New York Community Bank Foundation
The New York Community Bank Foundation is a corporate foundation established in 1997 and designated as a 501(c)(3) organization. Based in the Long Island area (with addresses listed in both Roslyn and Lindenhurst, NY), the foundation operates as the philanthropic arm of New York Community Bank and is committed to supporting community development and quality of life initiatives in the bank's service areas.
Key facts about New York Community Bank Foundation
- EIN
- 11-3354472
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $926,903
Data from IRS Form 990-PF, 2025; updated September 2026.
How New York Community Bank Foundation gives
- Giving fell 99% from 2021 to 2024. Method
- In 2025 it paid out 56% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with New York Community Bank Foundation
- How to evaluate New York Community Bank Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to New York Community Bank Foundation with AI
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- Track this opportunity in a free grant tracker
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$927K
+23.7% YoY
Revenue
$52K
-98.4% YoY
Qualifying Distributions
$23K
-84.5% YoY
Expenses
$52K
-74.5% YoY
Under IRS private-foundation payout rules, New York Community Bank Foundation reported a distributable amount of $41K for 2025 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation is committed to providing grants designed to:
- Further community development
- Expand home ownership opportunities
- Provide access to affordable housing in local communities served by New York Community Bank
- Support community organizations that contribute to quality of life
The foundation supports organizations involved in the following areas:
- Arts and culture
- Education
- Health
- Hunger
- Human services
Grantmaking
The foundation supports various grant purposes including fundraiser support, general operating funds, event sponsorship, student support, and walk-a-thon support.
Grant Range
$300–$5,000
Average Grant
amount: Not specified in sources
Ready to take the next step with New York Community Bank Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New York, with particular emphasis on communities served by New York Community Bank, including Queens and Long Island areas.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023 (Most Recent Filing)
- Total assets: $9,642,923
- Total revenues: $1,427,432
- Total expenses: $711,833
- Total liabilities: $3,120,000
- Number of employees: 2
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $926,903 | $749,236 | $9,642,923 |
| Revenue | $51,526 | $3,158,490 | $1,427,432 |
| Expenses | $52,493 | $205,778 | $711,833 |
| Qualifying Distributions | $23,288 | $149,764 | $404,892 |
| Net Investment Income | $49,444 | $3,097,643 | $1,215,883 |
| Distributable Amount | $41,372 | $36,355 | $482,845 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 5, 2020)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS January 29, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2025
Grant Size Distribution
245 grants across all recorded years
Open Grants
1 open opportunity from New York Community Bank Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Leadership & Key People
Officers and directors from IRS filings
New York Community Bank Foundation is led by Marian Conway, Executive Director on every filing since 2019; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Marian Conway
Executive Director
On filings since 2019
1 hr/week
$125K (2019) → $0 (2025)
Thomas Calabrese
Board Chair
Chairman → Board Chair, 2020
On filings since 2019
1 hr/week
No compensation reported
Dominick Ciampa
Board Member
Director → Board Member, 2025
On filings since 2019
1 hr/week
No compensation reported
R. Patrick Quinn
Secretary
Director & Secretary → Secretary, 2020
On filings since 2019
1 hr/week
No compensation reported
Geogianna Reese Benatti
Board Member
New on the 2025 filing
No compensation reported
Former officers (11)
- Former: James J. Carpenter (2019–2024) — Director
- Former: James J. O'Donovan (2019–2024) — Director
- Former: John T. Adams (2019–2024) — Director
- Former: Thomas R. Cangemi (2019–2024) — Director
- Former: Georgiana Reese-Benatti (2020–2024) — Director
- Former: John Pinto (2021–2024) — Treasurer
- Former: Michael J. Levine (2019–2021) — Director
- Former: Joseph R. Ficalora (2019–2020) — President & CEO
- Former: Maureen E. Clancy (2019–2020) — Director
- Former: Cindy Krezel (2019) — Senior Program Officer
- Former: Georgiana Reese (2019) — Director & Vice President
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does New York Community Bank Foundation fund?
The foundation is committed to providing grants designed to: • Further community development • Expand home ownership opportunities • Provide access to affordable housing in local communities served by New York Community Bank • Support community organizations that contribute to quality of life The foundation supports organizations involved in the following areas: • Arts and culture • Education • Health • Hunger • Human services
How do I apply for a grant from New York Community Bank Foundation?
**Grant Activity (2023)** • Total grants made: 92 grants • Total giving: $160,250 • Typical grant range: $300–$5,000 • Average grant amount: Not specified in sources • Median grant amount: Not specified in sources **Recent Grant Examples (2023)** • Tiegerman School: $5,000 (Support Fundraiser Honoring J. O'Donovan) • Little Flower Children Family Services of New York: $5,000 (Innovation Fund) The foundation supports various grant purposes including fundraiser support, general operating funds, e…
Where does New York Community Bank Foundation make grants?
The foundation primarily funds organizations in New York, with particular emphasis on communities served by New York Community Bank, including Queens and Long Island areas.
How much is New York Community Bank Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, New York Community Bank Foundation reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is New York Community Bank Foundation's EIN?
New York Community Bank Foundation's EIN (Employer Identification Number) is 11-3354472. IRS Form 990 filing data is available on this page for 2019–2025.
Explore Open Grants
Browse active grant opportunities in New York Community Bank Foundation's focus areas in our free grants database
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.