, Collegiate School; Member: Tony Awards Administration Committee, American Theatre Wing Advisory Board, Theatre Communications Group Executive Committee, New York City Department of Cultural Affairs Advisory Commission; Former President and Chairman, 92nd Street Y.

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

Member ex officio.

ANNUAL REPORT

31

MEET OUR BOARD DISTRIBUTION COMMITTEE (CONT.)

Ann Unterberg Chairman: Lincoln Center Education, Monmouth Medical Center Foundation; Vice Chairman, Monmouth Medical Center; Trustee: Lincoln Center for the Performing Arts, International Women’s Health Coalition, Two River Theater Company; Former Senior Vice President, L.F. Rothschild, Unterberg, Towbin.

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

CONSULTING MEMBERS We’re fortunate because past chairmen and members continue to serve in an advisory role after completing their terms as voting members of the Distribution Committee.

Samuel S. Polk Retired Partner, Milbank, Tweed, Hadley & McCloy; Chairman Emeritus, The New York Community Trust; Life Trustee, Hospital for Special Surgery; Director, Gerard B Lambert Foundation.

32

Ernest J. Collazo Managing Partner, Collazo Florentino & Keil LLP.

Robert M. Kaufman Partner, Proskauer Rose LLP; Vice Chairman Emeritus, The New York Community Trust; Director, Visiting Nurse Service of New York; Trustee, Brooklyn Law School; Vice Chair, Citizens Union Foundation.

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

Estelle (Nicki) Newman Tanner Trustee: New York Public Radio, Auburn Theological Seminary; Trustee Emerita: Wellesley College, Colonial Williamsburg Foundation, Jewish Women’s Archive.

nycommunitytrust.org

Mary Kay Vyskocil Retired Partner, Simpson Thacher & Bartlett; Member: Federal Bar Council, NYS Commercial Division Advisory Council, U.S. District Court for the Southern District of NY Judicial Merits Selection Panel; Referee, Lawyers’ Disciplinary Committee; Trustee: Historical Society of NYS Courts, St. Joseph’s Seminary, Dominican College.

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

(Mary Kay Vyskocil resigned from our board in 2016 to become a U.S. Bankruptcy Court judge.)

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.

Photo by David L. Marcus/The Trust

Barron (Buzz) Tenny Former Executive Vice President, Secretary, and General Counsel, Ford Foundation; Board Member: City Bar Fund of the New York City Bar Association, International Center for Transitional Justice (Vice Chairman), Native Arts and Cultures Foundation, Youth Orchestra of the Americas.

PARK POTENTIAL: Board member Judith Rubin talks with senior program officer Patricia Swann during a tour of South Bronx sites, including St. Mary’s Park. The Trust is funding BronxWorks and New York Restoration Project to improve this 35-acre Bronx gem.

MAKING DREAMS COME TRUE

If She Could See Her Legacy...

R

uth Adel Torgerson Leffler grew up in Queens and moved to Long Island, where she won three metropolitan women’s amateur golf titles starting in 1942. In her will, she created a fund to benefit her home borough. Since her death in 1993, The Trust has given nearly $6 million in her name to dozens of groups in Queens.

Recently, we helped South Asian Youth Action, known as SAYA, start an academic and leadership program for girls in Elmhurst. Then we gave money to expand it.

“

Before, I felt like I didn’t

have a choice about my future. Now, I’m more confident and understand that I’m in charge of my life

”

Photo by Ari Mintz for The Trust

and my happiness.

S A M E N A

H O Q U E ,

age 17, of Jamaica, Queens. Here, she greets a friend from the leadership program funded by The Trust.

ANNUAL REPORT

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SUBURBAN DIVISIONS

Helping the “First Suburb”

America’s suburban poor population has grown 64 percent since 2000. Now more people live in poverty in our suburbs than in cities.

O

n Long Island, which bills itself as “America’s first suburb,” the statistics are staggering: More than 316,000 people need food assistance every year. Long Island used to be a haven for affordable homes, but no longer. In early 2015, Nassau and Suffolk had the State’s second- and third-highest foreclosure rates, behind Queens.

Amid these chilling changes, the Long Island Community Foundation

is supporting efforts to reduce poverty.

Consider these grants totaling $175,000: Mercy Haven helps restore food stamp benefits erroneously cut or eliminated; St. Joseph’s College is incubating the Institute for Attainable Homes to make more affordable housing available on the

Island; Island Harvest runs a senior mobile food pantry; Amagansett Food Institute provides pantries with fresh, locally sourced produce.

Look at the glossy magazines for tourists and you’d think the North and South Forks are all about vineyards and glitzy parties—but those images disguise growing poverty amid the hedge rows.

We’ve backed All For The East End Fund in its Building Stronger Neighborhoods Program, which distributed $50,000 in micro grants to 20 nonprofits from Riverhead to East Hampton. Peconic Community Council, for example, provides nighttime supervision at an East End shelter, ensuring the homeless are safe and warm in the cold of winter. n

HEALTHY OPTIONS: Our support

for All For The East End helped Inspirational Triathlon Racing International, a nonprofit in East Hampton, run sporting events and healthy nutrition workshops for young people from poor communities.

Hidden, Hungry, Homeless

P

overty in Westchester is no longer limited to cities such as Yonkers and Mount Vernon; it exists in pockets of places like Mamaroneck, Tarrytown, and Ossining, where rents are high and working families scrape by. Federal poverty guidelines don’t capture the true need in Westchester, where one in three public school students is eligible for free or reduced-price lunch.

That’s why the Westchester Community Foundation sees poverty as an urgent problem. Grants totaling $27,000 to the Westchester Children’s Association and the Child Care Council of Westchester help these groups advocate for child services and access to child care for working families.

And $115,000 to Interfaith Council for

WELL STOCKED: Our Westchester

Photo by Gil Vaknin

division helps make fresh produce available to 2,000 families who rely on the food pantry at the Community Center of Northern Westchester in Katonah.

Action, The Bridge Fund of Westchester, El Centro Hispano, Community Resource Center, Community Center of Northern Westchester, and Community Food Pantry

is helping poor families apply for low-income tax credits, get job training, and connect to services.

“Because suburban poverty is so hidden, we want the voices of low-income families to be heard,” says Laura Rossi, who was named executive director of our Westchester division in 2015.

Grants totaling $100,000 to Community Voices Heard, CSI Hispanic Parent Leadership Institute, Westchester United, and Advocacy Institute build the leadership skills of residents so they can make better futures for their communities. n

We invest in nonprofits that give quick assistance in crises while we revitalize neighborhoods for the long term.

WESTCHESTER COMMUNITY FOUNDATION ADVISORY BOARD Theresa B. Kilman, Chair Dale Akinla II, Vice Chair Anahaita Kotval, Esq., Vice Chair Hon. Joaquin F. Alemany, Esq. James T. Ausili, Esq. Nancy Jasper, M.D. Paul Jenkel Michael Markhoff, Esq. Jose A. Reynoso, Esq. LL.M Lee Van Allen Roberts Kathy N. Rosenthal, Esq. David P. Shover Drusilla van Hengel Karen J. Walsh, Esq.

Funds Funds in bold and with an asterisks are new. Join our community of donors. See page 22 for details.

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) Ascher Fund (1999) Linda Ashear Fund (2001) Gianna Marie Balog Memorial Fund (2012) Douglas H. & Sarah G. Banker (2008) 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 & 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 & 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. & Judith B. Carroll Fund (1986) Barbara & 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) Stephanie Crispinelli Humanitarian Fund (2010) Dominican Sisters of Hope Empowerment Fund (2014) Nancy & Robert DeLigter Boy Scout Memorial Fund (1991) Michele & Concetta DeRosa Fund (2000) Alyson & Parker Drew Fund (2000) Dunbar Family Fund (2014) Linda A. & James H. Ellis Fund (1999) Endowment for Westchester’s Future (1987)

36

Marion C. & 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 & Denise Farrell Family Fund (2006) Celia Malbin Feinstein Fund (1992) Arnold E. & 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-Molner Fund (2008) Virginia Franklin Journalism Scholarship Fund (2004) Peggy Friedman Memorial Fund (1989) Fund for Westchester’s Environment (2001) Fund for Westchester’s Future (2013) Gallagher Family Charitable Fund (1999) Charles Gamper Fund (1985) J.F. & M. Gelband Fund (1995) Lloyd & Lonya Gilbert Fund (1991) Rita & Bruce Gilbert Fund (1992) Glassberg Family Fund (1997) Rachel Greenstein Memorial Fund (1988) Handelman Memorial Education Fund (2010) Edward Handelman Fund (2010) Helen & Nancy Handelman Fund (2010) Carol & Frank Headley Family Fund (1996) John & Marilyn Heimerdinger Fund (1994) Russell Hexter Filmmaker Fund (1997) Julian H. Hyman Memorial Fund (1985) Alice & Warren Ilchman Fund (2000) Karen Cromer Isaac Fund (2007) Izard Fund (1997) Jade Fund (1999) Paul & 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) Kotval Shroff Family Fund (2011) Learning Center Fund (1994) Dorothy & John Lebor Fund (1999) James L. Leinwand Fund (1998) David F. & Dorothy W. Linowes Fund (1999) Linville Fund (1993) William J. & Helen Z. Lippincott Fund (1994) John A. Lombardi Scholarship Fund (2006) Karin Lopp Fund (1998) Elizabeth Lorentz Fund (1986) Lester & Helen Levinthal Lyons Fund (1994) John F. Maloney Memorial Fund (1998) 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) Asa Uyeda Mitsudo & 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) Munson Family Fund (2000) Nathan Moscow Fund (1985) Neubart/Rosenthal Family Fund (2012)

Eda & Stanley Newhouse Fund (1983) James L. Newhouse Fund (1986) Thomas J. & 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) Pine Hill Fund (2010) Pisacano Family Fund (1995) Raymond M. & Alice M. Planell Fund (2006) Pottinger Fund (1994) Sal J. Prezioso Fund for Westchester’s Future (2001) Putnam Fund (1999) Muriel L. & Stephen B. Randolph Fund (2004) George E. & Elizabeth A. Reed Fund (1997) Reiman Brothers Fund (1999) 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 & Diana Russo Fund (1988) R.W.K. Charitable Fund (2011) Bernardo Scheimberg Fund (2014) Dr. Lester J. Schultz Memorial Fund (1984) Robert & 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) Sullivan Family Fund (1994) Kalyan Sundaram Fund (2006) James A. & Katherine D. Sutton Fund (1999) Syzygy Fund (2014) Martin Tackel & Abbe Raven Family Fund (1998) Alfonso Tapia & A. L. Rose Memorial Fund (1994) Tarrytown & Sleepy Hollow Children & Youth Fund (2009) Tarrytown/Sleepy Hollow Fund for Kids (2010) Technical Support Fund (1998) 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 & Peppi Ucko Family Fund (1998) Emily & Harold E. Valentine & Evelyn Gable Clark Scholarship Fund (2005) Bernice & 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 & Girls (1992) Westchester Health Fund (2003) Westchester Poetry Fund (2000) Westchester Wilderness Walk Fund (2001) Frank E. Wigg Charitable Fund (1993) Wilstock Fund (1994) Evelyn G. Zamboni Fund (1986) Madeline & Sanford S. Zevon Fund (1995) Corinne and Neil Zola Fund (2014)

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

LONG ISLAND COMMUNITY FOUNDATION ADVISORY BOARD Patricia Galteri, Esq. Chair Patricia C. Marcin, Esq. Vice Chair Natalie Abatemarco Salvatore J. Alesia, Esq. Robert S. Barnett, Esq. Janet M. Barone Cathleen Colvin Gregory P. Demetriou Roslyn D. Goldmacher, Esq. Ira R. Halperin, Esq. Sandra Krasnoff Edward C. Palleschi Claudia Pilato Phyllis Hill Slater Brian M. Travers Marc S. Wong

Funds Susan Isaacs & Elkan Abramowitz Charitable Fund (2005) Brianna Xu Aiping Fund (2014) All For The East End Fund (2013) Robert & Rhoda Amon Fund (2008) Dennis P. Angermaier Memorial Lifeguard Scholarship Fund (2002) Michael & 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 & Robert Bernhard Fund (1997) Besemer Family Fund (2012) Dr. Raj Bhayani Fund (2013) Ruby & Michael Bornstein Memorial Fund (1978) James D. Brown Jr. Fund (2012) James & Carole Burns Fund (2006) Callisto Fund (2014) Richard M. Caproni Memorial Scholarship Fund (2001) Helene & Richard Cepler Family Fund (2000) Carmans River Watershed Management Fund (2014) 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) Marie Colvin Memorial Fund (2012) George J. Conklin Scholarship Fund (1989) Ann Caroline Corrody Fund (1999) Matthew T. Crosson Memorial Fund (2011) 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 & Volpicella Family Fund (2007) Rajesh & Rupa Dharia Fund (2013) Percy Douglass Memorial Education Fund (1985) Eiber Family Fund (2000) ENEE Philanthropic Fund (1994) Martha C. Entenmann Scholarship Fund (1999) Thomas F. & Helen A. Fagan Fund (2007) Fern’s Kids Fund (2014) Mark Fischgrund Memorial Fund (2003) Walter & 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 & Frank Freeman Fund (1997) Fridman Family Fund (2010) Fund for the Future of Long Island Women & Girls (1997)

Fund for Innovative Community Programs on Long Island (1985) Richard H. & 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) Greenberg Fund (2010) Selma Greenberg Fund (1997) Greentree Foundation Fund (2003) *Matthew Grimaldi Memorial Fund (2015) Grundman Memorial Scholarship Fund (1990) Horace Hagedorn Memorial Fund (2005) Kristy Lyn Haley Memorial Fund (2000) Hand & the Spirit Fund (1999) F. & M. Harris Family Fund (2001) Robert E. & Barbara W. Harrison Fund (1997) Helen’s Fund (1998) Frances Herman Family Fund (2010) Hershenov Family Fund (2007) E.B. Hubbard Fund (2002) Julie Hunnewell Fund (1987) Alma D. Hunt/VCM L.I. Fund (1997) Hurricane Sandy Long Island Relief & Restoration Fund (2012) Idie Fund (2000) In Memory of Elissa Fund (2004) Ann Marsden Irvin Fund (2009) Douglas Jackson Memorial Scholarship Fund (1996) Berenice & Herman Jacobs Family Fund (1997) Lawrence Jacobs Fund (2011) Marie J. Jensen Scholarship Fund (2005) Edith R. Karel Fund (1998) Karish Education Fund of the Horticultural Alliance of the Hamptons (2000) Karma411 Matching Fund (2007) David & Dale Karp Family Charitable Fund (2003) Kenneth L. & Veronica K. Katz Advisory Fund (1999) Kenneth L. & Veronica K. Katz Fund (1999) Always Loved Never Forgotten Katz-Goldblatt Fund (2011) Leo & Freda Keller Memorial Fund (2000) Kids Making a Difference Fund (2000) Morton L. Kimmelman Fund (2001) Kingfisher Fund (1998) David & Paula Kirsch Family Fund (2004) Beverly & Harvey Klein Fund (2001) 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 & William Littleford Fund (1993) Debra Lobel/Beverly Dash Fund (2004) Long Island Affordable Housing Project Fund (2011) *Long Island Beech Fund Trust A (2015) Long Island Community Foundation (1977) *Long Island Community Foundation Annual Fund (2015) Long Island Fund for the Arts (1985) Long Island Fund for Youth Programs (1987) Long Island Immigrant Children’s Fund (2014) Long Island Unitarian Universalist Fund (1992) *LOOK UP for Adam Fund (2015) Lorraine Gregory Family Fund (2014) John F. Loverro Memorial Fund (2004) Lowrey 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) William T. & Lynn Steppacher Martin Fund (2001) Massapequa Community Fund (2001) *Harting & McChesney Charitable Fund (2015)

