Greater NY Foundation

Overview

The Greater NY Foundation, also known as Greater NY, is a 501(c)(3) nonprofit organization dedicated to fostering partnerships between nonprofit and private sector leaders to enhance civic engagement and problem-solving in New York City.

History

Greater NY was launched in response to the 2008 financial crisis as an initiative of the Mayor’s Fund to Advance New York City during the Bloomberg Administration. Initially conceived as a two-year program, it has evolved into an independent nonprofit organization since 2015. The foundation was co-founded by Cheryl Cohen Effron and Jamie Rubin.

Mission and Activities

The organization's primary mission is to bridge the gap between the corporate community and nonprofits by facilitating executive partnerships. These partnerships involve monthly confidential discussions between matched leaders from both sectors over a two-year period. The conversations focus on addressing management issues and complex social problems at both organizational and city-wide levels.

Programs

Executive Partnerships

Greater NY matches nonprofit CEOs with private sector executives for regular confidential meetings. This program aims to provide a platform for cross-sector learning and collaboration, helping nonprofit leaders address management challenges while enabling corporate leaders to apply their skills to social issues.

Greater NY Analyst Corps

This initiative pairs early-career financial professionals from corporate entities with finance staff at nonprofits. The teams work together on high-priority data analysis projects designed to address critical organizational needs.

Governance and Leadership

The organization is led by an experienced board and team, including Executive Director Alice Naude. The board consists of civic leaders with deep connections to New York City.

Financial Information

Greater NY relies on charitable donations for its operations. In recent years, the foundation has reported total revenues primarily from contributions, with no income from program services or investments. Key expenses include executive compensation and other salaries. The organization maintains significant assets with minimal liabilities.

Impact and Success

Greater NY measures its success through the effectiveness of its partnerships and the growth of a collaborative network. A high percentage of partnerships report meeting or exceeding their goals, with all partners expressing satisfaction with the program.

Category: Community Improvement, Capacity Building / Nonprofit Management
Type of Nonprofit: Educational, Charitable
EIN: 474856357