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2018 Annual Report

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2018 Annual Report Board of Directors The New York Cares Board of Directors are dedicated professionals who bring a wealth of public and private sector experience and are committed to driving community impact through volunteerism. President Board Members Paul J. Taubman James L. Amine, Head of Private Credit Chairman and CEO, PJT Partners Opportunities, Credit Suisse Rene Brinkley, Brand Marketing Manager, CNBC 2018 Vice President Audrey Choi, Chief Marketing Officer and Chief Kathy Behrens Sustainability Officer, Morgan Stanley Annual President, Social Responsibility and Player K. Don Cornwell, Partner, PJT Partners Programs, National Basketball Association Joyce Frost, Partner, Riverside Risk Advisors LLC Report Vice President Gail B. Harris, President Emeritus, John B. Ehrenkranz Board Director and Investor Chief Investment Officer, Julie Turaj Ehrenkranz Partners L.P. Robert Walsh, Chief Financial Officer, Evercore Partners Janet Zagorin, Principal, Opal Strategy LLC Vice President Adam Zotkow, Partner, Goldman Sachs Michael Graham Senior Managing Director & Country Honorary Board Members Head - USA, OMERS Private Equity USA Edward Adler, Partner, RLM Finsbury Richard Bilotti, Head of Technology, Media, Secretary and Telecommunications Research, Keith A. Grossman P. Schoenfeld Asset Management President, TIME Cheryl Cohen Effron Ken Giddon, President, Rothman’s We Co-Treasurer Union Square Neil K. Dhar Partner, Head of Financial Services, Sheldon Hirshon, ESQ, SIH PriceWaterhouseCoopers LLP Enterprises, a Division of MC Acquisitions LLC Co-Treasurer Robert Levitan, Chief Executive Jeanne Straus Officer, Pando Networks, Inc. President, Straus News, Our Town, West David Rabin, Partner, The Lambs Side Spirit, Our Town Downtown Club and Double Seven Michael Schlein, President and believe CEO, Accion International Rising Leaders Council The Rising Leaders Council is a group of 40 young professionals who spearhead volunteer projects and raise funds in support of New York Cares. in a New Our Leadership Event & Fundraising Co-Chair Co-President Charlotte Savino, Davis Polk Gus Garcia, BAML (Bank of America Merrill Lynch) Membership & Social Engagement Chair Co-President Elyse Cromer, Entrepreneur Melody Serafino, No. 29 Communications Membership & Social Engagement Chair Finance Chair Laura Humphrey, OMERS Brett Davis, Cigna Corporate Engagement Chair Event & Fundraising Co-Chair Sandra Will, Renaissance Management York for Ashton McLeod, BerlinRosen Event & Fundraising Co-Chair As of 08/01/19 Emily Panzer, Pitney Bowes Affiliations for identification purposes only. everyone New York Cares, Inc. New York Cares meets 65 Broadway, 19th floor New York, NY 10006 pressing community needs (212) 228-5000 by mobilizing caring New newyorkcares.org [email protected] Yorkers in volunteer service. Board of Directors The New York Cares Board of Directors are dedicated professionals who bring a wealth of public and private sector experience and are committed to driving community impact through volunteerism. President Board Members Paul J. Taubman James L. Amine, Head of Private Credit Chairman and CEO, PJT Partners Opportunities, Credit Suisse Rene Brinkley, Brand Marketing Manager, CNBC 2018 Vice President Audrey Choi, Chief Marketing Officer and Chief Kathy Behrens Sustainability Officer, Morgan Stanley Annual President, Social Responsibility and Player K. Don Cornwell, Partner, PJT Partners Programs, National Basketball Association Joyce Frost, Partner, Riverside Risk Advisors LLC Report Vice President Gail B. Harris, President Emeritus, John B. Ehrenkranz Board Director and Investor Chief Investment Officer, Julie Turaj Ehrenkranz Partners L.P. Robert Walsh, Chief Financial Officer, Evercore Partners Janet Zagorin, Principal, Opal Strategy LLC Vice President Adam Zotkow, Partner, Goldman Sachs Michael Graham Senior Managing Director & Country Honorary Board Members Head - USA, OMERS Private Equity USA Edward Adler, Partner, RLM Finsbury Richard Bilotti, Head of Technology, Media, Secretary and Telecommunications Research, Keith A. Grossman P. Schoenfeld Asset Management President, TIME Cheryl Cohen Effron Ken Giddon, President, Rothman’s We Co-Treasurer Union Square Neil K. Dhar Partner, Head of Financial Services, Sheldon Hirshon, ESQ, SIH PriceWaterhouseCoopers LLP Enterprises, a Division of MC Acquisitions LLC Co-Treasurer Robert Levitan, Chief Executive Jeanne Straus Officer, Pando Networks, Inc. President, Straus News, Our Town, West David Rabin, Partner, The Lambs Side Spirit, Our Town Downtown Club and Double Seven Michael Schlein, President and believe CEO, Accion International Rising Leaders Council The Rising Leaders Council is a group of 40 young professionals who spearhead volunteer