Helen P. & 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) North Country Community Association Fund (2002) North Fork Fund (2003) Northrop Grumman Endowment Fund for L.I. Women & 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) 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 & Margaret Philbin Scholarship Fund (2003) Joseph, Violet, Virginia, and Muriel Pless Family Fund (2014) Harriet B. & Edward Everett Post Fund (1986) Elizabeth Pritzker Endowment Fund (1985) Quogue Community Fund (2013) Raymond C. & Diane F. Radigan Fund (2005) Rhodebeck Long Island Fund (1998) Richards Family Fund (1987) Charlotte S. & Richard D. Rockwell Fund (1999) Rose Fund (1998) Judith Rubertone Fund (1987) Cheryl & Stephen Rush Fund (1999) Saltzman Fund (1987) Sandy Building Back Stronger Fund (2013) SAR Family Fund (2012) Richard W. Savino Memorial Fund (2013) Sidney Schiffman Fund (1996) 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 & Stella Seligsohn Memorial Fund (1996) Henry H. Shepard Fund (2008) Shinnecock Bay Restoration Fund (2011) Colonel William Smith Foundation (1984) Meredyth H. Smith Charitable Fund (1997) E. & R. Smits Fund (2001) Staller Scholarship Fund (1987) Erwin P. & Pearl F. Staller Charitable Fund (1992) Adam E. Stark Memorial Scholarship Fund (2001) Nancy Steinman Fund (2003) Helen, Emily & Margaret Stevens Fund (2004) Suzy’s Fund (2009) Carol & Jim Swiggett Fund (1997) Ruth Saltzman Taishoff Fund (1996) Gail Talent Memorial Fund (2003) Brian & Danielle Tane Charitable Fund (2007) James & 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 & 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) *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

37

FINANCIALS 2015 THE NEW YORK COMMUNITY TRUST AND COMMUNITY FUNDS, INC. (Including its Long Island and Westchester Divisions)

Consolidated Statements of Financial Position

2015

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

$

$ 2,473,181,680

24,278,797 60,413,912 2,447,045,744 2,507,780,552 841,250 1,492,117 1,015,889 1,280,360

LIABILITIES AND NET ASSETS Liabilities: Accounts payable $ 609,635 Grants payable 21,597,227 Deferred rent credits (note 4) 1,499,939 Pension liability (note 5) 6,138,610 Accrued postretirement medical benefit obligation 3,202,427 (note 5) Total liabilities

2,570,966,941

717,093 20,800,145 1,814,295 4,563,549 3,305,955

33,047,838

31,201,037

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

2,382,463,554 52,809,251 4,861,037

2,480,383,341 54,573,928 4,808,635

Total net assets

2,440,133,842

2,539,765,904

$ 2,473,181,680

2,570,966,941

Total liabilities and net assets

See accompanying notes to consolidated financial statements.

38

2014

nycommunitytrust.org

Consolidated Statements of Activities

2015

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

Other

$

2014

93,036,093

184,255,136

50,858,176 (47,833,060)

52,116,134 85,372,932

(14,672,781) (1,635,317) (13,282,982)

(15,787,106) (1,490,190) 120,211,770

52,393

48,285

Total unrestricted revenues, net

79,805,504

304,515,191

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

165,428,594 5,292,599 5,557,229 2,381,669 178,660,091

157,785,699 4,847,398 4,881,820 2,424,743 169,939,660

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

(98,854,587)

134,575,531

(777,475) (99,632,062)

(4,214,335) 130,361,196

2,539,765,904

2,409,404,708

$ 2,440,133,842

2,539,765,904

See accompanying notes to consolidated financial statements.

ANNUAL REPORT

39

FINANCIALS 2015

Consolidated Statements of Cash Flows

2015

Years ended December 31, CASH FLOWS FROM OPERATING ACTIVITIES: (Decrease) increase in net assets

Adjustments to reconcile (decrease) increase in net assets to net cash (used in) provided by operating activities:

$ (99,632,062) 130,361,196

Net depreciation (appreciation) on investments Depreciation and amortization expense Decrease (increase) in receivables Decrease in accounts payable Increase (decrease) in grants payable Decrease in deferred rent credits Increase in pension liability (Decrease) increase in accrued postretirement medical benefit obligation Net cash (used in) provided by operating activities CASH FLOWS FROM INVESTING ACTIVITIES: Purchases of investments Proceeds from sales of investments Capital expenditures Net cash provided by (used in) investing activities Net (decrease) increase in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year

2014

47,833,060 269,836 650,867 (107,458) 797,082 (314,356) 1,575,061

(85,372,932) 269,832 (238,016) (101,798) (6,454,533) (198,642) 2,943,996

(103,528)

1,044,472

(49,031,498)

42,253,575

(749,822,908) 762,724,656 (5,365)

(823,047,480) 782,111,951 (222,499)

12,896,383 (36,135,115) 60,413,912

(41,158,028) 1,095,547 59,318,365

$ 24,278,797

60,413,912

$ 1,635,317

1,490,190

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

See accompanying notes to consolidated financial statements.

40

nycommunitytrust.org

Notes to Consolidated Financial Statements December 31, 2015 and 2014 (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, usually from income only, but 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 $3,069,191 in 2015 and $2,799,355 in 2014.

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 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, 2015, 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 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:

ANNUAL REPORT

41

FINANCIALS 2015

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

• Level 2 inputs are inputs other than quoted 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 2009-12 (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 market value.

In May 2015, the FASB issued Accounting Standards Update No. 2015-07 (Update No. 2015-07), Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent). The guidance removes the requirement to make certain disclosures and categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient. Update No. 2015-07 is effective for fiscal years beginning after December 15, 2015 with early adoption permitted. The Trust elected to early adopt the provisions of Update No. 2015-07 and applied the provisions of the update retrospectively to 2014.

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 prices and observable net asset values. The Trust also invests in hedge funds, and private equity, 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 incomebased approach, or discounted cash flow projections. The Trust received gifts of interests in a limited partnership (LP) 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.

CFI 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, 2015 and 2014, respectively: 2015

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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nycommunitytrust.org

Total 914,009,518 391,169,577 368,471,776 221,438,737 205,349,205 111,695,149 80,927,011 75,267,185 41,172,675 24,574,503 12,970,408

Level 1 859,011,720 228,863,521 368,471,776 209,065,999 — — 51,979,337 75,267,185 — — 9,594,709

— — — — — — 28,947,674 — 12,275,420 — 1,753,645

Level 3 90,371 ­— — — — 53,621,068 — — — 24,574,503 1,622,054

Investments measured at NAV 54,907,427 162,306,056 — 12,372,738 205,349,205 58,074,081 — — 28,897,255 — —

$ 2,447,045,744

1,802,254,247

42,976,739

79,907,996

521,906,762

$

Level 2

2014

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

Fair value 930,686,270 449,826,028 349,543,108 220,124,159 212,209,589 121,657,315 85,747,971 62,609,105 41,013,635 24,762,843 9,600,529

Level 1 853,095,263 269,771,024 349,543,108 203,627,920 — — 55,547,881 62,609,105 — — 4,732,848

— — — — — — 30,200,090 — 21,013,635 — 1,968,036

Level 3 96,140 — — — — 52,968,755 — — — 24,762,843 2,899,645

Investments measured at NAV 77,494,867 180,055,004 — 16,496,239 212,209,589 68,688,560 — — 20,000,000 — —

$ 2,507,780,552

1,798,927,149

53,181,761

80,727,383

574,944,259

$

Level 2

The Trust’s investments valued at NAV include: U.S. Equities – Consist of large cap and small cap funds that invest across numerous sectors.

International Equities – Consist of funds that invest in a broad range of developed and emerging markets.

Hedge Funds – Consist of funds that seek to achieve equity-like returns with lower volatility than the equity markets as well as multi-strategy funds that attempt to generate consistent positive returns by focusing on opportunities that are not correlated to the returns of the overall markets. These funds may be redeemed at the net asset value at least annually, and in certain 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 $31 million at December 31, 2015.

Fixed Income/Other – Consists of one investment grade fund that seeks to achieve a total return through a combination of current income and capital appreciation.

Redemption and notice periods for investments in U.S. Equities, International Equities, and Fixed Income/Other range from daily to monthly liquidity with 1 day to 2 weeks’ notice.

The following table presents 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 sales Capital distributions

2015 $ 80,727,383 611,229 (272) (1,430,344)

2014 68,352,934 13,970,539 (76,281) (1,519,809)

Fair value at December 31

$ 79,907,996

80,727,383

ANNUAL REPORT

43

FINANCIALS 2015

(4) Commitments On March 30, 2004, The Trust entered into a lease agreement for office space expiring March 31, 2020.

Future minimum annual rental payment are approximately $1.5 million in 2016 through 2019, and a total of $370,000 thereafter through 2020.

Rental expense is recognized on a straight-line 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, 2015 and 2014 amounted to $1,430,808 and $1,321,293, respectively.

(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 2015

2014

$ 25,511,135

23,885,211

3,202,427

3,305,955

19,372,525

19,321,662

—

—

$ (6,138,610)

(4,563,549)

(3,202,427)

(3,305,955)

Benefit costs

$ 1,130,530

289,563

300,359

189,256

Benefits paid

$

853,497

2,676,246

55,895

59,568

Plan contribution

$

691,600

655,337

10,664

10,219

Benefit obligation Fair value of plan assets Funded status

2015

2014

The accumulated amounts not yet recognized as a component of net periodic benefit cost were $6,438,928 and ($99,889) at December 31, 2015 for the pension and postretirement medical plans, respectively. The estimated amounts that will be amortized into net periodic benefit cost in 2016 are $388,000 and ($50,000), respectively.

Postretirement medical benefits

Pension benefits 2015

2014

2015

2014

Discount rate

4.10%

3.80%

4.40%

4.00%

Rate of compensation increase

4.00

4.00

—

—

Discount rate

3.80%

4.70%

4.00%

5.00%

Expected return of plan assets

7.00

7.50

—

—

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 2016 is 2.3%, increasing to 5.3% in 2021.

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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 $1,389,000 and $104,000, respectively, through 2025.

The following tables present The Trust’s fair value hierarchy for the investments of its defined benefit pension plan as of December 31, 2015 and 2014, respectively: 2015 Equities Fixed income Cash equivalents

Fair value $ 14,007,677 4,545,235 819,613

Level 1 14,007,677 3,482,435 819,613

Level 2 — 1,062,800 —

Level 3 — — —

$

18,309,725

1,062,800

—

19,372,525

2014 Equities Fixed income Cash equivalents

Fair value $ 14,656,851 3,424,451 1,240,360

Level 1 14,656,851 2,371,035 1,240,360

Level 2 — 1,053,416 —

Level 3 — — —

$ 19,321,662

18,268,246

1,053,416

—

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 $578,748 in 2015 and $571,349 in 2014.

(6) Subsequent Events The Trust evaluated its December 31, 2015 consolidated financial statements for subsequent events through April 27, 2016, 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

45

FINANCIALS 2015

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, 2015 and 2014, 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, 2015 and 2014, 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 27, 2016 KPMG LLP is a Delaware limited liability partnership, the U.S. member firm of KPMG International Cooperative (“KPMG International”), a Swiss entity.

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nycommunitytrust.org

Financial Highlights ASSETS BY FUND TYPE $2,473,181,680

Unrestricted 55% Donor-advised 40% Non-advised 15%

Field of Interest 29%

Designated 12%

Scholarships 4%

GRANTS BY PROGRAM AREA $165,428,594

Education, Arts, & Human Justice 55%

Children, Youth, & Families 18%

Community Development & the Environment 13%

Health & People Special with Special Projects 2% Needs 12%

TOTAL EXPENDITURES $178,660,091

Grants 93%

Administration 6%

Trustee Banks

Investment Committee

Eleven banks and trust companies have adopted the Resolution and Declaration of Trust Creating “The New York Community Trust.”

Representatives of these financial institutions constitute the Trustees’ Committee, and each bank is authorized to receive funds in trust for The New York Community Trust.

For a list of these banks, please visit our website, nycommunitytrust.org.

Donors can set up funds in trust with one of the banks or in Community Funds, Inc., our not-forprofit corporate affiliate. For more information see page 27.

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

Development 1%

Kevin R. Byrne Senior Vice President, Chief Finance & Risk Officer Retirement Solutions Division Pacific Life Insurance Company Elizabeth B. Dater Managing Director, Angelo, Gordon & Co. Donald R. Kurtz Retired Managing Director, General Motors Investment Management Corporation Rosemarie Liu Shomstein Retired Senior Vice President & Deputy Chief Investment Officer AXA Equitable Life Insurance Company Lorie A. Slutsky President, The New York Community Trust Affiliations for identification purposes only.

ANNUAL REPORT

47

FUNDS IN 2015 Funds in bold and with an asterisks are new. Join our community of donors. See page 22 for details.

