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New York Community Bank Foundation is a private corporation based in LINDENHURST, NY. The foundation received its IRS ruling in 1997. The principal officer is Raisman Magen Zicht Assoc Cpas. It holds total assets of $749K. Annual income is reported at $3.2M. Total assets have decreased from $18.3M in 2011 to $9.6M in 2023. The foundation is governed by 10 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. Grantmaking is concentrated in New York. According to available records, New York Community Bank Foundation has made 146 grants totaling $422K, with a median grant of $3K. Annual giving has decreased from $261K in 2022 to $160K in 2023. Individual grants have ranged from $300 to $5K, with an average award of $3K. The foundation has supported 97 unique organizations. Grants have been distributed to organizations in New York and Ohio and Arizona. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$4K
Average Grant
$4K
Largest Grant
$25K
Based on 90 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
New York Community Bank Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 146 grants. Its grantmaking reaches organizations primarily in NY, OH, AZ.
New York Community Bank Foundation has distributed a total of $422K across 146 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $300 to $5K.
The application deadline is ALL PROPOSALS SHOULD BE SUBMITTED BY 10/15, AS MOST OF THE DISTRIBUTION IS DONE BY 11/30.. Grantees need to submit application for future grants yearly, as the information needs to be updated year to year. This includes organizations with multi-year commitments. The foundation requires that an agency keep it informed about the project in which it was funded and any other pertinent information concerning the agency on an on-going basis. The foundation monitors the granted monies based on the agency updates.
New York Community Bank Foundation is headquartered in LINDENHURST, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Marian Conway | EXECUTIVE DIRECTOR | $140K | $0 | $140K |
| John Pinto | TREASURER | $0 | $0 | N/A |
| James O'Donovan | DIRECTOR | $0 | $0 | N/A |
| R Patrick Quinn | SECRETARY | $0 | $0 | N/A |
| Georgiana Reese-Benatti | DIRECTOR | $0 | $0 | N/A |
| Dominick Ciampa | DIRECTOR | $0 | $0 | N/A |
| Thomas Cangemi | DIRECTOR | $0 | $0 | N/A |
| John Adams | DIRECTOR | $0 | $0 | N/A |
| Thomas Calbrese | BOARD CHAIR | $0 | $0 | N/A |
| James Carpenter | DIRECTOR | $0 | $0 | N/A |
Total Giving
$712K
Total Assets
$9.6M
Fair Market Value
$9.6M
Net Worth
$6.5M
Grants Paid
$160K
Contributions
N/A
Net Investment Income
$457K
Distribution Amount
$493K
Total Grants
146
Total Giving
$422K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
97
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| United WayEVENT SPONSORSHIP | Deer Park, NY | $1K | 2023 |
| Molloy UniversitySUPPORT MARKETING INTERNSHIP PROGRAM | Rockville Centre, NY | $5K | 2023 |
| Community Development Corp Of LiSUPPORT FUNDRAISER | Centereach, NY | $5K | 2023 |
| Li Arts AllianceFOR SCHOLAR-ARTIST PROGRAM | Greenvale, NY | $5K | 2023 |
| Tiegerman SchoolSUPPORT FUNDRAISER HONORING J. O'DONOVAN | Glen Cove, NY | $5K | 2023 |
| Little Flower Childrens ServicesFOR INNOVATION FUND | Hauppauge, NY | $5K | 2023 |
| Associazone Culturale Italiana Di NySUPPORT CULTURAL EVENTS | Ridgewood, NY | $5K | 2023 |
| Island Harvest2022 GENERAL OPERATING FUNDS | Mineola, NY | $5K | 2023 |