projects and raise funds in support of New York Cares. in a New Our Leadership Event & Fundraising Co-Chair Co-President Charlotte Savino, Davis Polk Gus Garcia, BAML (Bank of America Merrill Lynch) Membership & Social Engagement Chair Co-President Elyse Cromer, Entrepreneur Melody Serafino, No. 29 Communications Membership & Social Engagement Chair Finance Chair Laura Humphrey, OMERS Brett Davis, Cigna Corporate Engagement Chair Event & Fundraising Co-Chair Sandra Will, Renaissance Management York for Ashton McLeod, BerlinRosen Event & Fundraising Co-Chair As of 08/01/19 Emily Panzer, Pitney Bowes Affiliations for identification purposes only. everyone New York Cares, Inc. New York Cares meets 65 Broadway, 19th floor New York, NY 10006 pressing community needs (212) 228-5000 by mobilizing caring New newyorkcares.org [email protected] Yorkers in volunteer service. Board of Directors The New York Cares Board of Directors are dedicated professionals who bring a wealth of public and private sector experience and are committed to driving community impact through volunteerism. President Board Members Paul J. Taubman James L. Amine, Head of Private Credit Chairman and CEO, PJT Partners Opportunities, Credit Suisse Rene Brinkley, Brand Marketing Manager, CNBC 2018 Vice President Audrey Choi, Chief Marketing Officer and Chief Kathy Behrens Sustainability Officer, Morgan Stanley Annual President, Social Responsibility and Player K. Don Cornwell, Partner, PJT Partners Programs, National Basketball Association Joyce Frost, Partner, Riverside Risk Advisors LLC Report Vice President Gail B. Harris, President Emeritus, John B. Ehrenkranz Board Director and Investor Chief Investment Officer, Julie Turaj Ehrenkranz Partners L.P. Robert Walsh, Chief Financial Officer, Evercore Partners Janet Zagorin, Principal, Opal Strategy LLC Vice President Adam Zotkow, Partner, Goldman Sachs Michael Graham Senior Managing Director & Country Honorary Board Members Head - USA, OMERS Private Equity USA Edward Adler, Partner, RLM Finsbury Richard Bilotti, Head of Technology, Media, Secretary and Telecommunications Research, Keith A. Grossman P. Schoenfeld Asset Management President, TIME Cheryl Cohen Effron Ken Giddon, President, Rothman’s We Co-Treasurer Union Square Neil K. Dhar Partner, Head of Financial Services, Sheldon Hirshon, ESQ, SIH PriceWaterhouseCoopers LLP Enterprises, a Division of MC Acquisitions LLC Co-Treasurer Robert Levitan, Chief Executive Jeanne Straus Officer, Pando Networks, Inc. President, Straus News, Our Town, West David Rabin, Partner, The Lambs Side Spirit, Our Town Downtown Club and Double Seven Michael Schlein, President and believe CEO, Accion International Rising Leaders Council The Rising Leaders Council is a group of 40 young professionals who spearhead volunteer projects and raise funds in support of New York Cares. in a New Our Leadership Event & Fundraising Co-Chair Co-President Charlotte Savino, Davis Polk Gus Garcia, BAML (Bank of America Merrill Lynch) Membership & Social Engagement Chair Co-President Elyse Cromer, Entrepreneur Melody Serafino, No. 29 Communications Membership & Social Engagement Chair Finance Chair Laura Humphrey, OMERS Brett Davis, Cigna Corporate Engagement Chair Event & Fundraising Co-Chair Sandra Will, Renaissance Management York for Ashton McLeod, BerlinRosen Event & Fundraising Co-Chair As of 08/01/19 Emily Panzer, Pitney Bowes Affiliations for identification purposes only. everyone New York Cares, Inc. New York Cares meets 65 Broadway, 19th floor New York, NY 10006 pressing community needs (212) 228-5000 by mobilizing caring New newyorkcares.org [email protected] Yorkers in volunteer service. Education College Access Dear friends, We believe that access to education is 2018 Financial Statement Financial Supporters fundamental to community development. The Need: In high-income NYC neighborhoods, New York Cares makes it possible for New Yorkers to play a Our Education and Family programs provide the percentage of individuals with bachelor’s Thanks to the generosity of a multitude of corporate, foundation, government, and individual direct role in addressing our city’s most pressing needs resources to New Yorkers of all ages to learn degrees or above is as high as 85%. In Expenses Public Support and Revenue financial supporters, we supported 1,100 NYC nonprofits and schools and served nearly lower-income areas, it’s as low as 7%. through meaningful, on-the-ground service. In this and thrive. Our Education programming 475,000 New Yorkers in 2018. dynamic and prosperous city, millions still face includes children’s education and Our Impact: Our College Access programs Statement of Financial Position Statement of Activities poverty, hunger, and homelessness. In 2018, caring enrichment, College Access programs, and provide free
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