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 that 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 & Laurie Adams Fund (2004) Hall Adams Fund (1972) Adel & Leffler Families’ Fund for Queens (1993) Terry Adkins Memorial Fund (2014) Frederica M. & Morton L. Adler Trust (1941) Benigno M. Aguilar & Gerald A. Erickson, Jr. Fund (2011) M. Bernard Aidinoff Fund (1986) M. Bernard Aidinoff & Elsie V. Aidinoff Fund (1998) Seth G. Aidinoff Fund (1986) Akabas Family Fund (1986) Albin Family Arts Fund (1999) Barbara Albisser Memorial Fund (1981) Oakey L. & Ethel Witherspoon Alexander Fund (1977) Allegra-Tanner Fund (1995) Robert Mack Allen & Wendel Fentress Ott Fund (1989) AllianceBernstein Foundation Fund (1998) Franz & Marcia Allina Fund (1994) Alouette Fund (1993) B. Altman Fund (1985) Carl Altman Fund (2007) Altschul Family Fund (1980) Altschul Overbrook Fund (1994) Arthur Altschul Memorial Fund (2002) Arthur G. Altschul, Jr. Charitable Fund (1996) Emily H. Altschul Charitable Fund (2002) Elizabeth & 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) Ananouri Fund (1998) Anne Anastasi & John Porter Foley, Jr. Funds (2006) Anbinder Family Charitable Fund (2003) J. R. Anderson Fund (1981) Patricia Anderson Fund (2005) Matthew and Krista Annenberg Fund (2006) Patricia L. Anslinger Memorial Fund (2007) Aquamarine Fund (2014) Eileen & William Araskog Charitable Fund (2001) Arc of Circumstance Fund (1978) G.W. Archer Fund (2001) Joseph Arena Charitable Fund (1995) *Arman Fund (2015) Walter & Marsha Arnheim Fund (1986) Esther Jean Arnhold Fund (1966) Arts & Culture Research Fund (2012) Arundel Fund (1988) Marcia Ashman Fund for Children (1999)

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Larry Ashmead Editorial Award Fund (2010) Michael J. Ashworth Fund (2007) 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 (2010)

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) Baker Family Fund (2003) Allyson Maya Collazo Baker Fund (1984) Fern Ann Ballard Memorial Fund (1986) Dr. Holly M. Bannister & Douglas L. Newhouse Fund (1984) Peleg S. Barber Fund (1960) Bardel Family Fund (2007) Ruth Plofsky Barish & Irving Barish Fund (1996) Barns Fund (1971) Parker W. Barnum Funds (1979) William & Françoise Barstow Foundation No. 1 (1931) William & 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) Arlene Bartlow Fund (2006) Arthur L. Baruch & Rosalie K. Baruch Fund (1979) Paul Ludwig Baruch & Aimee Mayer Baruch Fund (2008) Conor Bastable Charitable Fund (2010) Baudo-Sillerman Scholarship Fund (1989) Beacon Group Fund (2011) 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) David A. and Gail G. Bell Fund (2008) Thomas D. Bell Charitable Fund (2011) Bellevue Nursing Committee Fund (1976) Eleanor Robson Belmont Fund (1980) Selim and Luna Benardete Charitable Fund (2005) Lillian Z. Bender Fund (2002) Bendheim-Von Wiskow Fund (2010) Claire B. & Lawrence A. Benenson Fund (1987) Herbert & Edythe F. Benjamin Fund (1976) Karen Benner Family Fund (2006) Michael Benner Family Fund (2006) *B. Bentele’s Fund (2015) Bento Fund (2004) Maureen Duffy Benziger Fund (2005) Berelle Fund (2009) Andrew N. & Gail D. Berg Fund (1999) Berger Family Memorial Fund (2008) Berger Memorial Fund (2008) Alexander & Eleanor Berger Memorial Fund (2008) Edward Bergman Fund (2005) Paul Bergman Fund (2005) Sarah & Paul Bergman Youth Empowerment Fund (2005)

Sharon & Edward Bergman Charitable Fund (2008) Lancelot M. Berkeley Fund (2007) Berkshire Fund (2000) T. Roland Berner Fund (1972) 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 (2007) Melanie S. Bialis Fund (2007) Philip A. & Carol Bilotti Fund (2010) June R. & 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) Lida & David Bloom Fund (1989) Robin Bloom Fund (1991) Blum Family Fund (1990) Sidney & Elaine Blumenthal Fund (1980) Jesse Smith Blydenburgh & Josephine Vail Blydenburgh Fund (1958) Ernst P. Boas Memorial Fund (1955) 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 & 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 (2003) Blair A. & Elizabeth J. Boyer Family Fund (2006) George T. & Francele Boyer Fund (1976) William B. & Jane Eisner Bram Fund (1995) William M. Bramwell, Jr. Fund (1995) Barry & Geraldine Brause Fund (1986) R. S. Brause Fund (1986) Roberta Brause Fund (1986) Catherine & Robert Brawer Fund (1996) Annie Grant Breath Memorial Fund (1939) Briar Patch Fund (2012) Brivio Family Fund (2003) Beatrice & Douglas Broadwater Fund (1986) Edward Brodsky Fund (1997) Brooklyn Fireman’s Medal Fund (1981) J. F. and S.S. Brown Family Fund (2006) 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. & George R. Brunjes Memorial Fund (1988) John & Josephine Bruno Memorial Fund (2011) May Evans Bryant Fund (1989) BTW Fund (1973) Emily G. Buck Fund (1994) Bucks Harbor Fund (2006) Bucky Fund (2006) David A. Budd Fund (2008) Alexandru & Sonia Bunescu Fund (1993) Walter & Martha Burchard Family Fund (1988) Burford Fund (2007) Richard A. Burgheim Fund (1999)

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

C

Hans & Ruth Cahnmann Family Fund (2009) Ruth & Hans Cahnmann Memorial Fund (2012) Jean C. Caldwell Fund (1950) Patricia A. Caldwell Fund (2002) Calman Fund (2007) Calvert Family Fund (2000) Ishik Camoglu Fund (2014) Camp Edith Macy Fund (1926) Frances T. Campbell Fund (1959) Cane Nowak Family Fund (2014) Cannon Educational Fund (1981) Ralph & Stella Caporale Fund (1995) Elsie, Ubaldo & Vivian Cardia Fund (2008) Carillon Fund (1998) Carlson Fund (1994) Arnold W. & Alice R. Carlson Charitable Fund (2013) Carnegie Corporation Fund No. 1 & 2 (1936) Carnoy Family Fund (2011) Carolina Fund (1986) Alys Sinclair Carreau Memorial Fund (1929) Carson Family Charitable Trust Fund (1985) Sybil Carter Memorial (1930) Cascadilla Fund (2012) Cashin Family Fund (1989) Bonnie Cashin Fund (2002) John Krob Castle Fund (2012) Cecelia Trust Fund (1996) 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) 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 (2010) Francis & Catherine Christy Fund (1975) Patricia Cirillo Charitable Fund (2007) 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 & Joseph Cohen Fund (2013) Joseph and Claire Cohen Fund (2014) Helen Cohen Fund (1995) Lisa E. Cohen Memorial Scholarship Award Fund (1991)

Paul T. Cohen Fund (2009) John & 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 & Judith E. Turkel Fund (2005) Melinda & James M. Cotter Fund (1986) Counterpoint Fund (1996) J. E. Covington Fund (2007) Valery Craane Fund (2004) Karen L. Cramer Charitable Fund (2010) Critchlow/McCormick Family Fund (2005) Charlotte L. Crittenden Fund (1932) A. Evelyn Cronquist Fund (1991) Jim and Pat Cropsey Farm Fund (2006) Winifred Crost Fund (1981) Andrew Crystal & Family Fund (2004) CSF Family Fund (2007) Charles E. Culpeper Fund (1999) Kay Cummings Fund (2008) Curbstone Fund (2006) Cushman Family Fund (2003) Paul & Paulette Cushman Fund (1998) CWR Partners Fund (2008)

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) Danziger Family Fund (1973) Abraham L. Danziger Fund (1979) Ellen & 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 & Diane DeBell Family Fund (2003) G. Louise Robinson de Dombrowski Fund (1991) Adam de Havenon Fund (2004) Georgia & Michael de Havenon Fund (1986) *Thomas D’Eletto Charitable Fund (2015) Peter J. De Luca Family Fund (1991) Georges & Lois de Menil Charitable Fund (1977) Jay & Ruth De Soto Mayor Fund (2004) Ellen A. Dearborn Fund (1969) 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) Delany Sisters Fund (1994) John and Patricia Delany Memorial Fund (2006) *Patrick and Kara Dennis Charitable Fund (2015) David W. Denton U.S. Attorneys’ Fund (2010) Derby Fund (1983) Charles Desmarais & Katherine Morgan Fund (2010) Deutsche Bank Fund (2010) Brian & Silvija Devine Fund (1986) Brooke Katherine Devine Fund (2006) Mary Wheeler Dewart Fund (1976) Diacre Family Fund (2003) Hester Diamond Fund (2002) Ruth & Gerald Dickler Fund for Early Childhood Education (2010) Eugene Di Mattina Fund (2013) 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) A. James Donohue Fund (1986) Donors’ Education Collaborative of NYC Fund (1992) Dora Fund (2001) James D. Dorfman & Michael J. Herko Fund (2014) Stephen M. Dowicz Fund (1994) John & Hebe Dowling Fund (1986) Nathan & Miriam Drachman Fund (1989) Jamie Drake Fund (2007) 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 & Joan Dunham Fund (2010) Mary Ann Dunn Charitable Fund (2010) Dutch Kills Civic Association Fund (1994) Solomon Dutka Fund (1999) Suzanne L. Dyer Development Fund (2007) Dyer Family Fund (2010) Dzialga Family Fund (2013)

E

East Harlem Tutorial Program Fund (1997) EAM II Fund (2010) Evelyn & Jack Eber Fund (1995) E.C.B. Fund (1960) Sammy Cohen Eckstein Memorial Fund (2013) Economic Justice Fund (1989) Julius & Margarete Edelstein Fund (1991) Edlow Fund (1996) Davis W. Edwards Fund (2008) Eleanor Franklin Egan Memorial Fund (1927) E.H.C. Foundation (1967) Julie Ehrlich & Noam Elcott Fund (2009) Dr. Moses Einhorn Fund (1964) Einhorn/Lasky Family Fund (1999) Eiseman Altschuler Fund (2003) Irving & Blanche Eisenberg Charitable Fund (1995) Carole & Richard Eisner Fund (1980) EisnerAmperCares Fund (2010) EJP Fund (2007) H. Rodger & 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)

ANNUAL REPORT

49

FUNDS IN 2015 Nancie Ellis Fund (2004) 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 & Nina Zakin Essey Fund (1994) Evans Family Fund (1995) Bradford & Barbara Evans Fund (1986) Brittain Anderson Ezzes Fund (2007)

F

Fahnestock Family Fund (1980) Fahs-Beck Funds for Research & Experimentation (1986) Edgar W.B. Fairchild Fund (1992) Fairway Fund (1987) Falk, Lichten & Rosenstein Fund (1995) Susan Meyers Falk Fund (1996) Joseph Fancher Fund (1983) Farrand Family Fund (1993) Fashion Targets Breast Cancer Fund (2010) Emanuel & 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 & Michael Feller Fund (2007) Louise & Marvin Fenster Family Fund (1999) Anthony & 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 & 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 (1974) Flushing Females Association Scholarship Fund (1992) Michel Fokine Memorial Fund (1985) Walter B. Ford Funds (1972) William E. Ford, III Fund (2014) Fortune Society Education Fund (1994) Fosdick Fund (1986) 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. & Sarah Frank Funds (1955) Martin M. Frank Scholarship Fund (1990) Thomas W. & Claire W. Frank Fund (1977) Katherine M. Franke Fund (2006) Bethenny Frankel Charitable Fund (2011) Michael and Beatrice Frankel Fund (2008) Frankel-Freedman Fund (2007) Corinne R. Frear Fund (2000) Arthur & Elinor Fredston Fund (2004) David & Paula Freedman Fund (1994)

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Freilich Fund (2011) Ernest Grey Frerking/Sharon Frerking Philanthropic Fund (2005) Friedman Family Charitable Fund (2008) Elayne & Howard Friedman Fund (2006) Friends of the Atlantic Philanthropies Fund (2007) L. W. Frohlich Charitable Fund (2011) L. W. Frohlich Family Fund (2011) Frunzi/Wachtel Fund (2011) James Fuld Jr. Family Fund (1991) Kenneth & Margo Fuld Fund (2001) Ricki Fulman Fund (2013) Fun On 2 Wheels Fund (1998) 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 Theatre in Central Park (1999) Future of Design Jewelry Education Fund (1997)

G

Laly & George Gallantz Fund (1991) Donald R. Gant Fund (1979) Colin Gardner Fund (2011) William T. Gardner Theatre Internship Fund (1992) Garfinkel Family Fund (2007) Gloria & Barry H. Garfinkel Fund (1986) Barbara Gauntlett Scholarship Funds (1986) Paul Edward Gay Fund (1990) Benjamin & 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. & Timothy M. George Charitable Fund (1986) Jacques A. Gerard Fund (1987) Pierce Gerety Memorial Fund (1998) GIA Fund (2010) Clara A. Gierisch Fund (1975) Clarence H. Gifford Funds (2008) John N. & Gillett A. Gilbert Family Fund (1999) Elena Gildersleeve Fund (1982) Stephen Gillen Family Fund (2004) 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) Gleason Family Fund (2008) Robert J. Glenn Memorial Fund (1974) Rose N. Glenn Memorial Fund (1990) Richard & Barbara Ziet Glickman Fund (2007) Madeline Shobrys Glosten Fund (1999) Goins Family Fund (2003) *Charlynn and Warren Goins Fund (2015) Steven & Jan Golann Fund (1998) Rita & Herbert Z. Gold Education Fund (1993) Gold-Schiff Fund (1994) Golden Family Fund (1992) Jacob & Helen Goldfein Fund (2009) Goldman Schachar Charitable Fund (2006) Diane Goldman Fund (2008) Jane & Budd Goldman Charitable Gift Fund (2010) Jack Goldring Fund (1986) Judith Goldring Fund (2014) Oliver and Barbara Goldstein Charitable Fund (2007) Patricia & Bernard Goldstein Fund (1985) Good Samaritan Fund (1993) Maurice & Georgine Goodman Fund (1998)

Roger & JoAnn Goodspeed Fund (1986) Goodwin Family Fund (1999) Everett F. & Ann P. Gordon Memorial Fund (1991) Gail Gordon Charitable Fund (2011) Gail Gordon Fund (2000) William J. Gossen Fund (1985) Josh Gotbaum & Joyce Thornhill Fund (1991) Lee Gottlieb Fund (2005) Deborah Gottlieb-Shapiro Family Fund (2006) Lynda Gould Fund (2006) Gouverneur Hospital Fund (1958) *Grabe Family (2015) Eugen Grabscheid Fund (1992) Howard E. Grace Fund (1998) Maggie & Gordon Gray Family Fund (1998) Grandchildren of Fred & Florence Thomases Fund (1999) Green Fund (1985) Lawrence & Barbara Green Fund (2005) Leonard M. Greene Memorial Fund (2009) Orland S. & 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) W. R. Gruver Fund (1986) GSLW Fund (2007) Rudolph Guenther Fund (1977) Sydney A. Guggenheimer Memorial Fund (1949) Sarah G. Gund Fund (2005) Gwertzman Family Fund (2004)

H

Leopold Haas Fund (1984) Katherine & Morris Hadley Trust (1968) Horace & Amy Hagedorn Fund (1995) Emil & Zerline Hahnloser-Richard Bak Fund (1975) Hajim Family Fund (1983) Halcom Family Fund (2014) Luke Halpin Memorial Scholarship Fund (2002) Carol D. and S. Sutton Hamilton Charitable Fund (2003) Hamond Family Fund (2013) Mike Handy Memorial Fund (2003) Lola G. Hanna Fund (1995) Gwenda & John Hanson Fund (1986) Lee Hanson & Don Scherer Fund (1986) 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 & Chelsea Harris Memorial Fund (1996) Jeff & Judy Harris Fund (2003) Katharine S. Harris Fund (1965) Kim and Alan Hartman Fund (2006) Alana Hassan Fund (2009) Hastings Peace & Justice Fund (1993) Haupt Family Fund (2000) Harry & Eugénie Havemeyer Fund (2001) Hawk’s Nest Fund (2000) Steve Hayden Fund (2004) Hayes Family Fund (1996) Ralph Hayes Memorial Fund (1968) Constance Laibe Hays Journalism Fund (1994) Thomas Healy & 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)

