Fund for the City of New York Inc logo

Fund for the City of New York Inc

NEW YORK, NY EIN: 13-2612524 Website

The Fund for the City of New York (FCNY) is a 501(c)(3) public charity and community foundation established by the Ford Foundation in 1968. Based in New York City, the organization works to improve the quality of life for underserved communities by collaborating with government agencies, nonprofit institutions, and foundations to develop and implement innovations in policy, programs, practices, and technology. The organization operates through three divisions: Fund for the City of New York (local initiatives), National Center for Civic Innovation (nationwide programs), and International Institute for Community Solutions (global expansion).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$172.1M

+3.6% YoY

Annual Giving

$1.8M

-51.8% YoY

Grant Count

33

+3.1% YoY

Avg Grant Size

$55K

-53.3% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: The Fund for the City of New York is committed to improving the quality of life for underserved communities everywhere by seeking out, adapting, applying, and assessing ways to enable government and nonprofit agencies to achieve excellence.

Vision: A world where civic innovation, community solutions, and excellence in the public service and nonprofit sectors are cultivated and celebrated.

Core Values:

  • Excellence
  • Magnifying Impact
  • Responsiveness
  • Partnerships
  • Equity
  • Innovation

Primary Focus Areas:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Nonprofit management and capacity building
  • Government performance improvement

Grantmaking

FCNY operates multiple grantmaking initiatives:

Grant Range

Up to $1.2M

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Geographic Focus

Where this funder awards grants

New York City only. However, the organization's National Center for Civic Innovation extends programming nationwide, and the International Institute for Community Solutions operates globally.

Grant Distribution by State

12states
+5 more states

Cities

AlbanyAstoriaAustinBaldwinBellinghamBronxBrooklynBuffaloCaguasCalabasasChicagoCoronaCulebraDecaturDobbs FerryHighlandsJamaicaKansas CityLas MarasNew York

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $172,127,459
  • Total Revenue: $66,957,202
  • Total Expenses: $62,122,980
  • Total Liabilities: $81,900,000
  • Annual Giving: $1,975,396
  • Number of Employees: 653

Tax Status: Tax-exempt since February 1982 (EIN: 13-2612524)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$35M$71M$106M$141M20202021202220232024
Metric202420232022
Total Assets$172,127,459$166,124,152$170,389,317
Revenue$66,957,202$67,312,664$114,215,839
Expenses$62,122,980$63,925,527$128,254,981
Qualifying Distributions
Net Investment Income$3,414,435$2,095,123$128,215
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$945K$2M$3M$4M33 grants202044 grants202131 grants202232 grants202333 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NATURAL AREAS CONSERVANCY$175KCENTER FOR EMPLOYMENT OP…$150KCOLUMBIA UNIVERSITY MEDI…$150KLEAP INC DBA BROOKLYN WO…$150KMARCY LAB INC$150KTECH KIDS UNLIMITED INC$150KYOUTH ACTION PROGRAMS AN…$150KFOUNDATION FOR TACOMA ST…$100KCATHOLIC MIGRATION SERVI…$85KFLATBUSH DEVELOPMENT COR…$85K

Grant Size Distribution

173 grants across all recorded years

106<$50K31$50–100K31$100–250K1$250–500K$500K–1M4$1–5M$5M+

Open Grants

3 open opportunities from Fund for the City of New York Inc

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

President: Lisette Nieves, Ed.D. (assumed leadership in 2020)

Lisette Nieves succeeded Mary McCormick, who served as president for 30 years.

