New York City Partnership Foundation Inc

“Each of Kathryn Wylde, Maria Gotsch, Anthony Giugliano, Peter Cohen, Jennifer Fine, Merrill Pond, Arminda Avilles-Kelly, Stacey Malten, and Erin Jurew have a business relationship with each other through related entities, New York City Investment Fund Manager, Inc. and The Partnership for New York City, Inc.”

“The Form 990 prepared by management and reviewed by the independent accounting firm is provided to the Foundations Audit Committee for review and discussion with management and the independent accounting firm prior to being filed. The Audit Committee also reviews and accepts the Foundations audited financial statements. After the Audit Committee reviews the Form 990 with management and the independent accountant and their questions are answered, the independent accountant and Treasurer sign the Form. The final, signed Form 990 is provided to the Foundations Board members prior to filing with the IRS.”

“Conflict of interest policy statements signed and returned by non-employee directors and officers of the Foundation are kept on file in the office of the General Counsel of the Foundation. In the event a conflict is determined, the General Counsel discusses the conflict with the President/CEO of the Foundation, who in turn would discuss the conflict with the appropriate committee of the Board of Directors the Board, or the Board of Directors of the Foundation, as applicable. The final determination about actual or potential conflicts is made by the Board of Directors of the Foundation.”

“The Foundation does not have any employees. The compensation reported in Form 990 Part IX represents the amount of salary and benefit expenses paid by a related entity, The Partnership for New York City, Inc. The Partnership, to its most highly compensated employees.”

“Copies of the Foundations financial statements, conflict of interest policy and governing documents are available to the public upon request.”

“Program Service Expenses 3,326,434, Grants and allocations 3,326,434, Revenue 0 The Homeless Assistance Fund the Fund is a public-private initiative to provide services and mental health resources to New Yorkers experiencing homelessness. The Fund is an initiative with Breaking Ground Housing Development Corporation Breaking Ground, a homeless outreach and housing nonprofit 501c3, to accelerate getting unsheltered New Yorkers and individuals living with mental illness into the treatment programs and housing they need. The New York City Partnership Foundation, Inc. entered into a grant agreement with Breaking Ground in 2022 to launch the Fund, a unique public-private initiative with the city and Breaking Grounds Connect to Care program. Connect to Care supplements existing outreach programs with more intensive outreach and trust-building among New York Citys most vulnerable and entrenched homeless population and accelerates getting these individuals into treatment programs and housing. The program reaches those who have been unsheltered the longest, have the most disabling conditions, and are least likely to access housing resources.”

“Program Service Expenses 297,927, Grants and allocations 0, Revenue 0 We Love NYC Campaign is a public education campaign to address the challenges to New York City stemming from the COVID-19 pandemic and the post-pandemic future of New York City.”

“Program Service Expenses 30,000, Grants and allocations 0, Revenue 30,000 Strategic Initiatives transportation study regarding opportunities for new, reinvigorated approaches to New Yorks housing challenges, which will address significant issues with pollution, congestion, freight movement, and lack of adequate transportation, often very close to economic centers of activity where access to high-quality multimodal transport options is limited.”

“Program Service Expenses 250,000, Grants and allocations 250,000, Revenue 0 Small Business Resource Network/Open Online SBRN is a comprehensive approach to small business resiliency offering free, personalized guidance and support to NYC businesses via a collaborative partnership between the five borough chambers of commerce, with generous support from The City of New York. The program targeted MWBE small business entrepreneurs with little to no digital presence, providing support an increasingly digital marketplace to help them access free support and technical assistance so that their businesses can continue to grow and thrive. Our unique service-delivery model places Business Support Specialists on the ground in neighborhoods across the city, helping businesses connect to free resources offered by both the public and private sectors, including financing, marketing, technology e-commerce, legal, general business counseling, and navigating agencies. Since early 2021 and with funding raised by The Partnership for New York City, Inc., Open Online has been a free resource to help small businesses establish or improve their digital presence.”

“Other changes consist of 280,356 of unrealized loss on charitable, program-related loans.”