Hejaz Tree Conservation Fund (2007) Huyler C. Held Memorial Fund (2013) Hemlocks Fund (1978) Paul & Ann Henegan Fund (1986) Ruth Hennig Fund (2003) Lucy Henning Memorial Fund (1995) Lucy & George Henning Fund (1974) Alexander S. Henry, Sr. & Ann S. Henry Memorial Fund A (1989) Alexander S. Henry, Sr. & Ann S. Henry Memorial Fund B (1995) Doris & Milton Hepner Fund (2000) Herbster Family Fund (1990) Frances A. Hess Fund (2005) Don & Marilyn Berger Hewitt Fund (1998) Leo & Ethel Heymann Memorial Fund (1954) Murray Hidary Fund (1998) High Exposure Fund (1993) High School of Commerce, Class of 1911 Scholarship Fund (1967) Ann & Leon Himelberg Fund (2006) Hintz Family Fund (1991) 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 (2003) Mary & David Hoar Trust for the Honor & Glory of God (1975) Rita & Irwin Hochberg Charitable Fund (1982) Hodgson Fund (1995) John J. Hoffee Fund (1996) Hoffman Fund (2011) Gloria & Joel S. Hoffman Fund (2001) Jane & Michael Hoffman Charitable Gift Fund (2003) Marion O. & Maximilian E. Hoffman Fund (1984) Peter and Daphne Hoffman Donor Advised Fund (2006) Lillian & William Hoffmanns Fund (1990) Holmén Family Fund (2002) Britt Holmén Family Fund (2002) Mark Holmén Family Fund (2002) Homeless Outreach & Assistance Fund (1997) Ettie Chin Hong Fund (2006) Katie Danziger Horowitz & Steven G. Horowitz Family Fund (1995) John & 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 (2007) Lisette Verea Ruegg Hunter Funds (2011) Mildred K. Hurson Fund (2003) Hyatt Family Fund (2008) Rene K. & Samuel M. Hyman Memorial Fund (1978)

I

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

J

J B Fund (1985) Attillo & 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 Fund No. 1 & 2 (1927) Jamestown Fund (1990) Warren S. & 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) Kayce Freed Jennings Fund (2007) Jenny-Hiteshew Fund (1994) Elise Jerard Environmental & Humanitarian Trusts (1981) JM Legacy Fund (2000) Harry J. & Teresa H. Johnson Graduate Scholarship Funds (1987) Harry J. & Teresa H. Johnson Undergraduate Scholarship Funds (1983) Laura & 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) Stanley Josephson Fund (2005) JPMorgan Chase Fund (2011) JQW Fund (2006) JTS Fund (2011)

K

*Eleanor Kagan Fund (2015) Daniel Kaizer and Adam Moss Fund (2014) KAL 007 Victims Memorial Fund (1988) Susan Grant Kaplansky Fund (2001) Barbara & William Karatz Fund (1986) Hagop, Arousiag & Arpy Kashmanian Scholarship Fund (1999) Robert A. Kasner Fund (2005) Jonathan Ned Katz Fund (2008) Judy Katz/Oren Rudavsky Fund (1996) Glenn & 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 & Selma Kaye Fund (1994) Hamilton F. Kean Fund (1985) Kearney Family Fund (2004) Allan & Margaret Keene Charitable Fund (2013) Robert Prior Kehoe Fund (1974) Richard Keim Family Fund (1983) William Wilson Kelchner Memorial Fund (1972) Peter L. Kellner Fund (1986) Kelner Family Fund (1996) Carl & Doris Kempner Fund (1996) Michael C. Kempner Fund (1997) Kenary Fund (2004) Kenilworth Fund (1970) Kenner-Smith Family Fund (2007) Gilbert & 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) Edward & Edith H. Klauber Fund (2013) Edith & Jules Klein Fund (2012) John C. Klein Trust (1981) Morris Kligman Memorial Fund (2000) Alan & Kathryn Klingenstein Family Foundation Fund (2013) Knopp Family Fund (2010) Jane & Richard Koch Fund (1987) KOKORO Fund (2004) Kona Family Fund (2014) Korda Fund (1990) Dr. Joseph M. & Grace Koreen Micha Scholarship Fund, Israel (1986) 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 (2007) Elaine & Alison Kranich Fund (2011) Sydney & Marjory Krause Fund A (2003) Sydney and Marjory Krause Fund B (2003) Sydney and Marjory Krause Fund C (2003) Michael & Patricia Kraynak Fund (1986) Eileen S. Krill Fund (2007) Susan J. Kropf Fund (2002) Mark Krueger Charitable Fund (2004) Bernie & Lydia Kukoff Fund (2005) Wheaton B. Kunhardt Fund (1949)

L

Lachance Family Charitable Fund (2003) Benjamin V. & 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 & 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. & Stanley S. Lasdon Fund (1984) David Lawrence Fund (2000) Blanche E. Lawton Fund (2009) Le Veque Memorial Foundation (1948) Charles Henry Leach II Fund (2013) Ledges Fund (1996) Lee Family Chinese Immigrant Education Fund (2001) Leede Family Fund (1996) Jeffrey R. & 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. & Jewel I. Lehmann Fund (2010) Delia & Artemio León Fund (1997) *Anne Leonhardt Fund for the Needy (2015) Frederick H. Leonhardt Fund (1979) Leonia High School Class of 1979 Entrepreneurship Scholarship Fund (2001) Reba Q. Lerch Fund (1971) Ursula Lerse Fund (2010) Betty & John A. Levin Fund (1998) David P. & Peggy Levin Fund (1995) Dustin Levine Fund (2000)

ANNUAL REPORT

51

FUNDS IN 2015 Ellen Levine Fund for Writers (2007) Robert & Patricia Levinson Fund (1985) Jacob Levy Fund (1990) Hunter Lewis Fund (2012) Wadsworth Russell Lewis Trust Fund (1989) Lichstein Family Fund (1992) Lichtenstein-Miller Fund (1994) Barbara & Richard Lieberman Fund (1979) *Claire Lieberwitz and Arthur Grayzel Theatre Fund (2015) Robert & Janet Liebowitz Fund (2013) Dawn Lille Dance Award Fund (1994) Ken Lin Fund (2002) Robert & Maria Lin Fund (1992) Linden Memorial Fund (1994) Adolf G. & Eloise Linden Scholarship Fund (1995) Alexander & Ella Lindey Fund (1991) Lindgren Family Fund (1999) George N. & Mary D. Lindsay Fund (1996) *David F. and Dorothy W. Linowes Philanthropic Fund (2015) Linwood Fund (1983) Lion & 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. & 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 (2006) 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 & 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 (2006) Lynford Family Fund (1988) Amelia & George Lyons Memorial Fund (1994)

M

M & N Fund (2000) Clara L. Macbeth Funds (1977) Nancy G. & C. Richard MacGrath Fund (1996) Ralph and Susan Mack Charitable Fund (2008) Afifie & Richard Macksoud Foundation (1975) Lloyd F. MacMahon Fellowship Fund (1989) John D. Macomber Fund (1999) Edith Carpenter Macy Memorial Fund (1926) *Susan Madden Fund (2015) Wilson H. Madden, Jr. Fund (1993) Brian & Florence Mahony Fund (1997) Major Fund (1971) Maldonado Fund (2007) Thomas G. Malone Donor Advised Fund (2009) Terry & Arielle Maltese Fund (1998) Manheim Fund (2011) Mann-Wheeler Fund (2010) Anthony Mannucci Fund (2014) Mark Mannucci Fund (2014)

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Jan W. Mares Fund (1978) Mark Family Fund (1986) Glenn Markman Memorial Fund (2014) Alison Billie Marks Fund (1993) Alison Billie Marks Fund No. 2 (2012) Dora, Edythe K. & Sylvia Marks Family Fund (1999) Dorothy Marks Fund (1997) Royal S. Marks Foundation Fund (1992) Lory & Carol Marlantes Family Charitable Fund (2005) Marlin-van Stockum Fund (1995) Alfred J. Marrow Fund (1974) Erika and Peter Marsh Charitable Fund (2008) Patricia T. Marshall Fund (1998) Donald and Amanda Martocchio Fund (2008) Vincent James Mastronardi/Thomas J. Fahey Memorial Fund (1993) Mathews Fund (2012) MacDonald Mathey Fund (2001) Mathys Fund (2000) Michael & Paula Maturo Family Fund (2005) 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 & Edwin D. McArthur Fund (1999) McCaffrey Family Fund (1985) McClendon Fund (1999) Cyrus McCormick & Florence S. McCormick Memorial Fund (1995) Colonel & Mrs. Henry Bayard McCoy Memorial Fund (1957) Ruth McCreary Fund 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. & Jean C. McIlwain Fund (1995) Mark McInerney Fund (1986) Victor & Dorothy McIntosh Fund (2013) Dave McKennan Memorial Fund (2003) Isabel C. McKenzie Fund (1952) Kate McLeod & Jerry Flint Fund (2013) Janet H. McPherson Memorial Funds 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 & Evelyn Scott Merz Memorial Fund 1 & 2 (1984) Merz Supplemental Fund (1986) Albion & Natalie Metcalf Fund (2010) Meyer Family Fund (2008) Helen F. & 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) Moore Family Fund (1994) AF Moore Fund (2010) Anne L. Moore Fund (2010) Anne Moore & Arnold Lisio Fund (2008) Barbara F. & Richard W. Moore Fund (1997) Deborah W. & Timothy P. Moore Fund (2007) Elisabeth Moore Fund (2010) Meredith C. Moore & 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) Morgan-Baker Fund (2014) Marie Morgello Book Fund (1993) Jenny Morgenthau & Eugene R. Anderson Fund (1992) Morningside Retirement & 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 & Lucy Moses Fund (2011) Hanna & Jeffrey Moskin Family Fund (1997) Sam & Fanny Moskowitz Fund (1986) James Mossman Fund (2000) Daniel Motulsky & Caitlin Pincus Fund (2006) Mount of Olives Fund (1989) Frieda Mueller Fund (1981) Suzanne C. & 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 (2008) Alexandra Munroe Fund (2002) Munson Foundation (1978) Marjorie Oatman Munson Memorial Fund (1980) Murphy Prospect Fund (2014) Thomas W. & Florence T. Murphy Fund (1984) Thomas W. Murphy, Jr. Fund (2011) Virginia Murphy Memorial Scholarship Fund (1954) William and Janice Murphy Charitable Fund (2003) 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. & 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 & 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 & 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) Nancy A. Newman Fund (2012) Rev. and Mrs. R. Heber Newton Fund (2006) Hally & 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 & Terry O’Brien Fund (2002) Sheila J. O’Connell Advised Fund (1999) Sheila J. O’Connell Fund (2007) A.P.J. O’Connor Fund (1996) Robert K. & Jean O’Connor Fund (1979) Thomas and Maureen O’Connor Fund (2007) William B. O’Connor Fund (1996) Elizabeth and Brian O’Kelley Charitable Fund (2007) Charles R. O’Malley Fund (2009) Frederick J O’Meally Charitable Fund (2006) Oak & Acorn Fund (2000) Dennis Oakes and Debra Rahn-Oakes Fund (2006) Oasis Fund (1984) Octagon Fund (1978) Mary P. Oenslager Foundation Fund (1996) Abraham Oestreicher Fund (1972) OF International LGBT Rights Donor Advised Fund (2013) Mary F. Ogorzaly Fund (2014) Bilge Ogut-Cumbusyan Achievement Fund (2007) 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 & 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/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 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/Uroboros Fund (2012) Overbrook Family Advised Funds 1-3 (2012) Overbrook Oceans Conservation Group Donor Advised Fund (2012) Overlook Fund (1971) Owen Fund (1986) Edward Oxenberg Fund (2014)

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 & 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. & Lola G. Payne Fund (1994) Barbara & Morris B. Pearl Fund (2012) Pedowitz Family Fund (1999) Peltier Family Fund (2010) Peltier Fund (2009) Pennies from Heaven Fund (2001) Pennoyer Fund (2014) Penobscot Fund (1993) *Peppercorn Fund (2015) Donald & Miriam Marya Perkins Charitable Fund (1989) Perlman Philanthropy Fund (2009) Dorothy Perlow Fund (1996) Jacob Perlow Memorial Fund (1983) Irene Peron Fund (2000) CB Perrette Fund (1999) Virginia & 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 Fund (1977) Peter G. Peterson & Joan Ganz Cooney Fund (1980) Steven C. Peterson Foundation Fund (2012) Seymour & Beverly Peyser Fund (1986) Stowe and Charlton Phelps Charitable Fund (2014) Phil Fund (2001) Hal Philipps Fund (2003) Kenneth A. & 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 & Nora Piore Fund (2002) Emanuel & Nora Piore Memorial Fund (2002) John Polachek Fund (1958) Samuel S. & Anne H. Polk Charitable Fund (2000) Sam & Anne Polk Family Fund (2006) Maxwell A. Pollack Fund (1986)

Leo L. Pollak Memorial Fund (1984) Helene Pomerantz Memorial Fund (1991) Robert & Ellen Popper Scholarship Fund (2010) Amy & 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 & Thomas Pringle Memorial (1957) Robert & Ilse Prosnitz Fund (1999) Publishing Triangle Literary Fund (2004) *Publishing Triangle New Voices Fund (2015) 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 & Hearing Center Fund (1999) Alan G. Quitko Fund (1997)

R

Rabinowitz Family Fund (2012) Racek-Dowicz Fund (2013) Radin Family Fund (2005) R.A. Radley Fund (1994) Ragin Family Fund (2002) *Rahm Family Fund (2015) Raiziss/de Palchi Translation Award Fund (1994) Neera & Deepak Raj Fund (2007) 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) Rawlings Family Fund (2008) Rawson Family Fund (2010) RDG Zabel Fund (2011) Reach Fund (2007) Jeanne & 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. & 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 (2007) Cordelia & David Reimers Fund (2002) Rudyard & Emanuella Reimss Memorial Fund (2001) Reingold Family Fund (2000) Jerilyn Hayes Reiter Memorial Scholarship Fund (2001) Remaley deBary Charitable Trust Fund (2012) Rembrandt Fund (1977) Eugene H. & Patricia C. Remmer Fund (1986) Remo Fund (2009) Karl F. Reuling Fund (1993) Louis & Mary Reusché Fund (2012) Reynwood Fund (1986) R. Rheinstein Fund (1999) Audrey Rheinstrom & Anne Blevins Fund (2003) Rhodebeck Central Park Conservancy Fund (1999) Rhodebeck Fund for the Elderly (1989) Rhodebeck Fund for the Homeless (1989) Rhodebeck Fund for St. George’s Society of New York (2001) Rhodebeck Prospect Park Fund (2005) Richard & Mildred T. Rhodebeck Fund (2012) Grantland Rice Fellowship Fund (1951) Marion & George Riley Fund (1968) Rinaker Family Fund (1983) Henry P. Riordan Fund (1990)

ANNUAL REPORT

53

FUNDS IN 2015 James & Gloria Riordan Fund (1983) Jordan Carlson Riordan & James Quentin Riordan III Memorial Fund (2003) Rippe Family Fund (2001) Virginia S. Risley Family Fund (1995) Virginia S. Risley Fund (2004) Rita Fund (2008) RME Fund (2007) RMT Family Fund (2010) Emilie D. Robb Fund (1938) Patricia & Yves Robert Fund (1998) Roberts Family Fund (1999) Robinson-Morrill Fund (1992) Barbara Paul Robinson & Charles Raskob Robinson Fund (1996) Marguerite P. Roche Fund (1972) Laura Spelman Rockefeller Memorial Fund (1928) Mary French Rockefeller Fund (1997) Rogers Family Fund (1995) Sarah & Harry Rogers Fund (1994) Dr. Joseph Richard Rongetti Scholarship Fund (1996) Hugh and Katherine Roome Charitable Fund (2003) Curtis Roosevelt Fund (1989) Jonathan F.P. Rose & Diana Calthorpe Rose Fund (1996) Richard Rose Fund (1981) Rose/Margulies Fund (1997) Jack & 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 & Training Fund (2000) John P. Rosenthal Fund (1973) Rosenthal-Schneier Fund (2009) Ida Ross Memorial Fund (1986) Lila & Arnold S. Ross Charitable Fund (2000) Clara Lewisohn Rossin Trust (1949) Robert & Amy Rothman Family Fund (2007) Steven & Barbara Rothman Fund (2011) Edmond de Rothschild Fund (2000) Lynn Forester de Rothschild Fund (2002) Roxbury Fund (1997) RSVP—For the Children Fund (2006) Lisa Cordell Rubin Fund (1995) Paul and Pam Rubin Family Fund (2007) Robert E. and Judith O. Rubin Fund (2014) Samuel N. & Charlotte Rubin Fund (1996) Frederic A. & 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 & 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. & Lillian V. Saake Memorial Fund (1994) Daniel Saccomanno Fund (1996) Bonnie & Peter Sacerdote Family Fund (1975) Samuel Sacks Funds (1975) Safer-Fearer Fund (1998) Nola Safro Fund (2011) Dr. Abraham & Shirley Saifer Fund (1992) David G. Salten Fund (2007) Nathan & Nancy Sambul Fund (1997) *Flossie Samuels Fund (2015) Stacey Sanders Fund (2001) Sarah A. Sanford Fund (1949) Linda U. Sanger Charitable Fund (1999) Louis & Carolyn Sapir Family Fund (1998) Matthew P. Sapolin Fund (2011)

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Sare-Krevolin Fund (2012) Michael Sasse Charitable Fund (2001) James & Sarah Scanlon Fund (2003) Brigitte Holmen Schattenfield Family Fund (2002) Dossie Schattman Fund (2007) Marielle J. Scheff Fund (2002) Robert & Mae Scheff Fund (2007) Scheide Fund (1971) Schein Family Memorial Fund (1987) Henry Schein Inc., Company Fund (2003) Ruth & 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 & Edith Schneider Memorial Fund (1949) Schneiderman Family Fund (1994) Estella J. Schoen Charitable Fund (2012) Anna E. Schoen-René Fund (1942) Frederick K. Schoff & 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 (2007) Gail Aidinoff Scovell & Edward P. Scovell Fund (1986) Sea Cliff Fund (1986) Seal Point Foundation (1966) Sealion Charitable Fund (1998) Selby/Vail Fund (2001) Selig Family Fund (2009) Mamie Seller Memorial Fund (1978) Jerome & Joan Serchuck Fund (1971) Serena Foundation Fund (2010) Alfred M. Serex Fund (1999) Severinghaus Fund (2011) J. Walter & 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) Jack & Dorothy Shulman Memorial Fund (1984) *Shyer Vision Fund (2015) Anne P. & Constantine Sidamon-Eristoff Fund (2007) Catherine & 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 & Samuel Silberman Grant Fund (1992) Ruth & Marvin Silberman Memorial Fund (1967) Al & Rosa Silverman Fund (1994) Alan Silverman Charitable Fund (2004) Lynn Silverman Family Fund (2006) Marty & 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)

Skilen Fund (1996) Skipjack Fund (2006) Charitable Fund of Law Offices of Regina Skyer & Associates (2012) Randy Slifka Philanthropic Fund (2006) *Adele Slutsky Memorial Fund (2015) Bowen & Janet Smith Family Fund (2012) Deborah A. Smith Fund (1986) Jacqueline & 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) Solow Foundation Philanthropic Fund (1988) Abe, Lena & Irin Soskis Memorial Funds (1984) Fernando Soto, Jr. Fund (2000) Alireza Soudavar Fund (1986) Mammadi Soudavar Memorial Fellowship Fund (1982) Patricia & Michael Sovern Fund (2003) Rose M. Soybel Rose Garden Fund (1997) Carol & 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 & Stripes Fund (1988) Betty J. Stebman Fund (2003) Ellen & David Stein Fund (2009) Steinberg Charitable Fund (2005) Albert & Marie Steinert Fund (1991) Stemland Family Fund (1991) Stephens Bequest (1942) Sterling Fund (1985) Douglas Stern Philanthropic Fund (2007) 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) 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 & Mark Gallogly Charitable Fund (2010) Stronach-Buschel Fund (1995) Carole Stupell Travel Award Program (2003) Subramanian Family Fund (2013) Sunlight Fund (2009) Billy Sunshine Memorial Scholarship Fund (1985) Surrogate’s Court Fund (1991) John & Mary Suydam Family Fund (2007) R. Swayze Gay & Lesbian Youth Fund (1996) John & 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 & Jay Talbot Fund (2009) James Talcott Fund (1974) Helen S. Tanenbaum Award Fund (2004) 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. & 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) Thomas Street Fund (2014) Marvin & Doris Thomas Fund (1996) Suzanne Thompson Fund (2007) Judith Dana Thorne Fund (1990) Nathan C. and Margaret Y. Thorne Fund (2004) Nathan & Nicholas Thorne Fund (2003) Olaf J. & Margaret L. Thorp Fund (1987) Three Ninety Fund (1972) 316th Association Memorial Fund (1994) 316th Infantry Monument Fund (1969) Jane M. Timken Charitable Fund (1987) Tobacco Pink Fund (1977) Carol H. Tolan Fund (1997) Nathaniel & Sarah Tooker Fund (1972) Susan M. Topiel Memorial Fund (2014) Tor Family Fund (1999) Arnold & 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) Ruth Hung-Fang Tung Memorial Fund (2011) Turner Fund (1999) Christopher Turner & Tracy Turner Charitable Fund (2005) 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 (2003) Marjorie & Clarence E. Unterberg Foundation, Inc. Fund (2012) Up-town Fund (2008)

V

Vacolo Fund (2000) Gilad Vaday Fund (2000) Anne van Biema Fund (1996) van Hengel Family Fund (1980) Edward & Sally Van Lier Fund (1988) Lottie Grace Vanderveer Fund No. 1 & 2 (2003) Nancy Veith Fund (2003)

Rudolf & 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 & Thai Thi Tam Memorial Fund (2004) David & Johanna Voell Family Fund (2001) Gregory & Elyzabeth Voell Family Fund (2001) Jeffrey & 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

Michael and Marcy Wade Family Fund (2006) Marian Marcus Wahl Memorial Fund (1985) Wainwright Fund (2012) Bayard Walker, Jr. Charitable Fund (2003) Christina Walker Fund (2003) J. Miller Walker Fund (2005) Walker-Pratt Family Fund (2003) Wallace Special Projects Fund (1991) DeWitt Wallace Fund for Youth (2008) Frederick J. & Theresa Dow Wallace Fund (1977) Lila Acheson Wallace Fund for the Arts (1984) Theresa Dow Wallace Scholarship Fund (1975) Waller-Davidson Fund (1980) John J. Walsh Fund (2012) Anthony W. & Lulu C. Wang Fund (1996) N.T. & Mabel Wang Charitable Fund (2004) Moritz & Charlotte Warburg Memorial (1925) Elizabeth and Andrew Ward Charitable Fund (2006) David Warfield Funds (1951) David & Mary Warfield Funds (1973) Mary Warfield Fund (1971) Bradford A. & 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 (2010) Weber Family Fund (2002) Damon Weber Fund (2005) Weigel Family Fund (1999) Weil Bauchner Family Fund (2014) Alex E. Weinberg Fund (2007) Edna & Frederick Weingarten Fund (1984) Seymour & Kathleen Weingarten Fund (2005) Seymour & Rose Weinstock Fund (1999) Weintz Family Foundation (1980) Weintz Family Fund (1995) Mabel W. Weir Trust (1978) Raphael and Julia Weis Fund (2011) Nathan H. Weiss Memorial Fund (1999) Rebecca & Nathan Weiss Fund (1997) WellMet Group Fund (1999) William E. Welsh Jr. Family Fund (1978) West End Road Fund (1988) Herbert B. West Fund (1989) Florence & 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) Wiccopee Fund (1986) *Barbara E. Wiedemann Fund (2015) Mary L. Wiener/Sanford M. Cohen Fund (1986) Carleton Wiggins & Donald Bain Trust (1982) Donna Bain Wiggins Trust (1982)

Robert O. Wilder Fund (1989) Mason Wiley Memorial Fund (1995) Cynthia & Alan Wilkinson Fund (2003) Henry K. S. Williams Trust No. 1 (1944) Henry K. S. Williams Trust No. 2 (1944) Mildred Anna Williams Fund (1940) Oscar Williams & 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 & Richard Witkin Family Fund (1988) Joanne Witty & Eugene Keilin Fund (1986) Wolf Baumer Fund (2013) C. Theodore Wolf & Francis X. Decolator II Fund (1996) Wolfe Inadomi Fund (2007) 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) Thomas and Maureen Wright Family Fund (2005) 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. & Lizora M. Yonce Fund (1986) H. R. Young & Betty G. Young Fund (1979) Nancy Young & Paul B. Ford, Jr. Fund (1986) Thomas & Elsie Young Fund (2000) Stephane Yulita Children’s Fund (1989) Stephane Yulita & Inge Kadon Fund (2000)

Z

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

ANNUAL REPORT

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GRANTS IN 2015 This list includes some of the thousands of nonprofits we fund. These groups received more than $25,000 in 2015—including competitive grants recommended by our staff, and those suggested by advisors of individual funds. (Not shown: 4,398 grants of $25,000 or less.) Groups are in New York State unless otherwise indicated.

A

A Better Balance: The Work and Family Legal Center, $75,000 Kyle Abraham/Abraham.In.Motion, $61,000 Academy of American Poets, $28,375 Actors Fund of America, $106,550 Adaptive Design Association, $160,000 Adelphi University, $107,000 Adirondack Foundation, $260,250 Adventure Unlimited (Colo.), $306,000 Advocates for Children of New York, $270,000 African Communities Together, $55,000 Africare (D.C.), $50,000 Agenda Project, $62,500 Aging in New York Fund, $193,000 AHRC Foundation of Nassau County, $42,500 Alvin Ailey Dance Foundation, $47,500 Albert Einstein College of Medicine, $154,000 Alfred State College Development Fund, $50,000 Alliance to Protect Nantucket Sound (Mass.), $80,500 Alliance for Quality Education, $105,000 Alliance of Resident Theatres/New York, $152,000 Almost Home Animal Rescue, $55,000 Alzheimer’s Disease and Related Disorders Association (Ill.), $53,210 Amazon Conservation Team (Va.), $42,000 American Associates of the National Theatre, $34,600 American Civil Liberties Union Foundation, $35,450 American College of Nutrition (Fla.), $50,000 American Dance Machine for the 21st Century, $50,000 American Federation of Arts, $50,000 American Foundation for AIDS Research, $32,500 American Friends of the Hebrew University, $58,750 American Friends of Georgia (Mass.), $45,000 American Friends of the Rabin Medical Center, $50,250 American Friends Service Committee (Pa.), $30,250 American Friends of Tel Aviv University, $47,750 American Heart Association, $411,830 American Jewish Committee, $145,775 American Jewish World Service, $74,550 American Museum of Natural History, $217,250 American Nutrition Association (Ill.), $250,000

American Red Cross Greater New York Region, $146,210 American Society for the Prevention of Cruelty to Animals (D.C.), $55,200 American University (D.C.), $29,500 American University of Beirut, $35,000 Amherst College (Mass.), $229,500 Amor Artis, $30,000 Animal Medical Center, $28,000 Animal Rescue Fund of the Hamptons, $33,375 Animal Rescue New Orleans (La.), $90,000 Antarctic and Southern Ocean Coalition (D.C.), $30,000 Anti-Defamation League, $41,400 Appalachian Citizens’ Law Center (Ky.), $70,000 Appeal of Conscience Foundation, $50,000 Archdiocese of New York, $95,300 Ark Animal Shelter (Maine), $35,000 Arkansas Community Foundation, $124,375 Arthritis Foundation, Northeast Region, $47,500 Arthur Ashe Institute for Urban Health, $60,000 Asian American Arts Alliance, $155,000 Asian Cultural Council, $26,000 Association of the Bar of the City of New York Fund, $181,250 Association for Neighborhood and Housing Development, $65,000 Astraea Lesbian Foundation for Justice, $51,000

B

B Lab Company, $50,000 Leo Baeck Education Center Foundation (Tex.), $50,000 Ballet Theatre Foundation, $131,180 Bank Street College of Education, $301,750 Bard College, $40,790 Barium Springs Home for Children (N.C.), $67,020 Barnard College, $179,500 Bernard M. Baruch College of CUNY, $471,000 Baruch College Fund, $230,150 Bay Shore Schools Arts Education Fund, $30,000 Bay Street Theatre Festival, $27,250 Beam Center, $50,000 Vivian Beaumont Theater/Lincoln Center Theater, $40,500 Becket Athenaeum (Mass.), $112,700 B.E.L.L. Foundation (Mass.), $120,000 Bennington College Corporation (Vt.), $35,500 Bhutan Foundation (D.C.), $51,000 Big Apple Circus, $127,250 BlueGreen Alliance Foundation (Minn.), $100,000 Blythedale Children’s Hospital, $26,500 Bnos Bais Yaakov of Far Rockaway, $100,000 Boston College (Mass.), $34,725 Boston Foundation (Mass.), $50,000 Boston Symphony Orchestra (Mass.), $75,000 Boston University (Mass.), $31,650 Bowdoin College (Maine), $31,000 Bowery Residents’ Committee, $29,000 Boy Scouts of America, Greater New York Councils, $133,090

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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Boys’ Club of New York, $72,200 Boys Town Jerusalem Foundation of America, $95,325 Brandeis University (Mass.), $38,055 Break the Cycle (Calif.), $40,000 Brearley School, $65,000 Breast Cancer Research Foundation, $126,250 Brennan Center for Justice, $35,500 Bridge Fund of New York, $623,000 Bridge Fund of Westchester, $55,500 Bridgehampton Child Care and Recreational Center, $30,250 Broad Institute (Mass.), $100,000 Broadway Cares/Equity Fights AIDS, $28,250 Bronx Center for Science & Mathematics, $48,500 Bronx Council on the Arts, $82,000 Bronx County Historical Society, $39,000 Bronx River Alliance, $90,000 BronxWorks, $251,000 Brookings Institution (D.C.), $680,000 Brooklyn Academy of Music, $163,185 Brooklyn Alliance, $100,000 Brooklyn Botanic Garden Corporation, $40,800 Brooklyn Defender Services, $65,500 Brooklyn Historical Society, $176,000 Brooklyn Movement Center, $60,150 Brooklyn Museum, $179,940 Brooks School (Mass.), $56,000 Brown University (R.I.), $311,000 Brunswick School (Conn.), $310,000 Buckley Country Day School, $58,500 Bucknell University (Pa.), $67,500 Carter Burden Center for the Aging, $108,500 Jacob Burns Film Center, $111,170 Business Forward Foundation (D.C.), $50,000 Business Outreach Center Network, $70,000

