New Yankee Stadium Community Benefits Fund Inc
The New Yankee Stadium Community Benefits Fund Inc is a 501(c)(3) independent foundation based in the Bronx, New York. Established in 2007, the organization functions as a corporate foundation dedicated to improving quality of life in the Bronx through strategic philanthropic investments.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$304K
-33.3% YoY
Annual Giving
$868K
+69.6% YoY
Grant Count
1
-98.6% YoY
Avg Grant Size
$868K
+12108.7% YoY
Mission & Focus Areas
The fund's primary mission is to improve the quality of life in the Bronx by addressing civic, socioeconomic, and educational needs while providing social, arts, health, cultural, and recreational opportunities.
Primary funding areas include:
- Children and youth
- Adolescents
- Arts and culture
- Education
- Health
- Sports and recreation
- Human services
Grantmaking
The organization actively awards grants across multiple categories. Recent grant opportunities have included:
Grant Range
reported at $30, though this appears to reflect a calculation across a large number of grants (24,047 total grants in the previous year)
Average Grant
reported at $30, though this appears to reflect a calculation across a large number of grants (24,047 total grants in the previous year)
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Geographic Focus
Where this funder awards grants
The organization operates primarily in New York, with a specific focus on the Bronx and Brooklyn.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $454,000
- Total Revenue: $485,000
- Total Expenses: $601,000
- Total Liabilities: $33,900
The organization has maintained consistent financial activity since its establishment in 2007, with annual Form 990 filings available from 2008 forward.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $303,589 | $454,941 | $210,916 |
| Revenue | $835,059 | $835,000 | $934,178 |
| Expenses | $985,709 | $599,215 | $849,136 |
| Qualifying Distributions | $867,654 | — | $745,319 |
| Net Investment Income | $59 | — | $1 |
| Distributable Amount | — | — | $13,925 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
201 grants across all recorded years
Open Grants
3 open opportunities from New Yankee Stadium Community Benefits Fund Inc
New Yankee Stadium: Large Grants
NEW YANKEE STADIUM COMMUNITY BENEFITS FUND INC
Amount
Varies
Deadline
Rolling / Open
New Yankee Stadium: Small Grants
NEW YANKEE STADIUM COMMUNITY BENEFITS FUND INC
Amount
Varies
Deadline
Rolling / Open
New Yankee Stadium: Sports Equipment Grants
NEW YANKEE STADIUM COMMUNITY BENEFITS FUND INC
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Board members include:
- Arlene Hall
- Dedra Polite
- Leo Martinez
- Roberto Crespo
Board members volunteer their time without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ARLENE HALL | TREASURER | 10 | — |
Recent News & Activity
Recent developments and announcements
The fund has been active in supporting community initiatives in the Bronx, including:
Grants to Special Citizens Futures Unlimited
Special Citizens Futures Unlimited Receives New Yankee Stadium ...$50,000 in donations to struggling businesses near Yankee Stadium
Special Citizens Futures Unlimited Receives New Yankee Stadium ...Storefront improvement grant programs for businesses in the stadium vicinity
Yankees to donate $50,000 to struggling businesses near Yankee StadiumPartnership with Food Bank for NYC to address hunger in the Bronx
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.
What could you do with New Yankee Stadium Community Benefits Fund Inc on Grantable?
- Assess strategic fit with your organization
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