Return of Organization Exempt From Income Tax OM B No. Form 990 Under section 501 (c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations) 2013 made public. "Z.OPenV,PU Department of the Treasury ► Do not enter Social Security numbers on this form as It may be Internal Revenue Service A For the 2013 calendar ear or tax ear Innis and endin of organ¢ation D Employer identification number B Ctre& U apprrabla C Name q Adddressctange The New York Communi ty Trust Business As 13-3062214 q Name charge Ong Number and street (or P 0 box If mall is not delivered to street address) Room/sude E Telephone number q I` `shy 909 Third Avenue „ w, i7 9-ARr._nn1 n q Temtlrialed City or town, state or province . country, and ZIP or foreign postal code q Amendedreum New York NY 10022 i c Gross recelots $ 835,409,715 q pending F Name and address of principal officer R-A AW-ation H(s) Is this Lorie A. Slutsky a group return for subordinates? yes No 909 Third Avenue, 22nd Fl. H(b) Are all subordinates biduded? q Yes q No New York NY 10022 If 'No," attach a list (see trotrudions) I Tax-exempt status X 501 (.)(3) 501 (c) / insert no ) 4947(a)( 1 ) or 527 .i website wow. nvcommunitvtrust . org K Form of oreaniratnn: I Corporation IJL Trust I Association I I Other P I L Year of formation ' . -7 d& + I M stets OT sepal 00111111m: L14 A 'Pitt I- Summa ry I Briefly describe the organization's mission or most significant activities - - See Schedule 0 -- c E m q organization discontinued its operations or disposed of more than 25% of its ne sets 2 Check this box ► if the ed 3 Number of voting members of the governing body (Part VI, line 1a) t^ U 3 12 ^F tVE^ 4 Number of independent voting members of the governing body (Part Vi, lin 1 b) RE 4 11 5 Total number of individuals employed in calendar year 2013 (Part V. line 2a 5 70 6 Total number of volunteers (estimate if necessary) Q1 ' 6 1 7a Total unrelated business revenue from Part VIII, column (C), line 12 0 5 7a 4 , 125 , 169 b Net unrelated business taxable income from Form 990-T, line 34 L 7b 3 411 059 ON CurrentYear m 8 Contributions and grants (Part VIII, line 1h) 191 951 786 145 , 051 , 661 c 9 Program service revenue (Part Vill, line 2g) 0 0 10 Investment income (Part Vill, column (A), lines 3, 4, and 7d) 64 , 886 , 294 130 , 262 , 565 11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 1le) 5 , 844 , 179 8 , 832 , 978 12 Total revenue - add lines 8 throh11 mustequal Part Vill column (A), line 12) 262 , 682 , 259 284 , 147 , 204 13 Grants and similar amounts paid (Part IX , column (A), lines 1-3) 134 , 096 , 959 142 , 715 , 818 14 Benefits paid to or for members (Part IX, column (A), line 4) 0 0 15 Salaries , other compensation , employee benefits (Part IX, column (A), lines 5-10) * 13 , 134 , 068 13 , 351 , 920 fundraising fees (Part IX, column (A), line 1le) 0 0 o 16a Professional 0.3 2,386,287 • ' b Total fundraising expenses (Part IX, column (D), line 25) ► W 17 Other expenses (Part IX, column (A), lines 11a-11d,11f-24e) 12 , 698 , 912 15 , 577 , 240 18 Total expenses . Add lines 13-17 (must equal Part IX, column (A), line 25) 159 , 929 , 939 171 , 644 , 978 L5 19 Revenue less expenses. Subtract line 18 from line 12 102 , 752 , 320 112 , 502 , 226 o Beginning of Current Year End of Year e 20 Total assets (Part X, line 16) 2147925714 2443372250 21 Total liabilities (Part X, line 26) 40 , 627 , 915 33 , 967 , 542 = 22 Net assets or fund balances . Subtract line 21 from line 20 2107297799 2409404708 Fart 1 Signature Block Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct and complete. Declaration of yreAarer (otheS than officer) is based on all information of which oreoarer has any knowledge , Sign I I Signatue of officer Here , Alan Holzer Type or print name and title Pnntfrype preparer's name Preparers sfpnature Paid Jocelyne C. Miller Preparer KPMG LLP Fom's name ► Use Only 345 Park Ave. Firm's address ► New York, NY 10154 May the IRS discuss this return with the preparer shown above? (see instructions For Paperwork Reduction Act Notice, see the separate Instructions. DAA * LINE 15 INCLUDES PAYMENTS OF APPROX. $4.5 Form990(2013) The New York Community Trust 13-3062214 Paae2 ,Part Ill ; Statement of Program Service Accomplishments Check if Schedule 0 contains a response or note to any line in this Part III 1 Briefly describe the organization's mission: See Schedule 0 2 Did the organization undertake any significant program services during the year which were not listed on the prior Form 990 or 990-EZ? . q Yes ® No If "Yes," describe these new services on Schedule 0. Did the organization cease conducting, or make significant changes in how it conducts, any program services? q Yes No If'Yes " describe these changes on Schedule 0. Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported. 4a (Code: ) (Expenses $ 148,555, 170 including grants of $ 142, 715, 818 ) (Revenue $ The New York Community Trust makes grants in four broad areas: Children, Youth, and Families; Community Development and. the Environment; Education,. Arts, and Human -Justice; and Health and People with Special Needs. We are committed to helping meet basic needs and respond to emerging problems, while sticking with issues over time. We also educate our donors about City issues -and bring together government, nonprofits, and other funders. We made grants totaling $25.4 million to help strengthen families and young people. Examples include grants to prevent teen pregnancy in poor neighborhoods; support a network of mentoring for at risk kids; start anti-gang violence programs in public housing; and provide community alternatives for juvenile offenders. 4b (Code: ) (Expenses $ including grants of $ ) (Revenue $ (continued from 4a) We made $21.8 million in grants to relieve the chronic shortage of affordable housing, strengthen the local economy, protect the environment, and support workforce development. For example, we made grants for participatory budgeting in selected city council districts for capital improvements; identify distressed buildings and helped them avoid foreclosure; promote Atlantic offshore wind power; and expand workforce and business development programs across the City. Arts and culture, education, historic preservation, and human justice received $74.8 million in grants. To name just a.few examples,' grants provided new work and rehearsal space for artists; narrowed the achievement 4c (Code: ) (Expenses $ including grants of $ ) (Revenue $ (continued from 4b) gap for minority students; reduced school suspensions and arrests; and provided lawyers to help young immigrants apply for deferred action. We spent $18.6 million in the area of health and people with special needs, including grants to study traumatic brain injuries in veterans; reduce hospital re-admissions for people with heart disease; improve the training of home health aides; and coordinated care for patients with mental illness and chronic physical illness. 4d Other program services (Describe in Schedule 0.) (Expenses $ including grants of $ ) (Revenue $ 4e Total program service expenses ► 148,555,170 fAA Form 990 (2013) Form 990 (2013) The New York Community Trust 13 - 3062214 Page 3 4 1 Checklist of Req uired Schedules Yes No I Is the organization described in section 501 (c)(3) or 4947(a)(1) (other than a private foundation)? If 'Yes,* complete Schedule A 1 X 2 Is the organization required to complete Schedule B , Schedule of Contributors (see instructions)? 2 X 3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes ," complete Schedule C, Part I 3 X 4 Section 501 (c)(3) organizations . Did the organization engage in lobbying actmties, or have a section 501(h) election In effect during the tax year? If "Yes," complete Schedule C , Part II 4 X 5 Is the organization a section 501 (c)(4), 501 (c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C, Part III 5 X 6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If 'Yes,' complete Schedule D, Part I 6 X 7 Did the organization receive or hold a conservation easement , including easements to preserve open space, the environment , historic land areas, or historic structures? If 'Yes," complete Schedule D, Part 11 7 X 8 Did the organization maintain collections of works of art, historical treasures , or other similar assets? If 'Yes," complete Schedule D, Part 111 8 X 9 Did the organization report an amount in Part X, line 21, for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling , debt management, credit repair, or debt negotiation services? If 'Yes,* complete Schedule D, Part IV 9 X 10 Did the organization, directly or through a related organization , hold assets in temporanly restricted endowments , permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part V 10 X 11 If the organization 's answer to any of the following questions is 'Yes ," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable.
Details
-
File Typepdf
-
Upload Time-
-
Content LanguagesEnglish
-
Upload UserAnonymous/Not logged-in
-
File Pages202 Page
-
File Size-