C

Cabrillo College Foundation (Calif.), $40,000 Calhoun School, $27,000 California Community Foundation, $889,558 Calvary Hospital, $38,000 CAMBA, $190,000 Cambridge School of Weston (Mass.), $500,000 Campaign for Atlantic Offshore Wind (Va.), $125,000 Campaign for Strong Communities, $110,000 Cancer Care, $716,300 Canine Companions for Independence (Calif.), $45,000 Canterbury School (Conn.), $51,250 Caramoor Center for Music and the Arts, $74,710 CARE USA Northeast Region, $34,840 Career Transition for Dancers, $79,500 Carnegie Endowment for International Peace (D.C.), $100,000 Carnegie Hall, $423,400 Carthusian Foundation in America (Vt.), $115,530 Case Western Reserve University (Ohio), $40,000 CAST Resources (Mass.), $365,000 Catholic Charities of the Archdiocese of New York, $28,500 Catholic Charities Community Services, Archdiocese of New York, $94,900 Catholic Relief Services of the U.S. Catholic Conference (Md.), $252,080 Catholic Schools Foundation (Mass.), $100,000 Caumsett Foundation $28,500 Cause Effective, $51,489 CDC4G Working Group, $65,000 Celebrate Life Cancer Ministry (Calif.), $30,000 Center for American Progress (D.C.), $200,000 Center for Anti-Violence Education, $40,000

Center for Arts Education, $62,250 Center for Change & Safety, $40,000 Center for Children’s Initiatives, $60,000 Center for Constitutional Rights, $111,500 Center for Early Education (Calif.), $34,000 Center for Economic Opportunity, $302,000 Center for Employment Opportunities, $150,000 Center for Maine Contemporary Art, $71,000 Center for New Community (Ill.), $120,000 Center for New York City Neighborhoods, $70,000 Center of Theological Inquiry (N.J.), $100,000 Center for Urban Community Services, $104,500 Central Park Conservancy, $655,420 Central Synagogue, $38,000 Chamber Music Society of Lincoln Center, $32,160 Change Capital Fund, $100,000 Chapin School, $34,850 charitySTRONG, $35,150 Chashama, $100,500 Chicago Community Trust (Ill.), $424,493 Chief Executive Leadership Institute of the Yale School of Management (D.C.), $100,000 Child Care and Early Education Fund, $50,000 Child Mind Institute, $142,750 Children’s Aid Society, $279,040 Children’s Foundation of Memphis (Tenn.), $67,020 Children’s Health Fund, $55,000 Children’s Museum of Manhattan, $87,000 Children’s Rights $157,250 Chinese-American Planning Council, $190,000 Choate Rosemary Hall Foundation (Conn.), $52,300 Christodora, $105,280 Church of the Heavenly Rest, $263,000 Church of the Messiah, $31,500 Citizens’ Committee for Children of New York, $38,800 Citizens Committee for New York City, $153,000 Citizens Crime Commission of New York City, $205,000 Citizens Housing and Planning Council of New York, $90,000 Citizens Union Foundation of the City of New York, $35,000 City Harvest, $178,650 City Limits, $50,000 City Parks Foundation, $236,010 City Seminary of New York, $120,000 City University of New York, $265,000 City University of New York, Graduate Center $232,215 City University of New York Graduate School of Journalism, $35,000 City of White Plains, $120,000 Citymeals-on-Wheels, $83,151 Civic Consulting NYC, $150,000 Civil War Preservation Trust (D.C.), $138,000 Claremont Neighborhood Centers, $250,000 Classical American Homes Preservation Trust, $100,000 Classical Theatre of Harlem, $105,000 The Classroom, $35,000 Clean Production Action (Mass.), $75,000 Clean Water Fund (D.C.), $100,000 Climate Parents (Calif.), $100,000 Clubhouse International, $66,000 Coalition for the Homeless, $88,850 Code for America (Calif.), $50,000 Code/Interactive, $50,000 Cold Spring Harbor Laboratory, $165,660 Colel Chabad, $50,000

Colgate University, $71,805 Collaborative for Children and Families, $100,000 College & Community Fellowship, $120,000 College of the Atlantic (Maine), $53,600 College of Saint Elizabeth (N.J.), $116,530 Collegiate School, $85,750 Colorado State University, $400,000 Columbia Land Conservancy, $30,500 Columbia University, $1,550,100 Columbia University, College of Physicians and Surgeons, $331,760 Columbia University, Graduate School of Journalism, $588,710 Columbia University, School of Law, $113,000 Coming Clean (Vt.), $75,000 Committee to Protect Journalists, $30,000 Common Cause Education Fund (D.C.), $110,500 Community Access, $30,000 Community Food Advocates, $50,000 Community Foundation of New Jersey, $3,607,745 Community Health Action of Staten Island, $95,000 Community Health Care Association of New York State, $150,500 Community Healthcare Network, $100,000 Community Resource Exchange, $50,500 Community Rowing (Mass.), $50,000 Community Service Society of New York, $130,750 Community Voices Heard, $130,000 Community-Word Project, $55,500 Concern Worldwide U.S., $45,000 Concert Artists Guild, $50,650 Congregation Emanu-El of the City of New York, $40,100 Congregation Rodeph Sholom, $43,800 Connolly Ranch (Calif.), $65,000 Cool Culture, $174,500 Cooper Hewitt, Smithsonian Design Museum, $52,500 Cooper Square Community Development Committee & Businessmen’s Association, $60,000 Cooper Union for the Advancement of Science and Art, $48,000 Copland House, $30,500 Cornell University, $316,639 Coro New York Leadership Center, $105,000 Correctional Association of New York, $29,500 Council of Churches of Greater Bridgeport (Conn.), $35,000 Council on Foreign Relations, $283,500 Council on Social Work Education (Va.), $136,000 Covenant House New York, $36,550 Creative Arts Team, $470,000 Crossnore School (N.C.), $67,020 Crown Heights Mediation Center, $35,000 Cypress Hills Local Development Corporation, $195,000

D

Dalton School, $107,300 Dana-Farber Cancer Institute (Mass.), $34,040 Dancers Workshop (Wyo.), $50,000 Daniel’s Music Foundation, $30,000 Darrow School, $46,000 Dartmouth College (N.H.), $5,531,779 DeCordova Museum and Sculpture Park (Mass.), $75,000 Deep Sea Mining Campaign (D.C.), $55,000 Deerfield Academy (Mass.), $515,250 Denison University (Ohio), $253,750 Design Trust for Public Space, $100,000 Destination: College, $50,000 Diabetes Research Institute Foundation (Fla.), $150,500 Doctors Without Borders U.S.A., $298,200 The Door, $90,500 Doubleday Babcock Senior Center, $50,000 Douglass College (N.J.), $77,250 Frederick Douglass Academy, $67,000 Frederick Douglass Academy V Middle School, $29,300 DreamYard Project, $25,500 DRUM-Desis Rising Up and Moving, $95,000 Duke University (N.C.), $60,750

E

EAC Network, $42,500 Earthjustice (Calif.), $29,353 East Harlem Employment Service, $125,250 East Harlem Tutorial Program, $85,120 Eastern Kentucky University Foundation, $106,500 Eastern Suffolk BOCES, $40,000 Echoing Green Foundation, $1,001,750 Ecology Center (Mich.), $100,000 Education Reform Now, $52,550 Education Through Music, $82,250 EIS Housing Resource Center, $40,250 El Centro Hispano, $36,000 Elizabeth Buffum Chace House (R.I.), $50,000 EmcArts, $60,000 Emelin Theatre for the Performing Arts, $67,750 Emory University (Ga.), $34,000 Environmental Advocates of New York, $217,120 Environmental Defense Fund, $122,445 Environmental and Energy Study Institute (D.C.), $100,000 ERASE Racism, $26,000 Evergreen: Your North Brooklyn Business Exchange, $60,000 Exodus Transitional Community, $793,250 ExpandED Schools, $560,900 Extera Public Schools (Calif.), $100,000 Eyebeam Atelier, $40,250

F LEGAL AID: In 2015, The New York Times recognized our efforts to put immigrants on the path to becoming legal, working taxpayers.

Facing History and Ourselves National Foundation (Mass.), $33,550 FAIR Health, $75,000 Fairfield County Community Foundation (Conn.), $1,200,000

ANNUAL REPORT

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GRANTS IN 2015 Falmouth Land Trust (Maine), $50,000 Families for Excellent Schools, $100,000 Family Centers (Conn.), $91,000 Family and Children’s Association, $102,000 Family Service League of Suffolk County, $69,500 Family Services of Westchester, $60,000 F.A.R. Institute (Fla.), $100,000 Farms for City Kids Foundation, $265,000 Farnsworth Library & Art Museum (Maine), $36,000 FDNY Foundation, $268,700 Federation of Protestant Welfare Agencies, $100,000 Field Museum of Natural History (Ill.), $60,000 Fieldstone Farm Therapeutic Riding Center (Ohio), $75,000 Financial Clinic, $85,000 Financial Services Volunteer Corps, $50,000 First (N.H.), $80,500 Fiscal Policy Institute, $125,000 Flea Theater, $275,500 Flux Factory, $58,000 Food Bank for New York City, $272,850 Food Bank for Westchester, $39,000 Fordham University, $61,370 Fordham University Graduate School of Social Service, $130,250 Fordham University School of Law, $63,000 Foreign Policy Association, $50,000 Fortune Society, $129,520 47 Palmer (Mass.), $125,000 Foundation Center, $40,000 Foundation Fighting Blindness (Md.), $50,000 Fountain House $57,800 Four Freedoms Park Conservancy, $105,250 Fractured Atlas Productions, $66,000 Franklin Lakes Fire Department (N.J.), $62,000 Franklin Square Hospital Center (Md.), $172,000 Freer Gallery of Art of the Smithsonian Institution (D.C.), $30,000 Fresh Air Fund, $55,120 Frick Collection, $45,000 Friends in Deed, $52,500 Friends of the Earth (D.C.), $75,353 Friends of the High Line, $79,650 Friends of the Larchmont Public Library, $51,000 Friends of the Saint Andrew’s School Foundation, $30,000 Friends Seminary, $46,750 FSH Society (Mass.), $52,000 Fund for the City of New York, $38,925

G

Galapagos Conservancy (Va.), $30,000 Giulio Gari Foundation, $50,000 Gateway Demonstration Assistance Corporation, $100,000 Gay Men’s Health Crisis, $45,577 General Board of Global Ministries, Women’s Division, $54,000 Generation Citizen, $75,000 Generation Schools Network, $50,000 Georgetown University (D.C.), $217,650 Gerontological Society of America (D.C.), $29,000 Gibney Dance, $102,000 Gilmour Academy (Ohio), $450,000 Girl Scouts of the United States of America, $90,810 Girls Incorporated of New York City, $173,000 Global Action Project, $40,000 Global Kids, $49,850 God’s Love We Deliver, $123,500 Good Shepherd Hospice, $25,400 Good Shepherd Services, $278,075

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Goodwill Industries of Greater New York and Northern New Jersey, $31,500 Gordon School (R.I.), $100,000 Gotham Chamber Opera, $50,000 Gottesman RTW Academy (N.J.), $50,000 Governors Island Alliance, $50,000 Grace Church School, $30,000 Graduate Center Foundation, $94,750 Graduate NYC!, $70,000 Martha Graham Center of Contemporary Dance, $90,000 Graham Windham, $108,000 Grand Street Settlement, $83,250 Grandfather Home for Children (N.C.), $67,020 Grantmakers Concerned with Immigrants and Refugees (Calif.), $50,000 Great Plains Institute for Sustainable Development (Minn.), $75,000 Greater Houston Community Foundation (Tex.), $372,484 Greater Jamaica Development Corporation, $150,000 Greater Washington Educational Telecommunication Association (Va.), $206,750 Green City Force, $50,000 Green Science Policy Institute (Calif.), $75,000 Greenpeace Fund (D.C.), $55,153 Greenwich Academy (Conn.), $240,000 Greenwich Village Society for Historic Preservation, $29,250 Groton School (Mass.), $31,250 Group for the East End, $25,050 Guidance Center of Westchester, $76,000 Guide Dog Foundation for the Blind, $25,750 Guiding Eyes for the Blind, $91,000

H

Hadassah, the Women’s Zionist Organization of America, $29,260 Hamilton College, $71,500 Hance Family Foundation, $31,000 Harlem Academy, $228,108 Harlem Children’s Zone, $145,000 Harlem RBI, $50,750 Harvard College (Mass.), $906,948 Haverford College (Pa.), $88,000 Hawken School (Ohio), $250,000 Health and Welfare Council of Long Island, $135,000 Hebrew Institute of Riverdale, $76,860 Heifer Project International (Ark.), $181,900 Herstory Writers Workshop, $35,000 Hetrick-Martin Institute, $122,000 HIAS, $66,250 Hiddush-Freedom of Religion for Israel, $50,000 Hillel: Foundation for Jewish Campus Life (D.C.), $35,320 Historic Districts Council, $65,500 Historic House Trust of New York City, $100,500 Historic Hudson Valley, $266,800 Historical Society of Early American Decoration, $73,420

STAYING TRUE: A Wall Street Journal column explained how The Trust honors donors’ charitable wishes.

