New York Community Bank Foundation
The New York Community Bank Foundation is a private foundation based in Lindenhurst, New York. It supports community development, homeownership and affordable housing in communities served by New York Community Bank, as well as local organizations in areas such as health, education and culture.
New York Community Bank Foundation at a glance
- Total assets
- $926,903
- +23.7% vs 2024
- Revenue (2025)
- $51,526
- -98.4% vs 2024
- Qualifying distributions (2025)
- $23,288
- -84.5% vs 2024
- Expenses (2025)
- $52,493
- -74.5% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to New York Community Bank Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and says it contributes only to preselected charitable organizations. The grant program states that prospective organizations may send a one-page introductory letter. Requests must be clear, well thought out and have realistic goals. Applicants must be registered 501(c)(3) nonprofits and meet the program’s eligibility and exclusion criteria.
- Contact
Mailing address: Pobox 955, Lindenhurst, NY 11757
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from New York Community Bank Foundation
Who New York Community Bank Foundation funds
How this funder distributes its grants
Grant Size Distribution
245 grants across all recorded years
The most common grant size was under $50K: 245 grants of 245 (100%).
Geographic Focus
Where this funder awards grants
The foundation’s stated focus is the local community served by New York Community Bank. Its grant program identifies as primary target areas those where the New York Community family of banks is an integral part of the neighboring business community. The listed 2024 grant to Hofstra University was in Hempstead, New York.
Grant Distribution by State
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $4K (2024) to $328K (2019). In 2024 it made 5 grants totaling $4K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Babylon Citizens Council on the Arts (Bacca) Babylon, NY | 50TH Anniversary Fundraising Event | $1,000 |
| WDN Resource Center Miller Place, NY | Women's Summit Sponsorship | $1,000 |
| Hofstra University Hempstead, NY | Support Diversity Dinner Fundraiser | $750 |
| Li Museum of American Art History & Carriages Stony Brook, NY | Support Gala | $750 |
| Christina Renna Foundation Lindenhurst, NY | Support Fundraiser for Cancer Research | $600 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $926,903 | $51,526 | $52,493 | — | — | $23,288 | $49,444 | $41,372 |
| 2024 | $749,236 | $3,158,490 | $205,778 | $4,100 | 5 | $149,764 | $3,097,643 | $36,355 |
| 2023 | $9,642,923 | $1,427,432 | $711,833 | $160,250 | 54 | $404,892 | $1,215,883 | $482,845 |
| 2022 | $9,139,983 | $714,300 | $703,529 | $261,350 | 92 | $503,265 | $592,973 | $515,098 |
| 2021 | $12,907,454 | $714,300 | $724,245 | $316,300 | 94 | $625,260 | $648,568 | $613,204 |
| 2020 | $11,149,440 | $1,051,536 | $697,702 | $315,850 | 90 | — | $920,309 | $548,553 |
| 2019 | $14,562,274 | $834,119 | $812,344 | $327,950 | 97 | — | $628,575 | $671,565 |
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.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation says its grants are intended to further community development, expand homeownership opportunities and provide access to affordable housing in the local community served by New York Community Bank. It also supports local community organizations in health, education and culture that contribute to quality of life.
The grant program is limited to registered 501(c)(3) nonprofits. Its primary target areas are places where the New York Community family of banks is an integral part of the neighboring business community. The program excludes religious, political and fraternal organizations, as well as individuals.
One example of a supported organization is Hofstra University, which received $750 in 2024. Hofstra describes itself as an institution of higher learning offering undergraduate, graduate and professional programs, along with co-curricular and cultural programs and activities.
Grantmaking
In 2024, the foundation reported five grants totaling $4,100. In 2023, it reported 54 grants totaling $160,250. A 2025 filing reported no grants.
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation’s 2025 filing lists Marian Conway as executive director; R. Patrick Quinn as secretary; Thomas Calabrese as board chair; and Dominick Ciampa and Geogianna Reese Benatti as board members.
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
The highest reported compensation on the 2024 filing was $51K, to Marian Conway (Executive Director).
Frequently asked questions about New York Community Bank Foundation
How large is New York Community Bank Foundation?
New York Community Bank Foundation reported $927K in total assets on its 2025 IRS Form 990-PF. It paid out $23K in qualifying distributions that year, against a required minimum of $41K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does New York Community Bank Foundation fund?
The foundation says its grants are intended to further community development, expand homeownership opportunities and provide access to affordable housing in the local community served by New York Community Bank. See mission & focus areas ↑
How do I apply for a grant from New York Community Bank Foundation?
The foundation does not accept unsolicited requests for funds and says it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does New York Community Bank Foundation make grants?
The foundation’s stated focus is the local community served by New York Community Bank. Its grant program identifies as primary target areas those where the New York Community family of banks is an integral part of the neighboring business community. The listed 2024 grant to Hofstra University was in Hempstead, New York.
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.
Does New York Community Bank Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(4)
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
Live grants for the work New York Community Bank Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
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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