Compensation Overview

From 2024 IRS filing

LISETTE NIEVESBOARD MEMBER/PRESIDENT$357KFRED DEJOHNCHIEF FINANCIAL OFFICER$315KALDRIN BONILLAEXECUTIVE VICE PRESIDENT$275KCOLEEN STEVENS PORCHEREXECUTIVE DIRECTOR$240KBENJAMIN GARCIAEXECUTIVE DIRECTOR$240KJILL E BORREROCHIEF OPERATING OFFICER$230KLOLA SIMPSONCHIEF EXECUTIVE OFFICER$220KBLAKE RATNEREXECUTIVE DIRECTOR$215KJAMES RYANEXECUTIVE DIRECTOR$209KMIRIAM FELDBLUMEXECUTIVE DIRECTOR$207KGRACE RAUHEXECUTIVE DIRECTOR$205KELINA ALAYEVADIRECTOR$205KSTEFANIE BLOUINSENIOR DIRECTOR$205KZENAIDA RODRIGUEZEXECUTIVE DIRECTOR$201KTERESA CARTAEXECUTIVE DIRECTOR$200KJEFFREY SUDMYERDIRECTOR$196KAPRIL MCKOYSENIOR DIRECTOR$194KPATRICIA MOLESPROGRAM DIRECTOR$191KKAI FEDERCHIEF OPERATING OFFICER$187KGREGORY MORRISCHIEF EXECUTIVE OFFICER$185KJOHN KONARSKICHIEF EXECUTIVE OFFICER$178KSARA NADELCHIEF EXECUTIVE OFFICER$177KJENIN SABBAHEXECUTIVE DIRECTOR$173KJUANA ROSARIOCOMPTROLLER$169KDAVID COLECHIEF OPERATING OFFICER$168KANDREW WALRONDVICE PRESIDENT OF LOAN PROGRAM$166KMIZUE AIZEKIEXECUTIVE DIRECTOR$157KZACHARY KATZNELSONEXECUTIVE DIRECTOR$155K

From 2024 filing

NameTitleHoursCompensation
JOMYSHA DELGADO STEPHENBOARD MEMBER1
MICHAEL ARADCHAIR1
ROBERT TIERNEYBOARD MEMBER1
GEORGIA BOOTHETREASURER1
ESTER FUCHSVICE CHAIR1
LINDA LAUSELL BRYANTSECRETARY (AS OF 6/24)1
LISETTE NIEVESBOARD MEMBER/PRESIDENT30$356,926
DANA BUCHMANSECRETARY (THROUGH 6/24)1
JILL E BORREROCHIEF OPERATING OFFICER30$229,584
ALDRIN BONILLAEXECUTIVE VICE PRESIDENT30$275,225
JUANA ROSARIOCOMPTROLLER30$169,369
FRED DEJOHNCHIEF FINANCIAL OFFICER35$314,996
COLEEN STEVENS PORCHEREXECUTIVE DIRECTOR35$239,997
BENJAMIN GARCIAEXECUTIVE DIRECTOR35$239,581
LOLA SIMPSONCHIEF EXECUTIVE OFFICER35$219,998
BLAKE RATNEREXECUTIVE DIRECTOR35$214,563
JAMES RYANEXECUTIVE DIRECTOR35$208,548
MIRIAM FELDBLUMEXECUTIVE DIRECTOR35$206,864
GRACE RAUHEXECUTIVE DIRECTOR35$204,998
ZENAIDA RODRIGUEZEXECUTIVE DIRECTOR35$201,442
TERESA CARTAEXECUTIVE DIRECTOR35$199,998
KAI FEDERCHIEF OPERATING OFFICER35$187,331
GREGORY MORRISCHIEF EXECUTIVE OFFICER35$184,998
JOHN KONARSKICHIEF EXECUTIVE OFFICER35$177,603
SARA NADELCHIEF EXECUTIVE OFFICER35$177,099
JENIN SABBAHEXECUTIVE DIRECTOR35$172,968
DAVID COLECHIEF OPERATING OFFICER35$167,915
ANDREW WALRONDVICE PRESIDENT OF LOAN PROGRAM35$165,795
MIZUE AIZEKIEXECUTIVE DIRECTOR35$156,516
ZACHARY KATZNELSONEXECUTIVE DIRECTOR35$154,998
ELINA ALAYEVADIRECTOR35$204,998
STEFANIE BLOUINSENIOR DIRECTOR35$204,875
JEFFREY SUDMYERDIRECTOR35$196,498
APRIL MCKOYSENIOR DIRECTOR35$193,625
PATRICIA MOLESPROGRAM DIRECTOR35$190,510

Recent News & Activity

Recent developments and announcements

FCNY has been active in emergency response and youth-focused initiatives. The organization participated in the NYC COVID-19 Response & Impact Fund, which issued over $110 million in emergency funds to New York City-based nonprofits during the pandemic.

NYC COVID-19 Response & Impact Fund has issued over $110 Million in emergency

The organization continues to expand its work through its three operational divisions and maintains active grantmaking and loan programs serving nonprofit and government sectors.

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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