Hofstra University, $307,875 Homeless Animal Rescue Team of Maine, $31,000 Hope College (Mich.), $40,000 Hospice Care Network, $36,250 Hospital for Special Surgery, $142,250 Hostos Community College of CUNY, $120,000 Hotchkiss School (Conn.), $31,000 Housatonic Valley Association (Conn.), $43,500 Hudson River Museum of Westchester, $26,000 Human Development Services of Westchester, $56,400 Human Rights Watch, $33,000 Human Services Council of New York City, $101,000 Humane Society of Louisiana, $80,000 Humane Society of New York, $33,250 Hunter College of CUNY, $432,500 Hunter College Foundation, $72,300 Hyde Park Baptist Church (Tex.), $54,000

I

Icahn School of Medicine at Mount Sinai, $82,250 Immigrant Justice Corps, $100,000 Immigrant Legal Resource Center (Calif.), $377,587 Immigration Equality, $75,000 INCLUDEnyc, $80,500 Independent Sector (D.C.), $60,000 Indian Mountain School (Conn.), $92,850 Inner-City Scholarship Fund, $46,200 Inspirica (Conn.), $167,500 Institute of International Education $26,300 Institute for Rational Urban Mobility, $146,850 Interfaith Council for Action, $25,500 Interfaith Nutrition Network, $68,750 International Advertising Association Education Program, $72,000 International Center of Photography, $41,250 International Documentary Association (Calif.), $250,000 International House, $85,000 International League of Conservation Photographers (D.C.), $45,000 International POPs Elimination Network (Calif.), $100,000 International Rescue Committee, $111,960 International Sephardic Education Foundation, $50,000 International Social Service, United States of America Branch (Md.), $67,050 International Studio and Curatorial Program, $150,000 International Tennis Hall of Fame (R.I.), $26,000 International Women’s Health Coalition, $60,500 Intrepid Museum Foundation, $50,000 Inwood House, $102,000 Iona College, $52,800 Iraq and Afghanistan Veterans of America, $151,000 Iridescent (Calif.), $100,000 Irvington Presbyterian Church, $67,500 Stanley M. Isaacs Neighborhood Center, $99,600 Island Harvest, $40,250

Grave e h t d n o y , Even Be s r o n o D f e Wishes o h t o t e u r Staying T

J

J Street Educational Fund (D.C.), $41,000 James Foundation (Mo.), $809,200 Thomas Jefferson Foundation (Va.), $40,000 Jesuit Refugee Service/USA (D.C.), $60,000 Jewish Board of Family and Children’s Services, $32,410 Jewish Child Care Association of New York, $104,500 JobsFirstNYC, $200,000 Johns Hopkins Hospital (Md.), $403,000 Johns Hopkins University (Md.), $4,232,500 Rabbi Jacob Joseph School, $162,000 Juilliard School, $213,250 Jumpstart for Young Children (Mass.), $133,250 JUST Capital Foundation, $225,000 JustLeadershipUSA, $70,000 Juvenile Diabetes Research Foundation International, $152,700

K

Kansas University Endowment Association, $121,600 Keene Valley Library Association, $100,000 Helen Keller International, $53,700 John F. Kennedy Center for the Performing Arts (D.C.), $31,000 Kennedy Krieger Foundation (Md.), $26,000 Kentucky Coalition, $230,000 Kettering University (Mich.), $35,000 Kids’ Club of Tarrytown & Sleepy Hollow, $28,500 Kieve Affective Education (Maine), $35,000 Korean Community Services of Metropolitan New York, $75,000 Kravis Center for the Performing Arts (Fla.), $106,226

L

La Salle Academy (R.I.), $255,000 Lake Forest College (Ill.), $76,420 Lambda Legal Defense and Education Fund, $48,500 Larchmont Avenue Church, $25,750 Larchmont Temple, $36,750 Lark Theatre Company, $154,500 LatinoJustice PRLDEF, $29,000 Laundromat Project, $78,000 Lawrenceville School (N.J.), $36,500 Lawyers Alliance for New York, $130,000 Lawyers Committee for Civil Rights Under Law (D.C.), $101,300 Learning Leaders, $128,750 Legal Action Center, $150,000 Legal Aid Society, $390,400 Legal Momentum, $41,800 Legal Services of the Hudson Valley, $42,200 Legal Services NYC, $90,800 Legal Services NYC-Bronx, $120,000 Legal Services NYC-Staten Island, $55,000

Lehigh University (Pa.), $34,950 Lenox Hill Hospital, $50,000 Lenox Hill Neighborhood House, $55,250 Lesbian and Gay Community Services Center, $151,750 LESReady!, $80,000 Let’s Get Ready, $54,750 Leukemia & Lymphoma Society, $31,234 Liberation Programs (Conn.), $110,000 Library of America, $78,500 Library of American Landscape History (Mass.), $101,000 Lifeflight Foundation (Maine), $75,000 Lift Communities (D.C.), $200,000 Lifting Up Westchester, $45,000 Lighthouse International, $352,380 Lincoln Center for the Performing Arts, $371,167 Literacy Partners, $26,250 Littig House Community Center, $112,500 Live Free or Die Alliance (N.H.), $26,900 Live and Let Live Farm (N.H.), $30,000 Local Initiatives Support Corporation, $125,000 Long Island Cares, $76,750 Long Island Council on Alcoholism and Drug Dependence, $35,250 Long Island Progressive Coalition, $35,000 Long Island University, $205,250 Loomis Chaffee School (Conn.), $40,500 Louisiana SPCA, $45,000 Loyola University New Orleans (La.), $35,000

M

MacDowell Colony, $30,000 Madison Square Boys and Girls Club, $100,000 Maimonides Medical Center, $47,000 Man Up! $35,000 Manhattan School of Music, $47,300 Manhattan Theatre Club, $1,243,760 Mardy Fish Foundation (Fla.), $75,000 Marine Conservation Biology Institute (Wash.), $27,500 Marlboro School of Music (Pa.), $40,500 Marshall Project, $50,000 Martha’s Vineyard Historical Society (Mass.), $50,000 Martha’s Vineyard Hospital (Mass.), $26,000 Martha’s Vineyard Preservation Trust (Mass.), $30,000 Massachusetts General Hospital, $29,000 Massachusetts Institute of Technology, $37,875 Massachusetts Society for Prevention of Cruelty to Animals, $26,470 Massapequa Public Schools, $47,855 Masters School, $403,000 Ma-Yi Theater Company, $100,000 Mayor’s Office of Criminal Justice, $30,000 Mayor’s Office of Immigrant Affairs, $120,000 MBAs Across America (Tex.), $100,000 Mechon Hadar, $36,000

Media Matters for America (D.C.), $154,000 Medical Center at Ocean Reef (Fla.), $35,000 Medicare Rights Center, $75,000 Memorial Sloan Kettering Cancer Center, $316,477 Mental Health Association of Nassau County, $27,500 Mentoring in Medicine, $144,000 Mercy Haven, $25,300 Mercy Learning Center of Bridgeport (Conn.), $27,500 Metropolitan Museum of Art, $633,880 Metropolitan Opera Association, $523,385 MFY Legal Services, $155,000 Middle Country Public Library, $37,500 Middlebury College (Vt.), $125,700 Middlesex School (Mass.), $1,083,400 Minds Matter National, $35,500 Miracle Corners of the World, $50,000 Miss Porter’s School (Conn.), $35,500 Missionaries of Charity, $264,070 Mixteca Organization, $45,000 Molloy College, $31,000 Monarch Joint Venture (Minn.), $110,000 Monmouth University (N.J.), $58,000 Montreat College (N.C.), $67,020 Morgan Library and Museum, $196,000 Morningside Center for Teaching Social Responsibility, $90,000 Morningside Retirement and Health Services, $26,350 The Moth, $31,500 Mother and Baby Care of Long Island, $100,000 Mount Sinai Hospital, $115,480 Movement Research, $120,500 Ms. Foundation for Women, $30,000 Muhlenberg College (Pa.), $45,500 Multiple Sclerosis Resources of Central New York, $30,000 Municipal Art Society of New York, $77,250 Muscular Dystrophy Association, $43,950 Museum of American Finance, $27,500 Museum of Arts and Design, $131,000 Museum of Contemporary African Diasporan Arts, $52,000 Museum of Food and Drink, $50,000 Museum of Jewish Heritage, $46,250 Museum of Modern Art, $287,610 Music Associates of Aspen (Colo.), $30,000 Music Institute of Chicago (Ill.), $30,250 myFace, $61,000 Myrtle Avenue Commercial Revitalization and Development Project LDC, $40,000

N

NAACP Legal Defense and Educational Fund, $25,150 Nantucket Conservation Foundation (Mass.), $32,000

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: Colorado: Secretary of State 303-894-2200, http://www.sos.state.co.us Reg. No.20033000084; 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. Maryland: From the Secretary of State, Charitable Division, State House, Annapolis, MD 21401, for the cost of copying and postage. 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 1-601-359-1048. New Jersey: INFORMATION FILED WITH THE ATTORNEY GENERAL CONCERNING THIS CHARITABLE SOLICITATION MAY BE OBTAINED FROM THE ATTORNEY GENERAL OF THE STATE OF NEW JERSEY BY CALLING 973-504-6215, http://www.state.nj.us/lps/ca/charfrm.htm. New York: A copy of the latest annual report can be obtained from the organization or from the Office of Attorney General by writing the Charities Bureau, 120 Broadway, New York, New York 10271. North Carolina: Financial information about this organization and a copy of its license are available from the State Solicitation Licensing Branch at 919-809-2214. 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, 1-800-732-0999. Virginia: Commonwealth of Virginia, Department of Agriculture and Consumer Services, P.O. Box 1163, Richmond, VA 23218. Washington: From the Secretary of State, at the toll-free number for Washington residents: 360-725-0378. West Virginia: West Virginia residents may obtain a summary of the registration and financial documents from the Secretary of State, State Capitol, Charleston, WV 25305. Registration in the above states does not imply endorsement.

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GRANTS IN 2015 Nantucket Land Council (Mass.), $35,000 Nantucket Lighthouse School (Mass.), $50,000 Nantucket Preservation Trust (Mass.), $80,000 Nantucket Safe Harbor for Animals (Mass.), $29,585 NARAL Pro-Choice America Foundation (D.C.), $44,700 Nation Institute, $58,000 National Advocates for Pregnant Women, $35,000 National Audubon Society, $148,120 National Baseball Hall of Fame and Museum, $35,000 National Board for Professional Teaching Standards (Va.), $218,000 National Center for Victims of Crime (D.C.), $45,495 National Child Labor Committee, $125,000 National Council on Aging (Va.), $100,000 National Dance Institute, $39,300 National Disaster Search Dog Foundation (Calif.), $70,250 National Economic and Social Rights Initiative, $130,000 National Employment Law Project, $75,000 National Fish and Wildlife Foundation (D.C.), $50,000 National Multiple Sclerosis Society, New York City, $29,000 National Parks of New York Harbor Conservancy, $63,000 National September 11 Memorial & Museum, $51,500 National Society for Gifted and Talented (Conn.), $31,000 Natural Resources Defense Council, $165,920 Nature Conservancy (Va.), $48,600 Nature Conservancy, Adirondack Chapter, $27,500 Nature Conservancy New York, Long Island Chapter, $30,000 Walter W. Naumburg Foundation, $55,600 Naumburg Orchestral Concerts, $42,150 Nazareth College of Rochester, $50,000 Neighborhood Housing Services of New York City, $65,000 Neighborhoods First Fund for Community Based Planning, $50,000 NEO Philanthropy, $170,000 Network for Teaching Entrepreneurship, $40,000 New Alternatives for Children, $35,500 New Canaan Country School (Conn.), $27,500 New Dramatists, $117,750 New Economy Project, $65,000 New Energy Foundation (N.H.), $110,000 New Immigrant Community Empowerment, $55,000 New Jersey Audubon Society, $35,500 New Jewish Home, $124,500 The New School, $210,250 New Settlement Apartments, $70,000 New Teacher Center (Calif.), $75,000 New Venture Fund (D.C.), $154,000 New Visions for Public Schools, $717,400 New York Academy of Medicine, $135,000 New York Academy of Sciences, $75,000 New York Appleseed, $65,000 New York Botanical Garden, $704,065 New York City Ballet, $312,307 New York City Center, $47,000 New York City Department of Parks and Recreation, $100,000 New York City Environmental Justice Alliance, $75,000

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New York City LGBT Historic Sites Project, $50,000 New York City Mission Society, $57,070 New York City Partnership Foundation, $100,000 New York Civil Liberties Union Foundation, $104,500 New York Communities for Change, $57,500 New York Foundation for the Arts, $47,000 New York Genome Center, $375,000 New York Hall of Science, $104,050 New-York Historical Society, $322,000 New York Immigration Coalition, $196,500 New York Integrated Network for Persons with Developmental Disabilities, $30,000 New York Landmarks Conservancy, $43,000 New York Legal Assistance Group, $123,000 New York Medical College, $260,900 New York Open Center, $32,560 New York Philharmonic, $33,565 NewYork-Presbyterian Hospital, $1,344,110 NewYork-Presbyterian/Queens, $40,000 New York Preservation Archive Project, $45,250 New York Public Library, Astor, Lenox and Tilden Foundations, $465,530 New York Public Radio, $416,340 New York Restoration Project, $109,750 New York State Health Foundation, $115,000 New York Stem Cell Foundation, $93,250 New York Times Neediest Cases Fund, $32,550 New York University, $601,600 New York University Furman Center for Real Estate and Urban Policy, $99,000 New York University Hospitals Center, $255,500 New York University School of Medicine, $328,500 New York University Silver School of Social Work, $30,000 New Yorkers for Children, $43,000 Newark Academy (N.J.), $27,500 Newark Museum Association (N.J.), $45,000 Nightingale-Bamford School, $96,300 Niskanen Center (D.C.), $100,000 NOCD-NY, $67,000 Nonprofit Coordinating Committee of New York, $159,750 Nonprofit Finance Fund, $204,000 Northeastern University (Mass.), $55,500 Northside Center for Child Development, $94,500 Northwell Health, $76,000 Northwestern University (Ill.), $39,250 Norton Gallery and School of Art (Fla.), $350,720 Nurse-Family Partnership (Colo.), $111,000 NYC Coalition for Educational Justice, $190,000 NYC Health + Hospitals, $125,000 NYC Service, $60,000

O

Ocean Bay Community Development Corporation, $140,000 Oceana (D.C.), $51,000 Off the Street Club (Ill.), $75,000 Ohel Children’s Home and Family Services, $100,000

OP-ED: Newsday featured our Long Island division’s views on hardships faced by young immigrants.

