Stella and Charles Guttman Foundation, Inc.

Overview

The Stella and Charles Guttman Foundation, Inc. is a New York not-for-profit corporation established in 1959 by Charles Guttman, a successful New York entrepreneur, and his wife Stella. Charles Guttman was known for his profound social conscience, which has been a guiding principle in the foundation's charitable efforts.

History and Contributions

Since its founding, the Stella and Charles Guttman Foundation has contributed significantly to charitable organizations, primarily in the New York City area. By 2023, it had donated over $108 million to various causes, reflecting its commitment to improving the lives of those in need within its community.

Programmatic Focus

The foundation focuses on supporting programs that enhance educational opportunities and provide health and social services for children, youth, and families in low-income neighborhoods. In recent years, it has emphasized early childhood programs that serve infants, toddlers, and preschoolers, especially as they transition to kindergarten. This includes efforts to improve program quality, expand services, and create a strong continuum of care for children aged 0-3 in high-need neighborhoods.

In 2013, the foundation made a notable investment of $25 million to the City University of New York (CUNY) to support its community colleges through the College Success Initiative. This initiative aims to enhance retention and graduation rates among New York City public school students at CUNY, facilitating their transition to baccalaureate programs.

Strategic Investments

The foundation's strategic investments in early childhood programs include the expansion of evidence-based home visiting programs, infant health and mental health services, and professional development for center-based and home-based caregivers. It also supports place-based efforts that integrate fragmented services into a coordinated network of education, health, and social services for children and their families in neighborhoods with high poverty levels and concentrations of public housing.

Grantmaking Policy

To qualify for grants, organizations must be 501(c)(3) charitable entities, and their services must be provided within New York City's five boroughs. Grants for endowments, building funds, and capital campaigns are rarely considered. The foundation reviews proposals throughout the year, meeting four times annually to evaluate submissions.

Legacy

The Stella and Charles Guttman Foundation continues the philanthropic legacy of its founders, dedicated to providing support and services to those in need within New York City's underserved communities.