| Li Community FoundationLIS STEWARDSHIP FUND SUPPORT | Melville, NY | $5K | 2023 |
| Cn Guidance & Counseling2023 GENERAL OPERATING FUNDS | Hicksville, NY | $5K | 2023 |
| Cornell Cooperative Extension ServiceSUPPORT MARINE PROGRAM | Riverhead, NY | $4K | 2023 |
| Education & Assistance Corps (Eac)CHILKDRENS' PROGRAMS | Hempstead, NY | $4K | 2023 |
| Empire State CollegeANNUAL FUND FOR STUDENT PROGRAMS | Saratoga Springs, NY | $4K | 2023 |
| Family Service League$2,500 FOR CAMP, $2,500 FOR EVENT | Bay Shore, NY | $4K | 2023 |
| Health & Welfare CouncilGROCERY GCS TO SUPPLEMENT SNAP | Melville, NY | $4K | 2023 |
| Li Museum Of American Art History & Carriages2023 GENERAL OPERATING FUNDS | Stony Brook, NY | $4K | 2023 |
| Hecksher MuseumSUPPPORT EDUCAITONAL PROGRAMS | Huntington, NY | $4K | 2023 |
| Suny College At Farmingdale FoundationWOMEN IN COMPUTING PROGRAM SUPPORT | Farmingdale, NY | $4K | 2023 |
| Queens Economic Development Fund2023 GENERAL OPERATING SUPPORT | Jamaica, NY | $4K | 2023 |
| Queens Botanical GardenWEDDING GARDEN SUPPORT | Flushing, NY | $4K | 2023 |
| National Kidney FoundationDIRECT PATIENT & YOUTH EDUCATION | New York, NY | $4K | 2023 |
| New York Institute Of Technology$4,000 FOR PYTHON PROGRAM, $500 FOR ENERGY CONFERENCE | Old Westbury, NY | $4K | 2023 |
| Caumsett FoundationSUPPORT FUNDRAISER | Huntington, NY | $4K | 2023 |
| Cleary (School For The Deaf) FoundationGENERAL SUPPORT | Nesconset, NY | $4K | 2023 |
| Cornelia Connelly Center2023 GENERAL OPERATING FUNDS | New York, NY | $4K | 2023 |
| Habitat For Humanity Long IslandSUPPORT FUNDRAISER | Middle Island, NY | $4K | 2023 |
| Society Of St JohnlandSUPPORT FUNDRAISER | Kings Park, NY | $4K | 2023 |
| Queensborough Community College Fund-Performing ArtsIN-PERSON PERFORMANCE SUPPORT | Bayside, NY | $4K | 2023 |
| Li Community HospitalEMPLOYEE SUPPORT PROGRAM | Patchogue, NY | $4K | 2023 |
| Li Children'S MuseumSUPPORT WESTBURY STEM PROGRAM | Garden City, NY | $3K | 2023 |
| Book Fairies2023 GENERAL OPERATING FUNDS | Freeport, NY | $3K | 2023 |
| Li Sled HockeySUPPORT EQUIPMENT EXPENSES | Lynbrook, NY | $3K | 2023 |
| Rx Compassion IncWOMENS HEALTH GUIDE | New York, NY | $3K | 2023 |
| Glen Cove Sage FoundationTO SUPPORT SENIOR PROGRAMS | Glen Cove, NY | $3K | 2023 |
| The Opening World - WyandanchFOOD FOR IMMIGRANTS | Wyandanch, NY | $3K | 2023 |
| Boy Scouts Of America - SuffolkLEARNING FOR LIFE | Medford, NY | $3K | 2023 |
| Farms For City Kids FoundationSPONSOR SCHOOL TRIPS | Port Washington, NY | $3K | 2023 |
| Girls IncSUPPORT FUNDRAISER | Deer Park, NY | $3K | 2023 |
| Pal O MineSUPPORT JSTEP PROGRAM | Islandia, NY | $3K | 2023 |
| Futures In Education FoundationSCHOLARSHIPS FOR DISADVANTAGED STUDENTS | Brooklyn, NY | $2K | 2023 |
| Interfaith Nutrition NetworkSUPPORT FUNDRAISER | Hempstead, NY | $2K | 2023 |
| Hofstra UniversityDANIEL L. MURPHY FUND SCHOLARSHIP | Hempstead, NY | $1K | 2023 |
| Wear Red Or Go NakedEVENT SPONSORSHIP | West Babylon, NY | $1K | 2023 |
| Family & Children'S AssociationSUPPORT FUNDRAISER | Mineola, NY | $1K | 2023 |
| Urban League Of LiSUPPORT FUNDRAISER | Plainview, NY | $1K | 2023 |
| Baby Essentials Of Li IncSUPPORT DIAPER AND SUPPLIES KIT | Bethpage, NY | $1K | 2023 |
| Islip Arts CounselART SUPPLIES FOR CHILDRENS DRAW A THON | Bay Shore, NY | $1K | 2023 |
| My Own Book FundBOOKS BUYING TIPS FOR 3RD GRADERS | New York, NY | $1K | 2023 |