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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$749K
-92.2% YoY
Annual Giving
$4K
-97.4% YoY
Grant Count
5
-90.7% YoY
Avg Grant Size
$820
-72.4% YoY
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $749,236 | $9,642,923 | $9,139,983 |
| Revenue | $3,158,490 | $668,052 | $714,300 |
| Expenses | $205,778 | $711,833 | $703,529 |
| Qualifying Distributions | $149,764 | $404,892 | $503,265 |
| Net Investment Income | $3,097,643 | $456,503 | $592,973 |
| Distributable Amount | $36,355 | $493,401 | $515,098 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
205 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 .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN ADAMS | DIRECTOR | 2 | — |
| THOMAS CALABRESE | BOARD CHAIR | 2 | — |
| JAMES CARPENTER | DIRECTOR | 2 | — |
| DOMINICK CIAMPA | DIRECTOR | 2 | — |
| THOMAS CANGEMI | DIRECTOR | 2 | — |
| JOHN PINTO | TREASURER | 2 | — |
| JAMES O'DONOVAN | DIRECTOR | 2 | — |
| R PATRICK QUINN | SECRETARY | 2 | — |
| GEORGIANA REESE-BENATTI | DIRECTOR | 2 | — |
| MARIAN CONWAY | EXECUTIVE DIRECTOR | 37.5 | $51,087 |
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 York Community Bank Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities