2025-11-05T03:03:53-00:00 2024-12-31 132781641 Mitchell & Titus LLP 80 Pine Street New York NY 10005 990 2024-01-01 133202011 New York City Partnership Foundation Inc % Anthony Giugliano NEWY 2124937400 One Battery Park Plaza STE 5th floo New York NY 100041479 Anthony Giugliano Treasurer 2124937503 2025-11-05 false Anthony Kendall P00446023 2127094500 2025-11-05 X 2024 2025-03-06 01:10:19Z Maria Gotsch One Battery Park Plaza STE 5th floo New York NY 10004 11228697 false X pfnyc.org X 1983 NY To advance the economy of New York City and contribute directly to projects that create jobs, improve economically distressed communities and stimulate new business creation. 7 5 0 6 0 5453600 3201500 241906 235146 1521109 1663044 0 7216615 5099690 4145816 3776435 0 1240145 1512941 0 29305 3613716 893241 8999677 6182617 -1783062 -1082927 43400092 41678527 549874 603205 42850218 41075322 X See Schedule O false false 1473373 235146 Portfolio Program Services Provided financial assistance in the form of loans to existing projects in New York City. Also, during 2024, our Innovation Labs strategy advanced the application of new technologies to address urban challenges, including helping government agencies deliver services more effectively. Innovation Labs have been established in critical sectors where transformative technology solutions can have the greatest impact on city infrastructure and public services and the New Yorkers who rely on them. 200000 200000 Grants to Affiliate Supported The Partnership for New York City Inc. policy development and analysis activities related to issues such as economic development, educational job creation, transportation, environmental sustainability, and public education in New York City. 169070 The David Rockefeller Fellows was established in 1989 as a tribute to the civic leadership of The Partnership for New York Citys founding chairman, and to educate and engage a rising generation of private sector leaders in the civic needs of New York City so they will be able to take an active role in shaping New York Citys future. Each year approximately 30 Fellows are selected to participate in meetings and site visits that will provide a network for personal leadership development and to help Fellows become aware of the opportunities for public-private partnerships and the benefits of the partnerships between the City and their business. The Fellows meet with a number of CEOs from member companies of The Partnership for New York City, Inc., a related entity. The program counts over 500 alumni, most of whom remain active in Organization activities on an ongoing basis. 3904361 3576434 30000 5746804 true true false true false false false false false true false false true false true true true false false false false false false false false false false true false true false false false false false false false false false false false false false true false true false true 7 0 0 false false false false false false false false false false false false X 7 5 true false false false false false false true true false false true true true true true true false false false NY X Anthony Giugliano 2124937503 One Battery Park Plaza New York NY 10004 Kathryn S Wylde Vice President and Director 001.00 049.00 X X 0 1637498 55403 Maria Gotsch President and Director 020.00 025.00 X X 0 840355 39149 Anthony Giugliano Treasurer 005.00 040.00 X 0 456458 38926 Merrill Pond Executive Vice President 040.00 X 0 330726 50828 Jennifer Fine Executive Vice President 040.00 X 0 341042 37080 Peter M Cohen Secretary 006.00 039.00 X 0 288118 35011 Erin Jurew Senior Vice President 001.00 039.00 X 0 279805 39162 Arminda Aviles Kelly Senior Vice President 002.00 038.00 X 0 261621 34001 Stacey Matlen Senior Vice President 040.00 X 0 268766 19793 Peter A Flaherty Chairman and Director 000.20 X X 0 0 0 Stewart K Gross Director 000.30 X 0 0 0 Jukay Hsu Director, through 10/3/24 000.20 X 0 0 0 Philip Mindlin Director 000.30 X 0 0 0 Howard L Sanders Director 000.30 X 0 0 0 Khary Barnes Director 000.20 X 0 0 0 4704389 349353 false true false Girl and The Bay LLC 500 6th Avenue 2 New York NY 10011 We Love NYC Educational Campaign Consultant 158299 1 3201500 3201500 Interest income-charitable purpose loans 900099 204362 204362 Royalty income-charitable purpose grants 900099 30784 30784 235146 1591648 1591648 6200403 6129007 71396 71396 71396 5099690 235146 1663044 3776435 3776435 0 0 0 873137 734990 138147 0 499959 417992 67492 14475 24517 19997 3735 785 74882 60022 12802 2058 40446 33780 5461 1205 0 387 387 83002 14085 68917 0 11600 11600 359325 357609 1716 0 34817 30067 4654 96 69471 61763 7708 0 198142 168312 27164 2666 6242 6201 41 0 72049 29999 42050 0 0 0 29311 14038 11765 3508 28895 21514 2869 4512 6182617 5746804 406508 29305 2640202 1343275 5759872 1595107 4000 80213 46025 31001204 32617883 79205 71611 3811365 6004626 24031 43400092 41678527 100012 83672 449862 519533 549874 603205 X 37739335 37128741 5110883 3946581 42850218 41075322 43400092 41678527 X -1082927 -411613 -280356 X false true X true false X 2571904 4023000 9582598 5453600 3201500 24832602 2571904 4023000 9582598 5453600 3201500 24832602 6215437 18617165 1171543 656137 626501 1344920 1591648 5390749 30223351 1846272 0.61600 0.60960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6171016 6171016 458551 114638 483415 523096 598810 458551 2063872 3095808 II-A 2 The Organization made its first section 501h election for the tax year ending December 31, 2015 and the election was not revoked before the start of the Organizations tax year starting January 1, 2024. false 3478278 352873 169070 3662081 3202178 443496 167396 3478278 3984641 -629677 152786 3202178 3670776 406200 92335 3984641 3254516 454140 37880 3670776 0.51000 0.49000 false false Financial derivatives and other financial products Closely-held equity interests Charitable loans 5966467 F Charitable loan interest and other receivables 38159 F 6004626 Federal income taxes Due to Affiliates 519533 519533 4896612 -411613 220135 -191478 5088090 11600 11600 5099690 6671508 220135 220135 6451373 11600 -280356 -268756 6182617 V 4 Earnings from the endowment fund are used to fund the David Rockefeller Fellows Program. X 1. 1 Management has concluded that the organization has no uncertain tax positions that require recognition or further disclosure in the accompanying financial statements. XII 4b Other amount consists of 280,356 of unrealized loss on charitable, program-related loans. true The Partnership for New York City Inc One Battery Park Plaza New York NY 10004 133056559 501c6 200000 Book Policy development Breaking Ground Housing Development Fund Corporation 505 Eighth Avenue 5th Floor New York NY 10018 113048002 501c3 3326434 Book Homeless Assistance Fund 1 1 Part I Line 1 The grant to The Partnership for New York City, Inc. is made on a reimbursement basis of actual expenditures substantiated by reports submitted by the grantee. Part I Line 2 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. New York City Partnership Foundation, Inc. the Foundation 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 Foundation receives quarterly reports of operating results versus budget, and statistics on program achievements from Breaking Ground on a regular basis and reviews the reports for compliance with the terms of the grant agreement. false true false false false false false false false Kathryn S Wylde Vice President and Director 1014498 600000 23000 20700 34703 1692901 Maria Gotsch President and Director 699477 140878 20700 18449 879504 Anthony Giugliano Treasurer 396716 59742 20700 18226 495384 Jennifer Fine Executive Vice President 296044 44998 17997 19083 378122 Merrill Pond Executive Vice President 286415 44311 17721 33107 381554 Peter M Cohen Secretary 273118 15000 16562 18449 323129 Erin Jurew Senior Vice President 253805 26000 5400 33762 318967 Stacey Matlen Senior Vice President 233666 35100 14038 5755 288559 Arminda Aviles Kelly Senior Vice President 237623 23998 14397 19604 295622 Part I Line 3 The New York City Partnership Foundation, Inc. the Foundation does not have any employees. The compensation reported in Schedule J Part II 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. The Partnerships Compensation Committee the Committee is an independent committee comprised of members of The Partnerships Board of Directors. The Committee is comprised of individuals unrelated to, and not subject to, the control of management. The Committee members do not have any material financial interest in its transactions. The Committee members do not receive compensation subject to managements approval. The Committee engages a benefit consulting firm on an annual basis to prepare a competitive compensation analysis for the Partnerships most highly compensated employees prior to making its decision. The consultant collects pertinent data of comparable positions at peer organizations and includes the information in a report to the Committee. The comparable data is compensation ordinarily provided by similarly situated organizations which are comparable in size, nature, and operations. The consultant also includes data that describes current year trends in overall staff compensation increases. The final report is provided to and relied upon by the Committee. The Committee maintains adequate and contemporaneous documentation. Terms of the Committees deliberations and its conclusions are agreed upon and recorded in writing prior to the date compensation changes are instituted. The documentation records the decision-making process and the actions of the Committee members. Part I Line 4b Kathryn Wylde participates in a nonqualified deferred compensation plan with the New York City Investment Fund Manager, Inc., a related organization. During the year 2024, she did not receive any payments from the plan. Form 990, Part III, Line 4d 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. Form 990, Part III, Line 4d 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. Form 990, Part III, Line 4d 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. Form 990, Part III, Line 4d 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. Form 990, Part VI, Line 2 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. Form 990, Part VI, Section B, Line 11b 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. Form 990, Part VI, Section B, Line 12c 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. Form 990, Part VI, Section B, Line 15 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. Form 990, Part VI, Section C, Line 19 Copies of the Foundations financial statements, conflict of interest policy and governing documents are available to the public upon request. Form 990, Part XI, Line 9 Other changes consist of 280,356 of unrealized loss on charitable, program-related loans. The Partnership for New York City Inc One Battery Park Plaza New York NY 10004 133056559 business association NY 501c6 N/A false Fund for New York's Future Inc One Battery Park Plaza New York NY 10004 421729265 promote NYC welfare NY 501c4 see Part VII false Coalition for New York's Future Inc One Battery Park Plaza New York NY 10004 274201240 promote NYS economy NY 501c4 see Part VII false New York City Investment Fund Manager Inc One Battery Park Plaza New York NY 10004 133905863 manage assets NY see Part VII C Corp false false true false false false false false false false false false false false true true false false false false The Partnership for New York City Inc b 200000 Cost The Partnership for New York City Inc n 102441 Cost The Partnership for New York City Inc o 142436 Cost Part II Line 2f Direct controlling entity is The Partnership for New York City, Inc. Part III Line 3f Direct controlling entity is The Partnership for New York City, Inc. Part IV Line 1d Direct controlling entity is The Partnership for New York City, Inc.