Feature Story

February 9, 2009

The New York Community Trust Gives $7 Million to Help Struggling New Yorkers

New York Community Trust:

Grants totaling $7,198,000 to eight New York nonprofits were approved today by the board of The New York Community Trust, the City’s community foundation, to help New Yorkers who are hungry or homeless, and those facing eviction or foreclosure. “These kinds of grants have always been a major part of our giving,” said Lorie Slutsky, The Trust’s president. “What’s different is that we have given significantly more money to agencies that have the ability to increase the number of people they help, but face a serious drop-off in private contributions and severe reductions in public funding. And we’re doing it early in the year.” The eight grants are part of a total grant package of $10,443,000 approved today by the board; at its February meeting last year, The Trust’s board approved grants totaling $3,982,000.

The Trust received an unsolicited contribution of $250,000 from Goldman Sachs Gives for this effort. "The New York Community Trust has been a consistent and effective advocate for New Yorkers for more than 85 years," said Dina Habib Powell, Managing Director and global head of Corporate Engagement. "The Trust's efforts are truly vital to our community."