Old Westbury College Foundation, $150,000 Old Westbury Gardens, $35,080 Olive View-UCLA Medical Center (Calif.), $40,000 Open Space Institute, $29,250 Opportunity Agenda, $42,500 Orange County Community Foundation (Calif.), $239,819 Orchestra of St. Luke’s, $40,250 Ossining Union Free School District, $30,000 Outreach Project, $85,000 Oxfam America (Mass.), $27,700

P

Pace University, $108,360 Pace University School of Law, $60,500 Packer Collegiate Institute, $86,000 Paraprofessional Healthcare Institute, $350,000 Parent Project for Muscular Dystrophy Research (N.J.), $50,000 Paris Review Foundation, $27,000 Park Avenue Synagogue, $50,000 Parkinson’s Disease Foundation, $32,650 Parrish Art Museum, $130,950 Partners in Health (Md.), $72,450 Partnership for Public Service (D.C.), $100,000 Partnership for Strong Communities (Conn.), $50,000 Passionist Fathers, $53,500 Peace First (Mass.), $75,000 Peconic Land Trust, $30,490 PEN American Center, $68,950 Per Scholas, $150,000 Pesticide Action Network North America (Calif.), $85,000 Phelps Memorial Hospital Center, $25,100 Philanthropy New York, $39,250 Phillips Exeter Academy (N.H.), $38,250 Picture the Homeless, $66,500 Pine Creek Valley Watershed Association (Pa.), $75,000 Pingry School (N.J.), $67,300 Planned Parenthood Federation of America, $124,650 Planned Parenthood Hudson Peconic, $46,500 Planned Parenthood League of Massachusetts, $48,250 Planned Parenthood of Nassau County, $55,250 Planned Parenthood of New York City, $254,103 Planned Parenthood of Southern New England (Conn.), $70,600 Playwrights Horizons, $86,000 Police Athletic League, $78,750 Pomfret School (Conn.), $106,000 Population Council, $50,000 Port Washington Education Foundation, $40,000 PowerMyLearning, $91,000 Pratham USA (Tex.), $100,000 Prep for Prep, $778,500

Presbyterian Church USA Foundation (Ind.), $42,050 Presbytery of New York City, $28,030 Primary Care Development Corporation, $150,000 Primary Stages Company, $49,000 Princeton Healthcare System Foundation (N.J.), $35,000 Princeton University (N.J.), $252,266 Pro Bono Net, $90,000 Pro Bono Partnership, $35,000 Pro Mujer, $39,500 Project Horseshoe Farm (Ala.), $100,000 Prospect Park Alliance, $174,450 Prostate Cancer Foundation (Calif.), $30,000 Providence Preservation Society (R.I.), $50,000 Providence St. Mel School (Ill.), $50,000 Provincetown Art Association and Museum (Mass.), $62,000 Psychotherapy & Spirituality Institute, $45,000 Public Allies (Wis.), $100,000 Public Art Fund, $69,500 Public Citizen Foundation (D.C.), $25,170 Public Policy Institute of New York State, $45,000 Public Preparatory Network, $200,000 Public Theater, $403,450 Licia Albanese Puccini Foundation, $30,000 Purchase College Foundation, $87,050 Putnam Hospital Center, $41,010

Q

Queens College Foundation, $27,750 Queens Community House, $40,000 Queens Connect, $103,000 Queens Economic Development Corporation, $50,000 Queens Legal Services, $250,000 Queens Theatre, $50,000 Queens University of Charlotte (N.C.), $67,020

R

Rainforest Alliance, $91,000 Raise the River Campaign (Calif.), $125,000 Ralph Lauren Center for Cancer Care and Prevention, $50,000 Ramapo for Children, $28,550 RAND Corporation (Calif.), $175,000 RE-AMP Network (Mich.), $120,000 Rectory School (Conn.), $35,000 Redemption Center, $140,000 Reel Works, $100,000 Regional YMCA of Western Connecticut, $30,000 Repertorio Español, $180,300 Research Foundation for SUNY, $135,000 Resources for the Future (D.C.), $107,500 Restore America’s Estuaries (Va.), $100,000 Restore NYC, $40,000 Rhode Island School of Design, $102,250 Rhodes College (Tenn.), $74,020 Riverkeeper, $62,500 ROADS Charter High Schools, $400,000 Robin Hood Foundation, $1,563,750 Rockaway Youth Task Force, $50,000 Rockefeller University, $1,352,200 Ronald McDonald House of New York City, $60,790 Ronald McDonald House of Providence (R.I.), $50,000 Room to Grow National, $40,000 Room to Read (Calif.), $45,000 Roosevelt University (Ill.), $53,500 Rose Community Foundation (Colo.), $124,375 Roulette Intermedium, $57,500

Roundabout Theatre Company, $32,054 Row New York, $273,000 RSHM Life Center, $40,250 Rural Advancement Foundation International-USA (N.C.), $42,500 Rutgers, The State University of New Jersey, $43,150 Rutgers University Foundation (N.J.), $156,000 Rye Country Day School, $25,750

S

Safe Center LI, $61,500 St. Andrew’s Presbyterian College (N.C.), $67,020 St. Ann’s Warehouse, $72,500 St. Anthony High School, $100,000 St. Athanasius Roman Catholic Church, $100,000 St. Christopher’s, $27,910 St. Jean Baptiste Church, $127,000 St. Jean Baptiste High School, $75,500 St. John’s Episcopal Church of Washington (Conn.), $31,300 St. John’s University, $26,500 St. Joseph’s College, $60,500 St. Jude Children’s Research Hospital (Tenn.), $130,920 St. Luke’s-Roosevelt Hospital Center, $35,340 St. Mark’s Historic Landmark Fund, $135,725 St. Mary’s Foundation for Children, $1,264,000 St. Patrick’s Cathedral Landmark Foundation, $100,000 St. Peter’s Prep (N.J.), $50,000 St. Peters by the Sea, $50,000 St. Stephen’s School, $45,000 Sakhi for South Asian Women, $50,000 Salvation Army of Greater New York, $159,010 Sanctuary for Families, $60,250 Sarah Lawrence College, $257,800 Save an Angel (La.), $35,000 Save Our Streets South Bronx, $35,000 Scenic Hudson, $102,100 Scholarship & Welfare Funds of the Alumni Association of Hunter College, $34,950 School Leaders Network (Mass.), $50,000 ScriptEd, $128,500 Sea Research Foundation (Conn.), $50,000 SeaChange Capital Partners, $100,000 Seafarers and International House, $100,000 Search and Care, $31,300 Search for Common Ground (D.C.), $30,000 Seatuck Environmental Association, $195,000 Second Stage Theatre, $191,350 Seedco, $170,000 Service Program for Older People, $120,000 Services and Advocacy for GLBT Elders, $111,450 Sesame Workshop, $200,000 SHARE: Self-Help for Women with Breast or Ovarian Cancer, $50,350 Shared Interest, $32,700 Shine Global, $28,000 Sierra Club (Calif.), $100,000 Sisters of Charity of St. Elizabeth (N.J.), $33,250 Skidmore College, $36,000 Smith College (Mass.), $502,000 Smithsonian Institution (D.C.), $2,969,493 Smithtown Historical Society, $26,000 Solar One, $150,000 South Bronx Educational Foundation, $35,000 South Street Seaport Museum, $93,370 South Ward Alliance (N.J.), $100,000 Southampton Hospital Foundation, $39,750 Southern Bronx River Watershed Alliance, $70,000

Southern Environmental Law Center (Va.), $112,500 Southern Los Angeles Patient Navigation and Wellness Center (Calif.), $40,000 Southern Poverty Law Center (Ala.), $37,752 Spaceworks, $102,000 Special Olympics International (D.C.), $100,000 Spence School, $29,000 Sports and Arts in Schools Foundation, $40,000 Stanford University (Calif.), $101,000 Star Kids Scholarship Program (R.I.), $30,000 State Alliance for Federal Reform of Chemicals Policy (Oreg.), $75,000 Staten Island Children’s Museum, $80,000 Stevens Institute of Technology (N.J.), $78,500 Stony Brook-Millstone Watershed Association (N.J.), $44,348 Stony Brook University, $61,300 Storefront Academy Harlem, $329,000 S.T.R.O.N.G. Youth, $40,000 Student Advocacy, $61,309 Student Sponsor Partners, $153,750 Student Success Network - NYC, $150,000 Studio in a School Association, $61,500 Sugar Hill Children’s Museum of Art & Storytelling, $150,000 Suited For Success (Fla.), $28,500 Summer Search (Calif.), $104,500 SUNY College of Technology at Delhi, $27,000 SUNY College of Optometry, $120,000 Support Center for Nonprofit Management, $90,000 Supportive Housing Network of New York, $100,000 Surprise Lake Camp, $31,250 Sustainable Long Island, $157,600 Sustainable Westchester, $30,500 Symphony Space, $65,500 Syracuse University, $27,400

T

Table to Table (N.J.), $31,000 Taft Institute for Government, $43,620 Talmud Torah Siach Yitzchok, $54,000 Tate Americas Foundation, $230,000 Taxpayers for Common Sense (D.C.), $100,000 Teach for America, $35,000 Teaching Matters, $28,750 Teatown Lake Reservation, $30,000 Temple Israel of New Rochelle, $36,000 Tenants Together (Calif.), $100,000 Tennessee Immigrant and Refugee Rights Coalition, $99,500 Texas Access to Justice Foundation, $248,750 Theatre West (Calif.), $115,000 Third Street Music School Settlement, $173,350 350.org, $35,250 Tobin Project (Mass.), $50,000 Townsend Harris Alumni Association, $45,000 Transportation Alternatives, $37,000 Trevor Day School, $3,075,000 Trey Whitfield School, $80,000 Trial Opportunity Partnership, $125,000 Tribeca Film Institute, $56,000 Trickle Up Program, $62,000 Trinity College (Conn.), $32,300 Trinity Episcopal School Corporation, $63,209 Triskeles Foundation (Pa.), $28,000 Trust for Public Land (Calif.), $246,750 Tulane Educational Fund (La.), $438,103 Tufts University (Mass.), $25,500

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GRANTS IN 2015 U

UCLA Foundation (Calif.), $211,000 UJA-Federation of Jewish Philanthropies of New York, $419,305 Underground Development Foundation, $30,500 Union College, $115,200 Union of Concerned Scientists (Mass.), $114,000 Union Settlement Association, $442,300 Union Theological Seminary, $35,000 United Hospital Fund of New York, $159,050 United Methodist Church of Sea Cliff, $105,000 United Negro College Fund (D.C.), $87,600 United Neighborhood Houses of New York, $72,636 United States Fund for UNICEF, $154,300 United States Holocaust Memorial Council (D.C.), $32,410 United States Military Academy, $53,374 United States Rowing Association (N.J.), $25,250 United Way of Bergen County (N.J.), $35,000 United Way of Long Island, $25,500 United Way of Westchester and Putnam, $27,100 University of California, Berkeley, $100,500 University of Chicago (Ill.), $32,600 University of Connecticut, $40,500 University of Connecticut Foundation, $200,000 University of Delaware, $79,625 University of Kentucky, $70,000 University of Miami (Fla.), $105,000 University of Michigan, $35,950 University of Notre Dame (Ind.), $152,400 University of North Dakota Foundation, $73,420 University of Pennsylvania, $614,835 University of Pittsburgh (Pa.), $63,000 University Settlement Society of New York, $217,000 University of Virginia Law School Foundation, $30,000 University of Washington, $158,264 Upstream Policy Institute (Ga.), $100,000 Urban Arts Partnership, $108,500 Urban Assembly, $95,250 Urban Bush Women, $150,000 Urban Health Plan, $250,000 Urban Upbound, $45,000 Urban Word NYC, $90,000 U.S. Middle East Project, $50,000 Usdan Center for the Creative and Performing Arts, $30,000 USO, World Headquarters (D.C.), $26,800

Westport Arts Center (Conn.), $25,498 Westside After School Collaboration, $80,000 WGBH Educational Foundation (Mass.), $116,000 Wheeler School (R.I.), $55,000 White Plains Hospital Center, $41,840 Whitman Hanson Regional School District (Mass.), $34,000 Whitney Museum of American Art, $56,052 WildAid (Calif.), $40,100 Wildlife Conservation Network (Calif.), $50,000 Wildlife Conservation Society, $499,000 Williams College (Mass.), $79,175 Warren Wilson College (N.C.), $67,020 Windward School, $37,000 Winthrop-University Hospital Association, $251,000 WNET, $278,870 Women’s Cancer Resource Center (Calif.), $100,000 Women’s Fund of Long Island, $52,760 Women’s Housing and Economic Development Corporation, $32,000 Workforce Development Corporation, $250,000 Works & Process, $33,000 World Society for the Protection of Animals, $40,000 World Wildlife Fund (D.C.), $121,490 Wounded Warrior Project (Kan.), $73,750

TIPS: On NY1, host Errol Louis discusses lessons from the winners of the 2015 New York Community Trust Nonprofit Excellence Awards.

V

Vassar College, $86,650 Vermont Land Trust, $182,500 Veterinarians Without Borders (Calif.), $35,000 VISIONS/Services for the Blind and Visually Impaired, $100,000 Visiting Pet Program (La.), $60,000 Vistamar School (Calif.), $32,500 Volunteer New York!, $30,600

Y

W

Yale University (Conn.), $690,810 Year Up (Mass.), $168,000 YMCA of Central and Northern Westchester, $25,390 YMCA of Greater New York, $462,238 YMCA of Long Island, $167,000 YMCA of the North Shore (Mass.), $75,000 Yonkers Partners in Education, $92,000 Young Invincibles (D.C.), $90,000 Young Women’s Leadership Network, $85,515 Youth Action YouthBuild East Harlem, $30,000 Youth Environmental Services, $40,000 Youth Represent, $75,250 YWCA of Brooklyn, $143,430 YWCA of Metropolitan Chicago (Ill.), $54,000

Washington Jesuit Academy (D.C.), $36,000 Washington School for Girls (D.C.), $50,000 Washington University (Mo.), $46,550 Waterfront Alliance, $100,600 Wave Hill, $34,800 Samuel Waxman Cancer Research Foundation, $252,600 WE ACT for Environmental Justice, $150,000 Weill Cornell Medicine, $293,800 Wellesley College (Mass.), $79,450 Wesleyan University (Conn.), $184,250 Westchester Children’s Association, $237,220 Westchester Children’s Museum, $30,500 Westchester Community College Foundation, $105,000 Westchester Jewish Community Services, $67,569 Westchester Library System, $26,667 Westchester Medical Center, $42,000 Westchester Residential Opportunities, $40,000 Westhab, $40,000

Grants Total Grants listed:

Grants $25,000 or less:

$ 142,583,181 $ 22,845,413

TOTAL:

$ 165,428,594

ANNUAL REPORT FOR 2015

Published in June 2016 Writer/Editor: David L. Marcus Writer/Project Manager: Amy Wolf Creative Consultant: Sean Kelly Design: Van Gennep Design Proofreading: Elizabeth Mirarchi Printing: Rasco Graphics ABOUT THE COVER: We commissioned illustrator Sean Kelly to honor our tradition of depicting the Statue of Liberty on the cover. This year, she’s paying homage to The New York Community Trust Van Lier Fellowships for artists, which just celebrated its 25th year. More at seankellystudio.com PHOTOS: Most of the photographs of our board members and staff were taken by Ari Mintz for The Trust. Other photos courtesy of grantees unless noted.

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Thank you.

We’re grateful for all that you’ve done for New York.

Now, just imagine how much more we could do.

Together, we can solve more problems. And change more lives.

Contact us.

BOOST GRADUATION RATES AT COMMUNITY COLLEGES • RETROFIT BUILDINGS TO SAVE ENERGY • STOP ELDER ABUSE • BRING FREE, HEALTHY FOOD TO SENIORS WIN FUNDING FOR ARTS IN SCHOOLS • PREVENT THE SPREAD OF AIDS PREPARE TEACHERS TO HELP CHILDREN WITH AUTISM • KEEP KIDS IN CLASS ADVOCATE FOR BETTER SCHOOLS • STOP ELDER ABUSE • MENTOR TEENAGERS PRESERVE HISTORIC PLACES • DEVELOP ALTERNATIVES TO INCARCERATION REINVENT ABANDONED RAILROADS • ASSIST DISABLED VETERANS • PROTECT OPEN SPACE • LAUNCH COLLEGE CAREERS • ADVANCE HEALTH REFORM BEAUTIFY CITY BLOCKS • SUPPORT LGBT TEENS • BACK RENEWABLE ENERGY To continue to support the causes you care about and to create additional funds, contact Bob Edgar at (212) 686-2564 or rve@nyct-cfi.org

THE ART OF GIVING It’s really the art of helping, and solving.

As with any art, supporting the causes you care about begins with passion and imagination. You can help make New York the very best it can be, for all of us. Today’s simple steps leave a lasting and memorable imprint. We’re here to encourage and inspire as you bring your charitable visions to life.